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Vince

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Vince last won the day on July 1

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About Vince

  • Birthday 01/21/1988

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  1. Not really. Trees die. They seem to not care
  2. this is just my opinion, but i don't think financial trading can be a part time venture. A whole system of trillions moves without your knowledge at the speed of microseconds. The woo woo of finance is so cryptic the outsider can lose all the money incredibly fast. I enjoy talking about finance though. I need to put my money into something that protects savings against inflation though. I'm still searching.....I keep hearing either gold or real estate. But what asset protects against martial law (don't say guns πŸ˜‚ ). The USA isn't a magic govt- martial law and civil war happens all the time anywhere Good thing I don't live in the USA.... I'm Texan πŸ™‚
  3. I'm experimenting with ways to address this type of interaction. My theory is most internet mediums reward loud and catchy intellectual shallowness. It's a serious problem as we get more tied to the internet these days. I think forums help buffer this, but immigrants from other social media can be problems, as they export this behavior more broadly.
  4. hmm.......I can't speak for others, but i find this a useful organizing principle. I don't have to listen to the dogmas of culture and go up the corporate ranks to lead a decent life. I find that insight invaluable. As that old author said, a word is just a word. But I view Sigma as my attempt to live an economically free life- one this forum can help with. Which makes me ask, why are you here? Do u hope to gain much from these interactions? To be frank, you do seem to have arrived at a conclusion counter to any future dialogue....... with anyone
  5. I hope yall are putting "skin in the game" as Taleb states. It's easy to encounter hindsight bias when you don't - south park reference I dumped a piddly 125 dollars into an investing app. It is down 50 cents after being up 75 cents. bleh? It's one of those where I dont make any real decisions beyond what portfolios to grab.
  6. i'm playing symbiote to my business friends right now. I am still apprenticing on how to boost sales and marketing for the peeps, but I have about half a dozen guys who are well positioned to "blow up". Hopefully I can arrange a mutually beneficial deal with them soon πŸ™‚ Yes, that is a venom reference πŸ˜›
  7. here is my first draft for my first video. decided not to tackle compound interest yet, but to tackle a silly meme instead. it'll take some time to convert it into a video: There is an old t-shirt meme that goes along the lines of β€œI spent 15 dollars and all i got was this lousy t-shirt.” As humorous as this meme tends to be, it does bely a key point - time and money can be spent badly. This may seem as banal as a Jordan Peterson comment, but there are some key ideas worth mining in this β€œlousy t-shirt.” The first idea is the most obvious - once money is spent on something, that same money can’t be spent elsewhere. If I have 15 dollars, and want to buy both a 15 dollar t-shirt and a 15 dollar book, I can only buy one of those items. This is common sense, but it is often easy to forget that once money is spent, it is no longer yours. The second idea is that time and money function differently. Time can only be spent now - money can be spent later. The owner of the t-shirt could have simply waited to find a better opportunity to spend 15 dollars. There is a connected idea of inflation, but that is beyond the scope of this video. This idea, that money is untethered from time, allows for the existence of financial institutions. You cannot spend money to buy back yesterday, but you can provide capital to a company through stock investing in return for a share of potential profits. There are countless investment schemes that revolve around trading time for money - another is to give a loan to a company in the form of bonds in exchange for that money back, plus interest. And of course, there is speculation in asset growth of things like cryptocurrencies, which remains an unknowable future. The final idea is that financial gains tend to clump around a few precious winners. Back to cryptocurrencies, there are hundreds if not thousands of cryptocurrencies now. It is impossible for all of them to thrive. In the same way the american dollar crowds out gold as a medium of exchange, only a few cryptocurrencies will survive a mass adoption phase. It’s also what happened to myspace when facebook entered the scene - eventually enough people preferred facebook that myspace had to stop being a social network and became a platform for musicians to advertise their work. So what to do? I obvious cannot give financial advice, but these three ideas hold true in all of economic activity. It is essential to spend money wisely, because once spent it is no longer yours. Money can be transformed through time to either more or less money later, depending on the realities of the future. And our current economics is very similar to winner takes all, making financial strategies a little tricky.
  8. Am I terrible in thinking we shouldnt regulate any travel(except contain violent crazy people and mind the hobos) and if people die of SARS or whatnot it's whatever? Economics can't work under these conditions....
  9. I like to code to relax. It's good brain food for me. Im wondering if anyone else does coding. It's fun πŸ™‚ . Although the popular story of instant riches is highly misleading in my experience. There are, as y'all know, a multitude of factors to sucess beyond "build it and they will come" Cheers πŸ™‚
  10. Hello. I just completely a strategy session with Steve Jabba today. We concluded I am smart, and have good ideas, but have a profound weakness in my inability to implement and stick to the best idea, long term. After battering some ideas, though good, I am not well positioned for (such as language learning), we concluded that I would do best to build on the past success of my math and science tutoring and bring it to the digital age. This was well worth the price. Because without the session, I'd be wandering uselessly trying to implement ideas i know nothing about. Then getting back to my old habit of giving up when insufficient progress is made over the weeks/months. Steve told me I need to measure this in years, and this new focus will help. action plan: I am learning how math thinking and math tools can be useful to people's lives. I am transitioning beyond the basic "teach the test" and trying to bring real value to people through digital medium. Making good quality video is the main focus for the foreseeable future. also, I am blind to design, and it's good for someone with success in this to point out glaring flaws I refused to see. I will keep yall updated. my youtube channel i will create will focus the activity. FIrst topic: Why the compound interest billionaire is a myth: historical ways to acquire wealth
  11. High expectations are great. Just remember, it takes time for a tree to grow. All u can control is today
  12. i fucked up my 20's. wait til 32. everyone's emotions are a mess in the 20's, at least from what I've seen. I'm starting over and I'm ok with that. I am literally starting at dominos tomorrow at entry level but am angling for that regional manager job in a few years (it increases the odds of free travel) It's all good man. You won the lottery of life by existing. Now just do what u need to do and enjoy the bounty of existence. you got this πŸ™‚
  13. The only "red pill person" I respect is rich cooper. Maybe it's cuz he's gone through shit........ I dunno. he just tells me to go out and do stuff to be a better man. so I thing that's a solid. I don't understand the company he keeps though...
  14. There is a new industry I see a lot now - making everything spik and span at work environments like offices libraries and restaurants. I go to a library and they even advertise which company does nightly sterilization for them. The shift after covid was so dramatic (everyone is sterilization paranoid) that there is probably a shot for new guys. That's just speculation tho πŸ˜•
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