Morgan's Notebook: If You Get the Chance
A few quotes, ideas, and links I don't want to forget.
Ideas From Me
People have vastly different desires, except for three things: Respect, feeling useful, and control over their time. Those are nearly universal.
A comforting delusion is thinking that other people’s bad circumstances couldn’t also happen to you.
Something can be factually true but contextually nonsense. Bad ideas often have at least some seed of truth that gives their followers confidence.
Editor's note: Morgan’s new book, The Art of Spending Money, is out now. Grab a copy and listen to his conversations on Mel Robbins and Diary of a CEO.Ideas From Others
“Wanting more information is often just a form of procrastination.”
—Russ Roberts
“The greater the ignorance, the greater the dogmatism."
—William Osler
“Understanding requires mastery of four ways of looking at things – as they were, as they are, as they might become, and as they ought to be.”
—Dee Hock
What We Wrote
If You Get the Chance by Ted Lamade
The fact is, someone is almost always watching, so it’s worth treating everything you do with purpose and pride. And, even if no one has their eyes on you, it is still a chance to “practice your craft.” To improve. To build strong habits.
Where We’re Most Excited to Invest Right Now by Sophie Bakalar
The dopamine effect from scrolling through endless tailored feeds is hard to compete against, so not much else survives. We’ve optimized for engagement at the expense of joy. How can we harness the stickiness of online behavior but channel it toward more positive, creative, and genuinely entertaining experiences?
Back to School by Ted Lamade
Listening and agreeing are vastly different things. In my experience, the best investors listen to everyone, but for a different reason than you might expect — they listen in order to determine what the current consensus is. Once they do, they often start leaning the other way…i.e., they don’t agree..
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Control over time is real freedom and wealth
Got your new book today. Very excited 😊 Thank you 🙏🏻