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macrocephalopod's profile
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macrocephalopod

@macrocephalopod

Paul Allen, Vice President M&A, Pierce & Pierce (Sie/Hir) | Vegan | Silence is Violence | Women’s Rights Are Human Rights | ACAB (Assigned Cephalopod At Birth)

Joined December 2020

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    1. Stinson  🌲 🪓  🏠‏ @LumberTrading 20 Jul 2021

      Here’s the thing about hedging. If lumber goes to $2000, an unhedged trader gets to retire early making great money, while the hedger makes good money. If lumber goes to, say, $490, the unhedged trader has a big problem, while the hedger makes good money.

      6 replies 1 retweet 60 likes
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    2. Stinson  🌲 🪓  🏠‏ @LumberTrading 20 Jul 2021

      Lots of business lessons to be learned with this mindset, too. Hedge your biggest customer by avoiding concentration. Same w vendors. Pay for very nice insurance on all things: AR, inventory, liabilities etc etc. Hedge your top salesperson. Hedge your back office. Hedge your data

      1 reply 0 retweets 28 likes
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    3. Stinson  🌲 🪓  🏠‏ @LumberTrading 20 Jul 2021

      Hedge your lifestyle. Hedge your growth. Hedging puts the whole game in your favor, over time. I guess this allows for compounding. Can’t compound if you can’t make it through all markets. BUT it takes money to hedge. Resources. Discipline. Accountability. Experience.

      5 replies 0 retweets 31 likes
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      macrocephalopod‏ @macrocephalopod 21 Jul 2021
      Replying to @LumberTrading

      Hedge life. Hedge a job. Hedge a career. Hedge a family, Hedge a fucking big television Hedge washing machines, cars, Compact disc players, and electrical tin openers. Hedge good health, low cholesterol And dental insurance.

      1:16 AM - 21 Jul 2021
      • 5 Likes
      • Hachmama.Slava Ukrani.eth 🍀💙💛 Goan Simon Robert Martin Nick Tomlinson
      1 reply 0 retweets 5 likes
        1. Stinson  🌲 🪓  🏠‏ @LumberTrading 21 Jul 2021
          Replying to @macrocephalopod

          Always have two families like Dollar Bill.

          0 replies 0 retweets 1 like
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