Practical Advice for Everyone
A few weeks ago I posted the 10 rules for life that Michael Saylor shared on his last episode of What Bitcoin Did , he wrapped up his amazing list by calling it theoretical, and then offering next 3 points of practical advice, and they were also inspiring and worth remembering.
tldr;
Study More History.
History provides valuable perspectives and insights into human nature, societies, and the patterns of the past. By studying history, we develop empathy and a better understanding of current events. Recognizing that history repeats itself, we become less easily manipulated and can make informed decisions. While not all mathematical concepts are directly applicable, the ability to think multidimensionally and understand nonlinear relationships is beneficial. With advanced technologies and AI, focus on developing a conceptual understanding rather than mastering technical techniques.
Rome fell, and the sun does set on the British empire.
Understand, and Use, Applied Statistics
Applied statistics is an essential skill for success in business, politics, and life. Understanding the significance of data and statistics helps us make informed decisions. By comparing probabilities, we can prioritize risks, evaluate interventions, and avoid iatrogenic consequences. Statistics is crucial in areas such as business operations, purchasing decisions, governance, and risk assessment. Leaders must consider statistical likelihoods and potential consequences when making impactful choices. Developing statistical literacy enables us to assess the true impact of events, interventions, and risks, ensuring more effective decision-making.
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Take Advantage of New Technology Early
Throughout history, new technologies and platforms have emerged, offering unique opportunities for those who embrace them early. Identifying the extraordinary tools of our time allows us to leave a lasting impact. From classic rock bands to advancements in computing and the rise of AI, being at the forefront brings exponential advantages. Today's explosion of AI and digital tools provides unprecedented creative possibilities, allowing us to curate our own content and pursue various artistic endeavors. Embracing new platforms, adapting to changing paradigms, and leveraging technology maximizes our productivity and potential for success. Don't replicate previous generations' successes, but forge your own path.
Michael Saylor was a tremendous part of my ???? journey. I was already following Anthony Pompliano very closely when 微策略 announced their initial $250m investment, and Pomp's conversations with Saylor where really what put me over the edge. Blessed to have met him at the The Digital Chamber summit in May 2022, and then watched him orange pill a Senator, at a private dinner Dennis Porter , CEO of the Satoshi Action Fund arranged, Saylor continues to be a major influence.
The recent conversation with Peter McCormack was inspiring, but not the first time Saylor had given his 10 rules, he tells the story with Peter about being solicited for this advice at a wedding, he also tweeted about it in August 2021.
Here's a link to the recent WBD podcast, and below is that tweet.
Saylor Says: