Survive To Thrive Part 1
Nature, Crypto, and Tips for a Getting Wealthy Personality
[Quick Note - we typed this out and it was over 5k words. That is quite the read and substack was giving warnings about the length, so we will split it up and release part 2 early next week.]
“If you could be any animal what would it be?”
If you are a parent, you have likely played this game (or one like it) 100s of times already today.
Would you choose a Lion? Tiger? Grizzly? Cheetah? Shark? or Eagle?
You definitely chose something that is big and cool though right?
Most cool choices are going to be your predators. Strong, fast, dangerous, out on the hunt, scoring the big kill to feast. But here is the thing, every time a predator chases down prey it is taking a big risk.
It is burning a lot of energy and if the hunt is unsuccessful it is draining itself and making the next attempt even more important/less likely to succeed
If it gets hurt, it is game over as you are not going to be able to catch prey
We remember a nature documentary where a big cat went after some generic deer. The cat had bad timing and caught a hoof from the deer as the deer jumped over a little hole. Broken jaw and the cat was unable to latch on while hunting or bite and slowly starved.
Whereas, grazing animals are surrounded by abundance. They always have food available as grass and it generally isn’t a big dangerous meal seeing how its grass. Other than the occasional predator attack, there is little chance they don’t make it to old age.
This is a good back drop to conversations on risk.
Your degen gambler who is making big bets is like the big cats. When the bet pays off, you get a big bounty, but you are taking risks.
Your risk-avoider is like an antelope. Grazing on nice low-risk grass, but never getting the big exciting chase and catch and every once in a while you win the negative lottery and get picked off.
People tend to be drawn to stories of the big risk big reward.
[F’er Note - Us? We are gorilla maxis. Be big enough you are top of the food chain, but don’t need to go out after the kill. Other potential correct answer is grizzly bears. You mostly forage and have no real predators. Last possible answer is orca since every killer whale is basically Mike Tyson in his prime and completely overmatched to anything in the ocean they never lose.]
Now that we all agree silverbacks are the correct answer. Let’s cover risk personalities and how to make sure you are making wealth and also keeping wealth.