Tackle Today: Immortality
October 2, 2019
« We don’t say goodbye. »
Together, Hydrogen and Helium make up 99.99% of known matter in the Universe. The very basic chemical components of everything we know and don’t know yet.
How is it possible that elementary components like H and He combine themselves into us humans, for example? Iron, Carbon, Oxygen, the formation of complex life.
By death. Death of the stars to be more precise. It is inside the furnace of a dying star that those two combine themselves into complex structures under unimaginable temperature and pressure levels. The star collapses unto itself. The components are released into the ether. They are free to form complex life.
Death is a necessary process.
But humans don’t like it. Personal beliefs, egoism or convenience, whatever the case is, we avoid death. That is why people like Ray Kurzweil discuss reaching human immortality by 2050 on YouTube.
Did it ever cross our minds WHY Mother Nature never granted us the gift of immortality?
Because death is a necessary process not only for the propagation of energy and chemicals but also because resources are scarce. Real economists know it by heart. How to deal with it?
Central bank geniuses are always one step ahead. Negative interest rates and abundant liquidity in oppose to a scarce one. Problem solved. Or, perhaps, unknown problems created.
Are we making humans, governments, and corporations too big to fail?
We survived as species due to the death of individuals. Are we paving our way to a massive collective failure due to the immortality of a few?
We will never know. The future will always be opaque however immortal we might become.
“Immortality
I make my journey through eternity
I keep the memory of you and me
Inside”
Chart of the Day
The three types of large corporations
According to Nassim Taleb, there are three types of large corporations:
- Those about to go bankrupt.
- Those that are bankrupt and hide it.
- Those that are bankrupt and don’t know it.
Immortality seems to come in many flavours, I suppose.
Video of the day
Ray Kurzweil: Immortality by 2045
In this 2013 video, Ray Kurzweil discusses his predictions about radical life extension, singularity, life expansion and the imminence of physical immortality.
Today’s line up
Tales of a Technician
A Savings Account Killer?
I’m an interest rate nerd, obsessed with maximizing each idle dollar. Every Jackson, Grant, and Benjamin deserve to live to their full potential. There’s nothing more tragic than the thumb-twiddling buck.
Traders Lounge 11 PM EST
Join the coaches in this live lounge, ask questions, discuss ideas or just sit back and listen to veteran traders discuss market conditions.
The Coaches Show 8:30 PM EST
If you missed last night’s episode where Coaches Gino Poore and Tyler Craig talked about the Long Straddle from the new Tackle Trading Playbook or would like to watch it again, check it out here.
Tackle 25 MasterMind Group 8:30 PM EST
Join and learn how to better use the Covered Call System with the Tackle 25 with Coach Noah Davidson.
Halftime Report 12:30 PM EST
The Halftime Report starts at 12:30 EST and covers what news is driving the market, chart analysis from the movers and shakers of the day and fun in a way that only Matt and Tim can deliver.
Trading Justice Episode 341: The Poor Man’s Covered Call
In this episode of the Trading Justice Podcast, we teach the Poor Man’s Covered Call. This is a good strategy to use when you want to build cash flow by selling call options, and you like the idea of trading a covered call, but you don’t have the necessary capital to buy 100 shares on a stock. Listen to the episode on the player below.
Financial freedom is a journey
The Tackle Today series is brought to you by Tackle Trading.
Sign up now and gain unfettered access to all of the quality content and powerful Scouting Reports that our Pro Members enjoy for 15-days absolutely free with no strings attached and let us show you what your trading has been missing.
# Sign up now for a 15-DAY FREE TRIAL #
Legal Disclaimer
Tackle Trading LLC (“Tackle Trading”) is providing this website and any related materials, including newsletters, blog posts, videos, social media postings and any other communications (collectively, the “Materials”) on an “as-is” basis. This means that although Tackle Trading strives to make the information accurate, thorough and current, neither Tackle Trading nor the author(s) of the Materials or the moderators guarantee or warrant the Materials or accept liability for any damage, loss or expense arising from the use of the Materials, whether based in tort, contract, or otherwise. Tackle Trading is providing the Materials for educational purposes only. We are not providing legal, accounting, or financial advisory services, and this is not a solicitation or recommendation to buy or sell any stocks, options, or other financial instruments or investments. Examples that address specific assets, stocks, options or other financial instrument transactions are for illustrative purposes only and are not intended to represent specific trades or transactions that we have conducted. In fact, for the purpose of illustration, we may use examples that are different from or contrary to transactions we have conducted or positions we hold. Furthermore, this website and any information or training herein are not intended as a solicitation for any future relationship, business or otherwise, between the users and the moderators. No express or implied warranties are being made with respect to these services and products. By using the Materials, each user agrees to indemnify and hold Tackle Trading harmless from all losses, expenses and costs, including reasonable attorneys’ fees, arising out of or resulting from user’s use of the Materials. In no event shall Tackle Trading or the author(s) or moderators be liable for any direct, special, consequential or incidental damages arising out of or related to the Materials. If this limitation on damages is not enforceable in some states, the total amount of Tackle Trading’s liability to the user or others shall not exceed the amount paid by the user for such Materials.
All investing and trading in the securities market involves a high degree of risk. Any decisions to place trades in the financial markets, including trading in stocks, options or other financial instruments, is a personal decision that should only be made after conducting thorough independent research, including a personal risk and financial assessment, and prior consultation with the user’s investment, legal, tax and accounting advisers, to determine whether such trading or investment is appropriate for that user.
