Newsletter #242 Lazy Ivy Leaguers, Cannabis Legalization, British Poverty

Dec 17, 2023

I’m preparing the Newsletter Survey so y’all know the drill: if you don’t answer it, it’s a major factor against you remaining in the Newsletter

Shoutout to @Markus for being the first paid subscriber of the Newsletter ahaha

Also shoutout to @Dane for being the biggest fan of the Swarm Podcast ahahah

Also shoutout to @WillBest for helping me record the most shared episode of the year!

Lots of talk lately about the antisemitic shenanigans happening at Harvard and other Ivys, but it’s important to remember that Ivy kids these days are soft and lazy (maybe they’ve always been….)

79% of grades at Yale are A-range. grade inflation at Yale is driven by the humanities and “studies” programs — with gender studies leading the way
Not only is grade inflation rampant, but Gen-Z Ivy kids are using “medical reasons” to skip or makeup exams…a 400% increase from the past 4 years COMBINED

Cannabis legalization is not just a victory against the War on Drugs but also a win for the 10th amendment and federalism
From an investing point of view, this massive business opportunity is being captured by a consolidated oligopoly at all levels of the economic chain
As more states will move toward legalization, the best bets are on the consolidated retail spaces and the holding companies as opposed to products and farming which are getting commoditized

Probably one of the craziest stats of the year that I routinely bring up with my European friends (and against my grandma ahaha) is the fact that if you exclude London, the UK is poorer than Mississippi! In a way this helps explain Brexit a lot more…
Woke intelligence in one graph: Black Americans are now much more likely to believe in “pulling oneself by one’s bootstraps” than white liberals ahahaha

Lorenzo’s Substack