31. C Credit isn't necessarily bad; it's bad when it finances overconsumption, but it's good when it effic... Credit isn't necessarily bad; it's bad when it finances overconsumption, but it's good when it efficiently allocates resources and produces income so you can pay back t 09/28 22:16 ♡
32. P Productivity matters most in the long run, but credit matters most in the short run. This is because... Productivity matters most in the long run, but credit matters most in the short run. This is because productivity growth doesn't fluctuate much, but debt does—allowing us to co 09/28 22:16 ♡
33. They can take in the perspectives of others instead of being trapped in their own heads with their o... They can take in the perspectives of others instead of being trapped in their own heads with their own biases. They are able to look objectively at what they are like--their streng 09/28 08:08 ♡
34. Many of you have reached out saying giving critical feedback is one of your biggest challenges. Here... Many of you have reached out saying giving critical feedback is one of your biggest challenges. Here are a few core principles that helped me navigate it throughout my career. #pri 09/26 23:00 ♡
35. Everyone fails. Anyone you see succeeding is only succeeding at the things you're paying attention ... Everyone fails. Anyone you see succeeding is only succeeding at the things you're paying attention to--I guarantee they are also failing at lots of other things. The people I r 09/26 04:00 ♡
36. T The most common mistake smart investors make is not having a clear game plan. To build a solid stra... The most common mistake smart investors make is not having a clear game plan. To build a solid strategy, write down your criteria for making a decision, then stress-test it against 09/25 23:54 ♡
37. One of the hardest things for people to do is to objectively look down on themselves within their ci... One of the hardest things for people to do is to objectively look down on themselves within their circumstances (i.e., their machine) so that they can act as the machine's desi 09/25 03:16 ♡
38. If you don't mind being wrong on the way to being right you'll learn a lot--and increase your effect... If you don't mind being wrong on the way to being right you'll learn a lot--and increase your effectiveness. But if you can't tolerate being wrong, you won't grow, 09/24 05:33 ♡
39. This evaluation and improvement process exactly mirrors the evolutionary process I described earlier... This evaluation and improvement process exactly mirrors the evolutionary process I described earlier. It means looking at how to improve or change the design or people to achieve y 09/23 05:00 ♡
40. E Everything has happened before. Everything is repeated. But the mistake that had the biggest effect... Everything has happened before. Everything is repeated. But the mistake that had the biggest effect on me was in 1982. I had calculated that American banks had lent a lot of money 09/22 23:41 ♡
