This is a quick post about what’s going on in the RIP Empire Building.
It’s been a very intense March 2021 for me, and it’s not over yet!
Before we start, save the date: March 31st 2021: Live spreadsheet update on YouTube!
I didn’t plan to write about Crypto today. It’s not a topic that interests me much. But every other question I receive is about Cryptos and NFTs, and I think it might make sense to vomit my thoughts about this fantastic world that my boomer brain can’t fully grasp.
I sometimes question my possibilist approach to almost everything. I will find convincing reasons behind every side of each debate about any topic. I’m aware of the work required to have an opinion and I do my best to keep my opinions at bay when I haven’t done all “the work required”. The more I look for “the truth”, the more I discover that I know nothing.
John Snowcrates is my hero.
But on the crypto thing, truth is so clear to me that I need to pay respect to my biases. I’ve looked for other sides of reality, listened to respectable exponents of the crypto-enthusiasts crowd, and approached the global discussion with an open attitude.
The more I look around, the more I think I see it clearly: in their current form, cryptos are Ponzi schemes. And NFTs are Ponzi schemes squared.
I’m a huge fan of Paul Graham.
Paul is the co-founder of Y Combinator and one of the greatest essayist of modern era.
I’ve read I guess 70% of his essays, several of them multiple times (I reached double digits re-readings count on The age of the Essay) and I’ve already shared some of his essays in my Learning Journals with you in the past months.
A good chunk of my life philosophy has been influenced by Paul’s writing. I wish I had his writings available when I was younger. Luckily you, 20-years-younger-than-me reader, have access today to his entire body of work.
Few months ago this crazy idea popped up in my mind: I wanted to write The Almanack of Paul Graham.
Hi dear Ripsters,
This is the first post of a short(?) series of posts about my experimentations with Stock Options, in particular with Covered Calls.
In this episode I’ll show you what is a covered call, and why adding them to your portfolio might be a good idea.
I plan to write more posts about my option trades, how to trade options with Interactive Brokers, and… I don’t know yet, it’s a relatively new topic for me! I’ll surely document the evolution of my strategy over time, the mistakes I make, and the lessons I learn.
Your feedback is very well welcome 🙂
Again, managing options is dangerous. like playing with a knife. It can be the most useful tool in the world, but you do one thing wrong and you cut your finger. I’m only using this tool to reduce risk.
Hi RIP readers, welcome to the March 2021 edition of the Monthly Learning journal (MLJ).
Luckily for you, this edition will be shorter than usual… LOL, why do I keep promising the unpromisable?
I’ve had a crazy second half of February (going public, going viral, launching services, hundreds of people reaching me out…) where I had literally no extra time to read, watch, listen and learn. Let’s not even talk about “leisure”…
Anyway, Today MLJ themes are: Wealth, Investing, Thinking, and being a multitude 🙂
This MLJ is also available in my public Roam Database with expanded notes when available, and some extra content 😉
Next Episode on Monday April 5th, 2021. (in 5 weeks this time, with 25% more content!)