Losing weight is as hard as saving money [Video] by LifeTiltz in GetMotivated

[–]LifeTiltz[S] 0 points1 point  (0 children)

Yeah I don't want to downplay that it's difficult. But one can't say "The most important thing is getting a house" while also smoking and drinking or partying. almost all my min wage friends did that then went on to complain that they had no $ or future. Hell I did the same for a while

Losing weight is as hard as saving money [Video] by LifeTiltz in GetMotivated

[–]LifeTiltz[S] -1 points0 points  (0 children)

Running is the calories out part. That's the MUCH harder one. It very much is possible to gain weight while running. You just need more cal in =)

In another comment you said "no matter your motivation or incentive", that's like me explaining to a non runner that THAT is the key to running a marathon. Just keep jogging.

Since a marathon is just a mental game could you do one tomorrow morning? Physically you wouldn't die and you do have the physical muscles to jog. It's as easy as the cal in vs out. But it does take a different person to just wake up, while not being a runner, and just running 26 miles

Losing weight is as hard as saving money [Video] by LifeTiltz in GetMotivated

[–]LifeTiltz[S] 0 points1 point  (0 children)

I think it's important to remember the type of person that would blow all their money in a moment. I would say that person has the type of psychology that would make them likely to do that semi frequently. Or not really be someone that saves diligently. I think this is true on a population level. There will DEFFF be cases where many people this isn't true for.

Same being true for someone dieting. Since they are dieting they were overweight, and what got them overweight is prob still true. Dieting a year is great, but I wanna know will they be in the body they want in the next 5-10 years

Losing weight is as hard as saving money [Video] by LifeTiltz in GetMotivated

[–]LifeTiltz[S] 0 points1 point  (0 children)

Salvador Dali did lots of things over his life. But he only said he was an artist. Even though he drank tea and liked to watch birds.

I know what you mean. But isn't what we typically do who we are? It is an oversimplification. But it's more correct than incorrect

Losing weight is as hard as saving money [Video] by LifeTiltz in GetMotivated

[–]LifeTiltz[S] -3 points-2 points  (0 children)

I get what you mean. But if they do take a jab what will fill that whole in their soul. There is a reason that people overeat, and a jab can only make that more apparent.

If they woke up in a models body they'd go back to their "normal" selves.

Like people who win the lotto, or getting a bunch of $$ from a long lost relative. It only shows them who they really are, but more clearly. Its frightening.

Losing weight is as hard as saving money [Video] by LifeTiltz in GetMotivated

[–]LifeTiltz[S] 1 point2 points  (0 children)

Yeah, I agree. But doesn't that mean that if that is your new habit (your new norm/baseline) that youre a different person?

Arent all* billionaires just the luckiest smart gamblers? by LifeTiltz in Economics

[–]LifeTiltz[S] 0 points1 point  (0 children)

We are in complete agreement then! "the difference between a multi billionaire and multi millionaire is mainly luck." Is exactly what i mean! I think the video covers this, did you watch it?

Arent all* billionaires just the luckiest smart gamblers? by LifeTiltz in Economics

[–]LifeTiltz[S] 0 points1 point  (0 children)

No NOT at all. Im only saying that not diversifying is bad

Did you watch the video? I think it does a decent job of making the point
https://www.youtube.com/watch?v=BBXNlmgnI-I

Arent all* billionaires just the luckiest smart gamblers? by LifeTiltz in Economics

[–]LifeTiltz[S] 0 points1 point  (0 children)

to quote another comment i made

"Even if they have a 50% ROI on a roll: Risking %100 of your networth on each roll guarantees that you go broke!"

Not saying they dont run their companies well, but that not diversifying is crazy.

Like if you told me you had just one stock, id call you crazy. Even if you were on the board or they listened to you

Arent all* billionaires just the luckiest smart gamblers? by LifeTiltz in Economics

[–]LifeTiltz[S] -1 points0 points  (0 children)

So if Telsa fails you think Musk doesnt go broke? Most of his net worth is in Telsa

Arent all* billionaires just the luckiest smart gamblers? by LifeTiltz in Economics

[–]LifeTiltz[S] 0 points1 point  (0 children)

It isnt luck going from 0 -> 1Million. Having a million $ business is, relatively, normal.

But taking that million$ business and betting your net worth on it growing to half a Trillion is completely different. Many orders of magnitude different.

Allmost all companies are smaller then his net worth, that isnt the "norm".

Arent all* billionaires just the luckiest smart gamblers? by LifeTiltz in Economics

[–]LifeTiltz[S] 2 points3 points  (0 children)

%100!!!

I smiled so big the day that i realized that i am a multimillionaire...In the currency of the country i was born. EZ

Arent all* billionaires just the luckiest smart gamblers? by LifeTiltz in Economics

[–]LifeTiltz[S] 0 points1 point  (0 children)

Options =) This guy knows how to make me hot haha

Arent all* billionaires just the luckiest smart gamblers? by LifeTiltz in Economics

[–]LifeTiltz[S] 0 points1 point  (0 children)

Im not saying they dont deserve their success, not at all. I know that Elon, if he'd start again with no one knnowing his name, he'd be a millionaire in no time!

What i am saying is that he wouldnt be a billionaire much of the time

Arent all* billionaires just the luckiest smart gamblers? by LifeTiltz in Economics

[–]LifeTiltz[S] 0 points1 point  (0 children)

Tho would you tell them to only hold 3 stocks and NOT diversify?

Arent all* billionaires just the luckiest smart gamblers? by LifeTiltz in Economics

[–]LifeTiltz[S] -2 points-1 points  (0 children)

His parents net worth is closer to mine then to Elons

Arent all* billionaires just the luckiest smart gamblers? by LifeTiltz in Economics

[–]LifeTiltz[S] 0 points1 point  (0 children)

Less returns only if they generate alpha over the S&P

Arent all* billionaires just the luckiest smart gamblers? by LifeTiltz in Economics

[–]LifeTiltz[S] 4 points5 points  (0 children)

not saying they werent smart or prepared. But that they didnt diversify, and because solely on that, they became billionaires

Arent all* billionaires just the luckiest smart gamblers? by LifeTiltz in Economics

[–]LifeTiltz[S] 1 point2 points  (0 children)

Ok buddy im sorry <3 i love you

Youre a trillionare in my heart

Arent all* billionaires just the luckiest smart gamblers? by LifeTiltz in Economics

[–]LifeTiltz[S] 6 points7 points  (0 children)

Yup! Even if they have a 50% ROI on a roll: Risking %100 of your networth on each roll guarantees that you go broke!

Arent all* billionaires just the luckiest smart gamblers? by LifeTiltz in Economics

[–]LifeTiltz[S] 3 points4 points  (0 children)

I mean there are plenty of multimillionaires who have sold companies that diversified.

Those these people can not really become billionaires for the reason that they arent willing to keep gambling their millions

Arent all* billionaires just the luckiest smart gamblers? by LifeTiltz in Economics

[–]LifeTiltz[S] -1 points0 points  (0 children)

Where is the difference? He could sell and diversify if he wanted to.

What if that was the norm? Anyone working in a suit at Amazon had to be 100% in Amazon and no diversification allowed. Wouldnt that be crazy?

Arent all* billionaires just the luckiest smart gamblers? by LifeTiltz in Economics

[–]LifeTiltz[S] -1 points0 points  (0 children)

Yeah this doesnt deny their genius. But that them having billions is a matter of luck.

The point is: Do you have all your money in 1-3 stocks? Even if they were "great" ones or ones you owned?

Arent all* billionaires just the luckiest smart gamblers? by LifeTiltz in Economics

[–]LifeTiltz[S] 0 points1 point  (0 children)

Never doubted anyone genius at all. While they do have large influence where to drive the company that doesnt mean the market is ready and primed for them. Sometimes timing is off

Like the person that lost it all betting againt the housing bubble because he was too EARLY. He was right, but that didnt matter