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24 juli 2015

Shooting for the wrong stars will land you in the gutter of Hollywood Boulevard

Theme of post: If you don't change direction you might end up where you're heading

Reading time: 2-5 minutes, depending on how long you spend on my list of role models

floyd mayweather and maria Sharapova
Floyd and Maria (Sharapova)

Choose your role models carefully

If your favorite celebrities are Floyd Mayweather, Messi, Ronaldo, Djokovich or Tiger Woods, the odds that you are going anywhere relevant are not ever in your favor. The same goes for U2, Lady Gaga, Justin Bieber and Taylor Swift. Actually, Justin Bieber is the one to emulate if anyone. However there can be only one Biebernator.

If you keep staring at the opposing traffic lane, you risk ending up there.

If you actually did become the next sports or music superstar all would be well. However, you're more likely to end up in the suburbs of LA handing out free ass passes. Come to think of it, it's not that different from JBs life as I imagine it.

A financially or spiritually rewarding occupation, which is more important?

We all want to have fun, be happy and feel fulfilled. But money is also nice, given it serves a different purpose than making others envious.

Peter Diamandis asks his students at Singularity University what they would do with a billion dollars - if they couldn't spend it on themselves (or friends, family, conspicuous consumption and so on).

Coveting fame for fame's own sake is something you should seek professional help for. Wanting money to buy fame is a symptom of an even worse personality disorder. Pursuing wealth to gain personal freedom or to make the world better, however, is something else altogether.

Think hard about your priorities; what life will look like in the retrospect if you take a certain path. Then choose the right role models, the ones that will act as a magnet on your life's course.


From negative role models to positive

I wish I had had more guidance on things like this. My list came about as I realized that certain people already were doing what I thought I had to be the one to do to get it done. I always felt relieved every time I found a worthy master of an area, since it meant I could leave it to them.

One of the more important was David Simpson and his book series (heptology?) Post-Human. After reading the first few books in that series, I knew I didn't have to bother with writing Singularity Fiction, since the best was already done.

Then I found the blog Wait But Why by Tim Urban, but this time, rather than dancing naked in the streets of joy that I didn't have to try to write a really good blog about this and that, I just felt inspired to do something equally good.

Gradually I realized I had at least one role model in every interesting area of life. I still sometimes think of them in 'negative' terms, i.e., that I don't have to do what they have already mastered. Mostly however, they just inspire me to be better and not be afraid give it a try even in their particular areas of expertise.

That's it really for this time. Try listing your own role models. Do they feel right? Are they in the relevant areas for you? Perhaps you should look for others? Before you leave, don't forget to subscribe to my newsletter (you'll get a useful and somewhat fun eBook, for free, about how investment decisions were really made at the Hedge Fund Of The Decade 2000-2009)

Here is my list: 

Role models

Overall: Richard 'Dick' Feynman (physicist, bongo drummer, safe cracker, womanizer, Nobel Prize winner, teacher, the first Nanotechnologist [in 1959!]). He has done it all and is among the smartest and simultaneously most humble people alive. Always curious, never giving a damn about what other people think about him, always investing.

Economics (sub category Pedagogy): Peter Schiff. I hope to write a similarly pedagogical and readable book on an as highly relevant and important topic as Schiff's How An Economy Grows...

Finance: Klarman (psychology of investing), Hussman (historically informed investing without resorting to technical analysis), Howard Marks (risk deconstructed), Faber (pragmatism on crazy markets; there is always an opportunity somewhere; inspired the quattro portfolio), Spitznagel (losses are gains [in knowledge]; a kind of investment Zen [or Dao]), Grantham (bubbles defined)

Visionaries: Kurzweil (technological predictions, entrepreneurship, pattern recognition), Diamandis (doer extraordinaire, longevity research)

Technology: Drexler (nanotechnology revived 30 years after Feynman), Venter (artificial biology, non-fossil fuels)

Writing: Michael Lewis (finance fiction documentaries), David Simpson (Singularity Sci Fi), Douglas Adams (Hitchhiker's guide to the galaxy which is just so much fun and still surprises me with its insights)

Artists: Julia Louis Dreyfus (billionaire heiress cum funny girl in Seinfeldt and Veep)

Philosophy (and writing): Ayn Rand (objectivism, every man is an island, from each according to his ability to each according to his ability), Taleb (black swans, risk, tail hedging)

Science, quantum mechanics, astrophysics, string theory: Edward Witten, Stephen Hawking, Brian Greene, Brian Cox

Robotics: Google/Boston Dynamics (though, not that impressed yet - too little integration, I still nourish dreams to get involved in the robotics space to connect the technological 'islands')

Life optimization: Tim Ferriss (just damn impressive)

Blogging (writing): Tim, Wait But Why (so fun, so readable, so informative: numbers, procrastination, Fermi's paradox)

Mobility: Kelly Starrett (repaired himself, then became the world's foremost mobility expert. Forget splits and focus on functional mobility)

Gym blogging: Styrkelabbet (A swedish site on strength training -and some hypertrophy; informative, readable, straight to the point, all the most recent research presented for the layman and practiced by himself as a budding power lifter and strongman)

Copy (marketing/writing): Gary Halbert (but what do I know? I know nothing about writing copy or marketing. This seems to be the guy to emulate though)

Corporate leaders: Mark Zuckerburg (I mean, wtf?! How did he do that? How did he see it, how did he avoid temptations to sell, how did he kill off competition? Who starts Facebook when MySpace already owned the niche?)

Websites: zerohedge (fun, fast, provocative, biased, amazing), Khan Academy (world changing knowledge resource and teaching), KurzweilAI (find the future today), Clarifying Concepts (on Facebook; difficult scientific concepts explained for the layman, brain gymnastics)

Pod casts (for inspiration, for knowledge, for fun, but also for finding future role models): TED Radio Hour, Minute Physics, Gastropod, Freakonomics, Brain Science


What areas do you care about? How are you going to play a part, and who are your role models that can pull you from today's point A to where you want to be in the future, point B?

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