Arno

flaneur

[Arno @burryx12]

"Behind it all is surely an idea so simple, so beautiful, that when we grasp it - in a decade, a century, or a millennium - we will all say to each other, how could it have been otherwise?"

- John Archibald Wheeler, Annals of the New York Academy of sciences (1986)

[Arno @burryx12]

@FundamentEdge Off topic, but how would you run a profitability mapping/ cost optimization assessment for a firm gearing up for an IPO and is considering an overhaul of their operating model? Would love your insight here

[sysls @systematicls]

https://t.co/BN90mYPkGF

[Sympractical @sympractical]

Marshall McLuhan, Understanding Media

[Elliot Napier @talkingaboutax]

Billionaires, oligarchs, and other uber-rich elites use offshore financial systems to hide their assets and identities.

A recent study from 65 countries found three distinct patterns of how they do this: (1/16)

[Luke Drago @luke_drago_]

When states discover oil, they’re hit with the resource curse — incentivizing them to stop investing in people. When we achieve AGI, we’ll face the intelligence curse:

[Arno @burryx12]

@fabervaaleeng How did you actually refine your edge using AI? Would love your insight here.

[Arno @burryx12]

@MotasemTwait @RektProof @follis_ Can you perhaps dm me a link to this please?

[Arno @burryx12]

@Mindset_BTC morning mate, hope you're well. apologies for this impromptu reach out but just thought I'd ask, I noticed the OG Mindjacked youtube channel isnt showing up when I search for it. Any reason for that?

[Arno @burryx12]

@blue_clarity If you were to learn Web3/DeFi from the beginning how/where would you start?

[Arno @burryx12]

@TraderMick_ @spicyofc Same boat here man. Collecting that data is my major pain point at the moment. With so many constraints to apply on a backtest, which ones are actually worth considering? Would be great to get some insight

[Arno @burryx12]

@xznk42 @RektProof Doesn’t the deviation below the old (first) range low invalidate the setup according to the model? Might just be looking into it too much but would love your two cents. Thanks!

[Arno @burryx12]

@NICKYN00DL3S @sdav1986 @prometheusmacro Thanks! appreciate it. I’ll be sure to check them all out

[Arno @burryx12]

@NICKYN00DL3S @sdav1986 Thanks, how do you plan on building to this base? Any further reading you planning on getting to next?

[Doc @docXBT]

Playing “the game” of crypto is how you make wealth in this industry.

And it’s hard af. As it should be.

You play the game by,

- Being early.
- Placing high conviction, speculative bets.
- Sizing large into those bets a few times a year.
- Rotating.
- Catching narrative shifts before they go mainstream.

All with no guarantee of success.

All with a ticking time bomb looming in the background.

It's all gunna go to zero.

You know this. What can you keep before it does?

Most people go all-in on "the game" and accept that there's no guaranteed outcome.

You live with constant pressure of making it now "before the music stops"

You deal with immense stress.
Anxiety. Sleepless nights.
You watch your health decay.
You withdraw from society.

All while understanding there's a 99% chance you won't make it anyways.

No one talks about how you can make the game easier for yourself.

What if I told you that you could remove the ticking time bomb?

What if I told you that you could reduce the stress, anxiety and impending sense of doom?

Well, you can.
- If you specialize.

Specialization is its own uniquely difficult challenge that requires shorter term sacrifice for longer term stress relief.

You must sacrifice some of the game in the name of specialization.

Once you specialize it removes the burden of missing or fumbling.

It puts chips on the table each week.

For me, it was trading.

I came into crypto as a tourist last cycle and got humbled several times. I eventually walked away with some money but realized it was only bc of the bull market.

I had no underlying skill. If there was no bull market, I would make no money. My confidence was at an all time low. I understood that if there was another bull market I would face a similar choice. Make it or lose 4 years of my life.

I made it my priority to never feel helpless again.

I wanted to be able to trade any condition regardless of the market. I didn't want a 4 year time bomb.

“Building in the bear” isn’t just some trite cope line.

It's legitimately the key to your success.

Had I not full time, no life traded the entirety of 2022 during those dogshit conditions I would not be where I am today. I owe everything to that sacrifice.

Now, 4 years later after several profitable trading years. I will be the first to tell you that trading is NOT the most profitable strategy in crypto. Playing "the game" is.

BUT trading allows me to consistently build chips. It reduces the stress and pressure of those hyper intense market situations. It makes me not give a single fuck about cycle tops or bottoms.

Miss a rotation? Whatever.
Miss a meta? Whatever.

There's no shortage of opportunity if you can hang your hat on your skillset.

It doesn't HAVE to be trading though.

This industry has no shortage of opportunity.

Build. Code. Research. Design. Mod. Edit. Meme. Art. Analysis. Content creator. Writer. Educator. Podcaster. Accounting. so on..

Make yourself into a weapon.

If not today, then make sure you do it in "the bear market".

Whatever it is, it’s your edge.
It's your income.

This repeatable skillset becomes your safety blanket. It’s how you extract value from the market consistently. Not just during hype cycles.
Not just when your bags are mooning.
It gives you durability. The ability to stay in the arena long enough to actually catch the big cycles.
It gives you peace.
It relieves the pressure of having to make it NOW and allows you to solve for longevity.

Show up long enough and you will catch something.

Generational wealth requires two things, time in the market and not blowing up.

Most of you will blow up due to the pressure that the game induces.

Playing “the game” might give you a shot at getting rich fast.

But specializing is what keeps you here long enough to let time and experience do its job.

[Arno @burryx12]

@NICKYN00DL3S @sdav1986 Out of interest, how in depth do they go?

[Arno @burryx12]

@InvestmentTalkk The Ascent of Money - Niall Ferguson was a solid read, I was in the exact space a few years ago. Good for beginners interested in that intersection

[Arno @burryx12]

Study the parts, and you’ve studied the system.

[Arno @burryx12]

@long_equity Interested to know how you define each of them.

[Long Equity @long_equity]

UPDATED. Thanks for all the feedback on the previous iteration of this. Here's a list of the monopolies, duopolies and oligopolies you all recommended.

What would you add or remove?

[Arno @burryx12]

@M19HAU What’s the name of the magazine?