Tiger eff you see kay why oh you vintage T-shirt

all time record valuation for bonds all time record credit all time record highs in property so i’m like these guys are screwed unless something else comes along and Tiger eff you see kay why oh you vintage T-shirt the to move on it so i’ll tell my own story so for anybody that is uh pushing back feels late to the party whatever find some solace in my like. I’ve lived in the cayman islands i’ve traveled the world so it forces you to be open because you’ve got different religious backgrounds there you’ve got different massively different cultural backgrounds um all of this stuff forces you to be open minded so i’m generally open minded by nature just because of that and macro investing is all about being open minded to other possibilities so once you learn the trick that it’s okay to say you don’t know but I think this might be how it plays out so you think in what’s known as probabilistic terms then for that to happen for you to say look I think there’s a you know there’s a 80 chance that bitcoin over

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the next five years is going to 250 000 that’s a reasonable odds what’s the Tiger eff you see kay why oh you vintage T-shirt and be assessing them I learned that from the book uh I think it was the alchemy of finance by george soros who was probably the most famous of all the macro investors and he would talk about this a lot that you have to have these kind of logic trees of think your probability trees and once you understand that you can even bet against yourself which is really hard to do and I can’t do it but some of the best traders can be you know long the s p I think the s p is rising but then they think the odds of it falling are getting higher and they start selling against themselves it’s like it’s it’s very hard to do but that kind of investing teaches you to keep an open mind because you’re looking at the whole world and you have to know that we don’t know the outcome anybody who tells you that they know what’s going to happen it’s just a fraud it’s just the open mindset I don’t know but I think and this is why
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