Sounds like you got this dead on rightVegas » 28 Jul 2023, 2:02 pm » wrote: ↑ The left's version of woke: People are racist. Cops are racist. White privilege is real. Minorities are not on the same playing field as whites due to systematic racism over the past decades...even over a century.
The real wokeness: The elite and powerful have deliberately dumbed down Americans, to keep them obedient. The education system is designed to teach people how to take orders, how to be good employees, and to never, under any circumstance, question authority. They have rigged Wall Street, the housing market, the economic system to work against the average American, and in favor of the elite, the powerful, and of course, the politicians.
Once Americans have 'real wokeness', then maybe things will change...but I doubt it. Americans are too **** spoiled. AS long as they have their phones to stare at, they don't want to be bothered.
I'm going to say this. It's a game. Learn the game early. Those who have the drive and 5 things I name below, can win. Believe me, it might be rigged, but not in the way you, or the Elites (yes, there are elites) think it is. Elites be damned, the game is all about these 5 things:Vegas » 28 Jul 2023, 2:02 pm » wrote: ↑
The real wokeness: The elite and powerful have deliberately dumbed down Americans, to keep them obedient. The education system is designed to teach people how to take orders, how to be good employees, and to never, under any circumstance, question authority. They have rigged Wall Street, the housing market, the economic system to work against the average American, and in favor of the elite, the powerful, and of course, the politicians.
Some people do not measure success by quantity of material goods.Skans » 28 Jul 2023, 8:52 pm » wrote: ↑ I'm going to say this. It's a game. Learn the game early. Those who have the drive and 5 things I name below, can win. Believe me, it might be rigged, but not in the way you, or the Elites (yes, there are elites) think it is. Elites be damned, the game is all about these 5 things:Warren Buffett is a common man who created extraordinary wealth, not just for himself, but for many others. The guy is glad to tell people exactly what they need to do to play the game and win. I was told to listen to Warren Buffett when I was in my 20's. I was skeptical, but little by little, I did listen to him. Even today, in his '90's he tells young people how to make money through investing. He lays it all right out there for them. Risk tempered with Common Sense, Knowledge and Grit.
- Get in the game early - Time is Money
- Gotta learn the fundementals of Accounting and Finance. Yep, Book-learning. Need to learn to read a prospectus and company stats. If you can play fantasy football or memorize baseball player stats, then this is easily doable.
- Develop Good Common Sense - you have to hone your common sense skills. Do this through acquiring skills through work, or dedication to school. Heard mentality is bad for the long game. Common sense will always tell you what companies, real estate or other assets to invest in. But, Common Sense only comes with genuine experience.
- Grit. You have to have grit. Because, not if but when you lose 40% of everything you have "on paper", you need to be ready to use your cash reserves (or create cash reserves) to buy more. People who don't have grit sell out right when everything is going on sale - that's how you get screwed. Not everyone has Grit - if you don't have it, then stay out of the game - you will just make other people richer.
- Mistakes - you need to be prepared to make them and then learn from them. If you aren't making mistakes, then you are not taking on enough risk. And, the higher the risk equals greater the returns in the long run.
Notice actual wokeness is avoided. Intellectual mind only exists when a newborn is trained to believe they can never understand genetics eternally separating them in plain sight alone.Vegas » 28 Jul 2023, 2:02 pm » wrote: ↑ The left's version of woke: People are racist. Cops are racist. White privilege is real. Minorities are not on the same playing field as whites due to systematic racism over the past decades...even over a century.
The real wokeness: The elite and powerful have deliberately dumbed down Americans, to keep them obedient. The education system is designed to teach people how to take orders, how to be good employees, and to never, under any circumstance, question authority. They have rigged Wall Street, the housing market, the economic system to work against the average American, and in favor of the elite, the powerful, and of course, the politicians.
Once Americans have 'real wokeness', then maybe things will change...but I doubt it. Americans are too **** spoiled. AS long as they have their phones to stare at, they don't want to be bothered.
Some people like to study baseball; I like finance, commodities, real estate and businesses. I read books about it. I used to seek out wonky businessmen and economists just to hear what they have to say. I've watched tons of youtube and other videos about it. I like to read up on companies. I do this because I really like it, not because I just want to make lots of money.DeezerShoove » 29 Jul 2023, 8:24 am » wrote: ↑ Some people do not measure success by quantity of material goods.
Not all people are going to prioritize staring at "investments" and corporate economics.
Saying "on paper"^^^ in itself indicates what a laborious, dry hobby this becomes.
That's why mutual funds, income averaging, financial advisors, etc. are popular.
Finances bore the piss out of me. I did some meddling in the past. Won some, lost some.
I could see it was the long game that wins. I can't play that as long as I need to to become "rich".
Finding a way to sort of go on autopilot has worked nicely for me.
Not rich but I'll never be broke. That works for me.
Self deception is contagious by mob rule semantics becoming ancestral rule of law governed by methodologies of mind over matter, context decides who's who, symbolism over substance, rank gets privileges the governed won't receive naturally.Skans » 29 Jul 2023, 4:35 pm » wrote: ↑ Some people like to study baseball; I like finance, commodities, real estate and businesses. I read books about it. I used to seek out wonky businessmen and economists just to hear what they have to say. I've watched tons of youtube and other videos about it. I like to read up on companies. I do this because I really like it, not because I just want to make lots of money.
One of my favorite "speculative investment" books is called Reminiscences of a Stock Operator about Jesse Livermore. Livermore was a shrewd, methodical investor in the first third of the 1900's. A real genius, who won big, lost big and could figure out how to win big again. Livermore started with nothing, became wildly wealthy multiple times, and ended with only enough to live on right before he blew his brains out - but Livermore was one of the best. Warren Buffett was never as smart as Livermore. Livermore could run investment models in his head similar to what program traders do with the aid of a computer model. Jesse knew nothing about the companies he was investing in. He relied on his 6th sense knowing when the stock market was being manipulated, how it was being manipulated and who was manipulating it. Livermore knew exactly how to set his "bets" in motion to go in for the kill and make millions. Warren Buffett is the complete opposite of Livermore - he probably has no regard whatsoever for Livermore. I sure would like to ask Buffet what he thinks about Jesse Livermore.
Had I listened to a young investor years ago, I would have bought a share of Berkshire Hathaway A(today's price is $534,000) just to be able to attend the shareholder's meeting and ask Buffett about Jesse Livermore. Warren Buffett would have been 10 years old when Livermore blew his brains out.
"Deep-State mind secret" - good morning Scrambled Brains. What'll it be fer ya? Scopolamine or Shock Treatments today - your choice.Nostradamus'omh » 31 Jul 2023, 7:41 am » wrote: ↑ Self deception is contagious by mob rule semantics becoming ancestral rule of law governed by methodologies of mind over matter, context decides who's who, symbolism over substance, rank gets privileges the governed won't receive naturally.
The governed to believe anything is possible have governors keeping what isn't possible a deep state of mind secret anyone revealing it will be eliminated from any humanity promising better tomorrows than genetics delivered so far.
No good deed goes unpunished and any honesty displayed is Satanic. Devil lived in details defining who's who.
I have had one brain since conceived. That nucleus of my fertilized cell contained the chromosome existence of everyone involved with my arriving to living spaced apart here.Skans » 31 Jul 2023, 7:55 am » wrote: ↑ "Deep-State mind secret" - good morning Scrambled Brains. What'll it be fer ya? Scopolamine or Shock Treatments today - your choice.