Saved by Daniel Bakalarz
Joys Of Compounding: The Passionate Pursuit of Lifelong Learning
The underlying nature of the universe is insecure, impermanent, and ultimately fleeting. Therefore, don’t seek security, permanence, or prolongation. Instead, make peace with your place in the greater process
Guatam Baid • Joys Of Compounding: The Passionate Pursuit of Lifelong Learning
What many people see as a three-hundred-page book is often the accumulation of thousands of hours and decades of work. Where else can you get the entire life’s work of someone in the space of a few hours?
Guatam Baid • Joys Of Compounding: The Passionate Pursuit of Lifelong Learning
Look at this generation, with all of its electronic devices and multitasking. I will confidently predict less success than Warren, who just focused on reading. If you want wisdom, you’ll get it sitting on your ass. That’s the way it comes.
Guatam Baid • Joys Of Compounding: The Passionate Pursuit of Lifelong Learning
Self-improvement is the ultimate form of investing in oneself. It requires devoting time, money, attention, and hard effort now for a payoff later, sometimes in the far distant future. A lot of people are unwilling to make this trade-off because they crave instant gratification and desire instant results. These short-term costs, when applied the ri... See more
Guatam Baid • Joys Of Compounding: The Passionate Pursuit of Lifelong Learning
This is how Warren Buffett, one of the most successful people in the business world, describes his typical day: “I just sit in my office and read all day
Guatam Baid • Joys Of Compounding: The Passionate Pursuit of Lifelong Learning
One of the best hacks in the investment field is learning to be happy doing nothing.
Guatam Baid • Joys Of Compounding: The Passionate Pursuit of Lifelong Learning
In an interview with Business Wire in November 2011, Buffett said, “If you understand chapters 8 and 20 of The Intelligent Investor (Benjamin Graham, 1949) and chapter 12 of The General Theory (John Maynard Keynes, 1936), you don’t need to read anything else and you can turn off your TV.”2 This advice from Buffett references two classics from the f... See more
Guatam Baid • Joys Of Compounding: The Passionate Pursuit of Lifelong Learning
Researchers published a study in 2014 that revealed that approximately a quarter of women and two-thirds of men chose electric shocks over spending time alone with their own thoughts
Guatam Baid • Joys Of Compounding: The Passionate Pursuit of Lifelong Learning
He said that even though we desire to be loved by others, at the end of the day, we experience happiness only when we are successful according to our inner scorecard.