Eric Jorgenson

I feel like doctors are the famous example of this, right?

Like we all know cash poor doctors who are like making 700 grand a year, spending 700 grand a year.

They never have equity.

They never bothered to figure out the game and they have no retirement plan or they have a, you know, they never build up a net worth because they're just like their lifestyle consumes everything that they earn and they have no equity.

But in the case of CEOs, CFOs, C-suite, VP and above, you just want asymmetric exposure.

If you believe in the company that you're working at, you want part of your package to be equity so that you get... Even salespeople have asymmetric exposure.

They have nonlinear earning potential.

But if you ever want to be truly passive and live off the capital, you need to start figuring out the equity game.

I think this is the very ultimate inner scorecard, right?

Um, so much of what people are driven to do is driven by this like memetic desire and they're always sort of moving the goalposts on themselves.

Um,

You have to know why you're playing the game.

This is the enlightenment path, right?

And there's all kinds of books that he recommends and conversations that he's had with people.

But if you study those enlightened people, they're just removed from it.

And some people feel compelled.

They can't remove themselves from the game until they've won the game.

Not everybody's like that.

Some people can be like, this is all a hallucination.

I'm just going to remove myself.