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I write about business, investing, and history. My writing: https://teapawt.net/t.co/j9WkpqwulO

Joined December 2023
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My favorite definitions of wealth are the ones that aren’t a number. The definitions of wealth I like say something about the human condition or the desires of the person who abides by them. My latest piece: poorjacksalmanack.beehiiv.co…
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Life offers no guarantees to anyone, but those of us who treasure Robert Caro’s books want assurances that he will deliver the final installment of his Lyndon Johnson series, writes @matthennessey  on.wsj.com/4tRuDJG
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Bob Dylan writing about Bob Weir in The Philosophy of Modern Song
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This is the most valuable resource I have ever created I wrote a brand new, extremely detailed Notion guide on every single strategy to save money on taxes The best of my content in a single place Want a free copy? - Like / RT this post - Reply with "GUIDE" and I'll DM you
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Wild fact about F. Scott Fitzgerald - a half century after his death, more of his books were sold in a single year than the entirety of his life.
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If this tweet is appearing, it means I’ve succumbed to cancer or one of its side effects. Please don’t feel sad for me. I’ve had a life filled with love, great experiences and wonderful career opportunities. Despite my demise at a relatively young age, I consider myse...
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From @byraied’s most recent, excellent, piece:
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Coffee and jazz is a great combo.
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Back to the blues
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Night 3 in Golden Gate Park celebrating 60 years of @GratefulDead will be a one we’ll never forget. I finally had the chance to play with @treyanastasio, and beyond the full-circle moment of it all, the lock we had going was instant. Trey’s ear-to-fretboard data transfer time is unparalleled. I’m still blown away. Extra special thanks to Grahame Lesh for joining us all three nights. No matter how many shows we play as a band, I will always be a guest in this musical world, and I’ll never lose sight of what is the great honor of my life… Happy 60th, Grateful Dead, and long may you run, @BobWeir, @mickeyhart and @BKreutzmann. It must be said… I’ll never come close to playing like @jerrygarcia. But if I can somehow get you closer to him - and to the spirit he created 60 years ago - then I suppose I’ve done my job. Thank you for accepting me. ♥️
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Just finished reading Say Nothing by Patrick Radden Keefe. A short review: I wanted to read something about Ireland after going there and this was an excellent book for someone like me who has little knowledge about Ireland's past. This book kind of reminded me of the movie Goodfellas in that the first half is about the allure and idealism of a criminal life while the second half is about the inevitable downfalls of that life. In the beginning, the young members of the Provisional IRA seem like justice-seeking vigilantes who are resorting to violence to create religious freedom and a United Ireland because the peaceful/political avenue is neither open nor viable for them. When Delours and Marian Price are captured by the British after bombing London, they go on hunger strike and their father says "An awful lot of people come onto earth, eat, work, and die and never contribute anything to the world. If they die, at least they will have done something." There's something romantic about that level of sacrifice for a "great cause". But as the book goes on the IRA performs terror acts of greater and greater horror leaving you wondering, alongside some of the IRA members, whether 1) the Great Cause justifies these actions and 2) whether these actions are actually advancing the Great Cause or discrediting it. Reading about the tragic circumstances of the orphans of IRA victims, the PTSD of IRA members coming to terms with what they've done, and how trauma can be passed on for generations spanning decades was heart wrenching. The irony of this conflict is that the IRA did not "win". Ireland is still divided into Northern Ireland (part of the UK) and the Republic of Ireland. So Delours Price is left believing that "she had been robbed of any ethical justification of her own conduct." and asking "Is this what we killed for? Is this what we died for? What was it really all about?" So much of what happened in Ireland reminds of conflicts that are currently unfolding in the world, particularly Israel/Palestine. This book makes a convincing argument that the longer a conflict lasts, the less sympathetic and humane all sides become. PRK said "I saw an opportunity to tell a story about how people become radicalized in their uncompromising devotion to a cause, and about how individuals - and a whole society - make sense of political violence once they have passed through the crucible and finally have time to reflect." He succeeds in capitalizing on that opportunity. He shares Robert Caro's talent for marrying top notch storytelling with well researched reporting. A pleasure to read if it were a work of fiction but terrifyingly eye-opening to read as the work of non-fiction that it is.
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@patrickc @collision what would you recommend reading (fiction or non-fiction) to better understand Ireland and its people?
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My favorite definitions of wealth are the ones that aren’t a number. The definitions of wealth I like say something about the human condition or the desires of the person who abides by them. My latest piece: poorjacksalmanack.beehiiv.co…
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I still like the sensation of reading physical books more than kindle but being able to have your highlights in one place that you can easily search through is a huge plus for kindle.
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Just finished reading Moneyball by Michael Lewis. A short review: I think people were surprised when Michael Lewis first wrote this because he was thought of as a "money guy" not a "sports guy", but in retrospect it totally makes sense. Moneyball is less a book about sports than it is about markets. It's about exploiting the inefficiencies of a system where players often weren't valued on statistics that measured their output but on their appearances and the highly questionable intuition of scouts who placed more credibility in what they saw a player becoming than what they had seen the player do to-date. The same way Buffett buys stocks he feels are undervalued and sell stocks he feels are overvalued by exploiting human natures tendencies towards emotion induced irrationality, so too does Billy Beane with ball players.
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If you do everything...
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“Imagine if I could have those newsletters and blogs translated to Spanish with the push of a button? Well, that would be quite useful. And there was my inspiration for a coding side project.” New blog: my recent experience with “vibe coding.” youngmoney.co/p/my-recent-ex…
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Ron Chernow may be the only writer who can write a 1,000 page biography on Mark Twain that I would read.
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By these numbers the fact that the majority of Americans say they are "middle class" actually makes sense (58%).
Replying to @dollarsanddata
Btw this is HOUSEHOLD net worth. Here’s an approximate breakdown of the percentage of US households in each level as of 2022/23: Level 1 (<$10k): 20% Level 2 ($10k-$100k): 20% Level 3 ($100k-$1M): 40% Level 4 ($1M-$10M): 18% Level 5 ($10M-$100M): 2% Level 6 (>$100M): <0.01%
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