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Best way to learn is to visit if you can arrange it. Some of my best ATC experiences have been when plugged in with an ARTCC or a TRACON controller. Chess and rugby. Towers are fun too, but a busy Bravo tower really can't accommodate tourists hanging around.

In that post/65 you said that your posts should be ignored. I agree.

What makes you think that people here have no experience except for being pilots? Maybe that is true in your case but given the cost and demands of flying I'd guess that the majority here have successful careers, including many business owners, that are completely independent of flying. In my...

People, this is the important thing. A career in management has taught me that the easiest way out of a P&L problem is to hypothesize more revenue. Most comments here are focused on this to one degree or another. The problem with hypothesizing more revenue is that, if it happens at all it...

I have a mentoring client whose business is doing the accounting and serving as part-time CFO for restaurants. Her advice to people considering opening a restaurant is: "Don't." That said, the first place she works to make her clients profitable is cutting labor. She delivers charts of...

My point exactly. Yes. The winning strategy. It rubs me the wrong way when the press and the talking heads pontificate on "what investors did today." What real investors do on almost any day is nothing. It is the traders and the computers that make daily market action. Warren Buffet is...

It's amusing to me that at thread about individual stock picking has, after over a hundred posts, evolved into a thread about gambling. The more things change, the more they stay the same I guess.

Yes. I have already mentioned Jason Zweig's "Your Money and Your Brain.' In it he explains the neurochemical and brain activity triggered by gambling are identical to what is triggered by stock speculation. That book is important reading for any investor.

Crypto? I'm out. I've played that kind of speculation game with small dabs of money, kind of like taking $100 to the casino just to have some fun. Got bored with it. I have never bet the farm, however, as our assets are basically for retirement and for our heirs. Investment luminary William...

The nature of the statistical beast doesn't make that mean anything, though. The full history of each of our 40 monkeys would also lead one to conclude that they must be skilled. There's a famous example of a guy named Bill Miller at Legg Mason. Here's the story...

For any scheme, the randomness of the market guarantees that it will work sometimes. With mutual fund stock pickers, about a third beat their benchmarks in any given year. It is only when we look over a number of years that we see we have been "fooled by randomness." Gedanken experiment...

@SoonerAviator, you have what you're asking for -- it's right under your nose. Your own analysis here is your proof that "The Strat" is just one more huckster scheme designed to sell newsletters and investment advice. Actually that's the interesting sorta-paradox about all these pundits...

I'll take the arrow on that one. I misunderstood what we were dealing with. Sorry for any offense, @optionizerSS Well, I would argue that the evidence is hardly anecdotal. It goes back at least a half century. In recent years we have seen about 10,000 mutual funds in the US market; over 50...

@optionizerSS, your last post makes it clearer to me where you are in your investing career. Here are some things you can expect to learn in the future: Trading schemes almost never work. Once in a great while one does, at least a little bit. "Dogs of the Dow" is sometimes cited as an...

Well, if they are 5% larger in diameter than the current tires, "should" becomes "will." If something other than 5%, I'd look for another tire.

And the speedometer will lie to you. You will be going faster than it says you are. Verify the amount with the GS from a GPS. In my experience, new vehicles are routinely delivered with tires too small/consequently speedometers that read too high by a few percent. IMO this is a CYA from the...

ROFL. So with perfect hindsight you can make a lot of money? I already knew that. So you have a profitable trade to crow about? Everybody has profitable trades from time to time. In Jason Zweig's "Your Money and Your Brain" he explains how we get a behavior-reinforcing dopamine hit when we...

I tell my Adult-Ed investing students this: "Investing is boring. If you're not bored, you're not doing it right."

Possibility #3: He is Rob Smith. Your post got me curious so I did a little searching. "Rob Smith" sells a $600 training course. https://www.tradingreviewers.com/strat-trading-course-review/ He sells newsletters. https://www.linkedin.com/in/rob-smith-2884a515/ IOW a typical huckster. The...

Actually I think you raised the possibility of leaving when you were whining about not being appreciated. Re your "success" we have only your boasting. As far as we know, you could be a 22YO barista with a Women's Studies degree, living in her parents' basement and placing $2 bets on...