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Molson Hart's Blog - Molson Hart

Molson Hart's Blog -...
When People Outperform Data People who succeed via analysis of numbers and facts need to learn that understanding of people can...
2 months ago
1
2 months ago
People who succeed via analysis of numbers and facts need to learn that understanding of people can make that analysis unnecessary and can even outperform it. Examples: 1. Amazon did not make money between its 1994 founding through 2002. There was no financial or business...
Molson Hart's Blog -...
What Do Brontosauruses Know about Uncoordinated Conspiracies? Brontosaurus skeleton at the Yale Peabody Museum of Natural History (allegedly) Let’s pretend for a...
5 months ago
1
5 months ago
Brontosaurus skeleton at the Yale Peabody Museum of Natural History (allegedly) Let’s pretend for a moment that brontosauruses are made up, despite them being accepted by the public and scientific community, having ample evidence for their existence, and appearing in museums all...
Molson Hart's Blog -...
The Fiacracy; A Mental Model for Modern Government This article will explain the following: 1. What is a Fiacracy 2. How do Fiacracies NOT work 3. How...
5 months ago
1
5 months ago
This article will explain the following: 1. What is a Fiacracy 2. How do Fiacracies NOT work 3. How Fiacracies work 4. Are Fiacracies sustainable 5. Why Fiacracies matter 1. What is a fiacracy? It’s government by fiat (money). The driving mechanism by which it works is not...
Molson Hart's Blog -...
15 mental Abilities & Traits Which Make You Successful But Are Not on an IQ Test 1. Empathy 2. Dexterity 3. Persuasion 4. Musicality 5. Confidence 6. Ambition 7. Grit 8....
8 months ago
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8 months ago
1. Empathy 2. Dexterity 3. Persuasion 4. Musicality 5. Confidence 6. Ambition 7. Grit 8. Creativity 9. Flexibility 10. Energy 11. Individualism 12. Willpower 13. Stoicisim 14. Objectivity 15. Allure
Molson Hart's Blog -...
Investment Advice Which Stands the Test of Time There is investment advice in the book of Jewish religious law (the Talmud). It advises that you...
9 months ago
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9 months ago
There is investment advice in the book of Jewish religious law (the Talmud). It advises that you keep 1/3rd of your wealth in business, 1/3rd in land, and 1/3rd in gold. It's genius. Why? First, it's simple. Second, business, and, to a lesser extent, land, (but not gold, usually)...
Molson Hart's Blog -...
Victim of Your Own Success Syndrome Midland, Texas. More oil gets drilled here than anywhere else in the USA. And it’s lucrative....
9 months ago
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9 months ago
Midland, Texas. More oil gets drilled here than anywhere else in the USA. And it’s lucrative. There’s a lot of money to be made. We’re talking about $100,000+ for risky jobs that don’t require a college degree. Okay, but what happens if you have a non-oil business when oil gets...
Molson Hart's Blog -...
What happens if the US loses reserve currency status? A reserve currency is the currency that people all over the world prefer to store their savings...
9 months ago
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9 months ago
A reserve currency is the currency that people all over the world prefer to store their savings in. Today that currency is the US dollar. From the Middle East, to Asia, to South America — Whether it's a family that needs to keep some money around just in case or a country, most...
Molson Hart's Blog -...
THE SLOW, EXCRUCIATING, DISASTEROUS DUMBING DOWN OF AMERICA Austin is a more pleasant place to live than Dallas because people are smarter on average. This does...
a year ago
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a year ago
Austin is a more pleasant place to live than Dallas because people are smarter on average. This does not mean there are not smart people in Dallas. There are. What it does mean is the typical Austinite is just a little sharper. This makes for more pleasant conversations. It’s...
Molson Hart's Blog -...
Why We Shouldn’t “Buy the Dip” “Buying the dip” is buy stocks whenever there is a short-term decline in stock prices, under the...
a year ago
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a year ago
“Buying the dip” is buy stocks whenever there is a short-term decline in stock prices, under the assumption that asset prices will quickly revert, enabling you to make money. This article explains why a government-driven culture of “buying the dip” can be damaging to you and...
Molson Hart's Blog -...
Amazon’s Pricing Policies Promote Inflation The state of California has sued Amazon in what may be the biggest antitrust case for 25 years, when...
a year ago
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a year ago
The state of California has sued Amazon in what may be the biggest antitrust case for 25 years, when 20 states joined the US Department of Justice to sue Microsoft. These cases revolve around whether consumers are harmed by the company’s actions. The case against Amazon focuses...
Molson Hart's Blog -...
Being an Amazon Seller in 2021; Year in Review I’m the founder and CEO of Viahart (est. 2010), an e-commerce focused educational toy company. We...
over a year ago
1
over a year ago
I’m the founder and CEO of Viahart (est. 2010), an e-commerce focused educational toy company. We did $8.8 million in sales in 2021. This article is going to tell you what it was like to run this business in 2021 vs. 2020, amidst threats like the Amazon aggregators, supply chain...
Molson Hart's Blog -...
Is China Taking Over US Retail? Yes. Let me explain. Amazon made it easy for Chinese companies to sell their products directly to...
over a year ago
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over a year ago
Yes. Let me explain. Amazon made it easy for Chinese companies to sell their products directly to American consumers. In response, the Chinese, after having hollowed out American manufacturing, have moved up the value chain to do the same thing to American wholesale and retail....
Molson Hart's Blog -...
Clarifying the Costs of Selling on Various Marketplaces In my piece on e-commerce in 2020, I made a mistake. I wrote "In 2013, Amazon’s expenses as a...
over a year ago
1
over a year ago
In my piece on e-commerce in 2020, I made a mistake. I wrote "In 2013, Amazon’s expenses as a percent of Amazon sales were 33.16%. In 2018, they were 49.70%. In 2020, they were 51.75%." I made a mistake in equating two different calculations. The first calculation is what Amazon...
Molson Hart's Blog -...
Richard the Great This is a eulogy for my father. Its goal is to honor the man for who he was and what he...
over a year ago
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over a year ago
This is a eulogy for my father. Its goal is to honor the man for who he was and what he accomplished, but also to pass on the lessons we can learn from his life. Richard Michael Hart was born on November 1st, 1941 in Porirua, New Zealand. Richard was not so studious. He...
Molson Hart's Blog -...
Being an Amazon Seller in 2020; Year in Review I’m the founder and CEO of Viahart, an educational toy company. We did about $7.4 million in sales...
over a year ago
1
over a year ago
I’m the founder and CEO of Viahart, an educational toy company. We did about $7.4 million in sales in 2020, mostly through e-commerce channels like Amazon and Walmart.com. This article is going to tell you what that was like and how things were different in 2020 than in 2019. To...
Molson Hart's Blog -...
Older Articles I’ve Written In reverse chronological order: Starting a Physical Product Company? You’re Gonna Need a Lawyer...
over a year ago
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over a year ago
In reverse chronological order: Starting a Physical Product Company? You’re Gonna Need a Lawyer (October 18, 2020) The Right to a Nonconsensus Opinion (June 9, 2020) Never Invest in Anything Made of Metal (May 2, 2020) Simple 3 Step Strategy to Stop the Coronavirus in the...