What a roller coaster ride for the stock markets this week. S&P started the week dropping 2% and then magically rallied all the way back up. Yet, after Biden’s capital gain tax announcement, the whole recovery was wiped out once again. Today, we are witnessing the true animal spirit of the bulls who bravely push the stock market back up all the way again. Just like cats with nine lives, this bull market has proven once again it is not ready to die.
I came across this piece about two entrepreneurs taking on McDonald’s and its ice cream machine supplier. My first reaction after reading the whole article is that monopoly can exist not because of someone has a better technology or secret formula. It can also exist when those people in charge do not have the desire to improve customer experience.
If you are into first person flying experience, you may want to check out this amazing drone. Looking at it, the drone technology has really matured over the past few years. I am itching to get one too.
As someone who eat a lot of eggs and like eating eggs, this video proves what I suspected for a long time that not all eggs are equal. More importantly, the nutrition level in the eggs varies a lot but the so-called organic eggs from large companies are no better than their non-organic ones. If you pay attention enough to eat these eggs as-is, you can figure out which ones are better by their taste and texture.
I scheduled this weekend to clear my backlog of emails. For those of you waiting for my reply over the past few weeks, I will do my best to get back to you.
Have a great weekend all!