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Seven-Bullet Monday - June 27, 2022

Here is your Seven-Bullet Monday

1. A quote I am pondering:

"Start fast and FINISH STRONG." — Gary Ryan Blair

I like this quote because it tackles both the starting and finishing essential things. If you feel compelled to do something, make sure you start it before your enthusiasm wanes. But then, also make sure you go through with it.

2. A question I am asking myself:

Why don't I take my advice?

I often wonder why I am not better at doing what I advise others to do. I have been saying to myself, "Surgeon - heal thyself" because I know what to do, and now I need to do it.

3. A book I am reading:

Competing in the New World of Work: How Radical Adaptability Separates the Best from the Rest - Keith Ferrazzi

In this book, Keith Ferrazzi (author of Never Eat Alone) shows how leaders can shape their organizations and practices to remain competitive in a new, post-pandemic world. To do this book, his team interviewed thousands of executives and innovators. It contains many novel models, organizational systems, and cultures to bring about the best hybrid work plan for the future.

4. My favourite podcast this week:

The Daily - The Supreme Court Case That Could Doom US Climate Goals

This podcast brings to light the legislative power struggles in the US between Congress, Presidential Executive Orders and Federal Agencies. Bizarrely now, the US Supreme Court is being asked to rule on a yet-to-be-issued Biden Executive Order on reducing electricity production from thermal power stations.

5. Hugh-Tips

Lessons from Charlie (Part V)

Charlie Munger's quote this week: "Crowd folly, the tendency of humans, under some circumstances, to resemble lemmings, explains much foolish thinking of brilliant men and much foolish behaviour."

To be a successful investor, you must think independently of the crowd. This is never more essential than when the market is euphoric or miserable, like it is now. Warren Buffet said, "We are fearful when others are greedy, and greedy when others are fearful." So, as the world looks anxiously to the future and considers record inflation, impending recession and negative vibes everywhere, know the sun is still shining, the earth is still turning, and life (and industry) will continue. It may take months, or more likely years, until the market is shiny again, but when that time does come, you want to be looking back on some sound investments you made in times like these.

6. My highlight this last week

Stand-up Paddleboarding for the very first time (and with a dog on board)

Leanne and I finally christened our stand-up paddle (SUP) boards this weekend at the beautiful and secluded Kate's Bay on Bowen Island. And to make our first-time SUPing more challenging, we decided to teach a pair of 50 lb dogs to SUP simultaneously. I bailed more times than I could admit, and the dogs loved the cold sea more than I did. Otherwise, I absolutely loved the experience and plan to do a lot more SUPing this summer.

7. My challenge to you for this week

Make sure you are thinking more positive thoughts than negative thoughts

Like the proverb says, "As a man thinketh, so is he." our thinking drives our emotions, and along with it, many of the outcomes of each day. So, if you want to feel better emotionally and have better days, as a result, make sure your positive thoughts are outnumbering any negative thoughts by a good margin. Don't let those negative thoughts squat in your life. Instead, practice your ownership rights and evict them, to be replaced with intentionally positive and grateful thoughts. It may feel a little false or unrealistic to begin with, but as you persist, you will feel lift-off, and your day will be transformed.

Have an awesome week

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