Anyone up to making money the old-fashioned way? Establishing a business rather than speculating on scraps (shares) of a business? After 15 years of putting my intellectual capacity into financial markets, it wasn't all in vain. 1) I acquired enough experience to conclude that further pursue of the dream of easy money within this particular domain is a fool's errand. 2) I acquired enough experience to make some guaranteed excess returns over the market in the long run, which is a thing that doesn't value much in my individual case but can be A LOT in the aggregate market. Think 5-10% excess return on my $100k net worth versus selling my trading system to a TRILLION of net worth. 3) Once I made a pause and contemplated the picture I saw the following: a 150+ IQ guy (myself) having worked the last 20 years mostly in vain (no billionaire so far) but in the highest paid highest growth domain so far: software development. I like reading history. It's my entertainment and pleasure to READ (I also watch but that greatly limits the reach of my investigations) how things turned out after the fact, without knowing the fact upfront. The French Revolution. The Gulag. The war between Jack Tramiel and Atari. I particularly enjoy the history of business. Why did Nokia fail and Apple prevail? Why did RCA's management so abjectly fail to capitalize on the nothing less than Sci-Fi technical capabilities of it's https://en.wikipedia.org/wiki/Capacitance_Electronic_Disc , available since the 60s. Fucking 60s! So ahead of it's time that the completely retarded and phisycs-unaware postcard from 1900's Germany on how people of the future might behave looks like a reasonable prediction: https://mattsko.com/2013/05/04/germ...ng-on-water-in-the-year-2000-from-circa-1900/ Having been involved into these sort of intellectual historian investigations, I started challenging myself with the following entertaining thought: what if I was transported to 1982 / 1992 / 2002, what "great" businessu idea would I have to make a billion dollars (at least)? Well, the thing at all times, before having the benefit of hindsight is that people say: the low hanging fruit has been picked. There's nothing to pick for low effort anymore. Yet time and again history proves them wrong. As of 2023, I have at least 3 low hanging fruit venues that would be worth at least a billion each. Of course, I'm looking for the trillion but more on that later. Now, who's with me in making at least the first $1e9? Write me in private.
What happened to your trading system that was beating the market that you wanted to sell to the 'deep pocket' guys (not too long ago, like last month)?
If you don't have the resilience and the stamina to make it in trading you won't make it in business either
I think we have to wire $300 'banking transaction costs' into your nigerian account to get acces to the trillion-system?
All the work can be considered the hard work or only the physical one? What if i use my brain in order to make my living, does that count? I am constantly in touch with the hundred of customers on microsoft teams phone number and doing the customer support even at night sometimes. Is that not good enough? You understand that all jobs are valuable and that wouldn't work out if everyone would be involved only in physical things.
All the work that is HARD is by definition, hard work On a sidenote, some two weeks ago I started learning two new hardcore knowledge domains: Android development Web development Now don't get me wrong, I still know some Android and Web, but it's like knowing "German" and "French" compared to "English", my primary communication language outside of the native Romanian. With English, like C++/Java, I am way over fluent and practically native. I don't need to spend any effort to think on how to express something, I'm free to concentrate on "why" and "what". Overall this is my goal, focus on the business and fucking make money. It's like concentrating on writing "Game Of Thrones" or "Lords of the Ring" rather than puny effort to learn pre-kindergarden level vocabulary and funny sounding grammar. That's why I fucking hate learning Android and Web. It's not like I don't "Ich spreche ein bitchen Deutch aber nicht so viel und verstehe viel mehr als ich shpachen kann" (my "Android") or "Je compris un peu du Francais mais moins que l'allemand" (my "Web") but I'm 20 years short of writing novels in those languages while nothing stops me doing that in English but my own lack of talent Problem is that becoming fluent takes years if not 10s of years. And like with real languages with the exception of English, why bother? First of all it's only a niche and worst offender is that by the time you've become fluent in it with great effort and many years involved, the whole ecosystem has fallen out of favor.
I hate Android with a passion and the Google way of doing things is not my cup of tea. Should I ever develop for a handheld device it would be Apple. Once you dive into web technology you realize how inefficient is really is and then you hate the idea of designing inferior products, so you start creating your own non-HTML based protocols and you end up hating your life because why even bother? No one will ever notice or care and you are just re-inventing a better wheel. Then you just end up paying someone to design a site or handle a database and forget the problem exists. On Trading: I have wasted so much time trading that if I had put my efforts into literally any other endeavor I would have made orders of magnitude more profits then the ones I assumed I'd make trading. I always thought I was right around the corner from profitability and then I just end up giving everything I make back. What a waste of a life and if I had to do it all over again I certainly wouldn't. On the plus side I can learn any topic with ease, since it's not like knowledge can be subtracted from your brain like profits can from your account despite relentless hard work, and everything else in comparison is like living on Easy Street. I can tear through complex physics and math books and not even bat an eye, so I guess it wasn't all for naught?