There are good founders with few relationships able to raise upwards of half a million as the first investment in ideas that seem impossibly difficult to monetize. With decent connections, you can pocket upwards of 10 million to start a company that seems hot.
You can learn programming in 3-12 months and earn 6 figures with low taxes working remotely in a few years. You can make bank by doing the most niche and easy to learn of jobs as long as you know how to follow the market. You can probably make it even if you just follow your nose and invest in trends like crypto or high-throughput sequencing early on.
OK, you make a case for money here, because making money is possible and there are actual outcomes.
The outcomes maybe true to market value.
Earning much is easy for many people and it provides no direct meaning. The rich man that’s unable to find happiness because he doesn’t realize the goal of life is altruism/nirvana/love/enjoying-the-moment/god is beyond cliche.
In what way is this rational or meaningful statement.
A wrong and un factual thing,to proposes the alternative is better and therefore true.
It must be true, because making money is the goal?
Then you are stating what you already stated as assumption.
Making money is goal, therefore its a true thing that is good.
Its good, because its money. But that is not a rational. It could be considered a rationalization.
That is just fact, when you make money then you have money.
So you are operating still with tautological truth.
We live and do things with money, and therefore they are good.
This is not “the case for money”, this is in my understanding just saying what we already have and operate on.
Unless there is no money we cannot operate on assumption that money is not the case.
It is the case. The question would be then where is “your case?”
Wealth can result in a paradigm shift, both for people and companies. But if you read about people or companies that made an impact assisted by their assets, one thing of note is that the paradigm shift usually didn’t come until they realized they had the assets to pursue new “unimaginable” goals.
Finally, there’s the oft-repeated but true line: wealth is inflow minus outflow. Many people that we think of as rich are dirt poor once you account for taxes and monthly expenses. Money is useful when it opens up degrees of freedom in the socio-economic environment, it’s useless when spent on status goods and other zero-sum games (e.g. housing in large cities).
Then again you cannot have the money and not the product.
In essence the highest asset for companies is the ability to develop things through time.
Time can be in some sense gotten by money, but essentially, then you are buying time with money, by making money through time.
Its a simple loop. I don’t think you made a realistic case. I think this accounts for the case everyone knows.
When companies invest they invest into values.
So a company that has coal invests in coal.
A company that can make coal into gold through some magic philosophers stone through magic transmutation, is still investing in its highest asset.
Now it would be the philosophers stone. Where did the stone come from? If it were merely function of money it would mean most companies would have philosophers stone.
In my understanding then the case is still the same. “money” There seems to me something missing.
Another common pitfall is trying to gain knowledge instead of money.
Yes you need to survive to have knowledge.
Money takes in such case precedence, because knowledge is slow, money works faster.
iii—Money Is Hard To Fake
Can you even be wrong in this statement though?
When you live in society where everything including my body, has monetary value, can you falsify this?
Well no.
But what case are you making then? We either live in world where money is the “thing which we want or not”
For every person this is true.
Saying that money is best indicator of whatever is not true though. What it indicates is what we already know.
Its the value of market working. It works because markets are build around financial concepts.
That alone explains merely that we don’t know the alternative of value on market with out putting a price tag on it.
But if we all subject goals to financial goal posts, we essentially have no alternative, but to put money as priority.
Then you mean to say that unless we put money as priority, we cannot, be objective?
Sure, thinking that you want to be a doctor until your mid-30s then realizing you were meant to be a recluse yogi is worst than giving in to your calling in your early 30s. But you know what’s worst? Being a self-thought nihilist until your late 30s. At least the doctor has the capital to settle his affairs, get a jungle house in Burma and start his yogic journey.
No? Where are you making the “case”
Alas, I’m happy taking responsibility over optionality, even if freedom comes with the possibility of undertaking a wrong action. I wager you might feel the same.
Yes, but is this statement necessary?
Are we in state of mind, where this is somehow questioned?
Making money equates having options true.
I think you used lots of concrete examples, and statements that are true, but I was expecting
“the case for money”. Something different from what we already somewhat on some level know.
After all money is useful in a world where everything is valued by monetary means.
But the way I see it you essentially said “money is good”
with many examples and statements.
The contrary statements are that some dudes did not make it without money.
OK, you make a case for money here, because making money is possible and there are actual outcomes.
The outcomes maybe true to market value.
In what way is this rational or meaningful statement.
A wrong and un factual thing,to proposes the alternative is better and therefore true.
It must be true, because making money is the goal?
Then you are stating what you already stated as assumption.
Making money is goal, therefore its a true thing that is good.
Its good, because its money. But that is not a rational. It could be considered a rationalization.
That is just fact, when you make money then you have money.
So you are operating still with tautological truth.
We live and do things with money, and therefore they are good.
This is not “the case for money”, this is in my understanding just saying what we already have and operate on.
Unless there is no money we cannot operate on assumption that money is not the case.
It is the case. The question would be then where is “your case?”
Then again you cannot have the money and not the product.
In essence the highest asset for companies is the ability to develop things through time.
Time can be in some sense gotten by money, but essentially, then you are buying time with money, by making money through time.
Its a simple loop. I don’t think you made a realistic case. I think this accounts for the case everyone knows.
When companies invest they invest into values.
So a company that has coal invests in coal.
A company that can make coal into gold through some magic philosophers stone through magic transmutation, is still investing in its highest asset.
Now it would be the philosophers stone. Where did the stone come from? If it were merely function of money it would mean most companies would have philosophers stone.
In my understanding then the case is still the same. “money” There seems to me something missing.
Yes you need to survive to have knowledge.
Money takes in such case precedence, because knowledge is slow, money works faster.
Can you even be wrong in this statement though?
When you live in society where everything including my body, has monetary value, can you falsify this?
Well no.
But what case are you making then? We either live in world where money is the “thing which we want or not”
For every person this is true.
Saying that money is best indicator of whatever is not true though. What it indicates is what we already know.
Its the value of market working. It works because markets are build around financial concepts.
That alone explains merely that we don’t know the alternative of value on market with out putting a price tag on it.
But if we all subject goals to financial goal posts, we essentially have no alternative, but to put money as priority.
Then you mean to say that unless we put money as priority, we cannot, be objective?
No? Where are you making the “case”
Yes, but is this statement necessary?
Are we in state of mind, where this is somehow questioned?
Making money equates having options true.
I think you used lots of concrete examples, and statements that are true, but I was expecting
“the case for money”. Something different from what we already somewhat on some level know.
After all money is useful in a world where everything is valued by monetary means.
But the way I see it you essentially said “money is good”
with many examples and statements.
The contrary statements are that some dudes did not make it without money.