The S&P 500’s performance since Inauguration Day is now the worst for any president up to this point in data going back to 1928 - Bespoke Investment via WSJ

Listen 

If you are poor (<250k salary) 

And a rich person is giving you an opinion — trying to convince you of something 

You need to immediately discount that opinion. Straight away. Build this into your mental model 

These people do not live in the same world as you, they have genuinely no idea about anything. And to boot they have no loyalty to country like they used to. They are a global class loyal to themselves.

They do not care we all have to eat glass as long as they get their “common sense stablecoin regulation” and lower tax burden 

Nothing about these people makes them more worthy. They are not smarter than you either. Nor did they work harder. All of those things have been fully decoupled from success

It’s too late now but maybe if there’s a next time - let’s work on this 😊

The Farcaster formerly known as Kchamp. Books, beats, bodybuilding, bright ideas and beautiful things.

katherinechampagne.com

This is essentially the viewpoint in “Revolt of the Elites” by Lasch condensed into social media form

I was less generous than Lasch. I defined top here as top 10% not 20.

DX Engineer | Head of Developer Relations at /pinata | Building orbiter.host | stevedylan.dev/links | opinions are my own