Regulation

When a lot of people lose a lot of money, there is a cosmic need for scapegoats and increased regulation.
A Gary Shilling, 2013


Regulation is strangling businesses of all sizes in California, and we've got to streamline regulation so it's easy, not hard, to do business.




“Another advantage of increased regulation is creating thousands of jobs for lawyers.”
From LCM Perspective, Seymour Lotsoff



The idea that you can regulate prosperity is a big mistake, a world with no risks is a more fragile one than a world where some people win and some people lose / make wrong decisions. Without trust we do much less than we used to do. This is one of the reasons the world has stalled. After 9/11, the amount of rules/regulation/limits etc… really prevents business to run smoothly. 

Gold


There are good reasons to own gold. And to buy gold, there is now a reason which did not exist a week ago: It's 30% cheaper.

Dylan Grice

Ready Again

Transportugal starts on the 4th of May

Today is my 46 birthday my Tanita says it'a still 29!


Measurement 
Sat, Apr 20, 2013
VO2 Max
--
Weight
71.0 kg
Body Fat
13.1 %
Body Water
58.6 %
Bone Mass
3.1 kg
Muscle Mass
58.6 kg
Physique Rating
5
Visceral Fat
5
Metabolic Age
29 years
Daily Caloric Intake
3,133 C
I already did a 4 hour morning ride and now i am going to party a bit with my 2 boys and my friends.

Be of service


Wealth, like happiness, is never attained when sought after directly. It comes as a by-product of providing a useful service.

Do something that genuinely helps others and makes the world a better place in a major way. That’s the way to have a happy, fulfilled life.




I agree with this line of thought. In my view there are only two ways to make a living

a)Do something on demand (supply & Demand are favorable)
b)Do something that improves the life of your client.

If you do the former and there are no barriers to entry one day you will be with no job (Even in Europe). If there are millions of people that can do what you are doing you have a problem. At the moment in Europe there is a huge demand to regulatory/compliance/legal & paper moving jobs. Those jobs have zero value for society. Everybody can be a compliance officer. One day they will be without job. On top of that deep inside you if you work in this kind of jobs you know you are doing nothing for society. 

If you provide a service or a product that really improves the life of your client you have job and you feel a sense of pride in what you do. You are making a better world. This line of business is more sustainable and can bring you more money and happiness.





On the Saddle in the North of Portugal



This picture was taken in Hippikos where i spend the best Holidays with my two boys. Good food, riding 3 different horses a day, and an amazing view.

http://www.hippikos.pt/I30000instalacoes.htm


Goals


Only about 3 percent of adults have clear, written goals. These people accomplish five or ten times as much as people of equal or better education and ability but who, for whatever reason, have never taken the time to write out exactly what they want.

From the Book Eat the Frog

I don't have a clue if there is hard data supporting this phrase. 

However, in the Book What they don't teach you at HBSMark McCormack tells a study conducted on students in the 1979 Harvard MBA program. In that year, the students were asked, "Have you set clear, written goals for your future and made plans to accomplish them?" Only three percent of the graduates had written goals and plans; 13 percent had goals, but they were not in writing; and a whopping 84 percent had no specific goals at all.
Ten years later, the members of the class were interviewed again, and the findings, while somewhat predictable, were nonetheless astonishing. The 13 percent of the class who had goals were earning, on average, twice as much as the 84 percent who had no goals at all. And what about the three percent who had clear, written goals? They were earning, on average, ten times as much as the other 97 percent put together.

What might be the reason for this?

1.If you set a goal you must think a bit where do you want to go. Many people just live day by day without a direction. To know where you want to go is a big plus.


Your vision of where or who you want to be is the greatest asset you havePaul Arden

2.Focus, if you set a Goal or two probably you are going to focus on those tasks. You are good in things you repeat over and over. To have a Goal makes you repeat over and over.

The secret of success is constancy of purpose.
Benjamin Disraeli


I have some goals but not big goals. I have a weight target, i have a classification goal on the mountain bike Transportugal, etc.... but i don't have a goal like i want to be..... after this i will set some more intermediate goals.