{"id":2146,"date":"2026-04-29T09:33:34","date_gmt":"2026-04-29T08:33:34","guid":{"rendered":"https:\/\/blog.thomarite.uk\/?p=2146"},"modified":"2026-04-29T10:29:20","modified_gmt":"2026-04-29T09:29:20","slug":"the-algebra-of-wealth","status":"publish","type":"post","link":"https:\/\/blog.thomarite.uk\/index.php\/2026\/04\/29\/the-algebra-of-wealth\/","title":{"rendered":"The Algebra of Wealth"},"content":{"rendered":"\n

I read this ebook<\/a> as I have watched this video<\/a> some time ago.<\/p>\n\n\n\n

This is his definition of Wealth<\/p>\n\n\n\n

\n

Wealth = Focus + (Stoicism * Time * Diversification)<\/p>\n<\/blockquote>\n\n\n\n

Stoicism<\/strong><\/h2>\n\n\n\n

This is the personality\/philosophical part. You need to define and build your character. Take into account that luck is important (The world only pays attention to the outliers..) Exercise is important, make more decisions, create interdependency (the people that are around you and will make you better). Difficulties will be always there, go through them with enthusiasm (W. Churchill)<\/p>\n\n\n\n

Focus<\/h2>\n\n\n\n

Focus in your passion<\/s> ->Talent! Leave the passion for the weekend (baking, climbing, etc) And then the question, what is your talent? Myers-Briggs<\/a> test, Galupo Chifton<\/a>.<\/p>\n\n\n\n

(I am INTJ it seems)<\/p>\n\n\n\n

Be loyal to people not companies.<\/p>\n\n\n\n

The importance: Real State, Professional Jobs (plumber, electrician, etc), prune + invest your hobbies<\/p>\n\n\n\n

<\/p>\n\n\n\n

Time<\/h2>\n\n\n\n

It is limited, you can’t buy more. Make it count. Focus in compound vs inflation. You need to be ruthless in your time management. Income, spend, invest. If measured -> managed. Roll with the punches..<\/p>\n\n\n\n

Diversification<\/h2>\n\n\n\n

Focus your time to maximize your current income. Diversify your investments to maximize your long-term wealth.<\/p>\n\n\n\n

Long-term active investment doesnt beat the market.<\/p>\n\n\n\n

Books<\/strong>:<\/h2>\n\n\n\n

7 Habits of Highly Effective People – Covey<\/p>\n\n\n\n

Designing your life – Bill Burnett<\/p>\n\n\n\n

How to quit – Annie Duke <\/p>\n\n\n\n

A random walk down Walk Street<\/p>\n","protected":false},"excerpt":{"rendered":"

I read this ebook as I have watched this video some time ago. This is his definition of Wealth Wealth = Focus + (Stoicism * Time * Diversification) Stoicism This is the personality\/philosophical part. You need to define and build your character. Take into account that luck is important (The world only pays attention to … Continue reading “The Algebra of Wealth”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5,20],"tags":[],"class_list":["post-2146","post","type-post","status-publish","format-standard","hentry","category-books","category-economy"],"_links":{"self":[{"href":"https:\/\/blog.thomarite.uk\/index.php\/wp-json\/wp\/v2\/posts\/2146","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.thomarite.uk\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.thomarite.uk\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.thomarite.uk\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.thomarite.uk\/index.php\/wp-json\/wp\/v2\/comments?post=2146"}],"version-history":[{"count":2,"href":"https:\/\/blog.thomarite.uk\/index.php\/wp-json\/wp\/v2\/posts\/2146\/revisions"}],"predecessor-version":[{"id":2151,"href":"https:\/\/blog.thomarite.uk\/index.php\/wp-json\/wp\/v2\/posts\/2146\/revisions\/2151"}],"wp:attachment":[{"href":"https:\/\/blog.thomarite.uk\/index.php\/wp-json\/wp\/v2\/media?parent=2146"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.thomarite.uk\/index.php\/wp-json\/wp\/v2\/categories?post=2146"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.thomarite.uk\/index.php\/wp-json\/wp\/v2\/tags?post=2146"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}