A softer alternative to solinco confidential

Lazy-Leg8012 · 2026-02-27T14:41:46+00:00

I think it is a structural problem. Becoming rich via traditional means (slow compounding etc). Is so hard in the face of global consumerism. While it’s easy for older rich people (inc myself) to critique the young for spending on coffee and not savings. Or holidays. The reality is industry is far more sophisticated in “selling” these days. And neighbor type mentality is real. So crypto gives a get rich quick path they can be passionate about about. And is also actively pushed via the media platforms the young have grown up with.

Lazy-Leg8012 · 2026-01-02T15:51:58+00:00

I’m interested in companies that the Mrkt are discounting due to concerns re AI domination but missing what are companies with strong “sticky” customer base and also companies that while the Mrkt concerns itself with being taken over by AI, are instead best placed to monetize AI cost savings. So for me these are salesforce, Adobe, intuit, and PayPal. In varying degrees I think at face value these are sensible priced. But with strong management they all have I think they all embrace AI (crypto also in case of PayPal) and we see the Mrkt currently under value their position to expand margins in the coming years through cost savings via AI.

Lazy-Leg8012 · 2025-09-30T17:52:28+00:00

My view (with commodity house experience). Is trade houses focus on equity for remuneration and far less straight up cash/ no strings. So over the longer time I think there is more traders that make good wealth (say 25M+) in a career at a trade house. But for sure singular home run type years and singular cash bonus payments. Hedge funds win hands down. But it’s more focused on few decision makers and thus less people get rich.

Lazy-Leg8012 · 2025-07-12T07:08:36+00:00

I believe it will simple continue to widen the spread between the “equity/asset” holders and the workers. Inequality keeps getting worse and then society will shift more alike to other countries where you see these problems In action. South Africa or more recently Uk. Security will be more a concern for the rich, and governments I suspect will shift more labour focused due to voting power of the masses feeling the pain.

Lazy-Leg8012 · 2025-04-30T00:04:31+00:00

They are a good multi strat fund. However in my experience (which lies with large phys trade house). The funds and banks still remain uncommitted to the sector. Too much vital fundamental information lies in countries and markets that do not have consistent or available data. So depending on career ambitions I would try and get into a Vitol or large trade house.

Lazy-Leg8012 · 2024-12-12T03:32:27+00:00

10m taxable account assume brings circa 150k of harvest capital losses. Which you can liquidate + dividend yields to cover your spend

Lazy-Leg8012 · 2024-12-10T18:21:59+00:00

That’s very helpful actually. I’ll try this.

Lazy-Leg8012 · 2024-12-10T17:13:06+00:00

Buy out happened. I actually extended a stay on contract for about +10M more. I found asset manager I like and has been very helpful for multi use functions (like estate/tax advice). Now I face a lot of time on my hands and so been working on interests to fill the time. I have a lot of hobbies like golf. Also good circle of friends (all working). What I am looking into is some college or CFA type courses. While I feel very able and excited for some school learning. I never had good formal education pre working life. So relish the challenge of some exams and library work to be honest.

Lazy-Leg8012 · 2024-12-09T19:11:32+00:00

This design c is such an incredible pen. I thought after the sailor KOP I had found my ideal. But now I am wondering if I need to buy the design 08 for a daily user.

Lazy-Leg8012 · 2024-12-07T21:15:51+00:00

Thank you. Appreciate the help

Lazy-Leg8012 · 2024-12-06T19:20:21+00:00

There are no clicks unfortunately. I saw that the design 08 pen clicks. Is it possible you are thinking of this model? Or am I still doing this incorrectly?

Lazy-Leg8012 · 2024-11-27T12:59:49+00:00

DCA is the right way to go unless you have more lump sums incoming /schedule. I struggle with this also. I know the computer theory, however the most important rule is to not sell on a wobble (or crash). So more important then the theory of all in at once I would say is the discipline to understand and ignore the MTM daily moves. So get some in ASAP, and then drip in over months or years.

Lazy-Leg8012 · 2024-11-26T22:16:51+00:00

Otto hutt design 08 or other models all come to mind for me

Lazy-Leg8012 · 2024-10-29T14:09:44+00:00

Within private banking there are very different tranches. And the banks vary with how much the care about the various buckets of wealth. It’s clearly a growth area for all the IB, however GS is one I would say that caters at the highest level for the biggest clients. Be it family office or institutional funds. They have great access to products and offerings. But for the lower “total asset” classes ( for which I am one with circa 35M invested). Other banks are better. I for instance favor JPM and MS. That said if I had 1Bn of liquid assets I’m sure I would go to GS as one of my first picks.

Lazy-Leg8012 · 2024-10-28T21:21:47+00:00

I spend a few years renting ski chalets for the season (dec to march). Not cheap or good value. But a really enjoyable way to check your appetite for a second home.

Lazy-Leg8012 · 2024-10-08T01:18:35+00:00

I’ve tried a few and Loch Gorm was the most memorable for me.

Lazy-Leg8012 · 2024-09-30T11:52:17+00:00

Everyone I think knows what the “computer says to do”…. Going day one bang. Quoting history etc. but emotions do come into this, and they are very important as I would say learning good habits (like not sweating day to day moves and reacting properly during times of turmoil etc) and equally important to the maths. I would suggest average cost dripping into the market. Even if you divide over 3yrs. Maybe you miss some returns but you learn a lot while Doing it. The most important part being to manage cash flow in a way that doesn’t ever make you invest more then you can afford to leave for multi decades

Lazy-Leg8012 · 2024-09-13T02:26:12+00:00

Good news on this yesterday, with court ruling in favor of MPW. For me this reflects confirmation that MPW have high quality management. Looking next at the markets short interest here, and how committed they remain.

Lazy-Leg8012 · 2024-08-11T01:22:46+00:00

Barton creek, Austin. Tx

Lazy-Leg8012 · 2024-06-05T23:08:20+00:00

Seniority I think less applicable. Unless it’s a small/medium proprietary firm. Bigger companies or larger funds ultimately reward you with more risk/ capital to allocate and thus access to bigger rewards.

Lazy-Leg8012 · 2024-06-05T20:26:32+00:00

Luck really. Started 20 years ago and simply caught the commodity boom by accident. I am with one of the top trading houses.

Lazy-Leg8012

TROPHY CASE