mizar

autonomous human sailing through this game called life

[Ray Dalio @RayDalio]

When I talk with a "Shaper" like Elon Musk, what stands out is the ability to operate at both the big-picture level and the granular detail.

I remember him walking me through the details of his car—from the screen to the button—and in the same breath talking about putting a watering can with a plant on a rocket to send to Mars just to establish "first life on Mars" and inspire people.

True shapers naturally bridge the gap between grand vision and high-level execution.

Credit: Sam Parr, Shaan Puri, and @myfirstmilpod

#RayDalio #ElonMusk #Vision #Leadership

[Dear Self. @Dearme2_]

Adulting is realizing;

1. You will die, and most people won’t care after a while.
2. People use you until you’re no longer useful.
3. Most people secretly want you to fail.
4. One day you’ll wish you started today.
5. Most people fake happiness while dying inside.
6. No one is coming to save you.
7. You’ll be judged no matter what you do.
8. Your health is your greatest wealth.
9. Happiness is temporary—discipline is permanent.
10. Success takes longer than you think.
11. No one respects weakness, even if they sympathize.
12. Complaining changes nothing.
13. Not everyone you love will love you back.
14. Money won’t solve all your problems—but it solves most.
15. Social media lies to you every day.
16. You’re replaceable at your job.
17. Life is unfair—get used to it.
18. One day, you’ll run out of days.
19. Regret hurts more than failure.
20. Nobody cares about your excuses. Work harder

The earlier you understand this, the better and easier your life gets.

[CooperBaggs 💰🍞 @edgaralandough]

The older I get the more I realize most of life comes down to about 5 decisions. Who you marry. Where you live. What you do for work. Who you spend time with. What you do with the hours nobody sees. Get those 5 right and you can screw up almost everything else and still be fine.

[mizar @bbrusselsprouts]

waiting for my delulu math to start mathing 👉👈

[Yueya @yueya_eth]

今天和一个有钱的朋友聊起“真正的奢侈”。

我以为他会说私人飞机、游艇，或者在几个城市都买房。

他说，自己想要的恰恰相反。

在伦敦住三个月，冬天去迪拜，夏天去意大利。天气变差就走，政策烦人就走，税收环境变得不友好也走。

最好的房子可以租，最好的车可以租，绝大多数东西都不必永久拥有。

他只想保留极少数真正锚定生活的东西，其余一切都保持流动。

后来他算了一笔账。

伦敦一套 500 万英镑的公寓，印花税可能就接近 100 万英镑。再加上服务费、维修、管理，以及未来任何新税种，这套房子带来的已经不只是居住体验，还有一份长期行政工作。

同样的钱，足够他在很多年里住进更好的地方，同时保留随时离开的权利。

安静生活和自由流动，其实并不冲突。

你可以读书、散步、看老电影，按自己的节奏工作；也可以随时换一个城市，换一种天气，换一种生活。

真正高级的状态，是拥有足够多的选择，同时承担足够少的依赖。

能接触几乎所有东西，却很少被任何东西束缚。

这大概才是财富最终应该带来的东西：

平静，选择权，以及随时离开的能力。

[mizar @bbrusselsprouts]

compute, rationalise, apply, extrapolate, forecast

[Justin Welsh @thejustinwelsh]

Every unsuccessful person I know believes the game is rigged. Every successful person knows the game is rigged and learns how to play.

[ostonox @ostonox]

this gotta be a harry potter situation where lamine yamal is the only one who can kill him

[mizar @bbrusselsprouts]

Is ABF potentially a bubble of sorts

[Sahil Bloom @SahilBloom]

WARNING: Longer post (but worth reading or bookmarking for later).

Your life has seasons.

Each one is unique. Characterized by its own distinct desires, struggles, opportunities, and identity.

But one reflection I've had recently is just how easy it is to completely disassociate with the present season.

To give all your time and energy toward a longing for some nostalgic memory of a prior season or an anticipation for some beautiful state of a future season.

You look back at the past and all you see is sunshine. Because it all worked out. You forget (or glaze over) the struggle you endured. You're here today. You made it. You're alive. You're doing fine.

You look forward at the future and dream on what could be. You'll have so much more. More freedom. More purpose. More health. More deep connection. More everything.

The past is beautiful and the future feels limitless. So, logically, you slowly start to treat everything about the present as the bridge. A dash connecting your past and your future. A gap to be crossed as quickly as possible.

Everything you do today is in anticipation of some eventual end state.

I'm doing this now, so that I can have that later.

Unfortunately, the danger of that dissociation with the present is significant. You may spend your entire life living for a future that has a decidedly mirage-like property. You inch closer, but when it's right in front of you, it disappears and reappears on the horizon.

You may spend your entire life skipping through the present, deferring your presence, your joy, and your very humanity to a future that never comes.

In a classic French fable, a young boy is gifted with a magic ball of golden thread. He's told that if he simply pulls on the thread, time will leap forward. The catch, of course, is that once it's pulled, it can never be put back.

The young boy takes advantage of the newfound powers. Each time he's faced with a boring day at school, a frustrating set of chores, or a scolding from his parents, he pulls the thread, skipping through to the good parts.

As an adult, he continues, leaping through mundane struggles in his marriage, the friction of having a newborn, and the boredom at work. He finds himself pulling on the thread more and more, avoiding even the most minor inconveniences of his life.

But when he wakes up one day and sees an old man looking back at him in the mirror, he's filled with regret. He realizes in that moment that as he chose to skip through the boredom, struggles, and friction, so too did he miss the real texture of being alive.

How often do we all do the same? How easily do we default into this disassociation? Disconnecting from the present in anticipation of some future.

A mentor recently asked me this:

"Where are you going and why are you in such a rush?"

It hit me hard.

And to be honest, I haven't stopped replaying those words since he said them.

Why are you in such a rush?

The world wants you to rush into everything. Rushed decisions. Rushed conversations. Rushed relationships. Rushed timelines.

In doing so, you slowly relinquish your agency. You give up your claim on your own life. Surrender authorship to a pen that was never even yours.

In a world that wants you to rush, the ultimate act of rebellion is presence.

Be in the season you're in. Don't romanticize the past, don't fantasize the future. Be here. Be now. Be in this. All of its texture, depth, and struggle. All of its joy, tension, and pain. Sit with the uncertainty. Become friends with it. Fall in love with it.

Because every single thing you do today is something your younger self dreamed of and something your older self will wish they could go back and do.

The good old days are happening, right now.

And the next time you find yourself skipping through the present, remember these words:

Where are you going and why are you in such a rush?

[mizar @bbrusselsprouts]

"Whenever my version is different from somebody else's, Alice, use the less flattering version."

[mizar @bbrusselsprouts]

lessons learnt so far:

1. never make important decisions when you're angry, sad or very happy.
2. never bet against human nature.

[Ramin Nasibov @RaminNasibov]

Inside the box, Schrödinger’s cat plots its revenge.

[Alcasa @xiamaz]

@longironcondor Totally get it, my first words were "shareholder value"

[dior ✞ @deeore5]

the older i get the heller the no

[Incentivising @incentivising]

Game theory pretty much proves that the long game is not a strategy most people can execute at all. That's because it tends to require a negative short-term position in exchange for a real advantage later. Most people cannot commit to this because their threat-detection system reads current loss as an existential failure. And that's vicious short-sightedness. It leads them to optimize for visible progress and sacrifice their real position. The people who constantly win rarely have better information. Instead, they accept that losing now will pay off later. Never quit a game before it starts.

[kache @yacineMTB]

there's fuck you money, but then there is fuck you skills. you can be so skilled that you don't actually have to care about what people think. you'll be fine no matter what

[Nooka @nookclay]

The Polar Bear in the Bookshelves

[The Kobeissi Letter @KobeissiLetter]

The software sector is facing a massive debt wall:

~$40 billion in software and services debt matures in 2028, the largest single-year concentration.

The vast majority of this is rated B- or lower, deep in junk territory, with no investment-grade debt in the mix.

In total, ~$100 billion in software debt matures from 2026 to 2029, with an additional ~$70 billion beyond 2030.

Meanwhile, AI disruption is increasing credit risk for software borrowers, the exact companies that private credit funds have been lending to most aggressively.

Software is also the largest sector in the leveraged loan market, representing 12% of the total.

Refinancing this debt at higher rates with deteriorating fundamentals will be a growing problem for the sector.

The software sector has a tough road ahead.

[Dailymeow @Dailymeoww1]

I texted my mom, ‘How’s the cat at home?’ and she sent me this photo 🥰❤️