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Watch as everyday people tackle basic financial knowledge questions and discover how much we all still have to learn about money! This eye-opening street quiz challenges participants on Asia's oldest stock exchange, the meaning of SIP, and what SEBI actually stands for—with surprisingly honest responses. Perfect for anyone looking... show more

Kotak Securities Ltd

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Money Making Monday with Financial Jennifer! 🚀 Mondays aren’t just for fresh starts—they’re for making money moves! And who better to show us how than Financial Jennifer, a powerhouse in finance and women’s empowerment? She’s all about closing the knowledge gap because when you know better, you do better! Financial education isn’t just important—it’s a game-changer. And one thing is clear: everyone, regardless of gender, needs their own source of income! 💡💵 Ready to take charge of your finances? Click the link ( to watch the full episode! #MoneyMakingMonday #CareerSeries4 #Finance #WomenInBusiness

Money Making Monday with Financial Jennifer! 🚀 Mondays aren’t just for fresh starts—they’re for making money moves! And who better to show us how than Financial Jennifer, a powerhouse in finance and women’s empowerment? She’s all about closing the knowledge gap because when you know better, you do better! Financial education isn’t just important—it’s a game-changer. And one thing is clear: everyone, regardless of gender, needs their own source of income! 💡💵 Ready to take charge of your finances? Click the link ( to watch the full episode! #MoneyMakingMonday #CareerSeries4 #Finance #WomenInBusiness

MTN Nigeria

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#WATCH | Delhi: Shamika Ravi, Member, Economic Advisory Council to the Prime Minister, says, "This is an excellent platform that has been created between National Stock Exchange and India Habitat Centre. It's on financial literacy and why it is important for Viksit Bharat. Financial literacy means many things to many people, but it is like a core life skill. It's like learning how to drive, learning to swim, or something which will hold you in good stead. What is happening is that as the markets are developing, there are new kinds of products coming. There's a lot of digitisation, and people are not always aware. You are seeing more than 100 million people now in the equity markets who are trading and so on. This has not happened in the past. Now, each of these instruments also have inherent risks. So knowledge of that is very important and how to do financial planning. I think these are very, very important moving forward for individuals, for Indians. I'm very happy that they have started a platform like this...The MoU basically means that the two institutions will now run financial literacy modules more regularly. I have been assured that there is also a focus on senior citizens because we do have more than 120 million people above the age of 60..."

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Gupta: Can you explain what Covered California is? Soni: We cover about 2 million people—hard-working Californians who, for one reason or another, can’t get coverage through their employer, make a little too much to qualify for Medicaid, and aren’t old enough for Medicare. We fill that critical gap. About 90% of the people we serve need financial assistance to afford their premiums. Everyone on this call receives financial assistance through their employer to purchase coverage—this is essentially the equivalent for people on the exchange. However, that assistance is set to expire on December 31, 2025, just a few weeks away, and that’s putting people in a very difficult position…

Gupta: Can you explain what Covered California is? Soni: We cover about 2 million people—hard-working Californians who, for one reason or another, can’t get coverage through their employer, make a little too much to qualify for Medicaid, and aren’t old enough for Medicare. We fill that critical gap. About 90% of the people we serve need financial assistance to afford their premiums. Everyone on this call receives financial assistance through their employer to purchase coverage—this is essentially the equivalent for people on the exchange. However, that assistance is set to expire on December 31, 2025, just a few weeks away, and that’s putting people in a very difficult position…

Acyn

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On laughter generating common knowledge: "Laughter is--like eye contact, like direct speech--generates common knowledge. When you're laughing, you know it, because your breathing is interrupted. People around you know it, because they can hear the laughter. It interrupts your speech, and so people who are listening to you know that you're laughing, and you know that you're laughing. So it's generally common knowledge of something. What is that common knowledge? It's generally common knowledge of some infirmity, indignity, embarrassment, cause for humility. And the laughter makes that private knowledge of an infirmity common knowledge. There's something that we all knew compromised that person's dignity, stature. Now, we are all acknowledging it commonly, which means that that person's stature has gone down." Clip on laughter and common knowledge, the topic of my new book, from an interview with Robert Contofalsky (Robert Contofalsky) of R-Academy. -- When Everyone Knows That Everyone Knows . . .: Common Knowledge and the Mysteries of Money, Power, and Everyday Life:

On laughter generating common knowledge: "Laughter is--like eye contact, like direct speech--generates common knowledge. When you're laughing, you know it, because your breathing is interrupted. People around you know it, because they can hear the laughter. It interrupts your speech, and so people who are listening to you know that you're laughing, and you know that you're laughing. So it's generally common knowledge of something. What is that common knowledge? It's generally common knowledge of some infirmity, indignity, embarrassment, cause for humility. And the laughter makes that private knowledge of an infirmity common knowledge. There's something that we all knew compromised that person's dignity, stature. Now, we are all acknowledging it commonly, which means that that person's stature has gone down." Clip on laughter and common knowledge, the topic of my new book, from an interview with Robert Contofalsky (Robert Contofalsky) of R-Academy. -- When Everyone Knows That Everyone Knows . . .: Common Knowledge and the Mysteries of Money, Power, and Everyday Life:

Steven Pinker

42,797 Aufrufe • vor 8 Monaten

For India to do well, people must know how to manage their money—not just in metros but in smaller towns and villages. One way to ensure people in smaller towns learn a little about money is to teach people there. People naturally share knowledge given the closer bonds there, especially among women. So Karthik Rangappa 🇮🇳, through our education initiative, Varsity ran a two-day workshop in a small town called Chikkodi near the Karnataka-Mahrashtra border in association with Pankh India and Svatah. The two-day workshop aimed to create a safe space for women to discuss their specific financial issues and enable them to take charge of their finances. Their goals were simple: saving for children’s education, weddings, and their future. They left the workshop with a glimmer of hope in their eyes and a sense of confidence that they could now make better financial decisions. We intend to turn our learning and everything we used for training into a playbook that others can replicate elsewhere, either on their own or by collaborating with us. Link to the full video in the comments

For India to do well, people must know how to manage their money—not just in metros but in smaller towns and villages. One way to ensure people in smaller towns learn a little about money is to teach people there. People naturally share knowledge given the closer bonds there, especially among women. So Karthik Rangappa 🇮🇳, through our education initiative, Varsity ran a two-day workshop in a small town called Chikkodi near the Karnataka-Mahrashtra border in association with Pankh India and Svatah. The two-day workshop aimed to create a safe space for women to discuss their specific financial issues and enable them to take charge of their finances. Their goals were simple: saving for children’s education, weddings, and their future. They left the workshop with a glimmer of hope in their eyes and a sense of confidence that they could now make better financial decisions. We intend to turn our learning and everything we used for training into a playbook that others can replicate elsewhere, either on their own or by collaborating with us. Link to the full video in the comments

Nithin Kamath

130,499 Aufrufe • vor 2 Jahren

Phang: Good for Pritzker, good for Hochul, good for Newsom—good for these other Democratic governors who are saying, “You know what? F off.” We’re not going to let people in these other states—people who are under attack and trying to do the right thing for their constituents—go without support or a haven. And good for this idea of being creative—finding ways to help cover the financial and potential legal exposure—by all of the organizations and the people raising the money and making sure we’re staying on top of the litigation.

Phang: Good for Pritzker, good for Hochul, good for Newsom—good for these other Democratic governors who are saying, “You know what? F off.” We’re not going to let people in these other states—people who are under attack and trying to do the right thing for their constituents—go without support or a haven. And good for this idea of being creative—finding ways to help cover the financial and potential legal exposure—by all of the organizations and the people raising the money and making sure we’re staying on top of the litigation.

Acyn

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"The Wall Street Conspiracy 2" will highlight stock tickers $MMTLP, $AMC, $GME, and uncover the issue of naked shorting in the U.S. stock market. For this situation to be resolved, a major bank or prime broker of significant importance in the financial industry must collapse. We anticipate that institutions like Citadel may eventually face a collapse. Behind the scenes, Citadel appears to be facing financial challenges, continuously relying on borrowing money. They previously required a bailout with a 1 billion-dollar injection, marking the first time in their history they sought external investors. Citadel also recently borrowed 600 million and continues to seek additional funding, all while disseminating propaganda in the media to reassure their investors falsely about their financial well-being. We want to caution Citadel's investors that if the company were to collapse, there may be a risk of not recovering their investments.

InvestorTurf

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What is G advice to the administration to stop the fraud in the financial market - Make it a mandatory ten years in prison if you're caught naked short selling and never buy it back "..Anyone who naked shorts, their brokers, their prime brokers, anyone who helps facilitate a naked short, anyone who is any part of this crime, when we catch you you are going to jail. You're going to jail for a long time, no questions asked. You're robbing people. You're hurting public companies. You have no value. You're just a financial terrorist..." - G

What is G advice to the administration to stop the fraud in the financial market - Make it a mandatory ten years in prison if you're caught naked short selling and never buy it back "..Anyone who naked shorts, their brokers, their prime brokers, anyone who helps facilitate a naked short, anyone who is any part of this crime, when we catch you you are going to jail. You're going to jail for a long time, no questions asked. You're robbing people. You're hurting public companies. You have no value. You're just a financial terrorist..." - G

kristen shaughnessy

45,409 Aufrufe • vor 1 Jahr

Today, in the House of Assembly, I gave notice of a motion urging the Minister of Finance and Economic Promotion to take immediate action to end the exploitative practice by banks and mobile money operators of charging customers for simply checking their account balances. This unjust fee disproportionately affects low-income earners and vulnerable communities, many of whom rely on these platforms for basic financial services. At a time when we are striving to promote financial inclusion and expand access to digital banking, such practices only serve to deepen the inequality gap. I firmly believe that accessing one’s own financial information should be a right—not a privilege subject to fees. This is a bipartisan motion, and I believe it is one that members from all parties can and should support in the interest of fairness, justice, and economic empowerment.

Today, in the House of Assembly, I gave notice of a motion urging the Minister of Finance and Economic Promotion to take immediate action to end the exploitative practice by banks and mobile money operators of charging customers for simply checking their account balances. This unjust fee disproportionately affects low-income earners and vulnerable communities, many of whom rely on these platforms for basic financial services. At a time when we are striving to promote financial inclusion and expand access to digital banking, such practices only serve to deepen the inequality gap. I firmly believe that accessing one’s own financial information should be a right—not a privilege subject to fees. This is a bipartisan motion, and I believe it is one that members from all parties can and should support in the interest of fairness, justice, and economic empowerment.

Richard Tsvangirayi

21,399 Aufrufe • vor 1 Jahr

Interesting Books Reviewed on Smedley Butler's War is a Racket and eating your own vomit: "The tragic thing is that many people who follow along and have read a lot of similar material will, in spite of all this knowledge, still say, "Yeah, but we have to go fight this war in Iran." What is the point of all this knowledge if you're just going to turn right back around and eat your own vomit? To use a biblical analogy, it’s the dog that returns to its vomit. Once you've seen all of this for what it actually is, how can you possibly go back to that mindset?"

Interesting Books Reviewed on Smedley Butler's War is a Racket and eating your own vomit: "The tragic thing is that many people who follow along and have read a lot of similar material will, in spite of all this knowledge, still say, "Yeah, but we have to go fight this war in Iran." What is the point of all this knowledge if you're just going to turn right back around and eat your own vomit? To use a biblical analogy, it’s the dog that returns to its vomit. Once you've seen all of this for what it actually is, how can you possibly go back to that mindset?"

Danny Roddy

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Karl Popper on How We Gain Knowledge: ––Karl Popper: "People think, usually, that we acquire knowledge by opening our eyes and our ears and let the sensations stream into us, and they believe then that we record this like a camera. In my opinion, if we wish to get knowledge, we have to have a problem. It has to be knowledge of something. We have to find out something. We don't have to wait for information to stream into us, but we have to be inquisitive if we want to get knowledge. If we were passive, we would gain a confused mass of sensations or something like that, which we would hardly be able to understand and to convert into what one may call knowledge. Quite apart from that, perception is not really, in my opinion, the main source of our knowledge. The role of perception is to inform us about a momentary situation in our environment. But we couldn't really interpret our perceptions without knowing much more about our environment, namely, we know whether we are in a house or whether we are in a glacier. So we have two kinds of knowledge: this wider knowledge of a frame in which we orientate ourselves, and the momentary perception which gives us information about the situation at that particular moment. And it is only this situation in which we can use our perception. So we have theoretical knowledge and, if you like, the momentary practical challenge to our theoretical knowledge. And here comes perception in."

Karl Popper on How We Gain Knowledge: ––Karl Popper: "People think, usually, that we acquire knowledge by opening our eyes and our ears and let the sensations stream into us, and they believe then that we record this like a camera. In my opinion, if we wish to get knowledge, we have to have a problem. It has to be knowledge of something. We have to find out something. We don't have to wait for information to stream into us, but we have to be inquisitive if we want to get knowledge. If we were passive, we would gain a confused mass of sensations or something like that, which we would hardly be able to understand and to convert into what one may call knowledge. Quite apart from that, perception is not really, in my opinion, the main source of our knowledge. The role of perception is to inform us about a momentary situation in our environment. But we couldn't really interpret our perceptions without knowing much more about our environment, namely, we know whether we are in a house or whether we are in a glacier. So we have two kinds of knowledge: this wider knowledge of a frame in which we orientate ourselves, and the momentary perception which gives us information about the situation at that particular moment. And it is only this situation in which we can use our perception. So we have theoretical knowledge and, if you like, the momentary practical challenge to our theoretical knowledge. And here comes perception in."

Karl Popper Quotes

115,054 Aufrufe • vor 3 Monaten

Brian Preston and Bo Hanson on when financial advisors actually make sense: Asked whether anyone should hire a financial advisor if investing is "really as simple as just buying an index fund consistently," they push back on the framing itself. "Buying an index fund is just one part of the financial planning process. It's the investment part." They're quick to admit that most people don't need to pay a professional: "We don't think that everyone needs a financial advisor with all the information out there on podcasts and YouTube channels and books and blogs. There's so much great free information out there that a lot of people can self-manage for a long time." So when does hiring an advisor actually make sense? They break it down into three specific scenarios: 1. The gravity of your decisions becomes uncomfortable. "If I make a 10% mistake on $10,000, it's not going to change my life. If I make a 10% mistake on a million dollars, well, now I'm starting to impact my livelihood. Now, that might be more than I save in a year, more than I make in a year." 2. Your life becomes financially complicated. "You used to have a two-page tax return and now you have a 100-page tax return or you might have options and RSUs and ESP or you are wondering about what your estate documents should look like… You're an expert in your field in your vocation but you don't know all the financial planning stuff." 3. You have the smarts but not the time. "Maybe you're super super smart and you can do it on your own. And the complexity doesn't even really frighten you, but what you found is you just don't have time to put the energy and effort and attention into it that you would like to. And so naturally, because you have all these other things going on, personal finances falls on the back burner." The common thread? Clients reach out wanting a second set of eyes from someone who has navigated their next stage many times before: "I want someone who's done it a hundred times so they can tell me, 'Hey, what are the things to look out for? What are the pitfalls I should have?'" But if you're early in your career, the advice is refreshingly direct: "It's not super complicated to figure out, hey, I need to make a good income, live on less than I make, follow the financial order of operations, put my money to work, and every dollar that I can save is going to be way more valuable going into my portfolio or funding my financial goals than paying a financial advisory fee."

Brian Preston and Bo Hanson on when financial advisors actually make sense: Asked whether anyone should hire a financial advisor if investing is "really as simple as just buying an index fund consistently," they push back on the framing itself. "Buying an index fund is just one part of the financial planning process. It's the investment part." They're quick to admit that most people don't need to pay a professional: "We don't think that everyone needs a financial advisor with all the information out there on podcasts and YouTube channels and books and blogs. There's so much great free information out there that a lot of people can self-manage for a long time." So when does hiring an advisor actually make sense? They break it down into three specific scenarios: 1. The gravity of your decisions becomes uncomfortable. "If I make a 10% mistake on $10,000, it's not going to change my life. If I make a 10% mistake on a million dollars, well, now I'm starting to impact my livelihood. Now, that might be more than I save in a year, more than I make in a year." 2. Your life becomes financially complicated. "You used to have a two-page tax return and now you have a 100-page tax return or you might have options and RSUs and ESP or you are wondering about what your estate documents should look like… You're an expert in your field in your vocation but you don't know all the financial planning stuff." 3. You have the smarts but not the time. "Maybe you're super super smart and you can do it on your own. And the complexity doesn't even really frighten you, but what you found is you just don't have time to put the energy and effort and attention into it that you would like to. And so naturally, because you have all these other things going on, personal finances falls on the back burner." The common thread? Clients reach out wanting a second set of eyes from someone who has navigated their next stage many times before: "I want someone who's done it a hundred times so they can tell me, 'Hey, what are the things to look out for? What are the pitfalls I should have?'" But if you're early in your career, the advice is refreshingly direct: "It's not super complicated to figure out, hey, I need to make a good income, live on less than I make, follow the financial order of operations, put my money to work, and every dollar that I can save is going to be way more valuable going into my portfolio or funding my financial goals than paying a financial advisory fee."

Big Brain Investing

15,169 Aufrufe • vor 3 Monaten

I am so tired of this gossip, constant arguments, divisions, dramas... everyone is trying to prove that they have a monopoly on knowledge and opinion. Everyone is trying to throw mud at others. And our enemy is only happy about it. Do you know what is truly important now? Children who continue to die under the blows of russian missiles and bombs! Do you know what else is important? Our defenders, who continue to fight russian terror and aggression at the cost of their blood and lives, but increasingly see betrayal... when they give their lives for their land, their people. For the freedom of Ukraine and Europe from the russian plague. But they see how political hypocrites play with their lives. All this is much more important than all these dramas on social networks, fatigue and everything else. All these problems pale in comparison to the deaths of thousands of innocent people. Who just want to live peacefully on their land, raise their children... and see a future for themselves. Human lives are the most important thing in this world. But why do people act as if there is something more valuable?

I am so tired of this gossip, constant arguments, divisions, dramas... everyone is trying to prove that they have a monopoly on knowledge and opinion. Everyone is trying to throw mud at others. And our enemy is only happy about it. Do you know what is truly important now? Children who continue to die under the blows of russian missiles and bombs! Do you know what else is important? Our defenders, who continue to fight russian terror and aggression at the cost of their blood and lives, but increasingly see betrayal... when they give their lives for their land, their people. For the freedom of Ukraine and Europe from the russian plague. But they see how political hypocrites play with their lives. All this is much more important than all these dramas on social networks, fatigue and everything else. All these problems pale in comparison to the deaths of thousands of innocent people. Who just want to live peacefully on their land, raise their children... and see a future for themselves. Human lives are the most important thing in this world. But why do people act as if there is something more valuable?

Igor Kyivskyi

303,851 Aufrufe • vor 1 Jahr

40% of Americans own nothing in a retirement account. Think about the pressure that creates. We have a financially illiterate population and we don’t teach financial literacy in school. If you’re financially literate, I urge you not to look down on those people. Figure out how to educate them. More financially literate people means more self-sustaining people seeking their own aspirations. The Trump Accounts are a step in the right direction, but here’s what I’d say is more important than a thousand dollars in a savings account. Good food in the schools, sustainable education, and basic healthcare for kids. A child who goes to school hungry can’t think and can’t become the financially literate adult we’re hoping for. Deal with the world the way it is, not the way it should be. And right now, any step toward financial inclusion is a good one.

40% of Americans own nothing in a retirement account. Think about the pressure that creates. We have a financially illiterate population and we don’t teach financial literacy in school. If you’re financially literate, I urge you not to look down on those people. Figure out how to educate them. More financially literate people means more self-sustaining people seeking their own aspirations. The Trump Accounts are a step in the right direction, but here’s what I’d say is more important than a thousand dollars in a savings account. Good food in the schools, sustainable education, and basic healthcare for kids. A child who goes to school hungry can’t think and can’t become the financially literate adult we’re hoping for. Deal with the world the way it is, not the way it should be. And right now, any step toward financial inclusion is a good one.

Anthony Scaramucci

35,636 Aufrufe • vor 5 Tagen

$HOOD ROBINHOOD CEO VLAD TENEV: "We're very focused on making sure that everyone hears about Trump Accounts and encouraging people to tell their friends and loved ones that these accounts are there." Whether or not you support the Trump adminstration, if you care about capital markets, this policy is a SLAM DUNK. American youth do not care about markets or financial literacy and this is really a structural problem around incentives and education. Giving people a tiny piece of the greatest economy in the world and letting them see it grow is an INCREDIBLE way to get them to think more positively about markets and discover the life changing opportunities that exist within them. As a $HOOD shareholder...man. This is so, so bullish. The design of these Trump accounts were developed by Robinhood. The sleek feel and easy UI to interact with is all Robinhood. The accounts themselves on HOOD's platform will compound their AUM growth but more importantly, the fact that the US gov chose Robinhood to play such a big role here...this is not your average financial institution. They are on the cutting edge of everything happening in financial markets on a global scale and the fact that their brand is so intimately tied with America's youth getting a piece of the stock market at birth is just incredible...Vlad is on a mission. LFG.

amit

169,062 Aufrufe • vor 21 Tagen

Me: I discuss in the book—it refers to the state where I know something, you know something, I know that you know it, you know that I know it, I know that you know that I know it, and so on ad infinitum. So it differs a bit from the conventional usage, which just refers to something that everyone knows. Here, everyone has to know that everyone knows. Times Radio Interviewer (Daniel Finkelstein Daniel Finkelstein): Can I use this with reference to the interview that I did yesterday with my brother? My brother’s a professor at City University; he’s president of the university, and there’s a campaign at the moment going on against one of their professors who was in the Israeli Defense Forces in the 1980s. We were having a discussion about how the university was standing up for the free speech of its staff, and I’d begun to wonder, as I went home reading your book on the tube, whether I’d made a big mistake—because the protest against this professor is really just a coordination exercise, isn’t it? And maybe I’d aided it by talking about it. Me: Oh yes—protests are coordination exercises. They’re designed to make private knowledge common knowledge. So, in a repressive regime, everyone may know that they despise the government, but because criticism of the government is punished, people might keep their opinions to themselves, with a result that they really don’t know what their fellow citizens think. Each one might think that they’re the only ones that are disgruntled, and so they can’t fear standing up to—they fear standing up to oppose the regime, because they can be picked off one at a time. If everyone were to protest at once, no government has the firepower to intimidate all its citizens at once. In a public protest, people can see other people there, and they know that the people there see other people there, and that can give them the strength and numbers to oppose the regime—sometimes by literally storming the palace, or sometimes just bringing the machinery of the state to a halt through work stoppages. But the crucial thing is that they are coordinated. They can only be coordinated if everyone knows that everyone knows that they hate the regime. Daniel Finkelstein: I suppose that social media is making people—is increasing the stock of common knowledge. We’re all much more aware of what other people like us, in particular like us, know, and we also know that other people know it, and so on, as you put it, and that makes people have more common knowledge. It’s not making us happier though; maybe we’d be better with less common knowledge? Me: Social media are making us more connected within certain circles—that is, those who are receiving the same texts and feeds that we are. It reduces the pool of, or shrinks the largest pool of common knowledge, namely the whole country, which may have been accessible in a day in which, say, in the United States there were three networks, or in Britain everyone was listening to the BBC. And yes, it probably doesn’t make us as happy, because when everything is public, it means that your reputation is on the line for anything you say or do. It means that since social media allow us to generate common knowledge, not just receive it like in the old days, it means that attacks on people’s reputation can be common knowledge, which means that it’s all the more painful for people on the receiving end of the attack. It may have something to do with the fact that in certain demographics—especially young people whose lives increasingly are online—that there’s that much more social competition, opportunities for gossip and ostracism and demeaning comments, and so on. When Everyone Knows That Everyone Knows . . .: Common Knowledge and the Mysteries of Money, Power, and Everyday Life:

Me: I discuss in the book—it refers to the state where I know something, you know something, I know that you know it, you know that I know it, I know that you know that I know it, and so on ad infinitum. So it differs a bit from the conventional usage, which just refers to something that everyone knows. Here, everyone has to know that everyone knows. Times Radio Interviewer (Daniel Finkelstein Daniel Finkelstein): Can I use this with reference to the interview that I did yesterday with my brother? My brother’s a professor at City University; he’s president of the university, and there’s a campaign at the moment going on against one of their professors who was in the Israeli Defense Forces in the 1980s. We were having a discussion about how the university was standing up for the free speech of its staff, and I’d begun to wonder, as I went home reading your book on the tube, whether I’d made a big mistake—because the protest against this professor is really just a coordination exercise, isn’t it? And maybe I’d aided it by talking about it. Me: Oh yes—protests are coordination exercises. They’re designed to make private knowledge common knowledge. So, in a repressive regime, everyone may know that they despise the government, but because criticism of the government is punished, people might keep their opinions to themselves, with a result that they really don’t know what their fellow citizens think. Each one might think that they’re the only ones that are disgruntled, and so they can’t fear standing up to—they fear standing up to oppose the regime, because they can be picked off one at a time. If everyone were to protest at once, no government has the firepower to intimidate all its citizens at once. In a public protest, people can see other people there, and they know that the people there see other people there, and that can give them the strength and numbers to oppose the regime—sometimes by literally storming the palace, or sometimes just bringing the machinery of the state to a halt through work stoppages. But the crucial thing is that they are coordinated. They can only be coordinated if everyone knows that everyone knows that they hate the regime. Daniel Finkelstein: I suppose that social media is making people—is increasing the stock of common knowledge. We’re all much more aware of what other people like us, in particular like us, know, and we also know that other people know it, and so on, as you put it, and that makes people have more common knowledge. It’s not making us happier though; maybe we’d be better with less common knowledge? Me: Social media are making us more connected within certain circles—that is, those who are receiving the same texts and feeds that we are. It reduces the pool of, or shrinks the largest pool of common knowledge, namely the whole country, which may have been accessible in a day in which, say, in the United States there were three networks, or in Britain everyone was listening to the BBC. And yes, it probably doesn’t make us as happy, because when everything is public, it means that your reputation is on the line for anything you say or do. It means that since social media allow us to generate common knowledge, not just receive it like in the old days, it means that attacks on people’s reputation can be common knowledge, which means that it’s all the more painful for people on the receiving end of the attack. It may have something to do with the fact that in certain demographics—especially young people whose lives increasingly are online—that there’s that much more social competition, opportunities for gossip and ostracism and demeaning comments, and so on. When Everyone Knows That Everyone Knows . . .: Common Knowledge and the Mysteries of Money, Power, and Everyday Life:

Steven Pinker

21,547 Aufrufe • vor 6 Monaten

When people are asked how they’re doing, the default answer is to say “OK” and move on. When they are actually honest about it, people should listen. What Dan Bongino has given up in pursuit of country is immeasurable. Both financial and, more important, personal. There is no greater sacrifice that anyone can make beyond time with family. But everyone needs to remember who Dan is, what he is sacrificed, and how frustrating it must be for him as well. When someone is a bad faith actor, like a Comey, you can impute ill intentions. But when someone is a proven good-faith actor, any professional criticism should not be confounded with impugning integrity We all have high expectations of Dan, which is both his blessing and a curse. We should all keep the administrations’s feet to the fire. But remember not to treat friends like enemies.

When people are asked how they’re doing, the default answer is to say “OK” and move on. When they are actually honest about it, people should listen. What Dan Bongino has given up in pursuit of country is immeasurable. Both financial and, more important, personal. There is no greater sacrifice that anyone can make beyond time with family. But everyone needs to remember who Dan is, what he is sacrificed, and how frustrating it must be for him as well. When someone is a bad faith actor, like a Comey, you can impute ill intentions. But when someone is a proven good-faith actor, any professional criticism should not be confounded with impugning integrity We all have high expectations of Dan, which is both his blessing and a curse. We should all keep the administrations’s feet to the fire. But remember not to treat friends like enemies.

Viva Frei

134,601 Aufrufe • vor 1 Jahr

Chad Ochocinco says he saved 83% of his $49,000,000 NFL salary and refuses to let financial advisors who "never made it" tell him what to do with it "You don't know who to tell no to. You got all these investment people. You know how many horror stories there are about NFL players that invest in companies?" "The best investment person is yourself. Do your homework. You don't need all these people because if they knew… name one investment person that's in a position that's rich" "Don't tell me how to handle my money when you haven't made it yet, to give me an example of what I should do. We put our money in too many people's hands. You don't know what's going on"

Chad Ochocinco says he saved 83% of his $49,000,000 NFL salary and refuses to let financial advisors who "never made it" tell him what to do with it "You don't know who to tell no to. You got all these investment people. You know how many horror stories there are about NFL players that invest in companies?" "The best investment person is yourself. Do your homework. You don't need all these people because if they knew… name one investment person that's in a position that's rich" "Don't tell me how to handle my money when you haven't made it yet, to give me an example of what I should do. We put our money in too many people's hands. You don't know what's going on"

katsu

1,239,182 Aufrufe • vor 1 Monat

Ready For Your Jaw Hit The Floor? This woman heard Jamie Dimon, the CEO of JP Morgan, the largest bank in America on the Wall Street Journal’s podcast What she heard was so “f*cking out of touch” with America she had to stop what she was doing & make this video He said this about America: Question asked to him, “As the chief exec of America's biggest bank, you have an unrivaled insight into the financial health of the US consumer. What are people doing with their money right now?” Jamie Dimon’s response “Yeah, you have to look a little bit in context. The consumer's in pretty good shape right now. The consumer has, you know, unemployment under 4% has been there for two years. They still have excess money from COVID. — They're still spending it down. Housing prices are up, stock prices are up, jobs are plentiful.” Creator: “I'm sorry, what? The stimulus checks, the ones that went out in 2020 and 2021, three and four years ago, we're still spending it down? Who is he talking about? People are not doing well. This country is literally unaffordable. Child care, groceries, you've got colleagues out here telling us to eat fucking cereal for dinner. Everything is up in price. Even for those who are making ends meet and are able to still save, we have to be conscious as fuck to where you're putting your money because nothing is at a good price. What does he mean the consumer is doing well? Like these are the biggest decision makers in our financial systems. These are the people who work with Congress and who are talking about how do we create like a soft landing of inflation and He thinks we're doing okay. Like, guys, this is scary. I mean, it's been f*cking scary. Let's be real. No one's surprised” The CEO of the largest bank in America still thinks you have money from your Covid checks…. It’s almost unfathomable how out of touch with reality these people are.

Ready For Your Jaw Hit The Floor? This woman heard Jamie Dimon, the CEO of JP Morgan, the largest bank in America on the Wall Street Journal’s podcast What she heard was so “fcking out of touch” with America she had to stop what she was doing & make this video He said this about America: Question asked to him, “As the chief exec of America's biggest bank, you have an unrivaled insight into the financial health of the US consumer. What are people doing with their money right now?” Jamie Dimon’s response “Yeah, you have to look a little bit in context. The consumer's in pretty good shape right now. The consumer has, you know, unemployment under 4% has been there for two years. They still have excess money from COVID. — They're still spending it down. Housing prices are up, stock prices are up, jobs are plentiful.” Creator: “I'm sorry, what? The stimulus checks, the ones that went out in 2020 and 2021, three and four years ago, we're still spending it down? Who is he talking about? People are not doing well. This country is literally unaffordable. Child care, groceries, you've got colleagues out here telling us to eat fucking cereal for dinner. Everything is up in price. Even for those who are making ends meet and are able to still save, we have to be conscious as fuck to where you're putting your money because nothing is at a good price. What does he mean the consumer is doing well? Like these are the biggest decision makers in our financial systems. These are the people who work with Congress and who are talking about how do we create like a soft landing of inflation and He thinks we're doing okay. Like, guys, this is scary. I mean, it's been fcking scary. Let's be real. No one's surprised” The CEO of the largest bank in America still thinks you have money from your Covid checks…. It’s almost unfathomable how out of touch with reality these people are.

Wall Street Apes

2,281,222 Aufrufe • vor 2 Jahren