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Showing posts from 2020

All that matters

 In the end, all that matters is that you can say you did what you needed to, and then did what you want to. All other things fade away.

On Stress and Anxiety

Sometimes, stress and anxiety arise from the fact that we do not accept reality for what it is. We have a different idea of what we want or would like reality to be. As a result we're upset, perhaps discouraged, or angry that things should be different. Although easier said than done, all these things seem to slip away once we agree to accept the current state for what it is. I suppose this is the meaning of being present – being not particularly reflective of the past (what has happened) or future (what will happen), just being here and accepting everything for the the way it is right now.

The End of the Road

At the end of the road, you too shall be looking at the things you can't and are leaving behind. There will be many things that you cannot take with you. Throughout the centuries, many things have changed but the one truth that has remained in tact is that is that the duration of this life is short. So do what you need to, and then do what you want to. Do not take the opportunities you have now for granted, for one day, it will certainly not be there.

"Entrepreneurs take Calculated Risks". A Redux.

"Entrepreneurs take calculated risks" is a phrase or quote I hear ever so often in sales, entrepreneurship, or business seminars... but the phrase always confused me. At first, I just took it for what it was worth, never really thinking too much about it. But after some pondering, I feel like this word of advice never really gave me any thing concrete to work off of. I mean, what are am I really supposed to get from it? Can any entrepreneurs even explain this to me? Are entrepreneurs out there calculating the risks on Excel Spreadsheets and Monte Carlo models or are they really just using their intuition? (which could be even better than the mathematical models). I feel like it's the latter... so why even use the phrase? First of all, it holds little meaning, and secondly it's confusing. i would say that a majority (now, I said majority , not all) of entrepreneurs out there aren't even doing any real mathematical simulations out there. Let me tell you why this 

Two lessons that I learned about life via Sports Betting

I've never been a gambler, I hate taking risks -- I'm pretty much what you call "risk-averse", and I especially hate taking risks where you know you're going to lose (i.e. betting at the Casino). But sports betting is another beast (kind of). Unlike the Casino where the odds are mostly stacked against you, think a 49% chance of winning as your best bet, Sports Betting is a place where you can place a bet where the chances of winning could be a whopping 99% (equivalent to decimal odds of 1.01). Of course, your payout (or return) for taking such a low risk would be minuscule. A bet of $100 at odds of 1.01 would yield you only $1.00 plus your initial $100 that you put in, for a total return of $101. And this is rightfully so, because the gambling houses would go broke if they paid you any more money for taking such a tiny risk. But here's the fun part, first of all, I'd be more than willing to take a bet with 99% chances of winning any day, given that I