Postcards: You Are Here
No matter how much we want to try to pretend that "This time is different" we can't escape the inevitability that comes by looking at past performance. Plus... "Is this time actually different?"
Dear Fellow Expat:
Every few years, I make an awful purchase.
I’m not talking about a stock that underperforms or an options trade that tanks.
No… I’m talking about a consumer product good.
I go online, or I walk into a store.
There, I find a shirt or pair of pants in my specific size (Good luck finding quality 36/37 shirts).
And I pay American currency for these items.
What makes them a bad purchase?
They are the color “white.”
My wife has a constant bet on the over-under time it will take me to stain the white shirt. It’s usually within the first wear. It doesn’t matter how many times we joke about it. It doesn’t matter if I wrap myself in napkins and bubble wrap.
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