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a_yawning_cat's profile
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@a_yawning_cat

stray thoughts, loosely held. rat jaeger.

California, USA
aycat.substack.com
Joined December 2018

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    1.  🐈‏ @a_yawning_cat Jun 20

       🐈 Retweeted  🐈

      related to this is a misunderstanding of volatility. many imagine PRICE going up and down as volatility and think "yeah whatever that sounds easy" but forget that volatility always is due to new INFORMATIONhttps://twitter.com/a_yawning_cat/status/1393072212475670531 …

       🐈 added,

       🐈 @a_yawning_cat
      something that gets missed when experts say "no one knows in the short term but long term blah blah blah" is that no one knows in the short term. sure the WORDS are literally right there but the actual meaning is missed
      Show this thread
      2 replies 0 retweets 3 likes
      Show this thread
    2.  🐈‏ @a_yawning_cat Jun 20

       🐈 Retweeted  🐈

      they prepare themselves for price volatility in a vacuum and then get blindsided by actual news induced volatility which creates the dynamic of "all my friends are buying" or"all my friends are selling"https://twitter.com/a_yawning_cat/status/1395039658187259907?s=20 …

       🐈 added,

       🐈 @a_yawning_cat
      u can have access to my personal volatility roller coaster to experiment w/ your personal psychology: …https://stock-analyzer-ibfzk28je-theory-a.vercel.app/  https://twitter.com/a_yawning_cat/status/1383129373608275968 … pic.twitter.com/cRGanVsX93
      Show this thread
      1 reply 0 retweets 1 like
      Show this thread
    3.  🐈‏ @a_yawning_cat Jun 20

      this creates the sensation of "oh no i didn't prepare for THIS" which gets interpreted as unexpected game changing information that justifies a change of plans this is y it's very difficult to hold onto an asset during dips unless all your "friends" are also holding

      1 reply 0 retweets 1 like
      Show this thread
    4.  🐈‏ @a_yawning_cat Jun 20

      if "diamond hands" is the ability to stay contrarian despite increasingly strong external pressures, then "pseudo diamond hands" is a strategy of staying contrarian by being conformant WITHIN a contrarian group

      1 reply 0 retweets 1 like
      Show this thread
    5.  🐈‏ @a_yawning_cat Jun 20

      so while joining a cult makes certain behaviors much easier than they would've been without the cult, the downside is that your personal flexibility is limited by the cult. the cult really has to be *right*

      1 reply 0 retweets 1 like
      Show this thread
    6.  🐈‏ @a_yawning_cat Jun 20

      and in a risk domain similar to poker, this concept of "right" or "wrong" is stupid e.g. imagine playing poker and asking "is this decision Right or Wrong?" (even in games like chess this question doesn't make sense)

      1 reply 0 retweets 1 like
      Show this thread
       🐈‏ @a_yawning_cat Jun 20

       🐈 Retweeted  🐈

      so "diamond hands", rather than a fanatic stubbornness, should be more like the ability to play poker even when others are bluffing. it's "nerves of steel" not "blindfolded yolo"https://twitter.com/a_yawning_cat/status/1406269005145333762 …

       🐈 added,

       🐈 @a_yawning_cat
      aggression as a playstyle/strategy in sports and games basically means to play in a way that gives the opponent less time to react this is unintuitively the core secret to tempo/flow/ooda
      Show this thread
      8:27 PM - 20 Jun 2021
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      0 replies 0 retweets 1 like

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