benny

Finishing up It's Not About the Money by Brent Kessel. He suggests taking a long-term time horizon and investing in index funds and ETFs to replicate the market. He recommends the following allocations for stocks: U.S. Large: 21% U.S. Large Value: 21% U.S. Small: 9% U.S. Small Value: 9% International Large Value: 8% International Small: 4% International Small Value: 4% Emerging Markets Portfolio: 3% Emerging Markets Small: 3% Emerging Markets Value: 3% Real Estate: 10% Commodities: 5% He also advises diversifying into real estate, either by owning three separate (and very different) types of properties or, failing that, investing in REITs. This keeps you asset class diversified, which minimizes portfolio volatility, which maximizes compound gains. Is this solid advice? I'm developing my financial literacy, but I still need to develop the acumen to evaluate the merit of strategies. On paper, it sounds great, but I would love other opinions. I have 130k, and this is one avenue I'm considering. Also curious about what @Leo Gura thinks.

If so, how did you do it?

Honestly, I've never read such insufferable prose in all my life. It takes careful deciphering of Campbell's word salads to extract very simple (albeit powerful) lessons about the human journey. He's so pompous and self-indulgent that I actually get angry at him when reading his supposed magnum opus, The Hero With a Thousand Faces. It makes me want to resurrect him so I can punch him in his stupid face and tell him what a god awful writer he is. The end.

Haven't been on here for a while, but last time I was, you promised you would transform into a demon on camera for us. How's that coming along?

Wanted to share this. A true innovator. A genre of his own. Let us know what you think!

Exactly what I needed to hear. Thank you.

This, to me, is one of the most beautiful, important things you have ever said. And that's saying a lot. Bravo.

Absolutely packed with value. Thanks for sharing!

Alright, I stand corrected. Open-mindedness should be a pre-requisite. I do hold that people should be able to challenge him, though.

So if someone disagrees with you, or at the very least, will not entertain the possibility that you're right, you'll ban them? That doesn't seem right. Seems like you're trying to force collective adoption of your teachings.

Over the last year or two it seems you've moved away from a growth perspective to a more genetic-focused, fatalist perspective of potential. Have your views changed?

How do you know?

This guy is confessing to being a pimp and a swindler on camera. What more do you need to see his complete lack of integrity? Thanks for posting this Leo.

Let's paint a picture of who we were before and after we started this work. Also post how long you've been on the journey. Also post your primary focus vis-à-vis growth. Before: - Lifelong video game addiction - Marijuana addiction - Porn addiction - OCD, depression, anxiety - Poor diet, no exercise, overweight - Socially awkward - Zero skills with women; clueless - No ambition, drive, direction; lazy - No hobbies - Poor student; mostly Cs - Hung out with the wrong people After: - Overcome porn, video game, and pot addiction; consume absolutely zero - Overcame OCD, depression, and anxiety - Rock-solid work ethic - A- student in uni - Got into pickup and developed massive amounts of confidence; both with women and with people in general - overcame social anxiety - New friend group of intelligent, high-achieving, positive people - Awesome girlfriend - Whole foods, vegetarian diet; in excellent shape - Exercise 4 days a week - Know my values - Daily mediation - Daily gratitude ritual - Lots of hobbies and passions' well-rounded Took me 7 years to get these results. Currently I'm working to clarify and actualize my LP. My secondary focus is financial literacy.

@Leo Gura Thank you!

I'm talking about business courses.

@Leo Gura What do you recommend? Sorry for the double post.

@Leo Gura What do you recommend?

Seriously, there are no words. Absolutely incredible! https://www.youtube.com/watch?v=704brywiyfw

I understand that in this work, it basically goes like this: research --> contemplation of ideas --> implementation. Rinse, dry, repeat. I want to make sure that I am contemplating the material properly. Below are three notes I've taken from the latest Actualized video I've watched, How to Become Decisive. My contemplations are written in bold. Any and all feedback appreciated! Example 1 You want to be a big-picture thinker, a strategic thinker, a visionary, and be able to make very important decisions quickly. What does it mean to be a big-picture thinker? You want to see clearly the overarching vision for what you want to do and accomplish. This will inform the finer details. You reverse-engineer from the big-picture to create the little-picture details. It also means considering how your actions affect all other areas of your life, of society, etc. Not just how it affects you, but the broader ecosystem of humanity. What does it mean to be a strategic thinker? You deeply consider how you will allocate your resources You deeply consider the actions you need to execute in order to move you from where you are to where you want to go. You consider and are clear about what consequences those actions will produce. It means you have a very clear vision of what you want to achieve. Strategic thinking is essentially big- and little-picture thinking. It involves honest and accurate assessment of current situation - resources, capabilities. This gives you an accurate starting point, which informs first steps. For example, if you want to build a tech company, but you don't have any money, you're going to need to find investors and raise seed capital. Then you break that down and ask yourself, what do I need to do to secure seed capital for my venture? Strategic thinking involves critical thinking, reflection, contemplation, introspection, and even intuition. Use all of these when devising your plan forward, as well as your big-picture vision. Example 2 If you don't make a choice, a choice is made by default. This is a bad way to go. When you do not make a choice, you'll choose the easier path by default, because you don't have to put any effort into it. The easier path seems to always, or at least almost always, produce much lower quality results. This why indecision destroys lives. Making a decision serves as the impetus for action; it provides the inner spark that spurs you forward towards what you want. It provides a sense of purpose and mission, and if you value integrity, you will be motivated to do what you say you're going to do. Making a decision and sticking with it requires integrity. Indecision will destroy your life. Decisiveness will be instrumental in building a profound life. Example 3 It's the bold decisions that provide the opportunities for massive growth Forces you to exercise resilience. Forces you to face your fears. Forces you to develop greater resourcefulness. Forces self-reliance. Puts you into new experiences where you have to learn new skills, overcome challenges. Forces you to think critically and strategize. Provides focus. Forces you to take massive action. Forces you to take more and more responsibility for your life. Not only is decisiveness important for a great life, it is decisiveness with regards to the big, bold decisions that will determine the trajectory of your life. These should be carefully considered, then made and stuck to.

@Leo Gura Books, teachers, videos, courses, etc. What were your resources?

@Nilsi Thank you!

@Leo Gura Spell it out for me. Will I find them on your book list? Your blog? Your videos? A forum post? Point me in the right direction.

@Danioover9000 I'm not telling anyone to do anything. I'm sharing it with the community and they can do as they please. I Some people will enhance their art with assistance from AI, some will steer clear of it, and others will use AI exclusively. There are no should or should nots. Quit your moralizing. Doesn't look like it will be necessary for much longer

In addition to being really short (just kidding, it's long as all get out. But I'm sure followers of Leo's content are used to that sort of thing ), it's also hilarious and incisive. Enjoy!