I only rattle the begging bowl once a year, and this is it.
OK, I get it: money's tight. The bets that Tesla was going to soar above $1,000 and keep going have turned to dust. 401K accounts have been hit hard and the level of uncertainty about the future is pegged to 11 (recall that 10 is the conventional max on the guitar amp volume knob).
It's times like this when the crazy-valuable content on Of Two Minds becomes even more crazy-valuable. Yes, many people reckon it's simply crazy, but look how many times what was dismissed as crazy by the mainstream turns out to be right.
Let's not overlook the entertainment/amusement value of crazy. Crazy has its own unique entertainment value, and if there's one thing that everyone can agree on, it's that Of Two Minds is unique.
I tend to keep expectations low, as that fits my experience, which tracks Churchill's definition of success: going from failure to failure without loss of enthusiasm.
So in the spirit of maintaining low expectations, I'm looking for ten of you hundreds of thousands of readers who reckon the crazy-valuable (or just plain crazy) content here is worth a dollar. Heck, let's call it a dollar a month, or 12 Washingtons a year.
Those ponying up a Lincoln ($5) every month get the weekly Musings Reports, an incredible bargain given what you get. On February 8, a mere month ago on the calendar but an entirely distant era in terms of stock market action, I laid out why extreme caution in financial assets such as stocks was warranted.
Three full weeks before the stock market collapsed, I offered this conclusion to Musings subscribers / patrons:
"The risks ahead include everything from a short-lived decline in stocks to a full-blown crash as the world awakens to the consequences of the pandemic. This could be a short-term bobble in global growth or the end of the entire bull market that started in 2009. Nobody can predict with any confidence how this will play out, so extreme caution is a prudent starting place."
Subscribers / patrons who acted on this timely warning and analysis saved themselves a bundle, or maybe made a bundle.
On January 25, just two days after China revealed a heavily edited snapshot of the Covid-19 epidemic in Wuhan, I laid out a remarkably prescient analysis for Musings subscribers / patrons in Don't Underestimate the Coronavirus.
Every reader has received the benefits of my ongoing analysis of the Covid-19 pandemic. You can check out all thirty posts (count 'em, thirty!) here:
My COVID-19 Pandemic Posts.
You don't have to waterboard me, I readily confess this is a pure-writing site. Yes, I understand the value of video and podcasts, but this site is focused on readin, writin' and 'rithmetic, as in data-driven analysis and plenty of marked-up Federal Reserve charts.
I only rattle the begging bowl once a year, and this is it: are you one of the few, the daring, the foolhardy, the insanely generous readers willing to pony up a dollar a month to extend life-sustaining encouragement to the one-person content machine here at Of Two Minds?
If you are one of those rare and precious souls, please accept my sincere gratitude:
NOTE: Contributions/subscriptions are acknowledged in the order received. Your name and email remain confidential and will not be given to any other individual, company or agency.
Thank you, Patty L. ($5/month), for your superlatively generous pledge to this site -- I am greatly honored by your support and readership.
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Thank you, Robert H. ($75), for your monstrously generous contribution to this site -- I am greatly honored by your support and readership.
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