5
points
mayukh
Joined 755 karma
- mayukh parentThis would be so valuable as a service.
- Not exhaustive by any means but here some ideas:
Focus on physical and mental well being, life is long and one never knows the turns, the ups and downs that will come about -- learn to be resilient and don't lose your sense of humor> To make friends, be one -- figure out what this means > Be vulnerable -- the quickest way to connection I have found is to be ok with sharing your vulnerability first > Be ok with rejection -- the danger of being vulnerable is getting rejected, be ok with that. Plenty of fish in the sea > Love yourself -- learn to give yourself grace > Practice gratitude > Serve/Volunteer/Teach -- you have unique valuable skills, figure out what they are and help others > Join clubs that excite you -- if none exist create one. (derek sivers: how to start a movement, consider being the second person) > Find your tribe online -- if none exist create one (see above) - I use AI a ton for writing emails and other corporate stuff, I have no problems there, it structures and presents them well enough and quickly that it saves me a ton of time.
Where I am conflicted is creative writing -- its something I have been interested in but never pursued...and now I am able to pursue it with AI's help. There is a degree of embarrassment when confiding to folks, that yes a piece was AI assisted... see here by what I mean: https://humancurious.substack.com/p/the-architect-and-the-cr...
- 2 points
- This seems a short-sighted and judgmental view on someone I assume you do not know well personally. What if he loved what he did ? What if he did manage to spend quality time with his loved ones (We all wish we had more)? What if he hated vacations and itched to get back to the action at work? To each his own.
- Awww. Do you mean publicly distance themselves? Of course they have ! (https://www.youtube.com/watch?v=SjbPi00k_ME)
Privately ($ with a B in the front of it), let's be real, would you ?
- Can you point us to some links (older than a few weeks) where SG says this. Everyone is a pundit when they know the outcome. Also what valuable private data did they gain from these cities exactly? Their proposed investment/infrastructure plans?? Amazon probably has better/more useful data than any local govt organization.
- >> " knocking the legs out from under the strongest bull cycle we’ve ever seen ..."
What was the last bull cycle that delivered life changing jobs to those who were low/mis-matched skilled and how sustainable was that? The tail end of most expansionary cycles I've seen are just speculative blow-offs.
Also where's the inflation ? Equity Markets are up over 130% since 2010, while earnings are up ~ 50%. These are some of the most expensive markets we have seen (barring the dot-com boom which was more large cap centric)
QE and the various central bank interventions I'd argue have elevated equity market prices (asset inflation) while increasing income disparity and delivering disproportionate gains to those invested in stock markets -- (not saying there were better alternatives in the years following the 2008 crash, but here we are).
- Yes looking at the raw data would be interesting. My hunch is that that there are many more 20 year olds starting companies (and going for moon shots). The opportunity costs are much lower when you are younger. The success rates might be higher in the older group but the younger group just by virtue of a larger sample (and going for moon-shots) might be why you see these outliers of multi-billion dollar public companies founded by 20 somethings
- You are lucky and sound really content. That's awesome! For a lot of folks though (anecdotally speaking) that is not the case, they have different priorities and goals, not just for themselves, but also for their near and dear ones. Sometimes it gets overwhelming when you think about all the different roles we play in life and all the various commitments (direct and indirect) we've made professionally, personally (to self and family/friends). To me being productive, is being able to say confidently that 'This is the best use of my time and energy right now at this very moment'. It could be working out, playing with my kids, working on a project.. whatever. Sort of non-intuitively (for me atleast), staying organized (with lists , reminders, etc whatever is cheapest/easiest way to do so), just helps me actually shut off my mind and enjoy the moment. Whatever that might be (including writing this comment :) )
- And even if you did find something, how would you know if they were just lucky or truly prescient ?
Folks are constantly predicting gloom and doom. Some have even made successful careers out of it, their low probability of predicting such catastrophes not withstanding.
Relatedly there were several economists predicting bad things. https://www.imf.org/en/News/Articles/2015/09/28/04/53/sp0827...
Its easier to say bad things will happen and be right eventually, the much much much harder part is to get the timing right.
- Absolute return funds aim to generate returns that are uncorrelated with the broader market. You look like a fool when markets are ripping (buy any passive etf) and a hero when you generate outsized returns.
One way to generate uncorrelated returns is by being long (making money when stocks go up) and short (making money when stocks go down) -- you are effectively trying to make money on the spread between your buys and sells.
In bullish markets, being short can hurt -- a lot. Hence you end up with negative returns (Your shorts did a lot worse, than your longs did good).
Hussman's funds satisfy a need in the marketplace for uncorrelated funds -- he did really well in the dot com bust and the years after that, but has really lagged behind not just the market but other peer market neutral funds which should be the true yardstick to measure his success.