Portfolio Luck.

The real skill in investing, which is not actually a skill is luck. Having the least amount of bad outcomes, plus a few superior good years, over a long enough period is how it works out. You can calculate a discounted cash flow analysis until you’re blue in the face. Doesn’t mean you’ll get what you wanted. But making less mistakes will surely work in your favor, if you exhibit enough patience and discipline. 

Cognitive Responsibility.

Be careful when delegating certain tasks. You want to create more productivity, without giving up agency, or cognitive ability. If you fail to maintain the latter, it won’t matter how beneficial the former becomes. 

Discounted Uncertainty.

I’ve learned that when it comes to discounted cash flows, a discount rate is more like a decision mechanism. It’s not a crystal ball. It’s not a prediction. It’s enough information to make a decision on whether or not you will buy a business at a given price. Yes this is simplified. However simplicity is the point. You still have to make assumptions, and have expectations for what you hope will happen after investing in a business. It’s just easy to get tied up in numbers, assuming they are absolute or certain in terms of outcomes. 

Day 1,068

When you overthink you give in to the temptation of fear. The fear is most likely psychological. You fixate on what seems bad or imperfect about your efforts, or aspirations. Meanwhile you’re still alive, eat three times a day, and still have enough life left over to share with the person next to you. Gratitude is the best fix for creative contemplation. 

Mental Manufacturing.

When you establish conditions for creativity through daily activities, your mind will become a factory churning out one idea after the other. However you have to remain open, and minimize self criticism. What I mean by minimizing self criticism is not allowing it to become a reason why you never publish, release, or share your work. 

It’s not a race. It’s a pace.

Make sure you’re aware of the pace you keep when you’re moving towards your goals. It can be difficult enough to build up momentum, so it’s only right that you stay mindful of how constant your progress is from one thing to the next. Don’t go too fast or too slow. Moving too fast may cause you to burn out and give up. Moving too slow will cause you to fail too much or to lack enthusiasm, and give in.

This is why pace is key. If it’s 3 major goals a year that work for you, KEEP THAT PACE. Don’t allow outsiders to interrupt that flow you get going.

Get control, or scroll.

I’m so distracted today. This is not necessarily a good thing. Typically I try to blog at a consistent timeframe. Today however I literally kept going to instagram scrolling and scrolling. It just made me realize that you can only make progress wherever you focus your energy.

I made progress going down my instagram feed. The problem was and is, that this is not something on my list of things to accomplish in life. One of my goals is to continue to write daily. If the goal is writing, you should be writing. If it’s being nosey than be nosey, but you can’t do both at a high level.

This is why prioritizing our time is the most important aspect of life. It’s easy to make excuses as to why we haven’t done something productive. We can say, “there are just too many distractions”. Still, this is bullshit. When you prioritize what’s important, you’ll set aside the wasteful activities because you realize how valuable time is.

Whether in life, or on the internet, there is always the opportunity to contribute, create, and build, or there is the opportunity for you scroll and wonder around aimlessly. Choose wisely how you spend that precious time because it isn’t given back.

Creating, Creativity.

Creativity comes to you, in sporadic explosive-like ways. When it shows up, you lose all consciousness, and become one with the flow state. Time seems to stop. Outside noise seems to mute itself (unless you’re a musician), and everything feels aligned. When you’re on, that’s it.

Nothing else matters in that moment. All you want to do is create more of that creation. When it’s over, the withdrawal sucks the life out of you, and all is dry & dull. You can entice creativity, but forcing it upon yourself does not necessarily, bring out your best. Seems in my own experience, that it’s better to let it come to you, and take over for however long you can make it last.

Embrace the moment when it hits. 

The magic in life ooccurs when you don’t have to force it. When the energy just flows seemlessly, without hesitation. When you can create, and do things without much thought. When all seems effortless. 

This is when we become one with the universe and feel as though we are unstoppable. 

Creators beware!

As creators we must have laser beam focus on the creative task in front of us. It is important that we capture our creative flow of genius as soon as it strikes. Otherwise we miss the gems of an idea that could be revolutionary.

In order to maintain that focus we must not “look up” (metaphorically speaking) while engaged in creation. “Looking up” can disturb our vision and slow the passion for the idea being created at the time.

It can also give us a new perspective on the same idea after a split second of distraction or “looking up”.

The mission statement has to be “I’m going to be as creative as possible while my creative engine is running until I have no gas left.” Create until the idea run dry. “Looking up” in between the task can really hurt the process.

Just like it’s hard for a human to physically stop right then and there while sprinting as a high concentration rate.

Morale of this post: create as much as you can while the iron is hot because once it cools down you have to let it reset all over again.