debt
Calibrations of debt: credit cards, home mortgages, auto loans, business loans, student loans, and the US national debt.
Business
Alex Hormozi YouTube channel
"I talk about how to get more customers, make more per customer, and keep them coming back, and the many failures and lessons we have learned along the way to $100M+ in sales." 83 million views.
declaring bankruptcy
"Bankruptcy is a legal process that allows individuals and businesses to deal with overwhelming debt. It can involve liquidating assets to pay creditors or creating a repayment plan" -- uscourts.gov.
"The root of civilization is not government but commerce"
Request: A quote from a fellow who runs a YouTube channel called Feral Historian. It struck me as a wise philosophy, quite the opposite of Communism.
speculation (finance)
The purchase of an asset (a commodity, goods, or real estate) with the hope that it will become more valuable shortly. It can also refer to short sales in which the speculator hopes for a decline in value -- wikipedia.
Ponzi scheme
Request: A form of fraud wherein earlier “investors” are paid out with money from later “investors”, despite no actual business being conducted or value being created. This scam relies on a steady supply of new victims and money to continue.
"the customer is always right"
Request: Used a lot within sales and marketing.
the road from zero to billionaire
Request: As a life achievement.
Trump: The Art of the Deal
"his professional and personal worldview in this classic work—a firsthand account of the rise of America's foremost deal maker" -- amazon.
Thinking in Systems: A Primer, by Donella H. Meadows
Priority request. "Some of the biggest problems facing the world—war, hunger, poverty, and environmental degradation—are essentially system failures. They cannot be solved by fixing one piece in isolation from the others" -- amazon.
nepotism
Priority request. "granting an advantage, privilege, or position to relatives or friends in an occupation or field – for instance business, politics, academia, entertainment, religion or health care. In concept it is similar to cronyism" -- wikipedia.
The Fifth Discipline, by Peter Senge
The Art and Practice of the Learning Organization. Reignite the spark of genuine learning driven by people focused on what truly matters to them -- goodreads.
The Secret Life of Real Estate and Banking, by Phillip J. Anderson
Request: This model predicted the 2008 collapse, the 2020 recession, and is predicting another collapse around 2026. This book could help... people to gain wealth by understanding the cyclical nature of real estate which drives all other markets (including stocks and crypto).
video advertising billboards
Request: Very bright, flickering, sometimes with sound. Whenever one gets installed, the area around it becomes uncomfortable to be in.
"You don't get what you don't ask for"
Priority request: used a lot in sales that sometimes the most important part of making a sale is simply asking for it.