chowyonghan Author

Pain + Reflection = Progress

(Extracted from Principles by Ray Dalio) When you experience pain, remember to reflect. You can convert the “pain” of seeing your mistakes and weaknesses into pleasure. If there is only one piece of advice I...

September 8, 2019| Life Read More

Gifts are easy. Choices are hard. We are our choices.

(Extracted from Jeff Bezos’s speech delivered to graduates from Princeton University on May 30, 2010.) What I want to talk to you about today is the difference between gifts and choices. Cleverness is a gift, kindness...

September 8, 2019| Life Read More

The most important question of your life: What are you willing to struggle for?

(Extracted from MarkManson.net) If I ask you, “What do you want out of life?” and you say something like, “I want to be happy and have a great family and a job I like,” it’s so ubiquitous that...

September 8, 2019| Inversion, Life Read More

The Intangible Economy

(Excerpt from Capitalism Without Capital by Jonathan Haskel and Stan Westlake) The type of investment that has risen inexorably is intangible: investment in ideas, in knowledge, in aesthetic content, in software, in...

September 8, 2019| Tech Read More

Why tech uses equity as a main source of funding

(Excerpt from Capitalism Without Capital by Jonathan Haskel and Stan Westlake) Even those intangibles that can be sold, like patents or copyrights, present problems to creditors: they are typically difficult to value...

September 8, 2019| Tech Read More

Tech changes lifestyle

(Excerpt from Breaking Smart by Venkatesh Rao) To traditionalists, particularly in the United States, the car is a motif for an entire way of life, and the smartphone just an accessory. To early adopters who have...

September 8, 2019| Tech Read More

5 Main Types of Machine Learning

(Excerpt from The Master Algorithm by Pedro Domingos) For symbolists, all intelligence can be reduced to manipulating symbols, in the same way that a mathematician solves equations by replacing expressions by other...

September 8, 2019| Tech Read More

Hell Yeah! Otherwise No!

(Excerpt from Anything You Want by Derek Sivers) If you’re not saying “HELL YEAH!” about something, say “no.” When deciding whether to do something, if you feel anything less than “Wow! That would be...

September 8, 2019| Focus Read More

Saying ‘No’ most of the time

“People think focus means saying yes to the thing you’ve got to focus on. But that’s not what it means at all. It means saying no to the hundred other good ideas that there are. You have to pick carefully. I’m...

September 8, 2019| Focus, Via Negativa Read More

Ted Williams and Warren Buffett wait for the fat pitch

(Extracted from Berkshire Hathaway 1997 Shareholder Letter) We try to exert a Ted Williams kind of discipline. In his book The Science of Hitting, Ted explains that he carved the strike zone into 77 cells, each the size...

September 8, 2019| Focus Read More

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