Appreciation To Dependency

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  1. Appreciation: The first time you give something to someone
  2. Anticipation: The second time you give the same thing to someone
  3. Expectation: The third time you give something to someone
  4. Entitlement: The fourth time you give something to someone
  5. Dependency: The fifth time you give something to someone

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Marry the best who will have you and other wisdom from Munger and Buffett

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Random Learnings From The Books I Read In 2018

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I tend to read 10-12 books a year.  Last year, I completed reading eleven books and at the end of the year I realized that I do not remember much of what I had read. Following is an attempt to remember at least one thing from each book I read i.e. a random sentence or paragraph I underlined while reading the book:  1. The success equation - Michael J. Mauboussin  A common mistake is to use a process for making a decision that is appropriate for activities that are nearly all skill and then apply to activity that is mostly luck. 2. Design is storytelling - Ellen Lupton  Emotion is temporal. Waves of feeling drags us out of the present and into the past and future. Novelist F. Scott Fitzgerald wrote that trying to live in the present moment is a losing struggle. People, he said, are ceaselessly drawn to "the orgiastic future that year by year recedes before us." Mindfulness is a state of focused attention that requires people to resi...
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Munger and Buffett: Wise Words with Peanut Brittle

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