@vrexec How do you inherit grit? It's learned through trial and error can't even be taught as each situation you go through makes you level up or step down. I consider that self made.
Coming from well off background gives you more arrows, overcomes failure, and makes it easier to win.
@StealthQE4 Abe said a long time ago "a nation divided upon itself can not stand".
America was about progression and to bettering your life and then your kids.
With manufacturing, services, and now tech jobs going lffshore/cheap labor upward path is now a lottery ticket.
Hence the despair.
@DonMiami3 Rail, like ships were about connectivity and could be used to expand trade and kept money local
The tech today can connect, but easily copied with minimal investment. But so much high cost area money ends up in low cost countries so benefits not the same.
@LeylaKuni The 1 year return focus kills the retail investor.
Peter Lynch produced a ~29% average annual return on the Magellan Fund, many of his investors lost money by jumping in and out rather than staying invested.
It's a bit ironic that IRS Code Section 401k was enacted by Congress on Nov 6 1978 to help people save for retirement. Months after Richard Nixon's interviews post resignation, where he talked about challenges of retirement without purpose.
https://t.co/oevYABWySa
@texasrunnerDFW America used to head west, then they headed south, and no there's nowhere to head but outbid each other on what supply there is. All to get a loan and hope you don't get laid off right after you close.
@Cernovich Rich is an income stream that lets you live the life you want without worrying about spending past your limits. Surfers could live on so little because they live a vacation life daily. A materialistic person may never have enough because there's something else to buy or try.
Time Ferriss book sales highlight the upcoming Cliff Notes learning era. Ask for basic questions and get the high level answers everyone else will get.
The deep knowledge will come from reading and the raw source and piecing the stories together to get the full picture.
NEW blog post is up!
"Has AI Already Killed How-To Nonfiction? Sales Trends, My Personal Data, and What It Might Mean for the Future"
My head has been spinning after getting a spreadsheet roughly a week ago.
Before we dive into my dirty laundry, letโs state the obvious: millions of people have a vague sense that AI is changing things. And LLMs sure are convenient for getting answers quickly. My team and I use Claude and other tools daily.
But far fewer people have first-hand experience with the speed and intensity of disruption thatโs happening. Not in a year, not in six months, but right now.
So let me show you, using my own books as the cadaver on the table, what a fatality looks like.
(Link below)
@lobocashflow@FreddyLA7 When it continues starts to feel like a marketing gimmick and brands are "donating" items knowing they piggy backing on his story now.
@coreyganim Figure the other side is how can you document more of the day to day so AI can then go about automating processes and find the efficiencies. Then the hidden work that gets done in spreadsheets surfaces which reduces the depends on a person holding the process together risk.