Philosophy
I am writing this at the airport, and during my flight I kept reading “Shoe Dog” from Phil Knight, the founder of Nike. What a wonderful piece of writing! For so long, I haven’t come across such a book that I feel that I just cannot leave it. It
Philosophy
Can you answer this question: “Who is a good person?” All the answers will be around the words “honest”, “open-minded”, “helpful”, “unselfish”. I never heard someone saying “dangerous” to this question. Whereas I believe that it is a necessity to consider the context of being dangerous while talking about being
Business
The exponential returns in business are coming with your decisions, not earning for your time. Earning based on time and effort is crucial for anyone who is looking forward to starting a business. I believe that currently there is no escape from that. And there shouldn’t be. Earning based
Psychology
The following paragraphs are from the commencement speech of Charlie Munger at USC Law School in 2007. Charlie Munger has been an important mentor for me through his vision, and I would like to share his perspective on the concepts of “self pity” and “self serving bias” today with you.
Philosophy
I was going to a painting course when I was kid. I loved the smell of oil paint, the texture, and the visual manipulation that can be created through it. I was fascinated with painting natural scenes, and I was heavily influenced by Bob Ross. He taught young painters to
Philosophy
Knowledge production has been connected to our mental capabilities, rationality and resources to use. With the development of artificial intelligence, we are actually giving away responsibility to produce knowledge. Slowly but in a steady way, artificial intelligence should take over this role. What is knowledge production? When I write “knowledge
Philosophy
The obsession of reading books from cover to cover is a common phenomena among people whose parents were readers. Those parents probably taught them the importance of reading when they were kids, and also instructed them on the importance of reading books from cover to cover. What does “from cover
Personal Finance
Index is a score that represents the value of total securities in a given area of a market. Simply put, it is a grade sheet of a class. Imagine that markets consist of different classes. For example, from the US market, Standard & Poor's 500 Index specifically focuses
Philosophy
I was in the 11th grade. I came home from my training, ate and opened my notebook to study for my math exam. While checking the sheets, I thought about a simple idea. I asked myself, how many numbers are there between 1 and 2? The answer was “infinite”. I
Philosophy
According to my understanding, there are three main pillars of reality. Physics, arithmetic, and philosophy. All the calculations, all the theories, strategies, approaches and methodologies result from those three pillars. Reading about them builds a core background for any intellectual, entrepreneur or curious person to ask better questions. In the
Personal Finance
Understanding how dividends work is crucial for personal financial literacy. A dividend is basically the distribution of a company’s earnings. They can be distributed to stockholders monthly, quarterly or annually. Quarterly distribution is the most popular option among all. Assume you own an Intel stock. In principle, Intel Corporation
Philosophy
I used to think the quality of communication comes from speaking well. Now I realized that it is only partly true. Real communication deeply depends on listening. What I see from all my private courses and consultancy sessions is that people lack good listeners in their lives. People tend to