Moi Jamri
@moiii
Moi Jamri
“I don’t write to make investing easy. I write to show how hard it is so that people won’t try tricks that they can’t do.” -Marks
"Spend each day trying to be a little wiser than you were when you woke up. Discharge your duties faithfully and well. Systematically you get ahead, but not necessarily in fast spurts. Nevertheless, you build discipline by preparing for fast spurts. Slug it out one inch at a time, day by day. At the end of the day – if you live long enough – most p
... See moreHoward Marks's Book Recommendations
kevinrooke.com
Incentives are what drive human behavior. If you want to change the way people behave, think about changing their incentives. Most people look at the function utility instead of the emotional benefit. What’s the real human motivation for expensive headphones is not to hear better but for reputation and status
18 mistakes that kill startups in simple:
Single Founder: Lacks the skills and support needed.
Bad Location: Being in the wrong place can hinder success.
Marginal Niche: Targeting a market too small to sustain growth.
Derivative Idea: Lacking originality leads to competition.
Obstinacy: Not adapting to feedback or market changes.
Hiring Bad Programme
... See more“I believe it is highly possible to improve your long-term results by adjusting your investment position at the extremes of the cycle. Not that often. But at the extremes.” -Marks
"Repetition is persuasive... nearly all the founders have a handful of ideas and principles and repeat them forever."
People who learn to extract the key ideas from new material and organize them into a mental model and connect that model to prior knowledge show an advantage in learning complex mastery. A mental model is a mental representation of some external reality.
Henry L. Roediger III • Make It Stick
"There have, for instance, been studies of this type of journaling protocol for people that have been suffering from chronic anxiety and insomnia, and indeed, they experience significant relief."