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Las Vegas Investment Strategy

July 4, 2021 By George Hutton Last update: July 4, 2021

Up And Down

https://loopvids.s3.amazonaws.com/July04_Post.mp4

Many people experience the yo-yo diet syndrome.
 
Not just in dieting, but in any area of self improvement.
 
For the diet, it’s pretty simple.
 
You look at yourself in the mirror, and you are disgusted.
 
So you create a ton of motivation to get rid of that negative feeling.
 
You create an intention to lose weight.
 
Then you imagine what it might be to actually lose weight.
 
You imagine all the health and social benefits.
 
You are excited.
 
Very excited.
 

Over Imagination

But these excitement is based on an ESTIMATION, or even an imagination of the benefits AND the costs.
 
The benefits are imagined to be bigger and closer than they really are.
 
The costs are imagined to be smaller and further away than they really are.
 
So you spend a week or two at the gym.
 
You spend a week or two eating less.
 
Now the costs are much HIGHER than you anticipated.
 
And the benefits are WAY further into the future.
 
Since food is connected to survival, it’s only a matter of time before you talk yourself out of this plan.
 

This is Dumb!

Then you give up.
 
You feel like crap.
 
You try and justify WHY you gave up.
 
Pretty soon you’re back to where you started.
 
Then it happens AGAIN.
 
This is why it’s called the yo-you diet.
 
Up and down.
 
Up and down.
 

Lots Of Yo-Yo

Now, imagine somebody who went through a yo-yo diet for FIVE YEARS.
 
A lot of mental effort.
 
A lot of physical effort.
 
Many, many costs, with ZERO to show.
 
Kind of like my buddy who went to Vegas.
 
I asked, “How’d you do?”
 
He said “I killed in on the games. But gave it all back on the tables.”
 
But even this is BETTER than the yo yo diet.
 
Few people think of Las Vegas as a sensible investment strategy.
 

Full Speed Ahead

But every single person who starts any kind of yo-yo plan REALLY believes they’ll be successful.
 
Same with social skills.
 
Start off with massive motivation.
 
Overestimate the benefits.
 
Underestimate the costs.
 
“Giving up” is virtually guaranteed.
 
Believe it or not, both have the same root cause.
 
The idea that you have a state NOW.
 
And you’ll have an ideal state THEN.
 

Tradeoff Wrong Mindset

And between NOW and THEN is some effort.
 
You exist now.
 
You put in some effort.
 
Then you exist in a much better THEN.
 
And that effort is ONLY for a little while.
 
You put in a bunch of effort, get the body you want, and go back to your old, comfortable way of living.
 
You’ll go out and cold approach a bunch of girls, somehow “become” a player and go back to your old life.
 
But this NEVER works.
 
What does?
 
This:
 

Qualifier

 
 

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Filed Under: Self Improvement, Subjective Value, Thinking Skills, Time Preference, Training, Unconscious Mind, Weight Loss, Willpower Tagged With: Benefits, Costs, Health, Momentum Qualifying, Motivation, Social Skills, Unrealistic Expectations, Yo Yo Diet

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