No. 547 — Oct 22nd, 2023 — Read on FS — Free Version

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Three Filters Needed to Think Through Problems

No single filter is sufficient for reaching a reliable decision, so invidious comparisons between the three are not called for. The well-educated person uses all of them.

— Source

Insight(s)

1.

Warren Buffett on identifying what matters:

"Write your obituary and try to figure out how to live up to it."

2.

Charlie Munger on achieving success:

"It's so simple: you spend less than you earn. Invest shrewdly. Avoid toxic people and toxic activities. Try to keep learning all your life. And do a lot of deferred gratification. If you do all those things, you are almost certain to succeed. And if you don't, you'll need a lot of luck. And you don't want to need a lot of luck. You want to go into a game where you're very likely to win without having any unusual luck."

3.

Richard Saul Wurman on the risk of failure:

"When I was a child, I once saw someone in a wheelchair. My mother told me that the person in the wheelchair had been in an accident and would recover, but would need to learn to walk again. That was a revelation to me because it seemed that once we’d learned to walk, we’d always know how to walk. The notion of learning to walk has lingered in my mind, and I’ve contemplated the process of teaching someone to walk again. I realized that this process has a lot to do with thrusting a leg out into the terror of losing your balance, then regaining your equilibrium, moving forward, and then repeating with your other leg. Failure as loss of balance, the success of equilibrium, and you move forward. Terror of falling, confidence, regaining your balance — it’s a fascinating metaphor for life. Risk is half of the process of moving forward. The risk of failing is inherent in achieving a goal."

Tiny Thoughts

1.

Being single is better than being in a toxic relationship. Being in a great relationship is better than being single.

The right partner puts everything else in easy mode.

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2.

If you want to understand someone doing something that doesn’t make sense to you, ask yourself what the world would have to look like for those actions to make sense. Change your perspective to change what you see.

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Learn the questions and tactics to get the best from yourself and others so you can work less hard and have more impact in your work and relationships.

Thanks for reading,

— Shane

P.S. The unexpected sound of a desert rain frog.

P.P.S. If you’ve been thinking about grabbing a copy of Clear Thinking, now is a great time to do it. The hardcover at Amazon is currently at its lowest price in the US. Canada is 30% off. And the U.K. is 24% off. Click here for other countries.