I've just read another great investors' book "Richer, Wiser, Happier" by William Green. Filtering it through my "painful" experience, of doing everything wrong, here are few notes in that perspective.
Chapter I. Copying is not that bad, that's my experience and first chapter is about. Pabrai copied Warren Buffet idea buying low cost. My wife copied ABC Yoga project. To succeed shamelessly copy others people's best ideas, and celebrate success together!
Chapter II. Being lonely, makes you independent and distinguishing from the crowd.
Chapter III. World is constantly changing, stability is not an option, however it's better to HODL assets.
Chapter IV. Be resilient to wild market. Life is not simple the same as market, respect reality.
Chapter V. Keep it simple, better done than perfectly planned.
Chapter VI. And there's no rush.
Chapter VII. Be consistent in your strategy, even if it's not the best, it will compound over time.
Chapter VIII. Avoid common errors, and try again, if possible, just improve what did not go well. It's difficult to be smart, but it's possible to go around problems. Charlie Munger.
Being rich means to have fulfilled life, a lot of friends, big family, many tasks and plans. And it's all about people. We're living for someone, not for something. Van Den Berg.
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