Satisfy the Mind's Appetite, One Idea at a Time.
I never asked anyone to do more than I was willing to do, nor what I wasn't willing to do.
Success in any relationship is not the absence of conflict but the ability to be in conflict mindfully, for example, without attachment to the intrusive mindsets of ego: fear, desire, control, judgment, or illusion.
Look at a company’s/industry’s ability to make and sustain profits. The key to investing is not how much an industry will affect society or even how much it will grow, but rather its ability to make and sustain profits.
For any ranked society, whether a chiefdom or a state, one thus has to ask: why do the commoners tolerate the transfer of the fruits of their hard labor to kleptocrats?
Befriending your bad ideas is a useful way forward. They’re not your enemy. They are essential steps on the path to better.
People often think that the best way to predict the future is by collecting as much data as possible before making a decision. But this is like driving a car looking only at the rearview mirror—because data is only available about the past.
If they need too much of your time, you can’t just tell them to stop bothering you. You have to wean them away and make it seem like it’s their idea. Let them figure out what they should be doing on their own. Let them tell you where you’re not needed.
The golden number of stocks to hold is at least fifty equal-sized and well-diversified U.S. stocks. With such a portfolio, the total risk is reduced by over 60 percent. Further increases in the number of holdings do not produce much additional risk reduction.
In a world of scarce resources, globalization without new technology is unsustainable.
The Fastlane Roadmap is engineered for two purposes. It’s engineered to create a passive income stream to the excess of your expenses and lifestyle desires, and to make financial freedom a reality, exclusive of age.