The Two Types of Saving Money: Frugality vs. Necessity
There are two kinds of money-saving. One is proactive, driven by the virtuous habit of thriftiness. The other is reactive, motivated solely by an empty wallet—save or go hungry.
The Price You Sell At Shows You Care About Profit Loss; The Time You Sell At Shows You Recognize Risk Reward Ratio
What price you sell at indicates your concern is about profit and loss, while when you sell shows you've started to recognize the risk-reward ratio.
No matter the track or barriers, success ultimately requires market recognition.
Never getting into a good university — or even a high school — is never the end of the game. It's just the beginning. It's the start of you entering the game of the market, arriving at the real world earlier than those heading to ivory towers.
The real game is to quickly build cases that outperform the market.
Each generation starts close together in youth, but over time, the gap widens.
Every generation faces opportunities to change the course of their lives, all wrapped within broader trends and under o…
What Does Having Free Time Mean?
Either people have already made enough money, or it’s a sign the economy is bad—meaning many folks can’t find legitimate ways to make a living.
Marriage as a Social Mobility Strategy
What is the fundamental thinking behind marriage as a means of changing social class? The core reason is that people at…
The security of assets depends on liquidity
It all comes down to how easy it is to monetize. The easier it is to monetize, the safer it is.
Understanding the Bag Holder
People are the essence of life, so as the birth rate declines, the number of newborns will only continue to shrink, the pool of takers will dwindle, population will regress, and the wave of business closures will increasingly loom.