Hawkinz retweeted
RISK MANAGEMENT MASTERCLASS
Nothing you do in trading matters if you don’t make it to the finish line. I’ve spent 15 years refining my thoughts after seeing many of those around me blowup.
Here are the exact steps you need to survive:
youtu.be/hC4g7qY6UcQ?si=0j_H…
Hawkinz retweeted
“The best thing a human being can do is to help another human being know more.”
— Charlie Munger
Hawkinz retweeted
Learn something from this guy
@i_managed_risk -thanks for sharing -this is something he really stress on the bootcamp -date a young stock. thanks for sharing -
Hawkinz retweeted
Retail traders world is different from your world. You can ask them about sharpe ratio but they don’t know what it is and do not even think like that. It is like asking bikini clad Brazilian women on beach about GDP and deficit of Brazil.
This Post is from an account that no longer exists. Learn more
Hawkinz retweeted
Who knows? In the future, it might be able to. But there will still be discretionary traders who will make money.
Think of it like this: China can produce Ties for a few cents or a dollar and sell them for 10 dollars, but we still have Italian ones selling for 250 dollars or more.
Craftsmanship never gets replaced.
Hawkinz retweeted
No one is stopping you from having a wife and a mistress, also.
But most of the time it does not work out.
Hawkinz retweeted
One of my life mantras I try to live by and it translates to the market.
As yourself this question and be honest about the answer.
“Will it matter in a week, month, or a year?”
90% of the time it won’t so stop bringing in the negative energy and let it go. Just useless stress, move on.
Hawkinz retweeted
Here's a trick if work is going *terribly*:
Find areas in your life where you can win.
A hobby, your fitness.... Anything.
Victories translate & bleed into other areas, just as the negative does.
Start stacking energy in your favor.
Hawkinz retweeted
AI doesn’t lead to convergent and efficient markets imo. It actually leads to greater divergence because everyone's thesis is going to be so deeply researched, which just adds more anchoring.
Companies are too complex. There’s always going to be a good side and a risky side simultaneously, depending on the hat each participant wears.
One thing for sure…behavioral dynamics are going to dominate more and more. That’s why I’m focused a lot on themes, because they represent the perfect synthesis of operational reality + behavioral dynamics.
You’re unable to view this Post because this account owner limits who can view their Posts. Learn more
Hawkinz retweeted
Does not mean everything gets priced in one day. There will still be secular trends lasting decades, there will still be cyclical trends, there will be turnarounds, CEO caught in sex scandal, politicians, diseases, shortages, new discoveries, new fashions, new social trends and not to forget only fans on Mars. And those things will lead to stocks going up and down.
AI is tool it is not solution to every problem
