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You quoted someone else so I can’t speak to their claim. But mine is that it’s easier to succeed if you’re focused and it’s easier to focus when you have a sim
by bumby 4y ago
You quoted someone else so I can’t speak to their claim.
But mine is that it’s easier to succeed if you’re focused and it’s easier to focus when you have a simpler life. I was just clarifying an important part of the context of the mortgage argument because you seemed to strawman it to be only about the monetary transaction. For some, renting helps simplify their life. It’s not a difficult through line to follow and I don’t think it’s extraordinarily controversial, despite your consistent mischaracterization. (I never said, for example, that “only” renters can succeed).
Do you think it’s easier to succeed running one business or a dozen? Why?
- lapcat 4y ago> I don’t think it’s extraordinarily controversial Do you have any evidence that people generally believe that renting is more conducive to success than homeowning? Should we take it as advice? "If you want to maximize your chances of success, don't buy a house!" Strangely though, most successful people do own a home. Sometimes more than one! When exactly is it ok to buy a home, and why do successful people do it, if it makes them less focused? > Do you think it’s easier to succeed running one business or a dozen? Why? A dozen, of course. Because if you're running a dozen businesses, you likely have a lot of financial resources. And since many businesses fail, you have a greater chance of at least one of them succeeding. (Do I even need to mention that the richest person in the world has multiple businesses and is trying to buy yet another?)
- bumby 4y agoHow do you define success? That definition seems pretty central to each of your questions.