Psychology
All of our education has always been indicating the importance of learning and accumulating knowledge. In this process, all of us have absorbed a big chunk of information that does not consist of any valuable piece of knowledge. In other words, we accumulated information that we need to unlearn. We
Psychology
You are attracted to your interests, your goals and your desires. You seek them, work for them, want to achieve them. The perspective is one sided. You are going to them. What if they can come to you? What if they become attracted to you instead of you being attracted
Philosophy
I am writing this at the airport, and during my flight I kept reading “Shoe Dog” from Phil Knight, the founder of Nike. What a wonderful piece of writing! For so long, I haven’t come across such a book that I feel that I just cannot leave it. It
Business
The exponential returns in business are coming with your decisions, not earning for your time. Earning based on time and effort is crucial for anyone who is looking forward to starting a business. I believe that currently there is no escape from that. And there shouldn’t be. Earning based
Business
The following paragraphs are from the commencement speech of Charlie Munger at USC Law School in 2007. Charlie Munger has been an important mentor for me through his vision, and I would like to share his perspective on the concepts of “self pity” and “self serving bias” today with you.
Business
Understanding how dividends work is crucial for personal financial literacy. A dividend is basically the distribution of a company’s earnings. They can be distributed to stockholders monthly, quarterly or annually. Quarterly distribution is the most popular option among all. Assume you own an Intel stock. In principle, Intel Corporation
Business
It is said that there are two main pleasures in the business world: 1- What you do and how much you earn. 2- With whom you do them. Well, there is an overlooked point here. There is a current business culture emphasizing the process over destination. I disagree with that.
Business
I have a personal guideline on decision making. Obviously, it is not in the form of a list, but in a form of principles that I hold intuitively and rationally. Those points are important for me when I make a decision. If you find them valuable, feel free to implement
Business
Picking our information sources is as important as picking our food. It is a nutrition plan for the brain, and the most important thing is not even picking the correct or incorrect information. The most important thing is to understand what to consume. Here are two key conclusions: 1. You
Business
I believed that hard work is necessary for success. I still think it is necessary. However, I started not believing in the concept of “hard work”. What is really “hard work”? I mean, what is the extent of a work after which it becomes “hard”? Sometimes, 1 hour of work
Business
I began my business career thinking that having more employees is a sign of success. I understood that it is actually not. Having high-quality people around you and in your team is obviously a plus. But the new forms of leverage can also be more beneficial for your business than
Business
“Building value for my community” has been my approach to the question “Why do you do it?”. Business has been the optimum solution for providing value on a large scale. But there is also a different factor here. More than anything else, I love creating. And creating is valuable even