Issue #273 (Which Jobs Will Be Replaced By AI?) 05/06/24
Yes, This Platform’s 77% Return is an Outlier – But the Rest May Surprise You — The news is true: Masterworks’ 15th sale just weeks ago returned an impressive 77% to investors. While such a high return is an outlier for the blue-chip art investing platform, you might be wondering what their prior sales delivered. Glad you asked…
Every one of their sales has returned a profit to investors, with 12 of them delivering double-digit returns, and 1 delivering triple-digit annualized returns.
 |
In full, Masterworks has over 300 paintings and their 16 exits have delivered: 32%, 39.3%, 36.2%, 27.3%, 9.2%, 33.1%, 21.5%, 17.8%, 13.9%, 35%, 10.4%, 325.5%, 4.1%, 17.6%, 77.3%, and 13.4% net annualized returns.
Every sale but one outperformed the stock market in the period from when it was offered to when it was sold.
With performance like that, offerings on the platform can sell out in minutes. However, Tech Productivity readers can skip the waitlist to join with this exclusive link. [ Note: Past performance is not indicative of future returns, investing involves risk. See disclosures: masterworks.com/cd ]
Skip the Waitlist →
|
Why do we put off doing things that are profitable in favour of doing things that aren't profitable? The simple answer is often that we enjoy the profitable things less than we enjoy the not-so-profitable things.
Take for example the next 4 months of my life. The weather here in Toronto, Canada is now (finally!) starting to improve. It's going to be sunny and hot. I don't want to be inside typing on a keyboard. I want to be outside, playing volleyball, riding my bike. Even if the weather isn't nice I'd prefer to plug in my guitar or bass and just jam aimlessly for a few hours.
I wish my work was as enjoyable as playing the guitar
Does this mean I'm going to spend my entire spring and summer doing fun things and not make any money? No, of course not. I'm still going to produce my newsletters, work on web development projects, write some articles, take care of any hosting and tech support needs for clients, pursue new leads, and so on.
But the thing that drives us to be less productive is often associated with our comfort level. Sure, in some cases, we have to work hard because if we don't do our work then the bills don't get paid and we'll be making our situation worse. So that's definitely a good driving force to be productive.
So my overall advice here is: If you want to be more productive at work, learn to enjoy what you do so work feels more like a fun volleyball game or a cool jam session, rather than, well, work.
Now on to this week's hand-picked productivity links!
|
|
Stepify — Post a YouTube URL for a lecture or tutorial and this AI-based tool will generate a short step-by-step summary of the video.
ambiphone — An online tool to create your own ambient sounds and mixes for helping with focus, relaxation, study, work, etc.
LaterOn — A newsletter aggregator and reader that enables you to have a distraction-free reading experience for newsletter subscriptions without flooding your inbox.
Anytime Mailbox — Business starters, are you in need of a business address separate from your home? Anytime Mailbox provides a seamless solution, securing a private, professional address with added benefits like mail forwarding and scanning for ultimate convenience. Start browsing locations today. sponsor
Zurimoney — A single place with a suite of tools for your money management, including organized workspaces for your accounts, transactions, budgets, and more.
ButterDocs — A Google Docs alternative for writers and editors, with a built-in notes app, outlining board, tools for focus, and collaboration.
Godspeed — A todo app for Mac that's 100% keyboard driven and built for speed and features cloud sync and full offline support.
|
|
We Need More Calm Companies — This is a term I'm never heard before, related to the recent rash of layoffs happening in different tech companies, which the author believes is a result of a lack of 'calm companies'.
The Illusion of Being Stuck — The author delves into the science and psychology of not only being stagnant in your career, but feeling comfortable in that state, and even regressing as time goes on.
The Morning Paper for Tech — Want a byte-sized version of Hacker News that takes just a few minutes to read? Try TLDR's free daily newsletter. It covers the most interesting tech, startup, and programming stories in just 5 minutes. No sports and no politics. sponsor
The Jobs Being Replaced by AI – An Analysis of 5M Freelancing Jobs — A data-driven investigation into which job categories have been impacted the most by the advent of AI and which AI skills have had the biggest increase in job postings.
What Is Brain Fog? A Detailed Scientific Guide on Limited Cognitive Function — A comprehensive look at the sensation of feeling sluggish, fuzzy, etc., commonly referred to as "brain fog", with a list of possible causes and some practical solutions.
Dealing With Anxiety When Starting a Business — A short reminder that might be useful to those of us in this situation, making the connection between watchfulness and anxiety associated with taking on something big and new.
I Quit My Job to Work Full Time on My Open Source Project — If you've contemplated doing something similar, this piece from Ellie Huxtable, who works on an open-source shell tool, may be the inspiration you need.
|
|
Have a suggestion for a productivity-related tool, article, or other resource? Send me a direct message via X (@LouisLazaris) and I’ll consider including it in a future issue.
Stay productive!
Louis
techproductivity.co
@LouisLazaris
|
|
|
