📚 Fabien's Highlights

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A batch of the best highlights from what Fabien's read, .

Man’s most distinctive quality is our singular ability to look down on reality from a higher perspective and synthesize an understanding of it.

Principles

Ray Dalio

It’s ownership versus wage work. If you are paid for renting out your time, even lawyers and doctors, you can make some money, but you’re not going to make the money that gives you financial freedom. You’re not going to have passive income where a business is earning for you while you are on vacation. [10]

The Almanack of Naval Ravikant

Eric Jorgenson, Jack Butcher, and Tim Ferriss

For me, not telling people what’s really going on so as to protect them from the worries of life is like letting your kids grow into adulthood believing in the Tooth Fairy or Santa Claus. While concealing the truth might make people happier in the short run, it won’t make them smarter or more trusting in the long run. It’s a real asset that people know they can trust what we say. For that reason I believe that it’s almost always better to shoot straight, even when you don’t have all the answers or when there’s bad news to convey.

Principles

Ray Dalio

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A batch of the best highlights from what Fabien's read, .

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