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If willpower degenerates over time, don’t argue. Just start your day with your hardest task and work backward—in descending order of importance and difficulty—to the easiest. The business catchphrase for this approach is “eat your ugly frog first,”

our struggles determine our successes. Our problems birth our happiness, along with slightly better, slightly upgraded problems. See: it’s a never-ending upward spiral. And if you think at any point you’re allowed to stop climbing, I’m afraid you’re missing the point. Because the joy is in the climb itself.

Key insight: Building an audience is an act of service, not self-promotion. Find a way to educate or entertain (or both).

This is a way to direct attention, strengthen imagination, and improve your ability to associate concepts. Your mind is an associating machine and it has no limits.

But from the perspective of Alibaba and JD, the motivation is broader. Instant delivery is increasingly becoming the way consumers interact with local commerce. If you control the app people open whenever they need something quickly, you control an important part of daily life. That position brings data, merchant relationships, and habit formation

(The negative influence of rising commodities on stocks holds true during inflationary and disinflationary periods—but not necessarily during a deflation. In a deflation, rising commodity prices are generally positive for stocks.)

Another important property of the frontier is its lawlessness. If the law is congealed power, its absence means freedom, and freedom is essential to how the frontier and its inhabitants operate. It's not that startups flout the law (although some of them skirt it), but rather they operate in areas where the law hasn't (yet) stifled innovation. The

Law #1 Thinking About Thinking Is the Most Important Kind of Thinking Expertise is the enemy of fresh thinking. Category design is a game of thinking. If you want to find success as a category designer, you have to change the way a reader, customer, consumer, subscriber, or user “thinks.” You are successful when you’ve moved their thinking from the

In that sense, we’d be asking whether the S&P 500 is at risk of its third major bear market against gold within the past 50 years. The first one was in the 1970s. Then there was a second one in the 2000s. And lately it’s been gradually rolling over for a third time. Could a combination of tariffs, global capital flow shifts, and broad trade