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“All players must agree to not cheat.” It’s simply too difficult to enumerate all the rules necessary to engage with people who don’t have goodwill about the process. If you…

We know that the median is often not the same as the mean, but in describing a population, it also pays to differentiate between the average person and a typical one. For example: The average dog o…

#seth marketing

Jim Leitner is the greatest macro trader you’ve never heard of. He was once a currency expert on Wall Street, pulling billions from the markets, but now he plays the game through his own family office. Leitner understands the Macro Ops “go anywhere” mentality better than any other trader (excerpts are taken from Drobny’s “Inside …

This is why you need twice your normal conviction to go short. The system is designed to move higher over time, so you better have a damn good reason to fight that drift

#investing

#peter thiel

“Use your best judgment.” Bureaucracies have a very hard time saying this to their staff. They create an endless series of scripts and rules, procedures that force people to not care. &…

#seth #notmyjob

The main theme of my book How to Fail… is that goals are for losers. What you need instead is a system. For example, losing ten pounds is a goal, whereas learning about nutrition and diet so you can gradually replace willpower with knowledge is a system. (That makes more sense with a full explanation.) …

#general nonsense

#coolstuff

It seems as though the opposite of “careless” ought to be “careful.” That the best way to avoid avoidable errors is to try harder, to put more care into the work. This means…

#sethgodin #systems

If you could do one thing, make one choice, it should be this: make the room too small.

#sethgodin #conference

How we choose to act changes who we choose to become.

#sethgodin

Striking while the iron is hot is so important. I often thing of the Gotham Gal saying “get one.” It was absolutely the right thing to do and always is.

#fredwilson #usv

Price is unrelated, except for one thing: Charge enough that you can afford to actually keep your promise. The thrill of a low price disappears quickly, but the pain of a broken promise lasts a very long time.

#sethgodin #selling

“The student knows the rules, the master knows the exceptions.”

#morgan

Every situation has two handles: Which are you going to decide to hold onto? The anger or the appreciation? The one of resentment or of thanks?

#stoic #ryanholiday

Just listen. Be empathetic. Think of others more highly than yourself. If you can do that, you could be the difference for someone.

If you want someone’s feedback on something, be concrete and ask a specific question that can be answered in a few minutes.

#email #advice

Career hack: Work harder than is expected of you and be nice to people.

#morgan #hacks

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