yego.me
💡 Stop wasting time. Read Youtube instead of watch. Download Chrome Extension

My Tips for Dealing with Uncertainty Like What the U.S. is Facing Today


2m read
·Nov 8, 2024

But what can the individual do? And just to summarize, what can the collective do to stop or slow the decline that clearly, you know, you can measure has occurred?

First, be financially strong. Have a good income and balance sheet. Think about how many months or years you could live if you didn't have an income. The more financial security you have, the more maneuverability you have both to protect yourself on the downside and to take advantage of opportunities.

Know how to achieve a balanced portfolio; this is very important, I think, financially. And then, be with people—your community is the source of happiness. Psychologists have studied that, above a basic level, income is not a source of happiness. Community is the highest ranked source of happiness.

So, how you work well with others is crucial. I think meaningful work and meaningful relationships are vital to being productive and to also have the joy of those relationships. I think it is of paramount importance.

Then, also realize what the risks are. That's why I wrote them in the book. You know, the risks of—well, there are many kinds of risks. Do you understand those risks? And where are you? Where do you live? What are those risks?

It’s important to recognize that the world is domestically and internationally breaking into different ideologies and different economic systems, really. That happens state by state, as well as around the world.

Understand which are the places that are the best for you in those circumstances, and be aware of those risks.

More Articles

View All
Make Others Respect You | The Philosophy of Niccolo Machiavelli
According to Machiavelli, if you wanna lead effectively and live in glory, you need to follow three principles: Number one: the people must respect you. This means they fear you but don’t hate you. Number two: fear means fear of punishment. You must be …
Warren Buffett: How to Stop Losing Money When Investing
The first role in investment is don’t lose, and the second rule of investment is don’t forget the first rule. And that’s all the rules there are. I mean that if you buy things for far below what they’re worth, and you buy a group of them, you basically do…
The Simplest Math Problem No One Can Solve - Collatz Conjecture
This is the most dangerous problem in mathematics, one that young mathematicians are warned not to waste their time on. It’s a simple conjecture that not even the world’s best mathematicians have been able to solve. Paul Erdos, a famous mathematician, sai…
Planet or Plastic? | Explorer's Fest
[Applause] Some of you may have seen or heard about that classic film called The Graduate, starring Dustin Hoffman. As a young graduate was advised by the crusty businessman, “The future, my boy, is plastics.” Think 1960s, when plastics in our society wer…
Constant of proportionality from tables | 7th grade | Khan Academy
We are asked which table has a constant of proportionality between y and x of 0.6. Pause this video and see if you can figure that out. All right, so just as a reminder, the constant of proportionality between y and x, one way to think about it is that y…
How To Improve Your Charisma
Do you ever wonder how some people seem to fit in everywhere and get along with literally everyone? Everybody wants to enjoy their company, talk to them, and wherever they go, there’s no such thing as a closed door or somebody standing in their way. Are t…