Netflixosaurus

FAANG is now TAAG

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People ask me: why is there a book, when you put everything on YouTube and the Newsletter?

Repeat after me: NOT EVEN CLOSE. There is no way that a series of 10-minute videos can be cobbled together, in piecemeal fashion, and replicate the approach in the book. I can’t assemble the articles, snippets and videos in any order.

That won’t stop people for trying.

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Netflixosaurus

There used to be something called FAANG, which led stock markets. Now it’s TAAG (Tesla, Apple, Amazon, Google): Microsoft should be in there, but when FANG was invented as a ‘thing,’ Mister Softee hadn’t transformed itself. GAAMT GAMAT TAAGM (none of these look quite right).

• Facebook

• Apple

• Amazon

• Netflix

• Google

In Netflix’ case, when you don’t innovate, and you have no inherent edge, and face multiple, highly-equipped entrants, you’ve got a problem. Netflix shareholders agreed: -35% today.

Don’t Be Netflixosaurus

After I appeared on thestreet.com, a possibly game-changing bill was introduced. It alters the financial approach for those selecting health insurance plans, via their employer or themselves. That is what can happen, a single bill can have ripple effects that could benefit you by $1k a year for an untold period of time.

Note: the image below is about a proposed change to Medicare, BUT HSA accounts are important for all age divisions to understand. Braces on a pre-tax basis, anyone?

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