The Fidenza Macro digest, May 8
I made this video back in 2009. It’s a sketch of a young kid interviewing for a job as a trader, and I made it using a basic online animation editor during idle hours on the trading desk. The video ended up going viral in the trading community, and once in a while I meet someone who says “Wait, you’re the guy who made this video???”
If you are a data scientist or an engineer who makes a living writing code, I would be worried. If you need a data scientist or a coder, you’re in luck! AI is here to help.
The media believed this was the future of journalism. You wouldn’t guess what happened next.
How Starship Will Change Humanity by Tomas Pueyo
I’ve made a few space-related investments in my lifetime, and I’m excited about the low-cost access mankind will have to space once Starship takes off successfully.
What I Think Is Going On 1) with China-US Relations, 2) with Their Relations with Other Countries, and 3) in China by Ray Dalio
Another optimistic piece by Ray Dalio. (Just kidding, it’s pretty bleak)
10 Pieces of Killer Insights and Enduring Wisdom for Traders
Tim’s podcasts are really long, so here’s a transcript if you prefer that. It’s a great interview that touches on so many subjects. Empathy, taking control of your digital life, satisficing vs optimizing, renouncing your US citizenship, how to use mentors, how to know when you have enough, and winning at life by understanding the following:
“1. Almost nothing is objectively true.
2. Beliefs are placebos. You’ve got to believe whatever works for you.
3. Rules and norms are arbitrary games that can be changed.
4. Refuse ideology. You need to accept ideas individually.”
Simply a great interview discussing the challenges the Fed, market, and economy are dealing with.