Through Different Lenses 👓 2021-008
A Few Current Thoughts
When discussing various topics with my in-laws I tend to use the saying, "There are a lot of moving parts". To me it makes sense, to them they just make fun of me and named our family group chat 'Moving Parts'.
However, it is hard to look at the markets today and not think there are a lot of moving parts. Here are just a few:
Rising interest rates, inflation, speculation, reddit, GameStop, oil prices, nasdaq rise, nasdaq sell off, cryptocurrency, Covid.....the list goes on.
These are all influencing and shaping the short term moves of the market, yet most are just noise.
The important moving parts and the ones you can control are:
Long term mindset, patience, calm temperament, and being optimistic. Control these moving parts and you have solved 90% of the problem.
Happy Wednesday!
The weather is warming and the snow is melting. Still just as good of a reason to grab a cup of the warm stuff and enjoy this weeks reads.
Wall Street Hype Has Evolved Since the Dot-Com Era (Bloomberg)
Stoic Investing: Why managing your emotions is the key to building wealth (Darius Foroux)
When Everyone's a Genius (A Few Thoughts on Speculation) (Morgan Housel)
A 60 to 0 Round Trip: Nine Oily Lessons from the Pandemic (Energyphile)
The Most Important Chart of the Decade (The Irrelevant Investor)
Timeline of Tech Giants' Billion-Dollar Acquisitions
Disclosure: The information on this site should not be considered advice or solicitation to buy or sell any securities. Please see my Disclosure Page for a full disclaimer.