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    Life Philosophies

    Dec 16, 20241 min read

    map-of-contents

    • Optimism for the future; paranoia about the short term
    • Case studies and broad patterns over individuals
    • Why do smart people disagree in their analyses, predictions
    • Keep the goalpost constant
    • The happiness equation
    • Avoid social comparison
    • Not all risks are worth it
    • Appreciate the role of luck
    • Good plans plan on the plan not working
    • Small number of events account for majority of outcomes - Tail events
    • Tremendous results do not need tremendous force - The Power of Compounding
    • How to get admiration and respect
    • What may seem atrocious to you, may make sense to someone else
    • Everyone is playing a different game
    • Aim to be reasonable, not rational
    • History cannot be used to predict the future
      • Usefulness of history
      • History can be used to predict future in case of hard sciences
      • The world is full of surprises
    • The End of History Illusion
      • Avoid sunk costs
    • Everyone is playing a different game
    • Optimism is a good investing strategy
    • Beware of the story that we tell ourselves

    Quotes

    • You never switch off from modern day work - Quote
    • Tomorrow will never the same as yesterday - Quote

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