Congrats to Saudi Arabia who wins bid for 2030 world fair, beating Italy, S. Korea.
The Saudi Arabian capital of Riyadh won the right to host the Expo 2030 world fair, vote results showed on Tuesday, in another diplomatic victory for a Gulf country after last year's soccer World Cup in Qatar. South Korea's port city of Busan and Rome in Italy were also in the running to host the five-yearly event that attracts millions of visitors and billions of dollars in investment. “Our goal in the Kingdom is to organize the first environmentally friendly exhibition that achieves a zero level of carbon emissions,” Expo blueprint team member Eng. Nouf Bint Majid al-Muneef said. “The Riyadh Expo 2030 site will be powered by clean resources that rely on solar energy, and we are developing high standards for resource efficiencies and detailed strategies to enhance biodiversity, eliminate food waste, and ensure green waste management and recycling.” Source: Reuters, Al Arabiyah
Food for Thought
The right mentality
7 Timeless Principles of Effective Money Management
Source: Investment Books (Dhaval)
Record holiday spending: good news, just one problem: consumers used buy-now-pay-later schemes to spend $7.3BN from Nov. 1 to Nov. 26, up 14% from a year ago, per Adobe
These are basically vendor/3rd party financing programs which don't show up on already maxed out credit cards... Source: Statista, www.zerohedge.com
Among the famous Charlie Munger quotes
Source: Ticker History
The 10 rules of Ikigai
Source: Investment Books (Dhaval)
As highlighted by Tavi Costa, one of the positives for gold today is the consistent neglect of the metal as a defensive alternative over the past few decades
This is evident in the significant underrepresentation of precious metals among traditional investment strategists. Source: Crescat Capital
Fun Fact: Bill Gates Could Be A Trillionaire Today If He Had ‘Diamond-Handed’ His Original $MSFT Shares
If he maintained his 45% stake, it would equate to $1.23 Trillion today... Source: Cheddar Flow
