It's going up forever, Laura. And not in a de minimis way.

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Cinco de Mayo on a Tuesday??? Gonna be an epic 🌮

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the credit risk is de minimis

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Yep, it doesn’t work. I retired from short term trading when my daughter was 2 and my wife wanted to go back to work. It took me about 3 days to learn it wasn’t possible to look after a kid and to trade short term. Fortunately I had enough capital by then to live off of my stock portfolio. Intended to go back to trading when she started school, she’s now 11 and I’m still just running a boring zero-leverage stock portfolio and a very small trading book that takes 3-12 month options positions. I don’t need the money and I am enjoying a stress-free life, going to the gym and spending time with loved ones. Everyone needs to ask themselves, when is enough, enough? There’s nothing wrong with de-risking once you’ve got big boy capital that can carry you through life without working. Sure, $100m would be nice, but my life wouldn’t change anywhere near as much if I hit that number vs if I fucked up and went to zero. The ‘trade’ is highly asymmetrical and not in my favour. I’ve not worked in years, I’d want to kill myself if I went broke, yet $100m would mean I get a bigger house I don’t need and maybe trade my Porsche 911 for a Ferrari. Not worth it.

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but then Cinco de Mayo, the biggest taco event of all year

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De list NVDA

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They gonna rename it Cinco de 🥭

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Monday the 4th feels lucky. Then Cinco de Mayo Taco Tuesday extravaganza.

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