vomit

because alpha is inherently personal, therefore not everything that counts can be counted. however, some degree of meaningful work can be (narrow repeatable and quantifiable tasks ideally) and that is where AI excels. the result?

because there is little to zero room for alpha generation to differentiate yourself from the pack.

gambling without edge is— know the difference.

because success erodes asymmetry. as a result, your expected value paradoxically diminishes the more successful you become. this is primarily attributed to your risk-to-reward dropping at a rate that your improved win rate (given you are now more capable…

because the discipline of investing is rooted in the idea of allocating resources now to get more back later. therefore, it doesnt matter whether you are long or short—you are inherently optimistic that your tomorrow will be brighter than your today. if n…

so, you got it pretty good.

whenever i get asked by someone if they should 'try' trading my gut instinctively wants me to scream one word at them— and its not that i think these people are incapable of figuring it out. rather, it entirely has to do with the fact that i never asked f…

a loser is someone who is failing to succeed; a bum is someone who fails to try. one is a necessary condition to become your best self, the other is a necessary condition to become your worst self—ill let you figure out which is which.

any review process is done for the sole purpose of creating a feedback loop to enable learning over time. therefore, the shorter you can create the loop (without 'overfitting'), the rate at which you learn will also increase, as an inevitable consequence.…

ruthlessly truth-seeks, relentlessly self-improves, applies great urgency (when needed), and avoids disaster, at all costs. how do they do it?