A simple principle applies universally — to your endeavor in financial markets, careers, lifestyles, and relationships.
@jfsrevg Why does every quote in the last 3 months end with “read that again”
@jfsrevg Greatest saying I have heard in a while! Love the Japanese.
@jfsrevg The problem is most people have trouble recognizing they’ve got on the wrong train.
@jfsrevg I would say something like, the longer it takes to get off the wrong track and back on the right track...
@jfsrevg Have you read Quit by Annie Duke? You’d like it I think
@jfsrevg True story: this was the last thing I saw before I headed into a tutoring meeting with an SAT student 1.5hrs ago He's the type of tester who relies on academic strength and has needed me to teach him strategic flexibility for those questions that he can't outmuscle...
@jfsrevg What? That grammar doesn't check out. English please.
@jfsrevg I came up with one: walking the dog. I want to reach a street lamp 50m in front of me. I have to get there by doing 30steps to front and 70 steps to the back...how do I do it? (ok, neighbours thing I am stupid when they see me actually doing it).
@jfsrevg It's so true...and it makes sense in trading... but what are tje indices that you're in the wrong train? By the time you realize that...the train has gone so far....
@jfsrevg Stock market is like a train driven by a drunk driver—wildly unpredictable. We're like passengers trying to guess which way it'll swerve, betting on patterns that worked before but might totally fail tomorrow. It's a wild ride with no guaranteed map and requires a bayesian mind