As you start to walk on the way, the way appears

Tuesday, April 30, 2024 Francisco 0 Comments

Just start, and when you start everything changes for the best....just do it 


 “As you start to walk on the way, the way appears.”

― Rumi

Inaction breeds doubt and fear. Action breeds confidence and courage. If you want to conquer fear, do not sit home and think about it. Go out and get busy.
Dale Carnegie

If you spend too much time thinking about a thing, you'll never get it done.

Bruce Lee









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I can live for two months on a good compliment

Friday, April 26, 2024 Francisco 0 Comments

fake compliments are horrible , but if you can congratulate your kids for something well done, make a party it's even better.


The deepest principle in human nature is the craving to be appreciated.


“Anything forced is not beautiful.” — Xenophon

I can live for two months on a good compliment.

Mark Twain


Any fool can criticize, condemn and complain - and most fools do.

Dale Carnegie


Joy, feeling one's own value, being appreciated and loved by others, feeling useful and capable of production are all factors of enormous value for the human soul.

Maria Montessori

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True

Thursday, April 25, 2024 Francisco 0 Comments

 





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shareholder wealth is concentrated in very few stocks

Tuesday, April 23, 2024 Francisco 0 Comments

If you find a winner , do nothing, sit


“The results also help to explain why active strategies, which tend to be poorly diversified, most often underperform,” says Bessembinderwho found that the largest returns come from very few stocks overall — just 86 stocks have accounted for $16 trillion in wealth creation, half of the stock market total, over the past 90 years. All of the wealth creation can be attributed to the thousand top-performing stocks, while the remaining 96 percent of stocks collectively matched one-month T-bills.


It never was my thinking that made the big money for me. It was always my sitting. Got that? My sitting tight!

— Edwin Lefevre


Picking multi-baggers isn't hard 

Letting them turn into multi-baggers is













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what could ruin my way of life fast?

Wednesday, April 17, 2024 Francisco 0 Comments

How to lose less if there is inflation?

no money in Bonds & deposits, cash etc... most in stocks (some stocks can do very well), Gold, houses, bitcoins, commodities etc... 

what could ruin my way of life fast?

besides lack of health if oil price doubles that would ruin my way of life, not my life of course but I would do much less. Mobility is key for my way of life.

I need to make money when there is inflation because all sort of bad things happen when inflation exists, insecurity, robbery, etc...

Is there a reason to think inflation might come back? YES















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How can USA be competitive?

Wednesday, April 17, 2024 Francisco 0 Comments

 

How can USA be competitive? 


they can't 


USD must fall



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Stay the course

Monday, April 15, 2024 Francisco 0 Comments

 













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We have control over almost nothing

Monday, April 15, 2024 Francisco 0 Comments

We have control over the way we react to what happens to us, yes we can control this. Only this. The rest is out of our hands.


Of all men's miseries the bitterest is this: to know so much and to have control over nothing.

Herodotus





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I have too much stuff

Sunday, April 14, 2024 Francisco 0 Comments

 


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Why Cities Live forever and Companies Die a lot and faster

Thursday, April 11, 2024 Francisco 0 Comments

 The strength that comes from human collaboration is the central truth behind civilisation’s success and the primary reason why cities exist we must free ourselves from our tendency to see cities as their buildings, and remember that the real city is made of flesh, not concrete.

— Edward Glaeser


Cities don't make people poor; they attract poor people. The flow of less advantaged people into cities from Rio to Rotterdam demonstrates urban strength, not weakness. A wealth of research confirms the importance of face-to-face contact. Edward Glaeser.

From John Brokman
And in fact, one of the great things about cities is that it supports crazy people. You walk down Fifth Avenue, you see crazy people. There are always crazy people. Well, that's good. Cities are tolerant of extraordinary diversity. ...
This is in complete contrast to companies. The Google boys in the back garage so to speak with ideas of the search engine, were no doubt promoting all kinds of crazy ideas and maybe having even crazy people around them.
Well, Google is a bit of an exception, because it still tolerates some of that. But most companies start out probably with some of that buzz. But the data indicates that at about 50 employees to a hundred that buzz starts to stop. A company that was more multi dimensional, more evolved, becomes uni dimensional. It closes down.

Cities nurture anonymity, which liberates people to pursue their dreams. they are magnets for individuals and business.they are diverse, in terms of activities they support, skills they generate, and populations they attract. They create economies of scale and scope. They produce complex networks of exchange, including with other cities. Not least they can supply transportation, communications, water supply, sewerage, energy, health and other services far more efficientely than either rural or sprawling suburban areas.

Martin Wolf






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What else

Wednesday, April 10, 2024 Francisco 0 Comments

 


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It is not always the same thing to be a good man and a good citizen

Wednesday, April 10, 2024 Francisco 0 Comments

 

“Those who would give up essential liberty to purchase a little temporary safety, deserve neither liberty nor safety.”

― Benjamin Franklin

“It is not always the same thing to be a good man and a good citizen.”

― Aristotle

LOS ANGELES (AP) — The harrowing Holocaust drama “ The Zone of Interest,” which explores questions of complicity while depicting the mundane lives of a Nazi family in their home adjacent to the Auschwitz death camp, won the Academy Award for best international film.

During Covid some people made the life miserable for non vaccinated people. These people would have obeyed Hitler also. They do anything for security and safety. They are good citizens but not good people.

In my country some people thought it was a good idea to close school and do home schooling by zoom. These people are still around. 

The Milgram experiment proved that people will likely follow orders, even harmful ones, when instructed by an accepted authority figure.

From Wikipedia, the free encyclopedia
Beginning on August 7, 1961, a series of social psychology experiments were conducted by Yale University psychologist Stanley Milgram, who intended to measure the willingness of study participants to obey an authority figure who instructed them to perform acts conflicting with their personal conscience. Participants were led to believe that they were assisting an unrelated experiment, in which they had to administer electric shocks to a "learner". These sham or fake electric shocks gradually increased to levels that would have been fatal had they been real.

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The Illusion of I’ll Be Happy When

Monday, April 08, 2024 Francisco 0 Comments

 “He who is not contented with what he has, would not be contented with what he would like to have.”

― Socrates

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

--Naval

If I had a masters I would have a better career, this is simply false. You do much better in life if you start working as an  apprentice of a very famous master and stay with him for many years , perhaps one day you inherit the business. Yes it's very typical for a father not to have kids interested in following the father footsteps. 

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No meetings with mobile phones

Thursday, April 04, 2024 Francisco 0 Comments

Nature does not hurry, yet everything is accomplished.

Lao Tzu

When I ear that Warren Buffet does not have a smart phone or computer, of curse it's possible to do well  without multitasking/rushing 

The king of cashmere doesn't want distractions  either

From:Wiki:

Established in 1978 in the picturesque town of Solomeo, Italy, this brand has become a global symbol of Italian craftsmanship and artisanal excellence. From its impeccable tailoring to its premium materials and timeless designs, Brunello Cucinelli stands out as a brand that convey Quiet Luxury.

From :Brunello Cucinelli 10 core ideas, Quartz

Also, mobile phones and emails have certain rules: No, it’s not 24/7, because here in the company, you start at 8 AM, and at 5:30 PM you are forbidden to work any further. No emails can be sent to more than two addresses, just one or two. No group mailing. Why must a single email be read by 10 different people, unless it’s the 10 people who are interested in that specific issue? In order to disperse responsibility?

Here, we have no meetings with mobile phones. No one is allowed to bring them into the meeting room. You must look me in the eye. You must know things by heart. You must know all of your business with a 1 to 2 percent error rate. It is also training for your mind. It is also a question of respect, because I have never called someone on a Saturday or a Sunday. No one is allowed to do so. We must discover this, because if individuals rest properly, then it is better. 













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If you quit once it becomes a habit

Wednesday, April 03, 2024 Francisco 0 Comments

 "If you quit once it becomes a habit. Never quit."

If you're going through hell, keep going. 
Winston Churchill

Resolve never to quit, never to give up, no matter what the situation. 
Jack Nicklaus

Winners never quit and quitters never win. 

Vince Lombardi


In 15 years of bike racing I quit once. After that I blame myself until today it was a really bad decision. besides that I never quit either in marriage or in business sometimes even after things are behind repair...


On that day on the bike I spent the first 3 hours with an Heart rate of 170  and then above 160 until I quit after 5 hours . I eat poorly and my brain was not functioning well with lack of sugar, I thought I was doing very badly when in retrospect they told me I crossed Marão mountain  in the top 10, I was completely empty and without food. On that day I did a lot of mistakes. Too fast, not enough food etc...


besides that I quit Transportugal Roads but to go to the Hospital and the bike was ruined.


I hope I will never quit again. I hope the phrase if you quit once you became a quieter does not apply to me!!!






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In order to become the master, the politician poses as the servant.

Tuesday, April 02, 2024 Francisco 0 Comments

In order to become the master, the politician poses as the servant.

Charles de Gaulle 


Find/create  a problem , scare the public, pretend to solve the problem , take care of you and your friends during the process make sure the problem is never resolved






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So Simple

Tuesday, April 02, 2024 Francisco 0 Comments

 




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challenging education easy life, easy education difficult life

Tuesday, April 02, 2024 Francisco 0 Comments


The roots of education are bitter, but the fruit is sweet.

Aristotle




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When you have everything

Monday, April 01, 2024 Francisco 0 Comments

 

When people have everything perhaps they don't have kids . Or perhaps the cost of living is so high that we need both parents to work a full job and kids are a huge expense if you have a full time job.




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