Act On That Knowledge - Deepstash
How to Succeed at Investing

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How to create a diversified portfolio

How to analyze stocks and bonds

Understanding the basics of investing

How to Succeed at Investing

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Act On That Knowledge

Act On That Knowledge

Simply understanding how you feel and what you want is vital, but insufficient. Progress depends on action. If your goal is to help other people, but you never do anything about it, you’ll be unsatisfied. The same is true if you want to start a business, write a book, invent some new device, learn to play an instrument, get better at a sport, or be a good parent. Remember: take small steps. They work. Big steps often don’t. Over time, small steps add up, and you end up in a different place.

15

141 reads

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Know Yourself

Know Yourself

To be happy, you need to pay attention to who you are, what you want, and how you feel, versus staying busy just doing ’stuff,’ or doing what other people want or expect you to do. This requires both self awareness and introspection: if you pay attention to how you feel, what you like and what yo...

14

165 reads

<p>Judgment and wisdom matter ...

Judgment and wisdom matter a great deal. To acquire them, and to be creative, it’s important to slow down enough at times to notice what is going on around you.

11

124 reads

Focus

Focus

Focus is important because time is limited and you can’t do everything, let alone do everything well.

13

153 reads

Judgements

Judgements

You can’t both create space to let your mind wander and intensely focus at the same time. You need to use your judgment to figure out what’s right for you at a given time in your life.

11

111 reads

Make Friends

Make Friends

Without true friends, most of us wouldn’t enjoy our lives. To be happy, it’s vitally important to be connected to other human beings whom you care about and who, in turn, care about you.

12

99 reads

Observe

Observe

It’s incredibly hard to have a dispassionate view of the world, even if you try your hardest. Humans are emotional animals, and we all come at the world with our own point of view based on our experience. It’s impossible in many ways to get outside that frame of reference, although with diverse e...

14

124 reads

 Care

Care

If you don’t take good care of yourself physically and psychologically, you won’t be able to enjoy your life. And if you don’t care about others, you at least will be missing one of the great joys of being alive.

11

101 reads

Laugh

Laugh

We’re all going to be dead anyway some day. So while you should try your hardest to make the most of your life, when something funny happens, when you make a mistake, or even (and perhaps especially) when bad things happen, it’s easier if you can laugh about yourself and the world.

12

98 reads

Manage Change

Manage Change

Change happens whether you like it or not, both in our personal lives and in our world more broadly. With technology and globalization, the rate of change in society is accelerating. Being able to accept and manage change is an essential skill.

12

104 reads

Persevere

Persevere

Life doesn’t come easily most of the time to most of us. Even if you have no major issues in your life, eventually you will. The way to succeed amidst obstacles is to not give up. Perseverance matters. I don’t know anyone who has succeeded over time in any field or significant endeavor without it...

12

121 reads

CURATED FROM

CURATED BY

dd71

“The best thing a human being can do is to help another human being know more.” — Charlie Munger

These ideas are so simple and easy to implement in our life.

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