Early Retirement Extreme Forums

black_son_of_gray wrote: ↑

Mon Jul 09, 2018 7:24 am

What a great share BSOG. That guy is awesome. He’s clearly Austrian in his economic understanding, a systems thinker. A man of integrity. Lots of great nuggets and themes in there- the lies being told by the government and the media, the lack of fiduciary responsibility of financial professionals, the dubiousness and moral consequences of current monetary policy, the lack of accountability in society in general, the widespread loss of a long-term time preference. His tone when comparing his the lack of demand for his “rare approach” to the erosion of the arts is so casual. “It’s what the market wants.”

(Is society decaying because of what the market wants, or is the market irrational because society is decaying?)

I feel remotivated to finally read Taleb’s works.

EDIT: Found this. A full-blown Spenglerian. I love this guy!

“There is no argument in that we live in dismal times. The subprime crisis was merely the prelude of the financial chaos that has ensued. Yet, it is not the consequences of such financial crises that matter as much as the recognition that we are suffering from a deeply-rooted moral crisis.

The subject may be scholarly but its impact affects us all. I point you (again) to Guido Hülsmann’s The Ethics of Money Production as a primer on the genesis of our global ailment.

From a capital owner’s perspective, this moral crisis has considerable implications since its economic consequences arise from a larger framework of structural malaise. Four such characteristics are pertinent: fraud, illiteracy, lawlessness and poverty.”

https://www.cobdencentre.org/2010/12/go ... ive-value/

@wolf, @black_son_of_gray interesting to hear him admitting to not knowing, or researching, Bitcoin (1h47m17s).

black_son_of_gray wrote: ↑

Mon Jul 09, 2018 7:24 am

Unconventional investment style that focuses on preservation of capital, etc. I got some Harry Browne-ish vibes, but clearly different. Some interesting intersections with ERE ideas of wealth/capital and "enduring over the long term"
https://www.youtube.com/watch?v=a4_U6bS-cU4

brute finally got around to this lengthy interview. the long form style is just great. more ideas should be given time.

the 35% in gold is very Austrian, as is the thinking about time preference and the structure of production.

If anyone is interested in DIY engineering, then the channel "Applied Science" on YouTube is for you. His depth and breadth of knowledge is insane, and he has a lot of money.

https://www.youtube.com/user/bkraz333/featured

Shawn James, who does the My Self Reliance YouTube channel that revolves around building a cabin in the woods, also has a personal channel. On it, he touches on some ERE type stuff in his Path to Self Reliance playlist.

Dominion 2018

Dominion is a 4k Documentary that uses drones, hidden and handheld cameras to expose the dark underbelly of modern animal agriculture, questioning the morality and validity of humankind’s dominion over the animal kingdom. While mainly focusing on animals used for food, it also explores other ways animals are exploited and abused by humans, including clothing, entertainment and research.

https://www.youtube.com/watch?v=ny6aqdFy9SI

black_son_of_gray wrote: ↑

Mon Jul 09, 2018 7:24 am

Since a number of you enjoyed the above interview with Tony Deden, here is a transcript of his remarks at a recent conference:

http://edelweissjournal.com/pdfs/Edelwe ... al-019.pdf

Gives some insight into his history of thinking about value and the modern marketplace - some real zingers in there.

Considerably shorter than the video Enjoy!

Here is a great discussion between Richard Dawkins and Bret Weinstein on evolution.

https://www.youtube.com/watch?v=hYzU-DoEV6k

Some highlights:

• Both agree that evolutionary logic should be applied carefully to topics such as religion, homosexuality, and warfare. Bret thinks that it should still be done and is necessary for overcoming our natural instincts.

• Richard is more open to using mathematics as a tool to guide evolutionary explanation, while Bret is more skeptical about how mathematical models map onto reality in this domain.

• Bret's test for adaptation: 1. Complexity 2. Has a variable cost that can be reduced 3. Persists over evolutionary time

• Just because an object does not replicate does not mean that the object's existence is independent of the other replicators. All objects in the system should be analyzed when constructing an explanation for why a particular trait is adaptive.

• Memes can be thought of as replicators which do not necessarily contribute to the survival of the individual; memes in a population can influence the individuals to transcend their nature.

The video demonstrates some of the underlying differences between "progressive" and "conservative" thinking even though they are both evolutionary biologist and progressive. Bret was excellent at balancing between their similarities and differences when guiding the discussion (this guy may be one of my top five role models right now).

https://www.madfientist.com/the-happy-p ... interview/

I am posting mostly because ERE gets a lot of love in this interview. It's not the most compelling conversation, unless you happen to be a doctor or know a doctor.

Both the Mad Fientist and the interviewee talk about how discovering ERE blew their minds and set them on a different life path. It's really cool to imagine how many lives Jacob has changed.

So, I went online and I typed and started researching early retirement. And of course, the stuff that comes up back then when you type in “early retirement” are the big brokerages, saying, “Hey, you can retire at 55” and that’s early retirement. I was like, “What?! I mean, that’s 20 years away. I can’t do that. That’s just not feasible.”

So, I typed in—I think I typed in “extremely early retirement.” You can imagine what popped up in my web browser, right? So, Early Retirement Extreme is the first hit.

I went on Jacob’s site. And I think the first article I read was how to retire in five years. And after I sort of picked up pieces of my brain that had flown all over the room and put them back in my head, I just started reading everything on the site. And after a few days, I was very impressed and thought it was awesome and also completely unfeasible for my life.

@Smashter - The [doctor] conversation was also relevant to scientists---the real doctors ---minus the income/debt whiplash. Having one's identity totally tied up with the work and an inability to go back [to research] is analogous.

@Jacob -- that's a good point. It's also similar to the challenges facing pro athletes in fringe leagues.

Video: How I retired at 36, and spent 20 years sailing (FIRE, Minimalism, and when "Enough" is Enough)

What I saw it is mostly based on a YMOYL-mindset.

black_son_of_gray wrote: ↑

Mon Jul 09, 2018 7:24 am

Unconventional investment style that focuses on preservation of capital, etc. I got some Harry Browne-ish vibes, but clearly different. Some interesting intersections with ERE ideas of wealth/capital and "enduring over the long term"
https://www.youtube.com/watch?v=a4_U6bS-cU4

I found that fascinating. He was articulating all the reasons why I can't bring myself to start investing.

Here is a video about a person who has found a way to live life as she wants to:

https://youtu.be/68ykxVQYKVw

sky wrote: ↑

Mon Feb 11, 2019 10:38 am

What a total babe

https://m.youtube.com/watch?v=i1HcJJbn_gc

From the movie "Meet John Doe". Thought it was quite enjoyable and insightful.

I haven't explored his channel much but this particular video made me all kinds of happy.
https://www.youtube.com/watch?v=ozjJ-4tPxe8

Dispatches from Post-growth Japan

@wolf thanks for that video link (How I retired at 36). Watching now...

wolf wrote: ↑

Fri Feb 08, 2019 12:33 pm

Video: How I retired at 36, and spent 20 years sailing (FIRE, Minimalism, and when "Enough" is Enough)

What I saw it is mostly based on a YMOYL-mindset.

An earlier video of this guy (and now I found out a later video was already posted here):
https://youtu.be/9XK5ocXPhTg
Enough is enough

A channel focused on dividend growth investing.

https://www.youtube.com/user/ppcian/videos