Lines on charts become lines on people’s faces in this game
In a liquid market with continuous pricing, all losses are permanent.
There’s a saying in Texas – if you don’t like the weather just wait a little while
You should have $1,000,000 before you buy a new Beamer or a Benz.
It’s important that investors keep up with current developments and those that will shape the future. But it’s also essential that they not completely unlearn the lessons of the past.
You can be wrong even when you get it right.
If you brag about your outperformance against public market benchmarks when things are good, you also own it when it’s bad.
Base rates are perfectly sub optimal
Who’s gonna make financial service better?
Non-solution to a non-problem
Our work preferences and our life preferences do not stay the same, because we do not stay the same