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“Oh, when the rain fall, fall, fall now / It don’t fall on one man’s housetop. / Remember that: When the rain fall / It don’t fall on one man’s housetop.” #BobMarley #SoMuchThingsToSay…Walk Good. 28all. Eya. *LS* The Warm-Up: “The whole secret of investment is to find places where it’s safe and wise to non-diversify. It’s just that simple. Diversification is for the know nothing investor; it’s not for the professional.” ~Charlie Munger The Core: “Work so hard you can only be remembered, but never repeated.” ~Alex Hormozi “The reading of all good books is like a conversation with the finest minds of past centuries.” ~Descartes “The best things in life come with time. Be patient. The worst things in life come at you fast. Be ready. The best choices in life come from a clear mind. Stay calm.” ~Orange Book “The burnt customer certainly prefers to believe that he has been robbed rather than that he has been a fool on the advice of fools.” ~Fred Schwed Jr., Where Are the Customers’ Yachts? “The trick in investing is just to sit there and watch pitch after pitch go by and wait for the one right in your sweet spot, and if people are yelling, ‘Swing, you bum!’ Ignore them.” ~Warren Buffett “You don’t create to make money, you make money to create. Making money feels good, but the dopamine spike and crash is unsustainable. Creation can be done at any time. No distractions. Just you and the task at hand. Flow state. Business is meditative, not superficial.” ~Dan Koe “The heads of so many organizations are not skilled in capital allocation. Their inadequacy is not surprising because most rise to the top because they have excelled in an area such as marketing, engineering, administration or, sometimes, institutional politics.” ~Warren Buffett “Not all energy that flows in your direction is worth swimming in, not all energy that stays sees a home in you. Some connections keep you close while keeping you at a distance and it’s not your duty to fit into roles that leave your spirit thirsty while their cups remain full.” ~Billy Chapata “If you can be guided by your own compass, you’ll have an incredible advantage. So many people outsource their thinking – What’s ‘okay’ to want, or even pursue. It makes people bend in the wind. Public opinion is ever-changing, but personal conviction is rock solid.” ~Dr. Julie Gurner “Staying average is a choice. If you are happy with it, that’s fine, but don’t resent people whose lives keep improving while yours doesn’t. You can’t hide from your own envy: it’s simpler to just become a better person. You will also naturally attract the life that you truly want.” ~Orange Book “Someone once told me, ‘You don’t buy companies or an asset list of desk and chairs and inventories; you buy management teams.’ Or, as my friend Herb Allen III of investment bank Allen & Company once told me, ‘We bet on the jockeys, not the horses in a race.’” ~John Hope Bryant, Up From Nothing “The availability of this vast body of data has increased exponentially over time and has theoretically enabled marketers to better understand people. However, ironically, our ability to extract insight from said data has increased only marginally. This paradox amounts to a simple – yet significant – oversight by most people: we mistake information for intimacy.” ~Marcus Collins, For The Culture “To achieve our aims, reducing resistance is often easier than using more force. While often hidden, friction and viscosity work against us whenever we try to do something. To overcome resistance, we often default to using more force when simply reducing the friction or viscosity will do. Doing both is more effective than either in isolation. Friction and viscosity can also be wielded as a weapon. Rather than try and catch up to the competition with more effort, you might want to explore slowing them down by adding resistance.” ~Farnum Street, The Great Mental Models, Vol 2. Last Set: “If you really want to understand what somebody’s like, you need to see who they are in the flesh. The Internet isn’t enough. Meet their spouse. Visit their office. Look at their handwriting. Watch how [they] talk to a waiter. In-person time humanizes people and strips away the illusions…” ~David Perell Food For Thought: “Your purpose isn’t to gain the approval of the world, but to be a light in it. Fitting in was never part of the plan…chasing your purpose is. You’re more than on ‘genre’…you’re actually a culmination of genres pieced together to form your story. What you bring in curiosity, commitment and devotion, the world will receive in value. When you operate in your gift, you don’t have to be at the head of the table; for wherever you sit or stand, the table and room will shift. You’re not here to play for titles and metrics. You’re here to play for your soul. The former seeks validation. The latter seeks freedom. They are not the same. Surrender to your soul, not society. Your soul knows exactly what you need. Society may not understand, but they’re still figuring themselves out as well. Best thing you can ever do is learn to move without a crowd.” ~Matt Gottesman
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