2) Professor Christensen was diagnosed with cancer and faced the possibility he'd die sooner than he planned. This gave him important insight about life.
3) He knew his ideas had a substantial impact on the business world. But confronted with the disease, that impact was uninteresting to him.
4) He realized what mattered in the end was not how much money he made, but rather the people whose lives he touched.
So he made a resolution to live every day to that end.
5) Professor Christensen taught his students not to worry about individual prominence as a measure of success.
"Think about a metric by which your life will be judged."
6) The first dinner participant took issue with the words: “your life will be judged.”
He said that he doesn’t care about what other people think or how they judge him. He measures his life inwardly and “optimizes for happiness.”
7) Many agreed that family was all that matters in the end, although we tend to forget this in the humdrum of daily life.
It is so important to learn to say no.
8) @anuhariharan said @paulg taught her to ask a simple question to minimize regret and make the right decisions.
"Would I regret doing this when I’m 80?"
9) “Essentialism is a powerful antidote to the craziness that plagues our lives,” someone said, referring to the lessons he took from @GregoryMcKeown.
It completely reoriented the way he lives his life through the disciplined pursuit of less.
10) @_ram_ said his metric is gratitude: “What am I grateful for today?”
It’s a lifestyle choice. He’s always on the lookout for opportunities to feel grateful.
11) The final comment was to be completely present.
Our “monkey minds” keep us busy and distracted but we must find stillness and come back to the present moment.
“Everything will then come to its proper place.”
12) I love this quote from @TonyRobbins: "The quality of your life is a direct reflection of the quality of the questions you are asking yourself."
1) There are times when you learn something that explains everything.
While manufacturing activity is acutely sensitive to business cycles, did you know that services GDP did not shrink from one year to the next between the Korean war and the Great Recession?
2) Monthly business surveys show manufacturing has been contracting since November, and the downturn is confirmed by falls in container freight, diesel consumption, and industrial electricity sales.
1) If you are waiting for a recession or trying to figure out why the US economy has not yet entered a recession...
What if I told you something else is going on? 🧵
2) Historically, manufacturing has been acutely sensitive to business cycles.
Services GDP has not really shrunk from one year to the next from the Korean war until the Great Recession. That was a period encompassing 10 recessions.
3) Monthly business surveys show manufacturing has been contracting since November, and the downturn is confirmed by falls in container freight, diesel consumption, and industrial electricity sales.
1) I didn’t think it was possible, but I returned from my New York trip even more bullish.
I hosted a breakfast with long/short managers, a dinner with a younger group of CIOs and portfolio managers, and met one-on-one with various investors.
🧵
2) The macro folks are worried about rates volatility, the contraction in money supply, and tightening lending standards.
The equity guys are puzzled by the resilient earnings season and stock market going up despite bad breadth.