Curiosity@Intelsense
Weekly dose of learning
1.
You only have to get rich once
Investment decisions shouldn’t just be viewed as “numbers on a screen.” The risk-reward dynamic changes rapidly as the value of your portfolio increases, and you should consider what those dollars represent in your life: A home, a car, an earlier retirement, more trips with your kids, or the ability to sleep well at night knowing that you have a lucrative nest egg. At some point, we all have a number where the risk no longer makes sense. If you’re already rich, and you keep swinging anyway, you might suffer a loss that, years later, you still haven’t fully recovered.
2.
Essentials of deep work
In building a meaningful and fulfilling life, it’s usually better to work backwards from a broad vision of your ideal lifestyle than it is to work forward toward a singular grand goal (e.g., a “dream job” or radical location change) that you hope will make everything better.
The biggest source of context shifts is digital communication. Move as much collaboration as possible out of chains of ad hoc, back and forth messaging and into something more structured.
The second biggest source of context shifts is caused by working on too many tasks at the same time. Do fewer things at once. You’ll finish each task faster (and better) and therefore accomplish more over time.
Focus is like a super power in most knowledge work jobs. Train this ability. Protect deep work on your calendar. Support these sessions through special rituals and spaces.
Your phone should be used as a tool, not a constant companion. To accomplish this: (1) keep your phone plugged into the same spot when at home (instead of having it with you); and (2) remove all apps from your phone where someone makes more money the more you use it.
Most people don’t need to use social media. If you really need to use it — e.g., for professional purposes — use it on a web browser on your laptop, and spend at most an hour a week logged in, as that’s enough for 99% of legitimate uses. There are better ways to be entertained, find news, and connect with people.
Pic of the Week
Thought of the Week
"The fight is won or lost far away from the witnesses, behind the lines, in the gym and out there on the road, long before I dance under those lights." – Muhammad Ali
Video of the Week
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Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.
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