A decade ago I was in my car at a stoplight, and there was a bunch of seagulls eating a discarded bag of fast food in the intersection.

When the light turned green, the car in front of me went slowly to give the seagulls a chance to fly away, but they didn't. Instead, the car's tire just slowly ran over a whole pile of seagulls, who just kept going after the fast food as they were run over. I just watched horrified as this played out.

Every once in a while, I just wonder why the seagulls never got out of the way despite how slow the threat was.

Anyway, looking at the bond market reminded me of this again today.

this quote reminds me of chess and is one of the reasons chess is such a beautiful game.

in chess, when you move a piece, you’re attacking new squares but also losing influence over the squares you were attacking before. you see?

chess is the art of seeing yourself forward. the calculation muscle that’s constantly evaluating the gain and loss to every move.

in life we’re constantly doing this by the way. taking risk, all day every day. more than you think.

you need to go to a higher up floor. do you want to take the elevator or the stairs? the stairs are probably safer but you lose time and energy. the elevator is easier but is a man made machine with potential dangerous risks. ok well are we going to floor 2 or floor 100? am i healthy or do i have health issues? you evaluate; you choose.

there are no moves in both chess and life with only gain and no loss. for this reason, both chess and life are nothing you can master or finish. it’s an art you develop as the artist