Jeff Ventura - surprisingly has never been called 'Ace' before.
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Tyler Cowen's Advice for Children 2010-2020

Good guidelines for these times:

My first-order response is that my most important advice comes by example and I have little idea what kind of message is actually being received.  Keep in mind that children often respond to your strengths with niche-finding strategies, and thus deviation, rather than copying strategies.

Otherwise, a long time ago I told Yana to take calculus and statistics; even if she hates them she'll know what side of that divide she stands on.  I am encouraging of learning languages, driving modest Japanese cars, and ordering the most unappealing-sounding dish on the menu of a good restaurant.  On investing it's buy and hold all the way.  Use TimeOut guides when you travel and when you are eating in third world countries avoid walls.  I'm not a big fan of debt; debt is worth it only if you're earnings-obsessed and I don't recommend that for most people.  Don't expect to be too happy, that is counterproductive.  I've mentioned that future job descriptions may be quite fluid and unpredictable from today's vantage point.  Being "good with people," combined with smarts and a focus on execution, will never wear out.  The reality is that I hardly have any useful advice.

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Filed under  //   economics   leadership   society   wisdom  

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Up to Nothing: Shedding Your Mind's Daily 'Somethings' to Find What You Don't Know You're Looking For

Moments of nothing are not moments of creativity or consideration. (They might be.) These moments don’t last long because your brain can’t sit still; it’s been trained to burn calories all the time. (The longer is sits still, the better.)

Your brain instinctively and naturally attempts to build something given whatever world it’s currently in. In a bookstore, with effort, I can shed the somethings of my everyday and find the nothing that I don’t know I’m looking for. (And that rules.)

One of Rands's best in quite some time. I relate to this more than I care to admit.

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Filed under  //   health   humans   productivity   psychology   wisdom  

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'Reality Is a Terrible Collaborator'

Plus, it’s easier to be a cheerleader than a doomsayer — especially when you have a vested interest in the outcome. That’s how people wind up in an overly optimistic fantasy world. No one ever submits a business plan to an investor that says, “This probably isn’t going to work.

Another way of saying balance and pragmatism are incredibly hard to achieve. Emotional and perceptive bias are always trying to force reality into a box of their own making, and it rarely works. It's a very dangerous approach to running any endeavor.

Optimism is an incredibly powerful tool until it crosses the subtle line into over-optimism. Then you're at the foothills of delusion.

It'd be useful if we all had a cognitive dissonance warning light atop our skulls. Alas, we don't and we often suffer for it.

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QUOTE: Regarding the Propensity to Solve a Given Problem

Nothing gets you more focused on solving a problem than actually having that problem.

Jason Fried crystallizes one of life's tougher lessons.

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If only more people understood this

Life in a big or small company is an information game where you are judged by the amount and accuracy of your information.

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Insular Tahiti

"For as this appalling ocean surrounds the verdant land, so in the soul of man there lies one insular Tahiti, full of peace and joy, but encompassed by all of the horrors of the half-lived life."

HERMAN MELVILLE (1819-1891)

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What I've Learned: Michael J. Fox

Rarely does a single webpage contain so many life lessons so full of candor and bravery. Selected excerpts:

If I let it affect everything, it’s gonna own everything. I don’t deny it or pretend it’s not there, but if I don’t allow it to be bigger than it is, then I can do everything else. My happiness grows in direct proportion to my acceptance, and in inverse proportion to my expectations. Acceptance is the key to everything. If you don’t have someone calling you on your shit, you’re lost. Discipline is just doing the same thing the right way whether anyone’s watching or not. No matter how much fame you have, it’s not something that belongs to you. If I’m famous, that doesn’t belong to me -- that belongs to you. If you can’t remember who I am, I’m no longer famous. Whatever terrible thing is going on, it’s going on until you find out that it’s not. So get to that part as quickly as possible.
It's impossible not to admire such perspective. [Via kottke]

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Move along.

“Finish each day and be done with it. You have done what you could; some blunders and absurdities have crept in; forget them as soon as you can. Tomorrow is a new day; you shall begin it serenely and with too high a spirit to be encumbered with your old nonsense.” -- Ralph Waldo Emerson

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The price of success.

“I know the price of success -- dedication, hard work and an unremitting devotion to the things you want to see happen.” -- Frank Lloyd Wright [Via Leo]

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Success.

“Success breeds success because everybody wants to aid the successful, thereby fulfilling a law of nature.” -- William Feather

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