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Farnam Street Investments December 2022 Commentary: Deadly Inventions

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Jacob Wolinsky
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“Death is very likely the single best invention of life.”
--Steve Jobs

Mother Nature cares very little for the individual. She uses death as a sorting and cleansing mechanism. What can her brutal indifference teach us about investing and good decision-making hygiene?

We’re perpetually dying inside. No, really. Apoptosis is a biological process in multicellular organisms that's best described as programmed cell death. It's ancient Greek for "falling off," like leaves from a tree. Apoptosis is a highly regulated process within the body, happening constantly. The average adult loses between 50 and 70 billion cells every day due to apoptosis. That sounds like a lot. But recent estimates put the total cells in the human body around 37 trillion. So we’re only...

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Jacob Wolinsky is the ex-Founder of Valuewalk.com (founded 2011, sold 2023). He is founder of HedgeFundAlpha (formerly ValueWalk Premium), a hedge fund focused intelligence service for institutional investors. Prior to founding Valuewalk, Jacob covered small caps, worked recruiting members for a large hedge fund community and freelance financial journalism. Jacob lives with his wife and five kids in Passaic Park NJ. - Email: jacob(at)hedgefundalpha.com. For confidential inquires email me for my Signal ID. Other methods of secure communication are also available. FD: Most of my portfolio is in I mostly purchase broad-based ETFs, mutual funds or individual bonds - I do this for performance reasons and to avoid any potential conflict of interest or occasional receipt of insider information. I will disclose if I have a stake in any company, but in general I have few stocks and I avoid any trading especially around topics I am covering.