Hasan Riaz

Vince Lombardi on “soul in the game”:

"The greatest reward for doing is the opportunity to do more"

Chip War (Chris Miller):

1) Intel rebuffed Apple because they wanted to protect their high margins and thought iPhone chips would never attain high volumes

2) Flow chart of chip value chain (Licensing, Design, Fabrication, Lithography)

3) Types of Chips (DRAM, Flash, Logic)

4) Chip End-Markets (PC, Mobile, Servers, Appliances / Cars)

Nassim Taleb (Incerto) on how systems improve:

“Systems don’t learn because people learn individually –that’s the myth of modernity. Systems learn at the collective level by the mechanism of selection: by eliminating those elements that reduce the fitness of the whole, provided these have skin in the game. Food in New York improves from restaurant

Ray Dalio on (some of his) Principles:
1. Don't confuse what you wish were true with what is actually true.
2. Don't worry about looking good; worry instead about achieving your goals.
3. Don't overweight 1st order consequences relative to 2nd & 3rd order consequences.
4. Don't let pain stand in the way of progress.
5. Don't blame bad outcomes on anyone

5 types of hard work (Farnam Street):

1. Outthinking (a better strategy, a shortcut)
2. Pure Effort (working longer, intensity)
3. Opportunistic (positioning yourself to take advantage of change)
4. Consistency (doing average things for longer)
5. Focus (saying no to distractions)

Each of these requires a different type of hard work.

Annie Duke (on In Good Company) on recognizing the difference between failure vs. stopping something that isn’t working and is wasting time/resources:

"Failure and Stopping are not the same thing. Failure is stopping something worthwhile just because you find it hard. And Failure is also refusing to stop something that is worthless"

Adam Grant also

David Kidder: "Nostalgia is the enemy of Growth. Nonconsensus is the epitome of Growth."

“No one ever made a decision because of a number. They need a story.” — Daniel Kahneman

Teddy Roosevelt on slowing down as you get older:

"We must all either wear out or rust out"