Not Caring: A Unique and Powerful Skill
Feb 28, 2019 by Morgan Housel
Jiddu Krishnamurti was an Indian philosopher. His message became more candid as he aged.
In one famous moment during a talk, he asked the audience if they wanted to know his secret.
He leaned forward, and whispered: “You see, I don’t mind what happens.”
This is a unique and powerful skill if you can actually do it.
Why Smart People Make Bad Decisions
By Morgan Housel Nov 1, 2016
“One of the most persistent fallacies is the reflexive association of wealth with wisdom,” investor Ed Borgato tweeted this week.
Another is the association between intelligence and good decisions.
Not only are they two separate things, but there are instances where high intelligence prevents people from making better decisions.
Notes From The Field By Simon Black
April 19, 2019 Dorado, Puerto Rico
Are You Descended From The Visigoths? Get Ready To Pay Up!
Each Friday we highlight a number of important, and often bizarre stories from around the world that my team and I are closely following:
Cory Booker introduces reparations bill LINK
Get ready for a slippery slope, because because Cory Booker just introduced a reparations bill in Congress.
"Inglorious Bank Story" by Restive Sage - 4.19.19
Entry Submitted by Restive Sage at 3:51 AM EDT on April 19, 2019
None of the bank stories on this site, for 3 plus years, have ever seemed to truly become eventful, at least to our knowledge. I never dreamed I would have one of my own, even if it is second hand. I have tried to reproduce as best I can the details of my friend's story, which is highly interesting. I had gotten up early and driven the 100 odd miles to his city yesterday morning for a business lunch.
We met at 8:30 for breakfast. He had already told me on the phone that he could not wait to tell me his news. We don't see each other all that often but do like to catch up and talk about local business goings-on, changes in our local economy, yada yada yada.
For the last three years we always seem to get around to talking about currency intel. Today, he was outside his usual stoic demeanor. His face was literally flushed and his eyes were sparkling.
[JESTER] HELLO AND HAPPY THURSDAY EVERYONE...
[JESTER] GOOD DEAL... LOT'S OF MISINFORMATION RUNNING AROUND EVERYWHERE THIS WEEK...
[caro] JESTER is the misinformation on purpose? Doesn't seem like you can believe anything
[JESTER] caro IT IS CIRCULAR INFO... IT GETS SPREAD FAR AND WIDE BECAUSE NO ONE KNOWS WHAT IS REALLY GOING ON... SO THEY PICK UP ON WHAT ONE PERSON SAYS... AND IT GETS BIGGER...
[Dinar Chaser] JESTER I’m not sure how to ask this, so here goes. I know about the authorized group contracts with the treasury department. Then I hear about a currency revaluation scenario. Are the two related or the same thing? Can you help bring clarity to both scenarios?
.IQDCalls Chat Early Friday 4-19-19
Post From IQDCalls Chat Room
Chat Room News Excerpts & Highlights Early Friday 4-19-19
larrykn GM everyone
larrykn Trade Bank Iraq opens first international branch in Saudi Arabia
larrykn Abd al-Mahdi meets with crown prince Mohammed bin Salman
AM chattels There is no transparency in Iraq or about any revaluation of it's currency., If the dinar is to have any sudden increase in value then we will not be told in advance and no one reading the news will be able to reliably anticipate such, IMO.
Thank you PDK
Emailed to Recaps
MarkZ Friday Morning Update: Some highlights by PDK-Not Verbatum
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
Member: I was told by a good source that CMKX and groups by Sunday night and 800 numbers on Monday
MZ: That is pretty close to what I am hearing….it appears we are passed the point of no return and we will have it by Monday Morning…..is what I have been told…money is in place and they will finish moving all the large amounts over this weekend and start banking Monday Morning ..
All my sources agree there was tremendous movement overnight and that we will get 800 numbers either Sunday night or Monday Morning…. It's a little back and forth on that one...one source says late Sunday night and another says Monday morning
At any rate it appears Easter weekend is our weekend.
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