Ray Dalio and Elliot Choy on Why Money Shouldn't be an End Goal

less than 1m read

·Nov 8, 2024

Or do you ever see people around you that make the mistake of thinking that money is the actual goal? Then they maybe got into it aiming to achieve freedom or these other things, security. But then they are just so caught up in moving that goal post that they forget kind of the end goal all the time.

It sometimes becomes an obsession. It's an obsession, and they can do it for things like status or whatever. Status is really an insecurity; in other words, it's trying to get the approval from others and so on. Rather than, "Ah, I love it," whatever the thing is, "I love it."

Like for me, I love nature. Right? It doesn't cost me anything really, and when I go fit into it, I think it's the greatest luxury and so on. So you must not lose sight of what it is. People get hung up on these things; they lose sight because of other associations and even the societal values of things.

You look around, and everybody's valuing this thing, and then they get hung up because they think it must be of value. You must know your nature, and you must feel it and know what you think and what you feel.

Does Commitment Mean Better Sex? | Original Sin: Sex

Intro to forces (part 1) | Physics | Khan Academy

View All

Excavating a Burial Painting | Lost Treasures of Egypt

It’s a breathtaking moment for me in the sands of the necropolis. Bassem has made an incredible discovery. So what we are looking here is one fragment of a mummy portrait that is painted with the wax, the encaustic technique. Greek artists from Alexandri…

15 Ways To Look Strong

Gone are the medieval days when the strong were those who hunted bears, rode into battles as knights, had the protection of vassals, or acted as proper ladies. In modern times, strength has taken a different meaning. The strong, in most cases, are those t…

9 Japanese Philosophies to Become Self-Disciplined and Stop Procrastinating

Have you ever struggled with procrastination or finding the motivation to get things done, feeling like you’re not living up to your own expectations? I won’t lie. I struggle with procrastination a lot, and it’s a challenge, especially when I have importa…

Bill Belichick & Ray Dalio on Picking People: Part 2

In our conversations, one of the things that I liked about what you did, and um, which is what I do, is you get very clear on the specs. You know that people are different, and you make very clear distinctions of what somebody is like, you know. We try to…

An Icy Challenge, Accepted | StarTalk

So check this out. You guys are both athletes. So I read this great article, and it was talking about how athletes are able to deal with pain unlike regular people. Non-athletes cannot deal with pain the way athletes. So it’s real. Because I was suspectin…

Gradient

So here I’m going to talk about the gradient, and in this video I’m only going to describe how you compute the gradient. In the next couple ones, I’m going to give the geometric interpretation. I hate doing this; I hate showing the computation before the …

Ray Dalio and Elliot Choy on Why Money Shouldn't be an End Goal

More Articles