Updated: Feb 14
This month, I recommend you check out Tim Ferriss's interview with Hugh Jackman. Besides playing Wolverine, Hugh Jackman has had an adventurous life. I found him thoughtful and surprisingly philosophical. Would recommend.
You might have heard of the gif that sold for $580,000. Like me, you probably wondered, "Why? Just....why?" I'm still not totally sure. But what's interesting is that it is now possible to track ownership of digital assets. Similar to how people can own a work of art in the physical world, you can now own "art" in the digital world. Essentially, there's a large, public database keeping track of who owns what, and how much it sold for most recently.
This also allows people to own fractional shares of real world objects. I'm not sure if I'd want to be known as "the guy who paid $600,000 for a gif," but maybe it'd be cool to own a tiny piece of the Mona Lisa. And maybe those aren't such different things.
If you want to learn more about how this all works and what it means, Patrick O'Shaughnessy's interview with Jesse Walden is a good crash course.
Now feast your eyes on this $580,000 gif. Much like the Mona Lisa, I don't own it, but I do get to look at it.
Nicholas Pihl, CFP®
Pihl Financial Planning