Wiser 📚

Helping you get smarter and live wiser • Wealth, Health & Happiness • Timeless Wisdom • Follow me to unlock your full potential • Investor & Entrepreneur

[Wiser 📚 @InvWisdom]

Read all that you can get your hands on.

Build a library in your mind.

Over time the knowledge builds up.

Use your mental models routinely.

Then you become, a monopoly of one.

[Yuchen Jin @Yuchenj_UW]

I saw a guy coding today.
Tab 1 ChatGPT.
Tab 2 Gemini.
Tab 3 Claude.
Tab 4 Grok.
Tab 5 DeepSeek.
He asked every AI the same exact question.
Patiently waited, then pasted each response into 5 different Python files.
Hit run on all five.
Pick the best one.
Like a psychopath.

It's me.

[Ray Dalio @RayDalio]

https://t.co/Xpdl8fYoBg

[Balaji @balajis]

Ironically, one symptom of deindustrialization is that many commenters have never actually managed a physical business.

So. Suppose your US company imports $1M of high quality parts, and adds in its own components to produce finished goods sold for $1.2M per batch. Your gross profit is $200k per batch.

But wait! Suddenly a new 30% tariff is imposed on that $1M of parts. You now have to fork over $300k to customs before you sell anything. That’s cash you probably don’t have. Oh, and even if you do sell everything, you’re now losing $100k per batch.

With a sinking feeling, you realize your profitable business which you somehow managed to keep in America all these years has suddenly become unprofitable.

You post online about how bad this is but get shouted down by an angry mob, convinced that capitalists like you should die. You can’t tell nowadays if they’re on left or right.

Moreover, you don’t have the time, money, skills, or tools in house to build that $1M of parts yourself. You are being asked to do the equivalent of growing a maple tree when all you needed was a little maple syrup. So now you are faced with several tough choices.

(1) First, you may need to go into debt or fire people to quickly come up with the $300k in cash to pay for these surprise tariffs at customs. Even if the tariff might go away, it might not, so you have to get the cash somehow or risk having your shipment impounded.

(2) Next, you might need to reduce quality to stop losing $100k on each batch. You could order the lower quality $750k parts, grimace and pay 30% tariff at customs, and hope you can build and sell for the same price of $1.2M per batch despite the lower quality.

(3) Alternatively, you could keep the quality parts at $1M and instead raise prices to $1.5M per batch to get back your original margins of $200k per batch, which you need to pay employees after all. But that’s a big hike that your customer will probably not welcome, given that he’s likely dealing with his own tariff shock.

So: these tariffs don’t really give an incentive to build in the US. Because it’s far more expensive to build a screw factory than to pay even high tariffs on a foreign screw.

Instead what they likely mean is debt, layoffs, lower quality, and higher prices for any US company that buys parts abroad.

Just to understand how common that is:

[Wiser 📚 @InvWisdom]

@levelsio quookers have pfas

[Naval @naval]

When you truly work for yourself, you won’t have hobbies, you won’t have weekends, and you won’t have vacations, but you won’t have work either.

[Carnivore Aurelius ©🥩 ☀️🦙 @AlpacaAurelius]

Society is dumbing you down and ruining your attention span. You need to be actively resisting this process:

- meditate for 30 minutes a day
- raw dog walks with no technology
- read long hard books
- watch long movies without being distracted
- spend hours in deep focus
- 2+ day digital detoxes

this is the only way to survive.

[@levelsio @levelsio]

Ask ChatGPT:

If you were the devil and wanted to keep an entire nation sick, what would you do?

[Sahil Bloom @SahilBloom]

Everyone needs to hear this…

[Carnivore Aurelius ©🥩 ☀️🦙 @AlpacaAurelius]

when Rome was collapsing, elites distracted citizens with bread and circuses, gladiator games, orgies and casual hookups...

remember that when you see everything going on today.

[RAW EGG NATIONALIST @Babygravy9]

Older men who drink green tea regularly have significantly higher testosterone levels than men who don’t.

[‎Wojak Codes @wojakcodes]

“Until death, all defeat is psychological”

[Carnivore Aurelius ©🥩 ☀️🦙 @AlpacaAurelius]

Reject modernity. Embrace tradition.

[Carnivore Aurelius ©🥩 ☀️🦙 @AlpacaAurelius]

Honey, 25x magnified.

God's gift to earth

[PlanB @100trillionUSD]

So when you buy bitcoin ETFs you are a retard, idiot, traitor, know nothing about bitcoin. And Larry Fink (BlackRock CEO) is the devil.

But if you buy (Micro)Strategy you are a smart investor, great bitcoiner. And Michael Saylor is the Godfather of bitcoin.

Make it make sense!

[Tyler Todt @tyromper]

"Satan doesn't necessarily want us to worship HIM, he wants us to worship OURSELVES."

-@WesleyLHuff

Hits hard when you look at the landscape of our society & when I look at my inner self without God.

"He must become greater, & I must become less."

-John 3:30