09/22/2022-My Trading/Investing notes: There is often a lot of discussion around the negative consequences of rising rates in terms of assets like stocks and bonds depreciating. I think it is worth recognizing the long term positives of getting a lot of world debt cancelled. Sometimes the only way to train new behavior is to cause enough pain for long enough for new habits to be established. Once this all works through (no idea on the timing, will simply follow prices), we will be upon a lower risk opportunity to build tremendous wealth and the wind will be at our back instead of in our face as it is currently. 

I'm looking forward to a capitulation in order that I can buy significant assets for a major move, similar to what we had with the recent 20%er June to August. It will likely be even better. I'm talking down the line here, though this has been my specialty over the years, buying and selling the major moves in the market. I've done this simply by obeying a few indicators and prices. No stressing out over the day to day news. It is an illusion of knowledge anyway. I think where that can be helpful is determining when sentiment has gotten stretched when used with the other indicators/prices. It is normally a big waste of time though and designed to create emotional turmoil which then in turn creates bad decisions. 

Everyone does it differently, though I've learned to stick with what I'm good at and never break my mandate. Specialize and execute. Resist the other temptations that will try and take me off my course, this includes assets I'm not confident in, overdoing it on news, charts, speculations, and trying to be someone else.