David Horne
@davidhorne
Lifelong apprentice.
David Horne
@davidhorne
Lifelong apprentice.
Tragically, most deaths occur on the descent of Everest. Research reveals that seventy-three percent of deaths take place on the way down the mountain. That’s when severe fatigue or the belief that “I’ve done it” sets in.
Why do you want your son or daughter to participate in sports? • What do you want your child to become outside of sport? • How much value do you place on academics? • How often do we discuss winning and expectations as opposed to the effort?
Read fewer forecasts and more history. Study more failures and fewer successes.
Mental toughness is a continuum. It’s not either I have it or I don’t. Mental toughness is how much. How much mental toughness do I have left after making mistakes or after a bad performance? The skills that will translate into life are guts, resilience, and the willpower to fight and never give up.
New situations kill the mental clutter.
why you should invest: To save for your future self. To preserve your money against inflation. To replace your human capital with financial capital.
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 morePeople have vastly different desires, except for three things: Respect, feeling useful, and control over their time. Those are nearly universal.