ELI5: Explain Like I'm 5

Rational egoism

Rational egoism means that you should be thinking about what is best for yourself all the time. This means that you should try to make decisions which will help you in the long-term, like studying hard in school so that you can get a good job later. It also means that you should think about how something will benefit you before you decide to do it, even if other people think it is a good idea. Basically, it is all about making sure you think of yourself first.