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Dave86ch

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Everything posted by Dave86ch

  1. Nevertheless, the most powerful open-source LLM ever released agrees with you on sizing. It may even be smarter than Blackrock. I've still invested 10% because I'm uncomfortable with Tether's dominance in the space.
  2. Same thoughts, having a firm grasp on how to perform a discounted cash flow analysis is an excellent exercise, as it helps realize why you're buying a company and define a ballpark price, thereby avoiding getting swept up in hype. However, as the market becomes increasingly efficient, psychology plays a significant role. What truly matters is maintaining rationality and grounding your reasoning in reality through a robust mental model of the world. In my opinion, a solid mental model requires open-mindedness, rationality, and insatiable curiosity. This not only implies extensive reading, but also active engagement and practice. Indeed, I began speculating on Bitcoin, and after many years, I feel I'm invested in Bitcoin, even though I can't perform a DCF. This is because I challenged my opinion many times, spent hours reading and coding, until I shaped my mental model into a robust opinion. This enables me to accept the viewpoints of those who prefer to stay within their comfortable numerical guardrails.
  3. They don't understand game theory. It's that simple.
  4. I started reading it based on your recommendation, even though I had heard about it earlier. It appears we have similar perspectives on our thesis. Thank you for the excellent suggestion. I appreciate it immensely, even setting aside the Bitcoin matters. I like to acquire notions that expand my knowledge of our behavior as human animals. It's like reading the script code where the truth is rooted.
  5. My approach https://dscompounding.com/2023/02/20/optimalism-strengthen-your-body/ My results
  6. Added to VitaDAO after converting some of them into an IP-NFT named VITA-FAST which is a governance token representing the ownership of the IP of a rasearch on autophagy conducted by Viktor Korolchuk's lab. This is a governance token that represents the ownership of intellectual property from research on autophagy conducted by Viktor Korolchuk's lab. Although it's a micro position, it presents an interesting concept I'm keen to delve into.
  7. In the meantime https://www.bloomberg.com/news/articles/2023-06-27/hsbc-offers-trading-in-crypto-etfs-to-customers-in-hong-kong#xj4y7vzkg
  8. Even though I lean more towards Bitcoin, I still see many use cases for smart contracts. Recently, I participated in an opportunity offered to vitaDAO owners to purchase the first IP-NFT asset, which represents the intellectual property ownership of a series of IP generated by a university research laboratory active in studying autophagy as a means to develop compounds useful for extending human life. I find this concept interesting and exciting because health, and specifically nutrition, is one of my favorite topics. I've been fasting once a week for 24 hours for exactly three years because of the activation of the autophagy process during periods of caloric restriction. This is not financial advice; a tiny portion of my capital was deployed mostly for educational purposes.. https://www.vitadao.com/blog-article/announcing-the-vita-fast-token-sale-for-viktor-korolchuk-lab
  9. Thank you for the time you've dedicated to the article I've written.
  10. My investing philosophy plus portfolio description https://dscompounding.com/2023/04/24/compound-your-energy/
  11. I don't delude myself into thinking there aren't risks involved, but yes, I am patient. If I don't make bold decisions when opportunities arise, the years spent learning and writing about investing will have been wasted. Added to Bitcoin yesterday.
  12. I believe he wrote Meditations for the citizens of Rome, which was already declining in values and was the antechamber of the aftermath collapse
  13. Thank you spek. I usually prefer books as well, and I can suggest two amazing ones: "Meditation" by Marcus Aurelius and "The History of the Decline and Fall of the Roman Empire" by Edward Gibbon.
  14. I resurrected Marcus Aurelius, the last of the Five Good Emperors of the Roman Empire. We discussed his personal life, success, society, and currency debasement, drawing on his experience with the now-defunct Denarius. https://dscompounding.com/2023/03/31/chapter-iii-digital-marcus-aurelius/
  15. IMO, it's a checkmate situation. The inability of the central bank to raise rates without putting the financial system at risk fulfills the Bitcoin prophecy, which in the meantime has found its way as a hard money. This strengthens the myth and gives money to the supporters to play their role in the "reflexivity" dynamic. In other words, the Fed is financing its replacement because they don't have any other option. The more people realize the situation, the more people will switch.
  16. I am Swiss, and for many years, people have been questioning the pension insurance. This is because they are starting to realize that people now receive less money than in the past. The whole Swiss banking system is a trap designed to ensnare people through disadvantageous social insurance, funds and mortgages. What will happen is that over time, people will start to understand what money is and the consequences of avoiding this topic. We are starting to think long-term, as a more informed species, and the battlefield is knowledge and the willingness to be informed and to inform. At some point, the compound effect will kick in, and people will suddenly realize that we are immersed in an unsustainable web of illusions. The walls of this farce are cracking, and a coat of paint is no longer enough. We have to consume less atoms, build more bits and redistribute deflation forces equally. In other words reducing inefficiencies.
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