When Desire Exceeds Supply, Stop Waiting and Grab It

When my desires are less than your supply, I can sit in line and wait to be fed; but when my desires exceed your supply, of course I'll take matters into my own hands.
The former is called ordinary thinking; the latter, extraordinary. #ReadingNotes

Brand Value Depends on Your Situation

When shopping, the first step is figuring out what you actually want. Wanting face is one thing; wanting substance is another.
A brand's value to you depends on your own circumstances. #ReadingNotes

At the table, those with chips are friends; without them, you’re just another dish.

At a dinner table, those with chips are called friends. Those without are just another dish on the menu.


You think that after a few senior guys treat you to dinner and give you a couple of compliments straight out of school, you're now friends?

You think bumping into people a notch above you every day makes you worldly?

That's called "seeing," not "understanding."

See, you've seen them. But they've never heard of you.

See? That's how the word for worldliness breaks apart.

Don’t Touch Investments You Don’t Understand

The author (friendship link) briefly shared their experience of being tricked by China Merchants Bank's precious metals department into opening a leveraged trading account. Money was being deducted every day, for 10 years straight... trapped for 10 years. Fortunately, they had enough assets to weather it.

Read the full article

When in doubt, stay away from investment products you don't understand. For ordinary people, funds and stocks are already high-risk—steer clear of more niche products.

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