Rules for success

  1. Lifelong learning. Keep your mind active and always be gaining wisdom, I don’t know of any clever and successful person who doesn’t read a lot.
  2. Get what you want by deserving what you want. Want a quality partner and happy marriage for instance, then become someone who deserves such.
  3. Understand your own competence. Put effort in where you are able and improve where you are lacking, this also helps with humility.
  4. Consider yourself a survivor. Never waste time thinking as a helpless victim, there is always something you can do to better yourself.
  5. Learn the big ideas in important disciplines. If your only mental tool is a hammer all problems will start to look like nails, they aren’t.
  6. Understand what you do. If you don’t understand it then stop doing it.
  7. Invest in a circle of trust. Trust others and their trust in you appreciates.
  8. Learn from history. Study others mistakes to avoid making them your self.
  9. You will suffer blows in life. Self pity is not useful here and will only hold you back.

Government also taxes taking your children on holiday

Governments everywhere are running out of money and politicians want to remain in power.

Put these two things together and instead of doing the decent thing and reduce govt spending the politicians are coming up with ever more sneaky ways to tax ordinary people.

So when ordinary people want to go away on a family holiday, a lot decide to go away during term time as booking a holiday is cheaper simply due to supply and demand.

So what do the sneaky UK govt do? they legislate that local education authorities can charge a £60 fixed penalty notice on each child. Last year over 70,000 of these fines were levied giving the govt an extra £4.2 million.

Of course the govt claim that taking children out of school harms their education, if this was true why do teacher training days also happen during term time as that also must harm childrens education?

The peasants revolt, the black death and money

I’ve just read a good book on the Peasants Revolt by Juliet Barker. The Black Death of the 14th century immensely reduced the work force. But England saw a huge economic upswing and labourers saw their wages shoot up, and landlords tried to poach labour from each other by offering freedom to serfs in return for paying cash rents. Unsurprisingly free labour was much more productive than serf labour. Nor was it bad news for landlords, as there were fewer of them with bigger estates than before, and many of them switched to sheep-farming, which proved very lucrative. By 1400, England’s GDP was probably the same as in 1350, but with half the population.

The Revolt was a good example of De Tocqueville’s view that revolutions occur when things are getting better. Most rebels weren’t poor, but rather well off peasants, burgesses, blacksmiths, innkeepers etc. even some minor gentry, and MP’s, who were increasingly literate, could afford to go to law against grasping abbots and landlords, and who were protesting over unjust taxation and corrupt government (eg you had magistrates charged with enforcing maximum wage laws cheerfully breaking them with their labour forces, landlords imposing feudal fines much more rigorously on prospering peasants).

It’s also worth noting inflation can happen in weird ways.  This meant both that farm labour was more valuable, increasing wages, and food scarcer, increasing food prices. However, the cost of things like swords declined. Because so many people had died, there were a lot of weapons and suchlike that belonged to the recently departed. Inflation, therefore, was affected in opposite directions for different things but caused by the same plague.

Historically, silver and gold were used to determine value, that value varying in practical (though not nominal) terms according to the percentage of precious metal used. Nowadays, coins have very little inherent value (with rare exceptions, such as gold sovereigns).

Which does raise an interesting point. The actual coins you have are worth almost nothing. But because society all agrees to pretend they have value, they do.

Charlie Munger and his mental models

Charlie Munger is the business partner of multi billionaire Warren Buffet, was a brilliant lawyer who founded the premier law firm of Munger, Tolles and Olsen, he then went into real estate development and then started an investment firm where he generated annual returns of 20%.

Whilst Buffet speaks in dumbed down ways that anybody can understand, i.e. buy stuff when its cheap, Munger has come up with the idea of mental models which further enhance the learning of those who already think about philosophy.

"I think it is undeniably true that the human brain must work in models. The trick is to have your brain work better than the other person’s brain because it understands the most fundamental models: ones that will do most work per unit.

If you get into the mental habit of relating what you’re reading to the basic structure of the underlying ideas being demonstrated, you gradually accumulate some wisdom.

You’ve got to have models in your head. And you’ve got to array your experience ‑ both vicarious and direct ‑ on this latticework of models. You may have noticed students who just try to remember and pound back what is remembered. Well, they fail in school and in life. You’ve got to hang experience on a latticework of models in your head."

One of my mental models is that ordinary people are scared of success, they don’t want to stand out to make a spectacle of themselves (as they would see it).

Because I understand this, I can use it to make my own life better. I can understand the feelings and use this to aid in positive actions and therefore be more successful.

You have control of your own mind and you alone can determine how you think and feel about things.

I suggest you do the same as me.

Emily Abbott, the muscly freak who can’t get a date.

Emily Abbott is very dedicated and into crossfit and has clearly spent a lot of time at the gym and money on steroids building up her body.

That is her choice and I am happy about that she has the opportunity to follow her choice.

What I find extremely funny is that Emily Abbott also wants other people to be as enthusiastic about her choice as she is.

She is moaning that she can’t get a date because men no longer find her attractive.

She can’t handle the rejection that men don’t find her attractive because of her masculine body.

This is what she looks like.

She thinks that she is entitled to date a quality man but quite frankly, quality men have the pick of sweet feminine women and have no need to date down with a muscly steroid freak.

She’s probably on the edge of a mental disorder over her appearance and this is also likely to make her unpleasant to be around.

Life is full of choices like this, should I keep up with the Jones’ or save for a happy retirement?

Should I pursue a career that pays well or expect poverty and do something I am interested in?

Should I build my body and grow old alone with my cats or attract a quality partner by being feminine and having a nice personality?

Choices, choices everywhere.

Quality men will also be turned off by the tattoos as well.

The best way to get a quality date is to be worthy of a quality date.

In fact the best way to get anything is to be worthy of it.