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- Read the same 100 books over and over

- Celebrities are the most miserable people in the World

- You’re not your public image

- Rich and anonymous > poor and famous

- Play and don’t overload your brain with too many information

- You want to work as an athlete, a mental athlete

- We’re not meant to work 9 to 5

- Own a business

- Work for yourself

- If someone can tell you when to work and what to where you’re not free

- Companies are smaller and smaller because they can externalize easily

- Maybe these gigs will include also the high-quality work - Work will be organized in sprints and will be mission-based

- Electricity did to the work landscape what automation is doing today

- It’s impossible predicting what job is going to be created - Universal basic income would bankrupt a country

- UBI doesn’t provide meaning to people

- UBI doesn’t take into account specific needs

- We should provide basic services instead

- You should educate yourself all your life

- Generalized AI is not coming in our lifetime

- We don’t even understand what really happens inside a cell, let alone the brain

- Intelligence is relevant only in its surrounding environment

- Equal opportunities > equal outcomes

- We all want to be socialist but with the head, we think capitalism

- White-collar vs blue-collar is the real battle going on

- Everyone can broadcast anything at anytime

- It’s also easy to set a mob and take someone out online

- Outraged people are the stupidest people on social media

- We have also anti-mob tactics

- News has become commoditized, they’re not propaganda

- We will create decentralized media that cannot be suppressed

- Nowadays nobody has the privilege not to have political opinions

- Some technology is neutral, some are political

- Science is hard for people and often facts are not enough to make up their minds

- There’s no room for nuances, people are very polarised

- We live in a dictatorship of 51% so all your believes have to fit in one of the two sides. This doesn’t make you a clear thinker.

- Being alone and enjoying it is a superpower aka the art of doing nothing

- Meditation is self-therapy

- Peace is happiness at rest, happiness is peace in motion

- Peace is not about external problems but about giving up on the idea of problems itself

- It’s easier to change yourself than to change the world

- People are not going to giving up economic growth

- Lower the price of cleantech

- Being forced to articulate thoughts helps to understand them more than simply sit in a room and think about them

- Understanding the basics of reasoning is better than memorizing advanced concepts

- A good book you can read one page at night and then spend the rest of the night reasoning about it

- The meaning of life is a “why” questions and it’s endless

- You end up with Agrippa's trilemma where you have only the following 3 dead ends

- 1 Infinite regress

- 2 Circular reasoning

- 3 Axiom

- The only answer is “because” meaning that we need to make up our own answer for the meaning of life

- All the great questions are paradoxes

- Thinking about them gives you insights that bring you a certain level of peace

- Everyone can be rich

- Imagine if tomorrow everybody was trained in software and engineering. We would create all the animation necessary not to work anymore and just focus on creativity.

- Richness is about education

- The universe has infinite resources

- Lack of material possession can make you unhappy but material possession won’t make you happy

- If you are smart you should be able to figure out how to be happy

- Busy minds, called also monkey minds are not peaceful

- You have to develop peace FROM mind not peace OF mind

- There’s a fundamental delusion about thinking that there’s something external to us that can bring us peace and happiness

- Once you solve your money problem you stop sacrificing something today with the idea you’re gonna get something in return tomorrow

- Do something you love, do a lot of money or live like a monk so money will stop to be an issue

- Focus on being authentic, unique, creative and not replaceable

- There are 2 great depictions: heroine and a monthly salary - You have to ignore your peers

- “That’s easy for you to say” and “keeping up with the Jones” is a big trap

- Stop thinking it’s someone else’s fault

- If you judge others you’re gonna separate yourself, feel lonely and negative

- Reality is neutral and how you interpret it is your choice alone

- Life is short, you’re gonna die, choose to be happy

- Confucious: a man has 2 life, the second one is when you realize you only have one

- Desire is suffering. Choose wisely. Choose one desire at a time

- Force yourself to be positive until it becomes automatic

- Smile more, hug more, get sunlight, spend time in nature, meditate

- Trying to sound smart is a disease

- Good question about it: “Would I be still interested in this thing if I couldn’t tell anyone?”

- If you are successful you’re gonna be inundated by inbound opportunities that you cannot manage and it’s harder to pick up something you by yourself

- You’re never gonna make more money than you think you’re worth

- Pick an aspiration hourly rate and be extremely jealous of your time

- This will help you define the cost of things like meetings or business travels

- Embrace what you’re doing at the moment

- Do art, creativity, love. Do things for their own sake

- Work should feel like play to you so no-one can compete with you

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How to get rich without getting lucky:

Seek wealth, not money or status. Wealth is having assets that earn while you sleep. Money is how we transfer time and wealth. Status is your place in the social hierarchy.

Understand that ethical wealth creation is possible. If you secretly despise wealth, it will elude you.

Ignore people playing status games. They gain status by attacking people playing wealth creation games.

You’re not going to get rich renting out your time. You must own equity - a piece of a business - to gain your financial freedom.

You will get rich by giving society what it wants but does not yet know how to get. At scale.

Pick an industry where you can play long term games with long term people.

The Internet has massively broadened the possible space of careers. Most people haven't figured this out yet.

Play iterated games. All the returns in life, whether in wealth, relationships, or knowledge, come from compound interest.

Pick business partners with high intelligence, energy, and, above all, integrity.

Don't partner with cynics and pessimists. Their beliefs are self-fulfilling.

Learn to sell. Learn to build. If you can do both, you will be unstoppable.

Arm yourself with specific knowledge, accountability, and leverage.

Specific knowledge is knowledge that you cannot be trained for. If society can train you, it can train someone else, and replace you.

Specific knowledge is found by pursuing your genuine curiosity and passion rather than whatever is hot right now.

Building specific knowledge will feel like play to you but will look like work to others.

When specific knowledge is taught, it’s through apprenticeships, not schools.

Specific knowledge is often highly technical or creative. It cannot be outsourced or automated.

Embrace accountability, and take business risks under your own name. Society will reward you with responsibility, equity, and leverage.

The most accountable people have singular, public, and risky brands: Oprah, Trump, Kanye, Elon.

“Give me a lever long enough, and a place to stand, and I will move the earth.” - Archimedes

Fortunes require leverage. Business leverage comes from capital, people, and products with no marginal cost of replication (code and media).

Capital means money. To raise money, apply your specific knowledge, with accountability, and show resulting good judgment.

Labor means people working for you. It's the oldest and most fought-over form of leverage. Labor leverage will impress your parents, but don’t waste your life chasing it.

Capital and labor are permissioned leverage. Everyone is chasing capital, but someone has to give it to you. Everyone is trying to lead, but someone has to follow you.

Code and media are permissionless leverage. They're the leverage behind the newly rich. You can create software and media that works for you while you sleep.

An army of robots is freely available - it's just packed in data centers for heat and space efficiency. Use it.

If you can't code, write books and blogs, record videos and podcasts.

Leverage is a force multiplier for your judgement.

Judgement requires experience, but can be built faster by learning foundational skills.

There is no skill called “business.” Avoid business magazines and business classes.

Study microeconomics, game theory, psychology, persuasion, ethics, mathematics, and computers.

Reading is faster than listening. Doing is faster than watching.

You should be too busy to “do coffee," while still keeping an uncluttered calendar.

Set and enforce an aspirational personal hourly rate. If fixing a problem will save less than your hourly rate, ignore it. If outsourcing a task will cost less than your hourly rate, outsource it.

Work as hard as you can. Even though who you work with and what you work on are more important than how hard you work.

Become the best in the world at what you do. Keep redefining what you do until this is true.

There are no get rich quick schemes. That's just someone else getting rich off you.

Apply specific knowledge, with leverage, and eventually you will get what you deserve.

When you're finally wealthy, you'll realize that it wasn't what you were seeking in the first place. But that's for another day.

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8 minutes ago, Lanterne Rouge said:

Money doesn`t buy you happiness, what it does is buys you the time to do the things that make you happy.

I've always thought money might not buy happiness, but poverty brings misery.

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2 hours ago, Erithacus said:

It might buy you a better class of misery. If I ever become rich I'll let everyone know.

Exactly. I'd still be miserable, but at least I'd be miserable on a private island in the Caribbean. 

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