#magic #JKRowling

Eid Mubarak to Muslim folks!

#criticalthinking #einstein @talks

#criticalthiking #researchFirst

⬛️ Today I’d like to Talk about critical thinking in money-making💸.
Have you ever seen books with titles like "How to become a millionaire"? Did u ever wonder that it's impossible? What idiot would open you a secret of becoming rich for 5-10 bucks? And how could it be a secret if thousands of people bought this book?
If you knew a secret of making a fortune you might have shared it with best friend, wife or parents. Not the whole world!
I do not give u advice on how to become rich, because I'm not rich, but I can give u advice how not to be poor. Do not waste your time on advices from people who became rich by selling books about getting rich. It takes much less time to Google background of an author than wasting a lot of it by reading whole book and wasting your money.
This also has to do with hundreds of Crypto channels out there that promise u that they'll make u rich by signing up. Promissing they'll pick the best crypto currency to invest. And then they advertise scam ICOs to all of dummies to invest or they suggest coins which they have bought themselves to sell them on profit to You.

As a rule of thumb -Do not buy loud titles, they're 99,999% bullshit!

More over most of the public "financial analysts" or gurus do not make good predictions - that's not their job. Their job is to sell you something. Usually when you go over their "prediction" record - results are SOO bad that even a monkey would pick better prediction by throwing darts at board with predictions 🐒+🎯=📈.
Script of TV/Youtube Investment Guru goes like this: talk a lot; throw out numbers and percentages; use specialized jargon to sound professional; give condradicting predictions( "it might go up, but it might go down) and in 3-4 months say "see! I told you it will go up/down!" and most people would "eat" it without checking.
A succesful invesment guru can talk about general ideas, but won't give you any specific predictions for free and not going to sell you any course on how to invest, but these general ideas are still more valuable than Celebrity Analyst's predictions.

Ultimatly you will have to do your own long an meticulous research and take your own responsibility. If got it right - your research methodology is working, if you got it wrong - reflect and adjust your research. Tip from top venture investment fund(forgot the name): Get a research partner, when you want to invest into project study it together and ask you partner to attack project in a debate. If you still feel confident about project after debate then grab your balls and pull the trigger. 🔫

The real money-making secret would be the secret that You discovered Yourself and to do it You should trust Your own research more than anyone else's. Buffet says that to be successful in investing one doesn't need IQ higher than 85 and I believe that @talks subscribers are much smarter than that 😉.

And lastly check out 🔽example the kind of project YOU SHOULD NEVER EVER INVEST! 🚫📛⛔️ 😂
P.S I still can't believe some people lost their life savings by investing into this project 🤦🏻‍♂️
https://youtu.be/xK3yuxrmCac

"Satoshi Nakamoto is a modern day Prometheus who stole fire from gods and gave it to men. Unlike Prometheus, he was smart enough to disappear." Andreas M. Antonopoulos #Bitcoin #FinancialFreedom

It's possible to quit office 9-5 job, live near the sea and be your own boss. But you have to pay the price.
Collar of a slave is always lighter than a warrior's armor.

⬛️ Hey folks ! Going back to post about tools of thinking. Here's one of them. It's called deduction. It's a form of logical thinking when go specific conclusion from the general conclusion.
For example:
All cats have a tails. Fluffy is a cat, so Fluffy has a tail.

This method has been popularised by Sherlok Holmes, but it's not as easy as it seems.😂
https://youtu.be/eKQOk5UlQSc

Collar of a slave is always lighter than a warrior's armor. #freedom #discipline #responsibility @talks

⬛️ Hey folks! So we continue with quest for the tools of good critical thinking. Next stop is a tool i personally don't know much about(yet). You must have heard about this thing it's called Game Theory.
Apparently this theory has been used in not only modern social sciences(Economics, Psychology, Sociology etc), but also in technical areas like Computer science.
This concept was first popularised in a movie "Beutiful mind". This movie is about a genious matematician John Nash, who developed Nash Algorithm which is used in Game Theory for which he won a Noble Prize in Economics.
https://youtu.be/KT4fujOmPF8

P.S. Obviously clip gives you only a little taste of what Game Theory is all about, but if you're interested in learning more you should join a free course on Coursera(just like I did).

Football is clearly a new and most dominant religion.

#money #governance #Rothschild

A newspaper headline, encoded into the coinbase of first block of Bitcoin:000000000019d6689c085ae165831e934ff763ae46a2a6c172b3f1b60a8ce26f

❓Lets see how you folks think. Imagine scenario:
You are members of a criminal gang. You and your partner are arrested and imprisoned. Each prisoner is separated with no means of communicating with the other. If you and your partner both stay silent, you both get 1 year in prison each. Simultaneously, the prosecutors offer each prisoner a bargain - if you betray your partner and tell that he commited crime and you're innocent = you are free, but he gets 3 years in prison or if he betrays you and you stay silent= you get 3 years, he's free. If you both betray each other = you both get 2 years in prison each.
What would you choose ?

I choose:
anonymous poll

Stay silent 😶 – 87
👍👍👍👍👍👍👍 81%

Betray 🗣👮‍♀️ – 20
👍👍 19%

👥 107 people voted so far.

If I decide to create criminal gang I should recruit you folks 😂

⬛ This test is called the prisoners dilemma and its studied by Game Theory.
As you can see there's no outcome for all of the participats to be free. Just like in life we don't always have a chance of choosing good option vs bad. Sometimes it's bad vs bad and you have to choose lesser of evil.
Below video explains game and helps to choose the dominant strategy.
https://youtu.be/t9Lo2fgxWHw

Do you think that it's possible that Trump🇺🇸 is Russian🇷🇺 spy ?