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What is meant by a "fully secured liability"?
Immediate Pleasures
Gratification or satisfaction experienced in the present moment, without delay.
Long-range Rewards
Benefits or outcomes that are not immediate but are achieved over a longer period.
10-year Rule
A principle suggesting that it takes approximately 10 years of intensive practice or study to achieve mastery in a field or discipline.
Expert Performance
A high level of skill or knowledge in a particular area that significantly surpasses that of the average person.
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