by Gabriel Stein | Jun 12, 2017 | Personal, Personal Development, Personal Finance
Most people use the wrong signals to stop and start behaviors, and therefore get the wrong results. Imagine you’re eating some great cake, and you’ve eaten a single slice and it was excellent. That signal of “this is good” should actually be an...
by Gabriel Stein | Aug 15, 2015 | Personal Development, Personal Finance
How we utilize our resources determines our ROI. But it’s amazing that even while a small group of people understand the measurement and comparison tool; Utility (essentially “a good outcome”), few realize that everything in life has a level of...
by Gabriel Stein | Jul 28, 2015 | Business, Personal Finance
You can measure rough inflation by: 1. Take the price of gold in 1913 which was $20 per Troy Ounce (eg $20 gold Double Eagle is one Troy Ounce) 2. Take the current price of gold [gold-price] ($1,100 at time of writing) 3. Divide 20 by the current price of gold 4. That...
by Gabriel Stein | May 25, 2015 | Business, Personal, Personal Development, Personal Finance, Productivity
Money is simply stored value. Its power is in its ability to exchange regardless of the material used to exchange for the money, or what the money is being exchanged for. It represents a more ‘ambiguous’ or ‘universal’ version of value....
by Gabriel Stein | Apr 26, 2015 | Personal, Personal Finance
The key between rich and poor/middle class people is their ability to manage their money. Rich people are excellent money managers and poor or middle class people are less-savvy when it comes to managing their money. Of course, there are many other distinctions that...
