One of your most crucial relationships is the one you have with money. https://t.co/0Mgf9SBRZx #MoneyTalkWithL #7amthoughts 🫖
Jan 3, 2022 • 6 tweets • 3 min read
Want to invest in stocks?
Just like any other profession, there is a learning curve involved here too. No easy money. The stock market looks sexy from the outside, but is brutal.
Traders have rules to protect capital. In gambling, the house has rules to protect itself. Investors have various strategies. Tips & Hope are not strategies.
Extinction is the norm, Survival is the exception.
Nature is not cruel, only pitilessly indifferent
- Richard Dawkins.
Capitalism is not cruel, only pitilessly indifferent
- Sanjay Bakshi
@Sanjay__Bakshi at #MICIN draws parallels between evolutionary biology & investing.
Black Swan Events will occur & catch us by surprise. When they do, Capitalism shall be pitilessly indifferent.
-ve: Death. Destruction. Extinction.
+ve: New players. Adaptation. Cost cutting. If we resist this or fight it, we risk going extinct.