You can only see yourself in the limited experience you presently hold.
Do not allow this natural limitation to derail your pursuit of excellence.
You can't imagine the power you will wield in due time...
Trust & submit to the process.
Elon Musk illustrates my #FooledbyRandomness point: solid financial success is largely the result of skills, hard work, and wisdom. But wild success (in the far tail) is more likely to be the result of reckless betting, extreme luck, & the opposite of wisdom: folly.
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So Ive been saying- extreme crowded short ¥ trade can self-trigger a potentially vicious short cover for no other reason than 1-sided positioning
Then causes 🇯🇵 UST buyers who are super underweight to rush & lock in yields near 3%
Then ppl buy b/c ppl buy
& attribute to SNAP
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The biggest story that no one is talking about ... the incredible pressure building in the Japanese Government Bond (JGB) and currency markets.
What happens if it blows up?
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@acrossthespread@AitkenAdvisors@RaoulGMI@JulianMI2
IT'S A TRAP!!! (says BofA).
VIX has been falling while stress in the bond market is building. BofA: this is one of the biggest ever gaps. The last time this happened, the S&P 500 fell 7% over the next 6 weeks.