Man I love ❤️ Love the Perspective, I went from A wealthy family to being poorer and I realized how different the mindset is of the two perspectives now I’m middle class with lots of children but I cherish the perspective I have gained and I Really appreciate Gary’s perspective!!!
Thanks for interviewing Gary. Absolutely admire his determination and application of real grit into as a regular dude snatching success at the top echelons. 👏
Interesting guy, but I don’t think that economic inequality is the problem, rather it is a symptom of a fundamental flaw in the constraints of the game itself. All men are not created equal, and as such economics is really luckenomics where the bell shaped curve of distribution is over opportunitistically exploited by those outside two standard deviations. A more equitable economic structure would recognize this fact an allow those less lucky to live in dignity somehow recognizing that their misfortune is actually an asset for societies as a whole. Certain Native American tribes knew this, and their ideas were exported, first to Europe as the beginning of liberalism and compassionate governance. Don’t forget the fantastic inequality as such did not happen overnight, and the righting of the ship will be iterative as well. There is no big simple switch we can throw and wake up to a new era.
I'd say the structural problem is even more fundamental than economics. It's how do you prevent powerful people from influencing the political process and turning our electees into puppets who create tax rules that can sometimes zero out tax for the extremely well off. It's one thing to know that the wealthy should pay their fair share, but another to devise a practical system that is robust against work-arounds and corruption (and stays that way over time despite the ingenuity of people). In addition to fair tax rates, how do governments prevent offshoring of assets and shell companies to avoid taxation? Oversight, investigation, and litigation all cost money, and the international corporations have much more of it.
Gary is not the first person to talk about the cost of living in this world as a human. Humans are the only creature that has to pay to live. Philosophers have been saying this for centuries. At the end of the day, Gary should not think it’s his job to save everyone because in reality, people don’t care. They want to be numb to the idea of what is happening. Until it happens, people won’t see his message. So at the end of the day, what will happen has already happened. Only the best survive. I suggest everyone to try day trading as a vehicle for wealth. It’s the easiest vehicle.
I read this book, and it's great. If anyone deserves a following,. it's Gary Stevenson.
ditto. Ditto
A fantastic book which I very much enjoyed via audiobook.
Man I love ❤️ Love the Perspective, I went from A wealthy family to being poorer and I realized how different the mindset is of the two perspectives now I’m middle class with lots of children but I cherish the perspective I have gained and I Really appreciate Gary’s perspective!!!
The last seven minutes -on point. My copy of the book 📖 is on its way.
It'd be great to follow this up with Gary Stevenson, UK trader.
Thanks for interviewing Gary. Absolutely admire his determination and application of real grit into as a regular dude snatching success at the top echelons. 👏
Thank you for your life, Gary
Good stuff stevi
Money in itself is debt so yes fx swaps have a lot to do with trading debt.
Interesting guy, but I don’t think that economic inequality is the problem, rather it is a symptom of a fundamental flaw in the constraints of the game itself.
All men are not created equal, and as such economics is really luckenomics where the bell shaped curve of distribution is over opportunitistically exploited by those outside two standard deviations.
A more equitable economic structure would recognize this fact an allow those less lucky to live in dignity somehow recognizing that their misfortune is actually an asset for societies as a whole.
Certain Native American tribes knew this, and their ideas were exported, first to Europe as the beginning of liberalism and compassionate governance.
Don’t forget the fantastic inequality as such did not happen overnight, and the righting of the ship will be iterative as well.
There is no big simple switch we can throw and wake up to a new era.
I'd say the structural problem is even more fundamental than economics. It's how do you prevent powerful people from influencing the political process and turning our electees into puppets who create tax rules that can sometimes zero out tax for the extremely well off. It's one thing to know that the wealthy should pay their fair share, but another to devise a practical system that is robust against work-arounds and corruption (and stays that way over time despite the ingenuity of people). In addition to fair tax rates, how do governments prevent offshoring of assets and shell companies to avoid taxation? Oversight, investigation, and litigation all cost money, and the international corporations have much more of it.
The brokers have not changed much. LOL
She is so out of touch with him and what he is saying.
I do not see much real anger in N. America now.
Gary is not the first person to talk about the cost of living in this world as a human. Humans are the only creature that has to pay to live. Philosophers have been saying this for centuries. At the end of the day, Gary should not think it’s his job to save everyone because in reality, people don’t care. They want to be numb to the idea of what is happening. Until it happens, people won’t see his message. So at the end of the day, what will happen has already happened. Only the best survive. I suggest everyone to try day trading as a vehicle for wealth. It’s the easiest vehicle.