Thought provoking
"It is rarely a mysterious technique that drives us to the top, but rather a profound mastery of what may well be a basic skill set."
âJosh Waitzkin
Mastery of basics, not secret techniques, makes legends.
Look at Roger Gracie's BJJ dominanceâleverage and positioning. Jiro Ono'... See more
Whatâs Missing Says More: The Semiotics of Omission
We spend our lives surrounded by signals. Most of them are obviousâwhat someone says, what they wear, the metrics a company puts in a slide deck. But some of the most telling information comes not from whatâs there, but from whatâs missing.
A woman on a dating app with only headshots is probably sig... See more
We spend our lives surrounded by signals. Most of them are obviousâwhat someone says, what they wear, the metrics a company puts in a slide deck. But some of the most telling information comes not from whatâs there, but from whatâs missing.
A woman on a dating app with only headshots is probably sig... See more
Whatâs Missing Says More
complexity first, simplicity second
people say âkeep it simple,â but most approach it backwards. they start from simple, then add on complexity without seeing the whole. thatâs how you end up with frankenstein products: clean-looking components awkwardly stitched together, held in place by duct tape and wishful thinking... See more
ryolu_x.comI have held $spx and $giga since last year as I noticed their cult power early on. I have pulled beautiful profits from them. I hold a little $sigma as well because it also has a strong cult but I am hopeful sigma catches on in Marketcap later on.
Now my point is, you need to be an active participator in the market reg... See more
Mr Wallerx.comUnderneath the expansive sky of behavior, on the broad terrain of traditional finance, there are three paths toward making skillful investment decisions: Choosing the right markets, choosing the right components within those markets, and choosing the right times to enter and exit those markets. In wonkier terms, these are known as asset allocation,
... See moreBrian Portnoy ⢠The Geometry of Wealth
âspeculators should learn to take losses quickly and let their profits runââtactics
Gregory Zuckerman ⢠The Man Who Solved the Market
When you keep forecasting that simple, you free up time and bandwidth for other activities. I like studying the investing behaviors that never change, and Iâd never have the time to do that if I spent my day predicting what the economy will do next quarter.
Morgan Housel ⢠Same as Ever: Timeless Lessons on Risk, Opportunity and Living a Good Life
Hereâs the thing about speculation: Realized gains feel like penalties when theyâre interpreted as missed opportunities. Walking away with a great 10x return will make you feel terrible if that came at the expense of a future 100x return. If the top turned out to be much further out than you thought, then you canât help but to be unhappy with the g... See more