$MSTR - STRATEGY'S BITCOIN U-TURN:WSJ
For years, Michael Saylor urged investors to never sell bitcoin—famously saying, “Sell a kidney if you must, but keep the bitcoin.” Now, his company, Strategy, is preparing to sell part of its bitcoin holdings to remain solvent. The irony is hard to miss: Saylor still appears to have both kidneys.
END OF THE MONTH REMINDER FOR TRADERS!
Every single trader you see on here posting their big months and big wins is subject to selection bias. Most of the traders who underperformed or lost money are invisible.
Much of the PNL that gets posted comes from a position of insecurity, seeking the affirmation of others. For most of them, you do not see their losses or their struggles. You do not see their PNL on the bad months. I know from behind the curtain, many of even the most respected traders fall victim to this. This dynamic is part of the toxicity of social media and the comparison game.
This reminder is to focus on your own game. Become your best self. And that there is a whole lot more to life when you step away from the screens. PNL should not define you. Get outdoors, spend time with others, and give back. Remember how lucky you are to be pursuing an incredible job, but also remember that once you step off the field, this game doesn’t matter at all.