WM 27 November 2021
Quotes The perfect portfolio never trades Question everything Less is more Lessons & Thoughts Sometime weeks feel like years and days feel like weeks. Time is a relative illusion. In markets, catalysts are the ultimate time compressors. When Stanley Druckenmiller speaks, listen Defensive stocks Read, read, read The evolution of language says a lot about how a society thinks and evolves. In French, the disappearance of grammatical pasts and subjunctives indicates thoughts focused on the present rather than time projections. Complex thinking is evaporating / melting in front of our eyes. The poorer the language be it in the form of vocabulary (text) or grammar (context), the poorer the thoughts. There is no critical thinking without thinking. The Fourth Turning In the book the Fourth Turning, history is pictured as a secular cycle of four generations. 1 generation spans a quarter of a human being's life span or c. 20 years. A cycle can be pictured as conflict betwe...