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I think everyone who gets rich by their own efforts will be found to be in a situation with measurement and leverage. Everyone I can think of does: CEOs, movie stars, hedge fund managers, professional athletes. A good hint to the presence of leverage is the possibility of failure. Upside must be balanced by downside, so if there is big potential for gain there must also be a terrifying possibility of loss. CEOs, stars, fund managers, and athletes all live with the sword hanging over their heads; the moment they start to suck, they’re out. If you’re in a job that feels safe, you are not going to get rich, because if there is no danger there is almost certainly no leverage.

Hackers & Painters - Big Ideas From the Computer Age

Paul Graham

How to Debug Your Own Brain Summary: The business side of things is relatively fluid. It doesn't take a whole lot of mental effort or energy to keep those things in mind right now. You are the instrument that you use to get things done in the world. There's still a tremendous amount of effort and skill that's valuable in that domaind. Transcript: Speaker 1 Like when you're trying to get yourself to do something you know you should b be doing, but somehow there's some sort of barrier that's keeping you from doing that. I think at this point i've, i've worked in enough businesses and started enough of my own businesses, the business side of things is relatively fluid. It doesn take a whole lot of mental effort or energy to keep those things in mind right now. But you are the instrument that you use to get things done in the world. And so the the debugging your own mind and help and trying to anticipate how others are thinking and feeling and trying to optimize around that, there's still a tremendous amount of Effort and skill that's valuable in that domaind and i find myself thinking about tho sorts of things quite often.

#106 Josh Kaufman — Maximizing Our Locus of Control

The Knowledge Project with Shane Parrish

That’s called consequentialism, by the way, it means that whether an act is right or wrong isn’t determined by whether it looks bad, or mean, or anything like that, the only question is how it will turn out in the end—what are the consequences.

Harry Potter and the Methods of Rationality

Eliezer Yudkowsky

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