CategoriesFinancialObserveReframe your thoughts

No Solutions. Only Tradeoffs.

I happened upon a video today that reminded me of this point made by Thomas Sowell, and possibly others too. Everything in life seems to be about tradeoffs. Certainly everything to do with money. We like to think there are absolute solutions but really they are just more, or less, palatable tradeoffs.

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CategoriesObserveProgressThink About It

Your Identity

We don’t stray too far from our comfortable identity. Often people don’t improve their identity either. While being the same as you were 20 years is nice, weren’t there any areas in your life that could have been stretched and improved? What is the identity you’d like to grow into in the next 2 years?

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CategoriesObserveThink About It

What’s Real?

There was an ad in the 80’s that we used to quote often and the key line was, “Is it real or is it Memorex?”. It was promoting the incredible sound recording on a cassette tape. With AI improving day by day, we may start saying something similar. Don’t get fooled.

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CategoriesActionGratitudeObserveThink About It

What Motivates You?

Would you rush into a burning building to save a child? If so, why? Honestly. Would you lend a friend £1,000? Is it your risk tolerance at play here? Or perhaps you’re a giving, charitable or empathetic person?

What motivates people fascinates me.

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CategoriesGratitudeObserveThink About It

Know Your Issues

We all have issues. Get to know yours. Take the time and be patient. Learn about yourself. It might be quite uncomfortable and you may not like what you learn. But you will be a better person for it.

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