Sunday Brain Food is a weekly newsletter full of timeless ideas and insights.

FS

Read

"Good thinkers understand a simple truth: you can’t make good decisions without good thinking and good thinking requires time. If you want to think better, schedule time to think and hone your understanding of the problem."

— Thinking Even Better

Listen

"Your skill in decision-making is directly proportional to your quality of information acquisition. So, how good are you at making decisions? How good are you at acquiring information?"

— Shopify CEO Tobi Lütke (FS | Apple | Spotify | Transcript )

Watch

"If we don’t factor survivorship bias into our thinking, we end up in a classic map is not the territory problem. The survivor stories become a poor navigational tool for the terrain."

— What Sharks Can Teach Us about Survivorship Bias

Timeless Insight

“Things falling apart is a kind of testing and also a kind of healing. We think that the point is to pass the test or to overcome the problem, but the truth is that things don’t really get solved. They come together and they fall apart. Then they come together again and fall apart again. It’s just like that. The healing comes from letting there be room for all of this to happen: room for grief, for relief, for misery, for joy. When we think that something is going to bring us pleasure, we don’t know what’s really going to happen. When we think something is going to give us misery, we don’t know. Letting there be room for not knowing is the most important thing of all."

— Pema Chodron, When Things Fall Apart

The Royce Funds. Small-cap specialist

Stay safe,

Shane

P.S. I'm not normally a ping pong fan but this was insane.