I had a health scare this week.
After a routine blood test, doctors found that my Lipase level was elevated at 200+. This can be signs of pancreatitis which can be quite painful and requires an IV drip and hospitalisation if symptoms crop up later. Naturally, I carried on googling the symptoms and worse scenarios can occur. I will be doing another blood test tomorrow and already have an appointment with a different specialist.
With medical problems, and an attempt to pivot to part-time legal practice, I have little cognitive bandwidth to entertain a margin call if it happens in the market, so when markets dipped by over 1% on Monday, I told the ERM Community that I'll be getting out of all leveraged positions built by my students, and then I ran a webinar last night to justify my decisions and answer questions in my community.
The essence is that it's impossible to fight the Fed.
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