7/20 You wanna Shoot the Swans??
Larry David Reference
Index
I. Forward
II. Reflection
III. Markets
IV. Analysis and Commentary
Forward
You notice a difference between my portfolio plays, and the market/index leaders? Relatively unaffected by larger market moves.
That’s an intentional strategy so that we have more safety in our picks.
Pullbacks happen, but you can wake me up when we are over 16 VIX back to a historical precedent for the market, when we’re not simply rotating on the day.
As I said yesterday, sell offs will occur, this ER week is often employed as an IV crush for Market Makers to scrape up money. Next week is where the real fun is going to be. Happy with a boring week studying the market and ER’s so that we can be lights out next week.
Also, as I get better at figuring out how Substack works, I figured out how to discount student’s paid subscriptions. If you are a student and following the tribe, I’m now making sure it is even more manageable for those wanting to learn how to control their future. Below button will get you squared away, using your student email.
If you enjoy the stack, make sure to like this post, restack, retweet, subscribe to the tribe. It goes a long way and I think 95% of those that upgrade will say they’ve seen their trading improve incredibly. But enough of the biz, let’s get down to wiz.
Reflection
I must also apologize, but only half-heartedly. We’re behind on pods, because Gwen and I have been living and life has swept us here and there this week. We’ll get more stuff out soon, plus we have some guests coming on to the pod.
I really hate apologizing especially as I’ve gotten older. What I found was most of my apologies came for things I didn’t need to apologize about. Whether it was saying sorry for asking a question, or sorry for asking you to do your job. Silly sorry’s that were more about me apologizing for my right to live and exist and get basic services.
I decided one year, I will just cut the word sorry out of my vocab. I won’t use it for a whole year and see what happens.
What happened was amazing. I became more direct, I asked for what I wanted, and shockingly, almost all the time I got everything I wanted and more. People listened to me more about what I was saying because I held them accountable without any wishy-washiness or being a pushover.
For most of us, we err to far on the side of being nice, at the sacrifice of our basic happiness, and as I said our right to simply exist.
Don’t do it. Cut out sorry. If you go, I’m too nice I could never.
It’s a lot simpler to having better boundaries, and getting what you need and want. A simple adjustment of vocab will more oftentimes that not change your quality of life. Which is so funny, because its a word.
ONE DAMN WORD!
Now, if you hurt someone intentionally, or you are malicious or wronged someone, yes an apology plus a change in behavior is needed. But, if you dream of being wealthy, if you dream of getting what you want in life, it starts with the way you project yourself out onto the world.
Every word you use, you create a portrait for others, a guidelines for how they are allowed to treat you. If you allow yourself to apologize for the space you inhabit, people will take your money, they will take your livelihood, they will take your peace, they will take your happiness.
STOP.
Add sorry to the FUCKING bad words list, and be serious about it. Take your own life seriously, because that is what you fucking owe yourself. You owe yourself a lot of things, and it is much simpler than you think it is.
No more saying the S word….shit.
Markets
