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
It’s Rare to Have Competing, Viable, Scientific Theories
Edition that’s similar to Bayesianism, isn’t it? In both cases, they’re assuming that you can enumerate all the possible theories, but you can’t, because that’s the creativity coming in. It’s very rare in science to have more than one viable theory in phy…
10 Good Problems You Want To Have
Everybody’s got problems, but you know not all problems are the same. There are some problems you actually want to have because they’re the indicator of a good life. When you take things for granted, you forget the good things that life has offered you. …
How I plan my day/week/month (realistic and flexible)
Have you experienced this before? You have so many things in your calendar, and also you want to do something, but you don’t know where to start. Because you don’t know where to start, you tend to procrastinate until the end of the day. At the end of the …
10 Productivity Habits for 2021📚👩🏻‍💻 | Med School Diaries 👩🏻‍⚕️
Hi! It’s me, Dre. Today we’re going to talk about 10 habits to incorporate in 2021. So, let’s get started. I’m looking at my iPad, so if I’m looking downwards, I’m just looking for my notes that I made for this video. Okay, so the first one is “me time.”…
Charlie Munger: 24 Standard Causes of Human Misjudgment
Well, I am very interested in the subject of human misjudgment, and Lord knows I’ve created my well, a good bit of it. I don’t think I’ve created my full statistical share, and I think that one of the reasons was that I tried to do something about this te…
15 Things Everyone Wants But Money Can’t Buy
You know, there are things money can’t buy. You know it, but you forget it. You forget that fundamentally, you’re on the same level as the richest people in the world. You have to appreciate these things now, so that when your wealth grows, your motivatio…