Few quotes that have recently made me pace and reflect.
The best way to change long-term behavior is with short-term feedback.
— Seth Godin
The central information about people: what is the worse thing they’ve done in their lives.
— Nassim Nicholas Taleb
When you risk what you need to gain something you don’t need, it is foolish. It is just plain foolish.
— Warren Buffett
The hardest thing to learn in life is which bridge to cross and which to burn.
— Bertrand Russell
Too much good food is worse than too little bad food.
— Hebrew proverb
Prepare the child for the road, not the road for the child.
— Folk Wisdom
The best books aren’t those that teach you facts, but those that subtly change your entire thinking patterns
At one of his Berkshire Hathaway annual meetings, Warren Buffett said:
“The most important investment you can make is in yourself. Very few people get anything like their potential horsepower translated into the actual horsepower of their output in life. Potential exceeds realization for many people…The best asset is your own self. You can become to an enormous degree the person you want to be.”
It’s strange. You read or notice something somewhere and it keeps popping up in various others places from then on.
Same thing is happening with this quote. I heard it in an investor speech two months back and every since it has been popping up in my buffer, feedly and Twitter streams.
So had to pin it here.
Anybody can become angry -that is easy but to be angry with the right person and to the right degree and at the right time and for the right purpose, and in the right way – that is not within everybody’s power and is not easy -Aristotle
Series of things happening in and around me last week reminded me of this passage from Jeff Bezos.
When you are eighty years old, and in a quiet moment of reflection narrating for only yourself the most personal version of your life story, the telling that will be most compact and meaningful will be the series of choices you have made. In the end, we are our choices. —Jeff Bezos, commencement speech at Princeton University, May 30, 2010
Commencement Address at the American University in Beirut by Nassim Nicholas Taleb
Success as a Fragile Construction
For I have a single definition of success: you look in the mirror every evening, and wonder if you disappoint the person you were at 18, right before the age when people start getting corrupted by life. Let him or her be the only judge; not your reputation, not your wealth, not your standing in the community, not the decorations on your lapel. If you do not feel ashamed, you are successful. All other definitions of success are modern constructions; fragile modern constructions.
Don’t forget to read the short speech from the link above.
Here are some quotes and text collected over last few months from books, blogs and online articles I have read ….
- The true measure of a man is how he treats someone who can do him absolutely no good. – Samuel Johnson
- Gossip represents a widespread, efficient, and low-cost form of punishment. – Matthew Feinberg, Joey Cheng, and Robb Willer
- You couldn’t squeeze a dime between what they already know and what they will never learn. -Philip Wylie
- I did not succeed in life by intelligence. I succeeded because I have a long attention span. – Charlie Munger
- Vision to see, courage to buy and patience to hold. – Tom Phelps on Investing
- We do not know what a thought is, yet we’re thinking them all the time. – Ani Tenzin Palmo
- If you take care of important things, the urgent things don’t show up as often. The opposite is never true. -Seth Godin
- The news we consume changes us. Not just the news manufactured by CNN, but the news manufactured by our boss, our investors, our customers. -SG
- The school education will help you earn a living, but self-education will make you a fortune – Anon
- You can do real work or go to meetings but you cannot do both. – Peter Drucker
- For the things we have to learn before we can do them, we learn by doing them. – Aristotle
- The more basic knowledge you have, the less new knowledge you have to get. – Charlie Munger
- Where is the knowledge we have lost in information? -T. S. Eliot
- Steamers which have the longest routes seek deepest waters. -CHARLES FRANKLIN THWING
- The dyer’s hand is not subdued to its materials; it is strengthened through materials for service. -CHARLES FRANKLIN THWING
- Thinking is a practical art. It cannot be taught. It is learned by doing. -CHARLES FRANKLIN THWING
- If a man will begin with certainties, he shall end in doubts; but if he will be content to begin with doubts, he shall end in certainties. – F. Bacon
- Games are won by players who focus on the field, not the ones looking at the scoreboard. – Warren Buffet
- It is the mark of an educated mind to be able to entertain a thought without accepting it. – Aristotle
- A doctor can bury his mistakes but an architect can only advise his clients to plant vines. -Frank Lloyd Wright
- I will prepare and someday my chance will come.- Abraham Lincoln
- Worldly wisdom teaches that it is better for reputation to fail conventionally than to succeed unconventionally. –Keynes
- I think it’s very important to have a feedback loop, where you’re constantly thinking about what you’ve done and how you could be doing it better – Elon Musk
- The rabbit runs faster than the fox, because the rabbit is running for his life while the fox is only running for his dinner. – R. Dawkins
- The behaviour you see is usually the result of incentives you don’t see. –Farnam Street
- Most geniuses-especially those who lead others-prosper not by deconstructing intricate complexities but by exploiting unrecognized simplicities. – Andy Benoit
- If you want to go fast, go alone. If you want to go far, go together. – old saying
- Ship before you’re ready, because you will never be ready. –Seth Godin
- Better place yourself or your wares where they can be seen. Then lay off. Give interest, curiosity, and natural friendliness, a chance to work. – Carl Franklin Braun
- Focus on things that will last – Endeavour
- Call me old-fashioned, but sometimes the optimal place for your light is hiding directly under a bushel – SAM HINKIE
- Give me six hours to chop down a tree and I will spend the first four sharpening the axe. – Abraham Lincoln
- Whenever possible, I think cross pollinating ideas from other contexts is far, far better than attempting to solve our problems in basketball as if no one has ever faced anything similar. -SAM HINKIE
- You should take the approach that you’re wrong. Your goal is to be less wrong.- Tesla’s Elon Musk
- To develop truly contrarian views will require a never-ending thirst for better, more diverse inputs – SAM HINKIE
- So if we want to think like a scientist more often in life, those are the three key objectives—to be humbler about what we know, more confident about what’s possible, and less afraid of things that don’t matter. – Tim Urban
- A new scientific truth does not triumph by convincing its opponents and making them see the light, but rather because its opponents eventually die. -Max Planck