financial statements and earnings reports are worthless

level up in the financial markets is one day understanding that everything is noise

s&p500 / xyz company earnings release next week? up or down? miss target? beat expectations?

who actually gives a fuck?

it has been years since i last read a financial statement

i have 8 digits invested in company stocks and i dont know there earnings or growth or whatever kanasai metrics

my returns have never been better

cos it all does not matter

if you so smart, you must be very rich right

anyway

everything comes down to 1 thing:

rate of money printing

when ppl learn about investing

at some point they also learn about inflation and why $1 is only worth $0.50 in 20 years

'ya the value of money goes down over time, EVERY ONE KNOWS'

but it is so funny that people all accept the effect, but do not accept the cause

WHY the value of money go down over time?

even with deflationary tech like digital media, technological improvement, increased productivity and experience, prices of goods go.... up over time?

digital distribution and reproduction cost is zero.

digital storage is essentially free.

automation has expanded productivity from 8 work hours a day to 24/7 continues production

human experience and knowledge means constant improvement

yet, the prices of the same goods and same services go up every year

corporate greed is a weak and bad answer

inflation of everything, including costs, is the more correct answer

and why does the price of basic cost inputs go up every year?

my answer is that money printing devalues everything in the economy, so prices of everything will always go up

electricity, water, bread, eggs, whatever

everything go up in price

not cos they are more valuable or higher quality

but cos there is more money that was printed 

everyone acknowledges inflation exist

yet so many people refuse to accept that government prints unknown amounts of currency with no oversight

we cannot stop the money printing

only can accept it and then decide a strategy that takes it into account

real estate? non divisible, not portable, regulatory risks

gold? portable in small amounts

stocks? only us large/mega caps. any other market or segment is an uneducated choice

private equity or debt? lol good joke

different assets have different 'absorption rate' of printed money

some are very bad at absorbing the money, so its price will not go up much

some are very good at absorbing the money so the price will go up alot, even faster than the rate that money is being printed, cos many other things are so weak at absorbing the money

the only real solution is considered a dirty word and lazy speculative investing

but it is actually the peak of clear and enlightened thinking