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Seven-Bullet Monday - August 1, 2022

Can you believe we are already in August?

Here is your Seven-Bullet Monday

1. A quote I am pondering:

'Do the hard jobs first. The easy jobs will take care of themselves." – Dale Carnegie

Don't you love the feeling of finally completing a demanding job or unenviable task that you had been putting off for some while? If we can hit the hard jobs first thing in the morning, when we have the most energy and willpower, the rest of the day should be a breeze.

2. A question I am asking myself:

How can I, every day, progress towards my five-year goals?

To achieve the long-term goals, I need to be working on them every day. Jim Rhon said, "Success is nothing more than a few simple disciplines practised daily." So for me, it's finding the discipline to at least do something every day, whether big or small, to ensure I keep making progress.

3. A book I am reading:

The Glucose Revolution: The life-changing power of balancing your blood sugar – Jessie Inchausé

The Glucose Revolution is an eye-opening book on how our bodies respond to glucose and how glucose impacts everything from weight, to sleep, moods, energy and skin condition. I learnt the importance of eating food in the proper order and how this change alone can improve our health. It is worth a read if you are interested in your food and how to eat smarter without necessarily reducing your calorie intake. For me, it will be mainly savoury breakfasts and salads before meals later in the day.

4. My favourite podcast this week:

The Great Speech Podcast – How to Network with Kingsley Atkins

In this podcast, Kingsley Atkins talks about how to network, why introverts make better networkers than extroverts and why we should use the word 'network' and not networking. There are many valuable lessons from the podcast, especially for those with smaller networks than they would like.

5. Hugh-Tips

Lessons from Charlie (Part X)

Charlie Munger's quote this week: "People calculate too much and think too little."

It is relatively easy to develop an investing philosophy that seems to make sense on the surface. We then jump to calculating the gains we can make and spend more time licking our lips than testing the investing philosophy. This is where we want to investment-think like icebergs, not ice cubes. An iceberg only shows 10% of its volume above the surface. So, when we express an investing philosophy, it is just a 10% showing. There is another 90% of deep thought that supports that 10%. Contrast that with an ice cube thinking investor, who pops out a view with only a moment's reflection and then another and another. These views are like little ice cubes that bob around on top of the water and quickly melt away. Iceberg investing thinking takes longer to produce, but it will surely give better investing results than ice cube investing thinking.

6. My highlight this last week

Getting by with a little help from my friends

True friends are awesome, and this week, they came to help me on several occasions, ranging from giving me some welcome counsel to attending a function with me, to creating an opening, to helping me make some critical decisions. In relationships, we want to ensure we deposit at least as much as we draw. But when we need to draw and our friends deliver, it is an enriching place to be. Thank you, my friends! #RealFriendsAreAwesome

7. My challenge to you for this week

Smile at yourself in the mirror for five seconds

No, I am not crazy, so please try and let me know how you feel. I did and felt immediately uplifted and in a better mood. Science has shown that the mere act of smiling can lift your mood, lower stress, boost your immune system and possibly even prolong your Life. Now you have done it once, try it every day this week!

Have an awesome week

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