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a) His definition of wealthy isn't entirely financial: "My personal mantra is: 'try to get 80% of the reward with 20% of the work'. I’m not interested in giving
by chefandy 5y ago
a) His definition of wealthy isn't entirely financial: "My personal mantra is: 'try to get 80% of the reward with 20% of the work'. I’m not interested in giving 100% to get 100%: that is an overcrowded game."
b) It says that he reduced his living expenses and invested most of it in a diversified portfolio without too much in crypto.
c) the real missing ingredient is to do this all during a period of explosive growth in both the stock market and your chosen sector, which involves a lot of luck.
- uncomputation 5y agoYeah, was gonna add this too. This swaggering “jump ship” attitude and taking 2 month holidays is only possible during the unprecedented economic stimulus we’ve seen with Covid. In a tighter job market, even luck would be hard pressed to make this advisable.