Capitalogix

Here Are Some Links For Your Weekly Reading - May 5th, 2017

I'm not above using obscure Mexican battles to justify a party. 

Hope that you had a fun Cinco de Mayo.

Here are some of the posts that caught my eye. Hope you find something interesting. 

Lighter Links:

• A Beginner’s Guide to Biohacking. (Bulletproof)
• How Baseballs are Manufactured. (ReliablePlant)
• Google Trips Wants to Make Your Summer Vacation Easier with New Features. (AndroidA)
• Amazon Wants to Put a Camera and Microphone in Your Bedroom. MotherBoard)
• The Inventor of Siri Says One Day AI Will Be Used to Upload and Access Our Memories. (Re/code)

Trading Links:

 

• ETFs are ‘Weapons of Mass Destruction,’ FPA Capital Managers Say (Globe&Mail)
• No-Fee Stock Trading App Robinhood is Now Officially Worth $1.3 Billion. (BI)
• Life is Good for U.S. Home Sellers. (Money)
• Warren Buffett's 1991 Letter Perfectly Explains ESPN's Troubles. (Insider)
• ESPN Fires 100 On-air Personalities, Will Focus on Apps W/ More Live News & Video Streaming Features. (9to5Mac)

Face Your Fears - Will Smith's Video

Recently, Will Smith shared a video of himself at Skydive Dubai.

Apparently, the experience taught him much more than how to jump out of a plane.

 "The point of maximum danger is the point of minimum fear."

  

Worth a watch.

 

 via YouTube

Likewise, Tony Robbins preaches the importance of expanding your "threshold of control."

The idea is that you need to continuously push your limits and grow your tolerance of what is within your comfort zone.

Think about the problems and annoyances you had when you were 18, 13, or 8 ... Chances are that they were much smaller than what you now face comfortably. 

Expanding your thresholds of control, and facing your fears (and discomforts) is a big part of growth.

In my company, we call it "Getting Comfortable Being Uncomfortable."

The old way wasn't enough, and the tools and techniques that got you where you are, won't get you where you want to be.

So, into the unknown we go.

What do think will catapult you to that next level?  

What's the first step?

"The Absolute Dominance of the U.S. Economy"

Despite all the drama with Trump, fear of economic issues, etc. America's status as an economic superpower is intact. 

The chart below tallies the GDP of nations and represents each nation's GDP as a percentage of the global economy. 

 

via MarketWatch

 

The U.S. economy is by far the largest at over $18 trillion.

By Continent, Asia overshadows North America and Europe.  Yet, China (America's closest competitor) only has a GDP of approximately $11 Trillion.  

There is a vast difference between the "Have" and "Have Not" countries.

For example, South America's four biggest economies account for 4% of the global GDP, while Asia accounts for 33.84%. 

Impressive, but I suspect that America's success (globally) engenders the same resentment that the "One-Percent" get here in America.