Minutes of a Monday #68

#minutesofamonday

Brain Food > Luck be your Lady

“Luck and risk are both the reality that every outcome in life is guided by forces other than individual effort. They are so similar that you can’t believe in one without equally respecting the other. They both happen because the world is too complex to allow 100% of your actions to dictate 100% of your outcomes.

They are driven by the same thing: You are one person in a game with seven billion other people and infinite moving parts. The accidental impact of actions outside of your control can be more consequential that the ones you consciously take.”

Morgan Housel in an extract from ‘The Psychology of Money’

Soul Food

“Success is a lousy teacher. It seduces smart people into thinking they can’t lose.”

Bill Gates

LOL

I dare you to try and not watch all nine minutes, fifty three seconds of this. I dare ya:

Appendix

"I see people rise in life who are not the smartest, sometimes not even the most diligent, but they are learning machines. They go to bed every night a little wiser than they were when they got up and boy does that help."

The late Charlie Munger

AOB

Hope there is something in there for you to take into your week & until next Monday mind yourself out there - Niall