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Surprise! California’s 40 Qs of Rising Minimum Wage & Fast Food Industry Growth (Beating USA)

The Big Picture

” A bit of quick math: 726,600/0.987 = 736,170 (starting point). Journal (restaurant) reporter who inappropriately used non-seasonally adjusted numbers to make the following claim : “California had 726,600 people working in fast-food and other limited-service eateries in January [2024], down 1.3% 726,600 – 736,170 = -9,570.

Food 301
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10 Biggest Ideas in “How NOT to Invest”

The Big Picture

What does the endless stream of news, social media, TikToks, Tweets, magazines, and television do to our ability to make good decisions? Economic Innumeracy : Some individuals experience math anxiety, but it only takes a bit of insight to navigate the many ways numbers can mislead us. Why are we constantly prodded to take action now!

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Why Gen 2 Advisors Are a Flight Risk

Wealth Management

Brown did the math and decided he needed about 20 clients to break even. “I realized that we were still another year before we would even be able to consider whether the business would be ready to sell,” Brown said. There was no succession plan coming.”

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Transcript: Jonathan Clements

The Big Picture

You, you grow up in, in London, you graduate Cambridge and you start at Euro Money Magazine in, in London. And that’s when I decided to move to New York City and I joined Forbes Magazine as a glorified fact checker and immediately doubled my salary moving from London. I got a piece coming out in the a RP magazine.

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2024 Forecasting Follies

The Better Letter

In 1966, Time magazine boldly predicted : “Remote shopping, while entirely feasible, will flop – because women like to get out of the house, like to handle merchandise, like to be able to change their minds.” . “History is on our side,” he said. “We will bury you.”

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10 Weekend Reads

The Big Picture

New York Times Magazine ) • Wall Street Math Wizards Are Decoding Private-Market Returns : A small band of quants is shining a light into the shadowy world of unlisted assets. But It Is Fighting Back. As revolutionary new weight-loss drugs turn consumers off ultraprocessed foods, the industry is on the hunt for new products. (

Food 157
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Transcript: Michael Lewis on ‘Who is Government’

The Big Picture

If he had done this in business, he’d be like on the cover of business magazines and giving lectures for money on the lecture circuit. He, like, he stopped doing math and science when he was like seven years old. He somehow figured out the problem and no one knew who he was. He didn’t advertise himself. You know, that.