Develop a clear plan to achieve financial independence, enabling you to dedicate your time to personal learning, reading, and thinking on your own terms and schedule.
Be willing to change your opinions and views when new facts emerge, demonstrating intellectual flexibility rather than clinging to outdated beliefs.
To become a smarter thinker, take the views of those you disagree with more seriously than those who affirm your existing beliefs, actively seeking out challenges to your perspective.
Regularly question your current fundamental beliefs, acknowledging that historical scientific and societal understandings have often been proven wrong, to maintain intellectual humility and openness to new truths.
Develop empathy by recognizing that everyone experiences ups and downs and may be dealing with unseen struggles, fostering understanding and compassion in your relationships.
Actively seek out diverse experiences and interactions with people from different backgrounds, socioeconomic classes, and cultures to broaden your perspective and cultivate empathy.
Instill in children from an early age an understanding that most people globally live differently than they do, fostering empathy and a broader perspective on the world.
Take children to various countries and cultures, including less conventional destinations, to expose them to diverse experiences and foster empathy from a young age.
Regularly re-evaluate and clarify your priorities, especially when life circumstances shift, to eliminate distractions and focus intensely on achieving your most important goals.
Focus on positioning yourself as a significant contributor in a smaller, more niche environment to enhance your ability to stand out, be unique, and ultimately succeed.
Adopt a communication style of 100% honesty, addressing issues directly and to people’s faces rather than talking behind their backs, to foster efficiency and clarity.
Develop the skill of providing direct and honest feedback, even when critical, in a professional and courteous manner that avoids causing offense and promotes effective learning.
Consistently dollar-cost average into index funds monthly as the core of your portfolio, and supplement this with individual stocks you find attractive, if desired.
To manage the overwhelming volume of content, identify and rely on trusted individuals or sources to act as your personal filter for information.
Utilize link aggregators from trusted individuals to filter the vast amount of daily content, ensuring you consume high-quality and relevant information.
Actively follow trusted individuals on Twitter who consistently share links to high-quality articles and research reports, using it as a primary source for daily reading.
Filter out information sources that overtly mix politics with investing, as this combination can introduce biases and reduce the quality of financial analysis.
Seek out or create content that remains relevant over time, rather than focusing solely on news-based or ephemeral information, to gain more lasting value.
Engage in writing, regardless of your field, to help crystallize and solidify your ideas, as it forces you to articulate what you know.
Aim for simple, clear writing using short sentences and small words, ensuring that your message is easily understood by a broad audience without losing its core meaning.
Prioritize learning from individuals who can simplify complex topics without losing their essence, as this approach makes information more accessible and impactful.
Dedicate the majority of your day to extensive reading and information consumption, then shift to focused writing or creative work during a specific, productive block in the afternoon or evening.
Take multiple walks throughout the day to serve as dedicated time for processing information, connecting ideas, and formulating new thoughts or topics.
Avoid forcing yourself to actively brainstorm new ideas; instead, allow them to emerge naturally during relaxed, non-focused activities like walking or showering, and capture them immediately.
Instead of forcing new topic ideas, focus on staying deeply curious about what you’ve recently read, connecting different pieces of information, and trusting that new ideas will emerge naturally from this process.
Reread books and articles to discover new insights, and actively highlight interesting passages to easily revisit and reinforce learning.
Embrace digital reading platforms like Kindle for their superior ability to search and archive information, enhancing your ability to revisit and reference material.
Regularly revisit highlighted sections in previously read books to stimulate new ideas and thinking, especially when seeking inspiration for new topics.
Read historical accounts, especially those detailing significant periods of change, to gain a deeper understanding of human and business adaptation and to influence your thinking on change.