Discover and read the best of Twitter Threads about #Mello2018

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1/n For those who missed out on #Mello2018 - have decided to compile some thoughts from the talks and the cos. Some very successful investors in attendance; investing is about stacking the odds in your favour (like poker) and repeatedly playing to leverage your edge.
2/n If you don’t have an edge then you’re liquidity for someone else who has one. Investing and trading require patience and to wait for the opportunity. Losses reduce both physical and mental capital. You need to play to win but if you lose all your capital you can’t play.
3/n Gervais Williams - lack of wage growth changing political and investing landscape. Tailwinds will become headwinds as rates potentially rise and productivity stagnates. Risk comes from real world. Imo we are drunk on cheap credit; previous tax shields will become burdens.
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