How can management theories guide life decisions?

On the last day of class, Clayton Christensen, a Harvard Business School professor, asks his students to turn those theoretical lenses on themselves to find cogent answers to three questions:

First, how can I be sure that I’ll be happy in my career?

Second, how can I be sure that my relationships with my spouse and my family become an enduring source of happiness?

Third, how can I be sure I’ll stay out of jail?

Though the last question sounds lighthearted, it’s not. Two of the 32 people in my Rhodes scholar class spent time in jail. Jeff Skilling of Enron fame was a classmate of mine at HBS. These were good guys—but something in their lives sent them off in the wrong direction.

As the students discuss the answers to these questions, I open my own life to them as a case study of sorts, to illustrate how they can use the theories from our course to guide their life decisions.

More at How will you measure your life?

 

 

 

Life lost on the curated projections of other people’s lives?

Worth pondering from James Shelley:

Time spent reading social timelines is time lost. Scrolling through a timeline is time consumed by the curated projections of other people’s lives, which are absorbed wholly and only at the cost of living your own.

Or, to put it another way: time spent on timelines amounts to time spent not living your life.

Spending your time on a timeline is valuable only to the extent you define value in your life by the amount of your life spent reading about the lives of others.

Time spent on a timeline is not time paused, it is life extracted. On average, then, time spent reading timelines is irredeemable and wasted.

If the most immediate value we derive from timelines is that they distract us from ourselves — from the lives we are living, here and now — how much value should ascribe to them?

See also Attention is the rarest and purest form of generosity.

 

9 Simple Money Rules On 1 Index Card

“[The best personal finance advice] can fit on a 3-by-5 index card, and is available for free in the library.”

“So, if you’re paying someone for advice, almost by definition, you’re probably getting the wrong advice because the correct advice is so straightforward.”

 

  1. Max your 401(k) or equivalent employee contribution.
  2. Buy inexpensive, well-diversified mutual funds such as Vanguard Target 20xx funds.
  3. Never buy or sell an individual security. The person on the other side of the table knows more than you do about this stuff.
  4. Save 20% of your money.
  5. Pay your credit card balance in full every month.
  6. Maximize tax-advantaged savings vehicles like Roth, SEP and 529 accounts.
  7. Pay attention to fees. Avoid actively managed funds.
  8. Make financial advisors commit to the fiduciary standard.
  9. Promote social insurance programs to help people when things go wrong.

Source: The Index Card

 

C’est quoi un pote?

Un souffre-douleur, un faire-valoir;

À la vie, à la mort;

Quelqu’un avec qui on aime être, davantage que seul.

L’extrait qui suit  est tiré d’un making of d’un film que j’ai beaucoup aimé. Un truc qui raconte une histoire. Pas de morale, pas de grands messages, une vignette sur la naissance d’une amitié.

 

A subtler, more intangible, but vital kind of moral consensus: Comity

[It] exists in a society to the degree that those enlisted in its contending interests have a basic minimal regard for each other: one party or interest seeks the defeat of an opposing interest on matters of policy, but at the same time seeks to avoid crushing the opposition, denying the legitimacy of its existence or its values, or inflicting upon it extreme and gratuitous humiliations beyond the substance of the gains that are being sought.

The basic humanity of the opposition is not forgotten; civility is not abandoned; the sense that a community life must be carried on after the acerbic issues of the moment have been fought over and won is seldom very far out of mind; an awareness that the opposition will someday be the government is always present

(source)

Of politics and turkey

Frank Bruni in the NYT:

Every year around this time, I read about the fraught partnership of politics and turkey. How can a family survive the Thanksgiving meal with a mix of Democrats and Republicans at the table? What if some of the people voted for Trump and others didn’t? What if some continue to defend him even as others quiver in moral horror?


Well, that’s my family. And we manage just fine.


It’s not that we’re reticent, timid types. Um, we’re Italian. And while that primarily means a ridiculous abundance of food […], it also means a ridiculous abundance of opinions, registered in loud and overlapping voices.


Members of the family get worked up. Members of the family get stressed out. Members of the family even, on rare occasions, remove themselves from an overheated conversation and retreat to a different room — probably the kitchen, for seconds. We’re a ravenous lot.


But we’re a grounded one, too. All of us bear in mind that no division of thought, no partisan split, matters a fraction as much as the experiences that we’ve shared with one another, the support that we’ve lent one another and the compact that we’ve made to march together across the unpredictable years and through this messy world.


All of us, in other words, know where to draw the line. That’s key. Perspective. Proportion. I’m immeasurably thankful for relatives who hold on to those, and I hope that you and your relatives hold on to them, too.


And I wish you the happiest of Thanksgivings.

Amen!

What makes a fulfilling life

Bertrand Russell on a fulfilling life:

Make your interests gradually wider and more impersonal, until bit by bit the walls of the ego recede, and your life becomes increasingly merged in the universal life.

An individual human existence should be like a river — small at first, narrowly contained within its banks, and rushing passionately past rocks and over waterfalls.

Gradually the river grows wider, the banks recede, the waters flow more quietly, and in the end, without any visible break, they become merged in the sea, and painlessly lose their individual being.

More here.