1. Never get into something you can't get out of by the closing bell. 
Every trade you make, you're looking for the exit point. Always keep 
your eyes on the exit point.

2. Don't ever take anything at face value. Because face value is the 
biggest lie of any market. Nothing is ever priced at its true worth. 
The key is to figure out the real, intrinsic value-- and get it for 
much, much less.

3. One minute, you have your feet on the ground and you're moving 
forward. The next minute, the ground is gone and your're falling. The 
key is to never land. keep it in the air as long as you fxxking can.

4. You walk into a room with a granade, and your best case scenario 
is walking back out still holding that granade. Your worst case 
scenario is that the granade explodes, blowing you into little bloody 
pieces. The moral of the story: don't make bets with no upside.

5. Don't overthink. If it looks like shit and smells like shit- it's 
a shit.

6. Fear is the greatest motivator. Motivation is what it takes to 
find profit.

7. The first place to look for a solution is within the problem 
itself.

8. The ends justify the means, but there's only one end that realy 
matters. Ending up on a beach with a bottle of champagne.


>From the book " UGLY AMERICAN$"



 

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