A note from Sary

Ch.12 summary - Slowlane wealth is improbable due to Uncontrollable Limited Leverage (ULL). - The first variable in the Slowlane wealth equation stems from a job that factors to intrinsic value, which is your nominal value for each unit of your life traded. - Intrinsic value is the value of your time set by the marketplace and is measured in units of time, either hourly or yearly. - In the Slowlane, intrinsic value (regardless of its time measurement) is numerically inhibited because there are only 24 hours in the day (for the hourly worker), and the average lifespan is 74 years (for the salaried worker).

Sary The Millionaire Fastlane, page 88 · January 7, 2024 Save to shelf
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