You are a free subscriber to Me and the Money Printer. To upgrade to paid and receive the daily Capital Wave Report - which features our Red-Green market signals, subscribe here. Say Thank You To Frank Wycheck... (Bonus Issue)The only reason we're here is because I was irrational... and it worked out...Dear Fellow Traveler: A bonus issue today… because the Buffalo Bills won last night… This morning, my sister sent me a text saying: “I’m sorry your team lost last night…” I replied… “My team didn’t lose. You went to bed early…” She had turned the game off with a few minutes left… I didn’t. Turn on… Mr. Brightside… Which is a reminder… Being a Bills fan is hard. I’ve lost way more than I’ve won… And to remind you… We would not be having this conversation today… if I hadn’t made one of the most irrational decisions in the history of me… A Day in JanuaryI was down to four schools in 2000... Duke (which rejected me), Northwestern (which let me in at the last second), Syracuse (which wouldn’t give me a scholarship but had Newhouse for journalism and would let me walk on for lacrosse), and Georgetown, which had just started to recruit me and was going to follow my first few games of my senior year before deciding… I visited Georgetown in January 2020. I was excited. I could probably have made the lacrosse team… but I was more interested in the pre-law program. I had an incredible visit. I talked to the lacrosse coach. I was really… really into living in D.C. at the time. After the visit, my parents and I were about to head home. But it was a Saturday, and the Buffalo Bills (Baltimore didn’t have a team when I was a kid) were playing the Tennessee Titans in the first round of the playoffs. It had been a while since the team had been in the playoffs… and the Ravens were not playoff caliber until a year later. I do root for the Ravens, but I cannot and will not let my love of the Bills ever go… So, we went to Fado, an Irish bar, in Foggy Bottom to watch the second half of the playoff game. The Bills were up 2 points with seconds to go… And then it happened… The Music City Miracle. Frank Wycheck THREW A FORWARD LATERAL that the refs blew off… and the Bills lost in the final seconds… No way… Decisions…Driving home, I was silent. Bitter. Mad. Questioning the way that people think… It was quiet in the car for a while… then… My father asked, “So, what do you think of Georgetown?” “I’m not going to Georgetown,” I replied. That was that. That was the end of my Jesuit pursuit. All because of a football game… I went to Northwestern instead and met my best friends in the world… I went a different road, met my wife… had my daughter… and started this career. That was the decision… Isn’t life weird? That my graduate work… that my understanding of markets… that the work that I care about is all because…. a STUPID REFEREE DIDN’T UNDERSTAND THE RULES OF FOOTBALL 25 years ago? But I wouldn’t trade the outcome for anything… Stay positive, Garrett About Me and the Money Printer Me and the Money Printer is a daily publication covering the financial markets through three critical equations. We track liquidity (money in the financial system), momentum (where money is moving in the system), and insider buying (where Smart Money at companies is moving their money). Combining these elements with a deep understanding of central banking and how the global system works has allowed us to navigate financial cycles and boost our probability of success as investors and traders. This insight is based on roughly 17 years of intensive academic work at four universities, extensive collaboration with market experts, and the joy of trial and error in research. You can take a free look at our worldview and thesis right here. Disclaimer Nothing in this email should be considered personalized financial advice. While we may answer your general customer questions, we are not licensed under securities laws to guide your investment situation. Do not consider any communication between you and Florida Republic employees as financial advice. The communication in this letter is for information and educational purposes unless otherwise strictly worded as a recommendation. Model portfolios are tracked to showcase a variety of academic, fundamental, and technical tools, and insight is provided to help readers gain knowledge and experience. Readers should not trade if they cannot handle a loss and should not trade more than they can afford to lose. There are large amounts of risk in the equity markets. Consider consulting with a professional before making decisions with your money. |
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