What Does It Mean to Live a Balanced Life?

February 25, 2010

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There are no shortage of articles or blog posts about the importance of achieving balance in your life. It’s pretty much taken as a given. But what does it really mean to live a “balanced” life?
The way most people describe balance, life is like a teeter-totter. If you ever played on a teeter-totter when [...]

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Four Simple Questions That Can Change Your Life

February 24, 2010

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There are four simple questions that can definitely change your life:

What should I do more of?
What should I do less of?
What should I start doing?
What should I stop doing?

That’s it. Simple, yet powerful. The catch? It ain’t easy. First of all, these questions are interrelated. Let’s say that you think [...]

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Make Today a Great Day

February 23, 2010

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In yesterday’s post, I said that Today is the Most Important Day of Your Life! If today is so important, it makes sense to strive to make it a great day. What makes a day a great day? I suppose that we all might have different ideas about what makes a day great, but [...]

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Today is the Most Important Day of Your Life!

February 22, 2010

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Today is the most important day of your life! I don’t know who is reading this right now,  I don’t know when you are reading it, and I can’t possibly know your circumstances. So how can I know that today is the most important day of your life? Because today is the most important [...]

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The Week in Review

February 19, 2010

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This Week’s Posts
02/15/10 – Tim Ferriss: “Income without time has no value.”
02/16/10 – The Brain-Dead Simple Strategy for Becoming Wealthy
02/17/10 – What is luck?
02/18/10 – What is luck? Part II
From around the Web
Mr. Self Development – Are You Going to Fail Again This Year?
OPEN Forum – Here’s a Wacky Idea: Give Your Employees [...]

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What is luck? Part II

February 18, 2010

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This addendum to my previous post What is luck? is a response to the assertion that Warren Buffett could possibly have achieved extraordinary investment returns even if the probability was extraordinarily low. He could have been “incomprehensibly lucky,” using the phrase I used. This is similar to the theory that if you had enough [...]

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What is luck?

February 17, 2010

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Luck is a word that we often use, but have you really thought about what it means to be lucky? In this blog post, I will describe how I think about luck by talking about whether it is possible to outperform the stock market without it. There has been a longstanding debate over many [...]

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The Brain-Dead Simple Strategy for Becoming Wealthy

February 16, 2010

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Humans seem to have a need to make things overly complicated. I’m not surprised by this tendency, because if we don’t understand something, it is easy to assume that it must be complicated. It sometimes takes a great mind to reduce the complexity of reality to simple concepts. The problem is that it is [...]

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Tim Ferriss: “Income without time has no value.”

February 15, 2010

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In an interesting YouTube interview with Loic Le Meur, Tim Ferriss said:
“What I promote is valuing time as the most valuable nonrenewable currency and recognizing that income without time has no value… Income has no intrinsic value… The value that it has is what you can trade it for. And even if what you [...]

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The Week in Review

February 12, 2010

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This Week’s Posts
02/08/10 – Perfecting the Art of Being Imperfect
02/09/10 – Blogging as a Personal Development Tool
02/10/10 – In the Long Run, We Are All Dead.
02/11/10 – Beat the Pros by Being a “Know-Nothing Investor”
From around the Web
Scott H. Young – Perfectionism Isn’t Bad (In the Long-Term)
Steadfast Finances – Visualizing How the Things You [...]

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