Better thinking
Studying Yourself
Studying Yourself In the world of investing, there are two areas of study. The first world is outward-facing—the study of what makes a good investment opportunity, a good business, fundamentals, frameworks, etc. This is where most people spend all of their time studying, and with good reason. It...
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The idea of research as leisure activity has stayed with me because it seems to describe a kind of intellectual inquiry that comes from idiosyncratic passion and interest. It’s not about the formal credentials. It’s fundamentally about play.
Information is little pieces of idea that you have. Your speed lists will probably consist mostly of information.
After you collect a bunch of information, you'll detect patterns and relationships. As you integrate ideas together, it becomes far greater than the sum of the individual pieces- it becomes knowledge .
What is Wisdom? I define it as... See more
After you collect a bunch of information, you'll detect patterns and relationships. As you integrate ideas together, it becomes far greater than the sum of the individual pieces- it becomes knowledge .
What is Wisdom? I define it as... See more
Theory of Notebooks
Apophenia : A tendency to perceive correlations between unrelated things, because your mind can only deal with tiny sample sizes and assuming things are correlated creates easy/comforting explanations of how the world works.
Morgan Housel • 100 Little Ideas
Texas Sharpshooter Fallacy: Goals set retroactively after an activity, like shooting a blank wall and then drawing a bullseye around the holes you left, or picking a benchmark after you’ve invested
Morgan Housel • 100 Little Ideas
“I rarely have good ideas.
To overcome this limitation, I think about one topic (like habits) for an unreasonable amount of time. Then, I revise, revise, revise until only the best stuff remains. It’s slow, but it works.
You can either be a genius or you can be patient.”
To overcome this limitation, I think about one topic (like habits) for an unreasonable amount of time. Then, I revise, revise, revise until only the best stuff remains. It’s slow, but it works.
You can either be a genius or you can be patient.”
