A really random thing my dad taught me since I was a little kid like 5 years old was to never short in an irrational market and it's such great advice but looking back it's funny he was teaching a little kid that

I messaged my dad how much I appreciated him teaching me this early on and this was his response. He's a great dad 🥰

Co-founder @bountycaster (bountycaster.xyz). Co-producer @ethereumfilm. Previously co-founder of Scalar Capital and product at Coinbase

He actually didn't! He optimizes for capping downside risk and that is the most unimaginable risk for him

farcaster engineering liquidity • prev manifold.xyz, twilio.com

There's not actually a story!

https://warpcast.com/linda/0x46f01555

did you ever ask him the story behind that?

Artist - Father - /anemale
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he probably worked in the financial sector to have given you this advice

He has been burned in the past from trading but not from shorting

He has been burned in the past from trading but not from shorting https://warpcast.com/linda/0x46f01555

Define short in this context, please? Invest short term or open a short position, where you're betting on something going down, or something else?

Nice alpha from your dad. dropping alpha before you even knew what markets were.

dad teaching finance envy

my dad literally still doesnt have a bank account and operates fully in cash

That is actually really cool that he was teaching you about finance & trading!

lol learned this one the hard way myself. a few times :/