Volatility is All You Need - Jordan’s Writings

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“The world is changed. I feel it in the water. I feel it in the earth. I smell it in the air. Much that once was is lost, for none now live who remember it.” Lord of the Rings, The Fellowship of the Ring, 2001 The great fortunes have all been made in chaos. Rockefeller, Carnegie, Vanderbilt - the railroad-scale production of the robber barons made them money hand over fist, boot over neck, anything to capitalise the regime shift. The Medici financed emerging powers; the Welsers bet on conquistadors; Trump rode the wild rise of New York real estate, and Slim and Dangote feudalised their emerging markets. Most of the Forbes 500 didn’t squirrel their way to wealth over the course of a prudent and stuffy lifetime. Having done so is one of the things that makes Buffet so rare. There’s a punchy take that the Musks of the world are created not by - as say, your run-of-the-mill Ivy League parents, are - a compounding of good decisions, but rather by a series of going all in on black, every tim

“The world is changed. I feel it in the water. I feel it in the earth. I smell it in the air. Much that once was is lost, for none now live who remember it.” Lord of the Rings, The Fellowship of the Ring, 2001 J.M.W. Turner’s “Snow Storm: Steam-Boat off a Harbour’s Mouth” (1842) The great fortunes have all been made in chaos. Rockefeller, Carnegie, Vanderbilt - the railroad-scale production of the robber barons made them money hand over fist, boot over neck, anything to capitalise the regime shift. The Medici financed emerging powers; the Welsers bet on conquistadors; Trump rode the wild…

Volatility is All You Need - Jordan’s Writings

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