On Devastating Losses and What You Get to Keep - by Dmitry
I used to be reasonably wealthy. However, that wealth was a low-interest-rate phenomenon. I lived out the wisdom “some lessons must be experienced”. It made me recalibrate my identity. I went from thinking I was essentially retired, to a shocking smack in the face of how naive that assumption was. I made most of my money in stocks and some in crypto. I rode the leverage roller coaster up, and back down. Margin is a hell of a drug. Throughout this, I also had my first true encounter with death. I’ve had grandparents and people I know die, but it never broke me or even made me cry. This was the first time I’d faced a genuinely crushing loss that permanently altered my understanding of life. It dramatically changed my empathy towards suffering. Some lessons must be experienced. I also ended a three-year relationship during this time. It was for the best, we weren’t right for each other. I will remember it fondly. All this coalesced to create an indescribably torturous phase of life. Calli
What happens when a portfolio, a relationship, and a loved one…. all die at the same time? I used to be reasonably wealthy. However, that wealth was a low-interest-rate phenomenon. I lived out the wisdom “some lessons must be experienced”. It made me recalibrate my identity. I went from thinking I was essentially retired, to a shocking smack in the face of how naive that assumption was. I made most of my money in stocks and some in crypto. I rode the leverage roller coaster up, and back down. Margin is a hell of a drug. Throughout this, I also had my first true encounter with death. I’ve…
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