As someone who admittedly is not a fan of “cleaning up,” I’ve been forced to clean a lot these past few months because of the pandemic. Having access to a regularly scheduled cleaning session has been challenging, eating out not as convenient so I’ve had to cook more, and overall living in the unit more requires more cleaning. Turns out if you make cleaning a part of your daily habit, it’s not as hard keeping things clean as the previous biweekly effort. The sum of all daily cleaning efforts and cost is less than the sum of all biweekly cleaning efforts and cost by a long shot.
When assets gain in value by multiples of the original price, it’s usually because the public has mispriced or not properly anticipated the value creation moment. There could be a number of reasons for this, although the public seems convinced it’s usually based on random luck. While things appear to be arbitrary, it’s likely you may not be observing them from the right perspective. If you’re forcing a view that’s not there, the lesson could be very painful for you. On the other hand, if you don’t understand the view but can appreciate the momentum, you can capture a lot of the value. Humility is key.
There’s no number to text when you’re running late to catch a train. Some see this as a limitation of the service, but it is this very feature that makes them mostly dependable. Sacrificing your personal convenience for a collectively cheaper ride is a fair trade. Next time you’re running late to catch a train, remember what you’re giving up.
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