The Final Page In the end, he was still sitting in front of the screen. Not because he hadn’t made enough money. And not because he still had something to prove to the world. It was simply because, after all the wins, all the losses, and all the times he thought he finally understood the market only to realize he understood nothing at all — he began to understand something much simpler: You don’t have to win every time. You just have to stay sharp enough to wait for the next right opportunity. He used to be impatient. He wanted to turn a thousand into a hundred thousand as quickly as possible. He used to think that a good opportunity was one you had to grab immediately. Then the market taught him that sometimes, the most valuable trade is the trade you don’t take. He still made money. He still lost money. He was still greedy sometimes. And there were still days when he looked back and wondered, “What if I had done things differently?” But he no longer lived by “what if.” He walked out of the room, leaving the screen behind. Tomorrow, the market would open again. Bitcoin would rise. Bitcoin would fall. There would always be another coin that made millions of people believe they were about to get rich. And there would always be another one that reminded them how dangerous overconfidence could be. And him? He would come back. Not to catch every wave. Just to wait for the wave worth betting on. And if there was one final thing he wanted to write to himself, it was this: Patience won’t make you rich quickly. But it keeps you alive long enough to become rich tomorrow. He turned off the screen. For the first time in many years, he didn’t need to know what tomorrow would bring. Because he knew he would face it. Zora.

The strongest coalitions are not just built on identical identities, but built when one community recognizes another’s pain—and shows up. In 1950s San Francisco, Chinese immigrant Sinclair Louie was blocked from buying a home in Sea Cliff. A Jewish lawyer, Ben Lehr, understood that exclusion and helped him fight it. Their story became a symbol of the Chinese–Jewish solidarity that helped build America’s Civil Rights coalition. But that coalition fractured when success caused Asian and Jewish Americans to be recast as “privileged”—too successful to deserve protection, even when facing violence. Asian Americans experienced that abandonment during the wave of attacks from 2020–2023. Jewish Americans are experiencing it now amid rising antisemitic violence. In both cases, institutions too often protect a political narrative before they protect actual people. The lesson is not that solidarity was a mistake. It’s that solidarity cannot be conditional on whose suffering is politically convenient. A must-read beautiful and powerful piece by Forrest Liu @notGarryTan : The Merchant and the Lawyer (link 👇) on @garryslist with @garrytan.

The wave of arrests in Iraq overnight has swept up 14 high-ranking politicians. Those detained: Muthana Al-Samaraie, Madhar Al-Kurawi, Mohammed Farman, Mohammed Al-Karbouli, Bahaa Al-Nuri, Alia Nassif, Hassan Al-Khufaji, Mohammed Al-Sihaud, Ibrahim Al-Sumaidi, Hind Al-Abassi, Ali Ma'araj, Alaa Sakr, Ziad Al-Janabi, and Mohammed Al-Mayahi.

In the latest episode of The Joy of Why, Jonathan Halliwell explains how quantum decoherence is key to understanding how we transition from the wave-like behavior of the subatomic world to the classical macroscopic world that we’re used to. 🎧 Listen:

'When the moon is on the wave & the glow worm in the grass & the meteor on the grave & the wisp on the morass When the falling stars are shooting & the answered owls are hooting & the silent leaves are still In the shadow of the hill Shall my soul be upon thine With a power & with a sign' (Byron/art Kobliha)