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How Rich Is Your Knowledge Capital?

The future will belong to those who know how to create value
Thursday, March 16, 2017, 9:36 AM

The best way to defend yourself against the risk of 'losing it all' is to have an important part of your wealth stored between your ears, where it can't be taken from you.

If bad fortune should intervene and you lose your financial wealth, or you need to move away from your current community and start all over again, you'll be able to build a future if you have valuable skills, knowledge and expertise to rely on.

This will be especially true if the future unfolds the way we expect, where declining energy yields and economic stagnation sentence us to doing less. In such a world, a much higher premium will be placed on those individuals who know how to create value. Who know how to get things done.  » Read more

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How Rich Is Your Knowledge Capital?

The future will belong to those who know how to create value
Friday, March 4, 2016, 1:36 PM

It ain't what you don't know that gets you into trouble. It's what you know for sure that just ain't so.
~ Mark Twain

The Crash Course does a good job of explaining why we're heading into an uncertain future. One that will be defined by disruption and volatility.

How that change will unfold exactly is impossible to forecast. As Yogi Berra rightly quipped: It's tough to make predictions, especially about the future!

The best way to defend yourself against the risk of 'losing it all' is to have an important part of your wealth stored between your ears, where it can't be taken from you. » Read more

Step 4: Knowledge Capital

The guidance provided in this section presumes you have already read the chapter on Knowledge Capital in our book, Prosper!: How to Prepare for the Future and Create a World Worth Inheriting. If you have not, we strongly recommend doing so first.

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Life Is What We Make of It

Mastering Emotional Resilience
Monday, December 16, 2013, 7:27 PM

For most people, it won't be economic hardship that harms them, but their own lack of emotional resilience that does them in.

After the fall of the former Soviet Union, in the years that followed, more than half of all premature deaths that occurred were due to the effects of excessive alcohol consumption: » Read more