So rationality is: Across a broad range of disciplines, you know what works and what doesn’t and why.
Charlie Munger

Source: https://www.wsj.com/articles/charlie-munger-unplugged-11556935195

“Consumption is the sole end and purpose of all production; and the interest of the producer ought to be attended to only so far as it may be necessary for promoting that of the consumer.”
Smith, Adam.

Your expectations grow slower than your income. It’s the only way you’ll feel wealthy regardless of how much money you have.

Taken from https://www.collaborativefund.com/blog/alternative-forms-of-wealth/

If you want to succeed, double your failure rate.

Someone at work shared this quote today, and wanted to share it here for myself, as a reminder that is OK to fail and it’s actually a great thing. Make sure you’re having new failures in your life and learn from them, and then follow new failures.

But investing isn’t about beating others at their game. It’s about controlling yourself at your own game.
The Intelligent Investor, Rev. Ed (p. 219). HarperCollins e-books. Kindle Edition.

Capitalism without failure is like religion without sin. It doesn’t work.
Allan H. Meltzer

Life’s a ride

This is a reminder for myself, Life’s a ride, enjoy it, fall in love with it.

But the truth is far less interesting than any of these explanations. The truth is, I thought I wanted something, but it turns out I didn’t. End of story.
I wanted the reward and not the struggle. I wanted the result and not the process. I was in love with not the fight but only the victory.
And life doesn’t work that way.
Who you are is defined by what you’re willing to struggle for. People who enjoy the struggles of a gym are the ones who run triathlons and have chiseled abs and can bench-press a small house. People who enjoy long workweeks and the politics of the corporate ladder are the ones who fly to the top of it. People who enjoy the stresses and uncertainties of the starving artist lifestyle are ultimately the ones who live it and make it.
The subtle art of not giving a f*ck

Trust no future, howe’er pleasant!
Let the dead Past bury its dead!
Act, –act in the living present!
Heart within, and God o’erhead!
Henry Wadsworth Longfellow

The most important thing is to keep the most important thing, the most important thing.
Jim Kwik

“You’ve got to find what you love. And that is as true for your work as it is for your lovers. Your work is going to fill a large part of your life, and the only way to be truly satisfied is to do what you believe is great work.”
Steve Jobs