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@mikeabundo
Today, most of the downtrodden pin their hopes on a better next life.
With AI making entrepreneurship more accessible and crypto making investment more inclusive, they won’t have to.
They can position for the next credit cycle, in this life.
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@mikeabundo
In every global storm, the same two candles flicker on the Philippine Stock Exchange: gold mining and gambling.
Safety for the rich. Escape for the poor.
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@mikeabundo
In frontier markets, money remains uncoupled from status. Play for status too early, and you miss the real game.
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@mikeabundo
Capital is your weapon. Volatility is the arena.
Courage brings you to the arena. Discipline steadies your hand.
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@trh
This is a wonderful breakdown of Vail's business model. From a business perspective, this is brilliant work; from a personal/human perspective, wow does it hurt.
https://www.instagram.com/reel/DExWbeWv4oT/?igsh=YWIxZjZ6NDU1aTVz
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@mikeabundo
America shouldn’t be funding Sesame Street in Iraq.
The Ethereum Foundation shouldn’t be digitally repatriating artifacts from Africa.
Focus.
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@mikeabundo
Marketing is a temporary edge in disruptable fields. Product innovation wins long term.
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@trh
52% of the companies that were listed on the Fortune 500 in 2003 have since gone bankrupt, been acquired, or otherwise ceased to exist.
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