Category

Mental Models

Category

1: How do you personally respond when adversity strikes?

Do you see adversity as a challenge you can meet, or as a threat that could overwhelm you?

Your perspective on adversity significantly impacts your life.

Good news: There’s a proven way to shift from threat to challenge. Read on to learn how.

“In a threat mindset, you focus on the potential for risk, danger, harm, or loss,” Jane McGonigal writes … continue reading

1: Let’s say our goal is to help India. 

“The question we should consider asking is not ‘How can I help India?’ billionaire  Charlie Munger writes in Poor Charlie’s Almanack: The Wit and Wisdom of Charlie Munger.

“Instead, we should ask, ‘How can I hurt India?’ We find what will do the worst damage and then try to avoid it.”

This is the power of thinking backward and … continue reading

1: There are currently eight companies worth over $1 trillion. 

Six are technology companies.  The seventh is Amazon, the world’s largest retailer, which some consider a technology company.

The eighth trillion-dollar company is  Berkshire Hathaway.

“One of these things is not like the other,” goes the saying.

Berkshire Hathaway was led for many years by Chairman Warren Buffett and Vice Chairman Charlie Munger until he died in 2023 at … continue reading