Charlie Munger, the billionaire partner to Warren Buffett at Berkshire Hathaway, describes his friend’s day as 80 percent reading—often five hundred pages. Before he invests his client’s money in a company, Buffett puts the odds in his favor by reading everything he possibly can about the company itself and the broader industry. He is not always right, but he is always informed. We might imagine him flying around on private jets, wheeling and dealing, when in fact he is more likely sitting at his desk, reading everything from the great books to technical analysis.
Mr. Buffett’s reading habit provides a powerful lesson for all of us. But most Americans read almost nothing. A friend who teaches at a large public university thinks less than half of his incoming freshmen have ever read a single book in full.
Jeff Deist President of the Mises Institute. Five Keys to Professional and Personal Development accessed online 9/22/22 — https://mises.org/wire/five-keys-professional-and-personal-development
Some good advice, no matter what stage in life you find yourself. This talk was delivered on September 2, 2022, to a student workshop at the Ron Paul Institute conference in northern Virginia.
- Learn Continuously
- Avoid Arguments
- Promote People, Not Just Ideas
Source: EM Mindset: Longevity – emdocs
Take a look at this article. Understand this is personal advice on how to have longevity and passion in the world of emergency medicine. But when you get down to the author’s top three insights, do this:
Forget the article is about emergency medicine physicians and substitute your own profession instead.
Nearly half of Americans would have trouble finding $400 to pay for an emergency. I’m one of them.
Source: Many Middle-Class Americans Are Living Paycheck to Paycheck – The Atlantic
Neal Gabler is a visiting professor in the MFA Creative Writing and Literature Program at the State University of New York, Stony Brook. He is the author of a forthcoming biography of Edward Kennedy and five other books.
Ever since my undergraduate days I’ve dreamed of being a writer. Not only do I love to write but I have to write. I write almost every day. I just don’t get paid to write. Having just read Neal Gabler’s article I feel the decision to pursue a different line of work and become a non-writer was a good decision. I just never thought that 40 years later I would be doing what I did for a living as a 22 year old kid fresh out of college.
“Fully 56% of millennials (compared with 43% of adults overall) with current or past student loans have delayed at least one major life event because of student loan debt, according to a survey of 1,000 adults released Wednesday by Bankrate.com. And a survey of 1,000 current and former students released last year by Citizens Bank came to similar conclusions: Roughly 90% of people ages 18 to 40 (most of this age group is made up of millennials) with student loans say that paying these loans has impacted their day-to-day life, including the achievement of some major life milestones.”
via This is why millennials will never grow up – MarketWatch.
Hint: student loan debt.
Writing Wednesdays: “I’m On A Mission”.
“The mission devours you, but it feeds you too. It endows you with focus. It lends your actions meaning. You define it and it defines you.
If you’re reading this blog, my guess is that you’re on a mission too. Don’t tell me. I don’t need to know what it is. I respect you just for having it. I salute you. If we pass in the street, I will see that mission in your eyes and I’ll silently honor it and honor you.
You had no choice in your mission, did you? You didn’t pick it. It picked you, just like it picked Jake and Elwood Blues.
That’s not bad company to be in.”
Have LinkedIn and Medium Killed the Old-Fashioned Blog? – HBR.
Publishing exclusively on LinkedIn or Medium is indeed the right choice for some people, particular if you are a new or intermittent writer. If you’ve already invested time in building a LinkedIn network, you’re going to find an audience a lot more quickly than if you start a site from scratch. And unlike an independent blog, there’s no need to commit to a regular posting frequency on LinkedIn: you can write a post whenever you have something to share or say, and even if that’s only a few times a year, you’re extending your professional credibility and voice in a context where it can be discovered. It’s also a great way to try out posting without investing in setup or making a long-term commitment: you can write a few posts, develop your own voice, and then decide if you want to commit to running your own site.
You are a former child star who uses radical clarity to create rocket science of collaborating in post-zombie invasion societies
via Generate your own bogus job description – Vox.
Physician Locum Tenens Rates Near Double Digits.
About 44,000 physicians nationwide practice as locum tenens, up from 26,000 12 years ago.
I know this post has nothing to do with underwriting but I had to reprint the following email from my local wine shop. Enjoy!
If you are a guy, you are about to confront one of the most treacherous times of the year: The Valentine Weekend, also known as the Realm of Unknown Expectations.
Each year at this time many of you guys make serious mistakes, some so serious as to cause Temporary Unexpected Relationship Disabilities such as the Deafening Silence. Don’t let this happen to you this year. Here are a few guidelines to help you avoid these sad consequences. Do NOT under any circumstances do any of the following:
1) Your sweetie has been wanting to get in shape for her upcoming most dreaded time of the year, swimsuit season. To be supportive, your idea is to give her the latest workout video wrapped up in the 2015 Sports Illustrated Swimsuit issue for motivation.
2) Your honey works hard. You want to make her life easier and also show her that you care. Your idea is to give her an iRobot Roomba with a big pink bow.
3) Your sugarbear has said she is concerned about the extra weight she gained over the Holidays, so you think it would be a thoughtful idea to buy her a brand new Digital Scale.
Guys, do you remember the scene in the film Aliens (the first one) when Sigourney Weaver has initiated the self-destruct sequence? Do you remember the crazy sound of the alarm horns going off to warn her of imminent demise? Those are the same sounds that you should be hearing if you are seriously considering ANY of the above gifts.
This is deceptively simple, really. Take the time to buy her a thoughtful card, one that doesn’t refer to body parts or processes. If she loves chocolate, stop by Gourmet Gallery and buy some of their amazingly good truffles.
Then come to Edmond Wine Shop, and we will help you pick out the perfect wine, spirit or beer to make Valentine’s Day memorable for you both. Memorable in a good way, that is.
You must be logged in to post a comment.