UpneyMehta

Hospitalist at Corewell Health | Indiana University Internal Medicine Graduate | Universidad Complutense de Madrid | FCB | Views My Own

[UpneyMehta @UpneyMehta]

@sidlowe Much like Getafe’s gameplan

[UpneyMehta @UpneyMehta]

@ShaanVP Always up and to the right - like the stock market

[UpneyMehta @UpneyMehta]

Stagflation is here. Most likely the M2 supply will rise as a result at some point. We all know what that means for the long term…

[UpneyMehta @UpneyMehta]

Another 5-10% pullback on the table
in the coming weeks. Period of sideways consolidation as markets digest this trade war. Subtle bounces off PCI, PCE data into the summer. Good time to acquire shares on a day like today for long term investors.

[UpneyMehta @UpneyMehta]

@JoeConsorti May face period of consolidation in between 76-85k, then gradually on to higher highs by EOY, barring any major geopolitical development

[UpneyMehta @UpneyMehta]

@PK_Fund Classic situation where a solid stock is at a great price. Their free cash flow situation remains outstanding and they will surely reward investors with a generous buy back accordingly

[UpneyMehta @UpneyMehta]

@RonaldAraujo_4 Estamos contigo capitan! Fuerza

[UpneyMehta @UpneyMehta]

@The_Plain_Bagel Solid vid! Double thumbs up

[Sangjin Lee, MD @SangjinLee17]

@ahfdoc state of the art lecture-advanced cardiac disease. Rising burdens but new opportunities @RenzoLoyaga robust HVI research portfolio @davidmcnam -multi-disciplinary ❤️ team. And Pebble Beach 🏌️‍♂️ simulator with HF-APP. Team building outside work. @FM_HVI Winter CV Conference

[Kevin Hageman @Factor_XII]

How to be a Hospitalist:

Cancel the daily labs.

DC tele.

Change vitals to q8h.

Ask nurse ok if up and OOB and ambulating.

Check home med list daily to consider resumption.

Enter stop dates on abx.

Deprescribe as appropriate.

Pull lines/tubes.

[Tim Ferriss @tferriss]

If someone asked me to give investing advice to a 30-year-old today who had just made their first million, I would first point them somewhere else. I’m not a financial advisor and don’t think I’m qualified to give anyone financial advice. The particulars matter too much. But if they insisted, I might say:

(1) If you want to play in early-stage tech investing (or anything high-risk, high-reward), ensure you have a plan for developing an ENORMOUS informational advantage. Aim to develop new skills and relationships through portfolio companies so that you can win over time, even if you “fail” with many bets going to zero. Only bet what you are comfortable losing and what you can recoup in other ways. Though my angel investing snowballed, I began with $10K checks and advising for sweat equity. Think of this as tuition for a real-world MBA. Are you willing to move to the hub of activity to ensure the best possible information and deal flow, as I did when I moved to SF lifetimes ago? Or make commensurate commitments or sacrifices to ensure you are in a position to win? If not, I’d suggest choosing a different game. Other people will take the initiatives that you won’t, and they will beat you. Much of early-stage investing is cooperative, but let’s not kid ourselves, a lot of it is competitive, and not everyone will podium finish.

(2) For the rest—which could be everything—follow Buffett’s advice. Keep it simple.

One cautionary example of doing the opposite: I spotted the COVID curve ball early, and I made a lot of very “sophisticated” (complicated) decisions related to investing, and the associated research, diligence, phone calls, and so on chewed up an unbelievable amount of time and energy. Eighteen to twenty-four months later, I’d done very well but decided to look at how passive S&P 500 returns would’ve added up over the same period, and… they were roughly the same. Of course, you can’t always bank on this outcome, but beware of seeking complexity if you’ve been rewarded for problem-solving throughout your life. Looking back over the last 15+ years, the handful of investment decisions that made all the difference have been simple and were somewhat obvious to me, no major gear-grinding required.

(3) Knowing when to buy isn’t enough. Have policies and rules for when you will sell, or the universe will punish you with very bad and very expensive decisions.

(4) Don’t discount luck, including lucky timing. I started angel investing seriously in 2008 and hit a golden window of converging trends, cheap valuations (by today’s standards), and an uncrowded playing field. The financial crisis had culled the herd of a ton of investors and fair-weather founders. It was a target-rich environment, even for someone with very little to invest. Micro-VCs were just cracking out of their shells, and the big players hadn’t started assailing the seed stage stuff. In retrospect, it was a wildly rare combo of things. I don’t believe I could replicate what I did in 2008–2012 now.

(5) Personally, I’ve largely stepped back from angel investing to double down on writing and the podcast (The Tim Ferriss Show, soon to hit 1B downloads). This comes from a desire for more predictability and less stress. I love the excitement of startups, and I’ve had some lucky wins, but I don’t find it nearly as interesting as developing creative muscles that bring in forecastable revenue year after year. For me, that has compounded more reliably than the all-or-nothing bets. Massive ups and downs in sectors like crypto also take a toll that reduces my creative batteries. In this chapter of my life, I think simplicity is the name of the game (e.g., finding one decision that removes 100 decisions).

(6) Over-optimizing is just as bad, if not worse, than under-optimizing. Past a certain point, buying extra Skittles just doesn’t fucking matter. So, a note to self: stop fiddling around with your goddamn spreadsheets and get more interesting hobbies on the calendar. What hobbies? Exactly.

(7) If we assume the point of investing is ultimately to improve your quality of life and the quality of life of those you most care about, investments that consistently add stress over long periods of time probably don’t make sense. Money is traded for things or experiences that catalyze certain feelings. If your investments are generating the opposite spectrum of feelings, it might be time to reassess.

It’s easy to miss the forest for the trees. Money is a means, not an end.

And in the end, most things matter very, very little. Do what helps you sleep at night and wake up with a low heart rate. To me, those are the hallmarks of a world-class investor who gets the big picture.

https://t.co/CVXVWAKuGM

[UpneyMehta @UpneyMehta]

@MorningBrew If this kills the metaverse its actually bullish for $Meta

[UpneyMehta @UpneyMehta]

Apple Vision Pro is exactly what today’s society doesn’t need.

They could’ve also called it iSight. But I’m no marketing genius.

[UpneyMehta @UpneyMehta]

Toy Story had arguably one the best trilogies in cinema history culminating in Woody and Andy's coming to terms that not all things last forever. It ends perfectly. Then we got 4, and now we are getting a 5th. Disney has lost its creative purpose.

[UpneyMehta @UpneyMehta]

Selling out-of-the money covered call options sounds like the promised land for income... but no one talks about the anxiety it generates and the time spent upkeeping your spreadsheets. Especially if trading the 1-2 week expiration dates.

[UpneyMehta @UpneyMehta]

Egregious fiscal spending policy. No benefit to the average taxpayer. Yet here we are, having to borrow (AKA print) more money so we don't default on our debt. I hope the next presidential debates involve serious scrutiny on this issue.

[UpneyMehta @UpneyMehta]

Insane that the debt ceiling must be raised again. Even after taxes, deficit is -1.32T in 2022. Yet Americans still have significant costs in medical care, education, social services. The icing on the cake is that SS will be running out before most of us retire. Total failure.

[UpneyMehta @UpneyMehta]

The only sensible gun laws are the ones that ban all types of weapons.

[Sayed Tabatabai, M.D. @TheRealDoctorT]

On the morning of his 95th birthday, Joe woke up at exactly 6AM.

This small irony never failed to irritate him: he had never been a morning person, but the more the years passed, the earlier he woke.

“Well, this is it!” He said, to no one, as he swung his legs out of bed. 1/

[Sangjin Lee, MD @SangjinLee17]

So proud of our inaugural advanced heart failure and transplant cardiology fellow starting this summer @FM_HVI ! Presenting at her first #ISHLT2023 and many more to come!