18/05/2021
Timeless lessons on wealth, greed, and happiness. ⏳💰
No One’s Crazy
People do some crazy things with money. But no one is crazy. Here’s the thing: People from different generations, raised by different parents who earned different incomes and held different values, in different parts of the world, born into different economies, experiencing different job markets with different incentives and different degrees of luck, learn very different lessons.
Everyone looks at money through the lens of their past experiences. It’s important to remember, that until you’ve lived through a financial crisis and felt its consequences, you will never understand why people behave the way they do.
“Every decision people make with money is justified by taking the information they have at the moment and plugging it into their unique mental model of how the world works.”
Few people make financial decisions purely with a spreadsheet. They make them at the dinner table, or in a company meeting. Places where personal history, your own unique view of the world, ego, pride, marketing, and odd incentives are scrambled together into a narrative that works for you.
Dogs were domesticated 10,000 years ago and still retain some behaviors of their wild ancestors. Yet here we are, with between 20 and 50 years of experience in the modern financial system (10 years in Crypto), hoping to be perfectly acclimated.
For a topic that is so influenced by emotion versus fact, this is a problem. And it helps explain why we don’t always do what we’re supposed to with money.
We all do crazy stuff with money, because we’re all relatively new to this game and what looks crazy to you might make sense to me. But no one is crazy-we all make decisions based on our own unique experiences that seem to make sense to us in a given moment.
So, my friends, this is the time, this is YOUR time, think before you many any decisions, don’t let anybody make the decisions for you. Read before you invest, this is the time you LEARN GROW & EVOLVE and eventually overcome YOUR GREED.
Don’t make decisions based on your stupid emotions…. that you get by hearing your friends.
Don't just make a decision, you must get your information right, get your source RIGHT. And i am here for you ALL. I am here to provide you the RIGHT thing, the NEXT BIG THING.
Will i always be RIGHT? No my brothers, I won't. But i will be the closest thing to PERFECT.
Yours,
X
