if an asset goes from $1 to 10 to 5 (say in a year) there is more "failure" energy produced than "success" energy rising momentum causes the bulk of the volume to have entered during the high prices
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so the long term perspective can see a success w/ a x5 gain while the short term perspective sees a 50% loss b/c the short term perspective only has the mob mentality that enters as 10 as a point of reference
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individual thought is necessary for long term thinking because emergent mob identities like the giant bird that emerges when a bunch of smaller birds move together are ephemeral events if you ONLY feel alive when u r part of something then each "Life" is very short livedpic.twitter.com/aOT7jtxdp2
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similarly, when learning math, the individual HAS to walk through the process as an individual. analogies and metaphors help with revealing parts of the territory to unblock & motivate but helicoptering to the top of mt. everest is not the pointhttps://twitter.com/a_yawning_cat/status/1393072216904925188 …
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so while each identity is ephemeral and short lived, each one leaves footprints that over time form desire paths that latter identities can follow life becomes not only a gluttunous ingestion of Now. Now expands to include a remembrance of the pasthttps://twitter.com/a_yawning_cat/status/1408311103063412739?s=20 …
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however at the end of the path each identity has to revert to individual trailblazing otherwise the paths can easily loop in on each other incestuously the production of individual thought stops and only old identities r rehashed over and overhttps://twitter.com/a_yawning_cat/status/1394526629825712128?s=20 …
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buying new clothes
or buying a new car
changes the way you "get around". they are attempts at reinventing yourself
going on a vacation or changing careers similarly create new contexts
both create new FLOWhttps://twitter.com/a_yawning_cat/status/1296746213069352967 …Show this thread -
there is subconscious understanding that if ur always starting off from a climactic insight then the living will always be a downwards trajectory the new identity has to be something that makes work WORTH it whether it is fitting into a new dress or learning about electric cars
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so while individual thought often leads to lonely places, loneliness itself is not a replacement nor a guarantee nor the point of individual thoughthttps://twitter.com/a_yawning_cat/status/1408230896159834113 …
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individual thought is risk, risk is deviation from the consensus, and deviation from the consensus risks death that's how u save that which has been abandonedhttps://twitter.com/a_yawning_cat/status/1408230905911549952?s=20 …
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End of conversation
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