PERFECTION TRAP-PARALYSED BY POTENTIAL-PLANNING TO DEATH ANALYSIS PARALYSIS INACTION+FEAR Paralysis becomes a way to avoid Chaos of Action =Cultural Notions of Fear and Shame Social-Collectivist Construction =Fear of Failure -Over-researching =Too Smart for Their own

=Aswath Damodaran Insights Taking on Risks Doesn't Entitle you to Rewards Investing is Distributional it's not a Point Estimate There are No 100% Guaranteed Risky Investments Uncertainty is a Feature not a Bug (Growth rates,discount rates,consultants -are mental shortcuts used

=PURPOSELESS PURPOSE= -Purposelessness is the end=Purposefulness is the means -Desirelessness is the end=Right Desire is the means Human need of Meaning-Purpose-Passion-Legacy Stems from the Human Condition We are only species who have a 'Conception of Self'

-AMBITION- (etymology=eager, inordinate desire/striving-to go around-for honor/power-advancement) =Deterministic Genes and Social Mimetic Relativity Proximity of People+Place External-Internal Drive -Personality Traits rooted in Self Inner Voice,Self Belief Limits -Upbringing

-AI Specie of Homo Technologicus- AI is increasing Probability of Action AI is increasing Knowledge-Power AI is increasing Time & Opportunity AI is increasing Self-Belief,Confidence AI is reducing Analysis Paralysis AI is reducing Imposter Syndrome AI is reducing Cost & Risk

Don't Fall in Love with Your Stocks Strong Convictions Held Loosely Buy & Review don't Buy & Forget Trust But Verify Great Investors are Great Sellers Technicals(short term) Fundamentals(Long term) Reflect the Same Phenomenon The Market is the Best Fundamental Analyst Careful

-CAPITALISM WRAPPERS- Create Value by Abstracting Away Complexity-Easy to Use Quality Product for End Consumer into a Single Transaction In Reality Value doesn't come from Originality,but how Accessible,Simple and Useful Something is. Interconnected Multilayered Stack of

The Width of the Moat is More important than its Depth First Mover vs Later Mover Advantage Google Well Positioned Will Likely not Sell Transformer Chips Can Sell Whole Stack as an API Cloud Platform,Data,Hardware,App Cashflows to Fund Any insights Bill Gurley Sundar Pichai