Zed11

Everyone wants the view. Almost nobody wants the climb that comes with it.

If you bought $XRP above $2… or even above $3… and you’re bummed you didn’t take profits… Remember… one day, people will buy at prices you can’t imagine… …and wish they had taken profits too. Retracements are inevitable. The levels just get higher 🫡

ELON MUSK: “GENERALLY, WHATEVER MILTON FRIEDMAN SAID... PEOPLE SHOULD DO THAT THING.”

CATHIE WOOD NAMED THE CONTRADICTION NOBODY WANTS TO TOUCH. SHE COMPARED ELON MUSK TO THOMAS EDISON. NOT AS PRAISE. AS A PATTERN. WOOD: “I THINK HE’S THE THOMAS EDISON OF OUR AGE... HE WANTS TO DO THE RIGHT THING TO TRANSFORM THE LOT OF MOST OF HUMANITY.” THE MEDIA SEES A RECKLESS BILLIONAIRE SETTING FIRES. WOOD SEES THE ONLY PERSON IN THE ROOM BUILDING ANYTHING AT ALL. THE GAP BETWEEN THOSE TWO READINGS TELLS YOU EVERYTHING ABOUT WHO CONTROLS THE NARRATIVE. START WITH TESLA. WOOD: “TESLA WAS AN ENVIRONMENTAL MOVE... WHICH I THINK A LOT OF PEOPLE ATTACKING HIS CARS... THEY’VE FORGOTTEN.” HE BUILT THE EXACT MACHINE ENVIRONMENTALISTS SPENT THIRTY YEARS BEGGING FOR. HE DIDN’T LOBBY FOR IT. HE DIDN’T WRITE A WHITE PAPER. HE BUILT IT. HE FORCED EVERY MAJOR AUTOMAKER ON EARTH TO ABANDON THE COMBUSTION ENGINE. THEN THE SECOND HE WON... THE SAME MOVEMENT MADE HIM THE ENEMY. BECAUSE THE ESTABLISHMENT NEVER WANTED THE PROBLEM SOLVED. THEY WANTED THE PROBLEM FUNDED. AND THOSE ARE TWO VERY DIFFERENT THINGS. A SOLVED PROBLEM KILLS THE COMMITTEE. KILLS THE NONPROFIT. KILLS THE CAREERS BUILT ON MANAGING THE CRISIS INSTEAD OF ENDING IT. MUSK ENDED IT. AND THEY HAVE NEVER FORGIVEN HIM. SPACEX LOOKS LIKE AN ESCAPE HATCH IF YOU NEVER READ PAST THE HEADLINE. WHICH IS EXACTLY WHAT THE PRESS COUNTS ON. WOOD: “WHAT WE LEARN ABOUT MATERIAL SCIENCE AND TECHNOLOGIES... IS GOING TO HELP US HERE ON EARTH AS WELL.” MARS WAS NEVER THE EXIT. IT IS THE LAB. BUILD UNDER CONDITIONS SO BRUTAL THAT EVERY BREAKTHROUGH CHANGES WHAT IS POSSIBLE BACK HOME. YOU LEARN TO KEEP A HUMAN ALIVE IN A FROZEN, IRRADIATED VACUUM. FIXING AN ENERGY GRID ON A TEMPERATE PLANET BECOMES ARITHMETIC. HE IS NOT RUNNING FROM THE CRADLE. HE IS STRESS-TESTING THE TECHNOLOGY THAT PRESERVES IT. BUT THAT STORY DOESN’T SELL ADS. DOESN’T MOVE POLLING NUMBERS. SO THEY BURY IT UNDER HIT PIECES AND CONGRESSIONAL THEATER... AND CALL IT JOURNALISM. MOST PEOPLE WHO REACH HIS LEVEL STOP BUILDING... AND START PROTECTING WHAT THEY HAVE. THEY BUY SENATORS. THEY BUY NEWSPAPERS. THEY BUY SILENCE. MUSK KEEPS PICKING THE HARDEST UNSOLVED PROBLEMS ON THE PLANET... AND RUNNING STRAIGHT AT THEM. THAT IS WHAT TERRIFIES THE ESTABLISHMENT. NOT THAT HE MIGHT FAIL. THAT HE MIGHT SUCCEED WITHOUT THEM. WITHOUT THEIR FUNDING. WITHOUT THEIR APPROVAL. WITHOUT ANYTHING THEY CAN HOLD OVER HIS HEAD. A MAN THEY CANNOT BUY... IS A MAN THEY CANNOT CONTROL. SO THEY DO THE ONLY THING THEY HAVE LEFT. THEY SEND THE MEDIA AFTER HIM. EVERY LEGACY OUTLET RUNS THE SAME PLAYBOOK. STRIP THE CONTEXT. CLIP THE QUOTE. FRAME THE MOTIVE. LET THE ALGORITHM DO THE REST. IT HAS WORKED ON EVERY BUILDER BEFORE HIM. IT WILL NOT WORK ON THIS ONE. THEY WILL SPEND THEIR CAREERS TRYING TO TEAR HIM DOWN. HE WILL SPEND HIS BUILDING THE THING THAT SAVES THEM ANYWAY. THE STONES ALWAYS COME FROM INSIDE THE WALLS.

My wife sat me down last month. I had just closed my best trading week of the year. $18,000 in 3 sessions. She said “I need you to get a job.”“A real one.”“Something with a title and a schedule and somewhere to be.” I showed her the trading account. She looked at it for 4 seconds. Then said: “I do not care about the money.”“You play PlayStation until 4pm.”“My friends ask what you do and I do not know what to say.”“You have no structure. No colleagues. No office. Nothing.”“It feels like living with someone who gave up.” $300,000 to $500,000 a year. 2 to 3 hours of actual work. And the woman who knows me best looks at me like I am her unemployed husband who refuses to get a job. The market rewards results. The people around you reward the appearance of effort. Those two things are not always compatible.