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ray dalio – “the changing world order, chapter 2″

Ray Dalio is widely considered one of the greatest living investors. He is the founder of Bridgewater Associates, as well as a master educator through How the Economic Machine Works and his latest book Principles For Navigating Big Debt Crises. What follows are my...

ray dalio – “the changing world order, chapter 1”

Ray Dalio is widely considered one of the greatest living investors. He is the founder of Bridgewater Associates, as well as a master educator through How the Economic Machine Works and his latest book Principles For Navigating Big Debt Crises. What...

fate of empires – john glubb

Sir John Glubb (1897-1986) was a British soldier and scholar. He served in World War I and later commanded Jordan’s military from 1938-1956. In his essay, The Fate of Empires and Search for Survival, he surveys 3,000 years of history and provides his observations on...

ray dalio’s “paradigm shifts”

Ray Dalio is widely considered one of the greatest living investors. He is the founder of Bridgewater Associates, as well as a master educator through How the Economic Machine Works and his latest book Principles For Navigating Big Debt Crises. What follows are my...

money, sound and unsound – joseph t. salerno

Joseph Salerno (b. 1950) is an American economist of the Austrian School. In 2010, he wrote Money, Sound and Unsound, where he provides a wide-ranging application of Austrian monetary theory across history. What follows are my notes. chapter 1: two traditions in...

on the origins of money – carl menger

Carl Menger (1840 – 1921) was an economist and founder of the Austrian School of Economics. In 1892, he wrote On the Origins of Money, where he argued that money is not created or sanctified by the State, but instead money naturally emerges from the marketplace. What...

passing the pmp

After dodging the Project Management Professional (PMP) certification for 15 years, I finally hit a contract requiring it. Nearly everyone I know who is a PMP attended a week-long cram session for about $4000. Shortly after, they sat for and passed the exam. Clearly,...

walking over creative obstacles

Creative work is not a selfish act or a bid for attention on the part of the actor. It’s a gift to the world and every being in it. Don’t cheat us of your contribution. Give us what you’ve got. ~ Steven Pressfield, The War of Art: Break Through the...

bamboo metaphor for learning

I skim an article about Chinese bamboo. Apparently, once the seed has been sown, you see nothing for about five years, apart from a tiny shoot. All the growth takes place underground, where a complex root system reaching upward and outward is being established. Then,...

walking anger into the ground

An Eskimo custom offers an angry person release by walking the emotion out of his or her system in a straight line across the landscape; the point at which the anger is conquered is marked with a stick, bearing witness to the strength or length of the rage. ~ Lucy...

you’re the product

Back in 2006, I joined Facebook because MySpace sucked. The page was cleaner then. The goal was straight-forward. I could easily find old friends without paying a fee. This was still early days for internet businesses. We were surrounded by free services. Google =...

you know it when you see it

The truth is you know it when you see it. We shroud Truth in complexity. We like to give it shades and assign it attributes like “truthiness.” We argue over it. We declare it. We even claim exclusive knowledge of it. Sometimes, we even spell it with a capital “T.” But...

Truth is a process

It’s not static. We can’t hold it in our hands for very long. It feels great when we possess it, but it’s wild and free. The truth is that yesterday we all agreed to split the bill. Today, some of us want a discount. This could take a while for us to sort out. In the...

perfect as the enemy of the good

Don’t let the perfect become the enemy of the good. Often we give up on pursuing good things because they are not perfect solutions. The problem is, we have to start somewhere and sometimes taking the first step, however imperfect it may be, is the important...