Patricia Mou

There is no such thing as 100% hands off investing. You have to look at the rules/regulations and make your own assumptions on what will/will not change in the future.

You don’t owe anyone your time. You owe it to society to become a producer.

Sometimes, learning what you don’t want might be as important as discovering what you do. That’s growing, too.

Often, there’s a desire to cling onto how we thought life should go, sometimes until it outweighs the reality of how it is going — what makes us happy, versus what we feel should; what is truly stimulating or fulfilling, versus what we’ve been told should be chased and sacrificed for. A question I ponder is: How do we untether ourselves from the... See more

An alternate approach is a non-linear approach. It is premised on the idea that life is full of randomness punctuated by sudden moments – crises and opportunities – with vast potential for meaning making, when our skills and virtues shine.

For a community to remain healthy, it is crucial to periodically “prune” its structures—removing systems that no longer support the purpose of the tribe. You want to preserve the essence, while getting rid of the frills. Good pruning mechanisms also create more space for innovation—you don’t risk getting stuck with useless systems that stick around... See more

5. Low Time Preference. Those with low time preference play it more effectively - they happily delay gratification to build real value.

The sense that one has become the instrument of invention is so satisfying that I find it truly stupefying that anyone one would claim that artists are motivated to create primarily by the money they might get from such miracles. Not to say they shouldn't be paid. Paying them provides them with more time and liberty to channel art. But it's a rare... See more

Such virtues are in dwindling supply in America. Two thirds of all our first marriages end in divorce. The war between children and parents has never been uglier (since it is now concealed, rather than public as it was in the '60's). We think AOL and the local mall are communities. We think that Disney, the corporation, is a story-teller. And, to... See more