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vgr's profile
Venkatesh Rao
Venkatesh Rao
Venkatesh Rao
@vgr

Tweets

Venkatesh Rao

@vgr

This is my conversational account. For my work follow @ribbonfarm, @breaking_smart, @artofgig. Tweets are 90% vacuous views, apathetically held. Mediocritopian.

Los Angeles, CA
venkateshrao.com
Joined August 2007

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    1. Venkatesh Rao‏ @vgr Jan 1
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      If you’re under 35 try consider replacing all resolutions with equivalent make-more-money resolutions. Examples: Exercise more = +10k for a 3x/week personal trainer Eat better = +10-60k more for eating out at salad places/exec chef Learn stuff = +5k-15k for personal coach

      15 replies 25 retweets 258 likes
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    2. Venkatesh Rao‏ @vgr Jan 1
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      Solving problems with money is more efficient in proportion to how much you value your mental effort resources for other stuff you enjoy more. If those activities pay on a leveraged way, the trade off is 100% worth it.

      3 replies 6 retweets 75 likes
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      Venkatesh Rao‏ @vgr Jan 1
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      Why under 35? Because concentrating your mental resources on your comparative advantage creates a kind of high-drive exhausting raw energy positive feedback loop that I’ve only seen younger people handle well. And that loop is what creates the surplus to pay for other stuff.

      11:47 AM - 1 Jan 2020
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      • safe Moon satellite Yishi Zuo 𝗦𝗜𝗠O𝗡 O'𝗥𝗘𝗚𝗔𝗡 🦊 ℝ𝕒𝕧𝕚 Sean Orpheas 🪐 Leon Markham R Munger World
      1 reply 1 retweet 64 likes
        1. New conversation
        2. Venkatesh Rao‏ @vgr Jan 1
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          The older you are the greater the financial surplus you need to achieve the same level of attention concentration on a core positive feedback loop. Money is a more achievable kind of leverage when you’re younger though you need it more badly when you’re older.

          2 replies 1 retweet 39 likes
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        3. Venkatesh Rao‏ @vgr Jan 1
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          I’d need a million dollars today to achieve level of leverage I could have gotten with 100k in 2010. This is why for the average person, financial leverage drops with age. But we fixate on CEOs and entrepreneurs who buck that trend by making $-leverage faster than they are aging.

          2 replies 0 retweets 25 likes
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        4. Venkatesh Rao‏ @vgr Jan 1
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          For financially average people like me, you fall behind on that game, and solving problems with money stops being an option, because you’re not efficient enough as a cost structure to achieve much with the surplus you have. So do it while you still can.

          3 replies 1 retweet 25 likes
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        5. Venkatesh Rao‏ @vgr Jan 1
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          Venkatesh Rao Retweeted Donny_ Dude

          Counterintuitive but yes. That exec attention is more cdluable elsewhere when young and it’ll take a bigger, out-of-reach surplus to achieve similar reallocation efficiency when you’re older. Plus doing it when young installs stronger habits for later.https://twitter.com/_donny_dude/status/1212464168374358016?s=21 …

          Venkatesh Rao added,

          Donny_ Dude @_Donny_Dude
          Replying to @vgr
          This is very interesting given my age. Can you please say more? It's better to earn 10K more so I can afford personal trainer, instead of forgoing the income and trying to do exercise by myself?
          3 replies 0 retweets 24 likes
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        6. Venkatesh Rao‏ @vgr Jan 1
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          tldr get rich young if you can. It’s both easier and more valuable.

          2 replies 6 retweets 54 likes
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        7. End of conversation

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