Operation Saylor - Episode 30/120

Hi again and welcome to another episode of the Operation Saylor. This is update number 30, corresponding to December 2024.

If you are reading this for first time, you might want to check Episode 1, where my plan and details are explained. That will get you in context.

Hello again and welcome to another episode of the series. This episode comes after an unplanned break of a couple of months. All is well, life simply kept getting in the way. Apologies for that.

With the extra time between episodes, our little Operation has had time to see its figures change quite a bit recently. You can check the details above, but clearly the simplest visual cue is the blue line in the stack vs debt chart. With the strong price hikes of november and finally breaking through 100K, the value of the Operation's war chest has gone parabollic and keeps leaving the debt behind.

I think it's easy to look at these figures and charts right now and think: "fucking hell, this is clearly a massive win". I personally think it is. By now, I'm assuming I'm not going to see the blue line go below the orange one again at all. But, for new readers or veteran-yet-forgetful ones, this scent of victory wasn't always around. You can simply travel back to earlier episodes (you have a list of links at the bottom of this post) and replay history. You can go read, month by month, how figures were looking like, where my thoughts where and what people discussed during those times. The vibes were clearly not the same as today, and success was anything but granted (or at least that was the mood).

It's funny. Most people will agree that the Speculative Attack makes sense on paper. But then we have this very emotional reactions which go opposite to that rational bit. When the gamble starts, we suddenly feel uncertain about it. When it has clearly worked (as planned), we are surprised and excited about, as if we didn't believe at the start that it would. I include myself in this behaviour. I wonder why we behave this way.

With a strong evidence like this very specific Operation that this works, some readers might be wondering... should I go and do it? And... should I go and do it now?

I'll jump into those questions in the next episode. In the meanwhile, I wish you a good time with your families and great start for 2025. As always, thanks for reading and I'll see you next month.