The Art of Learning
If you would like to become a worldly investor, I highly recommend reading Nick Nejad’s, Rational Angle Blog. Nick is a student at the University of California at Berkely and a contributor to the Reflections on Value Investing Blog. Nick also runs the Buffett Fund which has outperformed the S&P by 8 points since its inception in 2006. Nick is well on his way to becoming a super investor of Graham and Doddsville.
Today, I recommend a video on Nick’s blog titled, “The Art of Learning” by Josh Waitzkin.
Video Introduction (courtesy of Nick Nejad):
“Chess champion Josh Waitzkin visits Google’s Mountain View, CA headquarters to discuss his book “The Art of Learning: A Journey in the Pursuit of Excellence.” This event took place on April 10, 2008, as part of the Authors@Google series.
Summary of Video
The video has some valuable information:
1. You only grow by stretching yourself (through challenges).
2. You learn from failures not continuous easy wins.
3. Your passion is a great channel for internal exploration.
4. In order to feel flow in any art form you must transcend the physical into the psychological.
5. Don’t try to block out distractions in any moment, understand them, and incorporate them into experience.
6. Use every part of an experience to your advantage.
7. Every mistake has a technical and psychological aspect.
8. Learn to be at peace with transitions and the unknown.
9. Have a resilient relationship with learning.
10. Focus on the process as opposed to the result.
11. Overconfidence impairs continuous work.
12. The weakness of any art is in its dogma.
13. Do not give easy answers to complex situations.
14. Understand your learning style.
15. Learn to do technical work in order to have creative leaps.