<h1 id="reading-2022-02-07">Reading 2022-02-07<a aria-hidden="true" class="anchor-heading icon-link" href="#reading-2022-02-07"></a></h1>
<h2 id="metadata">Metadata<a aria-hidden="true" class="anchor-heading icon-link" href="#metadata"></a></h2>
<ul>
<li>Ref:: <a href="https://www.youtube.com/watch?v=5Vxjyz9DZ6k">The Swedish Investor | Youtube</a></li>
<li>Title:: The Intelligent Investor’s Road to $1,000,000</li>
<li>Author:: <a href="https://www.youtube.com/channel/UCAeAB8ABXGoGMbXuYPmiu2A">The Swedish Investor</a></li>
<li>Year of publication:: 2022</li>
<li>Category:: Blog</li>
<li>Topic:: <a class="color-tag" style="--tag-color: #53fca1;" href="/notes/dAHQA4XNlgopAtRMDy7MF">#topic.investment</a></li>
<li>Related:: <a href="https://en.wikipedia.org/wiki/Dunning%E2%80%93Kruger_effect">Dunning–Kruger effect| Wikipedia</a>, <a href="https://dev.to/theiyd/the-dunning-kruger-effect-3cj2">Idrees Dargahwala</a></li>
</ul>
<h2 id="notes-from-reading">Notes from reading<a aria-hidden="true" class="anchor-heading icon-link" href="#notes-from-reading"></a></h2>
<p>This inspirational clip visualize how an average person can achieve a financial freedom, without much efforts, just discipline is enough. This situation can only work if you have belief that future will be better than now.</p>
<p><img src="https://ik.imagekit.io/casa/h7b-dendron/Screenshot_2022-02-07_025657_00vH7BwrBdE.jpg?ik-sdk-version=javascript-1.4.3&#x26;updatedAt=1644199067419" alt="stages-of-personal-finance"></p>
<p>Off topic, two next visuals illustrate the <code>Dunning-Kruger Effect</code>, which explain a <a href="https://en.wikipedia.org/wiki/Cognitive_bias">cognitive bias</a>, or a situation when </p>
<ul>
<li>unskilled people overestimate their competence and </li>
<li>skilled people underestimate their abilities relative to the abilities of others (an overly positive assessment of the skills of others)</li>
</ul>
<p><img src="https://upload.wikimedia.org/wikipedia/commons/4/46/Dunning%E2%80%93Kruger_Effect_01.svg" alt="dunning-kruger-effect-1" style="max-width:300px;display:block;margin:0 auto;"></p>
<p><img src="https://res.cloudinary.com/practicaldev/image/fetch/s--SCqfG4p1--/c_imagga_scale,f_auto,fl_progressive,h_420,q_auto,w_1000/https://thepracticaldev.s3.amazonaws.com/i/8ns9b0l2ior4j0w42h2q.jpg" alt="dunning-kruger-effect-2" style="max-width:300px;display:block;margin:0 auto;"></p>

Investor Road to 1 Million

h7b-dendron

# Hey 👋

Welcome to my [digital garden](https://maggieappleton.com/garden-history).

I use this as a frictionless way to
- communicate my thoughts via blog post
- quickly reference my notes.

If you've got any questions or interesting technical problems, please reach out to
- email: `h(at)kool(dot)casa` 
- or start a [discussion in GitHub](https://github.com/h7b/h7b-dendron-netlify/discussions/1).

Huy (he/him)