正在加载视频...

视频加载失败

加载此视频时出现问题。这可能是由于临时网络问题，或视频可能不可用。

𝗦𝗵𝗼𝘂𝗹𝗱 𝘆𝗼𝘂𝗻𝗴 𝗶𝗻𝘃𝗲𝘀𝘁𝗼𝗿𝘀 𝗮𝗹𝗹𝗼𝗰𝗮𝘁𝗲 𝟭𝟬𝟬% 𝘁𝗼 𝗨.𝗦. 𝘀𝘁𝗼𝗰𝗸𝘀? "I definitely recommend young people go 100% in stocks on their investment portfolio." "But as you get older, you should be more risk averse actually, because you have left time to recover and your human capital gets diminished." -- Roger Ibbotson... show more

Meb Faber

143,938 subscribers

13,319 次观看 • 9 天前 •via X (Twitter)

Anya Rossi• Live Now

Private livecam show

21 条评论

Global Investor 的头像

Global Investor9 天前

Very solid advice from this legend. The optimal strategy for young people might even be a higher allocation to equities, like 150%

Vae Victis 的头像

Vae Victis9 天前

Stocks sure, US stocks, not so much.

Mike (Michael) Petry 的头像

Mike (Michael) Petry8 天前

Meb, the interesting part for me is that age itself isn't really the risk variable, time and dependence on the portfolio are. Someone with decades of earning power ahead of them can often tolerate volatility very differently from someone who needs the portfolio to fund life today. Human capital is a form of wealth too, and we don't talk about it nearly enough when discussing asset allocation.

William M 的头像

William M8 天前

shallow advice but just my opinion

Larry Siegel 的头像

Larry Siegel9 天前

less time, not left time.

Curt Morrison, MD, FACC 的头像

Curt Morrison, MD, FACC8 天前

100% stocks for the young, perhaps, but not 100% US stocks.

Mark Map 的头像

Mark Map8 天前

5/ Small & large value stocks ( size, value and quality "returns factors") are added for broader diversification and an offset to the QQQs downside volatility ( such as during the 2000-02 & 2022 decline periods ).

Ito 的头像

Ito9 天前

Worked out: $10k a year for 40 years at 7% ends near $2.14M. A 50% crash in year 1 leaves $2.06M. The same crash in year 39 leaves $1.07M. Same crash, one costs 4%, the other half.

Mark Map 的头像

Mark Map8 天前

3/ Since 1986, a portfolio of small & large "value" stocks and the Nasdaq100/QQQ has produced 80%+ more return, on average, versus the S&P500 and 4X the returns of the Total World Market Index, with equivalent risk, over eleven rolling 30 yr periods

JB 的头像

JB9 天前

You and @mozlyxy are my go-to finance accounts for these allocation debates. Always useful perspective.

Mark Map 的头像

Mark Map8 天前

2/ Therefore, investment in a science and academics portfolio - one that can produce a higher return versus just the "S&P500" - may be required to overcome these headwinds.

Mike Zaccardi, CFA, CMT 🍖 的头像

Mike Zaccardi, CFA, CMT 🍖9 天前

No emergency fund?

Mark Map 的头像

Mark Map8 天前

1/ The modern era is fraught with headwinds that can undermine the ability to build "enough" wealth for a decent retirement ( job and wage insecurity, rising costs of living, inadvertent care taking of family members, hardship withdrawals, crazy authoritarians, etc. )

Alex DeWolf 的头像

Alex DeWolf9 天前

The math checks out for early accumulation, but ignoring global diversification leaves massive growth potential on the table

Rafa@SeekingHarbors 的头像

Rafa@SeekingHarbors9 天前

NO! While it would make sense for the average young person, each of them will have more variability: each will endure more life accidents: Oops, I got fired; oops, I got sued; oops, we got pregnant; oops, oops. Each will need some liquid, accessible savings; not all volatile.

Avi Arbesfeld 的头像

Avi Arbesfeld9 天前

Charley Ellis too if not mistaken

KunitiTrading 的头像

KunitiTrading9 天前

Age-based de-risking is often expressed as a simple equity/bond glide path, but a systematic portfolio can also define risk in terms of expected drawdown, concentration, correlation, and liquidity. The relevant research question is how each strategy changes the portfolio’s failure modes as capital preservation becomes more important—not whether every allocation should follow the same age rule.

TheRealJohn 的头像

TheRealJohn9 天前

From a purely asset allocation POV, no way. But the tax efficiency POV, hard to argue with.

James Bennett 的头像

James Bennett9 天前

Time horizon, risk management, and staying disciplined matter more than following a single formula — something @artjlynch3 always emphasizes. 📊

Mark Map 的头像

Mark Map8 天前

4/ - 30+ years being a typical accumulation stage investment horizon. This portfolio exploits the "capitalization weighting" design of the Nasdaq100/QQQ - the same Darwinian stock selection approach that has made the S&P 500 index so "unbeatable" over the last 60 years

Mark Map 的头像

Mark Map8 天前

6/ Certainly the risk averse feature may come in to play at some point. However, maximizing the early compounding decades of portfolio growth with the maximal growth portfolio can solve for a deficit in retirement funding if having used a "sub par" accumulation stage portfolio

相关视频

"I prefer to be either in a really hot sector or just in the growth names..." – Kristjan Kullamägi 🇺🇦 KQ puts a lot more emphasis on fundamentals, or the theme/story than many may think. Check out this clip where he talks more about it. "Even if you get a good setup on a random stock, it's probably not worth it. Especially if you can choose from like these growth stocks...like if you have plenty of growth stocks and then you have some random stocks, focus on the growth stocks, because earnings are fuel." – Kristjan Kullamägi 🇺🇦 "You need a reason for something to go up, stocks don't go up just because there's a certain pattern to it, ok? You find the stocks that have a reason to go up and then you look for patterns on those stocks, because patterns are just something that can increase your odds of success and maximize your risk/reward." – Kristjan Kullamägi 🇺🇦

"I prefer to be either in a really hot sector or just in the growth names..." – Kristjan Kullamägi 🇺🇦 KQ puts a lot more emphasis on fundamentals, or the theme/story than many may think. Check out this clip where he talks more about it. "Even if you get a good setup on a random stock, it's probably not worth it. Especially if you can choose from like these growth stocks...like if you have plenty of growth stocks and then you have some random stocks, focus on the growth stocks, because earnings are fuel." – Kristjan Kullamägi 🇺🇦 "You need a reason for something to go up, stocks don't go up just because there's a certain pattern to it, ok? You find the stocks that have a reason to go up and then you look for patterns on those stocks, because patterns are just something that can increase your odds of success and maximize your risk/reward." – Kristjan Kullamägi 🇺🇦

Charlie M

54,681 次观看 • 2 年前

If you're young, your savings are the smallest piece of your real net worth: Victor Haghani explains: "A young person might have $200k saved — and $5 million of human capital." "Their future earnings dwarf the portfolio. The savings are a tiny slice of total wealth." "So they could take 50% risk on that $200k and it's still small against $5.2M." "That's exactly why 'take more risk when you're young' is true." "But it has to be systematic risk — and there's a real limit on how far you can lever it." "Because the cost of leverage is just ridiculously high."

If you're young, your savings are the smallest piece of your real net worth: Victor Haghani explains: "A young person might have $200k saved — and $5 million of human capital." "Their future earnings dwarf the portfolio. The savings are a tiny slice of total wealth." "So they could take 50% risk on that $200k and it's still small against $5.2M." "That's exactly why 'take more risk when you're young' is true." "But it has to be systematic risk — and there's a real limit on how far you can lever it." "Because the cost of leverage is just ridiculously high."

Ethan Kho

32,099 次观看 • 3 个月前

.tylercowen and Nabeel S. Qureshi on mentorship: Tyler - "We should all do menteeship more. You become older, successful, established, and you think, 'Oh, I don't need mentors,' it's totally wrong." "You need more mentors than ever before, and they should be younger, especially with AI." Nabeel - "I'm in my 30s now, and I meet people in their early 20s much smarter than me at certain things." "You have to make this conscious shift because it's rare to find in older people that they have that degree of low ego."

.tylercowen and Nabeel S. Qureshi on mentorship: Tyler - "We should all do menteeship more. You become older, successful, established, and you think, 'Oh, I don't need mentors,' it's totally wrong." "You need more mentors than ever before, and they should be younger, especially with AI." Nabeel - "I'm in my 30s now, and I meet people in their early 20s much smarter than me at certain things." "You have to make this conscious shift because it's rare to find in older people that they have that degree of low ego."

Dialectic with Jackson Dahl

30,115 次观看 • 2 个月前

Do you agree with James David Vance (JD Vance) that "When you go to the polls in this country, as a parent, you should have more power. You should have more of an ability to speak your voice in our democratic republic than people who don't have kids. Let's face the consequences and the reality: if you don't have as much of an investment in the future of this country, maybe you shouldn't get nearly the same voice now."

Do you agree with James David Vance (JD Vance) that "When you go to the polls in this country, as a parent, you should have more power. You should have more of an ability to speak your voice in our democratic republic than people who don't have kids. Let's face the consequences and the reality: if you don't have as much of an investment in the future of this country, maybe you shouldn't get nearly the same voice now."

Simon Ateba

127,994 次观看 • 2 年前

🐧: boyfriend girlfriend.. 🩵: don't have 🐧: you said you don't have? Then get one! You can do it! Why can't you? Don't talk nonsense! Get a girlfriend, a boyfriend! Go on a date! And be happy! I will be cheering for your lives. I want you to be happy. Of course you can like me, and I like you too, but you should like your boyfriend or girlfriend more. Thank you 😂😂

🐧: boyfriend girlfriend.. 🩵: don't have 🐧: you said you don't have? Then get one! You can do it! Why can't you? Don't talk nonsense! Get a girlfriend, a boyfriend! Go on a date! And be happy! I will be cheering for your lives. I want you to be happy. Of course you can like me, and I like you too, but you should like your boyfriend or girlfriend more. Thank you 😂😂

nilam

126,406 次观看 • 9 个月前

Jasontheween, Tbvnks Dub & Pudgie gave their takes on Twitch & Kick streamers that viewbot to inflate their live viewer count 👀 Jason: "People on Twitch bot 100%...Just don't bot" Tbvnks: "If you average 1.5k viewers and you bot yourself to 2k to get more discoverability and when you actually hit 2k real viewers and you stop viewbotting, I will respect that more than if you have 1.5k and you bot it to 8k because you are trying to be somebody you're not"

Jasontheween, Tbvnks Dub & Pudgie gave their takes on Twitch & Kick streamers that viewbot to inflate their live viewer count 👀 Jason: "People on Twitch bot 100%...Just don't bot" Tbvnks: "If you average 1.5k viewers and you bot yourself to 2k to get more discoverability and when you actually hit 2k real viewers and you stop viewbotting, I will respect that more than if you have 1.5k and you bot it to 8k because you are trying to be somebody you're not"

TypedKid

15,879 次观看 • 20 天前

Flood explains why you should separate your capital into 3 different buckets if you're trading for a living "You should separate it between this is my actively deployed trading capital, this is my long term buy and hold portfolio if I go through periods where I don't have alpha and I don't know it, which is very scary, and then you should also have capital set aside for living expenses, that way you're not commingling the 3.” “I think a lot people put themselves under unnecessary duress because they're not able to bifurcate their capital into different buckets."

Flood explains why you should separate your capital into 3 different buckets if you're trading for a living "You should separate it between this is my actively deployed trading capital, this is my long term buy and hold portfolio if I go through periods where I don't have alpha and I don't know it, which is very scary, and then you should also have capital set aside for living expenses, that way you're not commingling the 3.” “I think a lot people put themselves under unnecessary duress because they're not able to bifurcate their capital into different buckets."

Kai

17,269 次观看 • 6 个月前

Flood explains the paradoxical mindset required to make hundreds of millions “You must be hyper-aware of the capital you’re playing with and understand that no job could reasonably make it back.” “But you also need to be numb enough to let your bets play out and press when you believe you have alpha.” “With a larger portfolio, you constantly ask whether an opportunity deserves your limited time, attention and capital.” “Your risk-reward becomes thinner because of slippage. It comes down to shot selection: Do I have alpha, and is the outcome big enough to matter?”

Flood explains the paradoxical mindset required to make hundreds of millions “You must be hyper-aware of the capital you’re playing with and understand that no job could reasonably make it back.” “But you also need to be numb enough to let your bets play out and press when you believe you have alpha.” “With a larger portfolio, you constantly ask whether an opportunity deserves your limited time, attention and capital.” “Your risk-reward becomes thinner because of slippage. It comes down to shot selection: Do I have alpha, and is the outcome big enough to matter?”

Umar

44,179 次观看 • 7 天前

Mikal Bridges says he lifts immediately after NBA games to teach himself he has more in the tank “If my body feels good, I got enough energy, my body’s system is already warm. It kind of also shows you how much mentally your body can do. You might think you could play a full game and you’ve given your best and, ‘I can’t do nothing else.’” “It shows you that your brain mentally, if you just go do it, you can give actually way more than you think. Like, I actually have stuff in the tank. Even though you play a full game and you’re tired, you think, ‘I have nothing left.’ But then you go put in this lift.” “Mentally, you’re just like… ‘Hey, Jalen, I dropped 20 last night and I bench pressed.’ If I have all this adrenaline still, why not lift? And you have the most amount of time to recover if you get the lift in right after the game.”

Mikal Bridges says he lifts immediately after NBA games to teach himself he has more in the tank “If my body feels good, I got enough energy, my body’s system is already warm. It kind of also shows you how much mentally your body can do. You might think you could play a full game and you’ve given your best and, ‘I can’t do nothing else.’” “It shows you that your brain mentally, if you just go do it, you can give actually way more than you think. Like, I actually have stuff in the tank. Even though you play a full game and you’re tired, you think, ‘I have nothing left.’ But then you go put in this lift.” “Mentally, you’re just like… ‘Hey, Jalen, I dropped 20 last night and I bench pressed.’ If I have all this adrenaline still, why not lift? And you have the most amount of time to recover if you get the lift in right after the game.”

Josh Chambers

169,896 次观看 • 23 天前

In today's episode of "you should own nothing and be happy", we have Florida governor Ron DeSantis saying the problem is that old people aren't trading in their bigger homes for smaller homes. He phrases it as a tax issue, but the underlying statement here is he's saying that as you get older you should have to sell your forever home and move to The Villages to get 19 STDs because...reasons? “You’ve got older people that have been in their home for a long time. They've had protection against valuation increases for 30 years. They're not downsizing because if they go from a three or four bedroom home to a condo, the tax basis is going to be so much higher that they can't afford it" Maybe, just maybe Ron, after someone has spent 30 years paying for their home, they should be able to stay in it if they want.

In today's episode of "you should own nothing and be happy", we have Florida governor Ron DeSantis saying the problem is that old people aren't trading in their bigger homes for smaller homes. He phrases it as a tax issue, but the underlying statement here is he's saying that as you get older you should have to sell your forever home and move to The Villages to get 19 STDs because...reasons? “You’ve got older people that have been in their home for a long time. They've had protection against valuation increases for 30 years. They're not downsizing because if they go from a three or four bedroom home to a condo, the tax basis is going to be so much higher that they can't afford it" Maybe, just maybe Ron, after someone has spent 30 years paying for their home, they should be able to stay in it if they want.

BonkDaCarnivore

22,277 次观看 • 7 个月前

$9 Billion Bitwise CIO Matt Hougan tells Coindesk that more and more people are adding Bitcoin & crypto to their investment portfolio: "Governments get out of this is by inflating away the debt. In that case, Bitcoin is the fastest horse. So you want to own that." "I think to have 0% percent in Bitcoin at this point is a misallocation and puts you at risk in the future."

$9 Billion Bitwise CIO Matt Hougan tells Coindesk that more and more people are adding Bitcoin & crypto to their investment portfolio: "Governments get out of this is by inflating away the debt. In that case, Bitcoin is the fastest horse. So you want to own that." "I think to have 0% percent in Bitcoin at this point is a misallocation and puts you at risk in the future."

Altcoin Daily

86,296 次观看 • 22 天前

The Onion Theory of Risk by Marc Andreessen: "I think the single biggest thing entrepreneurs are missing, both on fundraising and how they run their companies, is the relationship between risk and cash. The relationship between risk and raising cash, and then the relationship between risk and spending cash. So I've always been a fan of something that Andy Ratcliffe taught me years ago, which he called the onion theory of risk. Um, which basically is, you can think about a startup like on day one, um, as having every conceivable kind of risk, right? And you can basically just make a list of the risks. And so you've got, you know, founding team risk. You know, do the founders, are the founders gonna be able to work together? Do you have the right founders? You're gonna have product risk. You know, can you build a product? You'll have technical risk, right? Which is maybe you need a machine learning breakthrough or something to make it work. Are you gonna be able to do that? Um, you'll have, you know, launch risk. Will the launch go well? You'll have, you know, market acceptance risk. You'll have revenue risk. A big risk you get into in a lot of businesses that have a sales force is, can you actually sell the product for enough money to actually pay for the cost of sale? So you have the cost of sale risk. If you're a consumer product, you'll have a viral growth risk. Well, you get the thing of viral growth. And so, a startup at the very beginning is basically just this long list of risks. And then the way that I always think about running a startup is also the way I think about raising money, which is it's a process of peeling away layers of risk as you go. And so you raise seed money in order to peel away the first two or three risks. The founding team risk, the product risk, and maybe the initial launch risk. You raise the A round to peel away the next level of product risk. Maybe you peel away some recruiting risk because you get your full engineering team built. Maybe you peel away some customer risk because you get your first five beta customers. And so basically the way to think about it is you're peeling away risk as you go. You're peeling away risk by achieving milestones. And then as you achieve milestones, you're both making progress in your business, and you're justifying raising more capital. And so you come in, and you pitch somebody like us, and you say you're raising a B round. The best way to do that with us is you say, okay, I raised a seed round, I achieved these milestones, I eliminated these risks. I raised the A round, I achieved these milestones, and I eliminated these risks. Now I'm gonna raise a B round. Here are my milestones, here are my risks. And then by the time I go to raise a seed round, here's the state that I'll be in. And then you calibrate the amount of money that you raise to spend to the risks that you're pulling out of the business. And I go through all this, in a sense this sounds kind of obvious, but I go through all this because it's a systematic way to think about how the money gets raised and deployed. As compared to so much of what's happening, especially these days, which is just, my God, let me go raise as much money as I can. Let me go build the fancy offices, let me go hire as many people as I can, and just kind of hope for the best."

The Onion Theory of Risk by Marc Andreessen: "I think the single biggest thing entrepreneurs are missing, both on fundraising and how they run their companies, is the relationship between risk and cash. The relationship between risk and raising cash, and then the relationship between risk and spending cash. So I've always been a fan of something that Andy Ratcliffe taught me years ago, which he called the onion theory of risk. Um, which basically is, you can think about a startup like on day one, um, as having every conceivable kind of risk, right? And you can basically just make a list of the risks. And so you've got, you know, founding team risk. You know, do the founders, are the founders gonna be able to work together? Do you have the right founders? You're gonna have product risk. You know, can you build a product? You'll have technical risk, right? Which is maybe you need a machine learning breakthrough or something to make it work. Are you gonna be able to do that? Um, you'll have, you know, launch risk. Will the launch go well? You'll have, you know, market acceptance risk. You'll have revenue risk. A big risk you get into in a lot of businesses that have a sales force is, can you actually sell the product for enough money to actually pay for the cost of sale? So you have the cost of sale risk. If you're a consumer product, you'll have a viral growth risk. Well, you get the thing of viral growth. And so, a startup at the very beginning is basically just this long list of risks. And then the way that I always think about running a startup is also the way I think about raising money, which is it's a process of peeling away layers of risk as you go. And so you raise seed money in order to peel away the first two or three risks. The founding team risk, the product risk, and maybe the initial launch risk. You raise the A round to peel away the next level of product risk. Maybe you peel away some recruiting risk because you get your full engineering team built. Maybe you peel away some customer risk because you get your first five beta customers. And so basically the way to think about it is you're peeling away risk as you go. You're peeling away risk by achieving milestones. And then as you achieve milestones, you're both making progress in your business, and you're justifying raising more capital. And so you come in, and you pitch somebody like us, and you say you're raising a B round. The best way to do that with us is you say, okay, I raised a seed round, I achieved these milestones, I eliminated these risks. I raised the A round, I achieved these milestones, and I eliminated these risks. Now I'm gonna raise a B round. Here are my milestones, here are my risks. And then by the time I go to raise a seed round, here's the state that I'll be in. And then you calibrate the amount of money that you raise to spend to the risks that you're pulling out of the business. And I go through all this, in a sense this sounds kind of obvious, but I go through all this because it's a systematic way to think about how the money gets raised and deployed. As compared to so much of what's happening, especially these days, which is just, my God, let me go raise as much money as I can. Let me go build the fancy offices, let me go hire as many people as I can, and just kind of hope for the best."

Founder Mode

106,909 次观看 • 9 个月前

Martin about their light stick🥹❤️ 🦒: I personally think it's really cool. Because it's simple, it actually shines more... you might not get it right now, but as time goes by you'll be like oh, it's actually cool 🦒: It's natural to feel some resistance at first when you see something new. But eventually, once you get used to it, your feelings will change

Martin about their light stick🥹❤️ 🦒: I personally think it's really cool. Because it's simple, it actually shines more... you might not get it right now, but as time goes by you'll be like oh, it's actually cool 🦒: It's natural to feel some resistance at first when you see something new. But eventually, once you get used to it, your feelings will change

cip✮

91,478 次观看 • 2 个月前

ELON MUSK: "Space solar actually costs less than terrestrial solar because you don't need heavy glass or framing to protect it from extreme weather events. So as soon as the cost to orbit drops to a low number, it immediately makes extremely compelling sense to put AI in space. It becomes a no brainer. Basically, more of a as you go to space, you get increased economies of scale, and things get easier over time, whereas as you try to put more and more power on the ground, you run out of space and you start using up the easy spots, and then you get next level. Nobody wants the thing in their backyard. So then increasing power on earth has becomes harder over time and more expensive over time, but in space it becomes actually cheaper and easier over time."

ELON MUSK: "Space solar actually costs less than terrestrial solar because you don't need heavy glass or framing to protect it from extreme weather events. So as soon as the cost to orbit drops to a low number, it immediately makes extremely compelling sense to put AI in space. It becomes a no brainer. Basically, more of a as you go to space, you get increased economies of scale, and things get easier over time, whereas as you try to put more and more power on the ground, you run out of space and you start using up the easy spots, and then you get next level. Nobody wants the thing in their backyard. So then increasing power on earth has becomes harder over time and more expensive over time, but in space it becomes actually cheaper and easier over time."

DogeDesigner

19,058,361 次观看 • 6 个月前

Some of you haven’t been touched in years, and instead of letting that reality wake you up, you found ways to numb it. Screens, fantasy, comfort. I get it, but at some point you have to decide if you want to cope… Or actually change something. Because life won’t come find you in your room: you have to step into it. Full video is on youtube.

Some of you haven’t been touched in years, and instead of letting that reality wake you up, you found ways to numb it. Screens, fantasy, comfort. I get it, but at some point you have to decide if you want to cope… Or actually change something. Because life won’t come find you in your room: you have to step into it. Full video is on youtube.

Command Within | Build Self-Command

133,218 次观看 • 5 个月前

Legal immigrants are enraged because people think they should have compassion on illegals who cheated the system “You think that my taxpayer money that I work so hard for, my salary gets cut, you think that money should go to people who cheated the system and are here illegally being a criminal?! You think I should pay for their healthcare? Are you out of your freaking mind?!”

Legal immigrants are enraged because people think they should have compassion on illegals who cheated the system “You think that my taxpayer money that I work so hard for, my salary gets cut, you think that money should go to people who cheated the system and are here illegally being a criminal?! You think I should pay for their healthcare? Are you out of your freaking mind?!”

TONY™

1,972,498 次观看 • 11 个月前

Asmongold explains why he thinks you should be able to get an abortion at any time, and compares it to the Second Amendment “My position is that you should be able to have an abortion at any time. Not because I like abortions, but because I don’t think the government can be fast enough at being able to distinguish when it’s a good or a bad decision. You can’t afford to have large scale bureaucracy involved with decisions that need to be made on a week to week basis.” “It’s the same as the Second Amendment. If we took away everybody’s guns, I guarantee you would have less homicides in America. But I don’t give a shit, because I want to have a gun. I want to be in America. So at a certain point, you have to understand that you absolutely do incur more risk and more collateral damage by allowing freedom. Freedom is not freedom from accountability. Oftentimes freedom is creating more accountability.” “I’m making a morally agnostic, completely pragmatic, utilitarian argument, and I understand a lot of people will not agree with it. But I don’t view anybody who disagrees with me on this as a bad person. I recognize that my opinion is extreme on this.”

Asmongold explains why he thinks you should be able to get an abortion at any time, and compares it to the Second Amendment “My position is that you should be able to have an abortion at any time. Not because I like abortions, but because I don’t think the government can be fast enough at being able to distinguish when it’s a good or a bad decision. You can’t afford to have large scale bureaucracy involved with decisions that need to be made on a week to week basis.” “It’s the same as the Second Amendment. If we took away everybody’s guns, I guarantee you would have less homicides in America. But I don’t give a shit, because I want to have a gun. I want to be in America. So at a certain point, you have to understand that you absolutely do incur more risk and more collateral damage by allowing freedom. Freedom is not freedom from accountability. Oftentimes freedom is creating more accountability.” “I’m making a morally agnostic, completely pragmatic, utilitarian argument, and I understand a lot of people will not agree with it. But I don’t view anybody who disagrees with me on this as a bad person. I recognize that my opinion is extreme on this.”

Asmongold Updates

13,824 次观看 • 3 个月前

Flood reveals the step one advice he gives every trader "Set aside capital for all of your expenses, six months, one year. Put that in T-bills. That's your bucket of capital you don't touch and you know you're good for a year." "Then you have your long only, or very safe-ish long/short bucket where you can identify if you have alpha or not, or you can hold good assets, as on average assets will appreciate over time. Then you have your actively traded bucket. I have no empathy for people who were like woah I lost everything because I had a resting limit order and got filled on the 10/10 crash and I had a 99 percent portfolio wipe." "Like one, you should never have all of your assets on one single exchange because of the risk of user error and fat finger. And two, you're just a fucking idiot. Like you were going to lose the money anyways just due to the fact that you're not a serious person."

Flood reveals the step one advice he gives every trader "Set aside capital for all of your expenses, six months, one year. Put that in T-bills. That's your bucket of capital you don't touch and you know you're good for a year." "Then you have your long only, or very safe-ish long/short bucket where you can identify if you have alpha or not, or you can hold good assets, as on average assets will appreciate over time. Then you have your actively traded bucket. I have no empathy for people who were like woah I lost everything because I had a resting limit order and got filled on the 10/10 crash and I had a 99 percent portfolio wipe." "Like one, you should never have all of your assets on one single exchange because of the risk of user error and fat finger. And two, you're just a fucking idiot. Like you were going to lose the money anyways just due to the fact that you're not a serious person."

Kai

87,619 次观看 • 5 个月前