From Benjamin Franklin to Charlie Munger to Sam Zell.All talk about frugality, a life where you spend as much as you need. The current world of consumerism and frugality has become a dystopia. Buying on loans and credit cards is a norm.We are in the era of hoarding.Our happiness has transitioned into fast fashion and …
Category Archives: Book Reading Notes
Audience
Haruki Murakami speaks about his audience in “Novelist as a Vocation.” He writes for himself first. I liked this honesty. If your creative fuel depends on an audience, how is it creative and not some work? Most lost artists of the past created music, art, or literature for themselves then the world took notice. We …
bucket
Haruki Murakami speaks about his writing practice and creating content buckets in “Novelist as a Vocation.” The idea strikes a chord with me. Unlike him, I add audio notes or write notes on my mobile. When you have a bucket of content, you know what part of the story will go where. In my case, …
original
My encounter with Haruki Murakami happened six years back. I wanted to get into running. His book “What I Talk About When I Talk About Running” helped. I have read half a dozen other works of his. I always questioned his mental state while writing that fiction. I often joked about what he smokes during …
Pioneers and Settlers
Adam Grant talks about Pioneers and Settlers in his book Originals. Pioneers are the founders and organizations that lead innovation.They depend on the first movers’ advantage.They launch early with the hope of grabbing the entire market.In most instances, they are category creators.They take risks, do price exploration, and do product chops.They win big or lose …
the ring
I am a few chapters into Murakami’s — “Novelist as a Vocation.” I liked the way Author explained how a writer’s life is not about beginner’s luck but constantly delivering the best of their work. It requires lots of grit, pain, sweat, and perseverance. A similar analogy applies to Venture Capital business. I have heard …
child
I am halfway through “the body keeps its score.” It talks about the human mind and trauma. In one chapter author talks about how traumatic childhood results in making a monster as an adult. The negligence of parents resulting in physical torture and sexual abuse leaving a scar for life. It takes a village to …
Dhandho framework
I am halfway through the book: Dhandho investor. I liked it as the author shares stories about many businesses built on frugality, long bets, and arbitrage. The author talks about the Dhandho framework, and I felt like sharing. Invest in an existing business. Invest in a simple business. Invest in distressed businesses in distressed industries. …
Principle
Look at the patterns of those things that affect you to understand cause-effect. Observe yourself, what changes you, and your thoughts. What you can do to keep going. Embrace reality and deal with it. Visualize your needs. Dream it and take successful steps in deploying them. If you can reconcile your emotions with logic and …
success disease
In Score takes care of itself, the author talks about success disease, our inward tendency to become complacent after a big win. Winning or losing is part and parcel of the game or sales cycle. If we over-celebrate or become arrogant after winning and change ourselves or how we see ourselves, it will affect us …