The ultimate password for wealth upgrading | About: Wealth - Time - Cognition - The compound interest flywheel of wealth. This is a cognitive flywheel that ordinary people cannot achieve, because what they achieve is no longer an ordinary person. It delves into the underlying laws of truly accumulating wealth and obtaining results: Let wealth growth and intellectual cognition grow simultaneously, forming a positive cycle, I saw that @ taoshenga19 directly gave the formula: Holding truly high monopoly scarce assets ➡️ Create passive income ➡️ No longer rushing for vitality ➡️ Leave some free time ➡️ A large amount of idle learning, thinking, and judging scarce assets ➡️ Continue to hold scarce assets ➡️ Forming a spiral compound interest growth of assets and intelligence. ​​​ one ️⃣ Scarcity means limited supply (such as Bitcoin, core land, and equity of top companies). Monopoly means that it can continue to control pricing power and cash flow (such as Apple's ecosystem, Nvidia's computing power, Buffett's moat company). This type of asset can bring stable and sustainable passive income, rather than relying on games and short-term speculation. two ️⃣ Time leverage: Idle is not idle, but 'cognitive arbitrage' The key to 'no longer rushing for vitality, leaving free time' is: Ordinary people are busy with short-term survival and have no spare energy to jump out of the Red Sea. The real advantage is the ability to shift time from "making a living" to "learning and thinking", which means entering cognitive games that only a few people can play. This is why the so-called "freedom of time" is more difficult than "freedom of wealth", because only leisure can develop the ability to think deeply and judge scarce assets. This is difficult to achieve because the current mainstream value is that you have to be busy, but most of the time, most people are just doing a few things blindly, or being busy is just to avoid thinking and the truly important things. We need to change this mindset. If you work only 2 hours a day, and if your efficiency is high and what you are doing is helpful for your cognition and wealth, then it is the best "idleness". You need to work hard to take this step! three ️⃣ Spiral Growth: Compound Interest of Assets x Intelligence The last sentence 'forming a spiral compound interest growth of assets and intelligence' is very interesting: Assets provide a safety cushion and passive income, allowing you to dare to hold for the long term without being driven by emotions. Intelligence provides judgment and helps you identify the next truly scarce thing. The two reinforce each other: intelligence prevents you from losing assets, and assets in turn give you more learning and validation chips. In the long run, it's like a snowball effect, not just 'money generates money', but also 'cognition generates money+money buys cognitive space' So the final thing I want to say is—— The true scarcity lies not in the assets themselves, but in the ability to enter this flywheel. The vast majority of people are trapped in the first layer, spending their entire lives exchanging money and time. Only a very small number of people can complete the leap from wealth to time, and then to cognition. Once crossed, he enters an infinite self reinforcing spiral, becoming a 'minority among the few'. Review it—— Scarce assets are the starting point, idle time is the leverage, cognitive upgrading is the core, and spiral compound interest is the end. This is not a shortcut, but a practice of layer by layer selection.