Comment on My General Operating Principles: 37 Principles for Making Hard Decisions by Pat Larsen

Yeah- “money” is really just an agreement between people that is a placeholder for time, attention, effort, experience. Can’t eat that paper fiat currency. Can’t do anything physically useful with gold (unlike iron or lead) unless you are building semi-conductors. Having more money just means being able to command more “people power” to build a car or yacht for you, fly you somewhere by refining oil, studying and practicing for 20 years to get your medical diagnosis right….people.
It’s really...