You can bounce back from challenges even if you feel stuck. I met a guy, probably 11 years younger than me. But this guy inspired me. He had challenges in school that made him late in his school years compared to his age. After having a conversation with him, I can say he is now …
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The Lollapalooza Effect
Charlie Munger shared in his speech at Harvard University the lollapalooza effect. It occurs when different tendencies or mental models combined to act in the same direction provide a greater result. It is like synergy, 1 plus 1 is not 2 but 3 or more. The outcome is much bigger than the sum of the …
Identify the Dont’s
Always start by identifying the dont’s. This is applicable in life and investing as well. Most of the ideas here came from the book of Billionaire Charlie Munger Poor Charlie’s Almanack. It is better to stay within the circle of your competencies and be consistently not stupid than to be intelligent with many things. In …
Aim for Less to Have More
If you aim for 1 million dollars and you just have 100,000 dollars, you might feel 900,000 dollars lacking. That 900,000 dollars make more people empty as they slave away in achieving and working towards the 900,000 dollars. The better approach is to be happy and grateful for what you have while being excited about …
Begin the With an End in Mind
I found the podcast Y combinator that shares lessons on how to start a start-up. My key takeaway is that we have to focus on what matters most and that is providing solutions to end-users. Paul Graham discusses that most of the new founders focus on tricks and hacks like how to grow the business …
Consistency is Everything
Showing up every day is the key to whatever you want to achieve. I am currently building the character of consistency. Last year I had a chance to work out 5 days a week for two months. It made me realize that when I can be consistent in one thing then I can anchor that …
Gamechangers Documentary Review
I have watch the Gamechangers documentary in Netflix and I can say this has changed my mind. It debunked a lot of beliefs about eating meat. It also exposes how the script and beliefs about eating meat was established. But what I liked the most are the benefits of a plant based diet. I looked …
Think and Grow Rich Book Review, Summary and Notes
Think and Grow Rich was published in 1937. This book is at the Apex of self development. This book sold over $15 million copies. Napoleon Hill was able to interview 500 rich and successful people and distilled the principles into this book: Think and Grow Rich Big Ideas Definiteness of Purpose ” Truly, thoughts are …
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The Miracle Morning by Hal Elrod Book Review, Summary and Notes
If you would like to transform your life, this book is a good guide. It will help you to improve every aspect of your life. By setting aside time every morning to develop yourself, you can turn every aspect of your life into success. The Miracle Morning is composed of 6- step morning routine using …
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Automatic Millionaire Book Review, Summary and Notes
Pay Yourself First You have to pay yourself by automatically setting aside money that goes to your retirement account. Automating the investment process minimizes the friction. “Life is not easy. But that’s not the only truth that matters in this context. It also happens to be true that it takes just as much effort to …
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