Join 📚 Josh Beckman's Highlights
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To ensure your strategy is operating at the right altitude, ask if each of your guiding policies is applicable, enforced, and creates leverage:
Writing an Engineering Strategy.
lethain.com
It is also notable that the Feynman lectures (3 volumes) write about all of physics in 1800 pages, using only 2 levels of hierarchical headings: chapters and A-level heads in the text.
It also uses the methodology of *sentences* which then cumulate sequentially into *paragraphs*, rather than the grunts of bullet points. Undergraduate Caltech physics is very complicated material, but it didn't require an elaborate hierarchy to organize.
A useful decision rule in thinking and showing is "What would Feynman do?"
Book design: advice and examples
edwardtufte.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
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