Another millennial thread...

[tower912]

Just flew for 7 hours over the atlantic, my seat mate, a millennial, said, "hi".

That is so cool.   Insanely jealous.   I hope you enjoyed the peace and tranquility and used the time to rest and ponder life's big questions.     

[vogue65]

That is so cool.   Insanely jealous.   I hope you enjoyed the peace and tranquility and used the time to rest and ponder life's big questions.   

He spent 7 hours playing video games and he was in his early 20's.  My wife speaks Italian, I don't, all I do is eat real food without additives, ponder life's big questions and listen to the bell's tolling.

[4everwarriors]

Just flew for 7 hours over the atlantic, my seat mate, a millennial, said, "hi".

Consider yoself lucky, hey?

[Benny B]

He spent 7 hours playing video games and he was in his early 20's.  My wife speaks Italian, I don't, all I do is eat real food without additives, ponder life's big questions and listen to the bell's tolling.

We're the video games in Italian?  If so, does Mario speak with a heavy English accent in the Italian version?

[jesmu84]

Very stressed apparently

Slow WiFi and broken phones, having to sit in traffic

https://www.studyfinds.org/survey-millennials-life-more-stressful-than-ever-before/

You mock. But life is tough out there.

https://www.barstoolsports.com/barstoolu/sorority-sisters-raise-money-for-poor-friend-to-upgrade-to-coachella-vip-passes

[Cheeks]

You mock. But life is tough out there.

https://www.barstoolsports.com/barstoolu/sorority-sisters-raise-money-for-poor-friend-to-upgrade-to-coachella-vip-passes

LOL.  Thanks for sharing. 

[TSmith34, Inc.]

Nice crossover between the generational thread, the Kap/Nike thread, and the investing thread.

https://www.bloomberg.com/news/articles/2019-04-05/what-s-gen-z-and-how-can-you-invest-cannabis-influencers-key


Investors’ Guide to Gen Z: Weed, Social Justice and Kylie Jenner

<snip>

Apparel brands looking to connect with younger shoppers have tried embracing edgier brand ambassadors, a departure from the days when consumer companies went to great pains to avoid politics. That's because Gen Z actually wants corporations to take a stand on issues, with 40 percent saying they’d pay more for a product if they knew the company was promoting gender equality issues and 42 percent for racial justice initiatives.

Nike understands. Last year, it released an ad featuring Colin Kaepernick, and while the inclusion of the controversial quarterback-turned-activist initially spooked investors, the shares have since rebounded. And there are indications that ads have helped boost sales.

[warriorchick]

Breaking news:  Maslow's Hierarchy has been updated:

[TSmith34, Inc.]

Ha ha, excellent.

[Galway Eagle]

Breaking news:  Maslow's Hierarchy has been updated:

To be fair this is something that is for everyone, not just gen y and gen z. Heck last summer I had to tell my mom to stop texting during a wedding ceremony.

[JWags85]

To be fair this is something that is for everyone, not just gen y and gen z. Heck last summer I had to tell my mom to stop texting during a wedding ceremony.

Exactly, its funny to see phone obsession be chalked up to a millennial thing when they certainly aren't the ones posting endless mobile updates to Facebook and charging stations in public areas/restaurants/airports/etc... are certainly not catering to a singular age demo.

Can also guarantee that when you heard a phone beeping or ringing in a quiet area where it should be not, odds are its not a millennial or younger.

[Benny B]

Exactly, its funny to see phone obsession be chalked up to a millennial thing when they certainly aren't the ones posting endless mobile updates to Facebook and charging stations in public areas/restaurants/airports/etc... are certainly not catering to a singular age demo.

Can also guarantee that when you heard a phone beeping or ringing in a quiet area where it should be not, odds are its not a millennial or younger.

To what extent is the mirroring of Millennial "interests/obsessions" by older generations potentially the result of the "middle-age crisis" or related phenomenon? 

In other words, to what extent is a 50 year-old's Facebook/Instagram obsession being triggered as a coping mechanism vs. being an actual interest?  When I used to hang out at Aladdin's Castle in my teens, I never recall seeing anyone in there over 30... but walk into a Starbucks, and half the people in there hashtagging are just a few years away from being hooked up to a catheter.

[Coleman]

To be fair this is something that is for everyone, not just gen y and gen z. Heck last summer I had to tell my mom to stop texting during a wedding ceremony.

Yeah my mom is on Facebook wayyyyy more than I am. I actually think the peak demographic for activity (not necessarily members, just those who are on like every day) is ages 40-60, conservative males and suburban moms (at least in the USA)

[MU82]

Nike understands. Last year, it released an ad featuring Colin Kaepernick, and while the inclusion of the controversial quarterback-turned-activist initially spooked investors, the shares have since rebounded. And there are indications that ads have helped boost sales.

This was an example of two things in investing:

1. Noise. As is almost always the case, it's best ignored.

2. An investing opportunity. Thanks to those who couldn't ignore noise, the price was temporarily driven down by knee-jerk yahoos spooked by the relative small number of angry consumers screaming, "I'll never buy another Nike product!"

[StillAWarrior]

...spooked by the relative small number of angry consumers screaming, "I'll never buy another Nike product!"

Who, six months later, quietly replaced the Nike shoes they had burned in protest, thus boosting Nike’s sales.

[D'Lo Brown]

To what extent is the mirroring of Millennial "interests/obsessions" by older generations potentially the result of the "middle-age crisis" or related phenomenon? 

In other words, to what extent is a 50 year-old's Facebook/Instagram obsession being triggered as a coping mechanism vs. being an actual interest?  When I used to hang out at Aladdin's Castle in my teens, I never recall seeing anyone in there over 30... but walk into a Starbucks, and half the people in there hashtagging are just a few years away from being hooked up to a catheter.

IMO. The universality of the connected lifestyle is the primary culprit. We are only still a matter of years into most citizens having access to high speed internet and optimized content on their smartphones - a device through which a person consumes most of their advertising and learns most about what interest them. The lifestyle of a typical elderly person used to be quite different than their younger counterparts, and now, not as much. I wouldn't say it has to do with a lust for "mellenial lifestyle".

All of the primary tech players research and invest heavily across all age demographics. This wasn't always the case as computer literacy used to be highly focused among younger people.

[tower912]

Who, six months later, quietly replaced the Nike shoes they had burned in protest, thus boosting Nike’s sales.

Or, in my case, made Nike the first place I looked when I needed new shoes/polo/etc before moving on to other places if I couldn't find what I wanted through Nike.   Just to tick off the people I knew it would tick off. 

[JWags85]

IMO. The universality of the connected lifestyle is the primary culprit. We are only still a matter of years into most citizens having access to high speed internet and optimized content on their smartphones - a device through which a person consumes most of their advertising and learns most about what interest them. The lifestyle of a typical elderly person used to be quite different than their younger counterparts, and now, not as much. I wouldn't say it has to do with a lust for "mellenial lifestyle".

All of the primary tech players research and invest heavily across all age demographics. This wasn't always the case as computer literacy used to be highly focused among younger people.

I actually agree with this a lot.  Younger people/millennials are always the early adopters, so it became a hallmark of their age group.  But as technology, connectivity, smartphone power grew more commonplace, adoption of those devices and similar habits expanded rapidly.

My 90 year old Grandmother used both a smartphone and an iPad for any number of activities and is quite attached to both.  I can assure you it has nothing to do with lusting for a younger lifestyle.

[Cheeks]

Or, in my case, made Nike the first place I looked when I needed new shoes/polo/etc before moving on to other places if I couldn't find what I wanted through Nike.   Just to tick off the people I knew it would tick off.

I love their child sweat labor workforce....that’s why I go to Nike first.....teal not necessary