The 3-2-1 Newsletter: 3 ideas from me, 2 quotes from others, 1 question to ponder.
3-2-1: Opportunity cost, power of listening, and the stories we tell ourselves
May 21, 2020 | by James Clear
3 IDEAS FROM ME
“Knowledge is the compound interest of curiosity.”
“A practical definition of opportunity cost:
If you spend too much time working on good things, then you don’t have much time left to work on great things.
Understanding opportunity cost means eliminating good uses of time. And that’s what makes it hard.”
“There are 3 primary drivers of results in life:
1) Your luck (randomness).
2) Your strategy (choices).
3) Your actions (habits).
Only 2 of the 3 are under your control. But if you master those 2, you can improve the odds that luck will work for you rather than against you.”
2 QUOTES FROM OTHERS
Poet Yahia Lababidi on the power of listening:
“A good listener is one who helps us overhear ourselves.”
Source: Signposts to Elsewhere
Author Michael Lewis on the stories we tell ourselves:
“As I’ve gotten older—I would say starting in my mid-to-late 20s—I could not help but notice the effect on people of the stories they told about themselves. If you listen to people, if you just sit and listen, you’ll find that there are patterns in the way they talk about themselves.
There’s the kind of person who is always the victim in any story that they tell. Always on the receiving end of some injustice. There’s the person who’s always kind of the hero of every story they tell. There’s the smart person; they delivered the clever put down there.
There are lots of versions of this, and you’ve got to be very careful about how you tell these stories because it starts to become you. You are—in the way you craft your narrative—kind of crafting your character. And so I did at some point decide, “I am going to adopt self-consciously as my narrative, that I’m the happiest person anybody knows.” And it is amazing how happy-inducing it is.”
1 QUESTION FOR YOU
Simple question to find work you love:
What do you enjoy refining? (It’s the areas you can’t help yourself from editing and optimizing where you have a long-term advantage.)
Until next week,
P.S. Sword-in-the-Stone vibes.