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Showing posts from July, 2021
 Yes, But I have something he will never have ...Enough" pg. 39 Psychology of Money Moran Housel "At a party given by billionaire, Kurt Vonnegut informs his pal, Joseph Heller that their host, a hedge fund manager, earned more money in a single day, than Heller earned from his wildly popular novvel 'Catch-22' over its whole history. Heller responded "Yes , But I have something he will neve have ...Enough" Say you are going to a 5-star hotel - it serves an extravagant buffet- 100s of dishes- you are hungry - you eat and eat - at some point the appetite comes down - mind gives up. you cannot eat more - is it not?  because , body has a control system - closed loop - that signals that it has had enough ; I wish we have such a closed loop mechanism when it to dealing with money, fame , position and material pleasures! In the book, Your Money or Your Life, author Vicki Robin helps us to identify the point of enough , when it comes to Money.  the concept is called

It Takes time!

I have been having miscued sense of progress and achievement so much that i feel that i have arrived only when i got the results - be it position, best-seller, BMI of 25! I am focused on outcomes ; outcomes and outcomes and  i often fail to see the process;  In calculus , I was taught the standard function y= f(x) Y is the outcome;Effect;  amateurs focus on this , too much;  X : is the drivers : Cause(s);  Great performers identify and focus on Drivers; Now there is another parameter : dx/dt : ie., progress with time on the drivers; rate of change; Genius performers focus on it;  Take example of body weight loss :  weight loss = function (diet, exercise) ; Low-carb diet => Calorie intake low ; Exercise means Calorie output high! and naturally weight loss occurs! the weight loss score will take care of itself! But what do amateurs do ? a little exercise and little dieting and they keep checking weight :  they purse out the lips and claim nothing changes On the other hand , Great perf