Learn to take advantage of other people’s work to further your own cause.

Time is precious and life is short.

If you try to do it all on your own, you run yourself ragged, waste energy, and burn yourself out.

The more you say, the more likely you are to say something foolish.

Only a minority can succeed at the game of life, and that minority inevitably arouses the envy of those around them.

Once success happens your way, however, the people to fear the most are those in your own circle, the friends and acquaintances you have left behind.

Despite what you may think, good luck is more dangerous than bad luck.

Bad luck teaches valuable lessons about patience, timing, and the need to be prepared for the worst;

Good luck deludes you into the opposite lesson, making you think your brilliance will carry you through.

The credit for an invention or creation is as important, if not more important, than the invention itself.

You must secure the credit for yourself and keep others from stealing it away, or from piggybacking on your hard work.

Simply dangle an object you seem to desire, a goal you seem to aim for, in front of people's eyes and they will take the appearance for reality.

Once their eyes focus on the decoy, they will fail to notice what you are really up to.

"You can define a free person precisely as someone whose fate is not centrally or directly dependent on peer assessment." - @nntaleb

"Thus a wise prince will think of ways to keep his citizens of every sort and under every circumstance dependent on the state and on him; and then they will always be trustworthy."

- Niccolo Machiavelli, 1469-1527

Mega Thread on Personal Finance 101

👇👇👇

Rule of 72 (Double Your Money)
Rule of 114 (Triple)
Rule of 144 (Quadruple)
Rule of 70 (Inflation)
4% Withdrawal Rule
100 - Minus Age Rule
10, 5, 3 Rule
50-30-20 Rule
3X Emergency Rule
40℅ EMI Rule
Life Insurance Rule

♻ Rule of 72

No. of yrs required to double your money at a given rate, U just divide 72 by interest rate
Eg, if U want to know how long it will take to double your money at 8% interest, divide 72 by 8 and get 9 yrs

At 6% rate, it will take 12 yrs
At 9% rate, it will take 8 yrs

📋Rule of 114

No. of years required to triple your money at a given rate, U just divide 114 by interest rate.

For example, if you want to know how long it will take to triple your money at 12% interest, divide 114 by 12 and get 9.5 years

At 6% interest rate, it will take 19yrs

🗒️ Rule of 144

No. of years required to, quadruple your money at a given rate, U just divide 144 by interest rate.

For eg, if U want to know how long it will take to quadruple your money at 12% interest, divide 144 by 12 and get 12 yrs

At a 6% interest rate, it will take 24yrs

🗒️ Rule of 70

Divide 70 by the current inflation rate to know how fast the value of your investment will get reduced to half its present value.

The inflation rate of 7% will reduce the value of your money to half in 10 years.

Never expose the sweat and labor behind your poise.

Some think such exposure will demonstrate their diligence and honesty, but it actually just makes them look weaker — as if anyone who practiced and worked at it could do what they had done.

[Conceal intentions with false sincerity]

Espouse a belief in honesty and forthrightness as important social values.

Do this as publicly as possible.

Emphasize your position by occasionally divulging some heartfelt thought - though only one that is meaningless or irrelevant.