When his company grew and he ran out of time to interview people himself, he had his employees rate new candidates on a 1–10 scale. The only stipulat… - Tim Ferriss
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When his company grew and he ran out of time to interview people himself, he had his employees rate new candidates on a 1–10 scale. The only stipulation was they couldn’t choose 7. It immediately dawned on me how many invitations I was receiving that I would rate as a 7 — speeches, weddings, coffees, even dates. If I thought something was a 7, there was a good chance I felt obligated to do it. But if I have to decide between a 6 or an 8, it’s a lot easier to quickly determine whether or not I should even consider it.
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Tim Ferriss
Timothy Ferriss (born July 20, 1977) is an American author, entrepreneur, and public speaker, best known for his 2007 book The 4-Hour Workweek: Escape 9-5, Live Anywhere, and Join the New Rich, which was a New York Times and USA Today bestseller.
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Wikimedia Commons, Jeff Kubina from Columbia, Maryland (CC BY-SA)
One of my favorite quotes is by Ralph Waldo Emerson: “To laugh often and much; to win the respect of intelligent people and the affection of children . . . to leave the world a bit better . . . to know even one life has breathed easier because you have lived; this is to have succeeded.
Charles Munger, right-hand adviser to Warren Buffett, the richest man on the planet, is known for his unparalleled clear thinking and near-failure-proof track record. How did he refine his thinking to help build a $3 trillion business in Berkshire Hathaway? The answer is “mental models,” or analytical rules-of-thumb4 pulled from disciplines outside of investing, ranging from physics to evolutionary biology. Eighty to 90 models have helped Charles Munger develop, in Warren Buffett’s words, “the best 30-second mind in the world. He goes from A to Z in one move. He sees the essence of everything before you even finish the sentence.
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