I have finished listening to all episodes and learned a lot. As a university student, I don’t have much spare money to invest, but I absorbed many investment ideas and applied them to various other areas, such as how to manage teams, invest my time, and so on.
So far, I have accumulated 6 spots which I have given to my team members, partner, and parents. In the future, I will continue recommending them to more people. If you want to purchase but can’t find someone to group buy with (a two-person group buy is the cheapest), feel free to contact me.
I have left many notes and shared them in various episodes (shamelessly self-proclaimed as the most active listener in discussions, haha).
Here I’m sharing two segments I consider the most important:
First Segment
An excellent leader is like an excellent fund manager, except that what they manage is not money but the time and energy of team members. They need to ensure that members accept, with reason and evidence, that spending time and energy on the leader’s planned direction will yield far better returns than tinkering on their own.
Second Segment
Let’s transfer the knowledge and replace these three systems with a student’s perspective:
• Research System: After some reflection and communication, decide on your short-, medium-, and long-term plans for the upcoming semester or even several years.
• Execution System: Strictly follow the plan, but if you want to change it, communicate with others or yourself and provide enough sufficient reasons to change past plans, leaving traces for future review to understand why you made the changes.
• Risk Control System: Set up several circuit breakers, and once triggered, the plan must be immediately terminated, adjusted, and then executed again. For example, in extreme situations like finals + new romance + internship, when you have no personal time daily (for me, having some personal time is a baseline in life).
Combining these three systems allows you to walk on a path that you believe is correct at every stage. This path can change direction but must be a change made after some investment, not a half-hearted attempt. For example, deciding to study something and then giving up after a short time. Finally, the risk control system ensures you don’t cross your own baseline.