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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?

To: Sun Tzu who wrote (22556)	12/6/2004 1:47:56 PM
From: kodiak_bull	Read Replies (1) \| Respond to of 23153

Sun Tzu, I'm afraid you may be stuck in a pre-capitalist idea of the way the world works, sort of a middle ages, artisan world of guilds and laborers. If "your time is all you have to trade for things you want" then it would stand to reason that people would be desiring more time, applying more time to their tasks so that their accounts could rise. This approach you detail is the essence of 'working dumb', not working smart. Working smart leverages many things in order to build wealth, and time is the least of them. Working smart leverages time first, then capital, then labor, then information. A guy who can do this can, like Nick Darvas, invest only a few minutes every few days and build wealth. Nobody who is even a little wealthy who I have ever met "traded" his time for anything, except maybe lawyers and accountants who billed by the hour. Time is simply one of the many inputs in wealth creation and, as I said, certainly the least important of the four inputs I listed. Whether I put in 3 hours investing today or 22 hours will not translate into better $$$ results. What will affect the results, however, is how I leverage my capital and my information. We're not flipping hamburgers at Wendy's here. Kb