What is going on, everybody? Welcome back to the Mind Over Macros podcast. As always, I am your host, Mike Milner.

And first and foremost, happy holidays. Merry Christmas if you celebrate. I usually stick with a happy

holidays as a general, all-encompassing greeting during this time of year because there are many holidays and

I think that's just a nice way to be inclusive of all the holidays, including New Year's,

which is right around the corner. We're a week away from 2025, which is wild, but this episode

is actually coming out on Christmas Day.

So if you are somebody who celebrates Christmas, I hope you have a wonderful holiday.

And as always, holidays, plural, hope you have the most amazing holiday season or are having

the most amazing holiday season.

And that's really the context of this episode is going to be around heading into the new year

and setting yourself up for success.

I'm not going to go into kind of like the typical New Year, New You type of nonsense,

because I don't really buy into that.

The research is kind of interesting, though,

where we have this horrible failure rate when it comes to resolutions, like eight or nine percent

of resolutions succeed, according to a study that was done at Scranton University, which is one of the best

studies that's been done on resolutions in general.

And they came to the conclusion that about 8 or 9% will succeed.

That's 90 plus percent failure rate if you're keeping track at home.

However, we know that goals set at the new year, like New Year's resolution, goals are actually more likely to succeed than goals set

at other times of the year. So it's kind of this weird thing where I guess the bottom line is we just really suck

at accomplishing our goals in general, which isn't great. But I think the main reason, and that's

...