Location matters – e.g. imagine if Warren Buffett was born in war-torn Iraq
Being in the right place at the right time involves not only location but luck too
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Find Out What Your Unfair Advantage Is
M = Money can put you ahead of others
I = Intellegence and Insights
L = Location and Luck: Be in the right place at the right time
E = Education and Expertise: Where you went to school and what skills you have K...
Imagine – John Lennon
This song was written during the Vietnam War and asked listeners to imagine a world at peace.
Most poignant lyric: You may say I’m a dreamer | But I’m not the only one | I hope someday you’ll join us | And the world will be as one
Circle of competence
If you want to improve your odds of success in life and business then define the perimeter of your circle of competence, and operate inside.
The concept has been used by Warren Buffett and relates to the importance of honestly definining what we do know and to stick to those areas....
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