Don't Believe Anything As Gospel

Don’t believe anything as gospel:

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Don’t believe anything as gospel.

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Don’t blindly believe anything you hear, no matter who it comes from.

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Question everything, including from me.

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Think for yourself.

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Use critical thinking skills to assess everything you hear, whether you agree with it or not.

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Too many people these days blindly believe what their parents, friends, the media or their favourite social influencer are telling them.

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All of them are bullshitting you, including me.

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They’re all lying to you in some way.

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They’re never telling you the full story.

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They’re trying to push their own agenda.

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It’s up to you to critically evaluate what they’re saying and decide if it makes sense or not.

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Investigate the outcomes for yourself but even when you investigate them, understand your sources.

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Understand where you’re getting your information from.

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Obviously, a priest is going to tell you god is real, he’s incentivized to do so.

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Obviously, Biden is going to tell you the economy is doing great, he’s incentivized to do so.

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Obviously, your leaders are going to tell you everything is going great, they’re incentivized to do so.

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Incentives dictate everything.

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Understand the incentives and understand the message.

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It’s up to you to decide if it makes sense or not.

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Use the tools available to you.

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Get out of the groupthink bubble you’re in and consider the other side of the argument.

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To understand an argument, you should argue the opposite side of what you believe in.

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If you can’t, you don’t understand the argument.

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That’s ok. It’s your job to find out.

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For the last few years, I’ve constantly gone between Gamestop will blow up while the market crashes and yet many times I’ve questioned everything.

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What if I’m wrong?

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What would it take for me to be wrong?

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Hedge funds have got out of their short position.

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But how could they without increasing the price? 

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How could the price stay the same when millions of people over the last year have bought the stock, registered their shares, the company has gotten significantly better having announced partnerships with multiple groups, hiring many strong people, loading up on cash and getting out of debt?

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Please explain to me hedge funds, I don’t understand.

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They’ll reference the price, they’ll reference the options chain, the short interest and all the noise from the media.

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Yet what if all of those sources are wrong?

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Is that possible?

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Yes.

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Of course it is.

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But so many people won’t consider the other side of the argument.

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So many people are trying to convince you Gamestop is not a real story.

It’s a nothing burger.

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But it’s not.

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It’s a revolutionary company.

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Like Amazon in the 2000s.

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What if I’m wrong about that?

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Cool.

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It means my thinking was wrong in the last few years.

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It means all the millions of shares I’ve seen directly registered in the names of retail investors don’t mean anything. 

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This outcome is still possible so that’s why I want to point it out to you.

Don’t blindly believe what I or anyone else tells you.

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Do your own homework.

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Come to your own conclusion.

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Think for yourself.

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Don’t believe anything as gospel.

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