> “...nothing more surely attests to the greatness of our origin than those faculties of the soul which are capable of yearning for, conceiving, and enjoying the Infinite, the Immortal, and the Divine” (Meyer) > [Enduring Word](https://enduringword.com/bible-commentary/ecclesiastes-3/) Time is the confounding variable in life and the markets. > _Time is priceless, but it’s Free. You can’t own it, you can use it. You can spend it. But you can’t keep it. Once you’ve lost it you can never get it back._ —Audrey Niffenegger, The Time Traveler’s Wife Time regulates all opportunities in life and the markets. >If we believe that information flow is not static and constant, then sampling data on a constant, fixed interval will mean that during calm markets we might be _over-sampling_ our data and during chaotic markets we might be _under-sampling._ >- Corey Hoffstein, [*Time Dilation*](https://blog.thinknewfound.com/2019/03/time-dilation/) Time keeps us restless. > “The Preacher’s vast researches have found nothing in the finite earthly realm which can satisfy the human heart intellectually or practically… This is the nearest he comes to Augustine’s maxim: **‘You have made us for yourself, and our hearts are restless until they can find peace in you.’**” (Eaton) > [Enduring Word](https://enduringword.com/bible-commentary/ecclesiastes-3/) Time is a constant and if we can align ourselves with time, instead of fighting it, we can harness its power. > Time is the friend of the consistent and the enemy of the inconsistent. > *Shane Parrish* We align ourselves with time by receiving each moment as a gift full of new opportunities instead of desperately grasping it like a scarce resource. We come to see the [[Uncertainty]] that the future holds not as a threat but as an opportunity to learn and grow. We see the unexpected not as disappointment but as a new and exciting revelation. Most importantly we come to see others, especially those most unlike ourselves, as gifts brimming with new potential and excitement to bring to our journey. > Time no longer is a random series of events but a constant opportunity for a change of heart. When time is converted from _chronos_ to _kairos_(and from history to his-story), we can seize the present moment and be at peace. And when people are no longer interesting characters to meet or exploit for our own purpose but persons “sound through” more than they can contain, they can be loved and protected and understood. > [*Henri Nouwen*](https://henrinouwen.org/meditations/seize-the-present-moment/) We become stronger by letting go of our attachments and embracing the chaos of this world. > What we're really talking about is becoming antifragile across multiple dimensions simultaneously. In a world of infinite complexity and radical uncertainty, you become stronger not by avoiding volatility, but by positioning to benefit from it. > > The Romans had slaves whisper "memento mori" to victorious generals. Remember you will die. The modern version: Remember your models will break, your ventures will fail, and entropy always wins. > > Now go build something anyway. Go make something. But build it as part of a portfolio that benefits whether you're right or wrong. > [*Alexander Campbell*](https://open.substack.com/pub/campbellramble/p/stoic-macro-portfolio-consciousness?r=1qscct&utm_medium=ios) **Case Studies:** - [CHG Issue #142: What's the Frequency, Kenneth?](https://cedarshillgroup.substack.com/p/chg-issue-142-whats-the-frequency) - [CHG Issue #141: Reframing Markets](https://cedarshillgroup.substack.com/p/chg-issue-141-reframing-markets) Explore Further: [[Time Value of Money]] | [[Entropy]] | [[Financial Markets History]] | [[Uncertainty]] Tags: #buddings Your support for Cedars Hill Group is greatly appreciated <form action="https://www.paypal.com/donate" method="post" target="_top"> <input type="hidden" name="hosted_button_id" value="74PGN8ZXHQVHS" /> <input type="image" src="https://www.paypalobjects.com/en_US/i/btn/btn_donate_LG.gif" border="0" name="submit" title="PayPal - The safer, easier way to pay online!" alt="Donate with PayPal button" /> <img alt="" border="0" src="https://www.paypal.com/en_US/i/scr/pixel.gif" width="1" height="1" /> </form>