I eat what is on my plate, so I don’t take more than I’ll comfortably eat. Waste not, want not is a phrase that I reflect on frequently. I really don’t like to waste resources, whether it’s food, financial, energy or products.
Having grown up on a farm, I am clear how much energy and resource is used to create milk and then get it to your fridge. The amount of tractor fuel required to cut, rake, bale and transport hay to a barn for storage is significant. There is also an amount of energy consumed in running a barn, such as lights, milkers and gutter cleaner.
We would then have a milk truck collect the milk and bring it to the factory. Here it would be processed and packaged and shipped to a store near you. You can then simply pick the milk off the shelf, take it home and pop it in the fridge.
I have seen people then drink some but not all of it. If it then sits out and gets a bit warm, some people will throw it down the sink. I find that tragic, as I know how much has gone into getting that milk there in the first place. It seems like a complete waste of our earth’s resources. I would rather drink it, chill it in the fridge again before consuming it or use it some other way.
I think like this for all resources. Whether it is using all the toothpaste in a tube or all the ink in a pen, it makes good environmental sense.
Waste not, want not, is a proverbial saying that was first noted in 1772.
Perhaps these unusual times will encourage us to be more appreciative of each resource we have and use it more efficiently.
People tend to have an interpretation of things and they usually have an opinion on them too. I do. Seeing things without vision, because of myopia, is unfortunate and so easily improved with a little practice.
Some people aren’t able to see differently, and others choose not to. I enjoy discussing subjects with anyone who can offer an interesting angle and has put some thought behind it. I may challenge the points, and even disagree in the end, but it is worth the discussion to expand my realm of thinking.
Recently, I’ve been quoting a saying about hammers and nails around the house more frequently. It summarises my thought on why it is easy for people to be seeing things without vision. It is also difficult, without practice, to see from a different perspective to the one that popped into your mind first.
I suppose it is tempting, if the only tool you have is a hammer, to treat everything as if it were a nail.
Abraham Maslow
I love a curious mind. One that is willing to challenge their own thoughts and programming. I challenge my own thoughts frequently and try to learn why, when and because of whom, that I think certain thoughts. It can be difficult to stop, think and enquire, but it is a great exercise to get to know yourself better.
What are you reading? Why are you reading it? Reading is an investment in time and yourself. Are you reading for pleasure or knowledge or both? I often find I am reading for both. Though that wasn’t always the case.
When I was 12-ish, I don’t recall reading much outside of school requirements. Contrast that with today where I read a lot. I am a consumer of knowledge and generally useful facts. I read at a decent speed but slower if it is media.
Media influence:
For media, I am constantly questioning the angle and information that they are providing. For example, if a journalist gives the figure in percentage terms, I ask myself why they didn’t provide the raw number, or both. I have the same thought if they only give the raw number.
It’s more exciting reading if the Dow ‘drops 2,000 points’ rather than 6%. It has more impact on people who remember the Dow at 8,000 and know that a 2,000 point fall would be massive. Whereas 6% is rather commonplace in a volatile market.
When shown a graph, why did they chose the start date and end date they did? Does it support their story better? What if you shifted the dates they gave you and selected other dates 10 or 15 years earlier? Would the story they are telling, to influence your thinking, look different if they used different data?
Brain Training:
Be careful what you allow into your mind. Reading is a way to train your brain. Make sure you are consuming healthy, mind-strengthening prose. Make sure it doesn’t just make you feel good or affirm your biases. Ensure it stretches your mind and adds value to your life.
This weekend, I started re-reading ‘The Great Crash, 1929’, by John Kenneth Galbraith (another fine Canadian). I forgot he had such a keen sense of humour and great insight into the human psyche. Given the very sobering topic, he makes it oddly enjoyable to read. It really does remind me that ’it’s all the same, only the names will change’. History does repeat itself, so learn from it.
Have a look at what you are reading. Are you reading for pleasure or knowledge, or both? Shift your focus a little if you want different results.
If you are looking for some useful books on personal finance, personal development or weight loss, send me an email at scott@scottsthinking.com and I would be happy to give you a few of my favourites.
What are the best resources for resilience? When you are feeling low – where do you go? To whom or to what do you turn to? There are some great resources out there to help pick you up, re-energise and re-focus.
Certainty of outcome: Right now, we are in such a unique moment in time. It feels like the whole planet is on the same page, or at least reading the same book. Sometimes, as with a riveting book, I’d love to sneak a peak at the last few pages. Seeing how this plays out, and when, would provide everyone with some certainty. It would probably give a lot of people a level of comfort and let them relax into it a little more.
However, just like every book or movie, we won’t know how it ends until we get there. We need to live through the twists and turns with resilience knowing there is an end and it will be fine.
Perspective: Looking back four months ago, you may not have realised how amazing your life was then. As I wrote recently, we often don’t know what we’ve got til it’s gone. This is probably one of those moments for a large portion of the population in so many countries already.
Feeling low – Where do you go?: To re-energise or re-frame things, some of the best tips I have, that work for me are: Going for a run, writing something positive in a journal, listening to a favourite couple of songs rather loudly and singing along, or writing what’s on my mind to ‘get it out’.
A great book to read, and write in like a workbook, is Dale Carnegie’s classic, ‘How to stop worrying and start living’. It’s got some incredible stories in it and great lessons and tactics to use too.
Helping Others: If you can spare a minute, please answer the question, ‘Feeling low – where do you go?’. Click on the title of this post and scroll to the bottom of the page and leave your best tips in the comments.
With readers from across the UK, USA, Canada, Australia and dozens of other countries, maybe we could get a little compendium of top tips listed. It could help people, from around the world, to better deal with the new normal.
Knowing that you may may have helped someone get through their day will pick you up too, and hopefully leave you smiling.
If you expect people and things to be perfect, then you may be in for some pretty big disappointments in life. If you are starting with perfect, every other outcome is, sadly, going to be inferior.
I find my own frustrations rise when I use the word ‘should’. It’s a funny word. It’s how we think things ought to be based on our experience, desired pleasure and avoidance of pain. So why should any of us get to decide all on our own how things should be? Be careful if your base case is always starting with perfect. Especially if it is your particular view of perfect.
Jim has so many brilliant sayings. Search for him on YouTube, Google or click here.
Should is a word we gently encourage our children to use less and less. Unless they are going to take action and push for the change themselves, then that is fine. In which case, the word switches from ‘should’ to ’must’. Tony Robbins is known for saying that we don’t get our ’shoulds’, we only get our ’musts’.
If you think everything should be different, you will find life to be a constant battle. But, if you can accept that nothing is perfect, you will thrive. All those imperfections create diversity and uniqueness. It can be amazing, if you let it be.
Coronavirus Exit Strategy: Use empty hotels to develop Herd Immunity
Stopping this market meltdown, and the fast growing financial and social challenges, requires two things:
1. Making livelihoods our absolute focus (while still saving lives impacted by Coronavirus and managing hospital beds) and
2. Providing a clearly defined end date to this situation. This can be done by immediately starting to develop herd immunity by creating a Government Organised Voluntary Infection (GOVI) programme, for healthy people, in all the UK’s empty hotels
The Problem:
The market, and people generally, require certainty so they can move forward confidently. Currently there is no certainty when considering the end to this pandemic*. Hoping for a viable vaccine provides no certainty. It is like hoping to win the lottery: It’s worth trying, but don’t count on it as your only strategy.
The Solution:
We need a clear, time-bound exit strategy that can show progress is happening and has a clearly defined end date. A GOVI programme would do both.
GOVI explained:
While people are self-isolating in this Suppression Phase, we can roll out a government organised voluntary infection (GOVI) programme at designated hotels (all UK hotels). The GOVI programme would be similar to the idea of chicken pox parties, where healthy children would get together with an infected child and get infected to be done with it. If 50%-80% of the healthy 6-60 population are going to get the Coronavirus at some time anyway, with mostly mild symptoms, why not get it over with?
For WWII, people volunteered to fight in the war effort knowing that there was a significant risk of death or serious injury. These recruits were checked for being in good health (i.e. no underlying conditions) and then sent off to battle the enemy. With more than 700,000 (mostly empty) hotel rooms in the UK alone, the government could pay hotels to host people who are 20-50 years old, and with no underlying conditions, who volunteer to contract the virus under supervision. They would get checked out by a GP, and if ok, they would go to a government designated hotel where they would contract the virus and stay in the hotel for 7-10 days, until ‘immune’. The volunteers are then checked/tested by a doctor before leaving the hotel to confirm their immunity. Once immune, the volunteer gets a document and badge noting that they can re-enter society.
The government would need to authorise and organise this phase to maintain a controlled spread of the virus. They would need to set out the plan of action, acknowledge the challenges and risks involved and call out for suitable volunteers.
GOVI benefits :
In theory we could have c.700,000 very low risk people gaining immunity every 10 days. Over the next 12 weeks (84 days), we could have roughly 5 million people gaining immunity. This could be happening while the 70+ group and the Underlying Condition (UC) group are protected through self-isolation. Additionally, we could continue to have strong social distancing/lockdown policies in place (Suppression Phase), continue testing and encourage scientists to search for and progress a possible vaccine: all concurrently.
It’s more Churchill D-Day then Chamberlain “Peace for our time”. Let’s take the battle to the enemy rather than try to avoid the inevitable. Advance on the enemy rather than simply shield the citizens from harm.
A war time army of volunteers is required and I believe many would be willing to do this. Since there seems to be an overwhelmingly high recovery rate for healthy people aged 18-50 (99.7%), let’s get it and get on with it.
The ever-growing Immune Army can then help high risk people, relieve care workers, support hospital workers and others, or just get back to work. Ever more volunteers will spend a week in the designated hotels until huge swathes of the population are immune.
Within one year, about half of the young and healthy population (25 million people) in the UK will be immune, without having overrun the NHS. In 2 years, most under 70’s and those without known underlying conditions would have immunity (c.55 million). After communicating this plan, normalcy will start to return in weeks to months, demand will return, markets will stop the slide and maybe reverse, and the world can start to mend.
Summary:
Without creating certainty with a credible exit strategy, the markets will continue in meltdown, workers will be laid off, industries will collapse, and the government will have to finance the entire economy, possibly for years. Adding a GOVI programme in parallel to the other strategies/phases being employed, could greatly improve our chances of saving the most lives, from all causes. In addition, the GOVI programme will also put a floor in the economy with a certain and time-bound exit strategy, which will stop the markets sliding. Finally, this additional strategy could save billions of people from suffering through the severe, drawn out, Depression era future that the trends seem to indicate we are heading for.
Link to Mervyn King on CNBC, on Monday, referring to no viable exit strategy, from minute 8:45 to 9:20 (so 35 seconds long).
* Link to Mervyn King on CNBC, on Monday, referring to no viable exit strategy, from minute 8:45 to 9:20 (so 35 seconds long).
FIND MORE DETAIL:
I have added several follow up thoughts for you on my blog website page called Coronavirus Exit Strategy: GOVI. Points covered consider the next 2-3 years and our options. I’ve also added some sources and supporting detail,
‘Rock Star Dies in Tragic Accident’ was the headline I saw 20 years ago while I was walking past Richer Sounds and heading to London Bridge Tube Station. I tried to decipher the headline.
I knew instantly that this death was not of someone I had ever heard of. Had they been sufficiently famous, the newspaper would have put their name in the headline. Jagger Found… or Elton Tragedy… or something like that.
I tried to guess who it could be. I didn’t want to buy the paper to find out. I new I would find out eventually from the tv or a friend if it was sufficiently big news. When I did find out, I don’t recall ever hearing of them.
It was a pivotal moment because it made me really focus on how I assessed what people said and what the media led with as their headline. Since that time, I have always enjoyed playing my own little game of decipher the headline. I enjoy trying to decide whether something is going to be truly important or a waste of time, based on the headline.
You can save a lot of time as you develop the skill of quickly deciphering what the underlying message or motive is to any communication. Sometimes I nail it and sometimes I don’t. But I always enjoy playing the game. If you enjoy mysteries, psychology or solving puzzles, you may like to give it a try.
When you are having tough times, trying something new, stating an opinion or just trying to get through your day, it is always nice to have a few words of encouragement from others. People need encouragement.
It is so easy for people to criticise, condemn, chastise, laugh at and bully. It requires no interest, curiosity or understanding of the other person.
For the most part, people are trying to do their best with what they know. Give them that benefit of the doubt. Assume their intentions are good unless and until you have conclusive proof that they aren’t.
Reflect on whether you are offering enough encouragement to people. It takes so little encouragement to light a fire under someone, to build them up. Ask questions. Seek first to understand. Assume their intent is good, even if their route to get their desired outcome isn’t the one you would necessarily choose.
Seek first to understand, then to be understood
Stephen R. Covey
Remember, how many Presidents, Prime Ministers, Chief Medical Officers, Doctors etc said nothing in the 1800’s and early 1900’s about smoking. Finally someone took the initiative to speak up about the health issues of a very popular pastime. Going against the accepted wisdom is more easily done with some encouragement.
For those of you with kids or young relatives at primary school age, think about how you might talk down about people you disagree with, whether it is journalists, politicians or business people. Then think how you would feel if your children or young relatives treated other children like that. If it’s bullying when young people do it, it must be called bullying when adults do it. Is there ever really a good justification for it?
Imagine what we could do on this planet if everyone stopped criticising and bullying others, and were more curious and gave words of encouragement. Try catching yourself for the next 24 hours. If you’re honest, it is quite revealing.
We have all faced significant headwinds in our lives and leaning into the challenges ahead will be similar. There will be days where you will be feeling overwhelmed and maybe beaten, but you will press on and get through this.
I am always amazed at people’s tenacity and inner strength when they decide to get through something. The absolute power that we possess inside is quite incredible. By taking each day and each hour as it comes we can get through just about anything.
There are 1,440 minutes in a day and there are 84 days in 12 weeks. So we have 120,960 minutes to enjoy or persevere through at this unique time in the UK. When it is all going well, it will go by quick. Though there will be times when you will feel like the clock has stopped. Either way, stay focused on the bright side of everything.
Enjoy every minute of this unique period in time. Amazing things will happen in your relationships and your life in general, if you stay focused and approach everything, and everyone, with the best intent.
If the challenges get too much, put yourself in a 5 minute time out. Do some slow, deep breathing and relax your mind and thoughts. Remember that in the moment, everything is super important and feels like it really matters. However, the events of that moment are unlikely to be remembered 200 years from now.
If I get too caught up in the moment, I mentally picture myself shooting up into space, all while looking down as the ground disappears below me. As I am rising up, the streets get smaller and I see other cities. As I go higher, the details blur into cities, farmland, forest and large bodies of water. Soon I’m floating in space and looking down at this little blue ball, balanced perfectly in an orbit in space, which has seen wars, peace, contagion and warmth.
In that moment, I remember how significantly insignificant what is happening probably is in the very grand scheme of things. So I breathe and smile as I return back down to earth. Refreshed with perspective, I am once again prepared for the challenges ahead. Try this a few times and let me know if it works for you.
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