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
Canada Gets Rid of the Penny (Huzzah!)
Hello Internet, I want to talk about Canada, who this week made my reason-to-like her list one item longer by deciding to abolish the penny. Since I previously made a video called ‘Death to Pennies,’ it should come as no surprise that this move gets a bi…
Miami Is Sinking | Explorer
How do we know climate change has happened? Well, the first thing is with the glaciers. Glaciers are receding; the world’s getting warmer. People have written computer models of the atmosphere. You imagine boxes of air, boxes of water, and you make them …
Life in Flight | Chasing Genius | National Geographic
I’ve been building stuff since I could walk. If I could get my hands on it, I’d take it apart, and if I had an idea, I’d try to build it. When someone says something’s impossible, I can figure out the way to make it possible. This all started with a visi…
How price controls reallocate surplus | APⓇ Microeconomics | Khan Academy
What we’re going to talk about in this video is the effect of price controls on changing how the surplus, the total surplus, is reallocated between consumers and producers. We already touched on this in other videos, the video on rent control, the video o…
Open primaries, closed primaries, and blanket primaries | US government and civics | Khan Academy
Let’s talk about primary elections, which are often known as primaries. One way to think about them is that they’re just preliminary elections used to get down to a fewer number of candidates. A very simple example would be, let’s say there is a congressi…
Warren Buffett & Bill Gates - University of Washington
You ought to be happy where you are working, and I always worry about people who say, “You know, I’m going to do this for 10 years. I really don’t like it very well, and then I’ll do 10 more years of this.” I mean, that’s a little like saving up sex for y…