Avoiding Stupidity is Easier than Seeking Brilliance
– Shane Parrish rewording Charlie Munger
Overheard : On brilliance
OverHeard
Overheard : On wisdom
Wisdom is turning your future hindsight into your current foresight
– Shane Parrish
Overheard : On practice
A quote from Japanese philosophy repeated by Coach Paul Assaiante on practice
You cry in practice and you laugh in competition
Overheard : On action and feeling
The way we act determines how we feel way more often than the way we feel determines how we act.
Seth Godin, in a chat with Tim Ferriss
Overheard : On strategy and talent
Strategy without talent is helpless and talent without strategy is hopeless.
Gary Burnison (CEO Korn Ferry)
Overheard : Technology and progress
Saam Motamedi on how technology makes progress
Part of the thing that I think is amazing about technology is that the progress is usually sooner and stranger than you think.
Overheard : friend
“A true friend unbosoms freely, advises justly, assists readily, adventures boldly, takes all patiently, defends courageously, and continues a friend unchangeably.”
– William Penn
Overheard : Passive Investing
Geoff Saab on the strength and weakness of passive investing in his book “Low Risk Rules : A Wealth Preservation Manifesto“
Pro : “You own a piece of every company.“
Con : “You own a piece of every company?“
So subtle, but so powerful!
Overheard : On vision
Patrick Collison (Co-Founder and CEO of Stripe) shared this snippet of an internal email that David Stearns (Staff Engineer at Stripe) wrote about Dee Hock. Dee Hock was the founder of Visa and this statement on Dee’s vision really connected with me
Today, I can hop on a plane to most anywhere in the world and use my Visa card to purchase goods and services regardless of the language spoken by the merchant, the currency of the merchant’s bank account, or the time zone difference between the merchant’s shop and my issuing bank. In the 1960’s this was unthinkable. Today’s magic was yesterday’s dream, and Hock was one of the biggest dreamers of all.
Full copy of the snippet below
Overhead : Tactic vs Strategy
Tactics is knowing what to do when there is something to do; Strategy is knowing what to do when there is nothing to do.
Savielly Tartakower (French-Polish Chess Grandmaster)