Finite human resources

Anyone who thinks that you can have infinite growth in a finite environment is either a madman or an economist.David Attenborough Key takeaways We only have a limited amount of time and attention Not all activities deliver equal or even valuable impact; where you spend your time and attention matters The most impactful wealth-building activities are Having the right partner Following a plan Mastering your money psychology Growing your primary income Most people, when choosing…

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Reframing trade-offs to achieve a win-win

"You can have everything you want in life. Just not all at the same time."  Brianna wiest Key Takeaways Oftentimes, options for big decisions are difficult due to what appears to be "equally weighted" trade-offs The root cause is often a lack of clarity of values and goals, followed by Reframing the problem creates opportunities for win-win situations (at the expense of a different trade-off) Choosing to play a different metagame enables you to rewrite…

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Operating from a position of strength

"Over the long term, the average person who constantly puts themselves in a good position beats the genius who finds themselves in a poor position ... One reason why the best in the world make consistently good decisions is they rarely find themselves forced into a decision by circumstances. They almost always operate from a position of strength"Shane Parrish Have you ever noticed that most successful people seem to always be in the right place…

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