{"id":666411,"date":"2025-05-16T02:09:58","date_gmt":"2025-05-16T06:09:58","guid":{"rendered":"https:\/\/erickimphotography.com\/blog\/?p=666411"},"modified":"2025-05-16T02:10:23","modified_gmt":"2025-05-16T06:10:23","slug":"price-pr","status":"publish","type":"post","link":"https:\/\/erickimphotography.com\/blog\/2025\/05\/16\/price-pr\/","title":{"rendered":"Price PR"},"content":{"rendered":"\n<p>Price PR, Price Personal Record<\/p>\n\n\n\n<div data-wp-interactive=\"core\/file\" class=\"wp-block-file\"><object data-wp-bind--hidden=\"!state.hasPdfPreview\" hidden class=\"wp-block-file__embed\" data=\"https:\/\/erickimphotography.com\/blog\/wp-content\/uploads\/2025\/05\/Price-PR.pdf\" type=\"application\/pdf\" style=\"width:100%;height:600px\" aria-label=\"Embed of Price PR.\"><\/object><a id=\"wp-block-file--media-96c077d0-1ef0-4f50-ad92-d5d7e185f70e\" href=\"https:\/\/erickimphotography.com\/blog\/wp-content\/uploads\/2025\/05\/Price-PR.pdf\">Price PR<\/a><a href=\"https:\/\/erickimphotography.com\/blog\/wp-content\/uploads\/2025\/05\/Price-PR.pdf\" class=\"wp-block-file__button wp-element-button\" download aria-describedby=\"wp-block-file--media-96c077d0-1ef0-4f50-ad92-d5d7e185f70e\">Download<\/a><\/div>\n\n\n\n<p>So in the powerlifting community, we have this notion called PR which stands for a personal record. It\u00e2\u20ac\u2122s like a mythical new number that you have broken a new weightlifting record, and for us one rep Max lifters, this is the only KPI key performance index we hold onto the top of our heads.<\/p>\n\n\n\n<p>To a lot of people kind of myself included\u00e2\u20ac\u00a6 This is like the ultimate metric. Unfortunately\u00e2\u20ac\u00a6 A lot of people get their self-esteem tied into this number, and they get depressed when they hit a plateau or they are not able to increase their PR numbers, \u00ef\u00bf\u00bcin not being able to hit a new personal high. \u00ef\u00bf\u00bc<\/p>\n\n\n\n<p>A very simple thing is to increase your leverage, and be creative and come up with new techniques.<\/p>\n\n\n\n<p>For example, one of the most genius things that I\u00e2\u20ac\u2122ve done is that I was able to totally obliterate my PR, personal record numbers, my one rep Max my one repetition maximum numbers simply by innovating more creative leveraged techniques.<\/p>\n\n\n\n<p>For example, it started off modifying the dead lift. I started off conventional, then switched to sumo, and then eventually I had the wisdom to do the really really smart thing, this was the game changer: to come up with this brilliant heuristic:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>Lower the range of motion, increase the weight.<\/p>\n<\/blockquote>\n\n\n\n<p>Or,<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>Increase the leverage <em>and<\/em> increase the weight.<\/p>\n<\/blockquote>\n\n\n\n<p>So for example with a rack pull, \u00ef\u00bf\u00bc essentially what you do is you put the barbell on top of the power squat rack, at a pin higher than the floor. As a consequence, you could just move a lot more weight, and also\u00e2\u20ac\u00a6 Do it a lot safer, and, it just makes easier to rack and unwrap the weights because when you do it off the floor it is very annoying.<\/p>\n\n\n\n<p>I think the reason why the rack pull is not more common is because once again\u00e2\u20ac\u00a6 I think because Americans are so into conventional ways of doing things, everyone just wants to do it off the floor the traditional way, because they want to measure themselves against other people. For example, nobody will ever judge or compare how much weight they could rack pull Compared to other people. \u00ef\u00bf\u00bc<\/p>\n\n\n\n<p>There are several reasons for this. First, contrary to popular belief, Americans are actually not very very good at doing non-conventional things. My theory about why some Americans become very very spectacularly successful is because the desire to become the best or American exceptionalism does the following:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>99.9% of Americans follow the standard way, but, .1% of Americans do something radically different, and these are the ones who change the world.<\/p>\n<\/blockquote>\n\n\n\n<p>Also, the benefit of America is that the capital economic structure actually both allows and also encourages innovation. For example, simply being able to file taxes as a sole proprietor, makes your life 1 trillion times easier than trying to start a business in Sweden or whatever.<\/p>\n\n\n\n<p>Also, Elon Musk. He\u00e2\u20ac\u2122s from South Africa, \u00ef\u00bf\u00bcif it were not for him to come to America, he would not be the Elon Musk we know and love today.<\/p>\n\n\n\n<p>Or even consider Warren Buffett, he was only successful because he was born in America and had American markets, the US dollar. His strategy would not have worked if he used it in Argentina or Venezuela.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">The new universal standard<\/h2>\n\n\n\n<p>So now\u00e2\u20ac\u00a6 I don\u00e2\u20ac\u2122t really measure my wealth in US dollar amounts because the numbers are getting too high. Instead, the easier and the easiest way to mentally keep score is through how many bitcoins I own.<\/p>\n\n\n\n<p>I think similarly speaking, in the near future certainly 30 years out, it will not be uncommon to ask somebody how many bitcoins they own.<\/p>\n\n\n\n<p>It\u00e2\u20ac\u2122s kind of interesting because typically, it\u00e2\u20ac\u2122s considered poor manners to ask somebody how many US dollars they have in their bank account or what their net worth is. But with bitcoin, because it\u00e2\u20ac\u2122s kind of \u00e2\u20ac\u0153fake\u00e2\u20ac\u009d money, I have zero problems asking somebody straight up how many bitcoins they own.<\/p>\n\n\n\n<p>Or even funnier enough\u00e2\u20ac\u00a6 Whenever I meet another millennial or tech yuppie, I\u00e2\u20ac\u2122ll just ask them straight up how many bitcoins they own. Either the answer is none, or they might feel a little shy talking about it but eventually I could squeeze it out of them.<\/p>\n\n\n\n<p>However I would probably not ask somebody straight out what their yearly salary is, or how much US dollars they have in their bank account.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Number go up technology?<\/h2>\n\n\n\n<p>So I might be the first to think this, but doing a cross pollination of powerlifting and investing. My simple idea:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>We desire to hit a new financial, price PR\u00e2\u20ac\u00a6 as a general idea. \u00ef\u00bf\u00bc<\/p>\n<\/blockquote>\n\n\n\n<p>So for example, my only joy is when I see my numbers hit new highs, essentially it\u00e2\u20ac\u2122s like a new metaphorical one rep Max for finances.<\/p>\n\n\n\n<p>This time becomes interesting because you never ever ever want to sell any bitcoins or strategy stock to buy some sort of loser Lamborghini, because why would you see your number go down?<\/p>\n\n\n\n<p>For example, let us say that I could rack pull 1015 pounds (my new personal record as of yesterday). Even if you offered me $100,000, to see that number go to half, I would refuse.<\/p>\n\n\n\n<p>This sounds ridiculous but for myself, I would rather have a 2000 pound rack pull than even $2M dollars.<\/p>\n\n\n\n<p>Also, if in fact I became the strongest human being on the planet by a factor of like five, even one Nakamoto (one million bitcoins), wouldn\u00e2\u20ac\u2122t be worth it to me.<\/p>\n\n\n\n<p>ERIC<\/p>\n\n\n\n<p>.\u00ef\u00bf\u00bc<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Price PR, Price Personal Record So in the powerlifting community, we have this notion called PR which stands for a personal record. It\u00e2\u20ac\u2122s like a mythical new number that you have broken a new weightlifting record, and for us one rep Max lifters, this is the only KPI key performance index we hold onto the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[17],"tags":[],"class_list":["post-666411","post","type-post","status-publish","format-standard","hentry","category-posts"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/posts\/666411","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/comments?post=666411"}],"version-history":[{"count":2,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/posts\/666411\/revisions"}],"predecessor-version":[{"id":666414,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/posts\/666411\/revisions\/666414"}],"wp:attachment":[{"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/media?parent=666411"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/categories?post=666411"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/tags?post=666411"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}