Preparation
is Key:
Opportunity in the Markets
Market prices, in the end, are a built-in feedback mechanism—like the stopwatch in motor racing. And just like the stopwatch never lies, neither does the market.
A few years ago, I was having a conversation with a friend who trades stocks. The names of several companies were mentioned. One of them stood out—I had been researching the company myself. I shared some insights on the company—key products, revenue sources, etc.
His response? “I don’t care if they sell used und… [OK, let me stop there].”
It was funny, but it was also telling. We were both looking at the same stopwatch, but we saw two different races. Remember, I said he trades stocks; he didn’t really care much at all about the company.
DD
I had gone the opposite direction; it was the result of me just finding new ways to apply my curiosity. But I ended up finding a new path. I knew I’d found the right direction, too.
How? Because I knew the profit I made was not an accident. The market never lies, and the investment I made was neither an accident nor by chance. I had knowledge of the field. The company was a biotech company; I was a student studying genetics and economics. I knew I had to double down on due diligence—I wasn’t looking to gamble.
Fortune. Most men gamble with her, and gain all, and lose all, as her wheel rolls. But do thou leave as unlawful these winnings, and deal with Cause and Effect, the chancellors of God.
Ralph Waldo Emerson
x2
In biotech, the details matter—a lot. Developments in biotechnology are highly technical, cross-disciplinary, multifaceted, difficult to bring to market, and harder still to make profitable (so good luck gambling). Now, that’s not exactly breaking news; I mean, the name says it all.
But why does this all matter? Well, I’ve said it before: The discovery of the gene will prove to be humanity’s most transformative of all. While the field of genetics and its applications in biotechnology have already started to bear fruit, it is still early days.
That means that (unless you have a time machine) there is no better time, and there will be no better time, than right now, as you’re reading this, to become consumed with one idea: being prepared for the coming biotechnological revolution.
Your wealth and your health will depend on it, and things will escalate faster than you think.
The greatest shortcoming of the human race is our inability to understand the exponential function.
Albert Allen Bartlett
Zeit
You cannot wait for the revolution. Sensing the spirit of the times is a myth; you are not sensing the spirit, rather, the spirit is doing what spirits do—possessing you. You can only sense the spirit of the coming times.
Most people chase waves when they’re crashing. Very few see the swells, get in the water at the right time, carefully position themselves, and wait patiently for the waves to arrive.
The funny thing is, none that matters if you’re not prepared to surf. You must plug the gaps in your knowledge, or you will get crushed. Big waves are coming.
Geist
Right about now, you might be scared you enough to think that sitting out is the answer, but I would argue that is the worst choice of all.
There’s nothing worse than fence-sitting. Fence-sitting means, someone’s dragging your ass down. You’re just waiting for it to happen. There’s more spirits over the wall than on our side, so… they’re gonna grab you.
By fence-sitting, you are still gambling—you are betting that you will behave rationally when the spirit of the times possesses you. And to that I say, even Isaac Newton chased the crashing waves of the South Sea Bubble.
We do not sit on the fence—we swing for it.
If you’re as curious as me and want to prepare, but don’t know where to start…
Check out my GPT: Biotechquity GPT
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