How to Build Wealth as a Career Person – Asher's Blog

kept by eddie oct 12

A steady career can build wealth by increasing your value, saving and investing the surplus, and avoiding lifestyle inflation over time.

Just bury your trash - Works in Progress Magazine
Landfills, when properly managed, are cleaner, cheaper, and more environmentally sensible than recycling most everyday materials, except metals, according to lifecycle analyses.
also on World Bank
A lot of population numbers are fake
Census and population estimates in many countries are systematically inaccurate due to fraud, weak infrastructure, or political incentives, not merely benign error.
also on World Bank
Inside the Invitation-Only Stock Market for the Wealthy - WSJ
The shrinking number of U.S. public companies creates a two-tier market where the wealthy access private shares of high-growth firms while most investors are left with older, slower-growing stocks.
also on SEC, #finance, #economy
S.E.C. Investigating Near-Implosion of A.I. Hedge Fund
Regulators have subpoenaed major Wall Street banks for details on the trading activities of the AI hedge fund Situational Awareness amid concerns of its near collapse.
also on SEC, #finance
Estimating AI productivity gains \ Anthropic
Analyzing 100,000 real Claude conversations, Anthropic estimates AI reduces task completion time by 80%, implying a 1.8% annual US labor productivity increase.
also on Bureau of Labor Statistics, #economy