Step 1 is get a 200k/year consulting job.

Step 2 is don’t lose it on crypto and 0DTE options

Step 3 is become interested in macro economics, spend a decade reading books and in your free time watch YouTube videos of people discussing current macro trends.

Step 4 apply critical thinking

Example: Peter Schiff recently said Walmart shoppers are putting more stuff on credit cards. From point of sale register data.

And he interpreted that to mean Walmart shoppers are going into debt to buy food.

I interpret it differently. Walmart has said they are stealing market share from Target as people downgrade their lifestyle. Well, target customers have more rewards credit cards than Walmart shoppers. So if Walmart experiences a transition where they get 20% more customers from Target, I’d expect 20% more credit card to debit card sales. Since the poor legacy Walmart customers are the ones with fucked credit who must use debit cards and not earn cash back rewards.

I can’t do anything with this piece of data, just mention it to use critical thinking and interpret things differently than the experts.