Bookmarks
Selection of ideas I liked from reading books and blogs.
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Last night, I watched Skyscraper Live on Netflix. It was livestreamed on Jan 25 earlier this year, and I finally caught up with it! I have been pondering over these very inspiring words at the end of the 2-ish hour long show: Most of us will never scale a skyscraper, but we all know what…
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So what do you do in a world where the bar keeps getting higher? I’ll tell you what you don’t do. You don’t give up. You don’t say, “There’s nothing I can do.” Because that is guaranteed to fail. It’s guaranteed to leave you in the same place as before while the world gets even more competitive. Instead,…
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…to get to the future you have to survive the past. Path dependence is so important—because every action you take today influences what actions you can take tomorrow. you should never borrow too much against your future. Because a brighter future is promised to no one. Borrowing From Your Future Can Cost You Everything on Of Dollars And…
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There’s something in the human mind that’s simply afraid of new territory: new situations and new feelings. This fear is meant to protect you from new forms of pain, but it can dominate your life and prevent great things from happening at all, which is probably more painful in the long run. … This fear…
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In a rapidly rising market, the faster you trade, the better you’ll do — and that makes you forget that those whom the gods would destroy, they first make confident. The more you know, the higher the odds that you’ll make a serious mistake. That’s why it’s not the beginners who tend to die at…
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The world is full of free invitations to self-improvement that are ignored by most people most of the time. Putting it crudely, it’s easier to be fat and ignorant in a world of cheap, empty calories than it is to be fit and informed. It’s hard to resist the temptation of minimal effort. – DHH…
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This is a great episode on The Morgan Housel Podcast. Your willingness to believe something is influenced by how much you want and need it to be true. If you tell me you’ve found an easy way to double my money in a week, I’m not going to believe you; I am just going to…
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You should never look down the road not taken. Because that road never leads to where you think it should. Never Look Down the Road Not Taken by Nick Maggiulli
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Whenever we are surprised by something, even if we admit that we made a mistake, we say, ‘Oh I’ll never make that mistake again.’ But, in fact, what you should learn when you make a mistake because you did not anticipate something is that the world is difficult to anticipate. That’s the correct lesson to…
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What actually brings happiness is the contrast between what you have now and whatever you were just doing. When you realize how powerful expectations are, you put as much effort into keeping them low as you do into improving your circumstances. Happiness, contentment, joy … all of those things come from experiencing a gap between…