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Cake day: December 27th, 2023

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  • According to Bloomberg, Johann Rupert told the conference to bear in mind that when the poor rise up, the middle classes won’t want to buy luxury goods for fear of exposing their wealth.

    “How is society going to cope with structural unemployment and the envy, hatred and the social warfare?” he said. “We are destroying the middle classes at this stage and it will affect us. It’s unfair. So that’s what keeps me awake at night.”

    … its almost comical how he thinks of this. The first thought is his businesses wont be able to sell luxury to anyone but the ultra wealthy.




  • Sometimes we might not do a great job because we didn’t know what we were doing and other times we were geniuses because we had messed up so many times before that we finally figured out how to do it right.

    As I grow older, I find this is how you become an ‘expert’. You start not knowing how to do it, then you figure out all the wrong ways to do it by doing it wrong. Eventually, when you have messed it up in more ways than anyone else you know which paths not to take and you are then the expert.