BowTiedRedpill | WallStreetPlayboys Era @BowTiedRedpill
The best quotes from WallStreetPlayboys are here Wifi Money Joined May 2021-
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A job is something where you are paid an hourly wage or a salary. A career is something that pays you based on performance. A business is something that makes money while you sleep and others make money for you (paying them a salary in exchange for more income than the salary)
The Best Way to Learn is to Take Action At the end of the day, until information is applied it has no value. If you do not have the *potential* to reach the top 10% (at minimum) in the new task you’ve decided to try, It should be dropped.
No, memorizing and doing what you’re told is not a form of “intelligence”.
Over-rated stuff: 1) fame 2) large number of "friends" 3) social media that generates $0 for you 4) "Networking" 5) Friday nights 6) New Years parties 7) college degrees 8) breakfast
If you make smart decisions when young you will see a snowball effect that will gain traction over a long period of time. The reverse is also true. Bad decisions when young will ripple over the next 20+ years.
No Barriers: How much does it cost to sell someone else’s product? $0. That is right. With a few clicks on a computer screen you can start selling someone else’s product today. You don’t even need to own the product or be on their staff!
Stop trying to sell with logic. Start selling with emotion.
Rich men are willing to *pay up* for quality and status. This is why Ferrari's exist and this is why the largest companies in the world cater to the high end.
"It is not smart to put your life in someone else’s hands. They have no attachment to you and are more than happy to get rid of you if they’ll net a long-term gain." [BOOK - Efficiency: Get Rich Without Giving Up Your Life]
"It is not smart to put your life in someone else’s hands. They have no attachment to you and are more than happy to get rid of you if they’ll net a long-term gain." [BOOK - Efficiency: Get Rich Without Giving Up Your Life]
Frugal people spend time *cutting cost*. Future multi-millionaires spend time *creating income*.
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How to build Iman Gadzhi’s studio
Imagine sending your child overseas to fight and die for this.
Friedrich Nietzsche - 10 Lessons To Change Your Mindset. | Philosophy Thread
"The first method for estimating the intelligence of a ruler is to look at the men he has around him." - Niccolo Machiavelli
@WalterIsaacson 10/ (@pmarca) Marc Andreessen’s Blog Archives
@WalterIsaacson 9/ Influence: The Psychology of Persuasion by Robert Cialdini
10 Business Books that will teach you more about business than any $150,000 MBA: 1. Invent and Wander: The Collected Writings of Jeff Bezos
If you have a garden and a library, you have everything you need. — Cicero
“Science vs. Engineering In science if you know what you are doing you should not be doing it. In engineering if you do not know what you are doing you should not be doing it.” ― Richard Hamming
• Don’t fall in love with any particular point of view. • “There is nothing wrong with changing a plan when the situation has changed.” - Seneca
• Assume people will act in their self-interest. • Base decisions on current situations and future consequences.
• Fear is our most basic emotion and it guides almost everything we do. • Very painful to lose anything, especially status, once obtained. • People learn their behavior from their tribe.
What Influences Our Thinking? • Behavior is influenced by genetic and environmental factors. • Pain (punishment) and reward (pleasure) have evolutionary benefits • Pain avoidance being the primary driver.
• You can't just look at the odds of something happening, but also The payoff you receive if it works (and the cost of it failing). A bet on something very unlikely can be smart if the payoff is large.
• More success from avoiding stupid decisions rather than making brilliant ones.
25 Lessons About Life Everyone Should Know. A compendium of ideas from biology, psychology, statistics, physics, economics, and human behavior. | Book Thread
“It has been far safer to steal large sums with a pen than small sums with a gun.” - Warren Buffett
“If you only read the books that everyone else is reading, you can only think what everyone else is thinking.” - Murakami
Loved these Book Recommendations? Follow @LTCWRK Tweets on mental models and worldly wisdom.
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