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"What we call luck is often not purely random, but rather the delayed byproduct of consistently putting yourself in good positions."

It's rare that I meet an exceptional person who is not deeply involved in the details. In fact, I can't think of one. But I'm sure they exist.

The person who approaches a problem like an opportunity has an advantage that the person who sees an obstacle will never understand.

"You should always be rooting for the people you know. Not only because you may need their support tomorrow, but also because it feels good to celebra

"There's an old adage in hospitality: the restaurant will never kill the bar, but the bar can kill the restaurant,"

"Talent is a gift. Reliability is a choice. But every family, team, and organization needs reliability just as much as they need talent.”

"What we call luck is often not purely random, but rather the delayed byproduct of consistently putting yourself in good positions."

The person who approaches a problem like an opportunity has an advantage that the person who sees an obstacle will never understand.

"Only while sleeping one makes no mistakes. Making mistakes is the privilege of the active — of those who can correct their mistakes and put them righ

Improv at ScaleAnthropic’s Hive Mind is described by employees as “Yes, and...” style improvisational theater. Every idea is welcomed, examined, savor

The default answer, I’m afraid, is No. If you do nothing, you’re almost certainly going to get overrun. If you have an Atom Moat, then you stand a pre

Skill is whatever happens repeatedly. Everything else is a story.

“The goal of capital is not to replace you because capital doesn’t want you to go on vacation. The goal of capital is to make you interchangeable, not

26 Tiny Lessons from my conversation with @morganhousel 1. “Wealth is what you have minus what you want.” 2. "Money buys fewer bad days, not more g

Investor Vince Hanks on balance in thinking: “I think if you're too qualitative, you miss a lot of details that are important, and if you're too quant

"A good position allows you to think clearly rather than be forced by circumstances into a decision. One reason the best in the world make consistentl

Charlie Munger on how to develop good judgment: “I sought good judgment mostly by collecting instances of bad judgment, then pondering ways to avoid

And private capital will continue accelerating into private markets, including real assets. It will take time but those that can “educate” the market

"A good position allows you to think clearly rather than be forced by circumstances into a decision. One reason the best in the world make consistentl

One can even argue that the modern corporation and work arrangements are tools for the suppression of intelligence: For turning humans into small inte

This is at the heart of an idea called Kidlin’s Law (origin unknown): “If you can write down a problem clearly, you’ve already solved half of it.” Wri

The first line is the most important. Too many otherwise smart people bury the most valuable part of the message at the end. Delete everything but wha

“It matters where you get your dopamine. Get your dopamine from clarifying your ideas more than from their visibility.”