Ramit Sethi: Brave or stupid?

I recently listened to an interview with Seth Stephens-Davidowitz, a data scientist who is perhaps most notorious for discovering, through Google Trends data, that the country of India has a unique and unholy interest in adult breastfeeding.

Less well-known is that Stephens-Davidowitz was also college roommates with Ramit Sethi, the best-selling “I Will Teach You To Be Rich” finance guru who currently has his own Netflix show.

I don’t follow Ramit, so I don’t know if the story below is well-known. But it was new to me. Stephens-Davidowitz said of Ramit and their time as roommates:

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He announces he’s going to teach everyone personal finance. So he starts plastering around the whole dorm, “RAMIT SETHI’S PERSONAL FINANCE CLASS.”

I’m just like, “Ramit, you don’t know anything about personal finance. What the hell are you talking about? Nobody’s going to show up to your stupid class on personal finance.”

He puts on this class.

​​I think two people showed up. One of them had a big crush on him.

And I felt so bad. I’m like, this poor guy has no sense of what the world wants from him. He’s making a fool of himself. What a loser.

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I read somewhere that, “Courage is knowing it might hurt, and doing it anyway. Stupidity is the same. And that’s why life is hard.”

Ramit Sethi persisting in spite of total initial failure is courage.

But we’ve never heard of the millions of unsuccessful morons who persisted and maybe persist still, in spite of clear signs telling them to stop.

And that’s why life is hard.

Except then I thought a bit more. I realized that you can make the odds better in your favor, and make life a little less hard.

It comes down to asking, does persistence here give me any meaningful accumulation?

There are fields where, if you continue to stick to it, your odds get no better, and maybe they even get worse.

Me winning the lottery is no more likely tomorrow even if I play the lottery today.

​​And me becoming a professional tennis player… that’s impossible today, and even with practice and dedication, it would only become more impossible tomorrow, as I get older, slower, and less likely to take even a point off a highly promising 14-year-old prospect.

But there are other areas where persistence does give you meaningful accumulation.

An email list is one. If you don’t do much of anything but stick around and keep emailing, your list will grow, however slowly. Eventually, you’ll cross some threshold where you have real influence.

Another area is money-making skill. You might have zero or negative money-making skills today. You might be an actual anti-talent. So was I, once upon a time.

But if you persist in learning and practicing a money-making skill, then the knowledge accumulates. Eventually, it crosses over a threshold where you have real skill at making money, first for others, then maybe even for yourself.

Life is hard if you don’t choose wisely, and if you keep investing in things that cannot or will not give you a return.

But invest in things that are almost guaranteed to pay you back, and you can wind up with your own version of the Ramit Sethi story above. Maybe some smartass who knows you today will be telling the story tomorrow of how, unbelievable but true, you weren’t always the huge success everybody now knows you as.

Anyways, enough Eat Pray Ramit.

I’ll now point you to my Most Valuable Email course today. For one, because it can help you keep emailing day after day (I personally find Most Valuable Emails most fun to write).

For another, because Most Valuable Email can help you build up an audience by doing nothing more than creating content (people will start recommending you on the strength of your emails alone).

But most importantly, because each time you write a Most Valuable Email, it accumulates a bit of money making skill in your brain. And eventually, that accumulation becomes meaningful.

If you’d like to get started today:

https://bejakovic.com/mve/