Majicman Notes

Blog

  • Some of life’s gifts come from embracing the new encounters

    Life is full of unexplainable things, and it can make us uncomfortable to not have the right words or complete understanding. We love certainties because they give the illusion of control, even though there is… Read more

  • Skill is just recognizing when you’ve gotten lucky

    Skill is just recognizing when you’ve gotten lucky. It’s when you’ve been fortunate enough to make an investment in a great company, and suddenly you realize just how very lucky you were, and you buy… Read more

  • You can always tell someone to go to hell tomorrow

    Warren Buffett on holding your temper: “My good friend and hero, Tom Murphy, had an incredible generosity of spirit. He would do five things for you without thinking about whether you did something for him.… Read more

  • Tail-end events are all that matter

    There are three distinct sides of risk: • The odds you will get hit. • The average consequences of getting hit. • The tail-end consequences of getting hit. The first two are easy to grasp.… Read more

  • It’s frightening to think that you might not know something

    It’s frightening to think that you might not know something, but more frightening to think that, by and large, the world is run by people who have faith that they know exactly what’s going on.… Read more

  • The avocado principles

    1. If you wait until you really want an avocado, the market won’t have any ripe ones. You need to buy them in advance. 2. If you eat an avocado that’s not quite ripe, you… Read more

  • GO FOR GREAT

    The most important lesson I learned from him that night was: GO FOR GREAT. In typical Charlie fashion it is a combination of 4 simple ideas: 1. Charlie looks at everything through the lens of… Read more

  • So that’s why it’s important to take risk when you’re young

    So that’s why it’s important to take risk when you’re young because as you get older, you have more downside risk. So you’ve got nothing to lose at your age, you take the risk and… Read more

  • But in the end, they always fall

    When I despair, I remember that all through history the way of truth and love have always won. There have been tyrants and murderers, and for a time, they can seem invincible, but in the… Read more

  • What is the cost of lies?

    What is the cost of lies? It’s not that we’ll mis­take them for the truth. The real dan­ger is that if we hear enough lies, then we no longer rec­og­nize the truth at all. Chernobyl… Read more