Baby steps.
I had a very similar scenario when my sister-in-law came home with a GIGABYTE bottle of ranch dressing Costco. First ingredient: canola oil.
I just said that our family wouldn’t, and shouldn’t eat anything much seed oil in it.
A day later, I asked her if she knew the difference between rapeseed oil and canola oil (same thing) She said, no, so I asked her if she wanted to?
Even the Wiki page paints an ugly picture about “canola”.
Start there. If you want to know more, let me know.
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It weird how people gradually accept ideas that seem wrong at first.
First comes: Exposure
Then [hopefully] an additional exposure to the idea will come along and reinforce the original idea creating an openness to the hearing more.
I do this with my kids.
A pastor does this with his disciples.
-In a healthy society it will continue on with a teacher, a doctor, a news source, a book or magazine article etc.
All you can do is gently suggest and hope the idea takes root in their mind.
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Damn.
Bread is my most difficult vice to consistently avoid.
I can say that I’d definitely eat that loaf, hide the evidence and pretend it never happened.
Yes but MSTU is 2x vs 1.75x and has a lower expense ratio. (1.28% vs1.05%)
Hold on to your pants with this one. Extreme Volatility means:
Do not use margin.
Do not forget to set multiple stops (trailing stop)
Pay attention to your NAV decay.
Recommendation:
Day trade and do not hold overnight.
Honestly, if you’re okay with the swing and you trust the underlying asset, you totally can.
Firstly, Im a huge MSTR fan and irresponsibly over invested in it but it trades at ~2.4x bitcoin.
A black swan event, would drop that multiple to well below 1:1 rather quickly.
If you were holding MSTU during one of these events, we’re talking about a +90% drawdown.
The fund would become insolvent and you’d lose it all.
This will sound like a boring platitude, but:
“true freedom” is not needing or depending on others.
-I wish I could go back and beat that into my younger self.
💯
Just look at all the isles that are filled with things there is zero reason to eat. I literally go around the outside lane of the store to shop with a possible detour down the condiments isle.
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In the sixties, birth control was becoming widely available and drug companies were able for the first time ever quantify how much a person on a monthly medication was worth.
A sick person is a valuable commodity.
An obese child is worth literal millions over the course of their lifetime.
Perverse incentives get perverse outcomes.
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Its the party of lies.
It may seem like hyperbole but I noticed long ago that my conservative friends, family and. O workers were generally more honorable.
My liberal friends, especially the radical ones were remarkably dishonest in general.
Whitney is an interesting woman. I spent a few hours with her early last year at a conference dinner.
Let me first say, I REALLY admire her and I follow her work.
-I will also say, she is suspicious of everyone and sees monsters under some beds that I do not.
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Mostly cosmetic bullshit like jewelry but it does have some unique properties for electronics. Its inert, it doesn’t tarnish so its electrical capacity is second to none.
I love old fashioned names for girls.
top 3:
Esther (means Star)
Morgot (Pearl)
Ethel (noble maiden)
Sorry, my boy names are already taken by my little men and Ill keep them private.😎
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