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2024: 46.6%, taoism, the circle of extreme competence, whisky, cash, and future plans

Disclaimer: Nothing on this site, including this page, constitutes investing advice. Please do your own due diligence. Returns in 2024 were 46.6%. In the same time period, the Nasdaq Composite returned 30.8%, SP500 returned 24%, MSCI World returned 19.2%. In 2024, my family welcomed a new life into the world. At the time of writing, my son is just under 3 months old. As I work, he is in the back of my mind and I repeatedly tell myself that I hold his future in my hands. The most important people in a newborn’s life are their parents and I find that incredibly motivating. There is absolutely no way I am going to let him down. 2024 was a great year for us from a returns standpoint. In the US, valuations are quite stretched. Multiples have expanded to levels similar to 2021 and 2001. Everyone looks like a genius in a bull market. However, 2025 with a more ambiguous, volatile setup, could be a more challenging year. Source:  https://am.jpmorgan.com/us/en/asset-management/adv/insig...

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