The first time that you see a bare market and you actually get greedy, you know that you have done very, very well. If you can keep your head while all those around you are losing theirs, i mean, that's the attitude of doing well. I want to move on a little bit to mental models. I hate the term because everybody's using it now. But ok, we're going to use it. It's become a term of art. And more importantly, everyone knows what we'retalking about when we're talking about metal models. So i got all eglwods can save your life, absolutely. All my listeners know my strategy might not be right for you
As Chamath Palihapitiya put it back in April 2021, 10-K Diver is “one of the best fintwit accounts on Twitter.” 10-K Diver loves breaking down complex financial topics and helping people understand them via engaging Twitter threads. You can follow 10-K Diver on Twitter at https://twitter.com/10kdiver and read all his threads at https://10kdiver.com/twitter-threads/ Show Notes:
- Curating aggressively
- Is there a long term plan?
- Reasoning from the first principles
- Volatility tax
- Do markets have a memory?
- Financial Independence, Retire Early (FIRE)
- Mental models for investing
- Premeditating
- Jim’s GIF game
- Is it a Lindy or a turkey?
- The ‘Money Concepts’ show
- Benefits and pitfalls of leverage
- What’s next for the 10-K diver?
Books Mentioned:
- Reminiscences of a Stock Operator; by Edwin Lefèvre
- Happy; by Derren Brown