Readwise Highlights
Imported tag from Readwise
Readwise Highlights
Imported tag from Readwise
Expected Annual Return = (1 + % Gain Needed to Recover)^(1/Number of Years to Recover) – 1 But since we know that the “% Gain Needed to Recover” is 50%, we can plug in this number and simplify this equation to: Expected Annual Return = (1.5)^(1/Number of Years to Recover) – 1 So, if you think the market recovery will take: 1 year, then your
... See moreBut Daunt used the pandemic as an opportunity to “weed out the rubbish” in the stores. He asked employees in the outlets to take every book off the shelf, and re-evaluate whether it should stay. Every section of the store needed to be refreshed and made appealing.
One: You have to train yourself to notice things. It's not 100% natural at first – it certainly wasn’t for me – but raising those antennae is a very worthwhile thing to do. And it snowballs: once I got started taking notes, I ended up taking more and more of them.
Two: Be very liberal about what you keep. If you're going through your notes, cross
... See morewhen individuals feel listened to, they tend to listen to themselves more carefully and to openly evaluate and clarify their own thoughts and feelings.
Work is not some post-fall aberration. Work is a blessing (1:28). Work is a gift. And work is intrinsic to the human creature because it is intrinsic to the Creator himself.
God works, and it follows that because we are made in his image (Genesis 1:26-27), we work too.
In other words, the key to the leader's public usefulness is his inner, unseen life. Character is what we are when no one is looking. The leader is leading all the time and, for the most part, unconsciously. Your holiness matters greatly to those you have been entrusted to lead.
If the need for holiness is one challenge I shall take from this book,
... See moreDo not despair. These are the times we were given. We are the people God made for this moment... composting empires make the richest soil.
One golden take away: people prefer to be heard more than helped.