Syz the moment

Kazuo Inamori, CEO and founder of Kyocera, developed an equation to reflect on how he achieved extraordinary results despite considering himself to have only mediocre talents. Inamori's "human equation" is simple yet profound: Success in Work and Life = Attitude x Effort x Ability This equation multiplies three qualities: ability, effort (enthusiasm), and attitude (way of thinking). Ability and Effort: Rated on a scale from 0 to 100. Attitude: Rated on a scale from -100 to 100. Inamori argues that by assessing individuals based on these three factors, you can predict their overall success in life and work. In his classic book 'A Compass to Fulfilment', Inamori emphasizes that success is the product of these three factors multiplied together. But the most critical component of Inamori’s equation is ATTITUDE. It’s the factor that can make or break your success because it determines the direction of your efforts and abilities. Inamori explains that people can focus their efforts and abilities positively or negatively. Therefore, attitude is unique because it can have both positive and negative values. A negative attitude, no matter how high the effort and ability scores, results in negative outcomes. For example, a talented person who uses their skills for fraud or theft will ultimately fail because their negative attitude undermines their efforts. That's why Inamori urges us to cultivate a positive attitude, as it ensures that our abilities and efforts lead to beneficial results for both ourselves and society. Here's an extract of his book: "When we are young, we often conclude that natural ability is the most important factor for success. Over the long term, however, we learn that we can supplement our natural ability with hard work and sheer will to achieve better results. Effort, we realize, may influence our success even more than our natural ability - and our effort is something we control. But the real difference-maker is attitude; among the three factors, it is the most powerful. Acting on a negative attitude, even momentarily, can bring disastrous outcomes. Fortunately, positive attitudes - such as being cooperative, humble, hardworking, and optimistic, to name a few - can be practiced daily. Positive attitudes undoubtedly lead to the most positive results, in our own lives and for humanity as a whole". Source: Corporate Rebels

Visualizing the insane retail vs. resale price contrast of Patek Philippe's limited Tiffany (a part of LVMH) blue-colored timepiece. "You never actually own a Patek Philippe. You merely look after it for the next generation."

That’s 1/21 of total supply that will ever exist! Source: Carl MENGER on X

A national survey released yesterday (22/7) by HarrisX and Forbes Breaking News shows former President Donald J. Trump more than doubling his lead over both President Joe Biden and Vice President Kamala Harris in the aftermath of the Republican National Convention (RNC). The poll, taken before Biden officially dropped out of the race, indicates Trump leading Biden among registered voters 48%-40%, up from 45%-42% prior to RNC, and leading Harris 50% to 41%. Among likely November voters, Trump’s lead increases to double digits: 49%-39% against Biden, with 12% undecided and 51%-40% against Harris, with 9% as undecided voters. The poll, which was conducted July 19-21, 2024 with 2,753 registered voters, also shows that voters expect Trump to win in November. Nearly two in three (65%) expected him to win against Biden and nearly as many (63%) say he would win against Harris. “Kamala Harris starts her 2024 battle behind Trump, who is enjoying a strong post-convention bump and leads her by almost digits in our polling,” commented Dritan Nesho, CEO and chief pollster at HarrisX, on the findings. “If the polls don’t start to close and show better traction for her, Biden’s decision to step aside for Harris may be a case of ‘too similar, too late.’ That said, Vice President Harris alleviates concerns among the democratic base and is better able to sway undecided independents and suburban women, showing some promise.” Source: HarrisX/Forbes

Walt Disney (DIS US) has consolidated 61% since March 2021 and recently confirmed a change in the bearish trend! The stock is back at very important levels. The 1st support zone at 88-91 is critical to watch, and if it breaks, the next level to keep an eye on is between 78.73 and 84. Source: Bloomberg

LVMH (MC FP) hasn't moved much on earnings today. The stock is still within the support zone of 647-695. This isn't a major swing support, so be careful. A rebound can happen, but the market may still test the last major swing support between 535-573. Source : Bloomberg

Source: Trend Spider

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