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Joined X in 2021, there were hardly any finfluencers on X for #PSX. Almost no screenshots of booked gains & charts with TPs then. Now! Interestingly old Finfluencers have gone silent, while scores of New enthusiasts emerged. Everyone is now brilliant & successful! 👌

Be humble. Be teachable. The universe is bigger than your view of the universe. There's always room for a new idea.

My accountant looking through 238 pages of trades to find that I only made $3 in profit the whole year

Debt turns problems into catastrophes. Cash turns problems into opportunities.

"There's a fallacy in holding losing stocks, hoping that your stocks will come back because you're a 'long-term investor'. "We have a simple rule of thumb... All stocks are bad unless they go up." - @williamoneilco , @WScottONeil

Charlie Munger: simple rules help you make the best decisions in life.

Words create obligations while silence preserve optionality!

Predicting war is impossible. Preparing for outcomes is in our control.

Driving to my 9-5 job while drug dealers and 8 year old YouTubers are buying their third property

Then I’ll quit.” The last turkey walked out. The man went home empty-handed. 5/5

then I’ll pull the string.” But three more turkeys left. Still, the man waited. He didn’t like the idea of going home with fewer than eight. Eventually, only one turkey remained in the box. “I’ll wait until either one more goes in or this one comes out,” he said. “ 4/n

one turkey casually walked out. “I should have closed it when all twelve were inside,” he thought. “I’ll wait a moment—maybe it will come back.” It didn’t. Instead, two more turkeys walked out. “I’ll be satisfied with eleven,” he told himself. “Just one more back inside, 3/n

where even more corn awaited them. The man could pull the string at any moment and let the door fall shut. But he waited. He wanted as many turkeys as possible inside before closing the trap. One day, he had twelve turkeys in the box. Just as he was about to pull the string, 2/n

A man built a wooden box with a door hinged at the top. The door was kept open by a stick tied to a long piece of string that led far away. Along the path to the box, he scattered a thin trail of corn. Curious turkeys followed the trail and wandered inside...1/n

An index is just an average of ~100 stocks. But when you buy an individual stock, what really matters is the price you’re paying today for its future earnings i.e., the forward P/E. In the end, everything boils down to forward EPS.

The psychology in a bull market for salaried class is brutal. Your portfolio returns can be multiples of salary but in absolute terms are not sufficient to stop working. So you either get demotivated, jump around or increase portfolio risk at the wrong time and get wiped out.

Stay close to positive, optimistic & funny people.

Momentum trading!

One shouldn't mix investing & trading frameworks on single position. For Investing, you need to focus on fundamentals and ignore volatility. For trading, you need to respect predefined levels and act accordingly.