The Price of Everything

Bull & Bear

Hi, The Investor’s Podcast Network Community!

Believe it or not, the cost of taking a shower can vary dramatically worldwide.

Denmark takes the cake as the most expensive place to shower, with the estimated cost of a year’s worth of showers eclipsing $800 🇩🇰

Across 89 countries, the average annual cost to shower is about $260, which is just below the U.S. average of $264.

💭 The more you know, right?

— Matthew and Shawn

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QUOTE OF THE DAY

“The stock market is filled with individuals who know the price of everything, but the value of nothing.”

— Phillip Fisher

COOL CHARTS

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TUNE IN

🎧 Gold just set a record. Why?

🎥 Charlie Munger’s advice to Mohnish Pabrai (Instagram Reel)

🎥 Can a tech startup reinvent the U.S. defense industry?

🎧 Currencies and debt with Lyn Alden

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WHAT WE’RE READING

📖 Books: What I Learned About Investing from Darwin, by Pulak Prasad

📰 Long-form articles: Why bonds are making a huge comeback

🗞️ Advice: On wanting what others have

TRIVIA

Which year had the worst U.S. stock market returns?

As measured by the S&P 500

SOCIAL POST OF THE WEEK

RECOMMENDED READING

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FINAL THOUGHTS

🔢 One Big Number: 33% — average annual return for Amazon since 1993, best among S&P 500 companies over the past 30 years

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See you next time!

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All the best,

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