Stay Foolish. Get Good Sleep. And Be Rich.


To find answers, you have must ask naive questions. 

You have to ask questions, not from experience, but from foolishness. You have to ask questions, not from wisdom, but from folly. 

Be “confidently foolish,” and stubbornly stupid. And change happens because of the foolishness and not from the lack. 

In all their folly they lacked good sense.  Every single one of them. 

Confidently foolish, is the recipe of every startup the world has even seen, from The Wright Brothers to John Bogle’s Vanguard to an emigrant from South Africa wanting to start a rocket company (SpaceX) an electric car company (Tesla) and a solar company (First Solar). All. At. Once. 

All of them lacked good judgement. And foolishness like the world has never seen.

And the people who invest in this foolishness (Sandhill Road in Palo Alto). Fools. All stubborn… 

Stanford Grads… Absurd thinkers. 

Here’s a partial list of Stanford Grads absurdity (and some were so foolish they didn’t even graduate). Who are they to question convention. They aren’t old enough. Rich enough. Or well known enough. 

All fools. Everyone last one of them. 

Google… a foolish idea. Revenue $100 billion a year
HP… an absurd idea. Revenue $50 billion a year.
Cisco… a foolish idea Revenue $50 billion a year.
Nike… a foolish idea. Revenue $35 billion a year.
Capital one… a foolish idea. Revenue $30 billion a year.
Gap, Inc… a foolish idea. Revenue $15 billion a year.
Trader Joe’s… a foolish idea. Revenue $15 billion a year.
Micron Technology… a foolish idea. Revenue $13 billion a year.
PayPal… a foolish idea. Revenue $12 billion a year.
Netflix… a foolish idea. Revenue $12 billion a year. 

And there’s more absurdity… Expedia, Charles Schwab, Nvidia, Yahoo, Intuit, Electronic Arts, Akamai, Bain & Company, Cypress Semiconductors, Sun Microsystems, Atari, Silicon Graphics, Linkedin, Fairchild Semiconductors…

All absurd ideas.  

And this is just a partial list from one institute of stupidity. You, dear reader must consider the other fools… Harvard, Berkeley, Cornell, Columbia, MIT, Caltech, University of Chicago, Princeton, Yale, University of Pennsylvania, Johns Hopkins, Duke, UCLA, Northwestern, Carnegie Mellon, NYU, Brown, Rice… and the list drags on for pages. 

And this is just a partial list of institutes of stubbornness in the United States. 

Then you have to consider all the other institutes of absurdity around the world… India, China, Japan, Germany, Indonesia, Brazil, Pakistan, Nigeria, Bangladesh, Russia, Mexico and the other 200 countries. 

All asking absurd questions. 

The message we’re are all taught… You don’t question the system. You don’t question the status quo. The system is perfect. That’s why it’s the system. It works. But for whom??? 

Stop diversifying immediately. 

And if you can’t. Get help. You don’t have to do this alone. 

And embrace the absurdity of NOT losing half your money twice in a decade. 

Grab the folly of avoiding losses that take 10 to 15 years to come back from. Maybe even be open to the idea of a life without financial angst regardless of age, income or IQ. 

My entire point…

The questions you ought to be asking… or the answers you’re looking for… are probably not going to be found in the conventional world of investing. 

There’s a better way. But it’s not through a ticker symbol. Yes, I have a research company that offers a powerfully simple way to invest, which of course uses ticker symbols. And yes, you need to know the right symbol. But once you do, the work has just begun and not finished. And we are often taught just the opposite. 

Get trained.  And eliminate your angst. Because if you want a better life, a great night sleep, THEN I offer up an agreement. Meet me halfway and your life will change. 

Because your money is trying to tell you something… Here are three questions to ponder this week in regards to your money’s voice:

  1. What am I not saying that needs to be said about my money? 
  2. What is my money saying that’s not being heard? 
  3. What is am I saying to not hear my money?

Two random thoughts I’d like to leave you with.

#1 – recessions follow expansions

The longest economic expansion in US history before this one was 120 months and was called the 1990’s. But the 1990’s expansion was followed by 10 years of extreme pain and TWO recessions and TWO 50% + losses in the stock market. Many have still not recovered from it… even today. 

People, there are no free lunches.  

The US is experiencing expansion today. But just as the 1990’s did not go on forever, neither will this one. This is not a threat. It’s a promise. And we don’t know what will follow this expansion but it will be equal and opposite in correction. Just like the 2000’s were to the 1990’s. 

The time to prepare is now. Before the storm hits. And I can think of no better way than to get on the phone with me and to have an honest look at what you are doing. 

And sorry a well diversified portfolio will not carry you through to the other side. 

#2 – Nothing is more important than your health. 

Lose your health and you lose everything. 

I’m passionate about living better. 

And so I want to share with you a three part series on sleep. Peter Attia, MD interviews Mathew Walker, MD on his (Peter’s) podcast, The Drive. 

If you don’t know Peter Attia, here is what it says on his site: 

The Drive is hosted by Dr. Peter Attia, a Stanford/Johns Hopkins/NIH-trained physician focusing on the applied science of longevity, the extension of human life and well-being.

Who’s Mathew Walker, MD? One of the world’s experts on sleep. 

Here’s a link to the first of the three-part series on sleep. 

I started defending my sleep about two years ago and it’s been one of the best things I’ve ever done for my health. Wealth. And self. 

Sleep is the cornerstone of health.

In Your Corner,

RCPeck-Dig Signature.JPG

RC Peck, CFP

PS – If you don’t know the right symbols then that’s 100% of your problem. But if you do then you have solved [only] 10% of your problems. The other 90% of an investors problems can often be solved with this conversation.

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