1/ Reading @nope_its_lily and this hit hard:
"In all honesty, most finfluencers have pretty shit takes on the market. It kind of arises based on the mismatch between the skills required to actually trade and the skills required to market oneself."
nopeitslily.substack.com/p/a-polemic-an…
"In all honesty, most finfluencers have pretty shit takes on the market. It kind of arises based on the mismatch between the skills required to actually trade and the skills required to market oneself."
nopeitslily.substack.com/p/a-polemic-an…
2/ That statement is insanely and ridiculously correct.
I think everyone who has other high-value uses of their time goes through the same thought process.
"Why am I doing this?"
I think everyone who has other high-value uses of their time goes through the same thought process.
"Why am I doing this?"
3/ I mean, if you wanted to read and learn from #fintwit, you could do so without posting.
If you're not selling anything (or trying to raise AUM which is the same thing), it makes very very little sense.
If you're not selling anything (or trying to raise AUM which is the same thing), it makes very very little sense.
4/ Full disclosure:
Yes I wrote a book, but I kind of knew that would be (and has been) a -ve $ EV trade. Certainly if the point of being involved in #fintwit was book sales, I'd be better off looking for coins in the couch (hourly rate wise).
Yes I wrote a book, but I kind of knew that would be (and has been) a -ve $ EV trade. Certainly if the point of being involved in #fintwit was book sales, I'd be better off looking for coins in the couch (hourly rate wise).
5/ Every time you post something, you have to play 3D chess to figure out how people plan on misinterpreting things or taking the wrong lessons.
And that's when people respond at all. Sometimes you wrote something you think is really good, and it's crickets. No dopamine hit!
And that's when people respond at all. Sometimes you wrote something you think is really good, and it's crickets. No dopamine hit!
6/ Even now, as I write this I ask myself "why am I writing this?"
Is it truly to work through the empathy I feel for Lily Francus and what she's dealing with? To explain to others what this hedonic treadmill does to people?
Then why do I keep wondering how many likes I'll get?
Is it truly to work through the empathy I feel for Lily Francus and what she's dealing with? To explain to others what this hedonic treadmill does to people?
Then why do I keep wondering how many likes I'll get?
7/ Influence corrupts everything around it.
So why? For me, a big part of it is a quixotic effort to marginally increase signal-to-noise about trading for non-professionals.
Like @nope_its_lily says, there are a lot of shit takes out there.
So why? For me, a big part of it is a quixotic effort to marginally increase signal-to-noise about trading for non-professionals.
Like @nope_its_lily says, there are a lot of shit takes out there.
8/ But is it worth the cost?
So far the cost to me has been nowhere near as high as for Lily, but even so the cost vs value tradeoff is pretty darn close.
So far the cost to me has been nowhere near as high as for Lily, but even so the cost vs value tradeoff is pretty darn close.
9/ Anyway, I feel for you Lily and I hope you find peace and satisfaction. I'm not going to say "I hope you come back" because that would make it more about me than about you.
I hope you're at peace. Let's leave it at that.
I hope you're at peace. Let's leave it at that.
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