A quote from Japanese philosophy repeated by Coach Paul Assaiante on practice
You cry in practice and you laugh in competition
A quote from Japanese philosophy repeated by Coach Paul Assaiante on practice
You cry in practice and you laugh in competition
Yesterday (Nov 28, 2023), the world lost a giant of investing and clear thinking: Charlie Munger. While I never had the privilege of meeting him in person, his wisdom, wit, and down-to-earth approach to life have had a profound impact on me. His speeches and writings have been a guiding light, teaching me not just about investing, but about life itself.
Charlie possessed a rare combination of intelligence, practicality, and brutal honesty. He never sugarcoated his words, always offering his insights with clarity and directness. One quote that particularly resonates with me comes from his 2007 commencement speech at USC. Reflecting on choices in life, he said:
“Let me use a little inversion now. What will really fail in life? What do we want to avoid? Some answers are easy. For example, sloth and unreliability will fail. If you’re unreliable it doesn’t matter what your virtues are, you’re going to crater immediately. So, faithfully doing what you’ve engaged to do should be an automatic part of your conduct.”
These words underscore the importance of basic principles like hard work, integrity, and commitment. Charlie understood that success wasn’t built on complex theories, but on a foundation of solid values and consistent action.
Charlie’s passing is a significant loss, but his legacy will undoubtedly continue to inspire and educate generations to come. His wisdom will remain a guiding force for those seeking to navigate the complexities of life and investing with integrity and a clear mind.
Rest in peace, Charlie. You will be deeply missed.
Interesting article on Arstechnica (https://arstechnica.com/science/2021/10/revealed-the-secret-notes-of-blue-origin-leaders-trying-to-catch-spacex/) about an internal memo from Blue Origin. The memo is about the discussion and feedback from senior leadership at Blue Origin on a report put together by an external consulting company on challenges facing Blue Origin.
Bezos is famous for growing Amazon into a behemoth by focusing on principals like Customer Obsession, Hire and Develop the best, Frugality… https://www.amazon.jobs/en/principles .
Wonder why he did not implement the same tried and tested playbook at Blue Origin.
My take, it is as important to have a team that can execute on your vision as it is to have a vision.
Culture eats strategy for breakfast ¯\_(ツ)_/¯
Love this quote about process attributed to Tobi Lutke in multiple interviews. He said it in different ways, but here is the gist
There are three kinds of processes
Source :
A power quote by Abraham Lincoln. Ran across it while reading The Accidental President: Harry S. Truman and the Four Months That Changed the World . BTW, the book itself it a great read on history and leadership.
I do the very best I know how – the very best I can; and I mean to keep doing so to the end. If the end brings me out all right, what is said against me won’t amount to anything. If the end brings me out wrong, ten angels swearing I was right won’t make any difference.
I have always been a fan of crisp and clean resumes. I could never understand why anyone would have a 5+ page resume. Personally that is a turn off for me :).
Just wanted to bookmark this very effective 1 pager template from this article on CNBC (https://www.cnbc.com/2019/07/10/an-example-of-the-perfect-resume-according-to-harvard-career-experts.html?utm_source=pocket-newtab)
This quote/statement by Tim Ferriss in one of his recent podcasts really got me thinking
Subconscious : Incompetency → Conscious : Incompetency → Conscious : Competency → Subconscious : Competency
So simple… but so deep 🙂
When you do your job well, no one notices. When you screw up the whole internet notices – Julia Grace
during a great keynote speech at Velocity 2017 on how to build efficient engineering teams.