Elon Musk is now nearly $1 trillion ahead of the second-richest person in the world.
Whatever you think of him, that gap says a lot about this market.
Capital is crowding into a very small group of people and companies believed to own the future.
Trump hired Kevin Warsh to cut rates.
He may be about to do the opposite, or even remove the tools you'd use to see it coming.
If your portfolio runs on cheap money, you'll feel this before you understand it.
Full breakdown 👇
https://t.co/6OKCKV7VLf
Getting close to Warsh’s first #FOMC.
Rates will get the headlines, but the balance sheet might be the real story.
He has repeatedly called the Fed’s footprint bloated and argued for lower levels. If that becomes policy direction, QT is back at the center of the macro debate.
If your purpose is to make a lot of money (particularly due to insecurity) the second you make it you will lose your purpose.
You will then seek to numb yourself via indulgence and ego.
It’s a bad place my dude. It’s essentially just trying to put off the pain of existing.
You see this a lot in crypto.
But if your purpose is to be great, making money is a side effect of the never ending game of being the best happiest always improving you.
Existing is pain. Excelling towards something is absolutely critical because you have something to look forward to and a new adventure.
Nothing more is worse than winning the game of money while still being at level 1 as a man.
Pic 1: 26. Fat. Drinking. Trying to look wealthy. Networth multi 7 figs. Pansy.
Pic 2: Almost 36. Clean. Engaged. Nearing multi 9 figure networth. Jiu Jitsu blue belt. Wearing Amazon clothes.
Self control and discipline leads to life getting so much better as you age, not worse.