Sep

13

Another ATH; advice to a young son

September 13, 2025 |

yet another all-time hi in s&p. since 2011 there have been 857 20-day highs and 2925 not highs. this one preceded as is typical by a big move up in fixed income prices — Dimson and Lorie remain supreme.

advice to a young son from an 80+ old father who have been thru Heaven and Hades.

1. be humble.
2. follow drift upward in stocks.
3. learn and practice 5 martial arts.
4. Keep moving, e.g., running.
5. Marry a girl who you are harmonious with.
6. don't get in over your head.
7. your family is your major and perhaps only loyal support you can count on.
8. wear a hat.
9. always be learning. listen and learn.
10. stay away from hoodoos.
11. eat fish in high proportion to meat.
12. get a CEA test before colonoscopy.
13. read good books often. my faves are: Don Quixote, The Time It Never Rained, nature books from Bernd Heinrich, like Why We Run.
14. count whenever you can. read the autobio of Francis Galton or Pearson's bio of him.
15. Be courageous.
16. Find a good mentor. Ming is a good one.

9a: follow the head in your brain not the one in your balls.
9b: always learn.
9b: stay away from hoodoos: try to inculcate friends and mentors who are productive and positive.
9c: eat a higher proportion of fish to meat: Ming and your mothers are good mentors.

17. Try not to initiate or be sued. Lawyers the most untrustworthy professional. accountants are most trustworthy. Thus one of your mentors should be an accountant.
18. Spend as much time loving and building a young one up (say under 6).
19. Be receptive to and build life-time relations with an Asian Girl.

20. listen to and try to play great music.
21. enjoy and seek out great art. my favs and Hudson River art and N.C Wyeth.

17c: find a good doctor and accountant.
17d: try to settle all your disputes: lawyers and courts are too expansive and uncertain.
17e: keep moving especially running.

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