Back in Germany
Food for thought by Michael Mauboussin, Howard Marks, Morgan Housel, Alex Morris, Louis Vincent Gave, Nick Maggiulli
Yesterday, I arrived in Germany and will be with my family for the next couple of weeks.
Jet lag has started to really affect me the past few years and I tend to get barely any sleep the first few days. And yet I already feel more relaxed and at peace. And also very grateful. Family and nature, what a powerful tonic.
Some light fare today with food for thought from Michael Mauboussin, Howard Marks, Morgan Housel, Alex Morris, Louis Vincent Gave, and Nick Maggiulli.
I am working on a 2022 recap piece and hope you are all getting some time to recharge your batteries. Remember, great investors treasure their downtime and know it will make them even more effective the rest of the year.
Thank you for reading and happy holidays!🎄
Everything I write isn’t really about money, it’s about time. Time with your loved ones. Time to live the life you want. In the end, all of your money will be converted back to time. And if not by you, then by someone else. Possibly after you’re gone.
Follow it up with a terrific piece by Morgan Housel on the life cycles of companies, brands, and even writers:
One of my goals as a writer is to bow out the moment I realize I’m too old to understand how the game is played anymore. Companies, with indefinite time horizons, have to keep trying. A few of them pull it off; more often it’s painful to watch.
Subscribers can keep reading.