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
How Millionaires Think About Business | ft. Randall Kaplan
Kevin: “How good is this flavor?” I said, “It’s fantastic! I worked with the cats; I know they love it.” He said, “No, you’re gonna eat some right now. Prove it!” He made me eat the whole tin in front of the entire sales group. I want to talk about you…
LESSONS FROM STOICISM TO STAY CALM | THE ART OF SERENITY REVEALED | STOICISM INSIGHTS
The art of temperance is the great mastery of choosing to resist rather than to respond. It is the ability to make deliberate decisions as opposed to impulsive ones. In the stoic state, along with wisdom, temperance is one of the four essential virtues. …
2008 Berkshire Hathaway Annual Meeting (Full Version)
[Music] Folks, this just in! It appears that Warren Buffett has struck a deal to trade jobs with daytime soap opera diva Susan Lucci. Buffett has reportedly negotiated a permanent spot on the cast of All My Children. Apparently, Ms. Lucci is en route to O…
DON’T HOLD CASH: Use THIS Instead
What’s up you guys, it’s Graham here. So, this is one of the few videos out there that literally applies to everybody watching. That’s right, even you! The reason why is because if you have any amount of cash whatsoever, most likely you’re losing money w…
This Journal Keeps Me Productive (& Maybe You Too)
This is the theme system journal. It’s something I helped design for me and maybe for you to help improve my life in a practical way. It’s a very flexible tool; there are intentionally almost no labels of what has to go where, so it can be adaptable. But …
How to Sell by Tyler Bosmeny
All right, good morning everyone! We are halfway through Startup School. Can you believe it already? Wow! Yeah, or more correctly we will be after this week. This is going to be a great week of talks, lectures, conversations. Today we have Tyler from Clev…