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Wanting Everyone to Win

I just got a good email from a friend about emotions and biochemistry. It got me thinking.

Envy and schadenfreude are common emotions. People like seeing their opponents fail.

Is it possible to get over that? Would it be desirable to get over that?

I think envy and schadenfreude and hatred are usually a detriment to people feeling them. This is obvious enough when you're playing a positive sum game - because Positive Sum Games Don't Require Natural Talent, and have a near infinite opportunity for success. Disciplines like inventing, engineering, finance, entrepreneurship, mathematics, and the natural sciences work hand in hand. Every win by an inventor opens lots of doors for engineering, finance, entrepreneurship, math, and science. And indeed, for other inventors.

A lot of people mistake positive sum games - like the economy at large - for a zero sum game. They think that if you get money, they'll get less money. Of course, it doesn't work like that, as our exponentially growing standard of living shows. Even if someone loses a local conflict (to gain market share in a new technology, for instance) they can still go on to invent and innovate in a new field.

Let a Billionaire Manage Your Finances for Free

On Tynan

During my second year at college, I thought that investing was easy. I read about options, paper traded for a few months, and then solicited my friends for investments. Many of them invested in my hedge fund - "The H Fund", which I started with a friend. In total we had $26k, which was quite a lot considering how young we were.

The fund survived for a few months, even being profitable for a short amount of time. In the end, though, we lost all of the money. Luckily I have awesome friends who understood the risk, and no one was mad. Still - I learned my lessons and stayed out of the stock market for years.

For some reason or another I started reading about Warren Buffet. For those that don't know, he is the second richest man in the US, with a worth of over 40 billion. What makes him exceptional is that he is the only person on the top 100 richest people list who made his money through investing.

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