Moi Jamri
@moiii
Moi Jamri
“It’s very common to be utterly brilliant and still think you’re way smarter than you actually are.” – Munger
Morgan Housel • Makes You Think
The First Principles Method Explained by Elon Musk
youtu.beThe way to win [in the markets] is to work, work, work, work and hope to have a few insights. How many insights do you need? Well, I'd argue: that you don't need many in a lifetime. If you look at Berkshire Hathaway and all of its accumulated billions, the top ten insights account for most of it.
Charlie Munger • A Lesson On Elementary, Worldly Wisdom As It Relates To Investment Management & Business – Charles Munger, USC Business School, 1994
Reasoning by analogy, or copying what others are doing, is sort of like being a cover band where you’re playing somebody else’s music. Whereas with first-principles thinking, you go back to the fundamental raw materials of music, which are the notes, and then you build an original song from scratch. That is first-principles thinking.
Lenny Rachitsky • First-Principles Thinking
"A large part of your life is actually searching for your life's work. A lot of them [founders] are looking for something that is uniquely them that they can do forever."
I think another driver of this sentiment and behavior is that chasing scale strips you of some humanity. It puts your head too high up in the clouds. It removes you from what happens in the real world with real people. Pursuing something that can’t scale does the exact opposite: it grounds you. It’s a comforting and healing next act.
Anu Atluru • Pursuits That Can’t Scale
“Failure isn’t a necessary evil. In fact, it isn’t evil at all. It is a necessary consequence of doing something new.”
Creativity, Inc. Quotes by Ed Catmull
"You want the world to be a slightly better place for you having lived in it, If you have the power and the influence to make it a slightly better place and you don't, what kind of life is that?" - Neil deGrasse Tyson