Paul Sturrock

Ad hominem arguments aside, gold, like bitcoin or art, produces no payouts. No equity dividends. No bond coupons. Indeed, physical gold has a negative yield when storage costs are accounted for.

Video games break us out of the overwhelm trap by chunking everything down into small enough chunks to create momentum — Level 1, Level 2, Level 3 etc. Each level is small enough to not be overwhelming, but big enough to be addicted to the progress.

Vague Trap Escape Route: Define the problem in simple words --out of your head

Write your thoughts down. Draw the problem. Use a whiteboard. Create a spreadsheet. Talk out loud to a smart person. Go for a walk or run with a specific question.

The act of transforming out of your head to another medium acts like a filtration system, removing the vague... See more

High agency can be a confusing idea to understand because it’s not just one idea. It’s a combination of three distinct skills rarely found together:

1. Clear thinking


2. Bias to action


3. Disagreeability

High agency is like a tricycle. If you remove one of the wheels, it stops working

In dwelling, live close to the ground. In thinking, keep to the simple. In conflict, be fair and generous. In governing, don’t try to control. In work, do what you enjoy. In family life, be completely present. When you are content to be simply yourself and don’t compare or compete, everybody will respect you."

Tao Te Ching

that only 4 per cent of publicly traded US stocks have accounted for virtually all of the US stock market’s excess returns over Treasury bills since 1926. A concentrated market is not a reason to abandon index funds. Owning all the stocks in the market will ensure that you own the few stocks responsible for most of the market’s gains.

Virality fades. What matters more is whether people stick around.

Look for:

• Daily and weekly active users (DAU/WAU)


• Retention curves over 30, 60, 90 days


• Signs that users are getting real value

Jobs’ product-creation philosophy was to avoid asking customers what they wanted because their answers would be predicated on what they already knew based on existing products.

On the contrary, instead of focusing just on the functional needs of customers, he observed what they were trying to accomplish on a social and emotional level as well. He th... See more