Alchanati Campbell & Associates
Dear Climber,
There is this beautiful girl in your presence. You’re amazed at her being, and her appearance is urging you to learn more about her. Her name, what she studies, what she likes, why she’s here… But you can’t seem to get yourself over there to initiate the interaction. There’s this invisible boundary between you and her. You keep imagining how the conversation will go, “Hi, I apologize for interrupting you, but I see you in here every day and I just wanted to tell you that no girl that comes in and out of here compares to you. You’re absolutely gorgeous.” But you’re still sitting across the room. You finally lose momentum and become content with the imagination before regret sets in. Let’s get to it: Relationships. Every successful interaction grows when we move further away from the environmental norms to a deeper interpersonal culture. Whether directly or indirectly, everything we do is shaped by our relationship with people. Most relationships we form remain in the introductory period, where the norms are upheld and with our defenses still in place. We remain here because we lack courage. The Market. The market tends to hear what it wants to, rather than what is really being said. If stocks rally until the central bank’s next meeting in March, we might see talk of a couple rate hikes. But Powell’s goal is not to spook investors with further hikes. The market is in late cycle and securities that are higher in quality and liquidity are preferable. “The key to a good life is not giving a fuck about more; it’s giving a fuck about less, giving a fuck about only what is true and immediate and important,” (Mark Manson). A confident man doesn’t feel a need to prove that he’s confident. The more you pursue feeling better all the time, the less satisfied you become, as pursuing something only reinforces the fact that you lack it in the first place. Being open with your insecurities paradoxically makes you more confident and charismatic around others. Who you are is defined by what you’re willing to struggle for. The question is not whether we evaluate ourselves against others; rather, the question is by what standard do we measure ourselves? It’s easier to sit in a painful certainty that nobody would find you attractive or appreciative of your talents than to actually test those beliefs and find out for sure. Rejection is an inherent and necessary part of maintaining our values. Life is about not knowing and then doing something anyway. Lessons learned from other people’s jobs. You can make a more powerful point in 10 words than you can 10,000 (Poet). The cumulative effects of small daily habits- both good and bad- add up to something enormous over time (Doctor). The winner is not always the most accurate, but the most persuasive (Politician). No argument is ever 100% airtight (Lawyer). Bet when others think the odds of success are low but be able to survive when those other people are right most of the time (Gambler). What people present to the world is a tiny fraction of what’s going on inside their head (Therapist). “The U.S. economy is growing almost twice as fast today as when I took office, and we are considered far and away the hottest economy anywhere in the world.” The State of the Union is a chance for the President to address the Nation with the hardships we have overcome and the problems we still face. But for President Trump, it was a chance to rally his troops after losing big in the midterms and facing heavy criticism for the longest government shutdown in U.S. history. Those who watched the speech noted that Trump was mellow and that the speech was uncharacteristically long and professionally presented. The theme of the State of the Union was “greatness” and in the pursuit of greatness Trump made another unusual move, he called for unity within the government. At face value, this was a very significant statement and one this country badly needed, unfortunately as Trump’s speech went on his motives became clearer. President Trump is currently the subject of no less than 18 investigations, and with strong Democratic support in the house, many of them will be able to move forward. As Trump began to recite, “if there is going to be peace and legislation, there cannot be war and investigation”, he was met with some applause that quickly faded as the implications of his words became clear. In a move paramount only to Richard Nixon’s call for Congress to stop investigations into the Watergate scandal, Trump called for a stop of the investigations into his affairs. He then threatened the economy stating, “An economic miracle is taking place in the United States and the only thing that can stop it are foolish wars, politics, or ridiculous partisan investigations," Basically saying nice economy you got here, it would be a shame if something happened to it. Keep Climbing, The Alchanati Campbell and Associates Team |
AuthorWHAT'S UP FRIDAY? is a weekly newsletter that will give you a summary of "What's up?" on Wall Street, in the US and around the World written by The Alchanati Campbell and Associates Team. What makes us unique is we focus on long-term knowledge; knowledge that will still be useful to you 10 years from now. Archives
July 2020
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