Pliny the Holder 🪶⚔️ @common985 - Twitter Profile

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about 1 year ago

Eggs vs. Drops Have you ever felt like ‘common expressions’ or ‘sayings’ are purely misdirections? While this is not my point, I can’t help but wonder about 2 specific quotes that cause me to speculate.. First: “Don’t put all your eggs in one basket”. Second: “A drop in a bucket/ocean”. The first thing I notice, is these are TYPICALLY ‘financial advice’ sayings. The next thing I notice is that they both have negative connotation or feeling to them. Aside from some of the more occult and astrological symbolism we could explore, I can’t help but focus on the comparisons and parallels between the two. The subject and/or things of value, are the eggs and the drops of water. Which is ironic, as in the expressions for drops are made out to be ‘insignificant’.. as in the Bible, in Isaiah 40:15 “King James Bible Behold, the nations are as a drop of a bucket, and are counted as the small dust of the balance: behold, he taketh up the isles as a very little thing.” And the other expression, a bit more obvious maybe, is the idea of not putting all you investments into ‘one basket’, you know.. in case shit happens. I think I like playing the devils advocate here and calling bullshit. And upon further research, I was not alone in this train of thought. Most are familiar with Mark Twain I’d assume.. here’s what he said: “Behold, the fool saith, "Put not all thine eggs in the one basket" - which is but a matter of saying, "Scatter your money and your attention"; but the wise man saith, "Pull all your eggs in the one basket and - WATCH THAT BASKET." - Pudd'nhead Wilson's Calendar Mark Twain, Pudd'nhead Wilson This is what I tend to agree with. If you see the golden ticket, save it.. watch it.. HODL it. The idea of diversifying is a wealthy man’s hobby, it shouldn’t be a poor man’s aspiration. Also, now enters astrology into the chat.. ‘The fool saith’..now we have a timeframe. I could go on about eggs, a million ways to cook em right? Well, I’m thirsty and a million drops of water is approximately 28.5 gallons! Are you drinking or drowning?! Going back to our two subjects of value (as insignificant as they may seem), eggs have been currency mind you, and water is priceless in some parts of this plane.. I digress. Drops are valuable, as they makeup the whole. Now, we can probably agree that currency, money, in whatever form, is essentially energy. Maybe a store of value, and stored energy is potential energy.. therefore, your money is your potential. Know your value! Is your value, to you, ‘eggs’.. big, fragile, awkward to carry and transport, with holes and spaces in the vessel? Is your value, to you, ‘drops’.. liquid, measurable, convertible, easily stored in multiple vessels? Just food(and water) for thought. For my math friends, some approximate numbers: 10 drops = 1 ml 10k drops = 1 Liter 1 Mn drops = 28.5 gal.. Interestingly, if we were to view this as grams to ounce(s), there’s about 28.5 grams in 1 oz. When I consider value in liquidity, especially if that digital liquid is essentially gold.. by todays numbers, it’s about $1800/oz of Au. If you recall, the 1933 gold buyback from FDR admin, it was $20 per Oz of gold paid out. Imagine the wealth transfer! Let’s just say, not all were depressed in tough times. “‘a drop in the ocean (or in a bucket) a very small amount compared with what is needed or expected.’ 1995 lan Rankin Let It Bleed, ‘A few million was a drop in the ocean, hardly a ripple.’” Another interesting fact, Andrew Carnegie battled for dibs on ‘watch that basket’ turn of the 19th century.. why would a Carnegie be interested in stealing from a simple quip writer? Things that make a fella wonder. Ultimately, our potential is just that.. ours. And it takes [h]ours to accumulate it.. I’ve got my buckets ready, so to speak.. 28.5 gallons isn’t lightweight.. we’ve been training for this moment. So, eggs or drops? Up to you. What do you see? But I’m accumulating my drops.. I’m watching my basket. Singular.

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Common985 retweeted

Bank for International Settlements @BIS_org

about 12 hours ago

The Credit Suisse episode was the first major test of the post-crisis resolution framework for global banks. A working paper traces how investors repriced bail-in risk across 94 European banks the following year & what it means for bail-in credibility: https://t.co/AYcQQuAgo2

BIS_org's tweet photo. The Credit Suisse episode was the first major test of the post-crisis resolution framework for global banks. A working paper traces how investors repriced bail-in risk across 94 European banks the following year & what it means for bail-in credibility: https://t.co/AYcQQuAgo2 https://t.co/7kPpfoqIl0

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Pliny the Holder 🪶⚔️

@Common985

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