I've always like the ratio of discipline/desire. I'm stealing this from an author that I can't remember, but he said something like: Discipline without desire breeds drudgery and desire without discipline yields disappointment.
Ton of type 2 fun related to university. Taking public transportation at early hours in the morning, studying for exams with your friends until your eyeballs turn to drywall. Seems pretty miserable at the time, but I look back at those moments fondly
Most of my fondest memories of school/university are all stuff around classes.. Reading endlessly at the library between classes, listening to new albums on the bus, talking with friends during lunch, etc.
First and foremost -- Congrats on the 5% threshold!! Hope it keeps growing as you write an awesome newsletter.
Second, having run a couple of ultras I'm more of a type II fun kind of person. The riding my bike across the country also sounds like a blast (although I'm guessing it would involve far more repair work than I'd enjoy and dodging vehicles is less fun in practice). From an investing standpoint, talking/writing about it (because the basics are pretty simple -- don't get swept up in behavioral waves, diversify, keep costs as low as possible, and save regularly) are challenging because you need to find ways to make it interesting. Fortunately, the content is constantly refreshed with new material!
I wish I had more of an attraction to Type 2 activities.. I really admire people who can exercise a lot, lift, run, etc, and get a lot of pleasure out of it, even get addicted to that grind.
I had to really force myself to do any kind of exercise and it rarely becomes a habit, so I have to gamify it somehow by tracking stats about it, etc.. But apart from walking, which I like, it's tough..
Quite interesting stuff on Cloudflare, the flywheel is a really powerful concept when you are looking at compounders, I just wonder if there is anyway to see companies early on in the process?
It's so hard.. Partly because companies stay private longer now, so by the time they become public is may already be evident how much traction they have and valuation my be very high (see Snowflake).
Cloudflare is actually an example of one going public relatively small, at 5bn market cap... Can't imagine what Stripe will IPO at.
I've always like the ratio of discipline/desire. I'm stealing this from an author that I can't remember, but he said something like: Discipline without desire breeds drudgery and desire without discipline yields disappointment.
That's a good way to put it! Thanks for the comment 💚 🥃
Ton of type 2 fun related to university. Taking public transportation at early hours in the morning, studying for exams with your friends until your eyeballs turn to drywall. Seems pretty miserable at the time, but I look back at those moments fondly
That's a good vein of type 2...
Most of my fondest memories of school/university are all stuff around classes.. Reading endlessly at the library between classes, listening to new albums on the bus, talking with friends during lunch, etc.
First and foremost -- Congrats on the 5% threshold!! Hope it keeps growing as you write an awesome newsletter.
Second, having run a couple of ultras I'm more of a type II fun kind of person. The riding my bike across the country also sounds like a blast (although I'm guessing it would involve far more repair work than I'd enjoy and dodging vehicles is less fun in practice). From an investing standpoint, talking/writing about it (because the basics are pretty simple -- don't get swept up in behavioral waves, diversify, keep costs as low as possible, and save regularly) are challenging because you need to find ways to make it interesting. Fortunately, the content is constantly refreshed with new material!
Thank you! 💚 🥃
I wish I had more of an attraction to Type 2 activities.. I really admire people who can exercise a lot, lift, run, etc, and get a lot of pleasure out of it, even get addicted to that grind.
I had to really force myself to do any kind of exercise and it rarely becomes a habit, so I have to gamify it somehow by tracking stats about it, etc.. But apart from walking, which I like, it's tough..
Congrats man, huge accomplishment. It's a great news letter and great to see that's being recognized by the masses.
Thanks Brent! 💚 🥃
Congrats on the 5% milestone Liberty. Well deserved.
Thank you! 💚 🥃
Quite interesting stuff on Cloudflare, the flywheel is a really powerful concept when you are looking at compounders, I just wonder if there is anyway to see companies early on in the process?
It's so hard.. Partly because companies stay private longer now, so by the time they become public is may already be evident how much traction they have and valuation my be very high (see Snowflake).
Cloudflare is actually an example of one going public relatively small, at 5bn market cap... Can't imagine what Stripe will IPO at.