Whose advice should I take?
This site is mostly advice, so here’s a path on how to take it. It ends with two lists. Read them, then write your own.
- Do It Your Way
Housel argues the best strategy is the one that fits your personality, from talented bloggers who fizzled under media company style guides to investing and spending choices that suit you.
- Be Wary of Imitating High-Status People Who Can Afford to Countersignal
Henderson argues you should copy people a little ahead of you rather than stars, since successful people can afford countersignals like humility or not self-promoting that would hurt someone just starting out.
- Truth is Overrated
Greenfeld argues that because every piece of success advice has an equally valid opposite, the skill is knowing when to use which, and that usefulness, even useful delusion, matters more than truth.
- Very Good Advice (flipped)
Morgan Housel's Very Bad Advice list rewritten as its positive version, on envy, status, independence, self-worth, and whose example to follow.
- Some Things I Believe
Friedman's credo: reshape the world with technology, move fast because time is the denominator, keep teams small, empower great individuals, and distrust the efficient market.
Next path: How to think more clearly