Start where you are

 In all my life the guy with the best bike does not win , the one with the best tennis racquet is a terrible player, my vision is always the guy with the best gadget is hiding some weakness.

If you don't have I-Phone 13 or whatever it is I think you lose nothing. Content , your idea is more important.

Start where you are. Use what you have. Do what you can. 

Arthur Ashe



 “Look at this generation, with all of its electronic devices and multitasking. I will confidently predict less success than Warren, who just focused on reading.”

- Charlie Munger




Technology wins, Investors lose

 

Initially, railway investors did not see any returns, as they had to make significant investments in laying down tracks and acquiring land. For the first 100 years, no profits were made. However, in the past 24 years, all listed railways in the US and Canada have outperformed the S&P 500. Even the worst-performing railway, Norfolk Southern, saw a 1296% increase compared to the SPY ETF's 316% rise. Like many things in life, the substantial profits came at the end.


"The secret of life is weak competition."


— Warren Buffett






Don't look for outside approval

 


Life is easy

I believe you can get ahead by going the extra mile. Most people do the bare minimum, if that. If you exceed expectations, even just a little, it can be a pleasant surprise


“We need to make sure that you get ahead purely as a function of your talent and hard work. Nothing else.”

— Elon Musk

Do more than is required. What is the distance between someone who achieves their goals consistently and those who spend their lives and careers merely following? The extra mile.

Gary Ryan Blair

How can you be wealthier than the person who has enough?

 As Morgan Housel says, enough should not be a moving goal post.

At some point, enough should be enough.





Energy Transition


No one hears the phrase "energy transition" anymore; it's practically dead. It's now clear that we are not transitioning to anything. The world needs all the energy it can get and more. Perhaps when oil and gas run out, we will have to transition to poverty and back into the dark ages.




Just do one thing , and enforce it

If you make 10,000 regulations you destroy all respect for the law

— Winston Churchill


The more corrupt the state, the more numerous the laws.

Tacitus