From energy surplus to energy scarcity.
From economic growth to economic shrinking.
From deflation to inflation.
From social stability to instability.
Here is what you as an #investor need to know to prepare for these changes.
It is unimaginable for most.
But the world is running out of high density energy.
And renewables won’t be able to close that gap. It’s physics.
Which means we are facing a future where all of us will have to live with less energy available. Most have no idea what this means.
Less energy available means less energy to do things.
A lack of energy affects everything.
• Industrial production
• Transport
• Food production
• Healthcare
• Education
• …
Lack of energy means that the economy must contract.
It will become smaller & less complex.
History is full of examples and we too cannot escape this process.
For a world that for the last +200 years was circling around the idea of “MOAR!” this is an earth shattering change.
Whole industries will evaporate.
Those who rely on a globalized economy of scale will be hit first.
Those who rely on cheap, non-local energy will be hit hardest.
Those who rely on a financialized system will crash and burn.
Governments will not be able to stop this.
People will face increasing hardships. They will pay more for essential things such as
• Housing
• High quality food
• Transport
• Healthcare
And they will have less money available for non-essential things.
What consequences should you take as a retail investor?
• Don’t put a lot of trust into fiat currencies.
• Put no trust into the stock market.
• Buy assets that appreciate or hold their value. #BTC, gold, land, property.
• Spread out your risk.
Stay away from companies with:
• A lot of debt.
• “Growth” as their main business model.
• Products or services that satisfy a want instead of a need.
Instead focus on businesses that offer:
• Solid finances.
• Products or services that people need.
• • •
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As promised, I took a closer look at some #crypto projects you recommended.
In today’s thread, I’ll take you through my research results for @GuildOfGuardian‘s game Guild of Guardians (GOG).
It’s an exciting project so let's jump right in!
Some numbers first.
• GOG is a mobile RPG that will go live in 2022.
• There are over 150.000 pre-registered players.
• 50+ developers with experience in AAA-titles are working on the project.
• The game raised over $5.3 million through #token sales (GOG Gems).
GOG has a neat website. A lot of time and money went into making this.
There are no broken elements. Spelling & grammar are flawless. urlvoid.com shows no problems.
All of this gives the important first impression of a legit project.
Since I got to know #crypto 6 years ago, I have tried to get numerous others interested in it as well.
How many was I able to convince in the end?
So far 2 people.
Here's why.
Most people are not interested in anything that is "too" new, even if it has potential to positively change their lives forever.
A new #technology only becomes interesting for them when it is considered "good" by a broader audience. Meaning that a lot of people have adopted it.
Another thing I noticed when talking to friends and acquaintances about #cryptocurrencies was that most simply don't have the spirit to research a new, complex #innovative technology after a hard day's work.
It was mildly interesting and that was that. Can't really blame them.
Yesterday I wrote a thread about how the world will change fundamentally in the coming years & decades and why it is important for you as an #investor to prepare for this.
In this thread I will go a level deeper and explain some of the backgrounds.
Here are 19 “mental tools” that I find useful for #Investing (and life in general).
⌚You can apply them at any time.
🧩The order is random.
🔧Which tools make the most sense for you depends on the given circumstances.
Let’s dive in!
1. Information Gathering
When making decisions, always source your data from different places. Include conflicting information and contrary opinions to get a more complete picture. And always assume that you don't know the full story.
2. Circle of Competence
Know which things you know and know which things you do not know. This way you know where you have an advantage and where you are at a disadvantage and should improve. Understanding your circle of competence improves decision-making and outcomes.