WWOTS 003: Smuggling Money Out Of China

 
 

Mike and Jon discuss some new gadgets they’ve bought, how to get money out of China $500 at a time, Jon’s long path toward personal development and organization, the value of tracking how we spend time, how to assess goals and measure success, a trip to South Korea, Jon’s total lack of punctuality, Mike’s tooth infection, dental insurance, medical insurance, and how and why insurance is structured like it is.


 

Links:

Jon’s new phone: Xiaomi Redmi Note 4

 

Mike’s super battery case for his Samsung

 

Book: The Second Machine Age

 

Book: The House of Morgan

 

Changing currency in China: Only $500 a day

 

Time Tracking Application - toggl

 

Once you eliminate time sinks priorities must be set:

 

Jon went from reading deeply esoteric books: The Basic Writings of Existentialism; Going Dutch

Toward more generally applicable and accessible material: The History of Western Philosophy

 

Our old marching band

 

Jon was Drum Major

 

Dental insurance average costs and coverage

 

Planned parenthood

 

Insurance is designed to reduce risk not smooth out consumption

 

The new deal created substantial incentives for firms to provide health insurance

 

Jon’s old car: The grey ghost: a steel tank