💭 The 5-hour Rule, Nothingness of Money, and Cynicism
💭 The 5-hour Rule, Nothingness of Money, and Cynicism
“In my whole life, I have known no wise people (over a broad subject matter area) who didn’t read all the time — none. Zero.” — Charlie Munger, Warren Buffett’s business partner
Hi friends, today I am sharing with you a few articles for you to enjoy before you enter the Christmas period. Three wide ranging topics for you; learning, money and cynicism.
⏰ 5-Hour Rule: If you’re not spending 5 hours per week learning, you’re being irresponsible
I love learning, so I am happy to recommend an article that promotes it. My only problem is that the article treats learning as something we have to do in order to ‘get ahead’ in our careers or to help us make more money. No doubt it may do both those things, but learning for pleasure can also be a source of great joy in life. Learning therefore is intrinsically valuable. It’s more important to explore your interests than only learning things because you feel you should.
💰 The Nothingness of Money
“Wisdom is the co-existence of contradictory truths, and money is the clearest example of this. We must internalize its importance while also recognizing its pointlessness. We must operate within the story of money while also understanding that it’s a fairy tale.” Money is central to so many aspects of our lives, yet at the end of life it’s meaningless. This article is an exploration of that contradiction, and how we can keep money in perspective.
⤵️ Opt Out of Cynicism
I find it’s easy to slip into cynicism, and it often feels good. You can say “I told you so” a lot when things go wrong. But it’s optimists that make progress, that get the job, that start the business - because they believe it is possible. “One of the strongest medicines against cynical mindset which I’ve tried is to do a ‘no-complain challenge’. I find its effects to be enormous and durable for years. In this challenge, you move a bracelet from one wrist to the other when you catch yourself complaining.”
That's it for this week. If you enjoyed this week's edition, feel free to share it with your network or drop me a note.
I hope you all have a wonderful Christmas and New Year.
Jamie
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