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Actually, the best strategy is in fact to stay a 1x performer at work, AND to stay a 1x performer in your investing life via set-and-forget index funds. Minimi
by pembrook 5y ago
Actually, the best strategy is in fact to stay a 1x performer at work, AND to stay a 1x performer in your investing life via set-and-forget index funds.
Minimize risk and time spent in efficient markets with millions of participants (the developer talent pool, the stock market). These places are treadmills.
Instead, spend your free time in inefficient markets by starting a business with the rest of the time you’ve now freed up.
Most B2C and B2B markets don’t have millions of competitors, and hence are much less efficient than the developer talent pool and stock market (which do).
This is the optimal strategy.