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Tim Ferriss: Why you should throw out your five-year plan
"I like pushing myself to the limit and pushing the envelope, and in my mind that is not really compatible with a reliable long-term plan," says Ferriss. "I generally treat my life as six-month projects and two-week experiments of various types. Then I take the most attractive door that pops up, and rinse and repeat."
13 days ago
Absolute Success is Luck. Relative Success is Hard Work.
As Nassim Taleb wrote in Fooled by Randomness, “Mild success can be explainable by skills and labor. Wild success is attributable to variance.”
success 
18 days ago
The world wants you to be vanilla
People get uncomfortable when you are not vanilla. This pressure is often framed in the form of questions, masquerading as curiosity, when in reality it is usually rooted in fear, doubt, or a reluctance to look in the mirror.
excellence  ramit  top-performer 
22 days ago
Global Compounding Pharmacy Market - Increasing Healthcare and Pharmaceutical Spending to Boost Growth | Technavio | Business Wire
The Americas dominated the global compounding pharmacy market in 2017, accounting for a market share of over 63%
Kineticos 
23 days ago
[no title]
Good list of habits to build
12-Week-Year  Fitness 
23 days ago
The Decision Matrix: How to Prioritize What Matters
Consequential and irreversible decisions are the ones that you really need to focus on. All of the time I saved from using this matrix didn’t allow me to sip drinks on the beach. Rather, I invested it in the most important decisions, the ones I couldn’t justify delegating. I also had another rule that proved helpful: unless the decision needed to be made on the spot, as some operational decisions do, I would take a 30-minute walk first.

The key to successfully employing this in practice was to make sure everyone was on same page with the terms of consequential and reversible. At first, people checked with me but later, as the terms became clear, they just started deciding.

While the total volume of decisions we made as a team didn’t change, how they were allocated within the team changed. I estimate that I was personally making 75% fewer decisions. But the real kicker was that the quality of all the decisions we made improved dramatically. People started feeling connected to their work again, productivity improved, and sick days (a proxy for how engaged people were) dropped.
decision-making  farnam 
26 days ago
Predicting the Future with Bayes’s Theorem
t looked at how we should adjust our estimates of probabilities when we encounter new data that influence a situation.
farnam 
26 days ago
@AbeMaingi/Smart People on Twitter
Transaction costs
Interest
Taxes
Maintenance costs
Additional spending (more space = more furniture)
Lack of mobility
Lack of diversification
Opportunity cost (e.g., could you make more elsewhere?)

That's just to start

As always, buying can make sense, but run the numbers
buying-a-house 
27 days ago
5 Common Mistakes That Cause The 12 Week Year to Fail
Write a compelling vision of your ideal future that you’re working towards.
Plan what strategies and actions will move you closer to that future.
Create habits to make taking regular action as easy as possible.
Measure your execution to keep yourself on track.
28 days ago
Change Your Story, Change Your Life
Recognize the voice in your head. It doesn’t matter where it is coming from (your parents, a teacher, an abusive spouse); just recognize that it is happening.
Jot down what the voice is saying.It might be something like:
“You’re too young.”
“You’re too old.”
“You’re uneducated.”
“You’re over-educated.”
“You don’t have enough experience.”
“You don’t have the right experience.”
This could be literally anything. Listen carefully and write it down word-for-word.

Evaluate whether this story is empowering. Is it enabling you to accomplish the outcomes you want or is it preventing you from doing so? Be honest. (Sometimes, people are addicted to their problems and the stories that create them.)
Write down a different story. I’m not talking about a bunch of positive thinking mumbo jumbo. I am talking about telling yourself the truth. And often, this is simply a matter of shifting your perspective.
Start telling yourself the new story. Every time your inner narrator begins telling the old yarn, stop him. Say, “No! That’s baloney. Here’s the truth.” Then repeat your new story.
rewrite-story 
28 days ago
How do you deal with stress - General Discussion / Personal Development - FS Learning Community
Work less, spend more time with your family, and schedule more time that is only for you for…walking, a hobby, reading, whatever. For example, Sunday is my stress reliever. I get an early workout, spend the day reading at the library or my office, and then cap it off with a big plate of spaghetti and meatballs and
wine at my favorite restaurant. All alone. I hope I can do it for the rest of my life (But my girlfriend owns my ass on Saturday’s).

Everyone is different, though…you just have to find what works for you. A business partner of mine started working out a lot during a stressful period to relieve stress - and then he got shingles! So exercise may not be a great stress reliever for him.

--

This is a very pertinent question these days.
First and foremost, to be honest, we have to accept that stress is here to stay. The expectation to be completely rid of stress is actually way more stressful than the life situation. Like they say, life is always going to be a series of problems to be solved.

I would like to share a few pointers here:

Whenever, I feel stressed, I try to take things slowly and be aware of the bodily sensations. As @Angel has brilliantly pointed out here.
Meditation and exercise definitely help, but one has to be very patient with them. You have to make sure that you are meditating correctly (by learning from and getting constant feedback from a competent teacher) and choose an exercise that suits you and rejuvenates you (personally I like running and basic yoga postures which ground me)
Also clutter and unimportant things need to be removed from life. Because most of the time, the mind is stressed because it is not being able to focus in the present moment. More the no. of things the mind is involved in at a certain point of time, more stressed it is likely to be. So removing clutter definitely helps a lot.
Structure in the day also helps a lot. eg: routine times for going to bed, waking up, exercising etc.
Most of the times, we have to deal with situations globally, i.e. trying to find a “big fix” to a solution. But many times, even a local solution like “being aware of the moment” helps quite a lot.

Hope this helps.
FS-Community  stress 
29 days ago
OUTLIER Slim Dungarees
A 21st century take on jeans, made from the most ruggedly comfortable tech fabric around. There’s no denim in here. No cotton to suck up sweat and rain and clam up your life. No cotton to stay cold for hours as it barely dries. No cotton to blowout after a month or two of cycling. The original jeans were a technical pant made for miners. To make a truly 21st century jean we needed to avoid the world of denim fetishists and find the best possible material to take the five pocket pant back to its performance roots.
to-buy 
4 weeks ago
The hidden benefits of renting (over buying) | RadReads
Liquidity, optionality, low stress are all key advantages of renting
home-ownership 
4 weeks ago
Utah, Kyle Whittingham and the science behind bulking up a ‘moldable frame’ – The Athletic
“If your meal is two steaks, half a plate worth of mashed potatoes, you have a bowl of a salad and you want two cookies with that? Go for it,” Moore said. “Eighty percent of your meal is really balanced and then you have the two cookies — that’s 20 percent for your soul.”

An example of an average day that Moore might lay out for a player:

Breakfast: Six eggs, three pieces of whole wheat toast with jam, one apple, one banana, one glass of water
Morning snack: Sandwich, two glasses of chocolate milk, one fruit cup
Lunch: One 10 ounce-steak, two or three baked potatoes with butter, sour cream and cheese, one cup of asparagus, one piece of fruit, two glasses of water
Pre-workout snack: One peanut butter and jelly sandwich, one fruit cup
Post-workout snack: Protein shake
Dinner: Two tuna salad sandwiches, one handful of chips, one side salad, one bowl of pineapple, two glasses of water
Evening snack: Sandwich, one serving of fruit
Pre-bedtime protein: Two glasses of whole milk
interesting  coaching  fitness 
4 weeks ago
Malcolm Gladwell: We Should All Be Disagreeable | Opinion | OZY
Now, by being disagreeable, Gladwell — and the psychological research literature he is drawing from — doesn’t mean being obnoxious. Rather, someone who is disagreeable is someone who does not require the approval of others to do what they believe is right. And it’s obviously a trait that resides on a spectrum across the population. “If you don’t care one iota what your peers think of you, you are essentially a sociopath,” says Gladwell. “But it is also a precondition for doing things that are extraordinary.”
thinking  corevalues 
4 weeks ago
Why Facts Don’t Change Our Minds
Years ago, Ben Casnocha mentioned an idea to me that I haven't been able to shake: The people who are most likely to change our minds are the ones we agree with on 98 percent of topics.
decision-making 
5 weeks ago
Bezos Unbound: Exclusive Interview With The Amazon Founder On What He Plans To Conquer Next
"What Jeff Bezos has done and is likely to do is perhaps the most remarkable achievement I've seen," Warren Buffett told me last year, after I asked him, open-ended, to name the most impressive business mind in his almost eight decades of market-watching. "Because he's taken two very major industries, and simultaneously, and sort of under the nose of competitors, he's become in effect the leader and is redefining them and succeeding at really big businesses."
profile  amazon 
5 weeks ago
The Perfect Truth – Cleaning the Glass
“I have this view that people disagree with. Is that a good view, or is it just a view that people disagree with because it’s a bad view?” The goal of contrarianism is to make the idea spread. That’s one way to know it’s right, if others will follow. “The important part of [contrarianism] is not about having this view that everyone disagrees with. The important part is bringing it to everyone else, and actually taking that view and causing it to become non-contrarian,” to the point that, down the line, people are incredulous that it was even questioned in the first place. The best contrarian views, Kwok notes, make people say: “Was that even that contrarian a view? We all believe it!”
thinking  behavioral-psych 
6 weeks ago
10 things about yourself that would surprise you - I Will Teach You To Be Rich
1. How much $ you spend per month
2. How long you spend talking to your family per month
3. How much time you spent working on the thing you say is your “passion” last month
4. How far you walk every day
5. How much you read NOT from a computer
6. How much time you spend organizing your life (bills, etc)
7. How many calories you eat per day
8. How much time you actually work at work
9. How much time you spend watching TV per month
10. Which of your goals you accomplished last year
interesting 
6 weeks ago
10 Things You May Not Know About the Great Depression
In 1938, six years after the end of the Great Depression, the unemployment rate was still as high as 20%. Six years after the Great Recession, the unemployment rate was just over 5%.
interesting  Great-Depression 
7 weeks ago
Penn State’s blueprint and Pennsylvania natives are laying a new foundation at Mississippi State – The Athletic
Moorhead’s thinking when compiling the staff was this: If you can coach well and recruit well, it doesn’t matter where you’re from. He notes a heightened sense of urgency in the SEC with recruiting, on top of his need to stay in the loop with everyone all the time while multitasking to manage that never-ending list of to-dos.

“I think that’s another thing about James that I learned,” Moorhead said. “He was able to strike a delicate balance between ownership and delegation, I guess is how I’d put it. His stamp was on everything, but he still allowed people to do their jobs, and I think that’s something you’ve got to do. You’ve gotta give people ownership and a reason to want to perform at their best, and then if their motivation is just to do enough not to get yelled at then, they’re not gonna do their job.
coaching 
7 weeks ago
Sustainable Sources of Competitive Advantage · Collaborative Fund
The ability to communicate more effectively than your competition
8 weeks ago
Locus Biosciences Closes $19 Million Series A Led by ARTIS Ventures for CRISPR-Cas3 Antimicrobials
Scientists around the world are raising the alarm that we are entering a post-antibiotic era, in which all currently-available antibiotics are ineffective.  Since its founding in 2015, Locus Biosciences has been tackling this problem by developing powerful CRISPR-based "smart bombs" that kill antibiotic-resistant superbugs by irreversibly destroying the bacterial DNA. Locus is the only company in the world utilizing CRISPR-Cas3 to kill targeted pathogens, such as Clostridium difficile, Pseudomonas aeruginosa and Enterobacteriaceae.
Kineticos 
9 weeks ago
(8) Orla Power's answer to What was the best 'drop the mic' moment you've witnessed in a business meeting? - Quora
The discussion was uncontentious. My stakeholder - a female senior leader - laid out an action plan. Next, a male, mid-level associate chimed in, ostensibly to provide “additional color”…

At this point my stakeholder came back on the line and said, in a very matter of fact way:

“Thank you [NAME] for repeating all my recommendations. Now, as we are in agreement I suggest we give everyone some time back, wrap up this call and get back to work”.

Boom! Mic drop.
gender  conversation  via:ramitsethi 
9 weeks ago
More than the mustache: 45 things to know about Oregon strength coach Aaron Feld – The Athletic
21. “I don’t consider myself to be in the upper levels of intelligence. I just pay attention. Why study for four hours the night before when I can pay attention for 15 minutes three days a week in class?”
top-performer  coaching 
10 weeks ago
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