This is truly worrying

Cientos de menores continúan haciendo cola frente a la Jefatura Superior de Policía de Ceuta para registrarse y solicitar ayuda. Para amenizar la espera, uno de ellos se ha vestido de mimo y ha organizado un pequeño espectáculo social.elpais.com/0zo1e

I’d add some nuances: read also for pleasure, racket sport when older and team sport when younger. About financial education, it is never too late. Hug and kiss family as much as possible and keep contact with them all your life, specially siblings if you have

On top of losing talent

Viresque acquirit eundo {Cobra fuerza a medida que avanza}

Again and again: best X accounts to follow in many topics have less than 25k followers, provide a lot of quality, no hidden agendas or trying to sell you something. Specially when talking about investing

26 Tiny Lessons from my conversation with @morganhousel 1. “Wealth is what you have minus what you want.” 2. "Money buys fewer bad days, not more great days." 3. “It's really good to have people in your life who you don't want to disappoint." 4. Luxury quickly becomes a necessity. 5. Saving money is buying freedom. 6. Excellence is the capacity to take pain. 7. Optimize for sleeping at night, not maximising a spreadsheet. 8. Contrast drives happiness, not absolute levels. 9. Nobody is paying attention to you. Stop trying to impress strangers. 10. “If I can be average for 50 years, I’ll end up in the top 3% of investors.” 11. “99% of Warren Buffett’s net worth was accumulated after his 65th birthday. That’s just how compounding works.” 12. “Every dollar you save is a step toward that independence.” 13. Remember there was a time when you wanted what you have now. 14. “Nothing is more damaging to your investing psychology than getting rich quick when you're young.” 15. Passive income is largely an illusion. 16. Your social network sets your expectations. 17. All the time you spend thinking about things you don’t control comes at the expense of things you do control. 18. Give your kids money when they need it—in their 30s—not when they're 75 after you die. 19. “Loyalty to people who deserve it is one of the most rewarding things in life." 20. “Independence is a spectrum. Even $100 in the bank beats zero.” 21. “Rich-people food looks better than it tastes. Poor-people food tastes better than it looks.” 22. “No generation handles their 20s with grace. That's why every older generation criticizes the young.” 23. Simple scales, fancy fails: “The simpler my finances, the higher the odds I can leave them alone for 50 years.” 24. “We underestimate the odds of bad things happening. If we didn't, we couldn't get out of bed.” 25. Very few people can beat the market. 26. The biggest financial mistake you'll make has nothing to do with money. Listen and Learn!

So after all these hours talking about AI, in these last five minutes I am going to talk about: Horses. Engines, steam engines, were invented in 1700. And what followed was 200 years of steady improvement, with engines getting 20% better a decade. For the first 120 years of that steady improvement, horses didn't notice at all. Then, between 1930 and 1950, 90% of the horses in the US disappeared. Progress in engines was steady. Equivalence to horses was sudden.

“Eighty percent of medical schools in the United States don’t require a single nutrition course. Not one minute.” — Dr. Casey Means

Something to pay attention to

Quick little summary on my current thoughts and where your head should be after if you are a lower risk directional type trader (can't speak to other strategies): 1. If you are surprised at how quickly things can reverse or get ugly welcome to the game of being a pro and why risk management is everything. This will happen again, and again, and... 2. If you got beat up more than you like, take this is a healthy lesson in tuition and PAY the tuition and move on. Blindly holding losses will only guarantee a bigger bill down the line. 3. Market may have bottomed short term today but WHO CARES?!? I don't want the low price I want the right price, volatility is likely to be elevated and you can easily lose more money in the back & forth than the decline if you aren't careful. In 2010 I successfully dodged the 'flash crash' correctly by following stocks then gave back WAY too much over the ensuing months (probably 1/2 what I'd made) as the vol ate me up. 4. Be patient. This will undoubtedly lead to a great opportunity as lots of weak hands have been rinsed (mine included in some areas) which resets the decks but its too early to know where the premium situations are going to be, so be happy to pay up when the time comes and DON"T OBSESS about getting/catching lows. 5. Lastly the market will bounce/rip hard at some point. If you are holding cash and de-risked properly (likely days/weeks ago) don't let the market just suck you back in, follow your process. The toughest thing for people who use high cash levels when they are new is to watch the market rally when they are on the sidelines. It will happen, just stick to your discipline.

Inspiring

$DXZY short... +35% en 15 minutos :)

$DXYZ va a dejar muchos cadaveres por el camino. Financial report 2023, Form 4 sec, headquarter offices... un poco de due diligence antes de invertir!

The future of building startups: - MVP speed (1x per month) - AI-accelerated - Superniche is the new niche - Community 1st, software 2nd - No-code 1st, some code 2nd - 10x more automated - Global teams, localized products - 95% dominated by solopreneurs and microentrepreneurs (teams less than 12) - Pop-up digital experiences (apps that only work on certain times) - Needs the marketing holy-trinity to hit escape velocity: 1. product/market fit, 2. content/market fit and 3. community/market fit - Team is half robots 🤖, half humans 👨‍🦰 (cc @youneedarobot) - Accelerated by "boring marketing" (cc @boringmarketer) - Multiple revenue streams - Design matters. The bar is high - Partnered w/ creators (creators are the distribution) - Feels like a game (levels, status, badges, in-app currency, challenges, collectibles/items) - Purpose-driven moonshots: societal impact matters - Productized agencies to generate cashflow (ex design agency @DispatchDesign) - Product studios become the norm - 99% of MVPs won't need VC

A La Vanguardia d’avui hi ha una de les millors esqueles de la història. Quina meravella.

We've already used 17% of 2024.