Moritz Czubatinski

AI can confidently give you the wrong trading advice from raw broker data. Broker statement: Wednesday: -$1,200 AI says: “Stop trading Wednesdays” But journal context reveals: -$900 early entries -$1,100 revenge trading +$800 rule-followed Bad data creates bad advice.

I did a 9-part interview series with @kimanncurtin talking about all sorts of issues that we identified over the years, after reviewing hundreds of trading journals which users sent us. This is the first part. They are all between 10-20 minutes in length and offer tons of value.

My guest today is Paul Tudor Jones (@ptj_official), one of the greatest macro traders of all time. He correctly predicted the 1987 stock market crash and shorted the Japanese bubble in 1990. For over 40 years, his flagship fund has had a negative correlation to the S&P 500. 100% of his returns are alpha. He says today's market has so many similarities to 2000, "the easiest bear market I've ever seen in my whole life." He makes the case for going long dollar-yen, why Bitcoin beats gold as an inflation hedge, and why he was wrong about Warren Buffett. But what I'll remember most from this conversation is Paul's zest for life. He's 71 and still wakes at 2:30 every morning to trade the London open. He works out for two hours a day. He walks with his wife every evening. He travels the country chasing peak spring and peak fall. He's so excited about the songs picked for his funeral that he wishes he could be there to hear them. Paul has lived five lifetimes in one. He's one of the most entertaining and interesting people I've met, and the conversation will leave you searching to be as passionate about what you do as he is about what he does. Enjoy! Timestamps: 0:00 Intro 1:00 The Kindest Thing 13:19 Trading vs. Investing 17:33 Lessons from Warren Buffet 22:24 The Existential Risks of AI 29:54 The Nature of Trading 31:46 Bitcoin 35:55 Bubbles 42:08 A Day in the Life of PTJ 46:00 Information Overload 47:07 Passion for Markets 50:49 The Robin Hood Foundation 54:18 The Workless World 56:03 Journalism 1:00:00 Principal Components of a Great Life 1:05:06 Kill Them With Kindness

Everyone is born an original. Almost everyone dies a copy.

Best things in life are for free. Except for going 0-100 in 3 seconds on your new CB650R with Akrapovic Racing exhaust 🫡🥲❤️

If you are afraid of dying, you cannot live. If you are afraid of losing, you cannot trade.

The best strategy is not the one that makes the most money for someone else. It's the one that you can execute repeatedly, day in day out, without fatigue. It should feel great and natural to execute it. And it should be scalable. Everything else is just noise.

Living above your means financially is a recipe for anxiety. Living under your means intellectually is a recipe for depression.

After mentoring tons of traders I have found using the word "no" is what I do most. No, this trade is not good. No, this trade is also not good. No, this trade is definitely not good. No, it doesn't matter if you don't trade today or this week. No, the market doesn't care.

Never forget that the people spreading the propaganda, making the decisions, demanding blood, sending millions to their deaths - they are never the ones doing the dying. And neither are their children. If your government forces you to die in a war, you need to fight back.

“There is no certainty, only opportunity.”

If you stay 100% technical, you will quickly see that news does not matter 95% of the time.

The world will hand you a script for your life. Follow it, and it will kill you quietly. The only path to a real life is the violent, costly, necessary act of becoming yourself—before it's too late.

preach instagram.com/reel/DWFBDUWiV…

@WhiteHouse The only thing Americans should be able to agree on is what a total embarrassment it is for The White House social media accounts to be posting stuff like this. Have some respect for the lives lost and the seriousness of war. Not a shred of dignity is left in the Trump office.

For more than a year the world had to deal with tariff tantrums. During that time, real damage was done to global trade relationships and to alliances that took decades to build. Then, after months of confrontation, deals finally start getting made and tariffs are essentially walked back by roughly 90%. But just as tensions begin to ease, the United States strikes the single most sensitive commodity risk for its own allies: Gulf oil stability. So let’s recap. NATO partners were pressured for over a year. They absorbed the economic cost of keeping Russia at bay, including limiting access to cheap Russian energy. Then the United States moves to attack Iran, reportedly based on intelligence coming from outside the government. The result? NATO allies and Gulf partners suddenly face massive instability in the very region they depend on for energy. Europe already took economic damage by distancing itself from Russian oil and gas. Now the Gulf, the alternative source, becomes destabilized. And at the same time, Washington begins discussing reopening Russian oil flows that Europe could theoretically have accessed all along. What is happening! It risks undermining trust across the entire alliance system and severely damaging U.S. credibility with both NATO and Gulf partners. And instead of correcting course, the response appears to be doubling down. How on earth are any of our partners going to see us as a table partner to trust and do business with! Outrageous. I'm posting like this now because we are so deep in it now that the only way to stop in my view is through public outrage.

BREAKING: The world is now experiencing its largest oil supply shock in history, losing nearly 20 million barrels of oil supply per day. Top oil supply shocks: 1. Hormuz Closure (NOW): -20 million b/d 2. Iranian Revolution (1978): -5.5 million b/d 3. Yom Kippur War (1973): -4.5 million b/d 4. Iraq-Kuwait War (1990): -4.3 million b/d 5. Iran-Iraq War (1980): -4.0 million b/d 6. Russia-Ukraine War (2022): -2.0 million b/d The current supply shock is roughly the same size as the top 2-6 COMBINED.

youtube.com/watch?v=R6T-Ea… Robots will become the symbol of Chinese dominance in the 21st century.

AI "art" will never hit the spot like human made art because it lacks soul. It will always be average. Like Hollywood movies and modern pop music. It could become very profitable. But it will never be art. Because it is nothing new. It is just aggregated slop of human creation.