One sentence summary Author: Charles T. MungerTopic: Investment and risk managementPrint | Ebook ⭐ Key Notes ⭕ Circle of Competence Focus on what to avoid Focus on what not to do, before considering affirmative steps. Pay attention to mistakes of omission. Pay attention to the micro to get the macro. The keys to becoming an …
📜 Poor Charlie’s Almanack: The Wit and Wisdom of Charles T. Munger Read More »
We underestimate the role of randomness in everything around us. Humans are vulnerable to many heuristics and biases of probability and nonlinearity. Author: Nassim Nicholas TalebTopic: Risk managementPrint | Ebook ⭐ Key Notes We underestimate the share of randomness in everything. We are blind to probabilities. We attribute success to skill, but failure to randomness. …
🐈 Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets Read More »
Strive to be antifragile by protecting yourself from extreme negative events and allow positive black swans to take care of themselves. Author: Nassim Nicholas TalebTopic: Risk managementPrint | Ebook ⭐ Key Notes Protect yourself from extreme harm and let positive black swans take care of themselves. Volatility is information. No opinion without risk, and no …
Focus on being effective by setting clear priorities, enable strengths, and make weaknesses irrelevant. Author: Peter DruckerTopic: LeadershipPrint | Ebook ⭐ Key Notes 5 habits Know Thy Time. Focus on Contribution. Make Strengths Productive. First Things First. Effective Decisions. 8 practices Ask “What needs to be done?” Ask “What is right for the enterprise?” Develop …
👨🏻💼 The Effective Executive: Definitive Guide to Getting the Right Things Done Read More »
Lessons on leadership from two Navy SEALs – be accountable for everything in your world, set clear and simple objectives, and empower others. Author: Jocko Willink and Leif BabinTopic: LeadershipPrint | Audiobook | Ebook | ⭐ Key Notes Accept total responsibility for everything in your world. Make plans simple and communicate clearly. Be comfortable making …
🔱 Extreme Ownership: How US Navy Seals Lead and Win Read More »
⭐ Key Notes 🤸🏻♂️ Chapter 1: the power of pusposeful practice Naive practice Once we reach a satisfactory level of skill and automate performance, we stop improving. Additional years of acceptable performance and automaticity do not lead to improvement. Automated abilities deteriorate in the absence of deliberate efforts. Deliberate practice Well-defined with specific goals Many …
🗻 Peak: Secrets From the New Science of Expertise Read More »
⭐ Key Notes: 12 tips for healthy sleep Stick to a sleep schedule. Exercise for at least 30 minutes each day, but not later than 2 hours before bedtime. Avoid caffeine and nicotine. Avoid alcohol before bed. Avoid large meals and beverages late at night. Avoid medicines that delay or disrupt sleep. Do not take …
😴 Why We Sleep: Unlocking the Power of Sleep and Dreams Read More »
Create a morning routine to optimise daily performance – move, reflect, grow.
⭐ Key Notes ⚛ Power of Atomic Habits Tiny changes in our habits can change the trajectory of our lives. It is the tiny improvements that create incredible change. Success is the product of daily habits – not once in a lifetime transformations. The valley of disappointment Progress is compounding, not linear. At the start, …
⚛ Atomic Habits: Tiny Changes, Remarkable Results Read More »
📏 24 Rules for Life Jordan Perterson’s first book, 12 Rules for Life focuses on the results of too much chaos, and how to handle that. The second book, Beyond Order is the counterpart that focuses on the results of too much order. 🎒 Rule 1: stand up straight with your shoulders back Matthew Principle …
