It’s always difficult to deal with mistakes even if they teach us the most about who we are & how we think. While running a diversified portfolio few one-off mistakes do get absorbed in the longer run but the mistakes still hurt.
from The New Yorker Magazine
All of humanity’s problems stem from man’s inability to sit quietly in a room alone.
― Blaise Pascal
I have often marvelled at the simple logic of this statement. As investors we seem to value the importance of not doing anything, from time to time, but sitting in a room is easier said than done especially if the chair is uncomfortable.
“If the world operates as one big market, every employee will compete with every person anywhere in the world who is capable of doing the same job.”
– Andy Grove, High Output Management
One of the truly inspiring books for me personally, has been a non-fiction book written by the Japanese novelist Haruki Murakami. It’s called, What I talk about when I talk about running. It’s a very unique book. You can get a taste here in case you choose to skip reading the whole book.
“Reason is a slave of the passions.”
– David Hume.
The most amazing advantage of reading books is that from time to time we get an opportunity to be blown away by an idea or an approach towards a topic. We see this being mentioned again & again. Like Buffett being influenced by “The Intelligent Investor” or Tim Cook being moved by “Competing Against Time” or the famous Jeff Bezos’ Reading list & so on.
The beauty of being influenced by books is that it can be never ending. It leads to opening up of more unexpected avenues of learning, about ourselves & the world.
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