On... KEN

I'm building a Money Printing Machine. When that is completed, I won't have to work anymore. I'm not sure where I came across this story about a Fisherman. It tells the story of a group of Fishermen who works very hard. Each time, they would gather more fishes than they would need and store the extra in freezers to be consumed on another day. But there is one Fisherman, who fishes just enough for the day. He then retreats into his shack, and tinkers with his machine - day in and day out. Now, the other Fishermen wonders what he is doing. "He is a lazy fisherman", they said. Not working hard like other Fishermen in their village. Little did they know, the Lazy Fisherman is building a machine. This machine when completed will help him catch fishes, and he would need to work another day. This Lazy Fisherman, appears lazy from the outside, but he is actually building his future, with brains instead of brawn. I am like that Lazy Fisherman. Not building a Fishing Machin...

If your money doesnt work for you, then you will have to work until you die - Warren Buffet. What is the difference between being rich and being wealthy? There are many definitions that I have seen. But one ( out of many that I have seen ), that I like is that Rich is having a high income, while Wealthy is having a high net worth of assets. It's good to be both Rich and Wealthy, but if I had to choose, I choose Wealthy. I was having a conversation with my mom in-law and I brought up the topic of retirement. My brother and sister in-law's are not too fat from retirement age. They're are also quite rich by my standards. So, I would expect them to retire soon and enjoy the spoils of their labor. To my surprise, my mother in-law told me "Thats not the case. if they stop working, then where is the money coming from?" Buffet words rang through. No matter how much you earn, if you don't have Financial Assets, then you have to work forever. It could even be a double w...

What does it mean to live well? My mother in law is envious of a friend because she bought a large piece of land and built three houses on it. At probably the costs of 10 million AUD. My wife in the meantime is curious as to what my daughters cello teachers family do for a living because she lives in a big house with 3 Porsches in her garage. At probably the costs of up to a few million AUD? Does it mean those people are living well? For sure everyone has a different definition of living well. But it is not too far from reality if I think a vast majority of people equate living well to having a lot of material possession. Material possession is perhaps a kind of signaling. Why do I think so? I have no way to prove this but only gut feeling. If my mother in law had the money, I suspect she would not spend it on 3 houses. If my wife had the money, she probably would not buy 3 luxury cars. And it is likely the reason to buy those stuff is to say, "Hey look at me. I can afford these t...

Life is short and I could be dead by now. I am constantly reminded of that. My father in law was diagnosed with prostate cancer back in about 2020 and passed away in the span of about 2 years time after going through chemotherapy and all available medical help at that time. Few years after that, sometime in 2023, I had blood in my urine after coming back from a jog. Needless to say, my fear immediately jumped to fear and comprehension of getting cancer. Thats what recency bias do to you. Your mind latch on to the nearest incident. I later found out, after doing CT scans and Ultra Sound that it was most likely an accident injury. It's 2 years after that incident. If it was cancer, I might have been dead by now. The point of the story is not only that life is short but when your time is near, there is little you can do and it will be expensive to try. Medical costs will take a fortune. It may run up from ten's of thousands even to a hundred thousand. All of that just to keep you ...

AI seems to be the buzz word recently. Is this sector legit or are we in NFT2.0? NFT's were supposed to change the world in 2021, but sad to say that was a speculative bubble that popped within a year or so. Trading volumes peaked in January 2022 at about $17.6 billion, driven by hype around projects like Bored Ape Yacht Club and CryptoPunks. By September 2022, volumes had crashed roughly 97%, with average NFT prices dropping from $4,000 in early 2021 to under $1,500 by mid 2022. Fastforward to Q4 2024, something else exploded into the scene that caught my attention. Terminal Truth was released and it got the attention of Marc Andressen who funded it with some BTC. At around the same time was the Virtuals protocol explosion with AI agents such as Luna and AIXBT. So begins the AI space race, but I was not ready to dip my toe in yet. Raol's talk about the Economic Singularity also piqued my interest thereafter. The question was, how was I going to invest in this sector? If AI wa...

The Strategic Bitcoin Reserve was announced on the 7th of March 2025. This announcement was formalized through an Executive Order Trump signed on that date establishing both a Strategic Bitcoin Reserve and a US Digital Asset stockpile. The initiative was detailed further by the Whie House crypto Czar David Sacks, who noted that the reserve would be capitalized exclusively by bitcoin seized from criminal and civil forfeiture proceedings, ensuring no additional costs to taxpayers. With this announcement, it changed everything for me. Well, kind of. I was stacking Bitcoin since 2020, but it started as a speculative asset for me. Had I known this day would come, I would have gone in with more conviction. Bet hey, you have to respect the risks. And hindsight is 20-20, is it not? Now that the most powerful country in the world has declared it as a Financial Asset, other countries would follow suit. Word is that some countries are working towards this already. And as they say, Let the Games B...