Infinite loops

Money is one of the last taboos, no one talks about it. Might be because people use it as a proxy to gauge status / place in the pecking order.

Sports replaced tribal warfare which is where human historically gained their sense of status

Money is similar, you get to see where you are in the pecking order

People don’t want money they want to be respected and liked

The reason to acquire money is to control your time, be free, not to but nice cars

The key is to get the goalposts to stop moving

Most people will never have “enough”

People mistake money with a signal of success in life, being successful is being happy, not rich. If you can do both, great. Don’t sacrifice happiness for money

Kids go into investment banking because they think money = success and investment banking pays the most money

Keeping your expectations low doesn’t mean not being ambitious. Happiness = reality - expectation

Tails drive everything

Index funds are a stress free way to beat 90% of investors

Learn the basics of health and money

Knowledge Project (#14) (link)

Started as a Denny's host, then was a valet, then did banking for a summer, hated it, did PE then became a writer

Investing: DCA in index funds with a few individual stocks on top of that

If an article is relevant today, but not relevant tomorrow, then it's not relevant

Feedback is only relevant if people are forced to give it, otherwise there is lots of bias (only people who feel strongly will respond)