There’s a local wine store, and I’m going to go look for some Peony Lane tonight. We’ll be consistent customers 🤝
The United States cannot fall — powered by bitcoin, we will inspire and lead a peaceful and moral revolution of the West, if God wills it.
58k is a blessing and should be treated reverently. Accumulation season.
As I progress through my Master of Finance program, I’ve been continually bamboozled as to why Tradfi equates volatility with risk, even if that volatility is to the upside.
But then it clicked for me — many investors are highly levered and can’t afford the downward volatility without being wiped out.
Avoiding leverage is almost heretical in the current financial paradigm (why *wouldn’t* you long assets and short devaluing dollars?), but doing so allows investors to be anti-fragile — that is, to become strengthened from the volatility.
Volatility isn’t risk; it’s opportunity.
#bitcoin
Stag 🤝 flation
nostr:note1gg4cjz4832ma9eedhfuanzl8luu3apgm994446pd05p7hfa3rkts8d2uyk
I would imagine there’s a similar forcing function for you as a Hedge Fund Manager. Most fund managers aim to outperform typical benchmarks like the S&P500, but you have the almost impossible task of trying to outperform Bitcoin.
Having the appropriate unit of account / understanding of the cost of capital (bitcoin) helps in a variety of ways. For example, we’ve compared every financial decision we’ve had to the opportunity cost of Bitcoin. This has forced us to be extremely judicious with our decisions, overall improving the quality of our allocations.
And now it is our duty to ensure its viability, security, and longevity. 🔥
100 pushups a day until $0.1M
Hard body; hardest money ever #bitcoin
Gm nostr fam ☕️
It is an honor to be building a better, freer world with you all.
Nostr has made unbelievable progress in just one year — excited to see it disrupt centralized social media platforms in a decade.
Everything in life that’s worth having is on the other side of proof of work 💪
Remember: there’s a cohort of people taking the other side of those trades. You will be freer, happier, healthier, and wealthier than them.
But you have to put in the work.
Blessed is He who has found His Work, for His Labor has Purpose.
#bitcoin
Trying to time the market is a fool’s errand.
If you missed the market’s 10 best days over the past 30 years, your returns would have been cut in half. And missing the best 30 days would have reduced your returns by an astonishing 83%.
There are 252 trading days in 1 year; in 30 years, there are 7,560 trading days.
As an investor, you had a 0.13% chance of correctly anticipating the 10 most profitable days with a 99.86% chance of missing out on 50% of returns.
You had a 0.39% chance of correctly anticipating the 30 most profitable days with a 99.61% chance of missing out on 83% of returns.
Clearly, the best risk-adjusted method for optimal return on investment is time in the market, not timing the market.
Proof of touching grass.
Christ’s glory is everywhere for those with eyes to see.
Oceans are way overrated.
Mountains are the premier natural landscape. God can be found anywhere, but Man has a tendency to find him in the mountains.