A Gift to my Children
Jim Rogers
Summary
Life advice from one of the world's great investors
Rating: 4/5
Notes
Do not let others do your thinking for you
If the majority laugh at your idea, view it as a potential sign of success
Be who you are - be original
When you find something that interests you, don’t let your age hold you back
Be a self-starter
Attention to details is what separates success and failure
Look through all financial statements, even the detailed notes
Live your life with a dream
Most perceived wisdom is a misconception
The media propagates conventional wisdom
‘Common sense is not so common’ - Voltaire
Do not rely on books, go see the world
India’s trouble is bureaucracy and infrastructure
Keep an open mind and be a world citizen
If any country enters war, move away from it
Philosophy will teach you how to think for yourself
You need a macroscopic view of the world
War/revolution in one part of the world will drive up commodity prices
Nothing is really new
Mandarin will be the next global language
Once Chinese market crashes, buy shares - China= commodities
People are easily carried away by mob psychology
Don’t panic - learn psychology
Everything changes everything
Change can be a catalyst
Pay attention to what everyone neglects
The arrogant are blind to the truth
Do your homework and never neglect it
Be extremely careful before marrying
Prove yourself by your actions rather than talk about money
***
Buy the book here
Free E-book download here
Make Something Wonderful
Steve Jobs
Summary
The life of Steve Jobs in his own words
Rating: 5/5
Notes
Make something wonderful and put it out there
‘You appear, have a chance to blaze in the sky, then you disappear’
When you’re a stranger in a place, you notice thing you don’t otherwise (Jobs after India trip)
Whenever you start with nothing, always shoot for the moon. You have nothing to lose.
You never achieve what you want without falling on your face a few times
Never be afraid to fail. You never achieve what you want without falling flat on your face a few times
We are never taught to listen to our intuitions, to develop and nurture them. But if you do pay attention to these subtle insights, you can make them come true
Creativity equals connecting previously unrelated experiences and insights others don’t see
Believe that some of what you follow with your heart will come back and make your life richer. And it will. And you will gain even firmer trust on your instincts and intuitions
Make your avocation your vocation. Make what you love your work.
The journey is the reward. The reward isn’t in the pot of gold at the end of the rainbow, it’s in crossing the rainbow
To find A+ talent, if experienced, look at their track record and results
The world we know is a human creation and we can push it forward
The people who are crazy enough to think they can change the world are the ones who do (read whole ad ‘here’s to the crazy ones)
We are what we repeatedly do. Excellence then is not an act but a habit - Aristotle
Hire people better than you are
You can’t plan to meet the people who will change your life
It’s impossible to connect the dots looking forward, but they make sense looking backwards so you have to trust the dots will somehow connect in your future
Everything around you that you call life was made up by people no smarter than you
***
Buy the book here
Free E-book download here
