You want to be a macro hedge fund trader? Imagine the hypothetical. You’re taken to a psychiatric ward. There‘s a girl, sitting naked on the floor. She’s rocking. She’s not spoken to anyone for months. What do you do..?
RD Laing a rockstar psychiatrist popular in the psychedelic late 60s went into the room, stripped off naked and started rocking with her. Within 20 mins they were chatting. Ronnie would have made an awesome macro trader...
For when investing we interact performatively with others and they react back. But we don’t know what their reaction will be. In this sense, investing is relational and experimental. You got ti be prepared to expose yourself to ridicule. You sure you’re ready?
It’s aN open-ended process of discovery. Of figuring out what the other side will do and reacting to it. It’s a dance of agency
It’s why the golden rule in macro is just do it! Livermore got this instinctively - the feeling of curiosity sated or intrigued by the drama of adopting a risk position. Buy, sell, long, short, advance, retreat...begin the dance of agency. Go on, I dare you...
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