Frame

Frame

Failure is the frame, not the picture.

As true as it is that nature can't draw a straight line — we love to measure things on charts. It gives us a sense of position, showing us something that needs improving or has improved.

We are comforted by lines going up and panicked by lines going down.

What we often neglect is the frame in which we're viewing things.

While zooming out will sometimes reveal you are completely wasting your time, it may also deliver the perspective required to keep going. Both are extremely useful.

We only need enough information to understand the trend and to what degree we have control over it in order to make better decisions. 

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.