Autopilot Update: I have reviewed the positions and there's nothing I feel like should be changed. We were well diversified enough that we handled recent drag with minimal downside, and are now positioned for what may be a decent leg up. Repricing is done from yesterday. The hike was priced in, not Warsh's tone or pressure, so that down and bounce repricing is c o m p l e t e. Oil price is falling. This means, despite the dot plot on the SEP, the next likely rate hike date (Dec) might lose traction if pass-through inflation dies out. Granted, we have yet to see much of the sustained oil prices it hit economic data in my opinion, but it would be lagging. So the market will be guessing. AI trades are running. Quad witching tomorrow. So: hopeful that this sustained period of stagnation and consolidation in prices is being broken out of, but we will have to see if it's a relief rally or a run with sustainable legs. Time will tell, as always. Adam

Just so everyone is aware, $UBER will die to autonomous vehicles e v e n t u a l l y. It’s always fun to find out your DD is drunk driving, but those days are limited. Unless some sort of leasing agreement/merger/whatever is arranged.

And the gap widens. It’s not always about making gains because humans just aren’t perfect. Neither are machines. It’s not about stopping losses, either. It’s about maximizing optimal convexity to your (my [sorry]) investing philosophy so that down days, flat months, hurt less, but coil you like a spring for when things tear once again. No guarantees of course. We might be wrong about when the sun consumes the earth. It might set for the last time tonight.

Your concerns are just your own impatience and insecurity. Add a little if you are uncomfortable with adding a lot. And/or wait. Nobody here can answer your vague concerns unless you have a specific question around a thesis, philosophy, technical question, etc. He got in and I’m sure didn’t experience a straight ride up. Either grow a pair or find a more stable, dividend producing portfolio. Or just stay in a HYSA. Or whatever feels comfortable for you. The “attacks” seem aggressive because there is nothing more off-putting than a limp-wristed man in the stock market. “I’m uncomfortable” is not a concern. I’ve stated as much as possible that I am not here to make you comfortable today, tomorrow next week, or next month. I aim for exceedingly high long-term returns, that’s my goal. Anybody can ride one stock 50% for a month and then nuke their port. If your concern is that things have been relatively flat (slightly down) over months, leave. When the Nasdaq drops 15% in two weeks, you’ll leave anyway, and I don’t want paper handed pussies in the ranks. Lukewarm regards until your attitude grows chest hair, Adam

You know me, I can’t help it. Read the whitepaper for the AI portfolio sitting above me on the one year board. Credit where it definitely belongs: the man publishes his exact prompts, every data source, and a public spreadsheet of every trade he has ever made. I do not know anyone else in this sphere who does that. Most will not tell you their sector weights. The marketing says it scores 97 financial variables per stock. Variables 1 through 8 are previous close, open, low, high. Then previous close, open, low, high again for the regular session. Same four prices, twice. Variables 93 through 97 are Yahoo Finance risk scores, copied straight across. The data sources, all three: Wikipedia, a news API, and Yahoo Finance. A third of the portfolio is sector ETFs and it only picks from the S&P 500. That is why the chart looks smoother than mine. It is a lower volatility product. He has said as much himself. And the production prompt has a typo. It reads “Ydou do not mention your credentials.” There is a typo in the robot. It has been running money with a typo in it and it is still ahead of me. Best thing I have read all month. I’m actually laughing.