Syz the moment

Source: Brian Feroldi

Source: Michel A.Arouet

🏰 INTANGIBLE ASSETS: Example: Brand, Patents, Copyrights 🏰 SWITCHING COSTS: It would be expensive in terms of cost, time, or training, to switch to an alternative provider. 🏰 NETWORK EFFECT: A network becomes more powerful as more users join. 🏰 COST ADVANTAGE: A company can produce a product or service at a lower internal cost than competitors. 🏰 EFFICIENT SCALE: A company's buying power or market position allows it to dominate its category. by Brian Feroldi / Morningstar

“More money, it has been noted, has been stolen with the point of a pen than at the point of a gun.” - Warren Buffett Source: Vishal Khandelwal

Source: Habit Hustler

Source: Compounding Quality / Chris Quinn

1. Mortgage rates pass 2008 highs at 7.2% 2. Credit card debt set to hit $1 trillion for first time ever 3. Regional bank crisis leads to 2nd and 3rd largest bank collapses in history 4. Fed raises interest rates to highest level since 2001 5. Debt ceiling crisis nearly leads to US default 6. US sees most bankruptcies since 2020 lockdown 7. Interest expense on US debt set to cross $1 trillion annually 8. Fitch downgrades US credit rating for first time since 2011 Yet, the S&P 500 is up an incredible 700 points this year. Is this the most resilient stock market in history? Source: The Kobeissi Letter

1️⃣ Live below your means 2️⃣ Invest a significant portion of your income 3️⃣ Have a long-term plan 4️⃣ Create passive income 5️⃣ Be frugal 6️⃣ Avoid debt 7️⃣ Invest in yourself (source: Compounding Quality)