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Showing posts from February, 2023

Meaningful work and Mental life

  Alright folks, listen up because I'm about to drop some truth bombs on you! Here's the deal: you're not just selling your time, you're selling your precious, irreplaceable moments on this planet. So you better make damn sure that what you're doing with that time is meaningful and valuable. Now, if you're the type of person who gets a kick out of bringing joy to others, then delivering food might just be your calling. But whatever it is that makes your heart sing, make sure you're selling your time for something that makes you feel fulfilled. And let me tell you, it's not all about the money. Sure, it's nice to have a few extra zeros in your bank account, but if you're sacrificing your mental satisfaction in the process, then what's the point? Trust me, a mansion and a fancy car won't do you any good if you're miserable on the inside. So here's my advice: start focusing on accumulating a high quality of mental life before you kic...

Compounding Your Efforts: A Guide to Consistency and Success

  Hey there, folks! It's great to be here with all of you tonight.   I want to talk to you about something very important: compounding your time and effort. What does that even mean, you might be wondering? Well, let me tell you. When you're trying to get good at something, it's crucial to be consistent. But there are a few things that can totally mess with your consistency.  These things can throw you off track and make it difficult for you to achieve your goals.  Let me break it down for you. First up, trying to be consistent without any reward.  We all need a little motivation to keep going, right? So, break your goals down into smaller steps and give yourself a reward when you accomplish each one.  It could be something small, like treating yourself to a cupcake, or something bigger, like going on a weekend getaway.  Whatever it is, make sure it's something that will make you feel good and keep you going. Next, evaluating yourself too often. Listen...

The Pitfalls of Overly Large Rewards in Gambling and How to Respond to Them

Well, well, well folks, looks like we got a problem with rewards. And no, I'm not talking about the rewards program at your local coffee shop, I'm talking about jackpots, baby! Now, you know what they say, too much of a good thing ain't always good for you. And that's exactly the case with these humongous rewards. Your brain gets all hooked on the actions that led to that sweet, sweet jackpot and before you know it, you're a coin-slottin' addict! I mean, don't get me wrong, I like making money just as much as the next guy, but sometimes the market doesn't go up like we want it to. It goes up, it goes down, it stagnates. It's like trying to predict the weather in Washington D.C., it's impossible! And let me tell you, there's nothing more exhausting than trying to control something that you can't control. Trust me, I've been there. So, here's what we gotta do, folks. When you're at the gambling table, have some fun during the up...

Stay Free and Powerful: The Importance of Maintaining Decentralization and Individuality in a World Obsessed with Fame

Listen up, let me spit a rhyme, 'Bout stayin' free and powerful all the time. In a world that's obsessed with fame, It's important to maintain your own lane. Once you hit the airwaves, you lose control, Public figure status will swallow you whole. Look at Britney Spears or Michael Jackson, Fame can be dangerous, it's not just fun. Money can bring freedom, that's a fact, But don't let it make you lose your tact. Take a look at Elon Musk or Jeff Bezos, Their billions can't buy happiness, you know. There are those who suffer when fame comes too quick, So it's best to avoid it and stay slick. Remember Lindsay Lohan or Amanda Bynes, Their fame was a curse, not a prize to win. I'll keep spreading enlightenment to the like-minded, Together we'll become stronger, unconfined. Think of Oprah Winfrey or Bill Gates, Their ideas have changed the world's fates. Feelin' others' pain is key to being powerful, It connects us together, like a cable...

Repeating trials

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You need to make money grow in the form of (1+1/n)^n when you repeat the trial several times, but even if you have a subjective feeling that you have a good chance of getting money right away, you shouldn't do it unless it is an objectively profitable method when repeated several times in the long run. Even if it doesn't look like the money is growing quickly because the value of a is larger than 0 but somewhat smaller than 1, such as y=e^(at) and a>0, it is very important to bet only if the money grows in multiple iterations of the same trial even if this trial fails.  Of course, there are stories of people who made a lot of money suddenly because they were lucky enough to catch the market rise by placing a full bet, but you have to ignore all that noise because it's just a matter of 'y=e^(at), a>0 for multiple iterations, and you'll either get lucky this time, or you'll end up with a big loss'. So if you want to make money with y=e^(at), a>0, you ...

You know that saying, "Poverty is inherited"?

Most people think of it as 'not having money is inherited', but it's more... It's the inheritance of a poor way of thinking, a poor way of looking at the world, I'm talking about the inheritance of poor parental behavior. "There's no point in trying that. "In my experience... "I don't care what you say. "You can't even study. "You need to know the subject matter. "See, I told you, I can't do it, and my parents make me do it in my sleep. "You got a 100 in math! Don't make a mistake next time, get a 100! "Why did you quit that steady job and... 'Stocks are a disgrace' "If it wasn't for that bastard Kim, I would have gotten a promotion. They ask me why I don't study, but I spend all day on my cell phone, watching TV, and sleeping. I don't read books at all. I drink and smoke and giggle with my friends and have no control over my desires, but I also want to raise my kids in a very model...

You know what they say about wealth inheritance?

Do you know what rich moms and dads worry about? Worrying that their kids will blow everything they've earned in one fell swoop, worrying that they won't study because they have too much money, worrying that they'll be addicted to material things and neglect mental things, worrying that they'll become boring assholes because they have too much money. I'm full of worries.  But you don't need money to raise a great kid. I've invested in a kid who's in the first grade. Lego Mindstorms 100,000 won MacBook Pro 300,000 won 2 million won for various electronic kits  8,000,000 won for all kinds of books  Three printers, 500,000 won.  This is all I can think of... It seems like a lot, but it's much better than unnecessarily expensive private education. That's about 15 million won, but if you divide it by 6 years, that's 200,000 won a month. You can invest 200,000 won per month per child. (Private education is not done at all except for math for 100,00...

Modern Enlightenment Proposals in the Age of Artificial Intelligence

1. propagate the method of making money in the shortest time based on optimal betting  2. spread the need for lifelong work and the importance of good coworkers  3. how to make math easy and fun for 2-year-olds and contribute to civilization  In the era of artificial intelligence, we are practicing a modern (?) enlightenment movement on Facebook and KakaoTalk to enlighten the public on these three topics and to give each individual a strong power. Through this, each individual and their offspring will flourish, and the total sum of material and spiritual satisfaction will be immeasurably greater.  (The propagation of the rebound river trade has been credited with bringing the combined wealth of countless individuals into the hundreds of billions to trillions of dollars, and saving the lives of dozens and hundreds of people who would otherwise have fallen into the Han River.) I believe that more individuals with this kind of power is the fastest way to realize a just ...

Investing is 4-dimensional

Investing is 4-dimensional The act of investing is a four-dimensional decision.  It is an art form that recognizes market uncertainty, distinguishes between what the human brain can and cannot do, and allocates resources at the optimal rate for the fastest money growth in a unit of time.  Living in one of the most expensive apartments in South Korea, where Lamborghini Bentleys are parked as ubiquitously as Sonatas, I realize that very few people are here on a salary and most are here as an investment, and the quality of life for me, my family, and even my unborn descendants can be completely different depending on whether they know how to invest or not. 1. Determine the ratio between different asset classes  The first decision should be the proper asset allocation between KRW, FX, Mengzi, house/apartment, stocks, stock futures, and coins. It's like designing a large forest and deciding which trees to plant in different areas of the forest. Each forest is separated by a st...