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🎙️ The Price of Everything
[2 minutes to read] Plus: Showering isn't cheap
Weekend edition
Believe it or not, the cost of taking a shower can vary dramatically worldwide.
Denmark takes the cake as the most expensive place to shower, with the estimated cost of a year’s worth of showers eclipsing $800 🇩🇰
Across 89 countries, the average annual cost to shower is about $260, which is just below the U.S. average of $264.
💭 The more you know, right?
— Matthew and Shawn
QUOTE OF THE DAY
“The stock market is filled with individuals who know the price of everything, but the value of nothing."
— Phillip Fisher
TUNE IN
🎧 Gold just set a record. Why?
🎥 Charlie Munger’s advice to Mohnish Pabrai (Instagram Reel)
🎥 Can a tech startup reinvent the U.S. defense industry?
🎧 Currencies and debt with Lyn Alden
TOGETHER WITH SUPERISDE
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WHAT WE’RE READING
📖 Books: What I Learned About Investing from Darwin, by Pulak Prasad
📰 Long-form articles: Why bonds are making a huge comeback
🗞️ Advice: On wanting what others have
TRIVIA
Which year had the worst U.S. stock market returns?As measured by the S&P 500 |
SOCIAL POST OF THE WEEK
The market cycle of investor emotions:
— Brian Feroldi (@BrianFeroldi)
2:03 PM • Dec 5, 2023
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FINAL THOUGHTS
🔢 One Big Number: 33% — average annual return for Amazon since 1993, best among S&P 500 companies over the past 30 years
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