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      "title": "My Bodacious Pizza Odyssey",
      "body": "@@ -4438,80 +4438,9 @@\n n.  \n-This was the first pizza where my wife said, %E2%80%9CWow%22.  Sniffle sniffle...\n %0A\n+\n %3Ccen\n@@ -4986,118 +4986,8 @@\n es. \n- My wife added Japanese mayo and Okonomiyaki sauce and it seriously kicked ass. (I was skeptical, to my peril)\n %0A%3Cce\n@@ -5404,32 +5404,32 @@\n 8.jpg%3C/center%3E%0A%0A\n+\n - I was too lazy\n@@ -5561,34 +5561,8 @@\n sage\n- (my wife%E2%80%99s glorious idea)\n  and\n",
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      "body": "# <center>How deep the rabbit hole goes…</center>\n\n<center>![Red Pill.jpg](https://cdn.steemitimages.com/DQmY9EC6ucsPtjXaq3CSPPcUbxEV6fVwkT8Nhu8m7ZN2Yg7/Red%20Pill.jpg)</center>\n\n(The purpose of this blog is to provide a perspective shift on global macro goings-on.  The world is a fascinating place, when you get past the bullshit.)\n\n<center>![marijuana_1-1.png](https://cdn.steemitimages.com/DQmX48H5JC8iQqVXZW8hZVch4NZD27cB2KpzRcc1MKhFFN3/marijuana_1-1.png)</center>\nA.  Weed.  Almost inevitable to be legal in all 50.  Tax receipts are in dire need by every state in America.  Legalize weed = new revenue stream.  They can only increase property taxes so much…  That will open the door to researching use as a treatment.  Read more @ Real Vision:\n    * https://www.realvision.com/free-stuff/20-20/5-oct-2017/\n\n<center>![fang2.jpg](https://cdn.steemitimages.com/DQmeg1ByPkMtgT9k6WqKjPW9UAX5jJJuEf231BjyRHVM4EZ/fang2.jpg)</center>\nB.  Populism spells trouble for FANG stocks (Facebook - Amazon - Netflix - Google).  The warts of these companies have been known for a long time, however populism is causing them to matter.  These stocks markup a part of so many ETF's that if they break, the pain will be felt everywhere.  Maybe that fact will keep them from breaking?  Maybe not?  From John Thornhill at The Financial Times via Jesse Felder @ The Felder Report:\n<center>![Screen Shot 2018-06-13 at 10.18.49 PM.png](https://cdn.steemitimages.com/DQmSnqrshud3qozXU1vegBe22Mn7QYg819UgfuJf5uzNQwJ/Screen%20Shot%202018-06-13%20at%2010.18.49%20PM.png)\n\n\n<center>![OBOR.jpg](https://cdn.steemitimages.com/DQmdSHyyXFjasM1hKXvKBAj7TSijcjN4yZY4JDYZXEpGWSo/OBOR.jpg)</center>\nC.  Everyone is talking about the Trump / Kim Jong Un meeting.  Its important of course, but its really all about China. Near the top of the list is their One Belt One Road project.  There are so many levels to this that I am just gonna post a link featuring Dr. Pippa Malmgren with some great overviews:\n    \"Let’s understand what we are talking about here, whatever we call it. It’s China’s effort to strengthen its connections with the world by land, air and sea. It involves the construction of highways, railways and airports that start in Eastern China and link China by land through central Asia into the Middle East and into Western Europe. Call it the new Silk Road. The Chinese have just completed the world’s longest railway link, which runs from Yiwu in China to London.\" - Dr. Pippa Malgren, via [Foreign Policy Concepts](www.foreignpolicyconcepts.com). \n    * https://foreignpolicyconcepts.com/malmgren-obor-bri-international-security/\n\n<center>![augur flat.png](https://cdn.steemitimages.com/DQmPLr8RksJtRQXF26mX1FuH6Xh9AciVKwKFKUQjahUUSSR/augur%20flat.png)</center>\nD.  Next generation crypto.  Maybe like the internet was with the first dotcoms, there will be a crash and then the Amazons and Apples will come out and blossom.  One has to imagine this is what we are seeing.  One of the more interesting areas is things being buit on top of Ethereum.  Creating markets is an incredibly challenging process.  Trust and verification are critical, as well as difficult to do.  Augur aims to do this using the blockchain.  If they can pull it off, I think it will be a seminal moment for the blockchain.  Augur launches in July.\nhttp://www.augur.net/about/",
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      "title": "Debunking Some Investment Myths",
      "body": "<center>![myth-roadsign.jpg](https://steemitimages.com/DQmYjZ6CUHvg8oyKW8sbNYg4FPTtDpJexXG4QuJ8VqHsUHf/myth-roadsign.jpg)</center>\n\nPutting money to work in the stock market (or any money market) without having a plan that fits your psychology and your portfolio size is akin to getting up off the couch, taking a few sips of beer, and stepping out onto the field expecting to compete with world class athletes thanks to the magical benefits of fermented barley and hops.  Magical and beneficial though they are, you are going to need a bit more than our fermented friends barley and hops.\n\n# <center> Written By The Best Investors In The World</center>\nSome of the best investors in the world write amazing, thought provoking letters.  These people have produced incredible returns, averaging sometimes greater than 30% return over their careers.  In some cases, those figures are actually audited (see Brandt, Peter).  Even going with the very best, there are still a hidden catches waiting to crush your dreams and your portfolio's bottom line.\n\nSo...WHAT IN THE HELL GIVES?!?\n\n# <center>Without Further Ado, The Catches</center>\n# 1. POSITION SIZING\nLet's keep this simple.  \nSay you have a hundred bucks to invest:  $100\nYou read a recommendation for a marijuana stock.\nYou LOVE weed.\nThe story is PHENOMENAL.\nYou decide to play it conservative and buy thirty bucks worth of stock: $30\nYou have now invested thirty percent of your portfolio in one recommendation: 30%\nThe CEO of this Mary Jane company uses all the cash they have to roll blunts and they go bust: -30%\nYou are now left with seventy percent of your initial investment: 70%\nIn order to simply get back to your original 100%, it will require a return of:  30%/70% = 42%!!!\nIn layman's terms, you are screwed.\nWe can keep doing math or I can just tell you:  If you take more than 1-2% risk per investment/trade/whatever you call it, you are INSANE!!!\n<center>![homer all work and no beer.jpg](https://steemitimages.com/DQmWoG1JuWRdGL2QnASbNoFj2yC9UHuXiqfVXueWfzArdri/homer%20all%20work%20and%20no%20beer.jpg)</center>\n<center>*Gracias Simpsons...you magnificent bastards.</center>\n\n# 2. YOU MUST PARTICIPATE IN EVERY SINGLE TRADE YOUR GURU TAKES\nSO MANY PEOPLE make the mistake of picking and choosing which trade recommendation to take when they sign up for an investment newsletter or even when listening to your HOT TIP specialist.  This is setting yourself up for disappointment.  Most investors are little better in their win percentage than 50%.  So if you pick and choose, it is very likely that you will pick nothing but losers.  Meanwhile, your guru still ends up returning 20% on the year.  SHITE!!!\n\n# 3. LIFE AIN'T SCHOOL!  \nIt is easy to fall into the trap of worrying about being right, or win percentage.  What you should be worried about is your ratio of the SIZE of your winners to losers.  Investing is akin to hitting a baseball.  You don't need to be right 50% of the time to succeed.  Some all-time greats have a 40% win record.  Imagine trying to convince your teacher that 40% was a good score.  On a multiple choice test, a wildly wrong answer is still just as wrong as a kind of wrong answer.  Not so much in the real world.\n\n40% can produce amazing returns.  Here's the math for those keeping score at home:\n\n60% of your investments are -1\n40% of your investments are +2\n\n60 x -1 = -60\n40 x 2 = +80\n80 - 60 = 20% RETURN!!!!!\n\n# HAAAALLLELUJAH!!!!!!\n<center>![catman southpark hallelujah.png](https://steemitimages.com/DQmRUptxE7yidYjvExqVf7wYoaZ25zPdFQdqeC39vy4qPLb/catman%20southpark%20hallelujah.png)</center>\n<center>*Gracias South Park...you magnificent bastards</center>\n\n# <center>So What To Do?</center>\nQuite simply: simplify, simplify, simplify.  \nHere's an idea for a strategy:\nDevote a chunk of money to your guru or your HOT TIP specialist.\nRisk 1% or less on each idea.\nOnce you are up money on one of the recommendations, add another 1% and move your exit point to break even.\nExit anything that hits your initial loss level (keep your 1% risk at 1%).\nRepeat.\n\n<center>![Blow_Kiss_Emoji_grande.png](https://steemitimages.com/DQmdf3RaArJekvqpVELXzsbtGB1jqdgih8UXEEDjbuqSzzq/Blow_Kiss_Emoji_grande.png)</center>",
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