ericyakes on Nostr: One of the most valuable lessons I've learned thus far: Rational decisions can lead ...
One of the most valuable lessons I've learned thus far:
Rational decisions can lead to a life without meaning
From the perspective of modern financial theory - the rational person should take that corporate job and compound savings over your life in a diversified portfolio minimizing asset class correlation until you're 60 and retire with $5M
That's rational.
Now some people realize that those investments are all just propped up by perpetual stimulus and because of this your $5M will be raped by inflation by the time you need it
That's step 1 and you buy #bitcoin to protect yourself
What few people realize is that nobody created anything memorable for world by taking that corporate job in the first place
And few ever will because entrepreneurship isn't rational - the statistics support that you should expect to fail
Rational decision making is based on minimizing risk in proportion to positive outcome
Of course, minimizing risk good - but it often leads to decisions based in fear and compromise
and those little decisions of compromise compound over decades until you wake up wondering how you got here and why you're doing it all in the first place
Entrepreneurship is the opposite of this
It is venturing into the unknown and having the courage to trust your character and instincts
It fundamentally requires faith. Faith in yourself, or your god, or whatever.
Often it is the decisions that provide us the most meaning that are the least rational but our fear of the unknown or what others think prevents us from following them.
Making irrational decisions to avoid a life of compromise and pursue something that is truly meaningful is deeply human.
That's what living is.
Rational decisions are necessary and the mode of our decision making but don't throw away your life and humanity in their name.
True rationality is pursuing decisions that pave a path of meaning.
Published at
2023-09-25 17:03:11Event JSON
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"content": "One of the most valuable lessons I've learned thus far: \n\nRational decisions can lead to a life without meaning\n\nFrom the perspective of modern financial theory - the rational person should take that corporate job and compound savings over your life in a diversified portfolio minimizing asset class correlation until you're 60 and retire with $5M\n\nThat's rational.\n\nNow some people realize that those investments are all just propped up by perpetual stimulus and because of this your $5M will be raped by inflation by the time you need it\n\nThat's step 1 and you buy #bitcoin to protect yourself\n\nWhat few people realize is that nobody created anything memorable for world by taking that corporate job in the first place\n\nAnd few ever will because entrepreneurship isn't rational - the statistics support that you should expect to fail\n\nRational decision making is based on minimizing risk in proportion to positive outcome\n\nOf course, minimizing risk good - but it often leads to decisions based in fear and compromise\n\nand those little decisions of compromise compound over decades until you wake up wondering how you got here and why you're doing it all in the first place\n\nEntrepreneurship is the opposite of this\n\nIt is venturing into the unknown and having the courage to trust your character and instincts\n\nIt fundamentally requires faith. Faith in yourself, or your god, or whatever.\n\nOften it is the decisions that provide us the most meaning that are the least rational but our fear of the unknown or what others think prevents us from following them.\n\nMaking irrational decisions to avoid a life of compromise and pursue something that is truly meaningful is deeply human.\n\nThat's what living is. \n\nRational decisions are necessary and the mode of our decision making but don't throw away your life and humanity in their name.\n\nTrue rationality is pursuing decisions that pave a path of meaning.",
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