David Lewis | The Rogue Agent

Life insurance agent & advisor | Alt-investor | Author | Owner @ Monegenix | Tweets ≠ financial advice

[David Lewis | The Rogue Agent @TheRogueAgent]

Insurance is a hedge against uncertainty. Basic term life insurance is a hedge against the uncertainty of death—*when* you are going to die. Whole life insurance is a hedge against the uncertainty of death *and also* a hedge against a multitude of *other* financial uncertainties—how much money you’ll be able to save in the future, access to credit, physical or cognitive disability in old age, etc.

If you have no uncertainties in your life, or don’t value the conversion of uncertainty to certainty via insurance, then don’t buy it.

[David Lewis | The Rogue Agent @TheRogueAgent]

@HermesLux Lower

[David Lewis | The Rogue Agent @TheRogueAgent]

@BowTiedBull … but I don’t have a sister/daughter.

😅

[David Lewis | The Rogue Agent @TheRogueAgent]

The beat is mad dope, but everything has a cycle—including MSTR and BTC. Life would be easier if one just ignored corporate cheerleading and focused on price as an objective fact, and management’s actions as the fundamental driver of the common share price over time

[Michael Saylor @saylor]

Let me recap the earnings call. $MSTR

[David Lewis | The Rogue Agent @TheRogueAgent]

@HermesLux Send. It. Lower.

[David Lewis | The Rogue Agent @TheRogueAgent]

@HermesLux The pain is not almost over

[David Lewis | The Rogue Agent @TheRogueAgent]

@Mappy6984 The eyes

[David Lewis | The Rogue Agent @TheRogueAgent]

@Emannytheory @BowTiedEffer Unless it’s MoO haha

[David Lewis | The Rogue Agent @TheRogueAgent]

@Emannytheory @BowTiedEffer I think the bottom line is… try it and let’s just observe what the carriers do. Whether you think “technically” something is or is not something… let’s just see how it plays out. I’m pretty sure I know how this one plays out. You want odds?

[David Lewis | The Rogue Agent @TheRogueAgent]

Just play the inverse Peter Schiff, and you’ll be fine

[Pius the Banker @PiusSprenger]

On days like today, it’s worth remembering that Bitcoin has been going to ZERO for the past 17 years.

[Reddit Lies @reddit_lies]

I have a strong feeling that GLP-1s going mainstream is going to absolutely mog feminism.

[David Lewis | The Rogue Agent @TheRogueAgent]

@BowTiedEffer Reminds me of the marketers who used to pitch STOLI as a way to “get rich quick” by buying policies on old people and waiting for them to die

[David Lewis | The Rogue Agent @TheRogueAgent]

@HermesLux $60,000

[David Lewis | The Rogue Agent @TheRogueAgent]

@BowTiedBull But… I *have* seen 30 yr olds who look 60. Almost like winning the lottery, except where you lose the money instead of getting a big fat check

[David Lewis | The Rogue Agent @TheRogueAgent]

@HistorianUSA1 I wish he was joking but something tells me he’s not.

[David Lewis | The Rogue Agent @TheRogueAgent]

Uh… no. Fam is not getting a checky check. Fam is getting a denial letter, refund of premiums under policy exclusion, and can then participate in the investigation. With any luck, fam will avoid criminal insurance fraud charges

[DocumentingLibs @HistorianUSA1]

😂💀 Insurance agent just casually dropped the most HOOD financial advice of all time:

“If you got a kid who likes to shoot people, bar folks, or stay in crazy situations… put ’em in a $100k life insurance policy for $25 a month. They get clapped THIS weekend? You getting a check, fam.”

This man said “be prepared… for the streets”

😭 Bro turned drive-bys into passive income.

[David Lewis | The Rogue Agent @TheRogueAgent]

STRC is fragile relative to real credit instruments. The people who own credit don’t want “digital credit” (AKA equity) that loses principal. The credit buyers own credit because the principal is guaranteed. STRC has no principal guarantee and no maturity. Both are risks to credit buyers. It has to be layered into another product for them to want it.

[David Lewis | The Rogue Agent @TheRogueAgent]

Solution was 20 years ago when that one friend or rogue advisor said “don’t stuff too much (or any) money into retirement plans”, and everyone laughed and mocked him.

Instead of laughing and mocking, the solution was to listen and understand. Second best solution is… spend some time figuring out how to unfuck yourself before it happens

[David Lewis | The Rogue Agent @TheRogueAgent]

@KennyCarmody #3 shows even resistors were subject to social metaphysics. They didn’t necessarily resist out of intrinsic motivation or independence and autonomy. They just switched who they were following or aligned with.

[David Lewis | The Rogue Agent @TheRogueAgent]

Reason # 46389 I don’t do index funds. Being passive is risky…

[Stats @punk9059]

It is hard to downplay the wealth transfer and liquidity event upcoming with the SpaceX IPO.

The rules were changed specifically for SpaceX to be included in the major indices before profitability and before extended public trading.

That means nearly half of all early SpaceX shares will be required to be bought by passive index funds (think QQQ, VOO, SPY, VTI).

The holders of these funds (401Ks, ETF holders, savers) will be auto-buying the SpaceX float, teeing up exit liquidity for Silicon Valley and Elon-adjacent insiders who own the majority of SpaceX shares and will be able to sell after 3 months.

This will be a major, major event for widening the already extreme wealth gap between insiders/elites and the rest of the world.

[David Lewis | The Rogue Agent @TheRogueAgent]

😅🤦🏽

[Boring_Business @BoringBiz_]

Virgin Galactic stock is currently +165% over the past month because Redditors on WallStreetBets are confusing the ticker $SPCE with Space X ticker $SPCX

Thats how dumb the market is right now