New York City is by far the best city in the world for anything related to connections… (work, dating, etc…)
The options and opportunities here are endless (also can be a bad thing for dating lol)
There’s a reason anyone who lives in a Boston/Philly or other northeast cities want to move to NYC.
The most wealthy and best looking person in Philly is like a normie in NYC.
Lloyd Blankfein. grew up in the projects. became CEO of Goldman Sachs. ran a balance sheet worth hundreds of billions.
when asked what separated the traders who made it from the ones who didn't:
"the difference between somebody who's really really good and somebody who can't make it is not that great."
"you think of a golf tournament and somebody wins by one stroke and there's six people tied for second. that's a very low margin of victory. and a lot of life is like that."
"the difference between a great actor who will get any part in Hollywood and the second best one who may have to wait tables at night."
"imagine the unfortunate person who's the best athlete his high school ever produced. gets a minor league baseball contract. and from the minor leagues, something like 2% eventually make a living."
"you get into very rarefied air when you're talking about people who are the best at what they do, where the market only rewards people who are in the 0.01%."
this applies to trading. the gap between a profitable trader and someone who blows up isn't some massive talent difference. it's a handful of small decisions compounded over years, position sizing, validation rigor, patience during drawdowns.
Andrew Tate reveals why teenage boys are gambling everything on crypto
"When I was 16, I didn't know Dubai existed. I'd never seen Monte Carlo. I'd never seen a Lambo. I didn't know people had yachts. I didn't know you could fly private. These things were not even in my brain on any level."
"Now you're 16. You're talking to the girl in school who you like. She's talking to a hedge fund manager. You need a Lambo and disposable income pronto, or you can't get chicks anymore."
"You're 19 going 28. I need a Lamborghini. I need this now. I've got a thousand dollars. If I gamble it, maybe I'll get rich. I'll probably lose it. But a thousand is basically zero anyway, because no girl wants to talk to me anyway."
Not often you get the chance to out-save others by having a higher quality of life
Current residential housing market actually allows that. You can live in a way nicer house & still save more $$ if you rent
Usually have to save money by lowering quality of life. Take advantage
Annual real returns 1928-2025:
Stocks (S&P 500) +7.0%
Bonds (10 Yr Treasuries) +1.5%
Cash (3 Month T-bills) +0.3%
Does cash count as a bond substitute for fixed income?
Some thoughts:
https://t.co/PfzrJqVWDv
Finally people are catching on, you can't scrimp your way out of the hole
Have to generate revenue and build something
No other way. Luckily the boomers have zero clue on how to use AI or make a good website. Easy pickings
Somewhere down the road you realize that playing the long game turns into playing the easy game. Take the “long term or nothing” approach and watch how much easier the game of life becomes
More money is truly more freedom: as long as you don’t attach to it, spend 100% of your time on it, or pursue it primarily to get the masses to love you. If you’re unattached enough to be ok losing it all, still have free time for family, and aren’t doing it just for views, you’re all good.
SpaceX hit $3 trillion market cap today.
This means Elon Musk made more money in the last 24 hours than Warren Buffett made in his entire lifetime.
Insane.
SBLOC rates are so low if you have a heavy portfolio. Probably one of the reasons why NPCs keep yapping about mortgage rates
Doesn't matter when you can get a better deal elsewhere.
Yep you have a good 20 years to operate like this. The irony is if you make it, you end up operating exactly the same
Barely enough cash flow to just cover living expense, rest is just equity/upside no matter what
The most expensive place to live in America is the middle class...
- Too rich for financial aid
- Too poor for real freedom
- Too comfortable to escape
This is the class crisis no one is talking about:
Ur gonna have stress with a normal job wondering if you’ll get fired or age out. Gonna have stress running a side biz. Gonna have stress running a big biz. Emotionally the stress ALL FEELS THE SAME. Ergo, make sure you have the biggest upside possible for those sleepless nights.
People ask me if ill be happy when my legal problems are over and I explain that if they dissapear ill stress over the gardener being late.
Your biggest problem is your biggest problem no matter how small it is.
Your womans gona moan no matter how nice you are.
You mayaswell max out - fight the gov, make 100s of Ms, have 20 kids by 6 women and be a legend.