39 Comments
User's avatar
SamJones's avatar

I'm at the point in life where I'm focused on maximizing my giving....whether it's helping my grandchildren with college tuition or donating to my favorite charities. To that end, I subscribed to your newsletter to make money. I began following you in mid-July, have taken your recommendations to heart, and done well. The more I make, the more I have to give. Very much looking forward to you posting your trades. I do have a strong appetite for risk. Bring it on!

San's avatar

Beautiful! We need more people like you!

Dante's avatar

What a fantastic read. The world needs more discussion like this.

Seebs's avatar

I look at Buffet, still in the same house, same car, and basically gave away his entire fortune to his foundation. At the same time the passion and desire to do what you love, that got you that wealth, never leaves. Take care Steve and good luck with you new found independence.

MA's avatar
Dec 7Edited

Steve, you seem like a lovely guy and deserve a bit of honesty:

The only reason you have a readership is because you posted insanely prescient, extremely detailed research on REE stocks and backed it up with well-timed, high-conviction plays.

This post, on the other hand, is airport bookstore-level philosophizing, tedious and cliché-ridden.

Please pick a direction.

Steve's avatar

Careful you two, or I’ll have to double the frequency!

Danny's avatar

I’ll admit this got a good laugh out of me on the bullet train. You’re making me break social norms while I’m abroad!

Biotech Distilled's avatar

It’s like some people think you’re a robot instead of a real person. Boop beep boop. Dance monkey dance.

You keep writing what makes you happy. Selfishly, I don’t want you to burn out.

Danny's avatar

Agreed, and the increase in frequency of posts like these are why I haven’t subscribed. I appreciate his perspective, he seems like a sincere person, but I’m not paying $20 something a month for this kind of content.

DoDPhd's avatar

“The Book of Joy” is one of my favorites! I find myself gifting it often, and coming back to it year after year 😊

Hope you have a wonderful time enjoying the the sky, sunshine and water.

Andrey Tkatchenko's avatar

Very nice work!

James's avatar

You are truly inspirational. Thanks for sharing your insights.

Troblin's avatar

Wonderfully written!

Dave Madden's avatar

Your reflection reminds me that true wealth isn’t in gold or uranium—but in refining the soul when not under pressure. The market tests us, but grace is the ultimate hedge, and generosity the rarest precious metal.

QMave's avatar

Oddly enough, while not near my financial goals from obligations I rather not endure, I asked myself last week what would change in my life if I became abundantly wealthy. Funny, when I asked myself honestly, not much would change since I am already at a point of stability. So I started writing down ideas and names of how I would funnel it away once I gained it.

Takeo's avatar

I had paid for this Substack and forgot to read - and this was my first article - and it was a nice read.

I am glad you think of giving back. That would be my foremost goal too, but I am yet to have that much “buying power”. Maybe next year I play it less save and try to take some risks.

Budd's avatar

Big hitter, the Lama

destinyisall's avatar

nice read thanks

generosity freeing when practiced with real compassion and non-attatchment to outcome

the pitfall is practicing generosity out of relational fear, wanting a specific outcome (closer attachment, control, etc)

i see many sick patients where this latter pattern is at play

still discovering the former - kids have really helped me realize what it is

peace

Andrew's avatar

Let me know if you would like an intro to Doug... :)

Steve's avatar

This guy?

Rip it Roof it's avatar

He made this post so we stay humble when we all get filthy rich. Don’t worry, Captain Steve, we will follow your investment journeys and your philosophies as long as you don’t turn out to be some OSHO-type leader 👑