better doing

Practice your coping mechanisms now.

“Happiness tends to decline throughout young adulthood and middle age, bottoming out at about age 50. After that, it heads back up again into one’s mid-60s. Then something strange happens. Older people split into two groups as they get old: […]

better doing

Heuristics that almost always work.

“This new invention won’t change everything. This emerging disease won’t become a global pandemic. This conspiracy theory is dumb. This outsider hasn’t disproven the experts. This new drug won’t work. This dark horse candidate won’t win the election. This potential […]

better doing

Trying too hard.

A very good keynote speech from Dean Williams of Batterymarch Financial Management. “Confidence in a forecast rises with the amount of information that goes into it. But the accuracy of the forecast stays the same.” | learn more

better doing

What happens when you buy at an all-time high?

“Benjamin Graham, one of the great investors, suggested to his protégé Warren Buffett in 1951 that Buffett ought to sit out the market: the Dow had been below 200 every year in history except 1951, so why not wait a […]

better doing

The secret to a great mentorship.

“Chemistry is a harmonious or effective interaction between people working together. Just as any other great relationship, a mentorship needs chemistry to reach its full potential. If it’s not already there, how can you set the stage to build chemistry […]

better doing

The presence prison.

Jason Fried of Basecamp writes about their evolution from caring about teammates away status (presence) to not. “But it wasn’t until we gave up on Presence that we really got to embrace the sense of calm that comes from not […]

better doing

When to sell investments, and when not to.

From famed investor Howard Marks: “The more I’ve thought about it since writing Liquidity, the more convinced I’ve become that there are two main reasons why people sell investments: because they’re up and because they’re down.” | learn more

better doing

Managing todo lists with pen and paper.

My current system is avoiding todo lists in favor of calendar events for things I need to do. This is an interesting perspective on the psychology behind these lists. “The biggest hurdle todo faces is that the emotion you generally […]