CEO, Parisian Family Office. Began Wall Street in '82. Founded investment firm, Native American Advisors, '95. White Earth Chippewa. Raised on reservations. Conservative. NYSE/FINRA arbitrator. Drexel Burnham alum. Pureblood, clot-shot free. In a world elevated on a tech-driven dopamine binge, he trades from GHOST RANCH on the Yellowstone River in MT, TN farm, PAMELOT or CASA TULE', the family winter camp in Los Cabos, Mexico. Always been, will always be, an optimist.

Thursday, April 01, 2021

From where I sit, briefly speaking.................

Have you ever seen an eagle sitting on a branch with it's mouth open to the heavens waiting on a rabbit to drop in? No. Those big, beautiful, majestic eagles I love to watch, whether Golden or Bald, scratch and claw for every meal they get their entire life, and in that scratching and clawing they are provided for.

Humans tend to think we can get our life, our health, our marriage, our children, our career, our giving, our key relationships and other areas of our life to a certain place without scratching and clawing.  If you listen to the liberal goons in government you would think it is the governments role to make everyone fat and happy and successful and rich and retired and healthy without anyone doing the work.   

It's not going to happen.   I haven't known anyone beyond immaturity that doesn't know what I am talking about.

Work is good, for every person in the world.

I love to work.

You see, I have everything I ever prayed for and am focused on living a life that I don’t need a vacation from.  Trading for a living is one of the greatest accomplishments in my life.  It gives me total freedom and control of my time.  When people learn how to make money with money, they will never trade time for money.

There are many reasons why I love trading. At the top of the list is that every day requires me to be the best version of myself I can be.

I am not a victim of the market or a victim of anything or anyone. I control my trading. I alone am responsible for my P&L. The market can’t hurt me nor can it help me.  I control what the market does to my portfolio because I control what is in my portfolio.  Long or short, it's my responsibility.  

I am somewhat amazed at how little Americans know about managing their own finances and investments.   Schools don't teach the basics, students don't care to learn, that's obvious.  If we gave every person on the Ft. Berthold Indian Reservation where I grew up $1,000,000 today it wouldn't have changed a thing in 5 years.  The people who have little today would have little then.  Same at Crow, same at White Earth, same at Hopi, same at Yankton.  It's the basics they don't have and I learned long ago, unfortunately there is no money in education.  It's poor pay for time.  There was no serious money in educating tribal councils and playing politics and no money in educating students.  

To me wealth doesn't actually require a vast horde of money, real wealth is freedom and control of one's life.

The most important attributes of human capital don't require money;  determination, self-discipline, organization, a voracious appetite for knowledge and work, an insatiable curiosity, a generous heart, a knack for friendship and the purposeful pursuit of your goals, these are the tools to acquiring real wealth through work. 

But those attributes take work.  And it's in dam short supply in America today.  




No comments: