Now that the investor has passed phase 5, his capital responds much more efficiently, so the investor can direct it in order for it to behave in a desirable way. This is phase 6 and it will be completed when the investor's capital allocation is in full accordance with the investor's wish and ready to respond to any changes in those wishes.
Zen Zernanke Name and picture from twetch — not on-chain. The signature is; the profile is not.
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BSV is positioned to test whether the market actually requires a scalable blockchain.
We first have to see if there is enough baseline interest to tinker with the network.
Phase 4's beast is now part of the investor's life, but it is still wild. You either learn how to ride it or it will leave you picking up the pieces. This "taming" is phase 5. The creature's energy must be directed by the investor and not the other way around.
I am up 37% this year because I bough one stock last year.
Phase 4 is marked by the solidification of the path found in 2 and tested in 3 by bringing to life the horse that will help the investor ride to his destination. What in phase 3 depended entirely on its creator's inputs for every movement now starts to have its own energy.
Phase 3 starts when there is a plan and the struggle to execute the plan. The investor sees that it is possible. An investment opportunity is found or a company is founded, even a lucrative hustle, can serve as a means to the desired outcome. The investor is now in a battle.
Regressions to phase 2 and 1 may occur, capital is not yet secured.
Phase 2 begins when the investor commits to a plan and understands the baseline steps to launch it—such as securing a job, reaching a savings target, or starting a business. This phase is iterative, often looping back to Phase 1
My last trade was last year.
Bought $INTC, invested 20% of my net worth.
My last trade was lat year.
Bought $INTC, invested 20% of my net worth.
Mr. Market favors those who are calmer than he is.
Phase 1 is defined by a resolute desire to make an intentional effort toward changing one's financial situation.
Unlike Phase 0, this desire drives targeted learning with a clear, specific goal: discovering how to achieve financial stability.
There IS a goal, but not yet a plan.
Phase 0 ends as soon as the person has received enough information to form a notion that he needs to pursue an aim. In the case of the investor, it is usually a need to be able not only to provide for himself and those under his responsibility, but to be able to choose how to do it. This may happen as early as adolescence.
INVESTOR PHASES
The initial state is phase 0, where the investor doesn't know anything and is not searching for anything and is not fully aware he needs to drive himself. He is just receiving information from life, which will create a need that will send him to phase 1.
FYI, I am a value investor, but I also make some bets on certain setups that look asymmetric enough.
That said, I believe my view of the investor's journey does not depend on the investment style.
Going from having 0 experience in life and only yourself as capital, to having wealth is a phased process.
I will try to express them in words here.I have no other social media, I am only here.
if you are not the best entrepreneur, you better be good at figuring out who is (are).
My definition of investment: the intentional pursuit of eliminating opportunity cost.
Because cash is a proxy, its value depends on the production of real wealth, so don't care too much about cash.
If you want to understand the non-cash part of wealth, look at activities that generate a cash surplus and things that people and companies need for their lives.
Cash is the common language.
Cash is good for measuring the value of all other things.
Physical cash is less than 2% of global wealth.
Checking accounts, savings deposits, and money market funds account for around 1/5 of global wealth.
hello Twetch