Here are a few thoughts and links for the weekend:
* The thoughts, emotions, and behaviors that we repeat in our day-to-day lives are those that will inevitably dominate our trading. Our trading psychology will never be better than the psychology of our daily lives.
* Successful people--and successful traders--face limitations and restrictions creatively, by finding new ways to thrive in their new environments: How we make working from home work for us.
* Amazing things happen when team becomes a verb--something we do--and not just a noun: The workplace (and teamwork) of the future will be a flexible one.
* If the Fed indeed targets an *average* inflation rate of 2%, then it will tolerate periods of even higher inflation without tightening policy. Stocks, commodities, bonds: could we be relatively early in the process of fueling asset inflation?
* Greatness is the sum of small improvements, rigorously and continually implemented: The goal is consistency, not just profitability.
* Very big picture thinking from Ray Dalio re: historical cycles and what they mean for the U.S. and the U.S. dollar.
* Achievement is a twin function of 1) pushing ourselves to do better and 2) being pulled by a vision of what is possible. The first gives us our direction; the second provides our energy.
Have a great weekend--
Brett
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