Summary: The newsletter “Brain Food” emphasizes the importance of simplicity in problem-solving and decision-making. It highlights that true mastery comes from finding elegant solutions rather than complicating matters. Success is achieved through consistent effort and clear thinking, allowing one to improve their position and options in life.
Mastery isn’t making the simple complex—it’s finding the elegant simplicity that cuts through the complexity. (View Highlight)
Excellence isn’t about occasional brilliance – it’s about consistent execution. (View Highlight)
The greatest aid to judgment is starting from a good position. The company with cash on the balance sheet and low debt has good options. When bad times come, and they always do, their options go from good to great. On the other hand, a company with no cash and high debt has nothing but bad options to choose from. Things quickly go from bad to worse. (View Highlight)