Amazon wants to make life cheaper, with Amazon I check what other people say about a product and zero mistakes, in Amazon when I am looking for something I look for Amazon Choice and it's normally the best (Cheaper ) choice.
Apple has a different approach, it's beautiful and easier to use but very very expensive. I see the Apple model more in danger from competition.
“When Alexander the Great visited the philosopher Diogenes and asked whether he could do anything for him, Diogenes is said to have replied: ‘Yes, stand a little less between me and the sun.’ It is what every citizen is entitled to ask of his government.”
―
Left always do things that make sense and always lose, from victory to victory until the end. Sweden strategy does not make sense but works . Lockdowns make sense but don't work and have some side effects.
the end of course is a lot of people on the Gov/State shoulders
Why would you go to college/lawschool/mba/blahblahblah..
I guess because you don't want to be a plumber. However if you pick any work that the world doesn't need you have a problem. The world does not need an average lawyer, an average architect or an average MD.
all these jobs will be replaced by a computer. A good doctor will be always on demand because someone has to tell the computer what to look for.
Do something new, do something that has no license to practice. There are no rules yet .
If you don't want to do new things you can always be a plumber.............
You need stress to be strong , If you never get tested one day you break at the first wind. In Portugal authorities want to prevent small fires and in 2017 in Pedrogão they got a huge fire that killed more than 50 people.
If you take very small doses of a bad thing you became a bit immune.
If you don't let your kids fail small they became paralyzed with fear of failing
"To be completely cured of newspapers, spend a year reading the previous week's newspapers." - Nassim Nicholas Taleb
Though it may feel like you’re getting something done, you’re not. The reality is, the news doesn’t really affect you. It’s good to keep up with the goings on of the world, but don’t fool yourself into thinking you’re being productive by doing so. You’re not doing anything. Go do your work.
I saw this in a blog without author but I tend to agree. I just think if affects you a lot. You think you are working and news specially if it's opinion can get into your thought process.
Read History, study facts, hard data and forget the weekly theme. You can't make money on news because they are all incorporated in the prices and there are a lot of negative news that relly enter your mind.
Just turn down your tv and get some silence.
Almost always when I buy a new book just out of print I am disappointed. When I buy a book that is in print for 50 years and have 13 editions there is something there. Don't buy new.
There is nothing new in the world.
Not exactly true, some people receive from Government and others could have a better life without Government
Nowadays, the life of young people seems to be easier than in the past, but we would have to think about the differences between education and work: while the level and quality of education is decreasing, the requirements to get a job are increasing.
Easy education ----> Hard Life
Difficult Education ------------> Easy life
Education is easy, in my country you cannot fail, no student will stay behind means that every student even if he know zero progresses to the next level.
Kids this day have a sensation that they are busy in Instagram , Facebook and WhatsApp or NETFLIX. They achieve nothing but they are busy. Life did not change at all, people are dormant with so many distractions and think they are progressing. They are not. Everything is the same.
Either you learn a new language, or learn how to code or you strive to win in sports or in Music. Kids have to understand that in life you either are a producer or a consumer. Money flows from Consumers to producers. Kids this days are consumers and think they are progressing. I think they will have a surprise because work is just like it always was . Nothing has changed.
Mind something when you are starting your life you can work 14 or 16 hours everyday. I used to do 6am to 6pm in the office. Now with my own kids and a much more active social life I can't work 12 hours a day anymore. Work when you can, you will miss this time when you can progress fast.
My advice to KIDS is below, Mark is spot on
My advice to young people just starting out: Make a list of everything you want and spend the next 10-15 years getting it piece by piece. Work hard, save and invest. Forget about flash until you truly can afford it. Build your trading account, not your car or watch collection.
Mark Minervini
A $300 or a $30 watch both tell the same time!
After disaster I had my first victory ever
The fundamental delusion
Terrible day at the bike
There are two distinct periods in every man’s life:
I finished It
Don't take your girl to a cheap restaurant!
My meeting with David Swensen in 2004
Big Money Thinks Small
If you quit once it becomes a habit
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