Still, mining is a depleting business - the more you mine, the less you have left to mine and without exploration, mining will cease very rapidly. The mining companies know they need access to good exploration projects and, more importantly, good exploration teams. We know it too. - Paul Van Eeden
We see that there have been very many parasitic societies, a much smaller number of producing societies, and very few civilizations. - Carroll Quigley / The Evolution of Civilizations
If you know the enemy and know yourself, you need not fear the result of a hundred battles. If you know yourself but not the enemy, for every victory gained you will also suffer a defeat. If you know neither the enemy nor yourself, you will succumb in every battle. - Sun Tzu
U N D E R C O N S T R U C T I O N
Electrical Engineering was widely considered one of the most challenging courses at the U. S. Naval Academy. An institution formerly centered in math & science, my experience was pleasant given an outstanding professor from Georgia Tech who was able to provide key analogies so we could conceptualize the continuity of this intangible ecosystem.
Electrical Engineering was a simple hurdle for this Midshipman to obtain graduation while surviving the job on the lacrosse field. Was this a 1st time to consider the virtues of real skills?
At what point does outlook, perception or philosophy have an impact on our lives?
When do we awaken to consider what we think we know just may not be so?
A Saturday afternoon friendly pool match on a hot summer stormy day at Paul & Jerry’s Saloon, in Jerome, Arizona led to a new paradigm shift. A new perception of a once occult world of finance… A victorious day carrying topsoil & sod grass up some 32 stairs each way to my property hanging above Clark Street..
Hired into a Wall Street opportunity commenced a life changing experience.
Series 7 exam had 70+% fixed income.
Only broker in Del Mar, California who had worked for a real company - hard industry.
World markets are largely dominated by U.S. stock indexes pulled back sharply during the past week. Speaking with the local butcher at an Italian Market here in New Hampshire helped provide some thoughts on what’s burning inside the average retail investor.
Debt levels across the world have no exceeded 300% of world GDP. A recent spike on the interest rate levels of benchmark 10 & 20 year [duration] U$ Treasuries has shown how fragile our highly securitized / levered equity markets have become…
Unbalanced - Unrealistic views of the world…
Cognitive Dissonance
Value is obtained on the delta between price & value.
Most kids wish for jobs to satisfy cash flow.
Comments
Post a Comment