Concept: Managed Futures
Investment strategy: "Cut short your losses; let your profits run"
Supported by empirical research
Persists due to behavioral biases
Mental model: riding a wave
Viable as a standalone investment strategy
Low correlations to equities and fixed income markets
Potential hedge against inflation and economic downturns
Concept: Technology Evolution
History of tech: platforms to apps to content creators
Future: influencers and content creator ecosystems
Stack of services as a curator of content
Personal Goals and Techniques:
Meditate and observe thoughts without emotional valence
Write strategy documents for clarity
Log bad happenings as a behavioral tool
Build audience before selling to test products
Insights:
"Your margins are my profit"
Connecting ideas strengthens relationships
"You can't call yourself peaceful if you're not capable of great violence. Then you're only harmless"
Reducing latency makes things more addicting
"Greatness is in the agency of others"
"The future is always an apocalyptic horizon"
Concept: Short-term Planning
Flexibility in shorter timeframes
Continue working efficiently (high income for fewer hours)
Build cash position for potential market crash
Avoid rushing early in the day
Philosophy:
"The unexamined life is not worth living"
Balance between order and chaos, conservatism and liberalism, work and relaxation
Skills for ER doctors:
Communication, sales for ideas, public speaking, task prioritization, team leading
Analyzing worst-case scenarios
Personal Reflections:
Importance of maintaining old friendships
Valuing experiences over things
Self-analysis of personality traits
Connections and patterns:
The notes cover a wide range of topics, from investment strategies to personal development and philosophical reflections.
There's a recurring theme of self-improvement and strategic thinking across various aspects of life.
The ideas span from practical advice to abstract concepts.
Broader patterns:
The notes reflect a multidisciplinary approach to personal and professional development.
There's an emphasis on long-term thinking and strategic planning in various areas of life.
Isomorphic connections:
The concept of "riding a wave" in managed futures investing is similar to adapting to technological evolution in content creation.
The balance between order and chaos in personal philosophy mirrors the balance between risk and reward in investment strategies.