WM 28 May 2023
Quotes If you're not winning, you're losing. Lessons & thoughts Feynman: if you want to learn, teach In teaching/leading Compounding vs tax the 80/20 rule Mindset Skills Hobbies Time is an illusion, energy is what matters Artificial intelligence vs human stupidity Keeping up with the Jones CAPM Elliott Wave Investors Baruch Zweig Trading stop loss Breakout Trend following Market timing Trading plan Trading indicators Trading iceberg Livermore Hype Macro news Money M2 Fed balance sheet Liquidity Lending standards Banks holding of treasuries Households net worth Federal costs of debt now > defence spending GDP Demographics Deglobalising world Social unrests War Trust in the news CPI Unemployment Yield curve & asset allocation FX Precious metals Crypto Lots of wishful thinking and hopes in Bitcoin ("halving next year") Fixed income Real estate Equities In the long run, equities rule Holding period Go...