Mar 5, 2007

Day Six - Continued

As promised a declaration of purpose:

Post-Drop Studies in Success.

Simple, borderline clever, nice encapsulation.


WTF does that mean?

Whatever the hell I want it to mean, it is my life damnit!


Studies in Success? But you dropped out.

Maybe I have been unclear as to why I have dropped out. I feel my time can be better spent learning on my own, using the resources of the university I work for and the internet, and building my own career path.

Think about it for a second.

When in life is the best time to get your shit together?

When in life is the best time to start a business?

When in life is the best time to fail?

Yo, right here baby.

I can do all of those and still have my entire life ahead of me. Ever take an economics class? No? Well let's look at a simple explanation of the time value of money.

The present value formula is the core formula for the time value of money; each of the other formulae is derived from this formula. For example, the annuity formula is the sum of a series of present value calculations.

  • The present value (PV) formula has four variables, each of which can be solved for:
    1. PV the value of a dollar at time=0
    2. FV the value of a dollar at time=n in the future
    3. r equals the interest rate that would be compounded for each period of time
    4. n is the period of time you want to equate.

Or even simpler. A bird in the hand is worth two in the bush.
Those 'birds' can be anything in life.

So there you go. Post-Drop Studies in Success.

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