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Jeremy Grantham and I, who are two old investors and two old friends who have been through a number of cycles, recently had a chat about the markets that you might find of interest. Here it is: bridgewater.com/research-and-i…
"But a dollar is always worth a dollar!" As almost all investments are going down, this goes out to anyone feeling paralyzed, and standing on the sidelines. A dollar is not a dollar.
"Cash is king" is only true for its option value. The option to use it to put to productive use. If its never used you get a 20 year 40% sneaky drawdown. And that's in relatively "non-inflationary" times.
Look at the chart again. That's the time decay of money. It's the realized cost of not starting. Of not pulling the trigger.
Which brings us to expanding our view of "productive use" Spending depreciating cash on making yourself better, more productive, more valuable should be the focus right now. Stop nickle-ing and dimei-ng. Level up.
In markets, good investment environments come and go, but the best time to invest in you is always now. It's not just hustle time. How can you use cash today to make yourself better? That's an investment decision.
In trading, the aim is to make money, not to be right.....Ned Davis
How I taught myself data science and got a job in London fintech (and how you can do the same - but quicker!)👇
I nominate @g_diets_ his "your health is your first wealth" approach content has transformed thousands of lives, including mine.
A man will never be whole until he find the woman who he wants to raise a family with
Tbt 2019 when I was rolling with the big boys in London. @knightofdelta
The luckiest people in the world are those who grew up with two parents who love and respect each other.
One of the most important lessons to learn about the stock market is that the set ups that work wonderfully in an uptrend fail miserably in a downtrend.
The problem is not people being uneducated. The problem is that people are educated just enough to believe what they have been taught, and not educated enough to question anything from what they have been taught. 🧠
People who began trading after 2008 have never experienced a prolonged bear market. Be careful who you listen to.
In the last 24 hours 372K Crypto accounts were liquidated. In total that's $2.31bill with the largest single liquidation being $27mill. Brutal! Always rspect risk, ALWAYS!
Most of you are sitting on skills and talents that can make you a millionaire.
‘But I don’t know how to sell’ ‘But I don’t live in the US’ ‘But my laptop is too slow’ But. But. But. No more buts. You literally need a $200 laptop and an internet connection. Stop fooling yourselves.
How a technical analyst sees lightning. 👇 👀
How @TheGPhc and @RoyalMail misplaced my orginal degree certificate and non is taking responsibility for its search. Please support by retweeting if you come across this on your TL As a Nigerian, we all know the original degree certificate cannot be replaced. Pls come to my aid
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