Macro Rotation Outlook
As I continue making my rounds, calling each and every one of you, I recently had a great conversation with our member Faiz. He asked me, "Why do you run this business? You’ve got the car and the house, but what else drives you?"
Was it something extrinsic (like an Aston Martin DBS) or something intrinsic (like enjoyment)? For me, it’s always been about owning my day. No one tells me where I need to be, what I have to do, or when it needs to be done. I wake up when I choose, work when I want, and live life on my own terms.
That doesn’t mean I sit back. I still spend weekends writing this newsletter, mornings researching the market, evenings reading, and hours on the phone with you smart traders. But here’s the difference, it’s my choice.
That freedom is why I run this business. Just last week, I spent three days at the race track. Each hour had a 20-minute session where I pushed to beat my 1:40 lap time, knee down on the pavement. Then I’d hop off the track and jump back on the phone with Faiz or whoever was next on my list.
By the third day, as the sun set, most racers were rushing to pack up for work the next morning. But for the final session, it was just me and one other rider, battling lap after lap. I ended up winning (not to brag) and when we got off, he came over grinning saying I was "loco", talking about how much fun it was. That’s when it hit me: it was 5 p.m. on a Thursday. For everyone else, the day was ending. For me, it felt like a Saturday I owned. I raced, helped tax clients on extension, watched WMT climb, and shared trade ideas with the group, all in one day.
At the heart of it, that’s what investing is about: owning your day. Not the next car, the next vacation, or the next shiny goal. If you think about it long enough, the answer always comes back to freedom. And if you don’t own your day just yet, I truly hope you will soon.
