MontrealFool (Michael) @unitrol6000 - Twitter Profile

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Mirko Cicoria @MirkoCicoria

2 months ago

Best highlights from last weekends @EBSAcademy CROSSOVER CHALLENGE

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Jim Gillies

@JimPGillies

about 2 months ago

Man posts incredibly silly/self-interested take about a completely foreseeable tax bill that any fiduciary with an IQ above room temperature (measured in Celsius of course) could have told him was a dumb idea…you do NOT take 3+ decades worth of capital gains in a single year on a fit of pique. Man gets (deservedly and unrelentingly) dragged for posting such a silly thing and exposing the limits of his foresight and planning. Man then tries to pivot to claim he was REALLY fighting for all of us all along, and the fault of misunderstanding that generous take is, of course, ours. Not his. Because HE cannot be wrong, of course. Rather, his preferred course is to escalate and double-down; to distract rather than to contemplate WHY he got dragged, and the obvious ingratitude for the life Canada gave him and his family when they needed it (and which I don’t begrudge in the slightest… “as you do unto the least of these,” and all that…though I do wonder now how Mr. “Suicidal Empathy” would look back on his own circumstances of entering the country…) I’ve maintained a file of “wisdom” on my computer for years…titled “Jim’s Rules for Living”. Many of the nuggets I’ve collected over the years (because I am not that smart and I value the insights of others) deal with the importance, nay, JOY of being wrong. From Charlie Munger’s, “Try to destroy a cherished belief at least once a year,” (i.e. you were wrong, learn from it and get better), To Maya Angelou’s, “Do the best you can until you know better. Then when you know better, do better.” (i.e. when you find out you have acted wrong…don’t necessarily beat yourself up for the past, but DEFINITELY change your behaviour to be “not wrong” in future). To, I believe, Dr. John Deloney’s, “One of the most crucial gifts you can give your kids is the willingness to look them in the eye, own your mistakes, and say, ‘I was wrong’.” One of my own (based on hard-earned experience dealing with some family members, and seeing my wife do the same), is that people will do almost ANYTHING - go without, blow up their own lives; torch foundational friend and familial relationships - rather than admit when they are wrong… …with the corollary that thus being able to admit when one is wrong as early as possible is a SUPERPOWER. Our man here appears to have absorbed precisely zero of these lessons. Sad. So it goes.

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MontrealFool (Michael)

@unitrol6000

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