"In the morning you go gunning
For the man who stole your water
And you fire 'til he is done in
But they catch you at the border
And the mourners are all singing
As they drag you by your feet
But the hangman isn't hanging
And they put you on the street, yeah
You go back, Jack
Do it again
Wheel turnin' round and round
You go back, Jack
Do it again" - Steely Dan
"A handful of men have become very rich by paying attention to details that most others ignored." - Henry Ford
Knowing who you are is a philosophical core noted by Benjamin Graham to Ludwig von Mises.
Acting as a race car running on red in personal & professional life in 2012 & 13 resulted in disaster. Fortunately, The Gods have grated peace and after 5-6 years of rebuilding the feeling to see more clearly is a daily gift.
The Alcoholic - Failed Stockbroker Narrative is Perfect. Love it. Ironically the business was built on the delta between price & value around corporate fixed income and West Texas Intermediate [Crude Oil secular low in 2001]. Initial larger clients were more in tune with commodities & fixed income. Physical gold / silver coins were acquired as core holdings for most all new larger clients in 2002/2003 driving Morgan Stanley insane. Idea was Strategic Partners. Goal is the transition to become the Insurer / House / Owner vs Tactical Player.
In jail one recognizes past distasteful actions when receiving only a few letters as my popularity was near nil questioning everything. Coming full circle relearning I had been greatly misguided in life from all levels going back to Annapolis was harsh but constructive.
Riding a TREK bicycle in all conditions & finding a focus has been a god send. Clarity of mind and focus will be paramount on the next leg of this comeback.
Last Summer could have been significant setback - as of today it appears actions and specific chess moves could be in place to greatly benefit future goals.
This BLOG is about a potential book and roadmap for ANYONE looking to build capital & become a proficient entrepreneur. No longer in the advisory community the idea here is documentation of person experiences along the way.
"We eat our own cooking."
- Warren E. Buffett, American Businessman, in Berkshire Hathaway’s 1996 Owner’s Manual on having almost all his net worth in Berkshire shares.
It's not taken personally of Warren's political connections. His golf tournament on 09.11.01 with many WTC Tower 2 Fiduciary Trust employees was all most fortuitous as was the presidential plane landing in Nebraska at the local military airport there that day. We do however look at the actions of these insiders instead of all the Council on Foreign Relations propaganda to the masses. Actions always speak worlds over Words.
Current portfolio can continue to be built with the correction in gold shares. The 20 years high on the Federal Reserve Note [U$ Dollar] versus most Western Banking country nations has kept most the natives still interested in PROMISISES 2 PAY in North America.
U.K. & European Fixed Income Investors may be considering allocating more to payment in full as Collateral.
My 2001 Paradigm Shift has helped pave the way for this Opportunity.
Goals for 2024 include an Oceanside California sail boat with the future wife and building in a strategic part of Nevada for tax / lifestyle reasons.
Lake Mojave seems to be calling as does the need to learn to foil / wind - surf.
Rōnin Gallery is one option. At 52 anything is possible with a healthy body. Recent book by Paul Chek.
West Texas Intermediate & most crude oil prices collapsed below $0 in the spring of 2020. 18-22 months later many stocks saw incredible gains with the commodity trading back in 3 figures.
We see a similar set up in gold given the paper leverage, securitization and impressively distorted physical markets.
Passive Investing & A Paradigm Shift for many high-net-worth investors should spark the move.
Coin shops empty here in Southern California. Beautiful.
- Christopher
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