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Timeless Seykota

1. “Win or lose, everybody gets what they want out of the market. Some people seem to like to lose, so they win by losing money.”

2. “Fundamentals that you read about are typically useless as the market has already discounted the price, and I call them “funny-mentals”. However, if you catch on early, before others believe, you might have valuable “surprise-a-mentals”.”

3. “If you can’t measure it, you probably can’t manage it… Things you measure tend to improve.”

Chinese Medicine

chinese_medicineQ: Doctor,  I’ve heard that  cardiovascular exercise can prolong life.  Is  this true?
 A: Your heart only good for so many beats, and that it…don’t waste on  exercise.  Everything wear out eventually.  Speeding up heart not make you  live longer; it like saying you extend life of car by driving faster.
 Want to live longer?  Take nap.

 Q: Should I cut down on meat and eat more fruits and vegetables?
 A: You must grasp logistical efficiency.  What does cow eat?   Hay and  corn.  And what are these?   Vegetables.  So steak is nothing more than  efficient mechanism of   livering vegetables to your system.  Need grain? Eat chicken.  Beef also good source of field grass (green leafy  vegetable).  And pork chop can give you 100% of recommended daily  allowance of vegetable product.

 Q: Should I reduce my alcohol intake?
 A:  No, not at all.  Wine made from fruit.  Brandy is distilled wine, that  mean they take water out of fruity bit so you get even more of goodness  that way.  Beer also made of grain.  Bottom up! (more…)

Three Wishes

Everyday receiving hundreds of emails for Subscriptions and many Traders are asking these type of questions …….

Q:  Genie has granted you three wishes to help you improve your trading/investing skills. What would you ask the Genie?

A:  I would ask for three things: 1) better statistical analysis skills, 2) more time to devote to mechanical strategy development and research, and 3) straightforward guidance on what I need to do to improve the performance consistency of a few of my stock screens. The good thing with all three of these is that I don’t really need a “genie” to give it to me as each are within reach as long as I devote the time and effort.

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