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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Kirk © who wrote (12397)	11/18/2021 11:15:54 AM
From: Sun Tzu	Respond to of 26636

I am reading the annotated version of Reminiscences of a Stock Operator (highly recommended). I posted some excerpts on my board last night. Whatever disasters people see on the horizon today pales in comparison to what life was like back then.

To: Kirk © who wrote (12397)	11/18/2021 5:44:59 PM
From: robert b furman	Read Replies (1) \| Respond to of 26636

Hi Kirk, I hate to say it but it is a bigger problem that just millennials. I have a fellow member in our local athletics' association. He is very active and does a lot of community events. His employer allowed all their engineers to work from home during the pandemic. He is in his 50's and both of his kids are very smart and one graduated valedictorian. He began drinking to an excess and had to go into a two week detox program before he returned to work. For many of all ages, a daily discipline (called work) is very good structure for them to stay straight. As for millennials, my oldest nephew was a classic example. He had a condo in downtown Chicago, didn't have material possessions , but loved the downtown Chicago night life into his 30's. Then he fell in love, got married, bought a home in suburbia and had a little girl - ALL within 3 years. I think they have put it off, and then accelerated the growing up part of life. It's a pent up maturity thing. I suspect it will drive a lot of business for that demographic age group, in an accelerated fashion. Bob