"Value your time. It is all you have. It’s more important than your money. It’s more important than your friends. It is more important than anything. Your time is all you have. Do not waste your time."
@naval
Getting older showed life me isn’t perplexing. It’s made up of trainable skills. Family. Mindset. Money. Business. Fitness. Personal relationships. Love. All are skills. You can learn this stuff. It is that simple. God and human consciousness are mysteries. Living well isn’t.
In the Elon Musk biography, Isaacson tells of a poker game where Musk went all-in every time until he won.
It's an analogy for how Musk - in Peter Thiel's words - "understands something about risk that everybody else doesn't", and how he's able to create companies that seemed impossible to everyone else.
I think the thing that Musk understands about risk that everybody else doesn't is what David Deutsch calls The Principal of Optimism.
P.O.O: Anything which is not prohibited by the laws of physics is possible given sufficient knowledge.
Musk has often referred to the laws of physics being the only constraint, like here:
https://t.co/nOcUA1swhf
Why is this interesting?
Personally, I think the Principal of Optimism is one of the most significant discoveries in Philosophy made this century.
Anytime you face a difficult problem, you can ask:
"Do the laws of physics say solving this problem is impossible?"
If the answer is no, then you know that there's only one thing in between you and the solution: knowledge.
And thanks to Karl Popper in the 20th century, we know the only way to create knowledge is through trial and error.
Conjecture and refutation.
Guess and check, and guess again.
You see this philosophy in action at SpaceX.
They got through 3 or 4 rockets before landing their first Falcon in 2015.
Trial and error.
And we all watched recently as they launched and blew up the biggest rocket to ever leave the Earth, yet calling it a "success" for simply detaching Starship from the booster.
Guess and check, and guess again.
And so in this way, even the most seemingly outlandish problems like landing (or catching) rockets falling from space become tractable issues to be solved by a small dedicated team.
While all the greatest entrepreneurs are singular individuals, on a deeper level, they all share a common trait: they don't take anyone's word for it. The only constraint they impose on themselves is that imposed on them by the laws of physics.
They're all guided by the same principal.
The Principal of Optimism.
The best story always wins. What you do in this world is a matter of no consequence. The question is what can you make people believe you have done. S H
there is a paradigm shift happening.
this is the last US election where mainstream media will be a big player.
this is the last crypto cycle before blackrock, greyscale & financial titans dominate the market.
if you are a creator, utilize this time to build an independent, online platform for yourself using social media before the world completely shifts to social media being the only media that matters.
if you are a crypto investor, utilize this time to build a position for yourself & maintain that long term so that you will benefit from the inevitable price action caused by blackrock trying to buy all the bitcoin available for their own greed & insatiable desire for control.
whether you think mainstream media dying or blackrock taking control of crypto is good or bad, the truth is, it’s inevitable. you can’t stop this from happening.
best thing we can do is be aware of the changes & adjust our positions to benefit from it the most.
Your intelligence cannot be measured by a number. It is defined by your willingness to learn, solve problems and try new things. Develop your skills. Share your ideas. Your skills are more valuable than your grades.
Wealth is what you don’t spend, which makes it invisible and hard to learn about by observing others people’s lives. Spending is contagious; wealth is mysterious.
Watching Sopranos again from S1E1. When you watch a show or film when you’re younger, the actors look old. Then you get older. Now Tony looks young and even trim. We move through time and it changes how we see the same material. “You can’t swim in the same river twice, because neither the man nor the water are the same.”