As someone who grew up dependent on SNAP, Medicaid, and Welfare, this question has been weighing on my heart all weekend: When the government wants to incentivize poor people to contribute more to the economy, it gives them “work requirements”. When the government wants to incentivize rich people to contribute more to the economy, it gives them trillions of dollars in tax cuts, subsidies, and government contracts. I think we could solve a lot of our K-shaped socioeconomic problems if we flipped this policy mix. Surely, the poor people need the money more than we do, no? As a successful business owner, I don’t need tax cuts, subsidies, and government contracts to *want* to grow my business. I am incentivized by my own desire to create fabulous outcomes for my clients, my employees, and each of their families. Why do so many of the other rich people in this increasingly K-shaped economy need handouts—“rich people welfare”—to grow their businesses? Moreover, why are so many of them so mean to the poor people on welfare too? You’d think they’d relate. At any rate, I quit my lucrative Wall Street job in part because I got sick of only making rich people richer. I wanted, needed, to make ALL people richer. We built @42Macro to satisfy this burning passion of mine and our *completely systematic* KISS model portfolio does exactly that for thousands of investors across the world—from the hallowed halls of Wall Street to the family rooms on Main Street. Sadly, the KISS strategy—risk-managed 60/30/10 Stocks/Gold/Bitcoin—is designed specifically to capitalize on America’s decaying economic and moral fabric. I’m not proud of that part, but helping thousands—perhaps millions someday—of regular people become rich and grow their wealth is the best solution I could devise with the gifts God blessed me with. Thanks for reading about why I’ve been sad all weekend and a key part of what I’m doing to help our divided, K-shaped society heal. I love and appreciate you. ❤️
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