Peter Mallouk

Check out my new podcast, Icons and Ideas. And what better way to kick it off than with the #1 guy at the #1 asset manager in the world, Larry Fink, CEO of youtu.be/N9pFWp35rKA?... via @YouTube

Jobs most likely to be replaced by AI, according to Microsoft.

There’s people that ride motorcycles without helmets, then there’s people familiar with statistics.

Summer’s almost over.
We only get ~80 of them—if we’re lucky.
Book the trip. Catch the sunset. Tell your loved ones how you feel.
Stop waiting. Life is now.

What produces inflation?

Milton Friedman had the answer decades ago:
“Too much government spending and too much government creation of money - and nothing else.”

"Don't look for the needle in the haystack. Just buy the haystack!" - Jack Bogle

Everyone wants to know where the S&P 500 will be a year from now.

Here’s the truth: nobody knows.

History shows 12-month returns are pure randomness.

Successful investing means aligning portfolios with long-term goals, not chasing forecasts.

"You can't go back and change the beginning, but you can start where you are and change the ending."

"Compound interest is the eighth wonder of the world. He who understands it, earns it; he who doesn't, pays it." - Albert Einstein

Markets now pricing in a >90% chance of a 25 basis point cut in September

The greatest wealth...

“The idea that a bell rings to signal when investors should get into or out of the market is simply not credible. After nearly 50 years in this business, I do not know anybody who has done it successfully and consistently." - Jack Bogle

The world’s 6 largest companies are all U.S. tech giants — together worth over $18 trillion.

And 22 of the top 25 are American

4 things that should be required learning in high school…

The S&P 500 has never been more concentrated in just five stocks than it is today with the biggest U.S. companies representing over 28% of the index.

2% inflation is a myth, or worse, a lie. Anyone living in the real world over the past five years knows that.

Red or Blue, the national debt goes up. The only thing both parties can agree on is sending the bill to future generations. Next stop: $38 trillion.

“If you mix politics with your investment decisions, you’re making a big mistake.” – Warren Buffett

US Auto Insurance rates have increased by 94% over the last decade, far above the 35% increase in overall consumer prices.

The deficit disaster continues with renewed momentum. Terrible.

Confidence comes from doing hard things…

Credit card debt is the silent killer. Over 12% of balances are 90+ days delinquent – near the highest in 14 years - with interest rates north of 21%. Nothing destroys wealth faster.

The two biggest real estate trends in one graph.

The two biggest real estate trends in one graph.