Set For Life
[Pre-Chorus]
The five most important skills are
Reading, writing, arithmetic, persuasion, which is talking, and then finally, I would add computer programming
If you're good with computers
If you're good at basic mathematics
If you're good at writing
If you're good at speaking, and if you like reading
[Chorus]
You're set for life
You're set for life
You're set for life
You're set for life
To me, foundational things are principles, they're algorithms, they're deep-seated logical understanding where you can defеnd it or attack it from any angle
That's why microeconomics is important becausе macroeconomics are a lot of memorization, a lot of macro bullshit, as Nassim Taleb says, "It is easier to macro bullshit than it is to micro bullshit."
(Easier to macro bullshit than it is to micro bullshit)
Because macroeconomics is voodoo-complex-science meets politics
You can't find two macroeconomists who agree on anything these days
And different macroeconomists get used by different politicians to peddle their different pet theories
There are even macroeconomists out there now peddling something called Modern Monetary Theory which basically says, "Hey, except for this pesky thing called inflation, we can just print all the money that we want. "
Yes, except for this pesky thing called inflation
That's like saying, instead of limited energy, we can fire rockets off into space all day long
It's just nonsense, but the fact that there are people who have macroeconomist in their title and are peddling Modern Monetary Theory, just tells you that macroeconomics as a so-called science has been corrupted
It's a branch of politics
[Pre-Chorus]
The five most important skills are
Reading, writing, arithmetic, persuasion, which is talking, and then finally I would add computer programming
If you're good with computers
If you're good at basic mathematics
If you're good at writing
If you're good at speaking, and if you like reading
[Chorus]
You're set for life
You're set for life
You're set for life
You're set for life
So if you really wanna focus on the foundations
The ultimate foundations are mathematics and logic
If you understand logic and mathematics, then you have the basis for understanding the scientific method
Once you understand the scientific method, then you can understand how to separate truth from falsehood in other fields and other things that you're reading
So be very careful about reading other people's opinions and even be careful about reading facts because so-called facts are often just opinions with a veneer around them
What you really are looking for is algorithms
What you're really looking for is understanding
It's better to go through a book really slowly and struggle and stumble and rewind, than it is to fly through it quickly and say, "Well, now I've read 20 books, 30 books, 50 books in the field."
It's like Bruce Lee said, "I don't fear the man who knows a thousand kicks and a thousand punches. I fear the man who's practiced one punch 10,000 times or one kick 10,000 times."
It's the understanding that comes through repetition and through usage and through logic and foundation that really makes you a smart thinker
[Pre-Chorus]
The five most important skills are
Reading, writing, arithmetic, persuasion, which is talking, and then finally I would add computer programming
If you're good with computers
If you're good at basic mathematics
If you're good at writing
If you're good at speaking, and if you like reading
[Chorus]
You're set for life
You're set for life
You're set for life
You're set for life