How to Avoid the Trap of Sunk Costs
The sunk cost fallacy is where we spend further resources – time, effort or money – to pursue…
Guides
The Bed of Procrustes – Nassim Taleb
Feels like time we ticked off another Nassim Taleb book. Today’s focus: The Bed of Procrustes. 🚩 We don’t…
Elevate Your Thoughts with Second Order Thinking
First order thinking is the process of considering direct consequences. Let’s take a falling market. First order thinking…
Mastering the Market Cycle – Howard Marks
1️⃣Tendencies Over Certainties We begin with a very simple but grossly overlooked point: there is no certainty in…
Harnessing the Power of Compound Interest
Harnessing the Power of Compound Interest Albert Einstein 🔬 once said “Compound interest is the eighth wonder of…
F.U. Money – Dan Lok
F.U. Money In his book F.U. Money, Dan Lok explains how we can all make 👉 F.U. money 😨 “Any amount…
How Crypto Whales Trade
Let’s Go Crypto Whale Watching 📌 This section of today’s newsletter is made available to our premium community only….
Why you NEED to Automate Your Finances
Psychology is the cause of many of our failures in markets. Whether it’s taking a trade that goes…
Avoid These Common Money Mistakes
Sometimes, no matter how well our investments are doing, we always seem to be losing money. This is because investing…
Trade Your Way to Financial Freedom – Van Tharp
If only I bought more bitcoin in 2017 😔Sound familiar? It’s something many people in the space think…