turning 30 today (yes, I went bald at 25)a few personal learnings about my 20s that might help others who are not uncs yet:1) understand that age is a bad proxy for knowledgeespecially in Eastern cultures, you are treated as being more knowledgeable and more respectable the older you arewhile you should be respectful towards others, understand that the vast majority of "adults" have no idea what they're talking aboutthey are just as dumb as you, but have the added arrogance of agethe arrogance is portrayed ...

Korean retail investors have ratcheted up risk taking even beyond their normally audacious standards. The bold bets could be a threat to the whole financial system and the broader economy. https://t.co/ypdaitRNtm ...

مساء الخير ازيكم ايه الاخبار طيب يعني انا مبسوط بالتوك اللي فاتت قوي يعني فيريانكو فور يعني توك لسنت بيفور مي اوكي انا مبدئيا مهندس ملي مهندس اوكي عندي كذا حاجه او عندي كذا زنس شغال فيهم بس خلينا نتكلم انا مش جاي اتكلم معاكم دلوقتي في في الستوري بتاعتي او ان انا بدات ازاي او ستارتنج منين بس ا يعني شايف شباب كتير موجودين وشايف ناس كتير موجوده كلنا يعني كلكم فوق دماغي بس يعني انا عايز اتكلم في حته معينه اللي هي مين كان دو ات ومين ما يقدرش كان دو ات يعني احنا في حاجات بنقابلها كتير في حياتنا او تشالنجز كتير بن ...

Risk Assessment - Taking more risk is associated with a potentially shorter lifespan [1] - The document suggests a method to estimate remaining lifespan based on age, using the calculation 80 divided by current age to determine remaining time periods [1] Actionable Advice - The document encourages decisive action, urging the reader to "just do the thing" [1]

The masculine urge to go 10x long again just 2 days after being liquidated ...

Core Insights - The article emphasizes the importance of catalysts, such as entrepreneurs and innovative thinkers, in driving economic growth and prosperity [1][9][19] Group 1: Role of Catalysts - Catalysts are individuals who take risks and challenge conventions, leading to significant advancements in various sectors [9][19] - Historical examples, such as Neil McElroy's contributions to Procter & Gamble and the establishment of DARPA, illustrate how taking risks can lead to transformative outcomes [4][6][40] - The article argues that a robust supply of risk-takers is essential for fostering innovation and economic development [24][41] Group 2: Economic Impact - Since the mid-1980s, countries that embraced market-driven growth have seen substantial increases in GDP per capita, from $5,578 in 1990 to $22,850 in 2023 [17] - The percentage of people living in extreme poverty has significantly decreased from 39.0% in 1989 to 8.1% in 2020, highlighting the positive effects of entrepreneurship on societal welfare [17] - Small businesses, which account for 43.5% of GDP, play a crucial role in the economy, demonstrating the collective impact of numerous small-scale entrepreneurs [37] Group 3: Encouraging Innovation - The article advocates for creating an environment that rewards risk-taking and innovation, suggesting that both successful and unsuccessful attempts should be recognized [33][34] - It stresses the need for diverse catalysts across various sectors, including government and non-profit organizations, to drive growth and solve collective action problems [39][41] - The balance between encouraging good ideas and managing the risks associated with poor ideas is crucial for sustainable economic development [41]

Strategy & Risk - Taking risks is mathematically necessary for achieving success, as doing the same as everyone else guarantees no one wins [1] - Differentiation is essential for winning, as following the crowd leads to a situation where nobody can truly win [1]

to make progress, you have to take riskspeople will hate and mock, but without those taking risks, things stagnateif solana hadn't gone down in '21, it wouldn't have done 100k TPS this week — the scalability required to push crypto fwdhttps://t.co/s49ATmwa60 ...

Most people are only comfortable playing it safe.Doing the thing with nearly 100% odds of success.But those people usually struggle to do anything noteworthy.Nearly everything big, bold, impactful or disruptive requires immense risk taking.So go bigger. Take more risks. ...

Economic Outlook - Economies are not perpetually stable, expansions eventually end [1] - Prolonged expansions lead to increased risk-taking by politicians, investors, and companies, accelerating the downturn [1] - The global economy's resilience is diminishing [1]