Get the most out of your books.
Reading gives you access to the smartest brains on earth. Learning from the greatest people is the fastest way to become healthy, wealthy, and wise.
Charlie Munger, self-made billionaire, and Warren Buffett’s longtime business partner, once said that he hadn’t known any wise person who didn’t read all the time. None, zero.
Yet, reading per se doesn’t make you a better person. You can read 52 books a year without changing at all.
It’s about what and how you read that will improve your life’s quality and enhance your mind.
I read a book a week for more than two years now and continue to look for ways to improve my reading. Recently, I listened to Bill Gates sharing his free, yet priceless lessons on how he reads books. …
On happiness, human extinction, and illusions.
To be honest, I fell asleep every time I read a few pages of Sapiens. I was overwhelmed by the width of Harari’s thoughts.
There’s a reason why he’s one of the most influential thinkers of our time. He regularly discusses global issues with heads of state, like Angela Merkel or Mauricio Macri.
In his recent interview on The Tim Ferriss Show, Yuval shared three thoughts I can’t stop thinking about. Chances are, they’ll change the way you think and go through life as well.
“We’re thousands of times more powerful than people in the stone age. But it’s not clear whether we are at all happier than they were.”
I’m an innovation enthusiast, and it took me some years and Tristan Harris to realize innovation doesn’t equal progress. …
Five mindset shifts to help you reach financial freedom
Did you know that $81.5 billion of Warren Buffet’s $84.5 billion net worth came after his 65th birthday?
I didn’t until I started reading Morgan Housel’s finance blog.
Morgan earned credibility through his former finance column at The Wall Street Journal. But what’s even better is that Morgan practices what he preaches. He’s transparent about every step he takes and passes along precious advice.
In his new book, he shares timeless lessons on wealth, greed, and happiness. Here are the ones that stuck with me. If applied, they can turn you into a better investor.
1.) Your Behavior Matters More than Your Financial Hard Skills
Until halfway through my economics studies, I avoided personal finance. Yes, I aced through my math-heavy exams. But knowing how to invest your own money? …
Spending money (or time) has boosted my health, happiness, and overall well-being.
Most people argue the best investments have the highest return rate.
Looking at my net worth’s development, they’d assume I start this article sharing my crypto portfolio or the compounding benefits of my ETFs.
But the best investment returns aren’t monetary, and I won’t bore you with asset classes. Instead, I’ll show you how the right investments can increase your long-term health, happiness, and well-being.
1) $1500 for Fixing My Eating Habits
It doesn’t matter what you eat but why you eat.
No fitness-tracker, diet, or sports-program will save you if you have underlying beliefs that destroy your plans.
I fought with my body weight since 2011. In 2013, I used will-power to reach my dream weight, and yet, I knew I would eventually fall back to old patterns. I felt my body was working against me, and I wasted hours a day worrying. …
Even on the cloudiest days, the sun will keep on shining.
Can you remember the summer sun’s warmth on your skin while you're walking through a winter storm?
I barely can. Every January, I worry, winter will never end. When the sky is nothing but grey for days, I fear the sun is gone for good.
We only sense the present. Even if our rational minds know seasons will ultimately change, my dry nostrils, cold hands, and pale skin suggest otherwise.
When I drove to the airport, a blanket of clouds had been covering Vienna’s sky for weeks. I wrapped my arms around me. Another winter that will never end.
The engine roars, a gentle push. You’re off in the clouds. Through the window, you see nothing but thick, white fog. …
‘A Promised Land’ reveals surprising leadership lessons.
I was caught off-guard when a podcast host recently asked me in an interview: What makes a leader truly inspirational?
I mumbled something about connection, people, purpose, and vision. But I didn’t like my answer.
The traits that turn people into inspirational leaders aren’t easily obvious.
The question kept buzzing in my head. It wasn’t until I read Barak Obama’s ‘A Promised Land’ that I found satisfying answers. Here are the seven principles that make a leader truly inspirational.
1. Read Opposing Books to Develop a Worldview
When Barack was young, his mum always told him to “get a book, then come back and tell me something you learned.” …
I’ve fasted twice a year for 3 years and find it essential to my well-being. Here’s how to do it yourself, day by day.
As a teenager, I thought my parents were crazy. Twice a year, they would avoid solid foods for two weeks. They survived on tea and vegetable broth.
And the weirdest thing — my parents enjoyed it.
As I grew older, judgment evolved into curiosity: why would somebody voluntarily skip food?
Fasting therapy has a long tradition in Europe. In 1917, a German doctor suffered from rheumatism. As a self-experiment, Dr. Buchinger fasted for three weeks. He cured his disease and devoted his career to fasting as a therapy.
But in May 2017, I hadn’t read a single guide on Buchinger fasting yet. I only knew what I saw from my parents. You take laxatives when you start and then consume liquids: vegetable broth, diluted fruit juice, plenty of unsweetened tea, and water. …
Time with Naval, automation, books, net worth tracking, and so much more.
Do you ever find yourself dragging your money tasks from month to month without tackling them?
By postponing your investments from month to month, year to year, you’re missing the most important principle for accumulating wealth.
Just like successful investor Naval Ravikant said:
“All the real benefits in life come from compound interest.”
If you don’t know how to tackle your financials, it’s likely because you’ve ignored some of the fundamentals.
Here are seven priceless yet invaluable gifts to give yourself that will improve the way you manage your money.
1) The Best Way to Learn from Successful Investors
You make all financial decisions in life. So, the best way to make better investment decisions is by knowing how the most successful investors play the money game. …
The four principles of ultralearning.
In 2014, Scott H. Young embarked on a controversial project.
He completed the MIT undergraduate computer science curriculum at 4x speed. Instead of the typical four years, he passed all final exams in less than 12 months.
Some people praise his results as the ultralearning experience.
Others are more skeptical as Scott transformed his MIT challenge into lucrative blogs and books. Here’s a question some people ask:
Is Scott a sneaky marketer or one of the most efficient life-long learners?
And while I’ll share my opinion at the end of this article, the answer doesn’t really matter. …
Forgetting most of what we read isn’t a character flaw. It’s the way we work with books that’s flawed.
At age 18, I felt most school lessons were time-wasters. To save future pupil generations from what I had suffered through, I decided to change the education system. And if that wasn’t naïve enough, I assumed studying business education would get me there.
Where, if not in an education program at university, should you learn how to learn?
I was wrong. There were no classes on learning or cognitive science. Being assigned dry, academic, self-promoted professor books, I hadn’t figured how the right books could teach you anything. Instead, I asked the best-performing fellow students about their learning techniques and copied their bulk-learning and memorizing. But after graduation, I felt dumb. …
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