Newsletter: Farnam Street…


FS | BRAIN FOOD

Sunday Brain Food is a weekly newsletter full of timeless ideas and insights.

FS

Read

“Good thinkers understand a simple truth: you can’t make good decisions without good thinking and good thinking requires time. If you want to think better, schedule time to think and hone your understanding of the problem.

— Thinking Even Better

Listen

“Your skill in decision-making is directly proportional to your quality of information acquisition. So, how good are you at making decisions? How good are you at acquiring information?”

— Shopify CEO Tobi Lütke (FS | Apple | Spotify | Transcript )

Watch

“If we don’t factor survivorship bias into our thinking, we end up in a classic map is not the territory problem. The survivor stories become a poor navigational tool for the terrain.”

— What Sharks Can Teach Us about Survivorship Bias

Explore Your Curiosity

★ “I don’t pay no attention to no kind of critics about nothing. If they knew as much as they claim to about what they’re criticizing, they ought to be doing that instead of just standing on the side lines using their mouth.”

— Alex Haley interviewing Cassius Clay

★ “The purpose of VR is to take you to a completely made-up place, and the purpose of AR is to change your experience of the place that you’re in.”

— Snow Crash author Neal Stephenson talks about the differences between augmented and virtual reality, how to create a convincing Metaverse, and why social media is driving us insane

★ “When Charlie and Warren had started out, there were three of them. It was Charlie, Warren, and then the third guy, Rick Guerin, and they used to make investments together. … Then Rick Guerin pretty much disappeared off the map. I’ve met Rick recently, but he disappeared off the map, so I asked Warren, are you in touch with Rick, and what happened to Rick? And Warren said, yes, he’s very much in touch with him. And he said, Charlie and I always knew that you would become incredibly wealthy. And he said, we were not in a hurry to get wealthy; we knew it would happen. He said, Rick was just as smart as us, but he was in a hurry.”

— What I’ve learned

Timeless Insight

“Things falling apart is a kind of testing and also a kind of healing. We think that the point is to pass the test or to overcome the problem, but the truth is that things don’t really get solved. They come together and they fall apart. Then they come together again and fall apart again. It’s just like that. The healing comes from letting there be room for all of this to happen: room for grief, for relief, for misery, for joy. When we think that something is going to bring us pleasure, we don’t know what’s really going to happen. When we think something is going to give us misery, we don’t know. Letting there be room for not knowing is the most important thing of all.”

— Pema Chodron, When Things Fall Apart

Tiny Thought

Ninety percent of success can be boiled down to consistently doing the obvious thing for an uncommonly long period of time without convincing yourself that you’re smarter than you are.