Reblog: Short Money Rules

I feel like I am becoming tad wiser these days by reading Morgan Housel’s Collaborative Fund blog. This list of 29 Short Money Rules is one such gem I read on this blog today.

A few rules that stood out to me:

21. Being nice to people is the easiest career competitive advantage.

22. Being smarter than others is the hardest.

Choose wisely!

Then there is this rule that I liked:

2. Most people are afraid of looking wrong.

I think not worrying too much about my ego, always being open to feedback and iteration are what makes me unafraid of looking wrong.

As an aside, if you have more time, I highly encourage you read The Psychology of Money post on this blog. It is a long and interesting read. I first found it in my colleague Jeremey’s newsletter and have read it three or four times since. I am sure I will read it a few more times. It is such a good analysis of human psychology and behaviour.

Ben Horowitz’s Commencement Speech at Columbia University

Ben Horowitz’s speech at Columbia University is a great commencement speech I enjoyed in a long time.

It is witty, insightful, optimistic and unconventional.

I loved his main idea: follow your contribution instead of your passion. The next thing I loved is this quote:

As human beings we want to be liked. It’s anthropological. If people didn’t like you in caveman days, they will just eat you. So you really have a natural built-in instinct to want to be liked. And the easiest way to be liked is to tell people what they want to hear. And you know what everybody wants to hear? What they already believe to be true. So the last thing they want to hear is an original idea that contradicts their belief system. So it is very hard to even bring that kind of stuff up. But those are the things – those are the only things; things that you believe, that everybody around you doesn’t believe, when you are right, that creates real value in the world. Everything else people already know. It is just business usual. So it is very important to think for yourself.

A must watch!

Not giving a fuck

Tim Ferriss tweeted and I retweeted this great post titled, The Subtle Art of Not Giving a Fuck.

It has so many f-words in it but it is a great post I read today and I am glad I read it. So please don’t get offended or distracted by the overdose of f-words and try to understand the point it is making.

If I have to remember only one thing from this post, it is this:

Because when we give too many fucks, when we choose to give a fuck about everything, then we feel as though we are perpetually entitled to feel comfortable and happy at all times, that’s when life fucks us.