Archive
Mission 3.25 Target
“Remember to conduct yourself in life as if at a banquet. As something being passed around comes to you, reach out your hand and take a moderate helping. Does it pass you by? Don’t stop it. It hasn’t yet come? Don’t burn in desire for it, but wait until it arrives in front of you. Act this way with children, a spouse, toward position, with wealth—one day it will make you worthy of a banquet with the gods.” - Epictetus, Enchiridion, 15
Mission 2.25 Target
“When we say that pleasure is the end, we do not mean the pleasure of the profligate or that which depends on physical enjoyment—as some think who do not understand our teachings, disagree with them, or give them an evil interpretation—but by pleasure we mean the state wherein the body is free from pain and the mind from anxiety”- Epicurus
Mission 51.24 Target
““Discipline is not a punishment, it’s a way to avoid punishment. We do it because we love ourselves, we value ourselves and what we do. And we find, conveniently enough, that it also heightens our enjoyment of things as well. Indeed, the person content with less, who can enjoy a small pot of cheese as if it were a culinary bounty, is much more easily satisfied and much better able to find good in all situations.”Excerpt FromDiscipline Is Destiny”
Mission 50.24 Target
“Were all the geniuses of history to focus on this single theme, they could never fully express their bafflement at the darkness of the human mind. No person would give up even an inch of their estate, and the slightest dispute with a neighbor can mean hell to pay; yet we easily let others encroach on our lives—worse, we often pave the way for those who will take it over. No person hands out their money to passersby, but to how many do each of us hand out our lives! We’re tight-fisted with property and money, yet think too little of wasting time, the one thing about which we should all be the toughest misers.”—SENECA, ON THE BREVITY OF LIFE, 3.1–2”
Mission 47.24 Target
"Trades don’t have to start based on fundamentals. If you wait until you can find out the reason for the price move, it can be too late. A great Soros quote is “Invest first; investigate later.” You don’t want to get fixated on always needing a nice story for the trade. I am an empiricist at heart. The unfolding reality trumps everything.”- Excerpt From Hedge Fund Market Wizards Jack D. Schwager
Mission 45.24 Target
The document discusses recent market trends, highlighting a cautious repositioning as the S&P 500 and Nasdaq declined, influenced by election uncertainty and economic policy shifts. It examines the implications of potential "Trump" and "Kamala" trades, the impact of tariffs on stagflation, and the upcoming earnings reports from nearly 5,000 companies alongside a Federal Reserve rate decision. Additionally, it reviews Twilio's strong earnings and guidance revisions, and Globalstar's significant partnership with Apple, suggesting potential M&A opportunities. The document emphasizes the importance of risk management and portfolio flexibility amid heightened market volatility.