Join 📚 Calepes’ Highlights
A batch of the best highlights from what Carlos ☕️'s read, .
“that makes us human…our ability and desire to adapt, to explore, and to generate new ideas.” Part of the reason that novelty attracts us is that we get a hit of feel-good dopamine when we are confronted with something new (and non-threatening). Thus, in terms of our evolutionary history, our tendency to explore and learn was rewarded with a boost of pleasure, which then led to more exploration.
Elastic: Flexible Thinking in a Constantly Changing World
fs.blog
Wealth is assets that earn while you sleep
What’s the difference between wealth, money and status?
Wealth is the thing you want. Wealth is assets that earn while you sleep; it’s the factory of robots cranking out things. Wealth is the computer program running at night that’s serving other customers. Wealth is money in the bank that is reinvested into other assets and businesses.
A house can be a form of wealth, because you can rent it out; although that’s a less productive use of land than running a commercial enterprise.
My definition of wealth is oriented toward businesses and assets that can earn while you sleep.
How to Get Rich: Every Episode
nav.al
I believe one of the most valuable things you can do to improve your decision making is to think through your principles for making decisions, write them out in both words and computer algorithms, back-test them if possible, and use them on a real-time basis to run in parallel with your brain’s decision making.
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