Big banks now testing tokenized asset payments
by Zain Jaffer According to a May 2024 CNBC report [https://www.cnbc.com/video/2024/05/08/major-banks-test-tokenized-asset-settlement-network-crypto-world.html], some major US banks are now testing the use of a blockchain network between
Talking their book
Although there are many out there who speak on CNBC and Bloomberg about where they think a stock or crypto is headed, the reality is that no one really knows how the markets move.
Asia’s Rising Dragon
We cannot write off Asia’s dragon. It will remain a major global superpower for decades to come.
Not following our own rules
by Zain Jaffer I love America. I’ve made my success here, founded and sold my startup Vungle to the private equity firm Blackstone, and am
The value of real estate brokers
by Zain Jaffer In October 2023, a Western District Court in the state of Missouri passed judgment on the case of the Sitzer Burnett agent
Charlie Munger and old world investing values
Recently, a giant in the investing world passed away. Charlie Munger, who formed part of the highly successful Berkshire Hathaway duo with Warren Buffet, died in late November 2023.
Our economy is under siege from illegal immigration
by Zain Jaffer There was a time when I first came to America that I viewed it as the land of milk and honey. The
Woke Overload
by Zain Jaffer The recent massacre of Jewish innocents by Hamas, and the subsequent retaliation of Israel in Gaza have provoked fiery and almost violent
Understanding digital assets is key to global leadership
by Zain Jaffer In June 2023, the US ramped up its efforts against crypto by going against major exchanges like Binance and Coinbase, and major
Student loan payments resume in October 2023
by Zain Jaffer Because the US economy almost ground to a halt during the COVID-19 pandemic, impacting business and employment, the federal government halted student
People are maxxed out on their credit cards
by Zain Jaffer In late July 2023, the total credit card debt of all Americans reached one trillion dollars. It is still growing as we
Redfin report says a quarter of their homebuyers want to move elsewhere
by Zain Jaffer According to a late July 2023 report from real estate giant Redfin, a full quarter (25.5%) of their home buyers want to
America is up to its neck in debt
by Zain Jaffer If you are a business owner trying to assess the road ahead, you need to comprehend many factors including social, political, legal,
Worldcoin wants to scan your iris to prove you are human
Altman, along with a new partner named Alex Blania, have started a new cryptocurrency project called Worldcoin. Worldcoin is unique in the sense that it wants to use eyeball iris scans using a gadget called an Orb as the way to do KYC.
Diversity and Merit will save America
As a naturalized American and immigrant, the 4th of July holiday has given me reason to reflect about America and Western society, especially with the recent news events like the violence in Europe, and the decision of the US Supreme Court to ban affirmative action as a basis for school acceptance.
Small US colleges are closing down
A recent trend in the US is the closure of many smaller colleges. The lack of enrollment, compounded by higher inflation and uncertain economic times, has caused many young people to reevaluate whether they will pursue higher education or just go straight to the workforce.
Overboard on credit card debt?
Just like our national debt that is already almost at $31Tn, it appears that the national credit card debt is following in its footsteps. If left unchecked, both have the potential to cause untold misery.
Warren Buffett on currency overprinting
We are at a critical juncture in our history. We need to be careful and not spend recklessly just because we are the global leader and world’s reserve currency.
Addicted to Debt
Credit is just a tool, but it needs to be used wisely. You need that sense that unless you know how you’ll pay for something and when, don’t use debt as a crutch.
How your mental investment paradigms can sabotage your success
If markets just go sideways, all the pre-pandemic investment rules of thumb fly out the window. If investors are not wise enough to see that beyond their biases, their limited experience, and paradigms, they may get hurt and wonder what happened to their money.