Many people want to be heroes. Only a few get a chance to prove themselves. There are many heroes among us. Most of us just didn't get the chance to shine (yet).

Doing sports definitely made me wiser. Here are my favorite lessons learned: I set goals and time limits. It is much easier for me to keep pushing when the going gets tough. Repertoire of waking hours when preparing for Ljubljana marathon in 2019. Something I never would have done without being enrolled. There are many ways to reach the top. I always look for alternatives. Often, the direct way [...]

I am an avid reader. A few months ago I stumbled upon Quantum Bayesianism (QM) and accepted its conclusions as the most accurate explanations of the base reality (or lack thereof). In short, according to QB, what we perceive as reality are our expectations of reality. In reality there is no reality. I further believe in a subset of QB pursuant to which what we perceive as reality is a compromise [...]

It seems that COVID pandemic created nice conditions for the speculation on financial markets to flourish. I understand the allure of making money without any work, but the benefits never managed to outweigh reservations I hold against speculating in any form (gabling, lottery, financial instruments). Here they are: Non-repeatability of gain (if made). Gain is product of circumstances that I can neither affect nor predict (in short - luck). Non-repeatable event's [...]

I believe that all people strive to increase wealth for two reasons; It gives us sense of meaning and direction. It is a metric easy to measure. Sure, other things are very important for our happiness, but we can't measure them (state of friendship, love, knowing what to live for). (On this note: If you immerse in philosophy you will probably realize the utter meaninglessness of it all. If you do [...]

The recent craze on financial markets made me think about the markets and decision making. First, why would somebody buy an asset on financial market (stock, bond, crypto and other currencies, derivatives)? I guess there are 3 reasons: investors (people, who make money investing other people's money), savers (people, who invest for the reason of dispersing their wealth - for maintaining their current value), and speculators (people, who invest due to [...]

Pain is not the same as suffering. Pain is objective - physical. Suffering is subjective - mental. Suffering is a result of us wishing the pain to end. Proof? [A true story!] Witold Pilecki was a Polish army officer, who sneaked into the Auschwitz by allowing himself to get arrested. Once there, he planned to organize with other Polish soldiers, coordinate a mutiny, and break out of the prison camp. Even [...]

I've figured that when I'm investing I'm almost completely disregarding my bank account balance. I determine the amount of investment by looking at the free cash flow (By free I mean the money that is left after I pay all fixed costs) that I'm currently generating - especially the last 3-month average. Why is that? Why doesn't my bank account balance play important role? I believe that the bank account balance [...]