Al Pickett

I work with a few traders a year to help them achieve consistent profitability with an emphasis on mental performance. NOT MLM

[BRICK BY BRICK @aincomeinvestor]

All these athletes touching crazing money should model after Jayson Tatum.

~ drafted by Celtics
~ made a pact with his mom: live off endorsements; never touch NBA salary
~ signs a $163M rookie extension, keeps same motto
~ mom the only one overseeing his finances
~ Signs $315M 5 year deal and still keeps motto
~ Lives off $13M/year deals with Nike, Gatorade, Google, etc.

Dawg.

[Al Pickett @mralpickett]

Something to help you wrap your mind around losses. If your accounts are growing you haven’t even seen your biggest loss yet.

That means this is probably as small as they are ever going to be so get over it and find the next opportunity.

[Mark Cuban @mcuban]

The reason anyone gets insanely rich is almost always because of the stock market. It certainly how @elonmusk did.

And the reason they get rich from the stock market, is because 150m Americans decided they wanted to own shares of stocks directly, or through their retirement plans, or through other approaches as a way of building their net worth and trying to create a better life for themselves.

One Hundred Fifty Million Americans. About 60% of adults.

Effectively believing that @elonmusk and many billionaires could make them wealthier and help them achieve a better life.

If you want @elonmusk , and most billionaires to no longer be that rich, convince those 150m to sell their stocks, funds, ETFs whatever.

Of course you would wipe out the net-worth of most of those people, and everyone else’s savings, as the markets crashed and brought down the economy and created the worst depression we have ever seen.

Alternatively

There are ways to improve healthcare access and eventually make it available to all.

To start -
If you want @elonmusk and all billionaires to improve healthcare for everyone , ask them to stop doing business with the enormous healthcare conglomerates and to work directly with transparently priced care providers.

It’s the behemoth HC conglomerates that make HC so bad for so many. (Check my timeline for more detail)

Removing them would push the cost of healthcare down for everyone. Their corporate decisions impact our healthcare cost and availability.

Of course if they do that, not only would our HC costs go down , and the quality of care for their employees and the entire country go up

But

They would see their corporate cash flow increase dramatically and we would have more millionaires, billionaires and maybe even another trillionaire when that cash flow moved from the big health care conglomerates to their bottom line, so would the net worth of the 150 million American adults that own public stocks

Capitalism is better than socialism because 150m Americans can influence exactly what happens in this country.

[Spectre @spectre0799]

If The Neptunes produced Remember the Time...

[Goshawk Trades @GoshawkTrades]

Paul Tudor Jones opens a fireside chat with Druckenmiller by admitting one of his biggest mistakes:

"after the crash of '87, i was so worried about debt to GDP that it caused me to be short the stock market for the entire decade of the nineties."

an entire decade. one of the greatest bull markets in history. and one of the greatest traders alive sat short through the whole thing because of a macro obsession.

then Druckenmiller adds his own version:

"the one rule i had for thirty years of trading was never let my obsession with the debt interfere with my trading. because it never had market impact."

"and then i looked at the numbers and i threw out my playbook."

two of the best macro traders ever, both admitting that the hardest part of their career has been separating what they believe should happen from what the market actually does. until the math finally forces you to act.

[The Kobeissi Letter @KobeissiLetter]

BREAKING: Bitcoin’s selloff accelerates, dropping below $63,000 for the first time since February 24th.

Over $1.1 billion worth of levered crypto positions have been liquidated over the past 24 hours.

[Al Pickett @mralpickett]

👀🌊

[Watcher.Guru @WatcherGuru]

JUST IN: Bitcoin crashes under $68,000

[Al Pickett @mralpickett]

Freddie Gibbs still has bars

[Cory Sparks 🧨 @corysparks]

Barberchair naps >

[Al Pickett @mralpickett]

@corysparks No A I

[Al Pickett @mralpickett]

There’s a vaping epidemic in the US

[Al Pickett @mralpickett]

@corysparks That Sunday again 🔥

[Ronit Pereira @CAronitpereira]

“When I was young, I used to sell myself the best hour of the day to improve my mind .”

“And then the world could buy rest of my time. lo and behold, it worked.”

- Charlie Munger. 2007

[Al Pickett @mralpickett]

@corysparks Smothered and covered

[Al Pickett @mralpickett]

@corysparks Does that say 800k ahead??

[Al Pickett @mralpickett]

“You only start at the top when it comes to digging a hole”

[Al Pickett @mralpickett]

Played my best game of golf to date today!

Didn’t even want to leave the course. Just wanted to sit indian style, eat a peanut butter jelly sammich and listen to the birds 🤣

[Al Pickett @mralpickett]

@corysparks But you made it my boy!

[Al Pickett @mralpickett]

Slow feet don’t eat

[Al Pickett @mralpickett]

@corysparks @Redfin Cop it big dawg