Using the path of least resistance to build new habits — Excerpt from The Happiness Advantage

In the following paragraphs, Shawn Achor explains how he managed to form a new daily habit by planning ahead and making it easier for him to play his guitar every day. THE 20-SECOND RULE How to Turn Bad Habits into Good Ones by Minimizing Barriers to ChangeD uring one of the first trainings I ever … Read more

Lessons from The Happiness Advantage

I recently stumbled on Shawn Achor’s Ted Talk about Happiness. I immediately liked what he presented when he talked about the Cult of the average in psychology. What the cult of the average does is, in simple terms, ignore the outliers in our data. Actually in psychology for many years attention was paid to the … Read more

Lessons from Self Esteem Mastery

This little book widely surpassed my expectations. It is very concise and easy to read and I particularly like that it is completely science-based. The author dives into a recap of the history of research on the topic of self-esteem. In the 50′ Carl Rogers from the University of Chicago introduced the concept of self-esteem. His … Read more

Warren Buffett explains the ideal business

“That year, 15,000 people came to Omaha’s Woodstock for Capitalists. Buffett’s $36 billion fortune was once again exceeded only by Bill Gates’s. He had bounced back, almost to the top of the heap. “What is the ideal business?” a shareholder asked when the questions began. “The ideal business is one that earns very high returns … Read more

Why a trade deficit is bad

“Buffett had written an article for Fortune, “Why I’m Down On the Dollar,”20 in which he explained that he had made significant investments in foreign currencies out of a belief that the dollar would decline in value. The reason was something called the trade deficit: Americans were buying more from other countries than they were … Read more

La enfermedad coronaria empieza en la infancia

Cuando hablo sobre alimentación en base a plantas en las redes sociales suele surgir la pregunta. “Pero y qué pasa de mi hijo/a si necesitan carne para desarrollarse?” Primero recomiendo buscarle a otra nutricionista que si esta familiarizada con la ciencia. Dar de comer carne a niños les hace daño como explica el doctor Michael … Read more

Investing rule number one, don’t lose money

This excerpt from the book Snowball explains why taking debt to make up losses is tempting but not good. “The advent of the Bloomberg terminal, symbol of the new computerized trading, mirrored the ongoing struggle over Salomon’s identity, which continued within the firm. Its laggard businesses had never gotten back on their feet. In 1994, … Read more

Derivatives explained

Excerpt from the book The Snowball: Warren Buffett and the Business of Life “At the time that Buffett invested in Salomon, the market was near a breaking point. In his shareholder letter the previous March, he had said that money managers were so hyperkinetic they made “whirling dervishes appear sedated.” He didn’t have a partnership to … Read more

Lessons from University of Berkshire Hathaway

The book University of Berkshire Hathaway resumes the relevant lessons learned from the Shareholder meetings of Berkshire Hathaway. I got some very good insights into Warren Buffett’s and Charlie Munger’s wisdom from this little book. About the author’s After graduating with a philosophy degree — Daniel Pecaut, the author of this book — started to … Read more

Lessons from Arnold’s Total Recall

Lately, I’m reading more and more biographies and this one was certainly great not just because I love bodybuilding and have seen Arnold as an idol since I was a little kid, but also because this book gave me a deep insight into all his incredible achievements and the things he learned along the way. … Read more

The meditation transformation — Summary

Karl: This book is the first book I’d choose to recommend to someone interested to start meditating. Most successful people talk about meditation these days. Many would love to meditate but few do. The problem is that many of us think that meditation is somehow complicated, or we think we don’t have time. What is meditation? … Read more

Warren Buffet and Charlie Munger vs modern portfolio theory

Warren Buffet and Charlie Munger explain why volatility does not equal risk. This reasoning applies beautifully to cryptocurrency investing, in my opinion. Another important lesson is to not put too much trust in charts and statistics but rather apply, as Charlie calls it, “enlightened common sense.” “Buffett noted with fascination that what is taught about … Read more

60 seconds and you’re hired — Summary

This book focuses on the essentials of a good job application. Grab employers attention from the beginning Employers have to make quick hiring decisions so you should grab their attention quickly. If you feel under pressure just bear in mind that employers feel under pressure too, as bad hiring decisions cost their company a lot of … Read more

Meditation: How to set the right expectations – Excerpt

Excerpt from Your 3 best superpowers “HAVE REALISTIC EXPECTATIONS The next step in preparing to successfully meditate is to have realistic, grounded expectations of your practice before you begin. When I began learning to play the piano (which is a wonderful form of meditation, by the way), I was very enthusiastic. Learning scales was easy, … Read more

Becoming Steve Jobs – Summary

  Learn about the fascinating evolution of Steve Jobs Karl’s commentary: This biography distinguishes itself in that it shows a more humane, perhaps more realistic perspective of Steve Jobs. In contrast to other authors who have written about him, this author was very close to Steve which is the reason he is better able to write … Read more

Pitch anything — Summary

This book will show you how to persuade and achieve a dominant position Karl’s commentary: The author of this book has an interesting approach to effective communication and persuation with a mix of neuroscience, psychology and economics. The idea is to fill the gap between what you are trying to communicate to your audience and … Read more