I’ve had an intense week thanks to a scheduling snaffoo that essentially booked a meeting every hour, on the hour, several days this week. So my writing has been sporadic as has my reading. But where I’ve found the time I’ve devoted it to deeper topics. Here are some of my highlights of the week.
I finished reading The Power of Habit. I can’t recommend this book more. Since I listen to audiobooks now more than I read with my eyes, I don’t have the same voluminous highlights as I did when reading Kindle books. So when I finish I sit down and write a few notes that I want to remember from the book. Here are my notes from The Power of Habit.
This week I’m reading Fooled by Randomness. I can’t stop thinking about a character called Nero, a stock trader who chose a less glamorous (and less profitable) path in his career. And is generally happy with it. So far this book is a winner. Check out this passage:
Why isn’t Nero more affluent? Because of his trading style–or perhaps his personality. His risk aversion is extreme. Nero’s objective is not to maximize his profits, so much as it is to avoid having this entertaining machine called trading taken away from him. Blowing up would mean returning to the tedium of the university or the nontrading life. Every time his risks increase, he conjures up the image of the quiet hallway at the university, the long mornings at his desk spent in revising a paper, kept awake by bad coffee. No, he does not want to have to face the solemn university library where he was bored to tears. “I am shooting for longevity,” he is wont to say.