Join 📚 Josh Beckman's Highlights
A batch of the best highlights from what Josh's read, .
Believe in truth. To abandon facts is to abandon freedom. If nothing is true, then no one can criticize power, because there is no basis upon which to do so. If nothing is true, then all is spectacle. The biggest wallet pays for the most blinding lights.
> I Think It Can Be Misunderstood and It Can Be Very Damaging When Taken to an Extreme
alansammarone
The people whose compensation depends on your opinion have ample time to remember and analyze your past words and decisions – more time than you, in fact, and a stronger incentive. And so their mental model of you is often much better than your own.
People Can Read Their Manager's Mind
yosefk.com
My early brush with a genuine bubble caused me to formulate some guiding principles that carried me through the next 50-odd years:
**It’s not what you buy, it’s what you pay that counts.**
**Good investing doesn’t come from buying good things, but from buying things well.**
**There’s no asset so good that it can’t become overpriced and thus dangerous, and there are few assets so bad that they can’t get cheap enough to be a bargain.**
On Bubble Watch
OaktreeCap
...catch up on these, and many more highlights
Readwise