@adamtaggart.bsky.social
Founder & host at Thoughtful Money
One of today’s events is Oakie Horseshoes
Half the guys here grew up playing it. It’s impossible for the rest of us.
You have to drop metal washers into 2 small holes in a wooden box 10 feet away.
Suffice it to say: I lost in the 1st round 😡
The funnest day of the year is here again: The Gentlemen’s Olympics
25 of us are competing across highbrow events like axe throwing, billiards, foosball, bocce, darts & more
Here’s event host Rod & me at the start of the day
Wish me good fortune!
Sign of a red-hot market
I bought $3,500 worth of $OKLO around 9 months ago
It's up over 500% since then
Today alone, my position gained $5,000. Way more than my entire buy-in.
Sure it feels great. And I wish I'd bought a ton more.
But times this good don't last forever. Am I going to rebalance
Your WTF chart of the day
Yes, valuations are a poor timing metric
But they give you a reading of the amount of risk built up in the current system
Which, according to this chart, is best measured in "crap-tons"
#ADAMTAGGARTMONEY
Markets have rocketed since their April lows & investors are "pretty drunk right now" on gains
That's in spite of record-high valuations & plenty of signs the economy is slowing
But as Ted Oakley of @oxbow_advisor says: the party always ends
WATCH: youtu.be/QyfUWj0pqaQ
