Overdeveloped Amateurs [work]

"It points out real talent and dedication, even if it also highlights inexperience — which is honest and constructive."

For three years, this works. He turns $50k into $5M. He is a genius. He writes a Substack. Then a black swan event hits—a margin call, a liquidity crunch, a regulatory change. Because his skills are overdeveloped in the theory of winning but underdeveloped in the survival of losing, he loses everything in 72 hours. The amateur returns to zero; the professional survives to trade another day. overdeveloped amateurs