I continue to be blown away by your writing, Bob. I really connect with your messages and how you weave them together with music and sports, two things I also love.
Great article! I have two sons in their mid 20s out of college and working at good jobs, but I worry about them finding a good/compatible partner. I got lucky and over married right out of college, but I took some risks and chased down the perfect woman. I don’t see them taking the risks to do that, and I feel like it gets harder to find a good partner the longer you wait after college. One just had a break up with who he thought was the perfect girl so he’s trying to get over that, and one is so shy he has trouble meeting people. So I worry about their LT happiness if it’s still tied to having a good partner for life, because as you point out young folks don’t seem to do it the way we older folks did.
Congrats on the Substack feature! I’ve never heard of the index mindset, but something about it feels like spinning your wheels rather than aiming and going somewhere intentionally. Great article.
Bob, this was really inspiring for me. Thanks for writing it. I think the Index Mindset often veers into nihilism as well, which is a very unwelcome guest. So much inertia these days it seems.
The thesis here is so great, even if a third of the examples either seem irrelevant or like they could just as easily support the counter-argument. Wonderful collection of links at the end is more than worth the price of entry.
This was a smart newsletter Bob. The concept of indexing your life reminded me a bit of what Nassim Taleb promotes as the difference between being a Flaneur and the touristification of life. Sounds like you promote being a Flaneur as well.
“Rational flâneur (or just flâneur): Someone who, unlike a tourist, makes a decision opportunistically at every step to revise his schedule (or his destination) so he can imbibe things based on new information obtained. In research and entrepreneurship, being a flâneur is called 'looking for optionality.'”
Broad financial diversification can be expected to afford protection from nonsystemic failures but may fail in the inevitable event of systemic crises, which is something to keep in mind as we hit the end of four decades of monetary and fiscal distortion; the end because central banks drove rates to the zero bound. Some may be diversified enough, namely those with considerable wealth in real estate or commodities which provide insurance during long, destructive inflationary periods.
I continue to be blown away by your writing, Bob. I really connect with your messages and how you weave them together with music and sports, two things I also love.
Thank you so much, Jack.
I really LOVED this!
Thank you!
Great article! I have two sons in their mid 20s out of college and working at good jobs, but I worry about them finding a good/compatible partner. I got lucky and over married right out of college, but I took some risks and chased down the perfect woman. I don’t see them taking the risks to do that, and I feel like it gets harder to find a good partner the longer you wait after college. One just had a break up with who he thought was the perfect girl so he’s trying to get over that, and one is so shy he has trouble meeting people. So I worry about their LT happiness if it’s still tied to having a good partner for life, because as you point out young folks don’t seem to do it the way we older folks did.
I agree.
Thanks for reading and commenting.
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Congrats on the Substack feature! I’ve never heard of the index mindset, but something about it feels like spinning your wheels rather than aiming and going somewhere intentionally. Great article.
Thanks for visiting.
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I'm starting now to introduce my subscribe to join hes current finance capital for big business like life time changing investment work companies.
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Love all the connected sentiments. Not an easy thing to do. It 's fun to watch your mind work.
Thank you (and thanks for reading).
I'm thankful for your comment
I'm starting now to introduce my subscribe to join hes current finance capital for big business like life time changing investment work companies.
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Wow! I hope & pray for people to see these things you've written about here. Love the Benediction. Be Blessed! 😘
And you.
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I'm starting now to introduce my subscribe to join hes current finance capital for big business like life time changing investment work companies.
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Bob, this was really inspiring for me. Thanks for writing it. I think the Index Mindset often veers into nihilism as well, which is a very unwelcome guest. So much inertia these days it seems.
Thank you (and thanks for reading).
I'm thankful for your comment
I'm starting now to introduce my subscribe to join hes current finance capital for big business like life time changing investment work companies.
wastapp ¹³³¹³³⁵⁴⁷²⁴
The thesis here is so great, even if a third of the examples either seem irrelevant or like they could just as easily support the counter-argument. Wonderful collection of links at the end is more than worth the price of entry.
This was a smart newsletter Bob. The concept of indexing your life reminded me a bit of what Nassim Taleb promotes as the difference between being a Flaneur and the touristification of life. Sounds like you promote being a Flaneur as well.
Yes (and thanks for commenting.
“Rational flâneur (or just flâneur): Someone who, unlike a tourist, makes a decision opportunistically at every step to revise his schedule (or his destination) so he can imbibe things based on new information obtained. In research and entrepreneurship, being a flâneur is called 'looking for optionality.'”
And this thread: https://twitter.com/nntaleb/status/1421444189309612033?lang=en
Extraordinary.
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I'm starting now to introduce my subscribe to join hes current finance capital for big business like life time changing investment work companies.
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this post is one of the best things I read lately! CONGRATS
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Wow! That hit a nerve. Great perspective to contemplate
Thanks for reading.
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Just lovely. worthy of several reads. Thanks
Thank you!
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Your writing is exceptional
Many thanks.
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I'm starting now to introduce my subscribe to join hes current finance capital for big business like life time changing investment work companies.
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I happened upon your writing this morning, and what a delight. I love your messages and the delivery. Quite something.
I very grateful.
I'm thankful for your comment
I'm starting now to introduce my subscribe to join hes current finance capital for big business like life time changing investment work companies.
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Broad financial diversification can be expected to afford protection from nonsystemic failures but may fail in the inevitable event of systemic crises, which is something to keep in mind as we hit the end of four decades of monetary and fiscal distortion; the end because central banks drove rates to the zero bound. Some may be diversified enough, namely those with considerable wealth in real estate or commodities which provide insurance during long, destructive inflationary periods.