Really successful people say no to almost everything

Monday, November 27, 2023 Francisco 0 Comments

Warren Buffett once said: "The difference between successful people and really successful people is that really successful people say no to almost everything." 



One plan to attain Financial Independence 8 steps

1.Forget about politics. Unless you want to be corrupt and make dirty money politics does not put money in you pocket.

2.Forget your I-Phone unless you are a influencer and use the Phone to make money, if you have less than 100,000 followers forget the Cell -Phone (Cell= Prison) put on mute and just speak with your family and friends.(A Nokia will do). The phone can destroy your marriage.

3.Forget Social media, same as 2, if you are a influencer you can  otherwise forget it does not put money in your pocket.

4.Forget news. You can't make money with news unless you know what are the news in 1 year time. Everything that is in todays news is already in the price. Besides the news depress you making you think that you have problems that you don't have.

5.Forget shopping, anything that you don't use every week don't buy , rent. Don't own stuff. You probably don't need it. Is it necessary? probably not.

6.Say no to most things invitations etc.. Most of the things get you no where. don't get distracted , read, work, do some sport and save some money.

7.Invest your savings, create a second income and one day you will live from it. Some things work, Buy stocks, Buy funds ETF's etc...do what works forget the news.




Speaking in the OPTIMIZE seminar in OPORTO. Thank you for inviting me. 

Stocks for the long run. 

Which stocks for the long run.

There are many ways to skin a cat I have one. 








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Bitcoin

Thursday, November 23, 2023 Francisco 0 Comments

 

In the end since every day someone loses their security keys there will be only a few Bitcoins.


Think about that










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Don't overthink

Tuesday, November 21, 2023 Francisco 0 Comments

 

A man who suffers before it is necessary, suffers more than is necessary.









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Decay comes from turning the TV when the sun is out

Tuesday, November 21, 2023 Francisco 0 Comments

If you don't move , it's winter the body shuts down for hibernation, if you move it's spring everything is ready to hunt.


If you don't send any signals to grow, decay will win, but even a modest signal  to grow- a decent workout, even a good stiff walk -will drown out the noise. Thing is, you need to do something every day to tell your body it's spring time.


“Your body reads idleness as a sign that you are starving to death as slowly as possible, no matter how much you eat. Exercise”
― Chris Crowley, 
Younger Next Year: Live Strong, Fit, and Sexy - Until You're 80 and Beyond

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To be nº1 is an advantage except

Wednesday, November 15, 2023 Francisco 0 Comments

 


To be nº1 is an incredible advantage but in banking a notorious bad business because the employees capture a big part of the economics this advantage does not exist according to Buffett. I think there is a small advantage for the big guy, it's the idea of too big to fail. Yes it's better to deposit in the big guy. 


But I agree with buffet the best banks could be a small bank that is slow about doing new business.


everywhere else to be nº1 is incredible. , if you go to buy something why not buy what everybody is buying, if it was bad it would not be nº1. nº1 is low risk.









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Don't go for the easy money

Monday, November 13, 2023 Francisco 0 Comments

All good is hard. All evil is easy. Dying, losing, cheating, and mediocrity is easy. Stay away from easy. 

Scott Alexander

I don't know if the regular business of PFIZER was good or was bad , however it looks like they jumped on the easy money , COVID  and rushed a vaccine made some quick money and then......BUUMMM they disrupted their long term business


Never go for the easy money I guess it's the lesson. If someone finds that PFIZER lied in the vaccines that could be even worse
















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Animals in nature never get fat.

Sunday, November 05, 2023 Francisco 0 Comments

 Animals in nature never get fat.


Funny that only pets fed by humans get fat.


Bears eat like crazy in the summer and are fairly chubby in the autumn. But then comes the hard times. The surplus fat is burned surviving the winter.


I am like the Bears!


I guess the explanation must be if you eat proper food you don't get fat, however if you eat human food the animal gets fat easily.


Bruce Rengers: I have seen massively obese animals in the wild, but it is always because they are eating human food that is brought to them. For example, monkeys in temples in Thailand are considered sacred and receive food from people every day even though they live "in the wild." These monkeys are so obese they can barely move.

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A man growing old becomes a child again.

Thursday, November 02, 2023 Francisco 0 Comments


A man growing old becomes a child again.

Sophocles


Children love everything, everything, I believe that as we got old all will be wonderful , every small thing. slow and happy. 


It's very important to live in a way that doesn't drive you crazy but rather drives you sane. You are driven sane by doing small, simple things carefully, thereby spiritualizing your activities.



Men are like wine - some turn to vinegar, but the best improve with age.

Pope John XXIII




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You don’t have to accept things you are not okay with

Thursday, November 02, 2023 Francisco 0 Comments

 “Half of the troubles of this life can be traced to saying yes too quickly and not saying no soon enough.” Josh Billings


People think focus means saying yes to the thing you’ve got to focus on. But that’s not what it means at all. It means saying no to the hundred other good ideas that there are. You have to pick carefully. I’m actually as proud of the things we haven’t done as the things I have done. Innovation is saying no to 1,000 things.”


Steve Jobs



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