Links

Things you use for a significant fraction of your life (bed: 1/3rd, office-chair: 1/4th) are worth investing in.

Rushing through tasks and chores like we need to get to the next thing only creates an experience of life that blends together in a dull soup. But what if we could elevate the moments of our lives to something special, sacred, alive? What if cooking soup for dinner became a transcendent experience? A moment of transcendence is something each of us has experienced: when we feel incredibly connected to the world around us, when we lose our sense of separate self and feel a part of something bigger. It’s that moment when you’re at the top of a mountain looking with awe on everything around you, or looking up at the stars, or floating in the ocean, or having your breath taken away by a sunset or field of flowers. We can intentionally create these moments, with practice, in our everyday lives. As you’re doing everything on your list, as you’re washing the dishes or having a conversation, driving home or eating kale and beans … you can elevate that moment into one of transcendence.

What’s the deal with the weird wrong-number texts? These texts are usually the lead-in to romance scams that usually end with fake crypto deposits, written so as to imply wealth and success on the part of the scammer, who is often an abused and captive worker operating multiple phones and attempting to con several people from a compound operated by shady gambling rings somewhere in Southeast Asia.

This crash - to whatever extent it continues - may end up damaging many millions more lives than the ones in 2017/2018 simply because more people have been exposed to crypto through hucksters and celebrities telling them this was the future. And just like the rest of the startup world, the crypto industry massively overhired to deal with the rush of new money and excitement in the industry, with clearly no strategy to prepare for the thing that crypto is best known for - crashing.

When the company is the first to give a number, you always get the job, and you have a 50% chance of getting a high salary.

People are saying that value investing is dead. That Warren Buffett and Charlie Munger are dead. They are not dead, and these ideas are not dead. They are timeless ideas. They are ideas that say that a business today is the present value of its future cash flows; that a business has a competitive advantage when there's something structural in its supply, or its brand, or its pricing power, or its ability to have a monopoly on intellectual property or government licensing. There's real things that make real businesses. And __the value that you provide to the customer is then in the pricing power that you have and in the margins that you make. And contrary to the scarcity of the word today, *profits* are a great measure of the value that you provide to people.__

In school, everything is planned for kids with strict rules. They’re constantly being evaluated and directed. They’re told what to do, what to think, and even what to wear! One survey found that the average kid has to follow twice as many restrictions as an active-duty Marine and an incarcerated felon.

Humans naturally copy the energy of the people they’re around. As a result, you can shape the conversation by *how* you say what you say.

Video games are essentially simulations. They give kids a chance to practice solving complex problems that mirror real life. The thinking skills they need to win games set them up for success as adults.

Research shows that kids who play games to escape real life (that is, to block unpleasant emotions or avoid confronting real-life stress) have a very difficult time translating their game skills to real life. This approach tends to increase depression, worsen social isolation, and in cases lead to addiction.