You may feel that they go unapposed and therefore you should be a countering force, but really your efforts are moot. People have their beliefs that won’t be changed online, at least not from some internet stranger. You can make the best arguments in the world and the opposition will simply ignore your point, move the goalposts, and implement the next logical fallacy to keep proving you “wrong” or “an idiot”.
Draupnir
joined 2 years ago
This is a really cool tool, thanks for putting it together! Should serve as a nice reality check to make sure I’m not just pursuing confirmation bias if something seems too good to be true. And vice verse for negative hit pieces.
Some could be low investment (~2%) if it is an S&P 500 index fund, but others that rely more on tech/growth stocks could be 5-10% or more. Retirees in drawdown phase (withdrawing 4% annually, or $9,000-$10,000) are extra vulnerable to sequence-of-returns risk—early losses lock in lower balances. A boycott-driven Tesla slump in 2025 could force sales of depressed assets, amplifying losses.
John Paul DeJoria: Born to immigrant parents in Los Angeles, DeJoria faced early adversity when his parents divorced, leading him to live in a foster home at age two. By nine, he was selling newspapers and Christmas cards to help support his family. After periods of homelessness and working odd jobs like janitor and door-to-door shampoo salesman, he co-founded John Paul Mitchell Systems in 1980 with just $700. Later, he launched Patrón Tequila, revolutionizing the premium tequila market. His net worth stands at around $4 billion, per Forbes, a testament to his self-made journey.
There’s many facets, but some core tenets are to be highly focused, highly committed, and increasingly efficient in efforts to make a goal (in the right direction) happen.
The idea I’m thinking of explicitly here though is scaling this definition to hold increasing amounts of leverage over time. To put it simply, your continued highly focused, efficient, and effective work leads to a system where more work gets accomplished overall, and the time that you put in accomplishes much, much more.
This assumes billionaires fell into money. Not true. The person with two jobs puts in more hours ongoing, but they either aren’t or don’t know how to actually work
How about Cybercab and its robotaxi service? They are starting in Austin this June. That seems very immediate on the horizon