Many movie stars and athletes have stopped relying only on their talent or fame. They’ve started investing in businesses, creating different ways to earn money. By doing this, they aren’t just depending on their stardom anymore.
This is something we can all learn from. These celebrities understand that the system often favors capitalists. By becoming business owners, they are taking control of their financial future. Take this as motivation to start building your own path to financial independence.
More people are buying stocks now than ever before. What was once exclusive to the wealthy is now accessible to everyone. Consider the rise of the Robinhood/Wealthsimple app—it became popular by making investing easy and available to all.
The idea is simple: take something that was once a luxury and bring it to the masses, and you’ll see incredible returns. Think about any other product or service you could “bring to the masses” and the potential impact it could have.
An investor is essentially a long-term trader, but instead of focusing on short-term price movements, we gauge entry and exit points over years or even decades, rather than minutes or months.
Capitalism suggests that you focus on what you do best and outsource the rest to others who can handle it more efficiently. This approach works well for individuals, businesses, and even countries, promoting specialization and productivity.
Instead of complaining about having less, optimize how you use resources. Material value depends on application, location and context. For example, a few grams of steel in a Swiss luxury watch can be worth more than tons of steel in an average Indian car. Be resourceful.
The future of work is automation. Imagine factories running 24/7 without a single human worker. AI and robotics are transforming industries, from manufacturing to services. Ownership/Investing is the only way to succeed in this new world.
Imagine a steel mill where machines build steel, robots patrol the premises, and AI handles everything from accounting to legal compliance. The future of manufacturing could be fully automated.
Bitcoin is like a cheat code in winning capitalism. It protects your money from losing value due to inflation and doesn’t require as much money to start, unlike real estate, which usually needs more money and leverage(like a mortgage).
Notes by winCapitalism | export