Within the past 72 hours or so: - Apple's AI Chief steps down - Apple's Head of UI Design leaves to Meta - Apple's Policy Chief steps down - Apple's Head of General Counsel steps down They need a new Steve Jobs.

BREAKING: Netflix, NFLX, announces it has struck a deal to buy Warner Bros. Discovery for $72 billion in one of the largest media acquisitions of all time.

Last night U.S. time (5 Dec 2025), S&P Dow Jones Indices announced that three more companies will be added at the upcoming December rebalance: CRH plc (CRH) Carvana (CVNA) Comfort Systems USA (FIX) These are announced to join the S&P 500, with corresponding deletions and mid-cap/small-cap moves, but their inclusion becomes effective later in December (typical rebalance effective date is around the week of 19–22 Dec).

- BITCOIN DID NOT CRASH. It was executed. - On December 1, 2025, Japan’s 10-year yield hit 1.877 percent—the highest since June 2008. - The 2-year rate touched 1 percent, a level not seen since before Lehman Brothers failed. - For thirty years, the world borrowed free Japanese money to buy everything. Tech stocks, Treasuries, Bitcoin. That era ended last month. - The transmission was mechanical. Yields rise. Yen strengthens. Leveraged positions become unprofitable. Selling begins. Selling triggers margin calls. Margin calls trigger liquidations. Liquidations trigger more selling. - October 10: $19 billion in crypto positions liquidated in 24 hours. The largest single-day wipeout in digital asset history. - November: $3.45 billion fled Bitcoin ETFs. BlackRock’s fund lost $2.34 billion. It's the worst month since inception. - December 1: Another $646 million liquidated before lunch. - Bitcoin’s correlation with the Nasdaq: 46 percent. With the S&P 500: 42 percent. - While prices collapsed, whales accumulated 375,000 BTC. Miners cut selling from 23,000 BTC monthly to 3,672. Someone is buying what institutions are selling. ** The pivot point: December 18. Bank of Japan policy decision. If they hike and signal more, Bitcoin tests $75,000. If they pause, a short squeeze could reclaim $100,000 within days. - This is not about cryptocurrency anymore; it was a global deleveraging event, and the Japanese bond market pulled the trigger.

When you try to become a better person than you are yesterday, you will ultimately encounter roadblocks and challenges. Roadblocks don't mean that you stop. But it is simply a path you must traverse. Oftentimes, when I am doing something difficult, it feels like there's a shortcut or a quicker path. However, the reality is the path I am travelling on is the shortest, quickest path. Speed is determined by how quickly you resolve your roadblocks. When it comes to investing, people get discouraged when the market is going down. However, the market is volatile, and it is not about you. 50% of the time it goes up and 50% of the time it goes down. So when you are investing last month but you didn't make a big profit, some might be discouraged by such result. ​But what if gains and losses are part of life? What you are looking for is not a 100% win system but rather a system that wins more than you lose. And your ability to persist even when the market is going down, while you truly understand your edge and why you make money, is what separately successful investors from not-so-successful ones.​​​​​​​​​​​​​​​​​​​​ Some of you couldn't join with the Black Friday discount last month. So here's the early BOXING DAY​ discount to join Investing Accelerator, where you get an interest-free instalment over 12 months & 33% discount off the regular price: https://5mininvesting.thrivecart.com/boxing-day/​ After you join, you can schedule a free one-on-one call to ask any questions you have about your life, your situation and retirement. You can also use this call for technical support if you wish to have it later. I will set up a message / group chat to initiate the onboarding process. Cheers, Eric ----- Eric Seto Chartered Professional Accountant (CPA) Chartered Investment Manager (CIM) Founder of 5MinInvesting.com In December, my goal is to help 20 people without a financial background to master investing through Investing Accelerator.