Comments on: How to Become a Millionaire of Knowledge http://www.lifeoptimizer.org/2007/08/14/how-to-become-a-millionaire-of-knowledge/ Live Life to the Fullest - Personal Growth and Effectiveness Fri, 05 Dec 2008 08:16:22 +0000 http://wordpress.org/?v=2.6.5 By: Elenor http://www.lifeoptimizer.org/2007/08/14/how-to-become-a-millionaire-of-knowledge/#comment-55386 Elenor Mon, 28 Jan 2008 10:25:21 +0000 http://www.lifeoptimizer.org/2007/08/14/how-to-become-a-millionaire-of-knowledge/#comment-55386 Guys, the simplest and fastest way to become rich is still to inherit from a family member. Sure, not everyone has the “rich uncle” in America. Or maybe some just don t know that they have one. A good way to find out is to register at www.famillion.com (it s free) amd let the system merge your tree with related trees! Enjoy! regards, elenor Guys,

the simplest and fastest way to become rich is still to inherit from a family member.
Sure, not everyone has the “rich uncle” in America. Or maybe some just don t know that they have one. A good way to find out is to register at http://www.famillion.com (it s free) amd let the system merge your tree with related trees!
Enjoy!
regards,
elenor

]]> By: Productivity Zen - Today’s Top Blog Posts on Productivity - Powered by SocialRank http://www.lifeoptimizer.org/2007/08/14/how-to-become-a-millionaire-of-knowledge/#comment-34997 Productivity Zen - Today’s Top Blog Posts on Productivity - Powered by SocialRank Mon, 01 Oct 2007 10:38:15 +0000 http://www.lifeoptimizer.org/2007/08/14/how-to-become-a-millionaire-of-knowledge/#comment-34997 [...] How to Become a Millionaire of Knowledge [...] [...] How to Become a Millionaire of Knowledge [...]

]]> By: Build Your Life To Order ™ | Speedlinking - 19 August 2007 http://www.lifeoptimizer.org/2007/08/14/how-to-become-a-millionaire-of-knowledge/#comment-29119 Build Your Life To Order ™ | Speedlinking - 19 August 2007 Tue, 21 Aug 2007 17:44:30 +0000 http://www.lifeoptimizer.org/2007/08/14/how-to-become-a-millionaire-of-knowledge/#comment-29119 [...] Donald Latumahia has uniquely compared investing financially to the investment in knowledge in ‘How to Become a Millionaire of Knowledge.’ This is a great little read because it rings true. Applied knowledge really is power in today’s world and God knows there is no shortage of knowledge out there waiting for us. With correct knowledge you can Master any area of your life, from your body to your finances to your relationships. So as Donald says, build up your ‘Knowledge Bank Account‘ and start today! [...] [...] Donald Latumahia has uniquely compared investing financially to the investment in knowledge in ‘How to Become a Millionaire of Knowledge.’ This is a great little read because it rings true. Applied knowledge really is power in today’s world and God knows there is no shortage of knowledge out there waiting for us. With correct knowledge you can Master any area of your life, from your body to your finances to your relationships. So as Donald says, build up your ‘Knowledge Bank Account‘ and start today! [...]

]]> By: Donald Latumahina http://www.lifeoptimizer.org/2007/08/14/how-to-become-a-millionaire-of-knowledge/#comment-29025 Donald Latumahina Tue, 21 Aug 2007 02:33:45 +0000 http://www.lifeoptimizer.org/2007/08/14/how-to-become-a-millionaire-of-knowledge/#comment-29025 HP: Yes, the article is pretty long, but I think it's worth the time. The main point there is "effortful study" for long period of time. In this post I use the investment analogy to describe that concept. Thanks for sharing your experiences! HP:
Yes, the article is pretty long, but I think it’s worth the time. The main point there is “effortful study” for long period of time. In this post I use the investment analogy to describe that concept. Thanks for sharing your experiences!

]]> By: HP van Duuren http://www.lifeoptimizer.org/2007/08/14/how-to-become-a-millionaire-of-knowledge/#comment-28858 HP van Duuren Sun, 19 Aug 2007 22:02:18 +0000 http://www.lifeoptimizer.org/2007/08/14/how-to-become-a-millionaire-of-knowledge/#comment-28858 Pfffffffff, long article in the Scientific American I 'Scanned' it. First of all, If I don't learn to much I will be <em>'ahead of the crowd' </em>atleast not having to 'unlearn' things. (since it's value might depend on a timescale :)) Also there seem to be other things involved here, knowledge also seems to be related to 'consioussness', rather than only 'Learning ability'. With scanning the article I thought that I also 'picked up' something about not only 'analysing' but also using the 'Expert Smarts' to 'automatically' pick the meaningfull patterns (Chunks) worth analysing. Pfffffff..., Interesting stuff, thanks for telling about this article. For what 'Applicable Knowledge' is concerned If you like to know about How to actually really 'Make a Million' (Moneywise) on my blog I recently posted an interesting (YouTube) Video about a guy telling about his plan to make a Million while going to blog about how he is going to do it, He will blog about his experience to Make a Million all with the help of a Mentor who is also in the video. All the Best, HPvD. Pfffffffff, long article in the Scientific American I ‘Scanned’ it.

First of all, If I don’t learn to much I will be ‘ahead of the crowd’ atleast not having to ‘unlearn’ things. (since it’s value might depend on a timescale :))

Also there seem to be other things involved here, knowledge also seems to be related to ‘consioussness’, rather than only ‘Learning ability’. With scanning the article I thought that I also ‘picked up’ something about not only ‘analysing’ but also using the ‘Expert Smarts’ to ‘automatically’ pick the meaningfull patterns (Chunks) worth analysing. Pfffffff…, Interesting stuff, thanks for telling about this article.

For what ‘Applicable Knowledge’ is concerned If you like to know about How to actually really ‘Make a Million’ (Moneywise) on my blog I recently posted an interesting (YouTube) Video about a guy telling about his plan to make a Million while going to blog about how he is going to do it, He will blog about his experience to Make a Million all with the help of a Mentor who is also in the video.

All the Best,
HPvD.

]]> By: Donald Latumahina http://www.lifeoptimizer.org/2007/08/14/how-to-become-a-millionaire-of-knowledge/#comment-28541 Donald Latumahina Sat, 18 Aug 2007 01:43:26 +0000 http://www.lifeoptimizer.org/2007/08/14/how-to-become-a-millionaire-of-knowledge/#comment-28541 HP: The knowledge in "knowledge is power" actually refers to "structured knowledge" in my post <a href="http://www.lifeoptimizer.org/2006/09/09/how-to-have-an-expert-mind/" rel="nofollow">How to Have an Expert Mind</a> (which in turn is based on <a href="http://www.sciam.com/article.cfm?chanID=sa006&colID=1&articleID=00010347-101C-14C1-8F9E83414B7F4945" rel="nofollow">an article </a>in Scientific American). This kind of knowledge is "applicable knowledge" possessed by the experts, which is different from "raw knowledge" people can easily access. Regarding "inflation", yes, I think the concept of inflation is also applicable to knowledge. It implies that the value of what we have learned will decrease over time because of the creation of new knowledge. We should keep updating our knowledge to minimize the effect of inflation. Theresa: The fact that you said "there is so much more to learn" actually shows how much you have growth. It resembles the saying "the more we know, the more we know that we don't know". Harveen: Thanks for the encouragement :) HP:
The knowledge in “knowledge is power” actually refers to “structured knowledge” in my post How to Have an Expert Mind (which in turn is based on an article in Scientific American). This kind of knowledge is “applicable knowledge” possessed by the experts, which is different from “raw knowledge” people can easily access.

Regarding “inflation”, yes, I think the concept of inflation is also applicable to knowledge. It implies that the value of what we have learned will decrease over time because of the creation of new knowledge. We should keep updating our knowledge to minimize the effect of inflation.

Theresa:
The fact that you said “there is so much more to learn” actually shows how much you have growth. It resembles the saying “the more we know, the more we know that we don’t know”.

Harveen:
Thanks for the encouragement :)

]]> By: harveen http://www.lifeoptimizer.org/2007/08/14/how-to-become-a-millionaire-of-knowledge/#comment-28429 harveen Fri, 17 Aug 2007 16:12:21 +0000 http://www.lifeoptimizer.org/2007/08/14/how-to-become-a-millionaire-of-knowledge/#comment-28429 You're welcome Donald. I enjoy reading what you have to say-keep it coming! You’re welcome Donald. I enjoy reading what you have to say-keep it coming!

]]> By: Theresa http://www.lifeoptimizer.org/2007/08/14/how-to-become-a-millionaire-of-knowledge/#comment-28360 Theresa Fri, 17 Aug 2007 05:23:24 +0000 http://www.lifeoptimizer.org/2007/08/14/how-to-become-a-millionaire-of-knowledge/#comment-28360 Hi Donald! Great post...! "As a rule of thumb, it takes about 10 years of effortful study to have an expert mind. This, of course, requires discipline which in turn comes from motivation." So many come onto the net, with an "I want it now" perception, only to find now is "relative." I've been doing my thing online for over 10 years and while I might be considered by this yardstick to be "an expert," I still know there is so much more to learn. You just never stop growing. Never giving up on the pursuit of more knowledge is where the fun (and profits) lie :) Thanks again for a great post! Hi Donald! Great post…!

“As a rule of thumb, it takes about 10 years of effortful study to have an expert mind. This, of course, requires discipline which in turn comes from motivation.”

So many come onto the net, with an “I want it now” perception, only to find now is “relative.”

I’ve been doing my thing online for over 10 years and while I might be considered by this yardstick to be “an expert,” I still know there is so much more to learn. You just never stop growing. Never giving up on the pursuit of more knowledge is where the fun (and profits) lie :)

Thanks again for a great post!

]]> By: HP van Duuren http://www.lifeoptimizer.org/2007/08/14/how-to-become-a-millionaire-of-knowledge/#comment-28270 HP van Duuren Thu, 16 Aug 2007 20:35:40 +0000 http://www.lifeoptimizer.org/2007/08/14/how-to-become-a-millionaire-of-knowledge/#comment-28270 Knowledge is Power? I have my doubts about that one, especially in this day and age that a lot more people than ever before have easy access to an incredible amount of knowledge. 'And to keep it in 'Financial Terms'....,' I wonder if there actually might be an 'Inflation' because of this. Also I do have doubts about how much 'Power' a 'Librarian' might have? Knowledge is Power? I have my doubts about that one, especially in this day and age that a lot more people than ever before have easy access to an incredible amount of knowledge.

‘And to keep it in ‘Financial Terms’….,’

I wonder if there actually might be an ‘Inflation’ because of this.

Also I do have doubts about how much ‘Power’ a ‘Librarian’ might have?

]]> By: Donald Latumahina http://www.lifeoptimizer.org/2007/08/14/how-to-become-a-millionaire-of-knowledge/#comment-28216 Donald Latumahina Thu, 16 Aug 2007 16:08:42 +0000 http://www.lifeoptimizer.org/2007/08/14/how-to-become-a-millionaire-of-knowledge/#comment-28216 Harveen: Nice quote, Harveen! I didn't know the quote before so I ended up reading about John Stuart Mill. Anthony: "You can still match even exceed those who start earlier..." I believe this is truer than ever in the Internet age. The Internet is a vast repository of knowledge in which hunger is the most important determinant of how much you can get. It should be relatively easy for you to surpass those who embraced the Internet earlier but not as hungry as you. Harveen:
Nice quote, Harveen! I didn’t know the quote before so I ended up reading about John Stuart Mill.

Anthony:
“You can still match even exceed those who start earlier…”
I believe this is truer than ever in the Internet age. The Internet is a vast repository of knowledge in which hunger is the most important determinant of how much you can get. It should be relatively easy for you to surpass those who embraced the Internet earlier but not as hungry as you.

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