We keep trying to build a better wellness routine inside a way of life that is making us unwell.
I learned this while working with Tibetan refugees.
Here are 6 lessons from Tibet that shape how I practice decades later: 👇
1. Meals are medicine, not fuel.
HOW TO FIND THE OPTIMAL POSITION SIZE?
REVERE POSITIONAL RISK PARITY GRID (RPRP)
THIS WILL BE DISCUSSED ON TODAY'S PODCAST
RPRP COMBINES A TICKER'S ATR & BETA WITH A PORTFOLIO'S NUMBER OF HOLDINGS TO ALLOCATE RISK EVENLY ACROSS EACH POSITION
One thing no one can argue is that the passive indexer has absolutely cleaned up. Killed it. Destroyed the majority of pros and stock pickers over the last few years. However, most on here will never admit it. $SPY
My guest today is Paul Tudor Jones (@ptj_official), one of the greatest macro traders of all time.
He correctly predicted the 1987 stock market crash and shorted the Japanese bubble in 1990. For over 40 years, his flagship fund has had a negative correlation to the S&P 500. 100% of his returns are alpha.
He says today's market has so many similarities to 2000, "the easiest bear market I've ever seen in my whole life."
He makes the case for going long dollar-yen, why Bitcoin beats gold as an inflation hedge, and why he was wrong about Warren Buffett.
But what I'll remember most from this conversation is Paul's zest for life. He's 71 and still wakes at 2:30 every morning to trade the London open. He works out for two hours a day. He walks with his wife every evening. He travels the country chasing peak spring and peak fall. He's so excited about the songs picked for his funeral that he wishes he could be there to hear them.
Paul has lived five lifetimes in one. He's one of the most entertaining and interesting people I've met, and the conversation will leave you searching to be as passionate about what you do as he is about what he does.
Enjoy!
Timestamps:
0:00 Intro
1:00 The Kindest Thing
13:19 Trading vs. Investing
17:33 Lessons from Warren Buffet
22:24 The Existential Risks of AI
29:54 The Nature of Trading
31:46 Bitcoin
35:55 Bubbles
42:08 A Day in the Life of PTJ
46:00 Information Overload
47:07 Passion for Markets
50:49 The Robin Hood Foundation
54:18 The Workless World
56:03 Journalism
1:00:00 Principal Components of a Great Life
1:05:06 Kill Them With Kindness
The 7-8% stop rule sounds disciplined until it keeps kicking you out of your best trades.
Vibha Jha — who built her track record trading leveraged ETFs and leading growth stocks — found that rigid percentage stops ignored what the chart was actually saying. Switching to the 10-week moving average as her stop level changed her results immediately.
The chart knows more than the percentage does.
📺🎓 Revere Aggressive Index Re-Entry Rules
Please ❤️like and 🔁share with fellow growth stock investors
In this short educational video, @dvandenbord explains @RevereAsset re-entry rules and how to systematically scale back into the market when the 1. First signal → reclaim
@gfc4@lawsonmcw It's likely a bonanza for the banks since many will choose to extend their amortization period to REDUCE their monthly payments but end up paying significantly higher interest over the longer term
@samdruss Impressive performance! Where do I sign up? This return is astonishing compared to anything I've seen this year, trend following or not. Curious - is that the result of a few outliers, or is your strategy performing consistently across the board?
🎙️ Turtle Talk Episode 005 is live!
Rich, Adam & Jerry team up with Bruno Campos (and a cameo from Andrés Petrocelli) to dive into trend recoveries, outlier hunting, and the classic edge of pure trend.
🎧Listen here: aussieturtles.com/episode-005-ou…#TrendFollowing, #TurtleTalk
8 Followers 84 FollowingThe Lopen does not lose money. Sometimes the market loses money near the Lopen. Investor. Sports guy. Very famous Herdazian.
My cousins say I am very smart.
4K Followers 1K FollowingInvestor & Trader | Family Office | Empowering the
DIY Investor. Do It Yourself. Not By Yourself. Views & Opinions are My Own. Do Your Own DD.
214 Followers 3K FollowingTrader & Student of the Market • Co-Founder of @TraderLion+@Deepvue • The Trader's Handbook https://t.co/gd8Y0CTq8j • Sharing lessons from 100+ Market Wizards
14 Followers 264 FollowingChart trader since 1975. Author. Featured in
Market Wizard. Also on X @plb opinions Prem
Membership https://t.co/vmDeEhEkwN Scam warning
https://t.co/n3uNumYBEy
19 Followers 154 FollowingCatch the big trends & keep it simple. Engineer, CFA (but CMT at heart). Entered markets in '99. StockTwits since '11. Not investment advice.
121 Followers 2K FollowingBe an independent woman. It is necessary not only to trust the ability of the lover, but also to have the ability to ensure one's own survival.
191K Followers 1K FollowingTrader & Student of the Market • Co-Founder of @TraderLion+@Deepvue • The Trader's Handbook https://t.co/wwGdE6Xg79 • Sharing lessons from 100+ Market Wizards
45K Followers 586 FollowingMentored by the founder of CANSLIM. Co-authored one of the 'Model Books of Greatest Stock Market Winners' at WON + Co. Co-founder @TraderLion & @Deepvue
949 Followers 40 FollowingThis is Michael's brain, unfiltered. Rules, sayings, and lessons on markets pulled straight from decades of trend following. Everything else is at @Covel.
28K Followers 777 FollowingTrader & Market Student of SUPER WINNERS since 1998 | Founder @TickerMonkey | Partner w/ @TMLTrader | Co-Founder TM Data Systems | ERx Gap Course w/ @JPoco722
6K Followers 23 FollowingSEC-Registered RIA. Transparent, fee-only fiduciary. GROW assets during uptrends, PROTECT during downtrends. It’s what you KEEP that matters.
32K Followers 1K FollowingDaily market commentary. Investing is hard. That’s why it can be rewarding. TheStreetPro • SharkInvesting • Michigan Law & Business.
4K Followers 3 FollowingRevolutionizing investment with ETFSwap: Where the stability of #ETFs meets the dynamism of #DeFi Telegram: https://t.co/Tcda5bFdCA
763 Followers 54 FollowingDive into the Legendary World of Turtle Trading, Aussie-Style! From bustling Wall Street to Australia's serene shores, the Turtle Trading legacy continues.
413K Followers 63 FollowingHelping you to grow and change.
A future full of success awaits you.
| Mind psychology | Success | Disciplined life| Growth |
160K Followers 24 FollowingFounder: RPCI system I "Breakout & Growth Stock Investor" I share my learnings, mistakes, and experiences to help you become better at investing.
2.5M Followers 93 FollowingOfficial account of Ray Dalio, founder of Bridgewater Associates, author of #1 New York Times bestseller 'Principles,' professional mistake maker
1.2M Followers 2K FollowingFlaneur: probability (philosophy), probability (mathematics), probability (real life),Phoenician wine, deadlifts & dead languages. Greco-Levantine.Canaan. #RWRI
3K Followers 156 FollowingTrader since 2007. I trade options using technical analysis to detect high probability setups to achieve consistent returns with low volatility.
1K Followers 285 FollowingThe Real Time Trend Trading Experiment - Academic Project to publish CTA Trend Beta, documenting signals assessed every 1 minute of every trading day since '14.
1.4M Followers 0 FollowingA universe of atoms, an atom in the universe. Tribute to the great explainer. Tweets about Science and Wisdom. Portrait by L.V Patten.
25K Followers 1 FollowingCo-Founder, Samuel & Audrey Media Network. 250M+ Views. 2X World Travel Awards. Expanded Canvas Portfolios. Hotel Project in Argentina. Opinions ≠ Advice.