Essays on the nature of money and investing.
Collected writings.
Money.
What it’s like to work for billionaire families. — JAB and the Family Office Conundrum
No matter your net worth, unless you explore your feelings and beliefs around money, they will unconsciously steer your life. — Lessons from the Ultra-Wealthy
We think we work hard and save money for ourselves. But our most gratifying investments are in people. — How Eighty-One Dollars Made Lyndon Johnson
Money can trigger feelings of guilt and an unconscious effort to lose it again. — Al Pacino and the Weight of Wealth
Careful what life experiments you run. — Don't be the Bryan Johnson of money
When money comes easily, potential mistakes seem inconsequential. Even the father of value investing confused his wants and his needs. — Ben Graham's Duplex
Life with money is like a continuous test. It asks what kind of world we want to live in and what we are willing to sacrifice. — Money is a Test (What Money Means)
Depending on the money reality we live in — lack, affluence, abundance — money challenges us in different ways. — What Money Asks Of Us (The Three Money Realities)
The real money work is inner work. — Why Fortunes Are Lost (Why Money Work is Inner Work)
Investing.
Good investing is mostly ‘boring’ working with brief moments of excitement. You can learn from any great investor, but often not what you expect. — 11 Things I Learned About Investing
When I got divorced, I was in a bad state of denial. I pretended it didn’t hurt. … I pulled back into a shell. Unable to find a happy path myself, I had a hard time watching others succeed. Their achievements seemed like an indictment of my own failures. — Divorce, Denial, Dissonance Reduction
“The speculator's chief enemies are always boring from within.” — Mistakes Were Made (I did a dumb thing)
Investing and creative work require mastering the ‘funnel problem’, the process leading from ideas to action, from input to output. — Filtering The Idea Funnel
We learn by studying history and our own mistakes and actions. But if we hold on to our memories too tightly, we close ourselves off from the present. — The Market Has No Memory. Should We?
What is a shared trait among successful investors? They think deeply about the game they play and where to look for opportunities. — What creates opportunities in markets
Professional investing is not a game for the lazy, but it is for those who manage their energy and attention best. — Between Rest and Overdrive: Are Great Investors Lazy?
Highly concentrated bets rest on invisible layers of conviction. — Soros’s Layers of Conviction
