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The Kelly Criterion (ft. Naval Ravikant)
The Kelly criterion is a
Very popularized mathematical formulation
Of a simple concept
And the simple concept is
[Chorus]
Don't risk everything
Stay outta jail
Don't risk everything
'Cause you could just lose everything
Don't risk everything
Avoid ruin
Don't risk everything
'Cause you could just lose everything
Don't bet everything on one big gamble
Just be very careful how much you bet each time
So you don't lose the whole kitty
The Kelly criterion mathematically formulates
If you're a gambler
Read More
Very popularized mathematical formulation
Of a simple concept
And the simple concept is
[Chorus]
Don't risk everything
Stay outta jail
Don't risk everything
'Cause you could just lose everything
Don't risk everything
Avoid ruin
Don't risk everything
'Cause you could just lose everything
Don't bet everything on one big gamble
Just be very careful how much you bet each time
So you don't lose the whole kitty
The Kelly criterion mathematically formulates
If you're a gambler
There Are No Get Rich Quick Schemes (ft. Naval Ravikant)
(Get rich quick was in the air)
There are no get-rich-quick schemes
That's just someone else getting rich off you
There are no get-rich-quick schemes
That's just someone else getting rich off you
This goes back to the world being an efficient place
If there's an easy way to get rich
It's already been exploited
There are a lotta people
Who will sell you ideas and schemes
On how to make money
But they're just always selling you
Some $ 79.95 course
Or some audiobook
Or some seminar
Which is fine everyone needs to eat
People need to make a living
They might actually have really good tips
Read More
There are no get-rich-quick schemes
That's just someone else getting rich off you
There are no get-rich-quick schemes
That's just someone else getting rich off you
This goes back to the world being an efficient place
If there's an easy way to get rich
It's already been exploited
There are a lotta people
Who will sell you ideas and schemes
On how to make money
But they're just always selling you
Some $ 79.95 course
Or some audiobook
Or some seminar
Which is fine everyone needs to eat
People need to make a living
They might actually have really good tips
A Calm Mind A Fit Body And A House Full Of Love (ft. Naval Ravikant)
You might want to ask yourself
Did I find what I was looking for?
The things that you really want in life
Yes, money will solve all your money problems
But it doesn't get ya everywhere
The first thing you'll realize
When you've made a bunch of money is
That you're still the same person
If you're happy, you're happy
If you're unhappy, you're unhappy
If you're calm and fulfilled and peaceful
You're still that same person
I know lots of very rich people
Who are extremely outta shape
I know lots of rich people
Who have really bad family lives
I know lots of rich people who are internally a mess
Read More
Did I find what I was looking for?
The things that you really want in life
Yes, money will solve all your money problems
But it doesn't get ya everywhere
The first thing you'll realize
When you've made a bunch of money is
That you're still the same person
If you're happy, you're happy
If you're unhappy, you're unhappy
If you're calm and fulfilled and peaceful
You're still that same person
I know lots of very rich people
Who are extremely outta shape
I know lots of rich people
Who have really bad family lives
I know lots of rich people who are internally a mess
Opportunity (ft. Berton Braley)
With doubt and dismay your are smitten
You think there's no chance for you, son?
Why, the best books haven't been written
The best race hasn't been run
The best score hasn't been made yet
The best song hasn't been sung
The best tune hasn't been played yet
Cheer up, for the world is young!
No chance? Why the world is just eager
For things that you ought to create
Its store of true wealth is still meager
Its needs are incessant and great
It yearns for more power and beauty
More laughter more love and romance
More loyalty, labor and duty
No chance - why there's nothing but chance!
Read More
You think there's no chance for you, son?
Why, the best books haven't been written
The best race hasn't been run
The best score hasn't been made yet
The best song hasn't been sung
The best tune hasn't been played yet
Cheer up, for the world is young!
No chance? Why the world is just eager
For things that you ought to create
Its store of true wealth is still meager
Its needs are incessant and great
It yearns for more power and beauty
More laughter more love and romance
More loyalty, labor and duty
No chance - why there's nothing but chance!
LOSERS (ft. Wes Watson)
[Chorus]
Losers have goals and dreams
Loser
Winners
Have systems
Lo-Losers have goals and dreams
Loser
Winners
Have systems
And these systems
Have been around forever
Been around forever
Have been around forever
Losers have goals and dreams
Loser
Winners
Have systems
The same system to getting fit
Getting rich, changing your physique
Has been around forever
Read More
Losers have goals and dreams
Loser
Winners
Have systems
Lo-Losers have goals and dreams
Loser
Winners
Have systems
And these systems
Have been around forever
Been around forever
Have been around forever
Losers have goals and dreams
Loser
Winners
Have systems
The same system to getting fit
Getting rich, changing your physique
Has been around forever
The Government Should Fear The People (ft. Nick Rekieta)
Let me preface this
Let me preface this
Really quickly
With saying
One important thing
Before we start
[Chorus]
The Government should fear
The People
The Government should fear
The People
The Government
Should fear
The People
100% of the time
Of the time
Unironically
And without a hint
Read More
Let me preface this
Really quickly
With saying
One important thing
Before we start
[Chorus]
The Government should fear
The People
The Government should fear
The People
The Government
Should fear
The People
100% of the time
Of the time
Unironically
And without a hint
MY FAVOURITE STORIES (ft. Joe Rogan)
A lot of people say, oh
I just want to sort a
They're kind of dabbling
In the idea of improving themselves
And the real way to do it is
You gotta write down
What the fuck you want
And then go after it
You are in the part of the movie that starts
And it shows you as a fucking loser
Just decide not to be a loser anymore
(Just-Just decide not to be a loser anymore)
Live your life like there's a documentary crew
Following you around
And you are analyzing your own behaviour
Do, do what you would want to do
So that your kids one day would look back at it
And see that documentary
Read More
I just want to sort a
They're kind of dabbling
In the idea of improving themselves
And the real way to do it is
You gotta write down
What the fuck you want
And then go after it
You are in the part of the movie that starts
And it shows you as a fucking loser
Just decide not to be a loser anymore
(Just-Just decide not to be a loser anymore)
Live your life like there's a documentary crew
Following you around
And you are analyzing your own behaviour
Do, do what you would want to do
So that your kids one day would look back at it
And see that documentary
INVICTUS
Out of the night that covers me
Black as the pit from pole to pole
I thank whatever gods may be
For my unconquerable soul
In the fell clutch of circumstance
I have not winced nor cried aloud
Under the bludgeonings of chance
My head is bloody, but unbowed
Beyond this place of wrath and tears
Looms but the Horror of the shade
And yet the menace of the years
Finds and shall find me unafraid
It matters not how strait the gate
How charged with punishments the scroll
Read More
Black as the pit from pole to pole
I thank whatever gods may be
For my unconquerable soul
In the fell clutch of circumstance
I have not winced nor cried aloud
Under the bludgeonings of chance
My head is bloody, but unbowed
Beyond this place of wrath and tears
Looms but the Horror of the shade
And yet the menace of the years
Finds and shall find me unafraid
It matters not how strait the gate
How charged with punishments the scroll