Discover more from BowTied Bull
Improving the Free Value and Some Personal/Financial Themes
Level 1 - NGMI
Welcome Avatar! We’re getting close to the end of the year and that means we spend about two weeks preparing for 2022 and simultaneously reviewing 2021. Since most people spend December 31 - January 1 getting obliterated with huge amounts of alcohol, we do the opposite. We plan methodically so January 1 starts off with 100% effort and energy.
On that note, we try to be as introspective as possible. This means looking at areas where mistakes were made and attempting to fix them. *No one* shoots 100%. If you can shoot 75-80% on your predictions/decision making, you’re beyond elite and anything above 60% requires a level of intensity that would scare off normal people (yes seriously!). Even the *good* hedge funds and mutual funds rarely bat above 60% *consistently*.
Focus on Careers
As we’ve stated before, a job is something where you’re paid based on time (hourly wage), a career is something where you’re paid based on performance (Tech, M&A banking and Sales). We want to help people get into more career oriented roles. One of the big mistakes we made was focusing a bit too much on the BowTiedIsland guys as they blew away expectations (all of them now now have a living wage online - range of a few thousand monthly to well over $5K+ per month - this is incredibly good for just 6 months as a cartoon anon).
Here are a few steps: 1) for investment banking, that is covered with the Bankers Bible; 2) for tech we are handing that to BowTiedFox we know he is solid because we got an email from a VP recruiter at Google!; 3) for sales that is being covered by BowTiedSales Guy (performance) and BowTiedCocoon (Entry Level).
Pause. Please read carefully.
We will now expand the job help atmosphere and *do not* believe there are better paths to wealth when compared to M&A/Tech/Sales. Here is the reasoning. As we get bigger, people are at different stages in their life. We don’t know if someone is going to go into law or start a medical practice. We have to find a way to help them even if we don’t agree with the job/career choice. So. Here we go.
If you’re interested in Big Law, BowTiedAlpaca is going to create a guide for Big Law entrance. Similar to Fox, we will vet this with higher ups in the industry since we *don’t* know the industry well. The second is a Tax Person, Patrick the Tax Advisor, we’re guessing it is a tad early but we’ve looked through his information and it is accurate based on our accountants/law firm (yes we’re still homeless though!)
Autist Note: another area that needs an expert is probably Real Estate. We’re not going to go down that path given our homeless-ness situation in Singapore but it is likely of interest to many readers.
January 2022: Many of you will be recruiting to start the year (as usual). This is one way for us to help improve your lives near-term and use network effects to improve your US Trash Token income streams! January 2022 has more than that but we had to pause and notice that we hadn’t done enough. We need to get more people into 6 figure US token positions.
BowTiedIsland, Clown World and Merch/Memes
Island: We’re working on shifting the website to become a news aggregator site in addition to a marketing site for the high value anons. This will give people a reason to visit the website since it is living off of link juice from our old brand name (which was the most normie repellant brand name in the world). We’ve never run a news aggregator site, however, we’re handing the keys over to BowTiedOpossum. If you’re interested in helping with this, you’ll collect income from ads/affiliate links. We do not intend to profit off the website. Our brand name will simply be on there for link juice and authority/stamp of approval. We’ll generate some traffic from it but won’t be doing much on the work front unless it needs help getting off the ground.
ClownWorld: We’re starting from scratch! We’re working to find a way to make a new website that is a lot more user friendly. This campaign will continue into 2022 and we have some fun planned online as well for the Clowns. The problem with the current site is that it is just too small and web 3.0 focused (we thought only Sonic Autists would own clown and were proven wrong!). More on this later but for now you can reach out to BowTiedNarwahl on the Clown tracker. Again. We’re not forgetting it. We’re creating something a lot more user friendly and Narwahl is the current person to talk to regarding clown-quisitions.
Merch and Memes: For now there is no official merchandise. We don’t plan on doing anything soon unless things change drastically. This is due to a lot of crazy rules around copy etc. Better to keep everything digital and free so the network effect can take over.
On the Meme side, DgenFren has created the first ever meme job. Can’t think of anything more incredible than that. Going from trolling online for a few months (April 2021) to suddenly creating a livable income stream… from memes! This is probably the most impressive feat so far (No offense BowTiedOx!). While Ox is probably doing better in terms of US Token flow, DgenFren has created a *brand new* WiFi business. Simply impressive. (Autist note, if you notice both of these guys are completely insane so that’s a good tell for future success. Insanity.)
One note we would make for DgenFren (he’s reading this), is that he should expand into gifs/videos etc. We’re working with BowTiedClownWorld on some GIFs but both of these individuals have created interesting and engaging content.
Personal/Financial Themes to Think About
Positive Sum: The biggest curse to success, both personal & financial, is zero sum mentality. On a serious note, Wall Street is the *worst* at this and is one of the main reasons we don’t think they will succeed in the coming Web 3.0 world. While there are some smart guys, one of the major traits of Wall Street = Zero Sum transactional belief system. The world is not zero sum. If your best friend goes from making $100K to $1M or even $10M, you should be *happy* not sad. You have a powerful contact who you were friends with *before* success. He/she will remember *FORVER* if you are unhappy to see the step function upward. Don’t be a hater.
Avoid Passive Aggressive People: Friend of ours Cernovich stated that once you can pin-point passive aggressive people your life improves (something like this, he tweets a ton so it’s hard to find all of them). Autist note: no we’re not republican/democrat/political as we’ve stated before he’s a friend and we don’t care at all about politics since we can’t even vote.
Here are some tells, if you’re on Wall Street you’ll see them immediately: 1) hey buddy/thanks bud, 2) “don’t you think it was luck”, “how do you get so lucky”, 3) “with all due respect”, 4) can’t walk around normally without at least one hand (if not both!) firmly in pockets, 5) “must be nice”, 6) points out all of your bad points in a “joking manner” and 7) “don’t you think SOME people around here are being paid unfairly”
If you cut these people off early it is for your benefit. The same people will suddenly flip to your side if it will benefit them (office politics). Don’t give them a chance. 99/100 times your co-workers are *not* your friends. They will throw you right under the bus if it means $10,000 US Token extra for them.
Limit Rebalancing: For paid subs on Wednesday, we’re going to go through a step by step process to rebalancing your net worth. Once again… it depends on how much you make. The key to becoming wealthy is creating a secondary form of income. You might get excruciatingly lucky in a career. And. The math still says business owners crush in the long-term. We don’t know a single person who doesn’t own a business with a $20M+ net worth. (we’re sure they exist, we just don’t know them).
Barring extreme circumstances we were a bit disappointed in this poll. Many are rebalancing multiple times a year which is costly and time consuming. You have to include the time it takes to think about all your positions and your time should be worth thousands of dollars. The ideal number is about once a year since this locks in long-term capital gains and it also gives you time to think about everything at the same time period on an annual basis.
Kids/Pets etc: For some reason people ask a cartoon bull about kids/pets all of the time. In the end, our niche is finding a way to make you financially well off in ~3 three years (Give up three and you’ll be free).
We gave up a long time ago on dating advice as people were bragging about “not paying for drinks”. All they were saying is that they don’t date anyone attractive, a 8/10 or above does not need to pay for her own drinks as she has options (surprise!). Instead “cool” American culture turned into blacking out and hooking up in AirBnBs and dirty venues/clubs/bathrooms etc. Slow decline of society.
Our only comment is this: don’t take yourself out of the genetic pool and don’t be a deadbeat dad if you are elite. We’re not going to burn *your* time telling *you* how to live. Instead, we’d recommend figuring this stuff out yourself.
Taking yourself out of the genetic pool does the world a disservice if you are successful and elite. Imagine giving up all of your money to the government when it is all said and done just to have them invest in Transgender bathroom awareness and grasshopper tacos.
On the animal side, we’re pro-pets. They are great to have as they teach you the importance of the basics. Give a dog a toy to play fetch, some time outdoors on the beach and a doggie treat and he’ll be thrilled the entire day. You don’t really need as much as you think you do (unless you’re playing insecure status chasing games for the next shiny object). Autist Note: choose the happier versions of pets. If you’re reading this you’re probably an ultra intense guy/girl so better to go for something like a Golden Retriever, Labrador Retriever or a Collie (if you want a small dog choose similar personality).
Generational Wealth Transfer is Here
At this point you’re living in a time that will be written about for centuries (not decades). We have: 1) massive debt build up to the point where we’re raising credit card limits to pay for other credit cards that are due, 2) bug normalization and 3) rampant inflation - please don’t tell us the number is 6.8% it is much higher than that!
Will it be easy? No. The summer was brutal and the current time frame is volatile (Holiday spending, Taxes coming up, Institutional price manipulation etc.). It won’t get any easier. You also have rent/eviction moratorium ending and student loan payments (bad for meme coins/degenerate coins).
The Good News? The conclusion goes back to the same: computer coins. Individuals and institutional investors need to figure out a way to move up the risk spectrum given double digit inflation (minimum) and an asset class that is secure from confiscation. Crypto offers both. As we go through a rocky Q4/Q1 (more mandates, Covid-19 new variants), keep your eyes on the prize: holding onto all assets.
Smaller countries will continue to adopt BTC, larger countries will be better off in Fiat terms (US Token, Euros, Yuan etc.). However. The cat is out of the bag. As inflation ramps up, third world countries are generally hit harder. This results in a need for a new financial system to combat $30+ fees on remittance (just ask the Middle East, South America or Africa). Crypto solves it.
Future is On-chain: You’re seeing it live. Status symbols moving on-chain, individuals spending more time on a computer than in the physical realm and value being delivered based on quality vs. prestigious degrees/employer experience. Beautiful to see. As the boomers hand down their money to the next generation (through inheritance), a good chunk of this should move into computer coins.
53% going to ~5-10% is quite substantial! (Chart Source).
Some Generational Wealth Maths? Here is some envelope maths. Household wealth is $140 trillion (more or less). If half is owned by Boomers that is $70T (it’s 53% but to be safe we’ll assume the 3% is already in crypto - unlikely but for fun).
If $70T goes to millennials and younger age Gen X this implies… wait for it… a 10% investment into computer coins - $7T in market cap. This would be enough to near $10T in total capitalization… IE. the time in which many of you will disappear into the Ether.
As we’ve said, you’re early. You’re in a war against the institutions now. You’re not in the JV league. You’re in the pro leagues. Get ready to create generational wealth or be left behind and wonder what could have been.
Disclaimer: None of this is to be deemed legal or financial advice of any kind. These are opinions written by an anonymous group of Ex-Wall Street Tech Bankers who moved into affiliate marketing and e-commerce.
Niche Info: If you have a specific niche skill that you believe will be useful for our audience let us know. We’re always looking to send traffic to winners. And. Don’t ask us “How can I help” or “I can work hard for you bro” neither of these mean anything. You have to know your skill and bring something clear to the table.