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I caught up on two of Matt Mullenweg’s podcasts today. As always, it was insightful to listen to Matt. I highly recommend checking them out if you are into technology, open-source, and the internet. Read more
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Enjoyed this three-hour conversation between Tim Ferriss and my favorite author, Morgan Housel. I highly recommend checking it out. I watched this fascinating discussion in two sessions and as always learned a lot from Morgan. You will find the show notes and links here on the following episode web page: Read more
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Money is often a negative art. What you don’t do can be more important than what you actively do. Everything has a price, and prices aren’t always clear. The price of exercise isn’t just the workout; it’s avoiding the post-workout urge to eat a ton of food. Same in finance. The price of building wealth isn’t just the trouble of… Read more
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When you decouple your ego from a bad outcome, it creates an opportunity for you to learn from it. When you decouple your ego from a good outcome, it saves you from future disasters. Vishal Khandelwal in How to Stop Sabotaging Your Investing In that post Vishal mentions What I learned by losing a million dollars book, which is… Read more
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All I can say is that writers of all ages should stay away from the extremes of hypersensitivity-to-feedback and obliviousness-to-feedback. Seek out wise criticism. Reserve time in your week for the regret that comes with getting things wrong. I promise the feeling will go away, and something else will appear in its place, which is learning. Derek… Read more
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I recently overheard the following comment about contracts in a podcast. Any kind of contract is 50% what’s on the page, and 50% good faith. It is so true and aligns with my worldview. ↵ Back to Bookmarks page. Read more
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It’s tempting to want to find the one big skill that will set you apart. But most incredible things come from compounding, and compounding isn’t intuitive because the incremental inputs are never exciting on their own. Big Skills by my favorite blogger and author, Morgan Housel Read more
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When working with people, assume good intentions. When listening to people, interpret their words in a generous way. You will occasionally get burned and mistreated by always assuming the best in others, but it is a far better way to live than the opposite. January 27, 2022 issue of James Clear’s 321 newsletter Read more
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I am generally skeptical about experts and their forecasts. The following quote from a humble, expert economist I respect and admire, drives my point: …there’s something I learnt in this field three to four decades ago. It doesn’t matter how many ifs, buts and caveats one sticks around a subject, people still want to know what your forecast is… Read more