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  1. O

    Side Walk Vs. Fastlane Discussion

    I am not talking about working for the government or serving. I am talking about becoming the government. And while this is still not a solution, it increases your power and influence to improve your chances to succeed. It is always better to control the money printing press rather than hoping...
  2. O

    Side Walk Vs. Fastlane Discussion

    The only solution is to become the government. This is why I became a member of a political party in May 2021.
  3. O

    My startup progress that will buy me a Ferrari

    EXECUTION 
    My approach worked twice for developing apps from scratch. To be honest, I'd rather develop apps from scratch than maintaining bad-designed code. Creating an entire framework like OpenCV is indeed complex though. But I am not here to judge your way of work. Instead, since you have mentioned...
  4. O

    I have just found a list of 22 fastlane-tips on my hard drive - Add your one-liners of FL wisdom

    HOT! MINDSET 
    While I am not battle-hardened in business, for those who do not plan to start their own businesses, TMF still has lots of great quotes. (I do not re-cite all of them exaclty though.) - Compound interest is a scam - The 3-3 rule and lots of other great rules - Act, assess, adjust - Think before...
  5. O

    Side Walk Vs. Fastlane Discussion

    I think that the reason why millionaires are nothing special anymore is because in the US the liabilities are quite high. Also, the salaries for some professions are exorbitant in the US. I know at least 100 computer scientists but I have never seen one earning 200,000$ gross in Germany. My...
  6. O

    Lex DeVille's - Journey To Doctor

    HOT! EXECUTION 
    I feel inspired to start such a Sidewalk thread. But instead of flipping burgers I'd like to flip crypto. Anyway, well done, Lex!
  7. O

    My startup progress that will buy me a Ferrari

    EXECUTION 
    At my current job as a software developer I told my manager in the beginning to stop assigning me lots of tasks and stop trying to artificially increase the speed. Instead, I focused on the code quality and the architecture to prevent bugs. Although I had a lot of tasks to solve, this...
  8. O

    Random Chat, Thoughts, Posts, and/or Rants Thread

    HOT! CHAT 
    I live in Germany so I do not know if my perspective applies to the different countries. However, in Germany this complexity and constant change is to some amount artificially created by regulators so that AI and IT cannot replace them easily and the regulators do not lose their power. One...
  9. O

    Random Chat, Thoughts, Posts, and/or Rants Thread

    HOT! CHAT 
    Arthur Schopenhauer once said that every new idea (or in his words: all truth) passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident. Regulations is a field where machine learning and IT in general can ultimately...
  10. O

    Random Chat, Thoughts, Posts, and/or Rants Thread

    HOT! CHAT 
    Actually, the math to get some programming jobs or other STEM jobs is also not elite level math. For my current job as an app developer on React / Python I do not remember to have used any math at all. Edit: Also, the math to become wealthy is not necessarily taught in 6th grade. Compound...
  11. O

    Side Walk Vs. Fastlane Discussion

    Interesting episode. I would like to watch a similar episode comparing rich people to middle-class people.
  12. O

    Random Chat, Thoughts, Posts, and/or Rants Thread

    HOT! CHAT 
    I think that lots of those people are not necessarily jealous of the wealth but rather of the fact that they had similar ideas but did not go for them. College is a place where there are lots of smart people and if someone realizes that 90% of the people are smarter than them, chances are high...
  13. O

    Three-three rule when trading volatile assets

    INVESTING 
    Thank you @MJ DeMarco for your insights. Can you please share with us how you originally came up with this rule? More precisely, what is the reason behind the numbers of "three months" and "three years"?
  14. O

    Three-three rule when trading volatile assets

    INVESTING 
    Originally, I wanted to develop a crypto bot which performs this algorithm on my FU pot and maybe learns some new strategies. For this bot it is important to be able to transfer assets between the dividend / interest pot and the exchange pot. Does anyone of you know if there is such a crypto...
  15. O

    Three-three rule when trading volatile assets

    INVESTING 
    I suppose that indeed, I phrased one thing incorrectly. Here is the official version of the rule: "The three-three rule says that if any of your investments, whether they be stocks or bonds, appreciates unrealized gains greater than or equal to three years in dividends in any three-month...
  16. O

    Three-three rule when trading volatile assets

    INVESTING 
    For trading stocks and bonds MJ recommended in Unscripted to use the three-three rule. It says that if any investment like stocks or bonds increase their value more than by three years of dividends in three months, the profits should be sold. For me, it looks like this rule has a generalized...
  17. O

    MBA or Machine Learning Degree

    Back in 2019 some universities offered MBA programs where students were required to actually start their own business from scratch together with their fellow students, maybe even in a different country. However, with C0VlD-19 I am not sure whether such MBAs still exist.
  18. O

    MBA or Machine Learning Degree

    In my opinion, the best career path from your financial perspective is that career path where you give the most to the society.
  19. O

    MBA or Machine Learning Degree

    Where do you think you can provide more value?
  20. O

    Best Cryptocurrency Trading Application For Beginner

    CRYPTO INVESTING 
    Binance has a great community but the customer service is - how should I say it - not really SUCS. Once I wanted to transfer some ETH from Binance to Crypto.com but mistakenly I used the BSC network instead of ERC. Crypto.com is a platform that allows BSC but only for certain cryptos. I wanted...

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