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The War Against Poaching

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Written by Timothy Sykes
Updated 1/12/2023 13 min read

Here’s a video that my team and I have been working on for 8 months that is step #1 in taking the battle to poachers:

While I think pretty much everyone knows there are endangered animals on the verge of extinction down in Africa, far too few people know that a.) 40% of terrorism is funded by illegal animal poaching b.) the endangered species aren’t some little-known animal, but instead two of the most popular animals, rhinos and elephants, each of which have only 5-10 years left in existence at their current rates of being poached c.) the problem is great, but we can actually fight back through education and various strategies like those outlined in the video above and d.) a little known charity called https://vetpaw.org has the experience and know how in beating poachers and saving the animals from harm, they just need our help in terms of exposure and funding.

All of this is why I’m SO proud to have donated $200,000 so far to https://vetpaw.org but I am also surprising them with another $50,000 gift later this week from my new social media-based charity community called https://karmagawa.com which is formally launching this week too!

You see this is the beauty of this battle, while it is tragic, it’s not lost yet and we are at a unique time in history where we can actually do something about it and fight back like at no other time in the past…it’s not just about who can donate big amounts like I’m doing (although it is good to prove that I’m serious by putting some serious money behind all my efforts), EVERY SINGLE PERSON WHO WATCHES THE ABOVE VIDEO CAN ALSO HELP JOIN THE FIGHT!

You might be like some people who message me and basically say: Tim, c’mon, I like your work and I appreciate it, but I’m based in xxxx so there’s no way I can I can actually be of much help, I don’t have any money nor can I go down to Africa and volunteer”…to which I always reply, you must understand that social media is changing the world and by sharing this video with your friends, family, on social media, it gets more and more views so it can reach people who will learn about the issue and how urgent it is and they will be a.) in Africa so they can volunteer b.) have money so they can donate c.) know someone with money who can donate d.) share it with their friends, family and social media following thus helping everyone get educated sooner rather than later!

So please join the https://karmagawa.com community and share this video https://youtu.be/YucNRt9eLBs on Twitter, Facebook, Youtube, Instagram, Snapchat, Pinterest, Twitch or any other platform of your choosing so that more people can see how urgent this is as if we do nothing we will lose 2 of our most beloved species within this decade, but with your help, and the help of other compassionate people, we will turn the tide on these poachers, fight terrorism, save these animals and along with it the economic future of Africa which needs these animals to survive and thrive too for their important tourism industry which I haven’t even gotten into.
Yes, I normally just teach about stocks and finance, but this is one lesson we cannot afford to ignore, please watch and share this video ASAP https://youtu.be/YucNRt9eLBs

I get thousands of messages every week from people who are confused about what to do with their lives and I always tell them to focus on mastering finance and the stock market like my top students and I have done to become financially free and then they’ll have the time and opportunity to try out a million different things in life and see what fulfills them the most!

It’s good advice and it works as my top students and I can personally attest, but even once you find what makes you happiest, which is for me teaching others and being the mentor to them that I never had, you’re still surprised when something new hit you to the core and redefines your life goals.

And that happened to me yesterday. Yesterday was a day I know that I will remember forever, as something inside of me changed in a big way.

It started out like any other day — I’m staying by the beach, hanging out with friends, exploring a new country, working out and answering DMs and emails from upcoming students, but by day’s end I was very far from the happy-to-be-living-my-dream-life kind of guy that I usually am…

The change started after I posted my daily Instagram photo to honor #worldelephantday and to support my favorite charity involved with protecting endangered animals https://vetpaw.org/

Today is #worldelephantday as we MUST do a better job protecting these majestic creatures or else they’ll be extinct in the next few decades and it all starts with #education and supporting great charities like @vetpaw that keep so many #endangeredspecies safe in #southafrica and soon other countries too! It was such a treat to see these elephants in their #naturalhabitat but also #penguins and #cheetahs too so I’m proud to have donated $200,000 to @vetpaw so far, and as @karmagawa grows my goals are to donate seven-figures as ALL of these animals need all the help they can get to protect them from illegal poachers! So please check out @vetpaw and either donate or share their mission with your followers as EVERY SINGLE PERSON reading this can directly help protect these animals before it’s too late! #elephantlove #sobeautiful #helpthem #vetpaw #capetown #karmagawa #animallovers #jewfriends

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But as I did more and more research, reading heart-breaking articles like “$60K a pound: Illegal rhino horn now declared more valuable than gold, diamonds and cocaine” and the even more haunting article entitled “The tragic price of ivory” something inside me just absolutely snapped and I cracked.

Animal activists have long since known and tried warning us about humanity’s cruelty to these beautiful creatures, and I’ve met more than a few dedicated souls, and I’ve always felt for them, but pretty much looked the other way by reasoning that while it sucked there isn’t much I could do…but then I read those articles combined with seeing what Vetpaw posted here:

…and…well…like I said…something inside me just snapped and I can’t go back, hence why I’ve been writing this blog post ever since, no matter that I have a million other things I have to do right now.

When this all happened, my friends and I were sitting down to eat some sushi, my absolute favorite food (I even had my “Got Sushi” T-shirt on to celebrate), but as I thought about this truly horrific situation, a wave of emotion came crashing over me so much so that I lost my appetite and I stormed away from the table to go collect my thoughts on the beach…where I proceeded to ball my eyes out for the next few minutes…in a fit of rage mixed with sadness mixed with confusion and helplessness…

I kept telling myself, the world can be cruel, there’s nothing you can do about it…remember?

Some things you just can’t change…remember?

Shit happens…remember?

Well, I’m tired of just letting this go on and not doing anything about it as it’s fucken time to take a stand for once!

What was most surprising to me about all of this was that I couldn’t explain why now I was losing my shit as I’ve known about the illegal animal poaching for a long time; hell I spent nearly 2 weeks with Vetpaw a few months ago, I was around these beautiful creatures and learned everything about that charity’s mission inside and out, and I became so passionate about it that I donated another $100,000 at the conclusion of the trip (wait for the upcoming video of that trip, it’ll be intense!), but until yesterday, aside from feeling bad about the issue and donating some money to help the cause, I never really thought I could personally do much about it…at least not in any significant way.

Sure, sure, I have my charity foundation, recently renamed to Karmagawa, check out the website at https://karmagawa.com and stay tuned as we have a LOT more coming soon, but actually turning the tide in a centuries-long war, not to mention one that seems unwinnable given the economics of the conflict — i.e. a lot of these poachers probably don’t want to kill anything, but they’re forced into lives of crime due to their extreme poverty and riches that await them when they do kill an elephant or rhino and sell the valuable tusks or rhino horns. — well, it just seems far fetched and rather narcissistic to think that I could help in any meaningful way, let alone try to actually solve this worldwide tragedy.

But as I balled my eyes out alone on the beach, something else came over me…a realization that with my skillset, network and work ethic like no other, I actually DO have the power to do something meaningful about this problem, and on a grand scale…and I remembered the article I wrote called “ Be The Change You Want To See” and while this grand plan might take 10, 15 or even 20 years to play out, I thought to myself, “…screw it, I’ve already accomplished nearly all of my goals, why not aim even bigger?!?”

Now this isn’t some little task like teaching the world penny stock trading, which I’ve done well the past 10 years as turning the tide on a massive war like illegal animal poaching will certainly be a Herculean effort, but the cool thing is that even though I cried alone on the beach last night, I know I’m not alone in this fight (as my friends later reminded me)…and with your help I do believe we can win this war in time.

I wiped the tears off my face and got back to the sushi restaurant to find my friends all staring at me and asking if I was okay…I told them yes, but was given away by my terrible poker face that the answer was most definitely no as I had already began mentally preparing and mapping out this multi-decade battle…

I lost my appetite and barely picked at a few pieces of the sushi before me, which is a tragedy in itself, but when a potentially-world-changing vision hits you, you must do EVERYTHING you can to make it a reality.

I teach my students to dream big and oh boy is this is a big dream or what?

One of the main reasons I changed the name of my charity from The Timothy Sykes Foundation to Karmagawa is that it is a community of good-hearted people looking to make the world a better place as we focus on SO many causes and it’s not just me, it’s a team effort.

(We’ve been in Guatemala for the past week visiting several of the newest schools that haven opened and we also broke ground on my 41st school which was an amazing experience too!)

And it’s going to take a team to tackle this illegal animal poaching problem as no matter how much exposure or money we raise for https://vetpaw.org/ it’s still going to just be a drop in the bucket so it’s important to think bigger.

I’ll let you know more about my big plans shortly, definitely go follow Karmagawa here https://www.instagram.com/karmagawa/ for a start, but I’m still an emotional mess right now, so it’s all jumbled in my head.

But I know what I have to do and I’m not thinking small anymore and I KNOW I can help this situation in a meaningful way over time…for now I just wanted to write this post to just get my feelings out there while they’re still fresh in my mind as moments like this can act as great catalysts if you pay attention and utilize them correctly like I intend to do.


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Timothy Sykes

Tim Sykes is a penny stock trader and teacher who became a self-made millionaire by the age of 22 by trading $12,415 of bar mitzvah money. After becoming disenchanted with the hedge fund world, he established the Tim Sykes Trading Challenge to teach aspiring traders how to follow his trading strategies. He’s been featured in a variety of media outlets including CNN, Larry King, Steve Harvey, Forbes, Men’s Journal, and more. He’s also an active philanthropist and environmental activist, a co-founder of Karmagawa, and has donated millions of dollars to charity. Read More

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The available research on day trading suggests that most active traders lose money. Fees and overtrading are major contributors to these losses.

A 2000 study called “Trading is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors” evaluated 66,465 U.S. households that held stocks from 1991 to 1996. The households that traded most averaged an 11.4% annual return during a period where the overall market gained 17.9%. These lower returns were attributed to overconfidence.

A 2014 paper (revised 2019) titled “Learning Fast or Slow?” analyzed the complete transaction history of the Taiwan Stock Exchange between 1992 and 2006. It looked at the ongoing performance of day traders in this sample, and found that 97% of day traders can expect to lose money from trading, and more than 90% of all day trading volume can be traced to investors who predictably lose money. Additionally, it tied the behavior of gamblers and drivers who get more speeding tickets to overtrading, and cited studies showing that legalized gambling has an inverse effect on trading volume.

A 2019 research study (revised 2020) called “Day Trading for a Living?” observed 19,646 Brazilian futures contract traders who started day trading from 2013 to 2015, and recorded two years of their trading activity. The study authors found that 97% of traders with more than 300 days actively trading lost money, and only 1.1% earned more than the Brazilian minimum wage ($16 USD per day). They hypothesized that the greater returns shown in previous studies did not differentiate between frequent day traders and those who traded rarely, and that more frequent trading activity decreases the chance of profitability.

These studies show the wide variance of the available data on day trading profitability. One thing that seems clear from the research is that most day traders lose money .

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Citations for Disclaimer

Barber, Brad M. and Odean, Terrance, Trading is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors. Available at SSRN: “Day Trading for a Living?”

Barber, Brad M. and Lee, Yi-Tsung and Liu, Yu-Jane and Odean, Terrance and Zhang, Ke, Learning Fast or Slow? (May 28, 2019). Forthcoming: Review of Asset Pricing Studies, Available at SSRN: “https://ssrn.com/abstract=2535636”

Chague, Fernando and De-Losso, Rodrigo and Giovannetti, Bruno, Day Trading for a Living? (June 11, 2020). Available at SSRN: “https://ssrn.com/abstract=3423101”