Be a Good Loser

Author

The Idea Farm
October 15, 2023

Together With

“Every bubble consists of a trend that can be observed in the real world and a misconception relating to that trend.”

- George Soros

Research

Howard Marks wrote about what he believes is the optimal strategy in both investing and sports to achieve above-average long-term performance.

“There’s such a thing as the risk of taking too little risk. Most people understand this intellectually, but human nature makes it hard for many to accept the idea that the willingness to live with some losses is an essential ingredient in investment success.”

Facts & Figures

A new study estimates ~ 95% of people holding NFT collections are currently holding onto worthless investments. Source: dappGambl

On average, in U.S. cities with over 1 million people, 22% of land in the city center is used for parking.” Source: KTVX

The number of LinkedIn posts grew 41% from 2021 to 2023. Source: Business Insider

Advertising is 28% of Instacart’s net revenue. Source: Instacart’s S-1

Bank of America says interest rates are coming off 5,000-year lows. Source: Bank of America

As of October 2, 2023

The average monthly mortgage payment has risen from a pandemic low of $977 to $2,351. Source: Bloomberg

The cumulative flows and performance of TLT have a large divergence over the past year. Source: Bloomberg

Small-cap P/E’s have declined over the past 5 years. Source: Royce Investment Partners

The Russell 2000 Index represents the top 1000 companies by market capitalization in the United States. For illustrative purposes only.

Invest in a Sustainable Future with Farmland LP

Farmland LP is one of the largest investment funds in the US focused on converting conventional farmland to organic, sustainably-managed farmland, and providing accredited investors access to the $3.8 trillion farmland market in the U.S.
 
Over the past 14 years, they have built a portfolio of more than 16,000 sustainably-managed acres.
 
Their goal is simple: to produce attractive returns for investors and tangible benefits for the environment.
 
And Farmland LP’s adherence to Certified Organic standards give investors’ confidence that its business practices align with their sustainable-investing goals.
 
In today’s world of high inflation, volatile markets and uncertainty, consider what other investors including Bill Gates and others are doing and add farmland to your investment portfolio.

To learn more about Farmland LP's Fund III, click here or reach out via e-mail.

Podcasts

10/13/23 - 45 minutes

Peter Thiel goes deep on investing, scientific stagnation, AI, culture, tech start-ups, and more.

9/26/23 - 45 minutes

Roger Ehrenberg of IA Ventures talks about his contrarian and opinionated view of how seed funds should operate, and how that's allowed him to generate 10x fund returns.

9/11/23 - 170 minutes

Brooks shares how to live and happier and more fulfilling life, which is the topic of his new book: Build the Life You Want: The Art and Science of Getting Happier.

WHAT ELSE IS HAPPENING

Meb Faber talked with Jon Hirtle about the evolution of the OCIO model over the past 35 years.

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