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🎙️ Staying Focused
[2 minutes to read] Plus: Lessons from Joel Greenblatt
Shawn O'Malley & Matthew Gutierrez
January 06, 2024
Weekend edition
Week one of 2024 is in the books, folks, and we’ve already broken half of our resolutions.
💭 So, we’re starting fresh this weekend as if it were Jan. 1 all over again. Who’s with us?
— Matthew and Shawn
QUOTE OF THE DAY
“People think focus means saying yes to the thing you’ve got to focus on. But that’s not what it means at all. It means saying no to the hundred other good ideas that there are. You have to pick carefully.”
— Steve Jobs
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TUNE IN
🎧 Darwin’s investing lessons with Kyle Grieve
🎥 Naval Ravikant’s three rules to getting rich
🎥 Why more Americans are going child-free
🎧 The power of mentorship with Chris Powers
WHAT WE’RE READING
📖 Books: Four Thousand Weeks by Oliver Burkeman
📰 Long-form articles: Four new rules for investors in 2024
🗞️ Advice: Seven ways to bring a dead friendship back to life
TRIVIA
According to The Chronicle of Philanthropy's annual list, which billionaire made the largest single donation in 2023? |
TWEET OF THE WEEK
Joel Greenblatt is one of the best investors in the world.
Between 1985 and 2005, his Magic Formula compounded on average with 33% (!) per year.
Learn everything you need to know about Joel Greenblatt here:
— Compounding Quality (@QCompounding)
5:13 PM • Jan 3, 2024
FINAL THOUGHTS
🔢 One Big Number: 216,000 — number of jobs the U.S. economy added last month, the Labor Department reported Friday. That’s larger than November’s gain and more than expected, capping another strong year of hiring (2.7 million jobs in 2023).
🧹 Housekeeping note: Congratulations to Jeffrey T. of Vancouver, Canada, and Jeremy C. of Chesterfield, Virginia, for winning $50 Amazon gift cards as part of our reader survey raffle.
We’ve still got one more Amazon card to give away, and if you’d like to support us by helping us get to know you, our readers, better, then please still consider filling out the survey if you haven’t already — thank you!
See you next time!
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