Dajia Picks

I'm just buying things with scarcity — the kind of assets you can take to the bank and immediately mortgage for over 90% of their market value.
Or, alternatively, investing in a cash cow.
I don't care about long-term returns, I don't care whether I'll change the world in the future, and I don't want to suffocate — I just want to know what the current cash flow return is.

As for how much money was lost and how many partners were dragged down in the process, none of that really matters.
Yes, but this has nothing to do with being skilled and everything to do with whose money you're playing with.
When you're playing with other people's money, there's no need to consider risk at all. Just remember: the bigger the storm, the more expensive the fish. Only by making waves big enough can you justify commanding an equally high salary.

When you hire a tutor for your kid at $400 an hour, what are they really teaching?
Not fairness—no, they’re teaching you how to create an unfair advantage over kids who didn’t hire tutors.

This is true in every field: you spend money to buy unfairness.

Every formulation beyond the grift—every piece of real knowledge—is fundamentally at the service of wealthy people, the group that can afford to bid.
He who pays gets handed the knowledge.

By "fair," it simply means your dad can't take the exam for you—not that he can't help you slay fierce tigers, subdue dragons, build irrigation canals, relocate tombs, publish papers, or achieve results.

None of those latter things should be forbidden; comprehensive ability is the full picture of a person's capabilities. Comprehensive ability encompasses your family background, your heritage, your parents, and even your grandparents in every aspect.

Don't talk about going to a poor area and working anonymously for a lifetime. He wouldn't even agree to settle down and do just one thing his entire life. And even if you asked him to moderate his desires a little, he wouldn't go for that either.

Who doesn't wish to experience all the delicious food, fun activities, and interesting things in their limited lifetime?