"Each decade, our collective standard of living goes way up. The world gets way richer. We all get more; we all expect more." -@sama This was really good. A must-watch: The billionaire class — especially the unapologetic oligarchs on the @theallinpod — loves to fear monger about the need to win the AI race at ALL costs, disgustingly unaware that the improvements in "living standards" have generally not accrued to the bottom 50%-plus in decades. The ONLY economic statistic that should matter in any developed economy is median real income growth. I'm shocked that @realDonaldTrump, @SecScottBessent, and @howardlutnick haven't led the charge to downplay GDP growth in favor of median real income growth as the key statistic for investors to watch, given their MAGA roots. Perhaps they aren't populists after all? Maybe they simply campaigned as populists because that was the easiest path to power for these billionaires. Time will tell. In the meantime, consider dispassionately executing our KISS (or Dr. Mo) signals if you don't want to be left behind by rampant income and wealth inequality. Trust me and our friend @RayDalio — inequality will get worse before it gets better. ❤️