Wealth - Page 6 of 6

Mar 5 2019

Free Markets Are Intrinsic to Humans

We use credits and debits to cooperate across genetic boundaries

Overall capitalism [meaning free markets] is intrinsic to the human species. Capitalism is not something we invented. Capitalism is not even something we discovered. It is in us in every exchange that we have. When you and I exchange information, I want some information back from you. I give you information. More

Mar 3 2019

Make Abundance for the World

Wealth isn't about taking something from somebody else

I think there is this notion that making money is evil, right? It’s rooted all the way back down to “money is the root of all evil.” People think that the bankers steal our money. It’s somewhat true in that, in a lot of the world, there’s a lot of theft going on all the time. More

Feb 28 2019

Seek Wealth, Not Money or Status

Wealth is assets that earn while you sleep

This is my first interview on How to Get Rich, based on my tweetstorm on the same topic. The podcast is available on Apple, Breaker, Google, Overcast, Spotify, YouTube and other podcast apps. More

Feb 8 2008

Life Formulas I

These are notes to myself. Your frame of reference, and therefore your calculations, may vary. These are not definitions – these are algorithms for success. Contributions welcome. Happiness = Health + Wealth + Good Relationships Health = Exercise + Diet + Sleep Exercise = High Intensity Resistance Training + Sports + Rest Diet = Natural Foods + Intermittent Fasting + Plants Sleep = No alarms + 8-9 hours + Circadian Rhythms Wealth = Income + Wealth * (Return on Investment) Income = Accountability + Leverage + Specific Knowledge Accountability = Personal Branding + Personal Platform + Taking Risk? Leverage = Capital + People + Intellectual Property Specific Knowledge = Knowing how to do something that society cannot yet easily train other people to do RoI = Buy-and-Hold + Valuation + Margin of Safety More