
Saved by Sam Levan and
Optionality: How to Survive and Thrive in a Volatile World
Saved by Sam Levan and
KAIROS. (noun) from the ancient Greek καιρός: the right, critical, or opportune moment to make a decision or take action.
The meaning of life is something like: To trade the constraints imposed upon you by others, for constraints you impose upon yourself. If you fail to design your own choice architecture, one will be assigned to you.
When in doubt, net worth and expense ratios are the best financial metrics to focus on. They build optionality in a complementary way: a higher net worth positions you to take advantage of opportunities, while a lower expense ratio keeps you streamlined and resilient to unexpected events.
Some obvious talent stack contenders include writing, time management, public speaking, sales and marketing, accounting, statistics, programming, and design, all of which can fuse with just about any core trade to give you an unassailable edge. Again, you don’t have to be world-class at any of these things—you just have to be better than the other
... See moreA scenius is a beautiful bubble that only forms under special conditions: friendly competition and appreciation, rapid exchange of new ideas, mutual sharing of success, and most importantly, a buffer against the outside world that creates space for transgression and general weirdness.
status is necessarily nebulous, it's much less of an abstraction than money. This is the basic currency of social animals: it can be traded, saved, invested, loaned out, or crystallised. Unlike health or knowledge capital, status is liquid—it can be readily exchanged for sex, information, money, or other favours.
The Hindu Vedas distinguish between one's true self (Ātman) and the transcendent self (Brahman). A person can only be liberated when they realise that their true self is indistinguishable from the single binding unity of reality, and that there is no difference between 'I' and 'you' and 'her'—in other words, that Ātman and Brahman are one and the s
... See moreI've reluctantly come around to the position of the economist Bryan Caplan, who recommends an amicable divorce. Caplan fulfilled his lifelong dream of living in a beautiful bubble around his 40th birthday. He is now surrounded by people he respects and admires. He never hears a commercial. He forgets about the existence of professional sports for m
... See moreAnyone who takes on more risk than they’re comfortable with is much more likely to make bad decisions. Investors often panic and sell out when the market enters a downturn, ensuring that they not only take a haircut, but miss out on all the sweet, sweet gains during the recovery.