The U.S. constitution is 7,591 words. The average mortgage contract is over 15,000 words, and Apple’s iCloud terms of service agreement is 8,800 words.
Accurately identifying secular trends before they happen is a durable way to generate outsized returns—as an investor, entrepreneur, or operator.
@SahilBloom
Loss Aversion: people were typically willing to take actions to avoid losses that they wouldn’t have taken to seek gains.
Example: The pain and fear of realizing a loss often leads investors to hold onto losing positions much longer than they should.
from @SahilBloom
Common gaslighting terms:
1.“You’re overreacting.”
2.“You’re too sensitive.”
3.“You’re imagining things.”
4.“I never said that.”
5.“It’s not a big deal.”
If someone constantly tells you that you’re overreacting, it’s a gaslighting tactic. They’re trying to make you doubt your beliefs and thought processes.
Taking pride in your work is healthy in every sense. Sometimes, your work may not be directly lucrative. But you must be aware that money can come to you from any direction.
"The flow of money to you is not limited by your work. But if you believe that it is, then it would be."
7. Cultivate an obsessive desire to be excellent at what you do.
Keep this in your mind always. Average is unacceptable.
Forge ahead on the path toward mastery, knowing that every extra minute you put in compounds.
Living life believing that every single person in your life is gonna hurt you in one way or another is the best way to live life, your wife your kids included
Leaders with a sense of humour are seen as 27% more motivating — their teams are more than twice as likely to solve a creativity challenge. Humour also sells — adding a light-hearted line in a sales pitch can make customers willing to pay 20% more - @aaker