The only person who should be able to offend you, is you. Because you’re the only one who really knows you. Everyone else is shouting at a character they made up in their head with 99% filled in with projections from their own life.
Nassim Taleb: the richest man in the Roman Empire woke up every morning pretending he was poor.
Seneca had more to lose than to gain from his wealth - so he rehearsed losing it. Every so often he'd live on bread and water as if shipwrecked, just to make the downside familiar and harmless.
That's the whole game, Taleb says: arrange your life so you have far more upside than downside - then randomness stops scaring you.
"Make more when you're right than you lose when you're wrong - that's antifragile."
"Always keep more upside than downside from random events."
"The Stoics aren't unmoved by the world - only by bad events."
~70 min, free. the oldest trick for surviving a world you can't predict ↓
My favorite @elonmusk quote that I often send friends:
Do not fear losing. “You will lose,” Musk says. “It will hurt the first fifty times. When you get used to losing, you will play each game with less emotion.” You will be more fearless, take more risks.
Nassim Taleb sat down with Daniel Kahneman - two of the sharpest minds on risk ever - and the takeaway was blunt: stop trying to be smart
Kahneman's prospect theory explains why almost nobody can do what Taleb does
We're wired to hate the steady trickle of small losses his strategy needs - even when one huge win more than pays for all of them
So you structure it the other way: tiny safe bets plus a few wild ones, never the comfortable middle.
"You'd rather be antifragile than intelligent - any time."
"Trial and error is really just trial with small error."
"Make your gains in small bites. Take your losses all at once."
~1 hr, free. two legends on risk, prediction, and how to win without forecasting ↓
Since most of my timeline is just predications and shit-posting...
I wanted to give you a valuable process you can use for days like Friday
Post Sell-Off Market Reset Plan:
A large down day often changes the market's character.
Breakouts fail, leadership rotates, support levels break, and many charts that looked attractive a few days ago are no longer actionable.
The goal after a large market sell-off is not to immediately find new trades.
The goal is to identify what held up best, remove what is no longer working, and rebuild a watchlist around the new leaders.
Step 1: Accept That the Market Has Changed
After a significant down day, assume that some of your previous watchlist is no longer relevant.
Many stocks will:
-Break key moving averages
-Lose momentum
-Trigger stops
-Require weeks to rebuild proper bases
Avoid forcing old ideas simply because they were on your watchlist before the sell-off.
The market does not care about yesterday's focus list.
Step 2: Clear Out Weak Charts
Review every stock on your watchlist and ask:
-Did it break key support?
-Did it lose the key moving averages?
-Did volume expand on the breakdown?
-Is the chart now damaged?
If the answer is yes, remove it.
A smaller list of quality setups is more valuable than a large list filled with broken charts.
Step 3: Scan for Relative Strength
The most important task after a large down day is finding stocks that resisted the decline.
Look for names that:
-Held up well relative to market weakness
-Closed near the middle of the candle range
-Held above key moving averages
-Refused to break support
These stocks often become future leaders once the market stabilizes.
When institutions continue buying during market weakness, that information matters.
Step 4: Re-Evaluate Themes and Sectors
Leadership often changes after corrections.
Ask:
-Which sectors held up best?
-Which themes continue attracting volume?
-Where is money flowing despite market weakness?
Focus on the strongest sectors first, then identify the strongest stocks within those sectors.
Strong themes produce strong leaders.
Step 5: Build a Fresh Watchlist
Create three categories:
Tier 1 – Relative Strength Leaders
Stocks that held up exceptionally well during the sell-off.
Tier 2 – High Quality Pullbacks
Strong trends that experienced healthy pullbacks into support.
Tier 3 – Rebuild Candidates
Stocks that were damaged but may become actionable again after forming new bases.
Prioritize Tier 1 names.
Step 6: Let the Market Prove Itself
Do not assume the first bounce is the bottom.
Allow:
-Support levels to hold
-Breakouts to follow through
-Volume to confirm
-Market indexes to stabilize
The best opportunities usually appear after the initial panic, not during it.
Step 7: Reduce Aggression Until Conditions Improve
After a large sell-off:
-Trade smaller
-Be more selective
-Demand stronger confirmation
-Focus on execution over P&L
Market conditions determine aggressiveness.
When conditions improve, exposure can increase naturally.
Key Question Every Night
Instead of asking:
"What can I buy tomorrow?"
Ask:
"What stocks are proving they deserve a spot on my watchlist?"
The stocks that continue showing relative strength during market weakness are often the same stocks that lead the next advance.
I researched human happiness for three years while working on my first book. One thing I learned was that happiness was really about attention. The happiest people didn't have perfect lives. But the imperfections were never their focus. They found joy in ordinary days. Gratitude in small moments. Meaning in simple things. Happiness is about attention, not perfection.
Coming back from the dead is arguably one of if not the very best masculine experiences for confidence
I have spoken to some very high level operators who have been destroyed and zero'd out in their mid thirties by bankruptcy, divorce getting ugly and a multitude of other things and those individuals who eat those shots and came back to the arena swinging and rebuilt themselves from basically nothing; everyone of those motherfuckers has that untouchable it factor swagger and its so potent
Those moments where you're down and out, took a risk which was 95% of NW; got clipped and now you barely have money for rent without hopping on uber for 30 hours a week for the next 4 weeks, or maybe you even go into heavy debt and get clipped
Those are the moments that forge the spirit and make the man in complete totality, if a man can connect to his vision for himself and revive from those angles from the dead he will know a strength and a power like no other
Fear is such a neurotic mistress, its so easy to be consumed by fear when everything is going perfectly and it can paralyse you even when things are great, but then once you get destroyed into the dirt and all your nightmares are at the door, all of them have transformed and become real now it is strangely at this very point when they have no power over you, the point where you're in the most danger you care the very least as you have gained strength from engaging and welcoming your shadows, once you welcome something and you are truly not bothered by it; you swallow its soul and it animates you into correct posture and life force and you can utilise that as an additional limb of some sort
It's never getting decimated that really deconstructs men, you will always live in a glass house afraid of the wind when you have never realised you can survive the coldest nights and its genuinely that realisation that is the foundation of becoming and growing beyond who you actually are
Unless you fail truly at some point, you will never develop the courage to be who you truly could be, as the protection of your little ego will prevent you from truly taking on the almighty behemoth challenges
Failing brutally atleast once destroys your ego and liberates you, it almost acts as an additional health bar
Always the dudes who have done the least who are the most stressed and the men who are the most calm who have been in the war the longest
Otherwise you will live to protect your illusions forever
We can't ignore the timeless principle of relative strength. I was reviewing this week pullback price action of the top 100 stocks by YTD percentage gain on @Barchart, and the results are incredible how some do not even revisit their 10-MA,while most don't violate their 20-MA.
Top 100 Stocks
https://t.co/ptxVQdIXkP
What is a LEAP and how does it work?
A LEAP is a long-term call option with an expiration of one year or more.
It gives you the right to buy 100 shares of a stock at a set price (strike) anytime before expiration.
I'll walk you through an example:
You could buy 100 shares of $PLTR right now for $15,282.
Or you could buy the $150 call expiring January 2028 for roughly $50.00.
That's $5,000 for leveraged exposure to 100 shares of Palantir - 19 months out - for about 67% less capital.
Breakeven: $200.00
Why the setup is interesting:
- Q1 revenue $1.63B, up 85% YoY - strongest quarter as a public company
- U.S. Commercial revenue up 133% YoY, fastest growing segment
- Full-year 2026 guidance raised to $7.65B (71% growth), crushing the $7.27B consensus
- $10B U.S. Army enterprise agreement over a decade
- NATO acquired Palantir's Maven Smart System for allied operations
- Remaining deal value of $11.8B, up 98% YoY
- 88% gross margins, 60% operating margins, Rule of 40 score of 145%
If $PLTR hits $225 by expiration, the LEAP returns roughly 50% vs 47% on shares.
If $PLTR hits $250, the LEAP returns roughly 100% vs 64% on shares.
If $PLTR hits $300, the LEAP returns roughly 200% vs 96% on shares.
The max you can lose on a LEAP is the entire premium you paid. At ~$50/contract, that's a meaningful amount of capital at risk. If $PLTR drops or stays flat, this contract loses value every day.
The valuation is steep - roughly 80x forward earnings. This is a high-conviction play, not a casual position.
Not financial advice. I share these for education.
To find stocks with Elite Relative Strength (RS), you need a systematic scanning process. True market leaders show their strength by making new highs before the major indexes (like the S&P 500 or Nasdaq) or by holding firm when the broader market is correcting.
Here is a step-by-step blueprint to find high-RS stocks using standard scanning tools (like MarketSurge, TradingView, or StockCharts):
1. The Raw Relative Strength Scan (The Baseline)
If you are using a platform that calculates a proprietary RS Rating (like IBD/MarketSurge, which ranks stocks from 1 to 99 based on price performance over the last year), your starting point is simple:
Filter for RS Rating $\ge$ 90: This immediately eliminates 90% of the market, leaving you only with the top 10% of performance.
Filter for RS Rating $\ge$ 95: Use this during a market correction to find the absolute elite tier.
2. Visual RS Scans (The "Line in the Sand")
If you don't have access to 1-99 ratings, you can use the RS Line (which plots the stock's price divided by the S&P 500 index price). Look for these specific visual behaviors:
RS New High Before Price
This is one of the most powerful leading indicators in technical analysis.
The Setup: The stock price is still consolidating or pulling back below its recent peak, but the RS Line has already broken out to a clear new lifetime or 52-week high.
What it means: Institutional accumulation is silently aggressive. Big money is absorbing every share available while the general market is distracted.
Blue Dot Scans (MarketSurge / Custom Scripts)
A "Blue Dot" occurs when a stock's RS line hits a new 52-week high while the stock itself is still in a base or consolidation pattern.
If you use TradingView or ThinkOrSwim, you can search for community scripts called "RS Line New High Before Price" or "IBD RS Blue Dot" to plot this automatically on your charts.
3. Market Correction Scans (The "Resilience" Test)
The absolute best time to find true RS is when the market index ($SPY or $QQQ) is actively falling. When the tide goes out, you see who is swimming with a rocket booster.
Run a scan with these parameters during a market pullback:
Price: Stock is trading above its rising 8-week EMA (or 21-day EMA).
Index Comparison: The S&P 500 is trading below its 21-day or 50-day moving average.
Performance: Stock is within 10% of its 52-week highs, while the index is down 5% to 10%+ from its highs.
4. Combining RS with Volume Signatures
High RS on low volume can be a trap. To ensure the relative strength is backed by institutional footprint, layer your RS scans with volume filters:
RS > 90 + HV1 (Highest Volume in 1 Year) within the last 5-10 days.
RS > 90 + HVE (Highest Volume Ever) on a recent PEG (Power Earnings Gap).
A Quick Example Checklist:
If the market sells off 300 points, look for the stock that finishes the day positive or completely flat on above-average volume. Put that ticker at the top of your watchlist it is your primary candidate for an Inside Day contraction or an Under-Cut and Rally (U/C) setup the moment the market stabilizes.
From Awareness by Anthony De Mello:
"When the archer shoots for no particular prize, he has all his skills; when he shoots to win a brass buckle, he is already nervous; when he shoots for a gold prize, he goes blind, sees two targets, and is out of his mind.
His skill has not changed? But the prize divided him. He cares! He thinks more of winning than of shooting, and the need to win drains him of power."
Action feeds and strengthens confidence; inaction in all forms feeds fear. To fight fear, act. To increase fear—wait, put off, postpone.
– David J. Schwartz
If you run a full bottleneck analysis in your life and actually get to the bottom of the thing (no matter how many layers deep) - the last bottleneck/domino will always be an emotion you're resisting. That's it. That's how funny and wonderful the actual human condition is.
Nobody tells you this: Dopamine from information gathering is a dangerous drug. It's the dopamine from reading, planning, or learning, but never doing. Stop looking for more information and start acting on the information you already have. Get your dopamine from action.