2-1b2 Play in different time horizon. That is, in the long-run.

Next:

• 2-1b2a ‘Seizing the middle’ - ‘Time is the friend of someone who is properly positioned and the enemy of someone poorly positioned.‘

Related:

• When you are deliberate you’ll extend yourself in the timeline:
  • 3-1c1d0 We are overconsuming novelty (and “serendipity”) and under-consuming purpose. The first thing to look at each day should be your purpose and metrics to improve upon, not some random stories.
• 3-1d6c Amara’s law modified - we underestimate the importance of consistency in the short-run, but overestimate in the long-run
• 5-1b4 Be prepared to deal with short-term nonsenses, but know what you’re focused on in the long-run and stay optimistic
• 5-1b4a Amara’s law - we expect too much in the short-run, but too little in the long-run
• RUL3 - Create something, or become someone, that is hard to duplicate (‘Barriers to entry’)
• Some cautionary notes in praxeological terms:revisit
  • 13-1a3a4a The actual market prices are the only ones that ever exist
  • 13-1a3a4b The long run of the evenly rotating economy (ERE) is not real at all, but a very useful theoretical construct that enables the economist to point out the direction in which the market is moving at any given time