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THIS TOO SHALL PASS
In an era of doom-and-gloom headlines, we periodically like to go back to the basics. If you believe that humanity will continue to progress, you can expect the chart above to continue along the trendline. It is easy to get caught up in the latest crisis, but ultimately, ingenuity and perseverance will see us through.
Our intent isn’t to undercut the seriousness of the current inflationary regime, the conflict in Ukraine, or any other pressing issue. We simply point out that at numerous points in history, the future seemed dark indeed, but thus far the optimists have ultimately been the victors (albeit with brief but sharp periods of pain).
We have no doubt that everyone reading this has had a horrific experience trying to secure tickets in the age of monopolies and bots. This is an interesting breakdown of how the current state of ticketing came to be.
The problem with the system used by Ticketmaster today—for fans at least—is that, now, everyone pays high prices, not just the people who weren’t able to get tickets from Ticketmaster. And no one is happy about it.
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Just some fun. A few at random:
- Sun and Seasons—Seasons are not caused by the Earth being closer to the sun in the summer…seasons are actually caused by Earth's 23.4-degree axial tilt.
- Salt Water Boils Quicker—Salt doesn’t make water boil quicker, in fact, it does the opposite!
- Twinkies Never Expire—Twinkies have a shelf life of approximately 45 days and only remain on the shelf for about 10 days
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A helpful reminder of where Canada sits relatively in terms of real estate affordability. There is always more nuance than broad-based metrics can cover (i.e., dynamics like immigration, supply, culture, etc.). That said, we think we should be cognizant of just how far and fast real-estate dynamics have changed in recent years.
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What do people do when they are given more time outside of work? They sleep!
While we are still working through this painful phase of finding a new normal for hybrid/remote work in many sectors of the economy, we did want to share this one positive data point in our world of chronic sleep deprivation.
All groups got more sleep – roughly an extra hour a day.
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Ninth Annual Capitalize for Kids Investors’ Conference
We are very proud to announce that the team at Capitalize for Kids went on to raise more than $2 million for the youth mental health sector in Canada. Throughout the day-and-a-half investors’ conference, actionable investment ideas were shared across asset classes, all in the name of building capacity for community service providers supporting youth at risk.
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