Source: Visual Capitalist, Feb 2017
Source: RealClearScience, Feb 2018
Money may not buy you love, but it turns out that the green stuff can bring happiness, to a point: New research finds that there’s a limit to how beneficial a lofty income is to an individual’s well-being.
Whereas emotional well-being refers to a person’s day-to-day feelings of happiness, excitement, sadness and anger, overall satisfaction in life is largely influenced by higher goals and a comparison of one’s belongings with others’ stuff.
On average, the research revealed the ideal income point, or “satiation,” is $95,000 for overall life satisfaction and $60,000 to $75,000 for emotional well-being. The highest satiation income related to one’s overall life evaluation was found in Australia and New Zealand, where happiness increased up until about $125,000.
By contrast, the satiation income in Latin America and the Caribbean, was $35,000. In North America, however, the threshold for happiness was reached with an income of $105,000. This data suggests that income matters more to individuals living in wealthier nations, according to the study.
Source: MIT, Jun 2016
the only difference between being a visionary and being stubborn is whether you are right or not
Source: ZeroHedge, Dec 2017
If JPM is right, the implications are staggering: contrary to expectations that bitcoin’s market cap is a rough reflection of its inflows, JPM’s calculations reveal that a mere $6 billion in net inflows since 2009 has resulted in a market cap of $330 billion. This goes to what Mike Novogratz said last week when he said that cryptos are unique, because unlike all other asset classes, there is no corresponding increase in supply when prices surge.