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why I put all or most my money into technology sector

Technology role is to move something from scarcity to abundance. Everyone wants it. Who wants to live in scarcity? Think about all the technology that we use today: Apple, Amazon, smartphone, TV, facebook, social media, netflix, etc. You might think that technology also 'create' loneliness, well technology is a tool just like a knife we could use them to kill ourselves or use them to make a delicious dish. Besides what is the other option? Technology is a creation of wealth, that market/people could use and enjoy it. But on the other hand creation is also destruction . Why is that? Everytime we create something that the market value, it will destroy something that the 'old' market value. It is just 2 sides of the same coin, we could not avoid it. But on the aggregate what we create is more positive than we 'destroy'. Look at the revolution from agriculture to industrial age. what do we create? thousands or millions of job to the machinist, people who oper
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My investment portfolio in robinhood

I have been using this #robinhood app probably the last 2 years, love it. The UI is amazing and love the mission of the company which is to democratize financial stocks for everyone. Feel free to comment and argue nicely :)

Very Old Youtube video ... babbling about myself having mid-life crisis

Enjoy :)

12 Life Rules

1. Subtly or sharply, all relationships diverge. Hold each for its time, and not longer. (A rule about breaking relationships) 2. A partnership requires frequent mutual course-corrections and a commitment to the present and future selves of one’s partner. (A rule about committing to lifelong relationships) 3. Be jealous in what you attend to. Do not be afraid to shirk in order to pay dividends elsewhere. (A rule about compromises in work/effort) 4. Build things that enrich your soul; share things that enrich the commons. (A rule about making and creating things) 5. You will fall on the wrong side of history; do not overly venerate posterity. (A rule about your relationship to history) 6. Exchange money for time; exchange time for experience. (A rule about your relationship to wealth and status) 7. Bear your loved ones’ risks with grace. (A rule about your deepest grow-together relationships) 8. You will never quite be its master; be not your body’s slave. (A rule about your phys

The Case for Tesla

What is Tesla moat? Moat is define by what is the core strength of company(Tesla) that prevent other players to compete with it and as such unable to provide value to the market. Scale Effects: Tesla has been ramping up their car production up to 6000/week, they have been learning the hard way to ramp up their production hell season. The gigafactory: They have investing a lot in their gigafactory for their battery technology and according to Ark Invest and Mark Munro (on youtube) their battery technology is superior (about 3 years advance than others) plus the fact they own their own factory. The battery is the ICE world is like the engine part. While BMW, Mercedez and other cars company seems to just outsource their battery technology to third party instead of making on their own. So, there are 2 points here: one is the battery technology is superior, and two is Tesla control the battery availability and they make sure the supply is there. The first point probably is kind of de

Netflix a good buy?

Netflix has been down about 20% from ATH, now at around $325. I am going to say that Netflix seems to be commoditizing Hollywood. They have been gaining ground getting oscar nomination and it is growing. The number of A-list hollywood cast that is joining Netflix seems to be growing. The latest is Sandra Bullock with a blockbuster BirdBox. I argue some or many of the hollywood artist seems wants the world become a better place, you know peace, love and more equality in the world. The idealistic point of view. If that is the case, what is better platform to express your intention than Netflix?

Keep your life options open till you are sure

I have been contemplating this quotes from Naval Ravikant: First, In making decision if you are not sure, then don't do it. Second, if it boils down only 2 options and it's fifty/fifty then choose the one that is painful in the short term and bring equanimity in the longer term. Like should i do sports this today or not? Should I eat healthy food or not? The first one it seems you have 1 option to choose vs myriads of options. This seems to me if people have some money in their pocket. so they have this liberty to keep their option in life to always open. Especially we are now living in an exponentially option abundance in our time because of the proliferation of technology. So, ideally we always want to keep our options/choice open in life until we are pretty damn sure we want to do it whole heartedly. Meaning not just with your mind but also with your heart and soul. I think this boils down do what you want! Not what the society/parents/obligation tells you what to do! I