Identity

@EconstratPB This is insanity. Reads like a temper tantrum — hands caught in the cookie jar..

If we’re escalating then nothing is getting opened up.

Gauss meets real life. Also - Notice how people lifting 95 already say, “Fuck it, let’s do 100” - so there’s a discontinuity point. Mathematical theory faces reality.

@DsrPrivate Guess we have seen. Lol.

@DsrPrivate Idk we will see.

Imo several underpriced risks in the mkt currently: 1) end to the memory supercycle. Annihilation of software names curtails the bid to memory/semis — negative feedback loop 2) inflation risks underpriced in rates given where commodities are clearing 3) geopolitics

ChatGPT will save us

Reminesces of a Stock Operator, on losing your position

what the hell is going on in Florida

“Whenever you can in life, optimize for independence rather than pay. If you have independence and you’re accountable on your output, as opposed to your input — that’s the dream.” -@naval

Wealth = time = independence. Accumulate enough of it and you are liberated. Consumerism is consequently a targeted assault on independence.

It is easy to interpret the vastness of the universe as a precondition for invalidating the meaning of life. But it is the improbability of existence that gives life meaning. Participating in the rare game of life is the greatest opportunity any of us will ever be given.

When you look at a large apartment building in passing, you see a representation of modern urbanization. But if you pause for a moment, simply to digest the view, you’ll realize there are thousands of stories, experiences, and lives harbored there — many quite similar to you.

Be confident, never arrogant, and be humble enough to know the difference between the two.

@mikeharrisNY @tweetatweir This result is consistent with flipping three coins independently at each trial step. If you treat this as a binomial RV with n=3 at each step you’ll see the result Mike is expecting. Flipping a coin in succession is different from flipping three concurrently from markov lens

@tweetatweir This is close enough.

Most puzzling is the fact that prob 0 is at 18% when it shoudl be evident that as the number of trial increases, the prob of ruin goes to 1.

The goal: invest your time to create enough wealth so that you may get your future time back.

Every decision made that prioritizes the short-term at the expense of the long-term incurs a debt to the future. Eventually, the creditors come knocking.

Fast, lift, sprint, stretch, and meditate. Build, sell, write, create, invest, and own. Read, reflect, love, seek truth, and ignore society. Make these habits. Say no to everything else. Avoid debt, jail, addiction, disgrace, shortcuts, and media. Relax. Victory is assured.

Some find comfort in the narrative that those with talent had innate gifts that others lack. In reality: Genius is the result of hours of deliberate focus. Athleticism is the result of hours of preparation. Anybody can be talented, but few are willing to put in the work.