Trader Friend Quotes

Strangers had small interest in hurting you. That was always done best by your own family and friends.

It was well to impress one's enemies with a show of strength. It was even better to be sure one's friends remembered it as well.

Be content with you own life, my friend, and live it well. Let others decide for themselves what path they will follow.' She frowned up at him. 'Even when you see, with absolute clarity, that is wrong for them? That they hurt themselves?' 'Perhaps people have a right to their pain,' he hazarded. Reluctantly he added, 'Perhaps they even need it.

Veteran trader Marty O’Connell calls this the firehouse effect. He had observed that firemen with much downtime who talk to each other for too long come to agree on many things that an outside, impartial observer would find ludicrous (they develop political ideas that are very similar). Psychologists give it a fancier name, but my friend Marty has no training in behavioral sciences.

But what does she care? She does not even bother to remove the splintered glass, looking down at her bloody haunch with the cold blank eyes of a meat trader. What does she care for the atom bomb, the bedbugs, the cancer rent, Friendly Finance waiting to repossess her delinquent flesh … Sweet dreams, Pantopon Rose.

Why hadn't he realized that the first ones to kill were the ones closest to you, the ones who knew you best? It was the only way to eliminate the threat to yourself. What was the sense of killing a stranger? Strangers had small interest in hurting you. That was always done best by your family and friends.

Basically, it is your self-esteem that shapes the choice of your job, female, friends, and how you take care of yourself (health/hygiene/hobby's)!

Was not that truly the greatest benefit of wealth, that it allowed one to treat family and friends to what they deserved?

Risk is your friend. Don't be afraid of it. Understand it. Dance with it.

I remember that dress. It is quite old, isn’t it? Didn’t you wear it to one of the parties you gave to announce Keffria’s wedding to Kyle? It takes years off your face. You must be quite proud to be able to squeeze yourself into it still.” Ronica shook her head at the old family friend. “Davad Restart. Only you can so completely ruin so many compliments in one brief speech.

The blackest chapter in the history of this State will be the Indian guardianship over these estates,” an Osage leader said, adding, “There has been millions—not thousands—but millions of dollars of many of the Osages dissipated and spent by the guardians themselves.” This so-called Indian business, as White discovered, was an elaborate criminal operation, in which various sectors of society were complicit. The crooked guardians and administrators of Osage estates were typically among the most prominent white citizens: businessmen and ranchers and lawyers and politicians. So were the lawmen and prosecutors and judges who facilitated and concealed the swindling (and, sometimes, acted as guardians and administrators themselves). In 1924, the Indian Rights Association, which defended the interests of indigenous communities, conducted an investigation into what it described as “an orgy of graft and exploitation.” The group documented how rich Indians in Oklahoma were being “shamelessly and openly robbed in a scientific and ruthless manner” and how guardianships were “the plums to be distributed to the faithful friends of the judges as a reward for their support at the polls.” Judges were known to say to citizens, “You vote for me, and I will see that you get a good guardianship.” A white woman married to an Osage man described to a reporter how the locals would plot: “A group of traders and lawyers sprung up who selected certain Indians as their prey. They owned all the officials…. These men had an understanding with each other. They cold-bloodedly said, ‘You take So-and-So, So-and-So and So-and-So and I’ll take these.’ They selected Indians who had full headrights and large farms.

Popper’s falsificationism is intimately connected to the notion of an open society. An open society is one in which no permanent truth is held to exist; this would allow counter-ideas to emerge. Karl Popper shared ideas with his friend, the low-key economist von Hayek, who endorsed capitalism as a state in which prices can disseminate information that bureaucratic socialism would choke. Both notions of falsificationism and open society are, counterintuitively, connected to those of a rigorous method for handling randomness in my day job as a trader. Clearly, an open mind is a necessity when dealing with randomness. Popper believed that any idea of Utopia is necessarily closed owing to the fact that it chokes its own refutations.

Take comfort in this, Amber. You are only one small, short-lived creature. You’d have to be a fool to think you could change the course of the whole world.” She was silent until she broke out in a shaky laugh. “Oh, Paragon, in that you are more right than you know, my friend.

It pleased him to shock her with the news he had another friend. Sometimes it irritated him that they expected him to be so pleased to see them, as if they were the only people he knew. Though they were, they should not have been so confident of it, as if it were impossible a wreck such as he might have made other friends.

Why hire what you could buy outright? That seemed to be the philosophy here in the slavemart, yet Wintrow wondered how those shopping for slaves could not see themselves in their faces, or recognize one's neighbors. No one else seemed disturbed by it... It seemed that, in the eyes of the buyers, a failure of finances instantly changed a man from a friend or neighbor into merchandise.

Pham Nuwen spent years learning to program/explore. Programming went back to the beginning of time. It was a little like the midden out back of his father’s castle. Where the creek had worn that away, ten meters down, there were the crumpled hulks of machines—flying machines, the peasants said—from the great days of Canberra’s original colonial era. But the castle midden was clean and fresh compared to what lay within the Reprise’s local net. There were programs here that had been written five thousand years ago, before Humankind ever left Earth. The wonder of it—the horror of it, Sura said—was that unlike the useless wrecks of Canberra’s past, these programs still worked! And via a million million circuitous threads of inheritance, many of the oldest programs still ran in the bowels of the Qeng Ho system. Take the Traders’ method of timekeeping. The frame corrections were incredibly complex—and down at the very bottom of it was a little program that ran a counter. Second by second, the Qeng Ho counted from the instant that a human had first set foot on Old Earth’s moon. But if you looked at it still more closely. . .the starting instant was actually some hundred million seconds later, the 0-second of one of Humankind’s first computer operating systems. So behind all the top-level interfaces was layer under layer of support. Some of that software had been designed for wildly different situations. Every so often, the inconsistencies caused fatal accidents. Despite the romance of spaceflight, the most common accidents were simply caused by ancient, misused programs finally getting their revenge. “We should rewrite it all,” said Pham. “It’s been done,” said Sura, not looking up. She was preparing to go off-Watch, and had spent the last four days trying to root a problem out of the coldsleep automation. “It’s been tried,” corrected Bret, just back from the freezers. “But even the top levels of fleet system code are enormous. You and a thousand of your friends would have to work for a century or so to reproduce it.” Trinli grinned evilly. “And guess what—even if you did, by the time you finished, you’d have your own set of inconsistencies. And you still wouldn’t be consistent with all the applications that might be needed now and then.” Sura gave up on her debugging for the moment. “The word for all this is ‘mature programming environment.’ Basically, when hardware performance has been pushed to its final limit, and programmers have had several centuries to code, you reach a point where there is far more signicant code than can be rationalized. The best you can do is understand the overall layering, and know how to search for the oddball tool that may come in handy—take the situation I have here.” She waved at the dependency chart she had been working on. “We are low on working fluid for the coffins. Like a million other things, there was none for sale on dear old Canberra. Well, the obvious thing is to move the coffins near the aft hull, and cool by direct radiation. We don’t have the proper equipment to support this—so lately, I’ve been doing my share of archeology. It seems that five hundred years ago, a similar thing happened after an in-system war at Torma. They hacked together a temperature maintenance package that is precisely what we need.” “Almost precisely.

Steve nodded. “I agree, it isn’t fair, but it’s something we have to face. Life does that to you sometimes. You have to deal with scary things that could cause serious consequences for you. Destroy your dreams. Destroy your friends and family. Erase everything you’ve worked for. That’s why, you must face it head on. You can’t try to hide from it or react to it with half measures. We have to give this fight everything we have and fight to keep what we love.

I decided early in graduate school that I needed to do something about my moods. It quickly came down to a choice between seeing a psychiatrist or buying a horse. Since almost everyone I knew was seeing a psychiatrist, and since I had an absolute belief that I should be able to handle my own problems, I naturally bought a horse. Not just any horse, but an unrelentingly stubborn and blindingly neurotic one, a sort of equine Woody Allen, but without the entertainment value. I had imagined, of course, a My Friend Flicka scenario: my horse would see me in the distance, wiggle his ears in eager anticipation, whinny with pleasure, canter up to my side, and nuzzle my breeches for sugar or carrots. What I got instead was a wildly anxious, frequently lame, and not terribly bright creature who was terrified of snakes, people, lizards, dogs, and other horses – in short, terrified of anything that he might reasonably be expected to encounter in life – thus causing him to rear up on his hind legs and bolt madly about in completely random directions. In the clouds-and-silver-linings department, however, whenever I rode him I was generally too terrified to be depressed, and when I was manic I had no judgment anyway, so maniacal riding was well suited to the mood. Unfortunately, it was not only a crazy decision to buy a horse, it was also stupid. I may as well have saved myself the trouble of cashing my Public Health Service fellowship checks, and fed him checks directly: besides shoeing him and boarding him – with veterinary requirements that he supplement his regular diet with a kind of horsey granola that cost more than a good pear brandy – I also had to buy him special orthopedic shoes to correct, or occasionaly correct, his ongoing problems with lameness. These shoes left Guicci and Neiman-Marcus in the dust, and, after a painfully aquired but profound understanding of why people shoot horse traders, and horses, I had to acknowledge that I was a graduate student, not Dr. Dolittle; more to the point, I was neither a Mellon nor a Rockefeller. I sold my horse, as one passes along the queen of spades, and started showing up for my classes at UCLA.

All of us have a right to our lives. But what if, for lack of guidance, we take the wrong paths? Take Wintrow for instance. What if he was meant to lead a different life? What if, because of something I failed to do or say, he became King of the Pirate Isles when he was meant to be a man leading a life of scholarly contemplation? A man whose destiny was to experience a cloistered, contemplative life becomes a king instead. His deep spiritual meditations never occur and are never shared with the world.” Paragon shook his head. “You worry too much.” His eyes tracked a moth. It fluttered earnestly by, intent on battering itself to death against the lantern. “Humans live such short lives. I believe they have little impact on the world. So Wintrow will not be a priest. It is probably no more significant than if a man who was meant to be a king became a philosophical recluse instead.” He felt a shiver run over her body. “Oh, ship,” she rebuked him softly. “Was that meant to be comforting?” Carefully, he patted her as a father might soothe an infant. “Take comfort in this Amber. You are only one small, short-lived creature. You’d have to be a fool to think you could change the course of the whole world.” She was silent until she broke out in a shaky laugh. Oh, Paragon, in that you are more right than you know, my friend.” “Be content with your own life, my friend, and live it well. Let others decide for themselves what path they will follow.” She frowned up at him. “Even when you see, with absolute clarity, that it is wrong for them? That they hurt themselves?” “Perhaps people have a right to their own pain,” he hazarded. Reluctantly he added, “Perhaps they even need it.” “Perhaps,” she concluded unhappily." p. 781: Amber and Paragon:

Marjory Gengler (white American) to Mark Mathabane (black South African) in the late 1970s-- Marjory: Why don't blacks fight to change the system [apartheid] that so dehumanizes them? Mark's Response, from his memoirs: I told her [Marjory] about the sophistication of apartheid machinery, the battery of Draconian laws used to buttress it, the abject poverty in which a majority of blacks were sunk, leaving them with little energy and will to agitate for their rights. I told her about the indoctrination that took place in black schools under the guise of Bantu Education, the self-hatred that resulted from being constantly told that you are less than human and being treated that way. I told her of the anger and hatred pent-up inside millions of blacks, destroying their minds. I would have gone on to tell Marjory about the suffering of wives without husbands and children without fathers in impoverished tribal reserves, about the high infant mortality rate among blacks in a country that exported food, and which in 1987 gave the world its first heart transplant. I would have told them about the ragged black boys and girls of seven, eight and nine years who constantly left their homes because of hunger and a disintegrating family life and were making it on their own; by begging along the thoroughfares of Johannesburg; by sleeping in scrapped cars, gutters and in abandoned buildings; by bathing in the diseased Jukskei River; and by eating out of trash cans, sucking festering sores and stealing rotting produce from the Indian traders on First Avenue. I would have told her about how these orphans of the streets, some of them my friends--their physical, intellectual and emotional growth dwarfed and stunted--had grown up to become prostitutes, unwed mothers and tsotsis, littering the ghetto streets with illegitimate children and corpses. I would have told her all this, but I didn't; I feared she would not believe me; I feared upsetting her.

The Poe Toaster by Stewart Stafford They call me The Poe Toaster, A sixty-year mourner, no boaster, With roses and cognac, I paid homage, To gothic Quarles’ eternal foggage. Some call me ghoul, stalker, graver, Obsessed fan, tombstone trader, Let him sleep unbroken, still his ghost, Tomahawk, overdue a tribute toast. Three roses; in-law, Eddy and wife, Cognac, exorbitant luxury in life, Relax, for I was kind, my friend, Pouring amontillado until the end. Why I stopped, if I'm woman or man, Are mysteries for C. Auguste Dupin, Shipwrecked on Night’s Plutonian shore, Allied with the silken darkness of yore. © Stewart Stafford, 2023. All rights reserved.

Outrageous grace is God’s goodness that comes looking for you when you have nothing but a middle finger flipped in the face of God to offer in return. It’s a farmer paying a full day’s wages to a crew of deadbeat day laborers with only a single hour punched on their time cards (Matthew 20:1 – 16). It’s a man marrying an abandoned woman and then refusing to forsake his covenant with her when she turns out to be a whore (Ezekiel 16:8 – 63; Hosea 1:1 — 3:5). It’s the insanity of a shepherd who puts ninety-nine sheep at risk to rescue the single lamb that’s too stupid to stay with the flock (Luke 15:1 – 7). It’s the love of a father who hands over his finest rings and robes to a young man who has squandered his inheritance on drunken binges with his fair-weather friends (Luke 15:11 – 32). It’s God’s choice to save a slave trader knowing full well that it would take a decade for this man to recognize the wretchedness of his ways. It’s one-way love that calls you into the kingdom not because you’ve been good but because God has chosen you and made you his own. And now he is chasing you to the ends of the earth to keep you as his child, and nothing in heaven or hell can ever stop him.

Or again, supposing prizes were offered to the magistrates in charge of the market for equitable and speedy settlements of points in dispute to enable any one so wishing to proceed on his voyage without hindrance, the result would be that far more traders would trade with us and with greater satisfaction. It would indeed be a good and noble institution to pay special marks of honour, such as the privilege of the front seat, to merchants and shipowners, and on occasion to invite to hospitable entertainment those who, through something notable in the quality of ship or merchandise, may claim to have done the state a service. The recipients of these honours will rush into our arms as friends, not only under the incentive of gain, but of distinction also. Now the greater the number of people attracted to Athens either as visitors or as residents, clearly the greater the development of imports and exports. More goods will be sent out of the country, there will be more buying and selling, with a consequent influx of money in the shape of rents to individuals and dues and customs to the state exchequer. And to secure this augmentation of the revenues, mind you, not the outlay of one single penny; nothing needed beyond one or two philanthropic measures and certain details of supervision.

The Dakota 38 refers to thirty-eight Dakota men who were executed by hanging, under orders from President Abraham Lincoln. To date, this is the largest “legal” mass execution in US history. The hanging took place on December 26, 1862—the day after Christmas. This was the same week that President Lincoln signed the Emancipation Proclamation. --- These amended and broken treaties are often referred to as the Minnesota Treaties. The word Minnesota comes from mni, which means water; and sota, which means turbid. Synonyms for turbid include muddy, unclear, cloudy, confused, and smoky. Everything is in the language we use. -- Without money, store credit, or rights to hunt beyond their ten-mile tract of land, Dakota people began to starve. The Dakota people were starving. The Dakota people starved. In the preceding sentence, the word “starved” does not need italics for emphasis. -- Dakota warriors organized, struck out, and killed settlers and traders. This revolt is called the Sioux Uprising. Eventually, the US Cavalry came to Mnisota to confront the Uprising. More than one thousand Dakota people were sent to prison. As already mentioned,“Real” poems do not “really” require words. --- I am a citizen of the United States and an enrolled member of the Oglala Sioux Tribe, meaning I am a citizen of the Oglala Lakota Nation—and in this dual citizenship, I must work, I must eat, I must art, I must mother, I must friend, I must listen, I must observe, constantly I must live.

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Every day, the markets were driven less directly by human beings and more directly by machines. The machines were overseen by people, of course, but few of them knew how the machines worked. He knew that RBC’s machines—not the computers themselves, but the instructions to run them—were third-rate, but he had assumed it was because the company’s new electronic trading unit was bumbling and inept. As he interviewed people from the major banks on Wall Street, he came to realize that they had more in common with RBC than he had supposed. “I’d always been a trader,” he said. “And as a trader you’re kind of inside a bubble. You’re just watching your screens all day. Now I stepped back and for the first time started to watch other traders.” He had a good friend who traded stocks at a big-time hedge fund in Stamford, Connecticut, called SAC Capital. SAC Capital was famous (and soon to be infamous) for being one step ahead of the U.S. stock market. If anyone was going to know something about the market that Brad didn’t know, he figured, it would be them. One spring morning he took the train up to Stamford and spent the day watching his friend trade. Right away he saw that, even though his friend was using technology given to him by Goldman Sachs and Morgan Stanley and the other big firms, he was experiencing exactly the same problem as RBC: The market on his screens was no longer the market. His friend would hit a button to buy or sell a stock and the market would move away from him. “When I see this guy trading and he was getting screwed—I now see that it isn’t just me. My frustration is the market’s frustration. And I was like, Whoa, this is serious.” Brad’s problem wasn’t just Brad’s problem. What people saw when they looked at the U.S. stock market—the numbers on the screens of the professional traders, the ticker tape running across the bottom of the CNBC screen—was an illusion. “That’s when I realized the markets are rigged. And I knew it had to do with the technology. That the answer lay beneath the surface of the technology. I had absolutely no idea where. But that’s when the lightbulb went off that the only way I’m going to find out what’s going on is if I go beneath the surface.

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It was extraordinary how many people told me they considered it burdensome to ask family or friends to listen to them - not just about their problems but about anything more meaningful than the usual social niceties or jokey banter. An energies trader in Dallas told me it was "rude" not to keep the conversation light; otherwise, you were demanding too much from the listener. A surgeon in Chicago said, "The more you're a role model, the more you lead, the less permission you have to unload or talk about your concerns.

the Great Flu had come to America on ships along with spices and sugar, then spread from husband to wife and mother to child and trader to trader by kisses and handshakes, cups of beer shared among friends and strangers, and the coughs and sneezes of men and women who didn’t know how sick they were and went on serving food and selling cloth and trading beaver pelts one day too long.

...White traders came to the Transkei, hot on the heels of the missionaries, to provide all the new needs that the missionaries demanded and to satisfy the new tastes that had been introduced... They were a hardy breed of men and women, these traders, isolated, lonely, and hard working. In order to survive in this sea of black people, they had to learn how to live with people. Very few of them slept with revolvers under their pillows or locked their doors. They knew they were safe among their neighbours. They had learnt who was who in the areas where they lived, ingratiated themselves with the most influential families, and kept friends with the majority of the people. They learnt the language of the people and made sure their children learnt it too. Some of them born in these parts knew Xhosa before they knew English. When Britain began replacing the civil service personnel in South Africa with locally born whites, most of their recruits came from this class of whites, who knew the Native and spoke his language. Recruits for missionary work too came from this class. Those of them who went on to universities became experts in the areas pertaining to Africans- Anthropology, African languages, Native Administration and Native Law. But though living among Africans, like all white SouthAfricans they never forgot that they were white.

It would help, he reflected, if he had the vaguest idea how one made friends with someone’s own age, but with whom one had next to nothing in common.

What we gave mostly was wine. Especially after we made this legal(!) by acquiring that Master Wine Grower’s license in 1973. Most requests were made by women (not men) who had been drafted by their respective organizations to somehow get wine for an event. We made a specialty of giving them a warm welcome from the first call. All we wanted was the organization’s 501c3 number, and from which store they wanted to pick it up. We wanted to make that woman, and her friends, our customers. But we didn’t want credit in the program, as we knew the word would get out from that oh-so-grateful woman who had probably been turned down by six markets before she called us. Everybody wanted champagne. We firmly refused to donate it, because the federal excise tax on sparkling wine is so great compared with the tax on still wine. To relieve pressure on our managers, we finally centralized giving into the office. When I left Trader Joe’s, Pat St. John had set up a special Macintosh file just to handle the three hundred organizations to which we would donate in the course of a year. I charged all this to advertising. That’s what it was, and it was advertising of the most productive sort. Giving Space on Shopping Bags One of the most productive ways into the hearts of nonprofits was to print their programs on our shopping bags. Thus, each year, we printed the upcoming season for the Los Angeles Opera Co., or an upcoming exhibition at the Huntington Library, or the season for the San Diego Symphony, etc. Just printing this advertising material won us the support of all the members of the organization, and often made the season or the event a success. Our biggest problem was rationing the space on the shopping bags. All we wanted was camera-ready copy from the opera, symphony, museum, etc. This was a very effective way to build the core customers of Trader Joe’s. We even localized the bags, customizing them for the San Diego, Los Angeles, and San Francisco market areas. Several years after I left, Trader Joe’s abandoned the practice because it was just too complicated to administer after they expanded into Arizona, Washington, etc., and they no longer had my wife, Alice, running interference with the music and arts groups. This left an opportunity for small retailers in local areas, and I strongly recommended it to them. In 1994, while running the troubled Petrini’s Markets in San Francisco, I tried the same thing, again with success, for the San Francisco Ballet and a couple of museums.

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Davad…” She shook her head slowly. “You have turned against us, Davad Restart. Open your eyes. Think what you are doing. Right and wrong is not profit and loss. Some things are too evil to make money from them. Right now, you may be gaining handsomely from the conflict between the Old and New Traders. But this conflict will not go on forever, and when it does end, there you will be. One side will see you as a runagate, the other as a traitor. Who will be your friends then?

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Colonel, my ass. That rotten Indian hater will only cause more problems out here for the real Army. If the man kept harassing and murdering innocent natives, there would be more Indian attacks and unrest at a time when the Army had few enough men in Colorado or anywhere else in the West to take care of such problems. Even the half-Indian Bent brothers, successful traders and friends to the Army and whites, were growing restless and resentful. Through

I see within you, young human. I see your soul at peace, and I see war at your fingertips. There is no greater friend than you, and no greater enemy. I seek to be called your friend.

Meals are occasions to share with family and friends. The ingredients are often simple, but the art lies in orchestrating the sun-warmed flavors. Courses follow in artful and traditional succession, but the showpiece of the meal is tender, juicy meat; this often means lamb or goat grilled or roasted on a spit for hours. Souvlaki--melting pieces of chicken or pork tenderloin on skewers, marinated in lemon, olive oil, and a blend of seasonings--are grilled to mouthwatering perfection. Meze, the Greek version of smorgasbord, is a feast of Mediterranean delicacies. The cooks of the Greek Isles excel at classic Greek fare, such as spanakopita--delicate phyllo dough brushed with butter and filled with layers of feta cheese, spinach, and herbs. Cheeses made from goat’s milk, including the famous feta, are nearly ubiquitous. The fruits of the sun--olive oil and lemon--are characteristic flavors, reworked in myriad wonderful combinations. The fresh, simple cuisine celebrates the waters, olive groves, and citrus trees, as well as the herbs that grow wild all over the islands--marjoram, thyme, and rosemary--scenting the warm air with their sensuous aromas. Not surprisingly, of course, seafood holds pride of place. Sardines, octopus, and squid, marinated in olive oil and lemon juice, are always popular. Tiny, toothsome fried fish are piled high on painted ceramic dishes and served up at the local tavernas and in homes everywhere. Sea urchins are considered special delicacies. Every island has its own specialties, from sardines to pistachios to sesame cakes. Lésvos is well-known for its sardines and ouzo. Zakinthos is famous for its nougat. The Cycladic island of Astypalaia was called the “paradise of the gods” by the ancient Greeks because of the quality of its honey. On weekends, Athenians flock to the nearby islands of Aegina, Angistri, and Evia by the ferryful to sample the daily catch in local restaurants scattered among coastal villages. The array of culinary treats is matched by a similar breadth of local wins. Tended by generation after generation of the same families, vineyards carpet the hillsides of many islands. Grapevines have been cultivated in the Greek Isles for some four thousand years. Wines from Rhodes and Crete were already renowned in antiquity, and traders shipped them throughout the Greek Isles and beyond. The light reds and gently sweet whites complement the diverse, multiflavored Greek seafood, grilled meats, and fresh, ripe fruits and vegetables. Sitting at a seaside tavern enjoying music and conversation over a midday meze and glass of retsina, all the cares in the world seem to evaporate in the sparkling sunshine reflected off the brightly hued boats and glistening blue waters.

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A fine sentiment,” said Minerva. “But making enough vaccine for a country is costly to say the least. Unless you want to go bankrupt you’ll never eradicate all of it, so you're going to have to chose who gets to live and who gets to die. An obvious choice to receive the vaccine first would be the farmers, since they are the ones solving your hunger problem. But the problem with farming is that its hard work and farmers must be accountable for their actions. To keep the farmers under control you’ll have to institute a Duke. That's when the trouble starts, because the Duke is going to oversee all the farmers and traders, so he’s going to demand that he and his friends get the vaccine first. The peasants will then get angry and rightfully so. You have to keep the nobility placated so they can keep the farmers controlled. At the same time you have to keep the nobility controlled so they don't get any ideas about who gets to run the show.” “Being Queen doesn't sound so fun anymore,” said Joseline.

Skin in the game can make boring things less boring. When you have skin in the game, dull things like checking the safety of the aircraft because you may be forced to be a passenger in it cease to be boring. If you are an investor in a company, doing ultra-boring things like reading the footnotes of a financial statement (where the real information is to be found) becomes, well, almost not boring. But there is an even more vital dimension. Many addicts who normally have a dull intellect and the mental nimbleness of a cauliflower—or a foreign policy expert—are capable of the most ingenious tricks to procure their drugs. When they undergo rehab, they are often told that should they spend half the mental energy trying to make money as they did procuring drugs, they are guaranteed to become millionaires. But, to no avail. Without the addiction, their miraculous powers go away. It was like a magical potion that gave remarkable powers to those seeking it, but not those drinking it. A confession. When I don’t have skin in the game, I am usually dumb. My knowledge of technical matters, such as risk and probability, did not initially come from books. It did not come from lofty philosophizing and scientific hunger. It did not even come from curiosity. It came from the thrills and hormonal flush one gets while taking risks in the markets. I never thought mathematics was something interesting to me until, when I was at Wharton, a friend told me about the financial options I described earlier (and their generalization, complex derivatives). I immediately decided to make a career in them. It was a combination of financial trading and complicated probability. The field was new and uncharted. I knew in my guts there were mistakes in the theories that used the conventional bell curve and ignored the impact of the tails (extreme events). I knew in my guts that academics had not the slightest clue about the risks. So, to find errors in the estimation of these probabilistic securities, I had to study probability, which mysteriously and instantly became fun, even gripping. When there was risk on the line, suddenly a second brain in me manifested itself, and the probabilities of intricate sequences became suddenly effortless to analyze and map. When there is fire, you will run faster than in any competition. When you ski downhill some movements become effortless. Then I became dumb again when there was no real action. Furthermore, as traders the mathematics we used fit our problem like a glove, unlike academics with a theory looking for some application—in some cases we had to invent models out of thin air and could not afford the wrong equations. Applying math to practical problems was another business altogether; it meant a deep understanding of the problem before writing the equations.

In imagining the Polynesians and their adventurous leaps across the Pacific, I consider the more recent voyages that have brought our own ship back and forth across these same waters—a modern steel vessel a hundred times more robust, connected by satellite and surrounded by a sense of the known. My scientist friends tell me of all the ways that the ocean and climate have changed since people first put to sea, but for a sailor on an open deck these transformations remain largely an abstraction. The flashing cursor and keyboard aside, it is hard here not to feel some connection with all the others who have crossed this ocean previously. Pacific voyagers, captains of discovery, the traders and mapmakers—surely all marveled at the same endless show of light and clouds. No doubt many were at times as cold and wet as us, and just as baffled by the unexpected.

Identifying Market Direction Market direction, popularly known as “trend” in trading, is one of the most important concepts that you must follow for you to succeed in this industry. Just like you should sell at resistance zones and buy at support areas, you should always trade along the main market direction. You cannot be trying to sell when the majority of traders and the big players are pushing the market up. There is a common phrase that you will hear traders throwing around; that the trend is your best friend. Many traders hear about this concept, but they fail since they do not understand how to identify the main trend. Luckily for you, this guide will show you the best way to do it. Now, in the market, there are things known as peaks and troughs. The peaks are the highest points that you can see the market reaching before turning back. Troughs are the lowest points that the market reaches before going back up. Both of these are minor support and resistance points. If you connect the points using straight lines, you will end up with a zigzag formation. Peaks and troughs Uptrend When the peaks are formed in higher succession, we say the market is in an uptrend. If a new peak is formed higher than the previous one, we call it a higher-high. During an uptrend, the troughs are also formed in higher succession. In short, each new trough is positioned higher than the previous one. When this happens, we say a higher-low has been formed. Collectively, when a market is forming higher Highs and higher Lows concurrently, then an uptrend is formed. During this time, you should only look for buy trades. Downtrend A downtrend happens when the market starts making lower peaks and lower troughs in succession. In short, when a trough is formed lower than the previous one, we have a descending zigzag direction that we call a downtrend. During a downtrend market direction, lower Highs and lower Lows are formed. In a downtrend, you should only be looking for sell trades.

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Albert Einstein said that the single most important question is whether the universe is friendly. I think it is important for everybody to come to a point where they feel inside that the universe is friendly.

Be content with your own life, my friend, and live it well. Let others decide for themselves what path they will follow.” She frowned up at him. “Even when you see, with absolute clarity, that it is wrong for them? That they hurt themselves?” “Perhaps people have a right to their pain,” he hazarded. Reluctantly he added, “Perhaps they even need it.

Trader Joe’s first private label food product was granola. We installed Alta Dena certified raw milk, to the disgruntlement of Southland, and within six months were the largest retailers of Alta Dena milk, both pasteurized and raw, in California. We began price-bombing five-pound cans of honey, and then all the ingredients for baking bread at home. We installed fresh orange juice squeezers in the stores, and sold fresh juice at the lowest price in town. By late in 1971, we were moving into vitamins, encouraged by my very good friend James C. Caillouette, MD. Jim spent a lot of time talking with the faculty at Cal Tech. He was convinced that Linus Pauling was on to something with his research on vitamin C. I set out to break the price on vitamin C. At one point, I think, we were doing 3 percent of sales in vitamin C! Later, Jim forwarded articles from the British medical magazine Lancet, describing how a high fiber diet could avoid colon cancer. But where could we get bran? The only stores that sold it were conventional health food stores, who sold it in bulk, something that I have always been opposed to on the grounds of hygiene. And still am! Leroy found a hippie outfit in Venice—I think it was called Mom’s Trucking—which would package the bran. But bran is a low-value product. They couldn’t afford to deliver it. Since they also packaged nuts and dried fruits, however, we somewhat reluctantly added them to the order. And that’s how Trader Joe’s became the largest retailer of nuts and dried fruits in California! Brilliant foresight! Astute market analysis! By 1989, when I left Trader Joe’s, we regularly took down 5 percent of the entire Californian pistachio crop, and we were the thirteenth largest buyer of almonds in the United States—Hershey was number one.

Block has been writing unofficial Minecraft-inspired fanfiction since 2015 and is the author of over 100 books and collections. His most popular books are the Diary of a Surfer Villager (where Jimmy and his friends go on adventures), the Ballad of Winston the Wandering Trader, and Baby Zeke: Diary of a Chicken Jockey. When he’s not writing books or playing video games, Dr. Block likes to spend his time surfing near his house, gardening in his backyard, and spending time with his wife and two teenage children. Although Dr. Block is not

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