Articles - Page 2 of 152

Books, Decision Making, Freedom, Investing, Personal Finance

5 Investment Lessons From the Best Investing Books

October 14, 2024 No Comments

In 1971, Charlie Munger and Warren Buffett invested heavily in a trading stamp company called Blue Chip Stamps.¹ This is one of Buffett’s and Munger’s early trades, which is documented in some of the best investing books.

At the time, many would have considered putting so much capital into a single business risky. But Munger and Buffett believed that the company’s capital resources were a better trade-off.

Their investments paid off when Blue Chip Stamps became a key part of Berkshire Hathaway’s portfolio. And they used the company’s capital to fund their other investments like See’s Candies, Wesco Financial, The Buffalo Evening News, and Precision Steel.

This experience shaped Munger’s belief that diversification isn’t always necessary. As he famously said:

Decision Making, Freedom, Happiness, Inspiration, Life Lessons, Personal Finance, Thinking

Don’t Give In To That First Desire

October 7, 2024 No Comments

Benjamin Franklin, one of the founding fathers of the United States, once said something that helps with managing our first impulsive desire:

”‘Tis easier to suppress the first desire than to satisfy all that follow it.”

This is a timeless truth about human nature and how we’re constantly pursuing our first desire.

Let’s say you’re scrolling through your social media feed and stumble across an ad for a shiny new gadget for your kitchen.

Business, Career Advice, Creativity, Freedom, Marketing, Writing

5 Mindset Shifts That Help You to Monetize Your Writing

September 30, 2024 No Comments

A Google search that contains the words “make money” and “writing” in a single sentence will quickly show you articles along the lines of “X Proven Ways” to monetize your writing.

Their advice is usually the same: Start blogging, get freelance writing clients, and use ChatGPT to write articles while you make money in your sleep. We get it. And none of that stuff works.

Look, many people who try to monetize their writing struggle.

This applies not just to “professional writers,” but to everyone who uses the written word to make a living: Marketers who write effective pitch emails to score a sale or VIP interview, designers who need to communicate their ideas effectively, entrepreneurs who are trying to make better sense of their business model.

Creativity, Freedom, Inspiration, Life Lessons, Mindfulness, Self-Knowledge, Writing