Important Ideas

The following is a collection of important ideas. I'm reminded of Charlie Munger when he said you should take a simple idea and take it very seriously. If someone took one of these ideas and took it very seriously I think their life could be changed for the better.

  1. Equities have performed the best compared to many asset classes in the past couple hundred years.

  2. Make progress. Progress compounds.

  3. Compress complexity.

  4. When starting a business, find stairs to run up.

  5. Protect virtue so virtue protects you.

  6. Be a relentless cloner.