“I have to get these people out safely,” Rick Rescorla told his wife, on September 11, 2001. “If something should happen to me, I want you to know I’ve never been happier.” #NewYorkerArchive https://t.co/LLfjZSsQzA
Julia, a teacher and Ukrainian volunteer, weeps as she waits to be deployed to fight Russian troops around Kyiv on Saturday. Ukrainian civilians have taken up arms and joined the battle to keep control of the capital. https://t.co/dstRTHIW8F
The only goal of their movement was to profit. The "principles" they claimed to espouse were contrived in order to justify that desire and to lessen the pain of losing.
Two things can be true at once:
1. The $AMC apes hoped to destroy the market with the #MOASS and were driven my money, along w/ principle.
2. It is still sad when regular people w/ little experience lose their entire life savings because they were roped into an insane fantasy.
It's very difficult to listen to $AMC spaces. Losing money in the market is painful and I can empathize but these people have radicalized themselves. They'd rather invent a global conspiracy than accept they just made a poor investment decision
Being financially wealthy and morally bankrupt is of no long term value. At the time of death, every single worldly possession (including our own bodies) is taken from us.
Owner of the @warriors🏀 says he doesn’t care about the Uyghurs.
The conversation goes downhill from there.
@chamath…
- questions whether a genocide is actually happening
- says the CCP isn’t a dictatorship
- says the US is no better than the CCP https://t.co/qAwi7hUPvo
100% of my trading income this year will go to charitable causes. I spent the year assisting 2 non-profits with strategic planning + project development, & was fortunate to be able to fund long-term projects. There’s an opportunity for meaningful impact, which I’m excited about
I did experience some trepidation about the decision, particularly given how challenging and stressful trading can be, but I ultimately felt that it was the right choice. My plan is to continue to give as much as possible for the next few years until I step away from the markets
100% of my trading income this year will go to charitable causes. I spent the year assisting 2 non-profits with strategic planning + project development, & was fortunate to be able to fund long-term projects. There’s an opportunity for meaningful impact, which I’m excited about
There is no shortage of guidance advocating for the pursuit of the ephemeral this yr, but I would encourage you to also pursue the eternal. A life devoted to worldly success & experiences will, at best, achieve temporary results. There is more to be gained, but only if we seek it
At its core:
1) Differentiating between optimal & mediocre setups
2) Sacrificing higher entries for higher probability entries
3) Learning to accept when I’m wrong. My largest loss remains roughly four years ago despite the fact that I trade considerably more size
KODK low 40’s to mid 30’s entry/adds. KNDI 15’s to 14’s. EDSA was a bit late but caught the 13’s consolidation. Covered all this AM(+$765K). This market continues to make me look like a far better trader than I actually am. Hope everyone has a safe and relaxing weekend!
3 strategies that have helped me stay centered:
Maintaining Perspective - 26% of the world lives on less than $3.20/day, 46% on less than $5.50/day
Physical Activity - I focus on Muay Thai & Yoga but any exercise will have tremendous benefit to mental & physical health
Faith