Quotes

Some interesting quotes:

• Day by day, what you choose, what you think, and what you do, is who you become - Heraclitus
• I am not what happened to me. I am who I choose to become - Carl Jung
• When you are alone, mind your thoughts. When you are with friends, mind your tongue. When you are angry, mind your temper. Whn you are with a group, mind your behaviour. When you are in trouble, mind your emotions. When God blesses you, mind your ego.
• The opinion of 10,000 men is of no value if none of them know anything about the subject. - Marcus Aurelius.
• Discussions are always better than arguments, because an argument is to find out who is right, and a discussion is to find out what is right - Morgan Freeman?

Invert the Problem

One of  things Charlie Munger is well-known for is his principle to 'always invert'. Was trying to understand what this technique was about. He has some good YouTube videos explaining how he uses it.

As far as I can tell, it works something like this.  If you wanted to figure out how to ensure your project ends up successful, you should invert that problem and ask, how can you make the project fail? If the project fails, then it cannot be successful. If somehow you can prevent it from failing, then you have increased the chance of making it successful. 

Understand the causes of failure, and then prevent them and avoid doing them.  In addition to how you can make the project fail, think about what else can make the project fail, and then plan against them. The latter is more risk management though.