Joshua Trujillo > Recent Status Updates

Dont fall victim to confirmation bias, everyone wants to be right or their ideas to be correct. Use logic and understand risk and luck can be applied. Last chapter is a summary of the book. Things I learned; Having time is the most precious luxurious thing you can buy, do what i want. Also, save money, no matter what. Dont be too risky but take minimal risk, it all comes with risk. Stay optimistic and lucky :)

What kind of investor am I? Short or long, do i chase the quick dopamine or wait. Im okay waiting, years.
The negative garners more attention, press, media etc. people tend to be attracted to it. But positivity or good things take time and aren’t talk about as much. Thats okay, lets celebrate the small wins and stay OPTIMISTIC. “People like to hear the world is going to hell”. Greatness aWAITS. Con tiempo

Always account for room for error, safety margin. Save money and always make sure to have a safe zone where we can either pull out or still operate comfortably. As you grow older, your pov on money and career will change, not mine hopefully.
Investing comes with a fee, its not free and dont expect positives/returns all the time. The fee you pay is losing money, crashes, scary times. Its part of the game mannn

its easier to save money than to make money. Income may go up but that takes time, I can save right now.
Reasonable>Rational I should invest 100% in this stock because the smart people say i should, well, i want to invest in x stock simply because i like it, it makes me happy :)
We cannot use the past to predict the market, it will always surprise us. Where there is a surprise or historical event, we can make money!

Diversity your pro folio, we may lose 10 but the big 2 that we win will matter the most. “I can do whatever I want today” GOAT talk and the life goal. Being wealthy is what we really want, Wealth>Rich

Interesting, luck plays heavily in getting rich or being poor. Those born in great depression think about money differently than those living in the 90’s. Subjective and history changes your perception on money.

Awesome