Excess

Excess (n). an amount of something that is more than necessary, permitted, or desirable.

I like the idea of something that looks so plain and utilitarian, but when I’m wearing it, I feel special … I wear a T-shirt almost everyday, why shouldn’t i invest accordingly?

Liam Goslett, a 25-year-old photographer who recently spent $415 on a T-shirt.

A $415 plain white T-shirt
Seriously? Who is spending $415 on a plain white T-shirt? Do men really need so many versions of something so simple? Probably not. But in the same light, does anyone need to spend $18 on avocado toast?

As you might expect, I spent far less for my T-shirts. I frequently wear plain white T-shirts, but I have bought any in over a decade. My frugal wife bought me a half-gross (that’s 72) of those Beefy T’s from a wholesaler that was willing to sell to the public. We paid about $2 per T-shirt. I love my wife. She continues to dole them out to me as part of my birthday gifts and as Christmas stocking-stuffers.

 

Nobody wants to sidle up to a carving station and see just enough prime rib; they want to see too much prime rib

Slop Machines
How a family of hog farmers manage the excess of the world’s most indulgent city

 

Calling a market top is never easy but a market breadth divergence is an indicator investors should keep an eye on as a potential warning sign.

A Few Big Stocks Don’t Tell the Whole Market Story
Investors should also look at the number of equities that advance versus those that decline.

courtesy: WSJ

 

I know it sounds crazy … I felt fantastic. I knew they were just sugar pills, but I was able to go out dancing and see my friends again.

The Placebo Effect
A review of five studies, involving 260 patients, published last month found that “open-label” placebos – those that patients know contain no active medication – can improve symptoms in a range of conditions.

 

There is such a crazy thing going on in the market right now around autonomous vehicles … It is kind of like if you can spell ‘self-driving’ you can sell it for a billion dollars.

Driverless cars inspire a new gold rush in California
Money is pouring into Silicon Valley as a growing field of players vie for opportunities.

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