What Do I Know? - Life Lessons

Showing 45 entries
WISDOM
Zoe does the little things that melts my heart
- Age Learned: 45

Context

No context provided.

WISDOM
My first uncontrollable happiness
- Age Learned: 45

Context

Is when Chloe was born

WISDOM
Are we just chasing emptiness to fill our time?
- Age Learned: 45

Context

In the absent of news, stocks, feeds, games, entertainment, I’ve find my smartphone almost useless unless I needed something

WISDOM
Before you dislike anything, try to see why some people might like it, I mean really try to see from their perspective to the extend that you'll like it, then you can decide if you like it or not
- Age Learned: 15

Context

I did not like rap, country, metal music, but I try to have this exercise to analyze and determine if this would change my mind.

WISDOM
You have one life, spend it wisely
- Age Learned: 3

Context

Chloe said this when I was 45 and she’s 9

WISDOM
Why’s my pants wet
- Age Learned: 38

Context

At target, Chloe peed her pants

WISDOM
Originality is about seeing which existing ideas matter now, in this context, arranged this way, with these constraints, executed to completion.
- Age Learned: 45

Context

It's also a developmental arc. Early in life, originality feels like invention. Later, it feels like selection.

WISDOM
The 4 basic fade groups: Sell side Analysts, Asset Managers, Journalists, Economists
- Age Learned: 45

Context

Conflict of Interests, Career risks; consensus future = do the opposite; news is not prospectus opportunities; in favor of what's happening, by design they favor what they think should be happening based on speculative information.

WISDOM
The man who moves a mountain begins by carrying away small stones. -Confucius
- Age Learned: 18

Context

Success in investing comes from steady, incremental progress.

WISDOM
Compound interest is the eighth wonder of the world. He who understands it, earns it; he who doesn’t, pays it. - Albert Einstein
- Age Learned: 21

Context

Start early and let compounding do the heavy lifting.

WISDOM
He who lives by the crystal ball will eat shattered glass. -Ray Dalio
- Age Learned: 44

Context

Forecasting is dangerous; base decisions on probabilities.

WISDOM
Markets are never wrong; opinions often are. - Jesse Livermore
- Age Learned: 45

Context

Respect the market’s movements over personal biases.

WISDOM
It was never my thinking that made the big money for me. It was always my sitting. - Jesse Livermore
- Age Learned: 44

Context

The ability to hold investments through volatility is key.

WISDOM
It’s not whether you’re right or wrong that’s important, but how much money you make when you’re right and how much you lose when you’re wrong. - George Soros
- Age Learned: 45

Context

Focus on the magnitude of gains versus losses.

WISDOM
Successful investing requires second-level thinking. - Howard Marks
- Age Learned: 40

Context

Outperform by thinking differently and deeper than the crowd.

WISDOM
You can’t predict. You can prepare. -Howard Marks
- Age Learned: 40

Context

Investing is about managing risk, not guessing the future.

WISDOM
Time is your friend; impulse is your enemy. -John C. Bogle
- Age Learned: 40

Context

Invest for the long term and avoid emotional decisions.

WISDOM
The stock market is a giant distraction from the business of investing. -John C. Bogle
- Age Learned: 40

Context

Focus on long-term wealth building, not short-term noise

WISDOM
The big money is not in the buying or the selling, but in the waiting. -Charlie Munger
- Age Learned: 40

Context

Patience is a critical component of successful investing.

WISDOM
Price is what you pay; value is what you get. - Benjamin Graham
- Age Learned: 35

Context

Distinguish between cost and intrinsic worth.

WISDOM
The investor’s chief problem—and even his worst enemy—is likely to be himself. -Benjamin Graham
- Age Learned: 40

Context

Discipline and emotional control are vital.

WISDOM
The best stock to buy may be the one you already own. - Peter Lynch
- Age Learned: 40

Context

Avoid chasing returns; optimize your current portfolio.

WISDOM
Know what you own, and know why you own it. - Peter Lynch
- Age Learned: 25

Context

Understand your investments deeply.

WISDOM
Be fearful when others are greedy, and greedy when others are fearful. - Warren Buffett
- Age Learned: 25

Context

Contrarian thinking often leads to superior returns.

WISDOM
Rule No. 1: Never lose money. Rule No. 2: Never forget Rule No. 1. - Warren Buffett
- Age Learned: 25

Context

Focus on preservation of capital.

WISDOM
You practice what you preach
- Age Learned: 12

Context

You live by what you believe in.

WISDOM
Problem solving is not about brilliance. It’s about constraint + reduction + iteration.
- Age Learned: 45

Context

Fundamental of geometry of thinking.

WISDOM
The perfect is the enemy of the good.
- Age Learned: 23

Context

Optimize the small parts, but always check if the whole system benefits.

WISDOM
You can’t steer a parked car
- Age Learned: 15

Context

Build systems that correct themselves through measurement, aka Feedback Loop

WISDOM
There's no perfect solution. But there are always better solution.
- Age Learned: 19

Context

Optimization is root of all innovation.

WISDOM
Prediction is very difficult, especially about the future.
- Age Learned: 15

Context

Create a simplified world to experiment (Simulation / Modeling) before committing.

WISDOM
Edge cases are where the truth lives.
- Age Learned: 16

Context

Test extreme inputs to understand system behavior.

WISDOM
Invert, always invert.
- Age Learned: 25

Context

Instead of asking “How do I succeed?”, ask “How do I fail?” — then avoid it. Works well in risk management, investing, decision making.

WISDOM
Perfection is achieved not when there is nothing more to add, but when there is nothing left to take away.
- Age Learned: 19

Context

Start rough, then repeatedly improve precision.

WISDOM
The universe is not only stranger than we imagine, it is stranger than we can imagine.
- Age Learned: 22

Context

Analogical Reasoning - Solve by comparing to similar problems in different domains.

WISDOM
What gets measured gets managed.
- Age Learned: 22

Context

DMAIC and DMADV. Form a theory, test it with data, refine.

WISDOM
In theory, there is no difference between theory and practice. In practice, there is.
- Age Learned: 21

Context

Identify recurring structures from prior experience.

WISDOM
The purpose of abstraction is not to be vague, but to create a new semantic level.
- Age Learned: 17

Context

Ignore irrelevant details and operate at the right conceptual level.

WISDOM
The problem is not the problem. The problem is your attitude about the problem.
- Age Learned: 21

Context

Map your problem into a problem that is already solved.

WISDOM
A chain is no stronger than its weakest link.
- Age Learned: 22

Context

Identify what is limiting progress and optimize that first. Identify and address the bottleneck first

WISDOM
All models are wrong, but some are useful.
- Age Learned: 19

Context

Use approximate rules to explore large solution spaces efficiently. You accept imperfection in exchange for speed.

WISDOM
Begin with the end in mind
- Age Learned: 6

Context

Start with the desired end state and reason backward to today. Play deterministic games like Chess, think about the winning condition and work backwards.

WISDOM
If you can’t explain it simply, you don’t understand it well enough.
- Age Learned: 12

Context

First Principles Thinking - Reduce the problem to fundamental truths and build upward. You stop copying solutions and start inventing them.

WISDOM
Divide and Conquer
- Age Learned: 5

Context

Break a large problem into smaller independent pieces, solve each, then combine. Sometimes the challenge looks daunting. By breaking it down, it changes perspective and into workable problems.

WISDOM
if you eliminate the impossible, whatever remains, however improbable, must be the truth
- Age Learned: 30

Context

The process of elimination was a method of determining an answer by removing other possibilities until only one remained. When doing multiple choice questions, once you eliminated the wrong answers, the ones left are likely the correct ones.


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