Blog
Professional athletes require unique financial planning due to the amount of compensation and timing of the earning career. Athletes, with their families, should create a financial plan that spans the playing career, transition to post-play career and long-term life goals.
Information for educational purposes only.
On Sleep: Brad Stulberg
Sleep may be more active than you once thought pic.twitter.com/HKXaa08HuA
— Business Insider (@businessinsider) June 21, 2018
When testing the outer limit the final decimal of performance lies within the battlefield of the mind.
Begin with End Game and Creating Empty Space: Tim Ferriss
“You have to make tough decisions and you have to be able to resist pressure. And survive after psychological blows and losses.” Kasparov
How Life Imitates Chess, by Garry Kasparov, is a wonderful book and available on Audible.com.
On Chess: Garry Kasparov
“…trying to find a way to share a sense of purpose so that you can overcome the natural barriers of a difference of culture to do something really difficult.” Chris Hadfield
Three qualities required to be an astronaut.
Stress Management Plan: Jocko Willink
A former Navy SEAL commander explains how to handle stress over things you can't control pic.twitter.com/fat7WS5Mn9
— Business Insider (@businessinsider) May 26, 2018
“…tended to raise the bankruptcy rate of close neighbors by 6.6 percent.”
Keeping up with the Joneses: Neighbors of lottery winners are more likely to go bankrupt. @BW's @petercoy explains why pic.twitter.com/rV7cN89LK8
— Bloomberg TicToc (@tictoc) May 29, 2018
“What is it you think you have that’s made you successful?” (Minute 10:00)
Andy Grove, "Only the Paranoid Survive" https://t.co/jQGPpVdXlv via @charlieroseshow
— Li Chang, CFP® (@LiChang8) May 28, 2018
Race to the South Pole (1911): Roald Amundsen v. Robert Falcon Scott (Minute 7:10)
Jim Collins, "Great by Choice" | https://t.co/CwZ5IPoOuq via @charlieroseshow
— Li Chang, CFP® (@LiChang8) May 28, 2018
“It requires insulating yourself from popular opinion.” Warren Buffett
Buffett on the qualities needed to be a great investor https://t.co/hu19V2mu8i
— Li Chang, CFP® (@LiChang8) May 27, 2018
Circle of Competence: Buffett and Munger
How to know when you're in your "circle of competence" https://t.co/14UXkl6lc1
— Li Chang, CFP® (@LiChang8) May 27, 2018
On Competitive Advantage: Warren Buffett
How Buffett decides it’s a time to sell a stock https://t.co/uWfoTWZIdg
— Li Chang, CFP® (@LiChang8) May 27, 2018
“Everytime you appoint a new person that’s never had big capital allocation experience it’s like rolling the dice. We are way better off having done it for so long. The decisions blend. The one feature that comes through is the continuous learning.” Charlie Munger
An excellent read is the The Tao of Charlie Munger, by David Clark, which is a compilation of quotes by Mr. Munger. The title is available on Audible.com.
Munger: "A life properly lived is just learn, learn, learn" https://t.co/N3sOeXM14Z
— Li Chang, CFP® (@LiChang8) May 27, 2018
“The decisions blend. The one feature that comes through is the continuous learning.” Charlie Munger
Munger: "A life properly lived is just learn, learn, learn" https://t.co/N3sOeXM14Z
— Li Chang, CFP® (@LiChang8) May 27, 2018
“You guys, got to be ready. I mean like I said, I don’t care if you get slapped in the face, clawed in the eye. You got to remember, hey, I am not going to try it next year. This is the one you have to get after.” Dan Gable
Was Dan Gable talking about having fun in 1981?
Dan Gable pep talk to team before NCAA finals 1981.wmv https://t.co/3ZmPCHMJdo via @YouTube
— Dan Gable Museum (@wrestlingmuseum) March 23, 2018
“But you wrestle harder because of it, then you have a very good chance.” Dan Gable
Dan Gable on respecting your opponent. pic.twitter.com/V0ptfnTvqj
— Dan Gable Museum (@wrestlingmuseum) March 6, 2018
On Ego and Cultivating Quality: Josh Waitzkin
Mr. Waitzkin’s book, The Art of Learning: An Inner Journey to Optimal Performance, is on my top five book list. Available on Audible.com.