True Believer

Toronto Canada vs Florida USA tax 366k USD (500k CAD) in Canada pays $109k more in tax per year than if in Florida. 275k CAD in Canada pays $53k more in tax. Uncompetitive, gets worse as income increases.

Canada has by far The dumbest, Most retarded, Voters on the planet

If someone wants to buy a $5M apartment and leave it empty, that’s their property, their choice—not yours to prey on because you need more revenue for failing socialist experiments. You’re not funding “free” child care. You’re laundering millions through the same bloated bureaucracy that’s already driven businesses, residents, and investment out of NYC. New York’s multi-billion deficit was caused by decades of reckless spending. Every time you “tax the rich,” capital flees, property values drop, construction halts, jobs vanish, and the tax base shrinks. We’ve seen it in city after city. The ultra-wealthy don’t stay and pay—they leave. The middle class gets stuck with the bill. The empty luxury units you hate will stay empty longer because you made ownership toxic. This “progressive” tax is proof that socialists like you view citizens as ATMs, not free individuals. Keep this up and watch the last productive people and dollars flee faster than you can tweet “equity.” #TaxationIsTheft

Nearly half of the most productive Canadians have fled to America. While third world migrants make up 98% of Canada's own population growth. Population replacement at warp speed.

This is crazy....and it's a huge tell. From the 3/30 lows...just 10 trading days...$SMH (Semi ETF) is up 25%. The semis (SMH) are going parabolic versus the S&P 500, even as the S&P 500 has been going parabolic itself. Insane leadership from THE market leader. One of the most explosive moves in history. And yes, this is massively bullish for the broad market. 🚀

Honestly, watching Canada become a totalitarian wasteland has been one of the most painful experiences of my life. I'm not sure my heart will ever really recover. To watch something as beautiful as Canada was, become what Canada is, has been horrible.

"I love driving"

There is no stress free life. There are only people who seem calm because they have invested enough in themselves to handle pressure well.

canadians shouldn't be this poor given the natural resources we have available

The "AI job loss" narratives are all fake. AI = massive ramp in productivity = massive ramp in demand = massive jobs boom. Watch.

This is really bad news. There is an obvious path to prosperity for Canada and it’s simply cutting red tape (especially in oil and gas) and cutting the bloated public sector thereby reducing taxes. Oh and stop printing money so inflation isn’t chewing away everyone’s purchasing power day by day.

“The Republicans will fix it this time” “The Democrats will fix it this time”

This is, by far, the best car I’ve ever owned.

It really is bizarre. Most of my friends don't have FSD (or a Tesla). And it is the single biggest lifestyle difference between us. They drive their cars. My car drives me. They don't get how much--even at its current capability-level--the product changes life-feel. FSD truly is a mass luxury product. That it is still so narrowly enjoyed is mind-bending.

@deBeauxOs1 Don’t get gaslit. I pay more taxes than anyone. Almost all taxes come from top 1% earners. We pay for all the stuff you like and that’s fine. Government workers are the ones who don’t pay their fair share (they are your employees). Ask more of them.

Stanley Druckenmiller on selling losers: “If the reason I bought a stock is no longer the case, I don’t care what I paid for it and if I bought it at $60 and it’s $50 because the markets discovered the problem before me, I have no emotion whatsoever.” ___ Video: In Good Company

I've said this many times before and Stanley Drunkenmiller just said it. You've got to be a maniac if you want to be successful in the markets. "The best investors, they're extremely competitive. You're in the wrong arena if you think you can compete with those maniacs if you're not as passionate as them."

Highly recommend listening to Stan Druckenmiller's latest interview with Morgan Stanley. Some of my favourite thoughts: - Contrarianism is overrated. The crowd is right 80% of the time - just don't get caught in the other 20% - Your edge isn't being right, it's sizing when you're right and cutting when you're wrong. Soros playbook. - You don't need to understand everything. He couldn't spell Nvidia. He trusted people smarter than him on the details, then made the call - Volatility isn't the enemy. It's your entry point if you have conviction - TA and price/news signals worked until everyone learned them. Edge dies when it becomes consensus - Courage (Balls) matters more than wisdom. He's smarter now than in his 30s and was a better PM then. He had more nerve - Scars don't go away - and they shouldn't. But mistakes are a moment in time. Get over it and move on - Growth investors didn't want Teva, value investors didn't want it either. That's exactly where the opportunity was - stocks stuck in no man's land between investor bases - Where the smartest young people are going is a leading indicator. He tracked Stanford kids shifting from crypto to AI before the trade was obvious - Knowing when something is big doesn't mean you'll hold it perfectly. He sold Nvidia at 800, it went to 1400. Even with the right thesis you'll still screw up the execution - Pattern recognition compounds over decades. There's no silver bullet, just 40 years of seeing things before

Stanley Druckenmiller sat down with Morgan Stanley to discuss how he’d build a portfolio from scratch today. He also explains why contrarianism is overrated and which stock he regrets selling too early.

Focus on what you can control. Build something, anything. A product, yourself, a family, your community, a team, a company or organization, relationships. Or help someone else do it. Don't complain or be a victim, ever. #PlayNiceButWin