Experience vs. theory in finance
The Swedish twin study found that once normalized for education, only individuals with direct experience working in finance successfully adapted their behaviors.
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China buying 25% of pre-war soybean volume
China is buying only 25% of the soybeans it purchased from the US under the Biden administration, undercutting Trump's trade victory claims.
Boeing deal with China falling apart
Trump's touted Boeing jet deal with China is stalled because Beijing is demanding parts and service guarantees to guard against future US export restrictions.
Concorde doubled its price by asking passengers what they thought they paid
Concorde operators discovered passengers assumed ticket prices were far higher than they were, and simply raised prices to match those expectations, turning the route profitable.
Xi Jinping promised Boeing jets — only 25% delivered
Despite Trump's celebratory claims after his China visit, Xi Jinping only committed to purchasing roughly one quarter of the Boeing jets previously promised.
20 rentals in 5 years
Brian Waters scaled from zero to 20 rental properties in just five years while working full-time as a firefighter in California.
6 rentals in 6 months
Brian added 6 new rental properties in the last 6 months, all while working full-time, coaching football, and raising twin boys.
Detroit buy box: $70K–$80K purchase
Brian's buy box targets properties priced between $70,000 and $80,000 in the Detroit and Memphis markets.
~$40K full renovation cost
Full renovations including new roof, windows, HVAC, LVP flooring, and kitchen cost approximately $40,000 in the Detroit market.
ARV of $170K on $130K all-in
Brian's Detroit BRRRRs appraise at around $170,000 on an all-in cost of $130,000, generating $40K–$60K in equity per deal.
