Focus Tag Archive

Business and Life are full of temptations

(Excerpt from Invested by Charles Schwab) The world of business, like the rest of life, is full of wonderful temptations, and making a choice about where you are going to devote your energy is often as much about...

Business, Focus, Life, Via Negativa Read More

Which business idea should you pursue – is it a star venture.

(Excerpt from The Star Principle by Richard Koch) you can forget about more than 95 per cent of the ideas you may have. For every 20 ideas you have, you can junk 19 of them, confidently and securely, without doing any...

Focus, Strategy, Via Negativa Read More

Say no to money that’s outside of your business focus

(Extracted from Built to Sell by John Warrillow) Stopping yourself from accepting projects outside of your scalable product or service is the toughest part of creating a business that can thrive without you. You will...

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Be selective about what you work on. Think hard before you work hard.

(Excerpt from Zero to One by Peter Thiel) The power law is not just important to investors; rather, it’s important to everybody because everybody is an investor. An entrepreneur makes a major investment just by...

Focus, Life, Nonlinearity, Tech Read More

Be a monopoly of one

(Extracted from Zero to One by Peter Thiel) You can expect the future to take a definite form or you can treat it as hazily uncertain. If you treat the future as something definite, it makes sense to understand it in...

Focus, Life Read More

Commitment is choice of focus

(Extracted from The Subtle Art of Not Giving a F*ck by Mark Manson) But while investing deeply in one person, one place, one job, one activity might deny us the breadth of experience we’d like, pursuing a breadth...

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Ed Thorp on Kelly Criterion

(Excerpt from A Man for All Markets by Ed Thorp) Kelly’s criterion is not limited to two-value payoffs but applies generally to any gambling or investing situation in which the probabilities are known or can be...

Investing, Kelly Criterion, Nonlinearity Read More

Why it is so hard to choose

(Excerpt from Barking Up the Wrong Tree by Eric Barker) We love having choices. We hate making choices. Having choices means having possibilities. Making choices means losing possibilities. And having so many choices...

Focus, Via Negativa Read More

Practise and master one kick

“I fear not the man who has practiced 10,000 kicks once, but I fear the man who has practiced one kick 10,000 times.” Bruce Lee...

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Investing up to 40% in one stock

“We diversify substantially less than most investment operations. We might invest up to 40% of our net worth in a single security under conditions coupling an extremely high probability that our facts and reasoning...

Focus, Investing Read More