Bruce Lee coined the phrase: “Absorb what is useful, reject what is useless.” When asked how he created the masterpiece sculpture David, Michelangelo said he chipped away at everything that wasn’t David. The world’s most successful investors agree that protecting the downside (risk) is the most critical investment principle.
We commonly think to add habits and routines to improve, when often the most valuable strategy is to identify and stop doing the most consequential, stupid, harmful things that derail our lives. Hack away at the unessential, or things that hurt you. No coaches, therapy sessions, or slick software required.