Health, Wealth & Leadership [24 March 2024]
Don't eat at night, invest in fundamentally strong businesses, and learn how to use white magic.
Every Sunday I share three lessons from the world of Health, Wealth and Leadership. This week we look at research on whether eating at night makes it more likely to gain weight, why "eventually" fundamentals matter, and knowing whether you are creating white magic and black magic.
You can access previous editions of my weekly emails here.
1. HEALTH: Does eating at night make it more likely to gain weight?
If you are strict about your diet then it does not.
But the problem arises because you are tired at night and just want to eat tasty food. Usually tasty food often becomes junk food.
Eating at night also screws up the circadian rhythms for some people.
It's just safer to eat between 12pm to 8pm if you want to lose weight and drink calorie-free beverages like water, coffee, tea, and diet soda the rest of the time.
If you find that too hard then eat between 8am and 8pm.
- These findings come from 7 research studies in Pubmed. (1, 2, 3, 4, 5, 6, 7)
2. WEALTH: "Eventually" Fundamentals Matter
Nvidia's stock went up 1700% in the last 5 years.
Guess how much Nvidia's earnings estimate went up by? 1700%.
Meta's stock went up 260% in the last 7 years.
Guess how much Meta's earnings estimate went up by? 280%.
Google's stock went up 980% in the last 14 years.
Guess how much Google's earnings estimate went up by? 885%
Amazon's stock went up 2800% in the last 14 years.
Guess how much Amazon's earnings estimate went up by? 2500%
Netflix stock went up 14,882% in the last 18 years.
Guess how much Netflix earnings estimate went up by? 14,889%
Microsoft's stock went up 1200% in the last 22 years.
Guess how much Microsoft's earnings estimate went up by? 1200%
Do you see a pattern? Do you get the message?
The message is that stock prices follow earnings "eventually".
What does "eventually" mean? Data has shown that "eventually" means more than 5 years. I prefer to think 10 years to improve the probability.
In the short term the whole world may be making money while everyone may be laughing at you for being the odd one out.
But "eventually" FUNDAMENTALS MATTER!
Stick to the Fundamentals. Stick to companies that generate an insane amount of Free Cash Flow. And once you are convinced that you own the right businesses, just hold.
What if you don't know how to evaluate the Fundamentals?
Well then choose professional investors whose full-time job it is to analyze and invest in businesses. That is all they do, day-in and day-out, everyday. I trust the 25 analysts that do this at Marcellus. You have to find your own Investment Managers and then stick to them because "eventually" they will make you wealthy.
- You can read more about why Fundamentals matter by reading the article from Drew Dickson of Albert Bridge Capital.
3. LEADERSHIP: Are you creating WHITE MAGIC or BLACK MAGIC?
Your word can create WHITE MAGIC or BLACK MAGIC.
It can build or destroy.
There was a woman, for example, who was intelligent and had a very good heart. She had a daughter who she loved and adored. One day she came back tired and stressed from work. She wanted peace and quiet but her daughter was singing and jumping happily. The daughter was unaware of how her mother was feeling. She was singing so loud that it made her mother's headache even worse.
Her mother eventually lost control and said "Can you shut up. You have an ugly voice. Just shut up."
At that moment her daughters life changed. She believed what her mother said, that her voice was ugly. She never sang again. She also became shy at school. She had a beautiful voice but when she was asked to sing, she refused. Even speaking with others became difficult for her. She believed that she must suppress how she feels to be accepted and loved.
Her mother was clueless about how her words in that moment had cast a BLACK MAGIC spell on her daughter. People who are closest to us cast such spells on us all the time!
What's the moral of the story?
Be impeccable with your word. Firstly become conscious of the words you say to yourself and then become conscious of the words you say to others. Are you creating WHITE MAGIC or BLACK MAGIC?
- Lessons from the book The Four Agreements: A Practical Guide to Personal Freedom.
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I build businesses by growing revenue through systems and processes. Posts about how I stay healthy, make money and lead. Region Head @ EthosData VDRs. Founder @ Happy Ratio Diet. Long-Term Investing Evangelist @ Marcellus.