Capitalogix

Solid Advice from MMA fighter Chael Sonnen

Chael Sonnen is a famous retired mixed martial artist. He was also a coach on the show The Ultimate Fighter. 

The advice in the video is fantastic - whether you're fighting in the ring or your own personal battles. 

 

via UFC

Silencing the voice in your head that says "you can't" is impossible, but ignoring the voice, and learning to compete with it is entirely possible. 

Failure is an option, but it's the only option available if you don't try. Motion begets motion. And, with persistence, failure can be a stone on the path to eventual success. 

Onwards! 

Here Are Some Links For Your Weekly Reading - June 7th, 2020

 

Here are some of the posts that caught my eye recently. Hope you find something interesting.

Lighter Links:

• How Science Fails. (Aeon)
• When Everyone Can Work from Home, Who Goes Back to the Office? (Quartz)
• Nvidia's AI Recreates Pac-Man from Scratch Just by Watching It Being Played. (TheVerge)
• Demystifying Deep Learning and Artificial Intelligence. (TheNewStack)
• Your Organization Needs a Proprietary Data Strategy. (HBR)

 

Trading Links:

• United Airlines Restores Flights at 150 U.S., Canadian Destinations in July, Add Nonstops. (USAToday)
• Apple Share Price Hits All-time High after Recovering from COVID-19 Losses. (Cult of Mac)
• Zoom Reported a Perfect Quarter. Why Its Stock Reaction Could Suggest Trouble for Much of Tech. (Barrons)
• What Does the Shocking Unemployment Report Really Mean? (The Atlantic)
• Markets are Upside down Right Now as Young Hedge Fund Chiefs Face Their First Crisis. We Dug up What the Biggest Managers from Cliff Asness to David Tepper Said They Learned from Last Major Economic Downturn. (BusinessInsider)

 

Are You A Maverick Or A Heretic?

I have a tents problem. I keep buying tents, but I never go camping. Just kidding - I don’t own a tent. I have a tense problem – because I’m so excited about the future and what’s possible that I sometimes lose track of what’s been actualized "in real life" already.

Once I’ve thought it, it becomes real for me. Once I’ve figured it out and told it to someone ... on some level, it's already done. And, I’m probably moving on to the next idea or challenge in my head (like: And what would that make possible?).

I think this is common among (to use a Kolbe term) Quick Starts. I love being around entrepreneurs because a lot of them are Quick Starts, and they share this future-focused perspective. The problem, however, is that when you say something’s possible that hasn’t been proven yet, the average person responds with “no it’s not.”

I’ve seen the pattern over and over, both in my own company and in my friend’s companies. At my company, we have a lot of data scientists - and they’re almost all naturally pessimistic. Which makes sense; if you were going to hire a personality type to be a scientist, you’d want someone who didn’t believe their hypothesis until they’ve proven it. It’s the right personality for the job, but it doesn’t mean they’re right, and it certainly doesn’t mean that approach is right for the visionaries.

I’m not telling everyone to be visionaries. What I am saying is, if you’re naturally a visionary, feel free to embrace it, but surround yourself with people who keep you grounded in reality. We’d never have innovation if it wasn’t for you, and innovators wouldn’t ever get anything done if it wasn’t for other personality types.

Information Is Beautiful put together an interactive list of famous ideas rejected that were later proven correct. You can filter by industry - Astronomy, Biology, Engineering, Mathematics, Medicine, Physical Sciences - and by other factors like how long the originator was a pariah, how they were treated due to their idea, and when the idea was formally adopted. Click to see the interactive version. 

via Information Is Beautiful

In 895, Al-Razi believing a fever was a natural defense mechanism got him beaten.

In 1592, Giordano Bruno believing the Sun was one of many stars got him killed. Shortly after, Galileo Galilei was imprisoned for believing the earth wasn’t the center of the solar system.

Losing some of the stakes, in 1884 and 1903 respectively, Nikola Tesla and the Wright Brothers were ignored and rejected for their technological innovations.

Even today you can see the initial response to visionaries like Peter Diamandis or Elon Musk.

The status quo is comfortable, but if you’re standing still you’re moving backward.

Are you a maverick or a heretic? You won’t know until you see it to the end. You may experience failures, but that’s the experience for your next endeavor.

"I have not failed. I've just found 10,000 ways that won't work." - Thomas Edison

Onwards!