A purely functional approach to solving a user problem tends to lead to an overall disjointed user experience. A purely experiential approach to solving a user problem tends to lead to an unruly infrastructure that becomes harder and harder to maintain overtime.
The discipline is to explore the different alternatives to tease out the intersection that best satisfies form and function at each crossroad of a product’s development.
The second order constrain is the trade off between time/resources and variants explored.
The third order constrain is the utilization of time to build capababilty to translate resources to number of variants to be explored.
Time is thus the highest order constrain to building a strong solid foundation. Trees that grow taller and has denser trunks tend to have a longer time maturity. A by-product is their fire resistance. The sequoia tree avoids unnecessary extravagance but conserves all its energy to grow quietly, adamantly and deeply to achieve a majestic presence overtime.
I was driving to Edmodo this morning when SIRI recited to me the section of the book on the Muses and the higher spiritual planes. I was stopped at the intersection just shortly after SIRI mentioned the vision the author had of becoming one with an eagle during his meditation when I saw this giant bird with a great wing span landing to perch on lamppost that I was about to drive under.
I was the very first time I saw such a bird in this parts of town. Must be a coincidence.
I wonder if Seth Godin’s recommendation of this book was resultant of similar experience he had when reading this book
The main challenge with sticking to the strategy of loss aversion & reversion to mean is, as Charlie Munger has said it, being able to stand there and do nothing when no trading pattern emerges for multiple days in rows.
During this period of time, restlessness creeps in and the mind becomes more susceptible to the narrative fallacy or apophenia ( seeing patterns and trajectories when none exists). Inevitably one gets tricked into nursing grandiose visions of what the future might be and while leaving the physics of reality behind…
Actual costly examples:
- Spotify 2nd May 2018 @168 when it continue its climbs
- net loss on the swing -USD1,016.04
- Tesla 10th May 2018 @ USD308 when it continue its climb
- net loss on the swing -USD5138.85
- DocuSign 18th June 2018 @ USD65.66 when it continued its climb
- net loss on the swing -USD6023.37
- Dropbox 18th June 2018 @ USD42.53 when it continued its climb
- net loss on the swing -USD928.21
Accumulative screw ups: -USD12,986.72
Had I not succumb to the siren calls of the narrative fallacy and retained my ability to sit and down nothing, I might have the opportunity to enter on the dip instead of the up.
Nevertheless all hope is not lost, the path remains clear and apparent. That is to diligently practice the craft of adhering to the script while acknowledging the psychological biases.
Ironically, the practice of investment is synonymous with the practice of mindfulness.
While chatting with Adi today, I realized two huge reason why people continue showing up for work is because of habit and fear.
I recalled this irony I read somewhere else where people started out wanting to change the world but ended up becoming really wealthy but never really achieving what they originally set out to do. Its a tragedy.
A few symptoms resulting from a lack of clarity in what you want are FOMO and the need of keep up with the Jones.
If you judiciously worked back from what you want to what you need to do, you will very quickly realize there are a lot of things you are doing now that might be totally redundant. Dropping of these redundant efforts will immediately increase you overall quality of life by freeing up more time while simultaneously getting you closer to what you want.