Do less, do more

Do less, do more

 Figuring out what to focus on is a continual process of reflection and elimination.

You can't get a sense of what works without trying a lot of things.

When getting started, rather than attempting to guess exactly what to do — a more robust way to approach things is to run low-stakes experiments in exchange for experience.

“People are trying to be smart—all I am trying to do is not to be idiotic, but it’s harder than most people think.” – Charlie Munger

It's just as useful to figure out what not to do.

As your experience increases, so will your ability to spot opportunity, and combine the breadth of your experience into something entirely unique.

This is not a process that ever reaches a conclusion, but a model to overlay on the experiments we run — to figure out which ones to run again, and which ones to drop.

Do less, do more by Visualize Value

Learning is like climbing an infinite ladder.

We're conditioned to think of a single percentage point as an almost non-consequential gain. In conventional wisdom investing, 1% would be laughed at.

How long it takes to learn something is a better proxy for how valuable something is than how long it takes to do something.

It's comforting to think that hitting a certain target or achieving a definable milestone will bring us lasting comfort.

If you make $10,000 or $1,000,000 and spend 100% of it, the outcome is the same.

An abundance of connectivity means you’re only ever a second away from another opinion.

Expecting to excel in anything without consistent practice is the easiest way to lose.