maintenance, the quiet act of keeping things going, turns out to be the hidden force behind success and failure in nearly every domain of human endeavor.
maintenance, the quiet act of keeping things going, turns out to be the hidden force behind success and failure in nearly every domain of human endeavor
The argument in favor of allowing everyday investors to own this stuff is that this stuff has made people really rich over long periods of time and so if you only let rich people own it, they're only going to get richer and the wealth gap explodes.
Housing services, which is rent, mortgages, utilities, is like 12% of the economy. Talking about, you can think about that like a $3 trillion a year subscription fee for living.
your 20s sort of dictate your trajectory into your 30s and 40s, and your ability to kind of get to the right positions in your 30s and 40s to really then aggregate influence and economic security are somewhat a function of the trajectory or the scale or the velocity you establish in your 20s.
1mo ago
Underscored — save the words that stop you in your tracks.
