Innovation is saying no to 1,000 things.

Saturday, December 30, 2023 Francisco 0 Comments

TAGS:

I take a lot of pleasure from the things I do well, it took time to be a good cyclist but now I can do 100 miles in one morning with my friends , talk and enjoy all the time but the beginning was terrible. It took some years to take the pleasure I have now.

I think it's the same in everything in life. If you are a multitasker, jumping from a to b to C you will never enjoy the benefits of being good at something. The end is the best.

do less and you will enjoy more. don't try and try and try.

Insist a bit. Don't give up. Say no to almost everything. To try everything is not a good way of living.

It's not the daily increase but daily decrease. Hack away at the unessential.

Bruce Lee

Long-term consistency trumps

Wednesday, December 27, 2023 Francisco 0 Comments

TAGS:

Change habits forever, forget goals. I quit smoking when I had to come down to smoke , and one day I quit sugar and never looked back. To slowly improve it's very difficult for me. Moderation is very difficult for me.

“I’m a slow walker, but I never walk back.” — Abraham Lincoln

“Long-term consistency trumps short-term intensity.” — Bruce Lee

No one has ever gone into the Amazon jungle and found an isolated person

Wednesday, December 20, 2023 Francisco 0 Comments

TAGS:

By Michelle Roberts

Success in life depends ....

Tuesday, December 19, 2023 Francisco 0 Comments

TAGS:

Silence is a source of great strength.

Lao Tzu

Nothing strengthens authority so much as silence. 

Leonardo da Vinci

How to be Unhappy

Thursday, December 14, 2023 Francisco 0 Comments

TAGS:

The more refined one is, the more unhappy.

Anton Chekhov

If you optimize everything, you will always be unhappy.

Donald Knuth

Sitting is the new smoking

Tuesday, December 12, 2023 Francisco 0 Comments

TAGS:

 It's not dying you should worry about; it's chronic disease

You need to change your lifestyle early in life, not to live longer but to live better in your seventies, eighties and beyond

Gautam Baid

If you have lousy habits you are not going to die early , you are going to limp or sit in the last 10 years of your life. Old age must be difficult but if you have no money and can't walk it's even more complicated. Just move and eat a bit, be outside get plenty of sun start today. 

I am going to walk my dog now. 

To keep the body in good health is a duty... otherwise we shall not be able to keep our mind strong and clear.

Gautama Buddha

No human thing is of serious importance

Tuesday, December 05, 2023 Francisco 0 Comments

TAGS:

 No human thing is of serious importance

If you can't be happy with a coffee, you won't be happy with a yacht

Monday, December 04, 2023 Francisco 0 Comments

TAGS:

 If you can't be happy with a coffee, you won't be happy with a yacht."

Naval

Really successful people say no to almost everything

Monday, November 27, 2023 Francisco 0 Comments

TAGS:

Warren Buffett once said: "The difference between successful people and really successful people is that really successful people say no to almost everything." 

Speaking in the OPTIMIZE seminar in OPORTO. Thank you for inviting me. 

Stocks for the long run. 

Which stocks for the long run.

There are many ways to skin a cat I have one. 

Bitcoin

Thursday, November 23, 2023 Francisco 0 Comments

TAGS:

In the end since every day someone loses their security keys there will be only a few Bitcoins.

Think about that

Don't overthink

Tuesday, November 21, 2023 Francisco 0 Comments

TAGS:

A man who suffers before it is necessary, suffers more than is necessary.

Decay comes from turning the TV when the sun is out

Tuesday, November 21, 2023 Francisco 0 Comments

TAGS:

If you don't move , it's winter the body shuts down for hibernation, if you move it's spring everything is ready to hunt.

If you don't send any signals to grow, decay will win, but even a modest signal  to grow- a decent workout, even a good stiff walk -will drown out the noise. Thing is, you need to do something every day to tell your body it's spring time.

“Your body reads idleness as a sign that you are starving to death as slowly as possible, no matter how much you eat. Exercise”
― Chris Crowley, Younger Next Year: Live Strong, Fit, and Sexy - Until You're 80 and Beyond

To be nº1 is an advantage except

Wednesday, November 15, 2023 Francisco 0 Comments

TAGS:

But I agree with buffet the best banks could be a small bank that is slow about doing new business.

everywhere else to be nº1 is incredible. , if you go to buy something why not buy what everybody is buying, if it was bad it would not be nº1. nº1 is low risk.

Don't go for the easy money

Monday, November 13, 2023 Francisco 0 Comments

TAGS:

All good is hard. All evil is easy. Dying, losing, cheating, and mediocrity is easy. Stay away from easy. 

Scott Alexander

I don't know if the regular business of PFIZER was good or was bad , however it looks like they jumped on the easy money , COVID  and rushed a vaccine made some quick money and then......BUUMMM they disrupted their long term business

Never go for the easy money I guess it's the lesson. If someone finds that PFIZER lied in the vaccines that could be even worse

Animals in nature never get fat.

Sunday, November 05, 2023 Francisco 0 Comments

TAGS:

 Animals in nature never get fat.

Funny that only pets fed by humans get fat.

Bears eat like crazy in the summer and are fairly chubby in the autumn. But then comes the hard times. The surplus fat is burned surviving the winter.

I am like the Bears!

I guess the explanation must be if you eat proper food you don't get fat, however if you eat human food the animal gets fat easily.

Bruce Rengers: I have seen massively obese animals in the wild, but it is always because they are eating human food that is brought to them. For example, monkeys in temples in Thailand are considered sacred and receive food from people every day even though they live "in the wild." These monkeys are so obese they can barely move.

A man growing old becomes a child again.

Thursday, November 02, 2023 Francisco 0 Comments

TAGS:

A man growing old becomes a child again.

Sophocles

Children love everything, everything, I believe that as we got old all will be wonderful , every small thing. slow and happy. 

It's very important to live in a way that doesn't drive you crazy but rather drives you sane. You are driven sane by doing small, simple things carefully, thereby spiritualizing your activities.

Men are like wine - some turn to vinegar, but the best improve with age.

Pope John XXIII

You don’t have to accept things you are not okay with

Thursday, November 02, 2023 Francisco 0 Comments

TAGS:

 “Half of the troubles of this life can be traced to saying yes too quickly and not saying no soon enough.” Josh Billings

“People think focus means saying yes to the thing you’ve got to focus on. But that’s not what it means at all. It means saying no to the hundred other good ideas that there are. You have to pick carefully. I’m actually as proud of the things we haven’t done as the things I have done. Innovation is saying no to 1,000 things.”

Steve Jobs

That does not kill you

Tuesday, October 24, 2023 Francisco 0 Comments

TAGS:

Is it better to hire a parson that had a impeccable life everything smooth, no wrong , no disaster ever  or someone that had problems and overcome them?? 

“That which does not kill us makes us stronger.” 

Friedrich Nietzsche

Never complain

Tuesday, October 24, 2023 Francisco 0 Comments

TAGS:

 “Never tell your problems to anyone...20% don't care and the other 80% are glad you have them.”

“Don't be overheard complaining ... not even to yourself.”
― Marcus Aurelius, Meditations by Marcus Aurelius

Nature does not hurry

Wednesday, October 18, 2023 Francisco 0 Comments

TAGS:

when we are light and fit we are doing everything according to nature

“Nature does not hurry, yet everything is accomplished.”

Lao Tzu

Let us permit nature to have her way. She understands her business better than we do.

Michel de Montaigne

Amor fati

Tuesday, October 17, 2023 Francisco 0 Comments

TAGS:

Show me the incentive

Tuesday, October 17, 2023 Francisco 0 Comments

TAGS:

 "The rabbit runs faster than the fox because the rabbit is running for his life while the fox is only running for his dinner."

This is very difficult to do

Sunday, October 15, 2023 Francisco 0 Comments

TAGS:

This is more than enough to do well 

Stand alone to win BIG

Friday, October 13, 2023 Francisco 0 Comments

TAGS:

The only serious money I have made came when I have stood alone with a unique perception as to what was happening to a company, an industry a country, or even the western world.

Martin Sosnoff

this is why you will never make money with anything that is in the front page of a newspaper, if it's in the first page it's in the price.

What is obvious never makes money

anything can happen, anything

Tuesday, October 10, 2023 Francisco 0 Comments

TAGS:

 One day everything is fine , next day in the Tarmac & Hospital

No broken collarbone, back home.

When you arise in the morning, think of what a precious privilege it is to be alive - to breathe, to think, to enjoy, to love. Marcus Aurelius

funds with facial unattractive managers outperform funds with attractive managers by over 2% per annum

Friday, October 06, 2023 Francisco 0 Comments

TAGS:

According to Nassim Taleb if you want to choose a doctor you should always choose the ugly one, that makes sense because they had to overcome a lot to reach where they are now. Attractive people benefit from help all the way. Now we know that if a fund manager is "less attractive" he also had to overcome a lot. The world is fair, the very poor have a will to win that the rich kids don't have and that is a big equalizer. Now we know that the unattractive do better than the.... Everything is well.

 In this paper, we study the relationship between stock fund managers’ facial attractiveness and fund outcomes. Utilizing the state-of-art deep learning technique to quantify facial attractiveness, we find that funds with facial unattractive managers outperform funds with attractive managers by over 2% per annum. We next show that good-looking managers attract significant higher fund flow especially if the funds are available on Fintech platforms where their photos are accessible to investors. Good-looking managers also have greater chance of promotion and tend to move to small firms. The potential explanations for their underperformance include inadequate ability, insufficient effort, overconfidence and inefficient site visits.

https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4322134

We have decided to side with the many

Wednesday, October 04, 2023 Francisco 0 Comments

TAGS:

We have decided to side with the many.

all the companies that decide to help the customer instead of taking the money from the customer are doing very well. Not companies that lose money in everything they do and have to raise capital over and over. Companies that do good and make money. IKEA is exactly that. 

you just have to be right once

Wednesday, October 04, 2023 Francisco 0 Comments

TAGS:

 "One thing that's important in entrepreneurship is you just have to be right once. You get many many shots on goal. ... But you really only have to be right once."

Never let the future disturb you

Tuesday, October 03, 2023 Francisco 0 Comments

TAGS:

Never let the future disturb you. You will meet it, if you have to, with the same weapons of reason which today arm you against the present.

A man who is a master of patience is master of everything else

Monday, October 02, 2023 Francisco 0 Comments

TAGS:

Most things take time, stay with your thing enough time and the results will show up. Focus & persistence are the keys for everything. Multitask is a disaster. The cartoon below is a different message unrelated, but I thought it nice. have a great day thank you for reading my Blog.

Patience is the companion of wisdom.

Adopt the pace of nature: her secret is patience.

Ralph Waldo Emerson

A man who is a master of patience is master of everything else.

You don’t need mentors, you need action

Saturday, September 30, 2023 Francisco 0 Comments

TAGS:

 "You don’t need mentors, you need action."

@naval

Most of the new things fail

Friday, September 29, 2023 Francisco 0 Comments

TAGS:

We should always do what has worked forever. what we did in COVID not letting the pandemic spread & dissipate fast was a disaster. To try to push the world into green energy that is not green and is not economic might backfire as the covid policy did. In Covid we had Sweden as a comparison in Energy we have emerging markets that are so poor they can't afford to do stupid things /untested. Sweden did very well, emerging markets perhaps finally emerge at least some of them.

The Lindy effect (also known as Lindy's Law) is a theorized phenomenon by which the future life expectancy of some non-perishable things, like a technology or an idea, is proportional to their current age.