When you are reading a great book, you don't want it to end.
When you found a great purpose, you are not in a hurry to reach the end either.
Many people nowadays are constantly in a rush to get things done as fast as possible, and they end up enjoying none of the journey.
Some of the greatest things in life can only be appreciated if you take it slow.
The smarter you get, the less you overthink: you know there is an opportunity cost in every thought, that you can waste years ruminating about things that will never happen, that if you want peace of mind, you need to live less in your mind, start acting, and get more things done
Yes, luck play a large part in every success stories, just like it does at every round at the poker table.
Yet, the same people at always at the winner's table.
They play more rounds, cut their losses when unlucky, and leverage gains to win.
Talent, hard work and strategy.
"Wind extinguishes a candle and energizes fire. Likewise with randomness, uncertainty, chaos: you want to use them, not hide from them. You want to be the fire and wish for the wind." - Nassim Nicholas Taleb in Antifragile https://t.co/W0pKiNJk2v
“U.S. has $200 TRILLION of unfunded liabilities. It is broke.”
“We will have complete abandonment of the dollar. And there will be a restructuring of US financial system.”
— Bond King Jeffrey Gundlach.
Precisely why the US needs wars with China and Russia.
#economy
Each photovoltaic panel has 72 battery cells which needs 7.9g of silver. It's the 2nd largest cost for it. Just one factory in Nantong, China demands 160T silver per year! At present, no substitute found. Perhaps the silver mine had already dried up before finding a substitute.
As long as you are scared of putting yourself out there and failing publicly, you will always be outperformed by competitors who are less talented but more courageous than you.
There are 303 visuals in What's Our Problem? Here are 15 of them.
First, the path of a maturing thinker. I still often find myself on this roller-coaster when I learn about a new topic. It's human nature. But as we grow as thinkers, we can get better at skipping steps 1-4.
The wisdom of crowds happens when participant provide uncorelated answers, as errors tend to cancel out.
Social media destroyed this to a large extent. People seek consensus. This makes us dumb as a group.