Believing things just because other people believe them is never a reason. At best, it's a starting point for logical deconstruction and empirical verification.
1795: after much skepticism about anecdotal evidence, the Royal Navy began standard citrus rations to warships to prevent scurvy.
1912: Vitamin C was discovered.
Lesson: The solution to a problem can exist and be empirically derived, before it is fully understood.
There is something to be said for compounding, and for some careers it is essential.
But life is nonlinear. One week of the right output can outperform years of work.
Enlightenment is seeing that knowledge come from anywhere and everywhere, and is ever increasing.
The most "lowly" and obscure, can have the most groundbreaking breathroughs - discovering cures and fundamental truths of nature.
Many such may not be recognized for centuries.
The immense arrogance of modern medicine is shocking.
Imagine the infinite permutations of physical therapies and chemical substances, and then try to imagine the infinite combinations of these to treat a certain condition.
We have a long ways to go.
Humans like all life, evolved to survive and replicate, not accumulate "power" and wealth.
Understand this and you are better able to explain all kinds of economic phenomena such as labor force participation, income inequality, and even Veblen goods.
Ignorance is that which you don't know, you don't know.
Ignorance is the default state in which we are all born and must continuously work to overcome. And in that latter sense, it is the fraternal twin of poverty.
Between high oil and bond yields, recession into 2027 is completely baked in at this point.
The loss of political confidence and inflation is steroids on top.
I don't even know what to say other than gold will vastly outperform the S&P, like it did in the 1970s.
Reading is best for adding to one's good beliefs, but healthy debate beats it for cleaving off bad ones.
It is via engaged disagreement ones beliefs are "evolutionarily challenged."
Having haters is a necessary but insufficient proof of having achieved anything of significance in life.
Like Micheal Jordan, channel it all into more action.