if you’re wondering why millennials & kids are saying fck it & gambling on meme stocks remember that: - average cost of a 1 bed apt in nyc is $4.5K per month - lower 6-fig salary in sf is considered lower class now - the dream of affording a home is dead before you even graduate - oh, and if you do graduate there’s no jobs because AI is automating them but we still have friends and experiences right? wrong, everything is 10x more expensive than it was 5 years ago, shake shack for 2 people is ~$60+ don’t even ask how much cocktails are “ok so we’ll socialise online” multiple monthly subscriptions to watch tv, being bombarded with personalised ads with every scroll telling you to buy pointless shit all while you swipe through pictures of some stranger on the other side of the world eat caviar for breakfast and fly private people’s brains are cooked from social media, they read a million headlines a day and think the worlds ending so they think that if they don’t do something urgently then they’ll keep falling behind and get trapped in poor land so, in a desperate attempt to maintain some fragment of social status (measured by likes & retweets) they throw what little money they can’t afford on memecoins, narratives and stocks in the hope they hit a winner. this trend isn’t going away. as dumb as it sounds, robotics, crypto & AI will scale to replace a lot of things that give humans purpose in the world today in order to stay on top it’s important to recognise these developing patterns early and position yourself accordingly, whether financially, career-wise or even philosophically. to be clear i am incredibly optimistic about the future - I think humans will excel further than they’ve ever before but the world (and humans) today will look extremely different to the one coming in a decade. it’s your job to read, invest, learn and do.