Ray Dailio on maturity

vutran | Oct. 7, 2020, 7:16 p.m.

“Maturity is the ability to reject good alternatives in order to pursue even better ones.” 

— Ray Dailio in Principles

Morgan Housel on finding the sensible balance between optimism and pessimism

vutran | Oct. 3, 2020, 8:02 p.m.

"Optimism is usually defined as a belief that things will go well. But that's incomplete. Sensible optimism is a belief that the odds are in your favor, and over time things will balance out to a good outcome even if what happens in between is filled with misery. And in fact you know it will be filled with misery. You can be optimistic that the long-term growth trajectory is up and to the right, but equally sure that the road between now and then is filled with landmines, and always will be. Those two things are not mutually exclusive.

Optimism and pessimism can coexist. If you look hard enough you’ll see them next to each other in virtually every successful company and successful career. They seem like opposites, but they work together to keep everything in balance."

— Morgan Housel

James Clear on not spending what we have not earned

vutran | Oct. 3, 2020, 8 p.m.

"Don’t spend what you haven’t earned.

Avoid financial debt. Don’t spend money you haven’t earned.

Avoid social debt. Don’t spend goodwill you haven’t earned.

Avoid calendar debt. Don’t spend (free) time you haven’t earned.

The disciplined earner can be a guilt-free spender."

— James Clear

James Clear on sincere, direct and thoughtful questions

vutran | Oct. 3, 2020, 2:17 p.m.

"It costs nothing to ask a successful person how they succeeded, but it may deliver more value than 1,000 hours of hard work.

Others are under no obligation to tell you their secrets, but it is surprising how much you can learn from sincere, direct, and thoughtful questions."

— James Clear

Ray Dalio on maturity

vutran | Oct. 3, 2020, 11:51 a.m.

"Maturity is the ability to reject good alternatives in order to pursue even better ones."

— Ray Dalio 

Ronald Reagan on the highest form of appreciation

vutran | Oct. 3, 2020, 11:49 a.m.

“As we express our gratitude, we must never forget that the highest appreciation is not to utter words, but to live by them.”

— Ronald Reagan

Mr Werner Goeminne on the importance of passing on the right values

vutran | Sept. 27, 2020, 11:08 a.m.

"...The close relationship with my client and my teams are key for me. But let’s not forget that by my experience the most important things in life are your health, to give love and to be loved and to have the correct financial means inline with your life. Also important is to be assure to pass on the right values to your children and support them to the moment that they have to leave the parents nest and fly by their own. Age makes you more mature and putting things in different perspective and life has sometimes difficult curves that nobody can foresee..."