Sunday Wisdom No. 2

Dear Reader,

There is a difference between the value you create and the value you capture.

If you only create value you won’t be able to make a living. If you only capture value you’ll go out of business, or be called a phoney. 

For example, if you are very diligent at your work, but nobody recognises your contribution, or somebody else is taking all the credit, you aren’t capturing much of the value you create.

Also, if you aren’t doing good work, and instead you are focussing all your energy in signalling, people would soon recognise you as an imposter.

You can read the full article here.


COFFEE AND JUNK

If Ambition Spells Probable Disappointment, Why Pursue Excellence? — How do you deal with failure? We all have a habit of saying, “It’s OK,” or “It doesn’t matter.” It’s a lie you tell yourself to let you feel that this failure didn’t get to you. In most cases, failures do get to you, and that’s why it hurts so much. In fact, failures hurt twice as much as successes feels great. What if we could find a way to grow stronger and get better through failure?

Outcomes Bias: This is What You Miss When You Judge Decisions by Their Outcomes — Take a moment to imagine your best decision in the last 6 months. Now take a moment to imagine your worst decision. It’s very likely that your best decision preceded a good result and the worst decision preceded a bad result. Drawing an overly tight relationship between results and decision quality affects your decisions every day , potentially with far-reaching, catastrophic consequences.


BOOK RECOMMENDATION

Spark: The Revolutionary New Science of Exercise and the BrainEveryone knows that exercise is good for our health. However, it can also transform our mind. SPARK by Dr. John J. Ratey is based on scientific research and teaches us how exercise is truly our best defence against everything from depression to ADD to addiction to aggression to menopause to Alzheimer's. A great read that would inspire you to live an active lifestyle.


ARTICLES WORTH READING

The Work You Do, The Person You Are — “I have worked for all sorts of people since then, geniuses and morons, quick-witted and dull, bighearted and narrow. I’ve had many kinds of jobs, but since that conversation with my father I have never considered the level of labour to be the measure of myself, and I have never placed the security of a job above the value of home.”

What If Everything You Knew About Disciplining Kids Was Wrong? — “Will was “that kid.” Every school has a few of them: that kid who’s always getting into trouble, if not causing it. That kid who can’t stay in his seat and has angry outbursts and can make a teacher’s life hell. That kid the other kids blame for a recess tussle. Will knew he was that kid too. Ever since first grade, he’d been coming to school anxious, defensive, and braced for the next confrontation with a classmate or teacher.”


WORTH THINKING ABOUT

“Most people don’t know why they’re doing what they’re doing. They imitate others, go with the flow, and follow paths without making their own.”

— Derek Sivers, Anything You Want


Best,
Abhishek

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