Should I Watch Spider Man Noir
Or should I read random Substack articles?
It’s tough to watch a movie with my kids. Especially with a dead even score between the Spurs and Thunder. My kids love NBA for 20 minutes until one side has a +10 lead, then dial out.
There are so many choices and even if everyone agrees on, say Harry Potter, someone will get a nightmare. So it’s back to square one.
Then one falls asleep, and there goes movie night. When that occurs, my wife then wants to watch one of her shows, which is basically anything Tyler Sheridan puts out.
(And before that Shonda Rhimes)
And then halfway through an episode, lights out. So all these cliffhangers really take a toll on my memory and my joy of watching quality movies that no one but followers of Dave Bongiorno and I would rather watch.
(A movie or TV show should challenge you a little bit, or it’s just hotel art)
So I succumb to mindless streaming like Spider-Man Noir with Nicholas Cage. I watched 15 minutes of every stereotype known to many (and AI) and wondered what made me want to watch it in the first place?
I like Nicholas Cage
I like film noir
I like Spider-Man
I love the theme of a retired hero arising to take care of business
Before bed, it will put you to sleep like a Mozart piece you have heard since childhood. Nothing to rock the boat.
In the investment world, it’s like hearing a nice, homely quote from Warren Buffett or an interview from Stanley Druckenmiller.
How many of them have you bookmarked?
Be honest.
But all of these are stereotypes now. It is most definitely not fresh, but you wouldn’t know it from critics and fans on the RottenTomatoes site:
But if you read the details of the review, you can kind of get a different view:
The same modern-day comfort that ruins family movie night is quietly destroying our investment thinking
The news and “ratings” are not exactly going to challenge you to grow and think for yourself.
You have to do it yourself.
Of course, we have social media with leading voices saying things that are opposite to what Druckenmiller and Buffett casually say to the world, like Mike Benz, who knows more about connecting the dots than most.
For those who don’t know who he is, he’s a former State Department official upset with the bureaucracy in Washington and has the ear of very influential people as an influencer. He appeared on Joe Rogan twice and is a great listen.
This statement I have always fought against. And anyone who has traded will not agree with it. But be honest with yourself.
He’s not entirely wrong, but there is something missing from this, and it’s clear he doesn’t touch investing.
The content we mostly consume has already been statistically proven to satisfy your tastes. Your current tastes. Or, as we have seen, force ideas into your head that you may not have considered.
But it won’t challenge you to think.
The same with most investment content. On the weekend, you want content to enjoy. But I argue to seek out content that you disagree with, or, quite frankly, you want to write an acid-dripped letter to the editor.
The one thing you have over the insiders and politicians is time, time and time. So use it to your advantage.
But my time is limited, and I would love to subscribe to these two below
Golden Bear Capital and Onveston Global Research
From them, I stumbled upon a Substack account with three ideas I’ve been talking about, but I highlight the most essential one.
It’s funny how the “free” or newish accounts offer a lot of value you really can’t find elsewhere.
It aligns with my gut outlook on the market, but it also provides logic I may not have considered.
If his observation turns out to be true, this is the opposite of Berkshire Hathaway and many other investors of the past +20 years.
A true paradigm shift.
And something you don’t need to follow a guru, rejigger your algo, or follow what politicians do. It’s too big to rig.
So, with all the parallels to 1999-2000, maybe the bubble is in the paradigm that has been perfected and is about to be dismantled?
Do yourself a favor and challenge yourself.
If you don’t know what challenging yourself feels like, try doing a push-up or two to understand what Iam asking.
Please take the time to subscribe; anyone who does will lock in these low rates forever.
Make it a powerful Sunday
Eric