Hello Reader,

I have a clock that says “NOW” on it. That’s all it says.

I don’t spend a lot of time living in the past—can’t change it. I don’t spend a lot of time living in the future, either.

I try to live in the present, while also taking actions Future Me would be happy with.

That doesn’t negate the need for planning. You should always have plans. But you should also be ready to create new plans when things don’t go exactly as you expected.

I guess that’s one of the things I enjoy most about writing The Daily Dirtnap, well, daily, rather than as a weekly or monthly letter.

We get to plan for the future while also being able to change course quickly if it’s required. It’s the best of all worlds.

If you want to join us, you can still do so through the link below. If you’re not sure, maybe a good idea is to ask yourself: “Would Future Me be happy with this decision?”

Join The Daily Dirtnap now

By the way, the subject line of this email is something Matt Ridley said at the SIC last year. In our case—nobody’s in charge of the markets, there is no grand masterplan. Things just emerge.

When you start looking at the markets that way, you’re actually more in charge of your own investing actions.

Jared Dillian

P.S. Final note: Please don’t take this quick “philosophy of life” note as advice that you don’t need an emergency plan. Even if you don’t join The Daily Dirtnap and get my “Break Glass in Case of Emergency” plan, do make one of your own. Future You will thank you for it.