MAIN & WALL®

Dabo Swinney says Clemson is used to punching above its weight class and wins despite a lack of resources. 'Notre Dame makes its own rules, prints its own money.'

Jordan Belfort reveals the chilling mindset behind one of Wall Street's biggest frauds:

Virginia basketball lands Arkansas State transfer guard Christian Harmon 247sports.com/college/virgin…

Warren Buffett: "If the whole world lived by the Golden Rule, it would be such a more wonderful society." "[It's] true for everything from parenthood to being a boss. Just everything in life." "I've never seen anybody who's unhappy that behaved [according to the Golden Rule]."

Paul Tudor Jones predicted the 1987 crash, made $100 million, then spent years trying to destroy this footage you will watch him lose $6 million in one afternoon, sit in his chair and say "total devastation" then make it all back with 100% interest This documentary will change how you think about risk forever Bookmark & watch it. Then read the post below - $90 billion from being right just 54% of the time↓

Through their support for Iran, Russia and China aim to erode U.S. power and undermine U.S. interests in the Middle East and beyond, write Jon Alterman and @AliVaez. “And so far, both countries are succeeding.” foreignaffairs.com/united-states/…

“The road to U.S.-Iranian peace begins with some on-the-ground basics—such as a pledge to maintain the present cease-fire and to not attack critical infrastructure, particularly in the Gulf,” write Tom Pickering, Gabrielle Rifkind, and Paul Ingram. foreignaffairs.com/iran/price-pea…

@"Why We Urgently Need a Shift from “Power-Over” to “Power-With” "linkedin.com/pulse/why-we-u… on @LinkedIn

Warren Buffett: “The market is like a church with a casino attached and the casino has never been more packed.” On 0DTE options: "That is not investing. It's not speculating. It's gambling. Totally."

When you stop writing, you start to outsource your thinking.

“In my whole life I've never been good at something I wasn't very interested in. It just doesn't work. There's no substitute for strong interest.” — Charlie Munger

Howard Marks calls this "recency bias" and built Oaktree's $190B AUM around fading it. 2009 everyone said real estate was dead, Blackstone bought 50k homes through Invitation, now worth $20B+. Read The Most Important Thing, chapter on second-level thinking. The mispricing is always sitting in whatever everyone swears is permanently broken.

@MebFaber @B3_MillerValue Yes, mispricing often starts with a very human bug: treating the present as permanent. Recency bias is how temporary regimes become permanent narratives.

Investing Quote of the Day: “One of the most powerful sources of mispricing is the tendency to over-weight or over-emphasize current conditions.” - Bill Miller (@B3_MillerValue)

Winston Churchill used to lay 200 bricks per day to keep his mind busy when feeling down. Depression hates a moving target.

CEO of Citadel: "no one is more wrong than I am today", he built the most profitable hedge fund in history in this interview he explains why he hired a Russian rocket scientist, why being the smartest in the room is a mistake, and why being right 54% of the time made $90 billion Bookmark & watch it. Then read the article below - The 77-year-old formula that explains why a small edge is all you need ↓

Stanley Druckenmiller: “I think my record (over 30% for 30 years) is mainly because when I’m wrong, I change my mind.”