Sunday, August 27, 2023

9 sources of permanent advantage

Raw talent/intelligence - Some people are just naturally better and smarter. 

Hard work - Some people work harder. 

Differentiation - Seeing the world differently. Doing something different. Reading different books. Interpreting the same information differently. 

Process / Discipline - Creating a process and following it. Working out every day is a great example. 

Talent Collector - The ability to hire the best people and get the most out of them. 

Patience - A lack of patience changes the outcome. 

Ability to take pain - Are you willing to look like an idiot to get better? How much risk are you willing to take, AND, importantly, can you handle the losses? 

Temperament - Keeping your head when everyone else is losing theirs. 


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