@incentivising This seems a look good strategy when you are playing a game where you don’t know all the rules, which is often the case in office politics.
I’ve spent a few days thinking about the Tesla Roadster reveal and landed somewhere I haven’t seen much discussion. I’m neither a Tesla fanboy nor a Tesla hater. And I couldn’t care less whether what we saw technically qualifies as a flying car. Three takeaways: (1) The risk of that live demonstration going horribly wrong was real. Almost no CEO would willingly expose their company to that kind of public humiliation for a product with so little financial upside. Elon did. (2) That willingness to attempt the seemingly impossible is what makes Tesla special. It’s also arguably Elon’s greatest contribution to America. He’s helped bring back something we’ve lost. The American spirit of chasing big scary ideas that most people think are impossible. That mindset is spreading across a new generation of founders and its long term impact on America’s future could dwarf anything Tesla ever sells. I think this is deeply underappreciated. (3) Can we just acknowledge how insanely cool that moment was? We’ve reached a strange place culturally where even extraordinary feats of human ingenuity immediately become arguments about why they don’t count. Not everything needs to be a debate. Sometimes we should just be able to stand back together and marvel at what humans are capable of. I’ve been both bullish and critical of Tesla’s ambitions over the years. But watching Elon and his team push the boundaries of what’s possible reminds me why I’m glad we have him. Whether the Roadster ever makes Tesla a dollar or impacts $TSLA stock price is almost beside the point. We need more people willing to risk failure in pursuit of things the rest of us think are impossible. Because when they succeed we all win.
@DanSchneierNFL Yes. I got the sense towards the end of the Commanders game that they figured out how to run the offense with Winston or Winston was just doing his thing down 14. I hope it is more they figured out how to best use him.
@GaryMyersNY@Giants Exciting Gary. My Dad loved your last book. I started it but haven't finished it yet. It is hard reading about legends getting old. It is bittersweet.
@DanSchneierNFL I'm excited that your positive Dan. That is enough for me. I wanted to draft JJ McCarthy instead of Nabers, which would have been a poor decision. I'm not giving up that JJ could turn into something. LFG.
I can't speak for Nick. I have followed his work and trade his Chartist strategies as a client. I interpreted his "good time to add during the draw down" as relating to Chartist trend following/momentum strategies in stocks. I agree as a blanket statement adding to just any strategy on a draw down is bad advice. It does seem like trend following/ momentum strategies in stocks go through periods of under performance and over performance.
@thechartist Yes. I'm a long time happy client of the Chartist. I took the "best time to add during draw downs" as relating to strategies like U.S. Momentum and U.S. trade Long Term.