Guys, I fell in love again

Hi nerds -

I salute you from my last days at Network School, as I pack my yoga clothes for a Bali weekend.

This week was special because:

• I did my first stand-up comedy show (!!!) on crypto conferences, of course.

• I fell back in love with my coding crush.

brain farts

💰 Magic Formula Investing: John Greenbalt’s Magic Formula identifies high quality businesses at bargain prices. At a minimum, he says the formula outperforms the S&P, and when rebalanced yearly, provide ~30-40% average annualized returns.

Here’s how it works:

1. Rank US companies with market caps over $50M+ based on:

   1. Earnings yield: determined by dividing a company's earnings before interest and taxes (EBIT) by the total value of the company (EV).

   2. Return on capital: determined by dividing the company's EBIT by the sum of its net fixed assets and working capital.

2. Buy the 20-30 companies over the course of a year

3. Rebalance the portfolio selling off losers one week before the year term ends and winners one week after the year mark.

4. Repeat this for at least 5 years, ideally 10, et voila.

— Haven’t tried it myself, so definitely not financial advice. Interesting, nonetheless.

🚪 Exits: The ability to exit is our best lever against revolution. We see this in countries, companies, schools, relationships, and even group chats.

The harder it is to leave something (because of legal reasons, financial dependency, emotional stability, etc), the more likely we are to take up (metaphorical and real) guns when things don’t go our way.

Exiting is the foundation of competition, which is the bedrock of progress. But this only works if you can go somewhere better upon exit.

It’s why the world benefits from highly-skilled migration. Countries compete for talent which builds progress that is inherently more globally diversified.

👩🏻‍💻 Coding crush: Ironically, my love for coding went downhill once I became DevRel. Looking back, it makes sense. As DevRel, you rarely get a team to pair program with in a role that is about constantly learning new tech. I felt stuck.

That’s until I met my new crush: Cursor, the code editor that finally sees me.

Channeling my dawg Claude, I’m able to jam on my most profound ideas, always having with my application and documentation as context, and keeping me at my toes with my best practices from .cursorrules - I am back to building faster (and happier) than ever before.

— Thank you @PSkinnerTech for the gift that keeps on giving.

smart goodies

funky jams

Every couple of years I go back to an Incubus rabbit hole. For the old-school rock’n rollers in the house - this one is for you.

Thank you for reading - always down to connecting over juicy ideas.

If you’re into building powerful communities, please reply to this email and would love to geek out!

See you on cyberspace,

Jules 🤸🏻