Category Archives: Media

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The Psychology of Human Misjudgment by Charlie Munger

One of the great works of synthesis in the field of psychology, Munger discusses the various psychological levers and biases we should be aware of.

The Lattice Organization by WL Gore & Associates, Inc.

A lattice organization is one that involves direct transactions, self-commitment, natural leadership, and lacks assigned or assumed authority…Every successful organization has a lattice organization that underlies the facade of authoritarian hierarchy. It is through these lattice organizations that things get done, and most of us delight in going around the formal procedures and doing things the straightforward and ways way. – Bill Gore

First Principles of Value Creation by Joe Plumeri

A beautiful read that is worth reading and re-reading. Joe was CEO of North America at Citi which was the best performing stock in the 1990s and now is a senior executive at KRR, having turned around Willis and First Data. In this 2019 talk he shares eight of his first principles of value creation

Plumeri’s 8 Principles

  1. Vision
    1. Where’s grandma’s house? Where as we going
    2. We all need a vision. Without one, people will make up their out
  2. Purpose
    1. Do you passionately care about the client and vision?
  3. Make a big deal out of everything
    1. Delegate authority but never responsibility
    2. Write notes to everyone and recognize people as often as possible
    3. Gerald Ford helping to get friend buried at Arlington made me cry
  4. Create a no doors culture
    1. Go “play in traffic” – go make things happen
  5. Create a performance-based culture
    1. Citi had a program where if you didn’t exercise the stock, then you got double the amount. That’s how Sandy Weill was able to keep everyone
    2. Gave stock wherever he worked and he always put shareholders first. Would never even visit a tourist attraction if he was traveling because it was the shareholders who had paid to get him there
    3. Ownership, team building, everybody on the same page
  6. Widen the value gap
    1. The value gap is what people or companies can do for themselves compared to what you can do for them. You always want to be expanding this gap
    2. Never be in a commodity business
    3. Are you competent or compelling?
    4. Price is an issue in the absence of value
  7. Your reach should exceed your grasp
    1. Always ask, “What else?”
  8. Surround yourself with people who want to do great things
    1. Viking effect of burning boats, getting everyone all-in

Chip Conley On Measuring What Makes Life Worthwhile

Chip Conley, founder of boutique hotel chain Joie de Vivre and now central to AirBnb, discusses how be should really be measuring success

Rodney Mullen On Getting Up Again

Rodney Mullen is one of the all-time skateboarding legends – having pioneered and invented many of the moves and tricks which are ubiquitous today. In the talk below he talks about how to go with your gut and not overanalyze situations.

Bryan Warnecke On Living With Cystic Fibrosis

The Psychology of Human Misjudgment by Charlie Munger

One of the great works of synthesis in the field of psychology, Munger discusses the various psychological levers and biases we should be aware of.

The Beautiful Game – Tribute to the San Antonio Spurs

Absolutely beautiful montage to Gregg Popovich and the San Antonio Spurs – teamwork, humility, sense of humor, ability to enjoy other’s success, work ethic, growth outside of basketball, complete trust, greatest success is found in building strong, lasting, trusting relationships

Learning a Language in 6 Months

Chris Lonsdale gives a good TED talk on how to learn languages quickly and below is my summary


5 principles of Rapid Language Acquisition

  1. Focus on language content that is relevant to you – information that helps survival, personal goals, business, etc.
  2. Use language as a tool to communicate
  3. When you first understand the message, you will unconsciously acquire the language
    1. Comprehension is key
  4. Physiological training (filters in brain to native languages, facial muscles must adapt to new sounds)
  5. Psycho-physiological state
    1. Will learn much better when happy, relaxed, curious
    2. Must learn to tolerate ambiguity
7 Actions to take for Rapid Language Acquisition
  1. Listen a lot – brain soaking
  2. Focus on getting the meaning FIRST (before you get the words)
    1. Body language, nonverbal cues
  3. Start Mixing
    1. Mix verbs, nouns, adverbs…incredible amounts of sentences can be made with few words
  4. Focus on the most common words
    1. Week 1 – use target language (what is this?…)
    2. Week 2 – pronouns, common verbs, adjectives (you, that, give, hot…)
    3. Week 3/4 – Glue words (although, but, therefore…)
  5. Get a Language Parent – creates a safe environment to practice
    1. Works to understand what you are saying
    2. Does not correct mistake
    3. Confirms understanding by using correct language
    4. Uses words the learner knows
  6. Copy the facial movements
  7. Direct Connect” to mental images
    1. Don’t convert from mother tongue to new language, use memories and imagery to connect new path