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
WHAT IS THIS?? .......... IMG! #39
Mr. T with no hair and a baby giving the peace sign in the womb. It’s episode of 39 IMG! When Tweety Bird gets old, you’re gonna have this. And it’s amazing how little information we need to see familiar objects. It’s also amazing than an iPhone can fall …
RECESSION ALERT: The FED Just Crashed The Stock Market
Welp, I thought this is going to be a normal day. As I woke up, opened my computer, took a sip of coffee, expected to get more recommendations on Johnny Depp’s trial, and was immediately hit by the headline: GDP fell by 1.4 percent, leading to the concern…
Return on capital and economic growth
One of the core ideas of “Capital in the 21st Century” is comparing the after-tax return on capital, let me write that a little bit neater: return on capital, to economic growth. The contention is that if the return on capital ® is greater than economic g…
Gmail creator Paul Buchheit on the very first version of Google’s “Did you mean?” feature
One of the earliest kind of magical features that we added was the “did you mean?” Uh, you know, the spell correction. And so that actually comes from originally just my inability to spell. I’ve never been very good at spelling; my brain doesn’t like arbi…
Military Father | No Man Left Behind
My task was to take out one of the most high-value strategic command and control targets in Belgrade, the capital city of the former Republic of Yugoslavia. I felt absolutely totally confident that I was as well trained and well prepared as possible for a…
The Unintended Consequences of Playing God
Imagine you’re going blind. The world slowly becomes a blur. You can no longer see your family or your friends. You can’t see the beauty of a mountain landscape or the ripples in the ocean. Then a YouTuber comes around, offering to give you the gift of si…