bookmarks
Selection of ideas I liked from reading books and blogs.
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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
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If you can’t use your legs and they bring you milk when you wanted orange juice, you learn to say ‘that’s all right,’ and drink it. Franklin Delano Roosevelt via Morgan Housel
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As I become impatient with a couple of long-term goals that don’t seem to be progressing fast enough, I seek solace from a couple of encouraging perspectives on time: Nearly everything awesome takes longer than you think. Get started and don’t worry about the clock. James Clear Demotivated because of how long it’ll take? Remember
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Our possessions should be suited to our bodies and lives, just as our shoes are suited to our feet. Epictetus I recently read The Manual: A Philosopher’s Guide to Life and have been pondering over the above quote from that book. That’s the philosophy I apply when I buy things, from the clothes I wear
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Five years is a long time. It is much slower than most of us would like. If you accept the reality of slow progress, you have every reason to take action today. If you resist the reality of slow progress, five years from now you’ll simply be five years older and still looking for a
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I recently read Carl Richards’s personal finance book The Behavior Gap, in which I came across this quote that struck a chord with me: When the Zen master Wu Li was asked what to do to achieve enlightenment, he responded, “Chop wood, carry water.” When he was asked what to do when you have achieved
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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