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Jul 11, 2020
In 1964, US President Johnson declared war on poverty. He stated that the wealthiest nation on Earth should be able to beat it.
Yet, up to that point, the US had no official measure of poverty and no statistics on its scope, form or changing nature.
Tokyo was almost destroyed during World War II but was quickly rebuilt and reinvented itself as a world leader in manufacturing and technology.
Today, Tokyo is Japan's economic centre. The city is safe and prosperous and known for its glamour and cosmopolitanism. The Greater Tokyo Area is the most populous metropolitan area in the world, with over 37 million residents.
A passport is issued to a country’s citizens for international travel and identification.
The 'less is more' term is applied to many philosophies, products or lifestyle choices.
The definitions are broad, from intending to reflect on the damage we're doing to the world to Marie Kondo method that helps people live meaningful lives with less. Marie encourages people to declutter and only hold on to the possessions that 'sparks joy.'
Warren Buffett states that if you aren't willing to own a stock for ten years, don't even think about owning it for ten minutes.
Human nature is most concerned with short term loss aversion, not long-term gain seeking. Because we are so short-term oriented, it's an enormous advantage if you can operate on a longer time than the competition. Having a ten, twenty, and thirty-year track record of ethical behaviour is a very defensive career position.
Cowboys, supermodels, farmers, Presidents and housewives have one garment in common: Jeans.
Jeans are comfortable, durable, attractive, cool and easy to own and wear, hence have a wide appeal among all sections of society.
# Writing every transaction down
# Using a spreadsheet to track your spending habits
# Loving credit cards
# Never thinking of purchases in terms of *present* value
# Studying computers (there are loads of unfilled computer jobs)
# Using tools that aggregate all of your accounts into one place.
Marketers often fight the most brutal battles in the form of comparative advertising - directly comparing one company's product to another.
Once the advertising is up, the opposition can decide to either hit back or ignore its competitor.
❤️ Brainstash Inc.