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This is Dan Wang's annual letter for 2022. Although these absurd three years have long passed, reading about them still inevitably brings sadness:
1. He immediately
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Jack Raines pointed out that Amazon was able to survive the dot-com bubble because they sold $672 million in bonds a month before the burst:
1. This cash
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Nick Maggiulli summarized four types of overvalued wealth concepts:
1. Early retirement — It may cause you to lose the meaning of life and miss opportunities for growth;
2.
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Herman Martinus spent four days riding a motorcycle from Cape Town to Johannesburg, which he likened to meditating in the desert:
1. Riding a motorcycle means you have
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Peter Yang, while holding a full-time job, also runs a newsletter:
1. He often says no to many things because he believes that maintaining the quality of the
