📅 Day 101 — The Boredom Index (Tennis Edition)

I went to the US Open recently. Full disclosure: I know nothing about tennis. I clap when everyone else claps. I cheer when the ball lands in-bounds (I think). But even in my rookie state, I noticed something curious.

The crowd only erupts at the big moments — the impossible rally, the ace that smokes past the opponent. But most of the match? It’s quiet. Methodical. A slow dance of serves and returns that feel, dare I say, boring.

That’s markets in a nutshell. The highlight reels — meme stock spikes, crypto moonshots — get all the noise. But the wealth is made in the rallies: the slow, disciplined exchanges that lull everyone else to sleep.

If you only chase the aces, you miss the real game. The Boredom Index, if it existed, would measure exactly this: how quiet the crowd is, how little CNBC has to say, how few tweets are screaming “BUY.” That silence is often the sound of opportunity.

The US Open reminded me: even the greatest players build points in the shadows, not the spotlights. Investors should, too.

🎾 Here’s a primer on the US Open’s rhythm — worth skimming if you want to see how patience wins championships.

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