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every beat tho😏 #chifreaks #explore #chicago #outsouth #dls #100s

17,730 次观看 • 1 个月前 •via X (Twitter)

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Paul Samuelson was the first American to win the Nobel Prize in Economics. He spent his career proving that ordinary people should not try to beat the market. He also quietly beat the market himself for 60 years. His last full-length interview explains how. Almost nobody has watched it. Samuelson taught at MIT for 65 years, from 1940 until he died in 2009. His textbook "Economics" sold roughly four million copies. He rewrote the field. Every finance professional working today learned economics from a book he wrote or a book written by his students. He also ran his own money quietly. His returns reportedly outpaced most active managers of his era, and he was an early investor in Warren Buffett's Berkshire Hathaway. He never advertised the numbers. He said the opposite in public. His most famous line about investing: "Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas." He was one of the earliest advocates for index funds. He believed almost nobody could beat the market and almost nobody should try. His nephew Larry Summers became Treasury Secretary. His students founded half the modern economics profession. He was invited into every important economic policy debate of his lifetime. His view on personal finance was unusually blunt for a Nobel laureate. In one of his final interviews, near the end of his life, he explained his framework in three sentences. Personal finance is not a science. It is a set of common-sense decisions repeated for decades. Save more than you spend. Diversify. Do not chase excitement. Do not trust anyone who promises certainty. He said these things thousands of times over 70 years and the industry ignored him every year. The full interview covers his childhood, his years at Chicago and Harvard, his rise at MIT, his Nobel, and his philosophy on money. He was 94 years old at the time. His voice is thin and his answers are direct. He does not soften anything. He treats the interviewer like a graduate student who happens to be holding a camera. The more sophisticated a market becomes, the more valuable the boring advice becomes. Every investor who ignored Samuelson's rules is a receipt for how right he was. Every quant who read his mathematics and skipped his common sense missed the point. Samuelson died December 2009. He was 94. His textbook is still in print. The interview is free.

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Homophobic Pastor Reverend Lanre Oluseye Of (House on the Rock church). These were his homophobic words: 👇🏾 “Young boys of today don’t know what it is to be a boy cause the society has feminized them. Let them beat em in the park, his skin was built to handle it. He never played ball in the park open toe, what are you raising? You have all these men now, their skin care routine is more than that of a woman, what is wrong with you? If there’s a man beside you, tell him you are heterosexual, I’ve never seen a male dog climb a male dog”. My Opinion: There’s nothing gayer than a man being obsessed about another man’s sexuality, what he does in his private space or trying to define who every other men should exactly be, how every man should behave and what every other men should be interested in. Men who fall in this category are often always closeted and project their internalized homophobia. Real men don’t care about what you do with your private parts. There’s just so much mental degradation and absolute ignorance in this stereotypical preaching. Encouraging all men to be physically abused, do less skincare and be involved in vigorous sports like football is not what defines a man or makes one less of a man, there are men who do all that and are still sexually attracted to men. Being a man is not determined by a checklist of interests, hobbies, appearances, or behaviors. Masculinity is far more diverse than many people are willing to admit. And even the dog analogy he used is so flawed, there are various homosexual animals out there, what he did was selective bias, look around every aspect of life, Versatility and differences are integral to uniqueness, whether you like it or not. Reducing manhood to a narrow set of stereotypes only exposes the ignorance behind the preaching. Saying this to a congregation that is predominantly full of homosexuals is also a very bold and funny choice tho. 😂 😂 😂

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