Once adjusted for both inflation and the big increase in fuel economy, the real price of gasoline per mile driven in the US is far from the all time records seen by the nominal price.
“What’s the point of making lots of money if not having the joy of giving of service, meaning, and purpose? I still stick to the original goal: Do well for investors and encourage philanthropy through example.”
Did you know that interest in limb lengthening surgery is up 65%.
This is something picked up from Glimpse – one of the best resources around (and in my top 12 list)
Why? Dating apps allow filtering by height, and though 5’9″ and 5’10” are very hard to differentiate in real life, it is easier in a filter. Bumble even charges for height filtering.
This type of cosmetic surgery is one of the few that has a documented financial benefit – every inch of height is equal to $800 more in annual earnings for men.
The monthly Glimpse newsletter not only identifies these under the radar trends but is full of this type of insightful analysis.
For investors, both in venture and public markets, it is totally worth paying up for the full thing (the free version doesn’t have any analysis and only two trends).
Use the code SnippetFinance10 by 13th of June and get a 10% discount on any subscription for six months. (see disclaimer).
“Despite record 1Q 2022 results and continued capital discipline, the disconnect between the energy sector weighting in the MSCI Wold Index relative to the oil market value is at its widest level since 2000“.
It is from Harding Loevner, using Circle K (owned by Alimentation Couche-Tarde) in Norway (which has electrified faster than other countries) as their case study.
Positives – charging takes a lot longer = higher conversion to spending customer + longer in store.
“About 15% of gasoline customers venture inside to make additional purchases during their car’s few minutes at a Circle K pump, while 40% of EV drivers do so during the 20–30 minutes their vehicle is charging.“
Negatives – three quarters of charging is done at home.
Most investors, including me, have limited experience of inflationary risk.
This paper, from 2021, is an excellent guide – looking at passive/active strategies across asset classes over the past 95 years.
As we have seen it is tough – unexpected inflation is bad for traditional assets (bonds, equities). Commodities do well but depends which ones. Trend following and active equity are the best protection.
