Read_925 - Stone Ridge 2025 Investor Letter

"Today's the day." ~ Mel Fisher Why does a reinsurance company's annual letter get me this fired up? Ross Stevens weaves together treasure hunting, Bayesian statistics, and the raw reality of Bitcoin as a human rights tool - culminating in a voice message from Nobel Prize winner Maria Karina Machado that moved him to tears. In my rant, I unpack why optimism isn't woo-woo, it's basic logic - and why waiting for certainty before believing in your own success is a guaranteed path to failure. Check out the original article: Stone Ridge 2025 Investor Letter (Link: https://www.nydig.com/research/stone-ridge-2025-investor-letter) References from the episode The Adaptability Quotient by Alec Litowitz - The forthcoming field guide for success mentioned in the letter. Wired for Story and Story Genius by Lisa Cron - My favorite books on what storytelling actually is. (Hint: it's not the plot!) (Link: http://wiredforstory.com/books) Fascinate: How to Make your Brand Impossible to Resist by Sally Hogshead - Fantastic on branding and narrative. (Link: https://a.co/d/5H1FJUy) Save the Cat by Blake Snyder - Useful for story pacing, but to be paired with Kill the Dog for balance.(Link: https://a.co/d/a1rp6Lc) Longitude by Dava Sobel (Link: https://en.wikipedia.org/wiki/Longitude_(book)) The Human Rights Foundation (Link: https://hrf.org/) HRF Weekly Financial Freedom Reports (Link: https://hrf.org/newsletters/) Host Links ⁠Guy on Nostr ⁠(Link: http://tinyurl.com/2xc96ney) ⁠Guy on X ⁠(Link: https://twitter.com/theguyswann) Guy on Instagram (Link: https://www.instagram.com/theguyswann) Guy on TikTok (Link: https://www.tiktok.com/@theguyswann) Guy on YouTube (Link: https://www.youtube.com/@theguyswann) ⁠Bitcoin Audible on X⁠ (Link: https://twitter.com/BitcoinAudible) The Guy Swann Network Broadcast Room on Keet (Link: https://tinyurl.com/3na6v839) Check out our awesome sponsors! Ledn: Need fiat but don’t want to sell your Bitcoin? Ledn offers secure, Bitcoin-backed loans with no credit checks, flexible repayment, and fast turnaround—often within 24 hours. With $10B+ in loans across 100+ countries and transparent Proof of Reserves, Ledn is a trusted option for unlocking liquidity without...