Stanley Druckenmiller⌗

no client, no performance pressure.
no down year. dont lose money. just mathematic. if you down 50%, you need 100% to get back to even.
the way to build long term record: when u see the ball, swing really big. when u dont see it, dont swing. at terrible year 0-5% pa and good year 50-60%, your number pretty good over time. just the way number works.

Ed Seykota ⌗

Thank you for sharing your analytics for the petroleum markets. You might consider if you prefer analyzing the markets or making money. You might consider taking your feelings about <having to analyze> to Tribe as an entry point.