Alvin P. Ang
@AngAlvin
Enjoying God first - Husband and Dad...Professor of Economics, Advocate of Personal Finance and Preacher of Eternal Perspectives
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True #resilience is the ability to bounce back amidst a serious setback and works hard to avoid being hit by another one again. It is not the ability of rising again and again with the same setback. It entails absolute resolve to address the cause of the setback.
When you give AI to a critical thinker, it magnifies that person's productivity. If AI is given to a non critical thinker, you simply make that person lazier and therefore productivity declines.
Sharing my column today... businessmirror.com.ph/2024/04/12/beh…
In the Ambisyon 2040 survey, I am surprised to find that 20% of poor families belonging to the D&E classes say that their current life status is comfortable! Low aspiration = low level equilibrium!
“The government has called them modern heroes. They continue to protect the economy from headwinds,” says @AngAlvin on migrants from the Philippines. Hear more in the #DevelopmentPodcast: wrld.bg/A9cM50Oy1Qv
When people praise you, don't let it to to your head. When people criticise you, don't let them get into your heart. N. GUMBEL
We should be thinking beyond...
Are we ready for the looming wave of debt crises in developing economies? The main global mechanisms available to tackle debt crises were designed for a bygone era. They must now be updated to accommodate today's transformed landscape. wrld.bg/18QO50Ks9Y1
I wonder where the people who enticed these poor guys are now? They lost some but not to the point where these guys are. HARD LESSON: Do not play the game the rich play, for P10,000 for someone with P1Mn is soooo different with someone who has P10,000. time.com/6199385/axie-i…
time.com
A Crypto Game Promised to Lift Filipinos Out of Poverty. Here's What Happened Instead
Axie Infinity has left Filipino gamers despondent and in debt
Investing like business requires a certain degree of risk taking and basic understanding of how the investment (and the business) work. Simply copying how others do it, especially those who can afford to lose in their investment and business is a tragedy.
Do not play the games that the rich are playing. The same 100,000 pesos matter differently to the one earning 1 million a month and to the one earning 10,000 a month.
When the request is not right, God says “No”. When the timing is not right, God says “Slow”. When you are not right, God says “Grow”. But when the request is right and the timing is right and you are right, God says “Go”.’ R. Warren
At the Luray Caverns, Shenandoah Valley, Virginia... Underground River up close...
Winning 001: Worry is wasting today's time to clutter up tomorrow's opportunities with yesterday's troubles - Source unknown
Everything in the economy is about balance. If everyone knows everything then its a boring world So in this failing market, do not look for the bottom - the more one looks for it, the further it falls. The dominant emotion always dictate the market. GET OUT OF THE HYPE!
Market cap of cryptos down more than 60% from a year ago to less than US$1 trillion. Liquidity has dried up indeed. The best investment advise at this time is to stick to investments with definitive and predictable value.
Winning 001: Never chase after blessings for you will never catch them. God designed them to run after you. Deut 28:2
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