EmberedKnight

@RealSimpleAriel @FranVezz Sideways or elevator down

@FranVezz I don't even like thinking it. But vertical can only last so long before sideways is mandatory.

Gravity gets them all.

Good traders and Buddhist monks have more in common than you think Being too attached too expectations makes you emotional, and becoming emotional makes you irrational Regret makes you live in the past and anxiety swallows your future Price action lives in the present, and so do good traders and disciplined monks

@RealSimpleAriel Funniest one was during the GME rally in 2021 "Brainstop" as people were holding it down -70% I laughed for weeks

$NOW more like service never 🤣

The Ancient Brain Wiring That's Quietly Sabotaging Your Life Barry Ritholtz shares a warning from neurologist Dr. William Bernstein that applies far beyond investing: "Learn to control your limbic system or else you will die poor." It's a strong statement. But the psychology behind it reveals something profound about human nature. Why we so often act against our own interests. The limbic system is the emotional, reactive part of our brain. It's what fires when we feel greed, panic, fear, or urgency. And as Ritholtz explains, our inability to manage these emotions consistently leads us to bad decisions. Here's the paradox he uncovers: "We're hardwired to make that mistake. It's kept us alive on the savannah for millions of years and allowed us to become the most successful species on the planet." The same instincts that helped our ancestors survive predators: react fast, run from threats, chase opportunities are the exact instincts that sabotage us in modern life. Our psychology hasn't caught up with our environment. Ritholtz shares an old piece of wisdom that flips conventional thinking on its head: "Don't just do something, sit there." The meaning? Don't react to every twitch, every news story, every TikTok, every Instagram. Don't let every emotional spike pull you into action. This is where the psychology gets uncomfortable. We've been conditioned to believe that action equals progress. That doing something is always better than doing nothing. But Ritholtz reveals the opposite is often true: "If you respond to every time [things twitch], you're going to prevent your [life] from compounding over time." Whether it's your portfolio, your career, your relationships, or your health, compounding requires patience. It requires overriding the ancient wiring that demands immediate response to every perceived threat or opportunity. The people who build extraordinary lives aren't necessarily smarter or more talented. They've simply learned to create space between stimulus and response. They've trained themselves to recognise when their limbic system is hijacking their judgment and to pause before acting.

"Almost every thought you have is downstream from what you consume." A reminder to curate your inputs like your life depends on it. Because it does.

@Peoplewish What was your position size on the SLV short? 10%?

Ding! It is SO MUCH HARDER to control risk with oversized positions.

@asymmetryfinder Fundamentals are increasingly shifting in the direction of the expected technicals

“It’s better to hang out with people better than you. Pick out associates whose behavior is better than yours and you’ll drift in that direction.” - Warren Buffett

Jeff Bezos said it well: “The world wants you to be typical—in a thousand ways, it pulls at you. Don't let it happen. You have to pay a price for your distinctiveness, and it's worth it.”

The universe doesn’t have a “now.” And this has direct implications for how you’re living. Physics says the past, present, and future, all exist equivalently. Einstein wrote in a letter weeks before his death that this is a “stubbornly persistent illusion.” Here’s what this means practically for you: The version of you five years from now already exists in the time block. Your job isn’t to “create” him. Your job is to stop being the bottleneck between him and the present slice you’re standing on. You need to stop treating future outcomes as hypothetical. Your focus needs to be the trajectory and speed at which you approach the things you want. Because technically, they are already happening. Determinism isn’t a trap; It’s actually more like a map… Your job is to read it forward by leveraging the present moment with intent. Waiting + thinking are the two worst possible things you can be doing.

We all experience the same emotions; your challeges are not unique. Stop beating yourself up. Be patient and give yourself time to grow and develop.

If you feel lost finding your purpose / direction in life, these are the 22 questions that helped me find mine This is what you need to do: Go for long walks on Sundays. Ask yourself these questions. Think. Question everything. Think for yourself. Unlearn what the world has taught you. They say your true purpose in life is becoming the person who would’ve saved when you needed it most. So, that’s what I’ve done. I created the resource I wish I had when I was 25. When I left private equity without anything lined up, deciding to throw myself at the world & create the life I KNEW I was CAPABLE of living. I will help you do the same: join.locallegendsclub.com/welcome

The biggest lesson in life, which you only realize after experiencing it many times, is this: NEVER TRY TO SAVE ANYONE. Never. They are where they are for a reason, they suffer from their own philosophy, their own ego. You will ruin your life trying to save theirs, and it will bear no fruit but your own degradation.

.@davidsenra says Charlie Munger told him, "Most people are rat poison."⁣ ⁣ "Charlie had no filter."⁣ ⁣ “He goes, ‘If you surround yourself with high-quality people, and you get in a good business and stay there, that avoids most of the problems you’re going to have in life.’”

@saylor "If"

Our BTC Breakeven ARR is ~2.05%. If Bitcoin grows faster than that over time, we can cover our dividends indefinitely without issuing new $MSTR shares. Track it in real time on our site. $STRC

お坊さんなので言いますが、人と関わりすぎないことです。悩みはたいてい余計な人と関わるから生まれます。

your life changes once you see how literally everting in life is interconnected