How to navigate (markets, roads, parties)

Morning friends, 

Three goodies, in three minutes. Let's go.

📉 Bear Market 

Now we're “officially” in a bear market.

Was curious... how long's this last? 

So I pulled the "Top 10 US Market Crashes"

(yes, made w/ my own bear hands...🐻)

How to navigate (markets, roads, parties)

Takeaways:

  • Recent 2020 crash was shortest bear market ever

  • Average duration = 16 months

  • Average market drop = 47%

Notes: 

  • S&P 500 was down 21% from its January high as of Monday.

  • Bear market just means drop of 20%+ from recent high.

  • Bear markets are bad. 

  • Bear puns are good.

🧭 US Interstate System

I had ZERO idea how the interstate system worked. (“Hey Siri, where is Whole Foods?”)

It’s mostly confusing (Interstate Majors, Interstate Minors, etc.)

How to navigate (markets, roads, parties)

But Interstate Majors make a lot of sense. 

They use up to 2 digits.

How to navigate (markets, roads, parties)

Interstate Major Rules:

  • Ends in 0 = traveling east/west

  • Ends in 5 = traveling north/south

  • Lower numbers = more Southwest

  • Higher numbers = more North East

Check out The Interstates Forgotten Code to learn more. 

📚 The 2-Hour Cocktail Party

Nick Gray is a MASTER party host and connector. 

He recently moved to Austin and now is like a local celebrity. 

Sure, he’s built and sold two companies. And yes, he’s a loyal newsletter reader (hi Nick!). 

But the real reason is he’s hosted hundreds of events and puts a TON of thought into building relationships. 

The “NICK” Party Formula: 

  • Nametags 

  • Icebreakers 

  • Cocktails only (no dinner)

  • Kick em’ out (only 2 hours)

He shares all his tips and tricks in his new book The 2-Hour Cocktail Party

How to navigate (markets, roads, parties)

Check it out here (only $1.99 on Kindle right now). 

Have a great week. 

Much love, 

Mitchell