🦾 Long term thinking is everything
Dear Melius Humano (Better Human),
Dear Wildling,
Cultivating a long-term mindset is very hard.
In economics, this is called "low-time preference."
Low-time preference thinkers tend to plan for the future.
They are more likely to make investments now that will bring greater rewards later on.
Warren Buffet is the ultimate example of a low-time preference thinker. He made most of his money after he was sixty.
Becoming a long-term thinker is directly connected to experiencing death close up.
Losing loved ones has a powerful effect on your psyche. Ironically, it's forced me to appreciate the present more while also planning for the future.
How this worked for me went like this:
Death brought self-awareness through the internal struggles needed to overcome. Self-awareness brought me inner meaning. Inner meaning helped me identify what I value rather than looking to others for what to love (mimetic desire).
What I want now is not even close to what I thought I'd like growing up.
How this affects my personal financial choices are profound. For example, I have zero interest in using money to impress others. So I avoid wasting money on things that don't benefit me long-term.
Instead, I invest in my future rather than overpay for designer nonsense designed solely to make myself "feel good" based on the perception that others notice.
Then there are the long-term implications of providing for a family and ensuring they grew up secure in a topsy-turvy world like today, where one push of a button could send our species back to the stone age (to name just one of the many existential threats modern humans face.
Don't get me wrong; I'm highly ambitious. I want to own cool things, travel, and do cool stuff, all of which cost money.
I definitely have the Rich Dad, Poor Dad mindset around these extravagancies: I want my assets to pay for them.
You could say I'm asset-obsessed.
Owning assets is hard. Sometimes they even take money out of your pocket (ask any real estate developer or business owner about that).
You could own millions of dollars in assets and end up with a tax bill each year. Of course, you likely built up equity in those assets, but cash still came out of your pocket. I've seen it time and time again. Of course, you generally see a return later, but that can take time.
And that's where low-time preference thinking comes in.
This mindset also applies to health.
Caring enough about your long-term health must override your desire for short-term pleasure otherwise, you'll abuse your body with processed foods, alcohol, and other unhealthy activities that feel good at the moment but take a long-term toll.
Long-term thinking and compounding are how some people get exponentially greater results than others.
Humans are not hard-wired to think long-term. Our ancestors had to be content with where their next meal would come from and didn't have the time to think about what would happen next week or next month. Our idea of time is a modern invention directly connected to economics, money, investment, etc.
So it makes sense that few develop the skills needed today to produce outsized health, wealth, and happiness returns.
But as a thinking, rational, email-reading hominid, you can CHOOSE to think long-term.
And I hope you do.
-
PS: Our early access Black Friday sale just went live. It's the best time of the year to gift the gift of quality nutrition to yourself and your loved ones.
We also have a new bonus tier built into our Wild shopping card, which guarantees free stuff the more you add to checkout.
Our new minerals line has limited stock. That's no ploy. I believe we will sell out before BF gets here, so you don't miss out by looking in your savings now.
25% OFF sitewide your entire purchase with code: BLACKFRIDAY
Some stuff going on right now
Remember, these are highlights from the myriad of things happening right now. They likely don’t have any effect on your personal life. Anytime you read current affairs, remember how little it matters. It doesn’t.
This is what you get form modernity: selfish, narcissistic humans that will kill the helpless if it means maintaining their convenient lifestyle.
🦾 Only $1 per email → Become a subscriber today 👇
I’m Colin. Father, Thinker, Entrepreneur, Investor. I believe in Free Thinking, Free Humans, and Free Markets. The world needs MORE BETTER HUMANS. That’s our only hope for a prosperous future. Read more of my philosophy. 👋 Join me on YouTube, Twitter, Instagram, TikTok, My articles
Useful
🦌 What you put in your body either improves your health or takes from it. If you’re already going to be drinking, eating, and taking things, make sure they are the best quality. Your results will thank you. Obsessively sourced premium foods and supplements by Wild Foods. Use code WILDCEO for 15% off
🤖 ✍🏻 My favorite ai writer is Writesonic. They also just released Photosonic, which is cool. If you write at all, try this app.
🦢 Swan Bitcoin is how I buy bitcoin daily. Set it and forget it. Then wake up in a few years and be happy.
🌱 Free CBD sample: request a free Wild CBD Gummy sample via this form. Please give us time as we have a lot of requests. We’ll get those out on a first-come, first-served basis
Better Human Archive of Timeless Wisdom and Resources (Grows with each Email)
I’m going to start adding timeless content here with each email. It will grow with each email I send. So much of the best content/info out there has been around, but we forget about it because of the Internet's constant “new” cycle. Think of this as a reference: you’ll be able to always go to a recent BH email and find some of the best ideas of humanity that you can use to fill your brain and improve your life.
Quotes
“All greatness comes from suffering.” -Naval Ravikant
Audio
Daily Mind Training Compilation (Gravemind Playlist #1) LISTEN EVERY SINGLE DAY TO CHANGE YOUR LIFE
All Gravemind videos are gold: GUTS (BERSERK) - THE WAY OF THE STOIC
Free books online
Philosophy
Video
Find the videos: Gravemind on YouTube. Support his work. It's amazing.
Visualize
Tools
Areas of Study
Austrian economics - modern economics follow Keynesian principles of bullshit, and that’s why we have inflation and an ever-growing government that will eventually gobble up everything, then tip over and die.
Study Bitcoin. Start with the What is Money podcast episodes 1-9 with Michael Saylor. Then watch a bunch of his interviews.