The essence of life is one group coaxing another group into living, and the other group needs to be coaxed in order to live.

The essence of life is one group coaxing another group into getting by, where the latter needs to be coaxed in order to survive.

This world has always been about fewer people creating more wealth. Once you understand this pattern, you know there can never be the kind of stability you might imagine, because the overarching trend is that people are constantly being replaced, and ever-fewer people are doing what once required many.

Making money is, at the end of the day, like the oil seller

You either make consistent profits on a few specific instruments, or you make consistent profits across multiple instruments using a fixed approach. Those are the only two possibilities.

You can't possibly use every method to reliably make money on every instrument.

There aren't really people with fixed strengths or weaknesses. At the end of the day, it all comes down to one thing: some people genuinely want to get something done right, while others just want to coast.

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