Weekend Reading
Writing worth reading - 16th/17th November 2024
Mental Liquidity by Morgan Housel
“There’s this thing in psychology called the end of history illusion, which is the idea that people are aware of how much their personality has changed in the past, but they assume it will be stable in the future. I laugh at who I was at age 20, but I assume that by age 60 I’ll roughly be the same person I am today. Part of the reason it occurs is because it’s too painful to accept that the beliefs I hold today might be wrong, temporary, or subjective…”
Do It Your Way by Morgan Housel
“How you invest might cause me to lose sleep, and how I invest might prevent you from looking at yourself in the mirror tomorrow. Isn’t that, OK? Isn’t it far better to just accept that we’re different rather than arguing over which one of us is right or wrong? And wouldn’t it be dangerous if you became persuaded …”
The mystery of Masayoshi Son, SoftBank’s great disrupter by Lionel Barber
“Answering those questions proved more difficult than I anticipated. Twice I flew to Tokyo, only to be informed that the boss was too busy to see me. When I complained that my subject was more elusive than a Bengal tiger, an ex-SoftBank executive, Indian by birth, replied: “In that case, I suggest you bring a goat…”
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Wednesday 27th November — London — details and signup here.