Books: the things people pick up to promptly put down. I’m going to get you guys up to speed on what I’m currently reading, what’s coming down the pipeline, and what the top 4 books I’ve read in the past year. If you stick around to the end, I promise to treat you to a goodie bag – yippie ki-yay!
Interrupting your regularly scheduled broadcast of my monotone voice reading out Berkshire Hathaway’s annual shareholders letter from 1977 onward (find 1977 here and 1978 here) – which got interrupted, first by a weekend of intense video gaming with a friend visiting from out of town and then by Father’s Day, but should be back on track starting this weekend with 1979 almost fully recorded – I recently finished Why We Snap: Understanding the Rage Circuit in Your Brain by Douglas Fields and I wanted to try something slightly ambitious: connect the main concept of the acronym LIFEMORTS from the book into the Trump phenomenon. Bloody hell that sentence was the length of a paragraph. My sentences seem to get longer and longer with each passing year out of school.
The full audio of the 1978 Berkshire Hathaway Shareholders Letter is out. Here are my curated thoughts from the letter. This one is a long one, so grab a coffee and settle in.
For a long time now, I’ve been meaning to read all of the Berkshire Hathaway Shareholders Letters penned by Warren Buffett. I’ve been putting it off and off and off. It doesn’t help that I always seem to have something constantly on my desk to read. So I’ve decided I would leverage the commitment and consistency bias and trick and force myself into reading all of the shareholders letters by making it into a bit of a challenge.
What I’ve done to trick and force myself into finally doing this project is to record it and put it on Youtube. Since I wasn’t reading the damn things even though they have been sitting on my desk for years, I figured making a more interesting project out of them would give me the kick in the ass I needed. Strangely, audio recordings of the shareholders letters don’t exist. Perfect. This is now my mission until all the letters have been read and recorded.
Now, the obvious pitfall here is that you will be forced to listen to my gravely voice. However, hopefully the audio is acceptable and listenable enough to get value out of it. I hope to get one of these processed each week. Be on the lookout. If you have any feedback on the quality of the audio, the mediocre vocal talent, or anything in particular of how these are put together, I would be grateful.
There’s a quip that Warren Buffett likes to throw around frequently which goes along the lines of:
The chains of habit are too light to be felt until they are too heavy to be broken.
What’s the first impression you got after reading that? That’s right: a negative impression. You most likely thought of the negative consequences of habit. Things like hookers, blow, needles, hooch, etc.
While it’s advisable to avoid these things in life, there is a whole other side of the equation of that nugget of wisdom that takes a little more effort to ferret out.
Why hello there. The dream is over. Snap back to reality. In case you didn’t notice – I won’t be offended if you didn’t – we were away for most of April travelling in Europe. A good friend was getting married and we figured if we’re going over for the wedding in England, why not pack in some Edinburgh and Iceland as well? It’s like when you go buy a new car: since you’ve already committed a few ten Gs, whats a few Gs on all the lovely extras the salesman pushes on you? Anyways, the trip broke into 3 main components: England, Scotland, and Iceland. This will be incredibly easy for you: pictures. Go on, you can do it.
Life’s been busy in 2016. Lots of stuff going on that took my attention away from here. We’re off for the UK and Iceland in a week. UK for a friend’s wedding and Iceland because… why not? So we used those points off our credit card to redeem 2 return flight to London from Vancouver. Well, we had enough points to redeem our flight to Iceland as well – in the end, we erased $2,600 in airfare costs. It’s been a net zero cost to us to use this card to redeem all that value. Credit cards can be very lucrative if used correctly. Anyways, we’ll be gone for awhile so the next time you hear anything from here, it will probably be a bunch of pictures of Iceland. We’ve read basically all the Lonely Planet style guides to Iceland, but if you’ve been and have any off the beaten track recommendations, would be much appreciated!