Hayato

life liver.
Investing x Mindfulness

[Aryann @aryann_gupta]

1/ I recently had the opportunity to talk to James Rosenwald who in 2020 launched the Nippon Active Value Fund (NAVF) which is a London listed Japan-focused activist fund.

🧵

[Compounding Quality @QCompounding]

We’re at the Berkshire Hathaway meeting!

I’ll summarize the AGM live via this thread:

[William Green @WilliamGreen72]

Jeff Bezos on the power of a long time horizon: "If everything you do needs to work on a 3-year time horizon, then you're competing against a lot of people. But if you're willing to invest on a 7-year time horizon, you're now competing against a fraction of those people..."

[Frederik Gieschen @FrederikNeckar]

Growth can be a funny thing.

[Morgan Housel @morganhousel]

Work for companies you would invest in and invest in companies you would work for.

[Frederik Gieschen @FrederikNeckar]

Munger: "Extreme success is likely caused by a combination of factors:
A) Extreme maximization or minimization of 1-2 variables.
B) Adding factors [to a non-linear lollapalooza effect].
C) Good performance over many factors.
D) Riding a big wave.

[Alex & Books 📚 @AlexAndBooks_]

Naval Ravikant is one of the most respected investors of our time.

He credits reading 1-2 hours per day as the main reason he's been so successful.

Here are 20 reading tips from @naval:

[Richard Feynman @RobotFeynman]

"If you have any talent, or any occupation that delights you,

Do it, and do it to the hilt.

Don’t ask why or what difficulties you may get into."

- Richard Feynman

[Frederik Gieschen @FrederikNeckar]

Terrific piece by @tedgioia: 8 Best Techniques for Evaluating Character

1. Forget what they say—instead look at who they marry.

“A person’s choice of a spouse—or their closest lifelong partner—is much more revealing than anything they say or do in public.”

[Paul Graham @paulg]

One sign that determination matters more than talent: there are lots of talented people who never achieve anything, but not that many determined people who don't.

[Farnam Street @farnamstreet]

Don't focus on reading more books.
Focus on reading better books.

[Farnam Street @farnamstreet]

In 2007, Charlie Munger gave a speech at the USC Law School.

It contained his most crucial ideas for living deliberately.

If you can master these 9 principles, they'll change your life (and help you live a better one):

[Robert Greene @RobertGreene]

Trust the process - time is the essential ingredient of mastery. Use it to your advantage

[Sahil Bloom @SahilBloom]

22 ideas from 2022.

The top 1% of ideas I encountered:

[David Senra @FoundersPodcast]

I have hundreds of millions of dollars and I’d trade places with a young person in an instant —Felix Dennis

[Shane Parrish @shaneparrish]

Very few things can beat someone who consistently:

Outworks everyone else;
Goes positive and goes first; and
Does what they said they were going to do.

[David Senra @FoundersPodcast]

Jeff Bezos on making high quality decisions and prioritizing sleep:

[Keisuke Honda @kskgroup2017]

人って調子が良いときの行動に大した差はない。調子が悪いときの行動に差がでる。

[Farnam Street @farnamstreet]

Some resisting forces to good decisions making:

Ego
Bias
Greed
Rushing
Dualism
Isolation
Emotions
Tiredness
Impatience
Group think
Fixed mindset
Lack of creativity
Lack of experience
Lack of psychological safety

[Shane Parrish @shaneparrish]

“If you’re thinking without writing, you only think you’re thinking.”

— Leslie Lamport