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
Over- and under-estimation of Riemann sums | AP Calculus AB | Khan Academy
Consider the left and right Riemann sums that would approximate the area under y is equal to g of x between x equals 2 and x equals 8. So we want to approximate this light blue area right over here. Are the approximations overestimations or underestimatio…
Nate Blecharczyk at Startup School 2013
[Applause] Wow, there are a lot of you! That’s awesome to see. You know, I got some emails over the last 24 hours from people saying how excited they were to come to this talk. I want you to know I’m humbled by that, and, uh, also a little intimidated. I …
Khanmigo has new features and is now FREE for teachers!
Hi, I’m Michelle, a professional learning specialist here at KH Academy and a former classroom teacher just like you. Meet Kigo, your AI-powered teaching ally who’s transforming education into an immersive journey. We’re excited to tell you that Kigo is …
Warren Buffett: How to Know if a Stock is Undervalued
How do you calculate the intrinsic value of a stock? This may be the single most important question in all of investing. Everyone knows that the secret to good investing is finding undervalued stocks, but how exactly do you determine if a stock is underva…
Article IV of the Constitution | National Constitution Center | Khan Academy
Hey, this is Kim from Khan Academy and today I’m learning about Article 4 of the US Constitution. Article 4 lays out the nuts and bolts of how federalism—the system of shared governance between states and the federal government—works in practice. Article …
A Case of Mistaken Identity | Shark vs Surfer
Marjorie was likely bitten by a tiger shark, one of the main culprits of shark attacks on surfers in Hawaii. Tiger sharks tend to be solitary hunters. They’re feeding on large prey items, and they have the jaws and the hardware that enable them to take th…