There are two reasons why someone may never create anything of their own: 1) They never begin because they don’t feel “ready.” 2) They never finish because the thing they are making is never “done.” You can solve the first problem by accepting that you will never, ever finish learning, and therefore a state of complete “readiness” does not exist. And you can solve the second problem with “Satisficing” - delivering the minimum viable version of the thing you’re creating.
Read MoreStress is not always bad for the organism experiencing it. Trees, for example, get stronger when the wind blows them around. They grow a special kind of stress wood in their load-bearing trunk that can help move and position them for optimal light. The wind stressor helps them reach full maturity. When stress makes an organism more robust, it’s called hormesis.
Read MoreConfirmation bias is your tendency to seek out and interpret evidence as confirmation of your current belief or position. It can make you ‘double-down’ on an objectively bad decision. It’s the reason why horoscopes work and why people remember the same event in different ways.
Read MoreIf you are feeling stagnant and want to grow, try building something from the ground up. It doesn’t matter what it is. It could be a business idea, a podcast, a website - whatever - just make sure you are building it from the ground up. Here's why: 1) It will make you a learning machine. 2) It will teach you specific knowledge. 3) It will give you skin in the game.
Read MoreNassim Nicholas Taleb created the term Ludic Fallacy to describe how people mistake the kind of uncertainty found in games to the kind of uncertainty found in real life. Here’s how you can avoid the Ludic Fallacy and make better decisions around risk…
Read MoreFear. It destroys your endeavors far more effectively than failure ever could because it stops you from starting in the first place. The other side of fear is preparation. The amount of fear you feel about something is inversely correlated to how prepared you are for that event to occur. The more prepared you are, the less you have to fear.
Read MoreIt was a surreal experience attending Charlie Munger’s talk at the Daily Journal Corp’s annual shareholder meeting in Los Angeles. Here’s my summary of his address in bullet-point form. Enjoy!
Read MoreThe world needs more selfish people. I’m not talking about rude, egotistical maniacs. I’m talking about the kind of selfish people who take care of themselves before they take care of other people. Because as the saying goes, you can’t pour from an empty cup.
Read MoreJealousy is destructive. It’s the root of bad investments, of FOMO (fear of missing out), and, as Munger points out, there’s no upside – only pain. The good news is that there’s a relatively easy way you can use to get rid of this feeling. And once you make this mental trick a permanent practice, you’ll never feel jealous again.
Read MoreI recently wrote a Twitter thread on 20 thoughts to end my 20s. This article is that thread in article form. If you want to see the original thread, you can find it here. Inspiration: Charlie Munger, Naval Ravikant, Warren Buffett, Nassim Nicholas Taleb, Peter Kaufman. 1. Gratitude is a superpower. If you can be grateful for the things you have, opportunities will find you. Authentic gratitude can change your life […]
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