Uhm, I'm not interested in reading aspirational from an Elephant murderer who ran his company into the ground.
My grandpa had to pick blackberries to eat when he was growing up. Sometimes that was all they had to eat. Even, we always had food but not always what we wanted. There were a few times where we had to go gather some fruit in order to have enough, a very few times. Now, I go to Wal-Mart and can get frozen food better then what I can get at the the not cheap restrauntes.
My sister got her law degree while working 2 jobs and working as a single mother. She doesn't make much more then me now and I don't have a 4 year degree but I had my own struggles. She has 100k+ debt. But, what she did was smart because if you don't have anything and no way to make anything then it makes sense to take on any amount of debt in order to get a job and a chance. This is why these degrees are in a bubble -- because there aren't enough jobs and even fewer meaningful jobs. I'd tell a young person, take on any amount of debt, you don't have anything to lose and you have everything to gain. Heck, if you don't make it -- they can't squeeze blood from a turnip now can they?
My point is things aren't so bad. Man doesn't need money to be happy. My other point is that everything you think is so meaningful like the market crash -- it was a non event for most of us. The 60% rally, another non event. Think about how large the whole universe is and you begin to realize how meaningless the stock market is. This is causing you some problems because you think everything you are doing is so important: it is not. That's my point.
Let me go further, the vet who treated my dog. He provided a value. When Wal-Mart takes my money for the food I buy, they provide a value and receive money in kind. My point is the guys who write about things that aren't relevant are receiving value disproportionate to their worth. Again that includes Dr. Steenbarger, who is among the 2 people I respect the most in this business. He wrote some books and a lot of people bought them. But, nobody should have because elite trading psychology just isn't relevant to the majority. Becoming an elite trader doesn't mean anything without capital to back it up.
It is a dangerous idea to be driven to be the best. I am driven, no small part to reading Dr. Steenbarger's writing. You know what really got me on a successful track was understanding how to be average.
My grandpa had to pick blackberries to eat when he was growing up. Sometimes that was all they had to eat. Even, we always had food but not always what we wanted. There were a few times where we had to go gather some fruit in order to have enough, a very few times. Now, I go to Wal-Mart and can get frozen food better then what I can get at the the not cheap restrauntes.
My sister got her law degree while working 2 jobs and working as a single mother. She doesn't make much more then me now and I don't have a 4 year degree but I had my own struggles. She has 100k+ debt. But, what she did was smart because if you don't have anything and no way to make anything then it makes sense to take on any amount of debt in order to get a job and a chance. This is why these degrees are in a bubble -- because there aren't enough jobs and even fewer meaningful jobs. I'd tell a young person, take on any amount of debt, you don't have anything to lose and you have everything to gain. Heck, if you don't make it -- they can't squeeze blood from a turnip now can they?
My point is things aren't so bad. Man doesn't need money to be happy. My other point is that everything you think is so meaningful like the market crash -- it was a non event for most of us. The 60% rally, another non event. Think about how large the whole universe is and you begin to realize how meaningless the stock market is. This is causing you some problems because you think everything you are doing is so important: it is not. That's my point.
Let me go further, the vet who treated my dog. He provided a value. When Wal-Mart takes my money for the food I buy, they provide a value and receive money in kind. My point is the guys who write about things that aren't relevant are receiving value disproportionate to their worth. Again that includes Dr. Steenbarger, who is among the 2 people I respect the most in this business. He wrote some books and a lot of people bought them. But, nobody should have because elite trading psychology just isn't relevant to the majority. Becoming an elite trader doesn't mean anything without capital to back it up.
It is a dangerous idea to be driven to be the best. I am driven, no small part to reading Dr. Steenbarger's writing. You know what really got me on a successful track was understanding how to be average.
