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mirrormind

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He is speaking in the context of once you set a goal then don't quit. Eg: I have to get a job in one month. Now, once you define a goal that is measurable and is important to you. Will you be able to watch netflix if you are consumed by your goal day and night? If your thoughts are fooling you,then you will get discouraged by every small failure. I think it helps to be less emotional and mechanical in the pursuit of a goal.

Its like any other speculative investment. Define how much you are willing to lose(risk). Once that condition is met, sell. If it goes up, take some profits. It's all about risk management and the discipline to stick to your rules.

Why is IBM outsourcing then? It's not just about money. They can't find an American to do that job. Americans get paid more and can find more interesting work. Plus, Indians are really good at delivering code fast of inferior quality. Americans like most people here delve too deep in stuff and are slow at churning code.

I am an Indian and i will tell you how it is. Most indians in india and the valley where i live and work suck in programming. I can't say how i do because we can never judge ourselves objectively. Indians in India write bad code because they will they are being cheated and being paid less money. The other issue is the education system is to memorize stuff and get a job so they can make money. There is no passion to do great or decent work. The end goal is to keep a job and make money. The same is true for people who work for google or amazon. They memorize the damn interview questions and get the job. Now all this is my experience with majority. So don't ask me for a study. I am sure there are exceptional programmers, founders that are Indian but majority aren't.