Judgment
PART I - BUILDING JUDGMENT
Judgment
There’s no shortcut to smart.
If you want to make the maximum amount of money possible, if you want to get rich over your life in a deterministically predictable way, stay on the bleeding edge of trends and study technology, design, and art—become really good at something. [1]
You don’t get rich by spending your time to save money.
You get rich by saving your time to make money.
Hard work is really overrated. How hard you work matters a lot less in the modern economy.
What is underrated?
Judgment. Judgment is underrated. [1]
Can you define judgment?
My definition of wisdom is knowing the long-term consequences of your actions. Wisdom applied to external problems is judgment. They’re highly linked; knowing the long-term consequences of your actions and then making the right decision to capitalize on that. [78]
In an age of leverage, one correct decision can win everything.
Without hard work, you’ll develop neither judgment nor leverage.
You have to put in the time, but the judgment is more important. The direction you’re heading in matters more than how fast you move, especially with leverage. Picking the direction you’re heading in for every decision is far, far more important than how much force you apply. Just pick the right direction to start walking in, and start walking. [1]
第一部分 - 培养判断力
判断力
没有通往聪明的捷径。
如果你想在一生中以确定性且可预测的方式赚到最多的钱，如果你想致富，那就要保持对趋势的敏锐洞察，研究科技、设计和艺术——并在某个领域做到非常优秀。[1]
你不会通过花时间省钱致富。 你会通过省时间来赚钱致富。
在现代经济中，努力工作真的有些被高估了。你工作有多努力的意义远没有想象中那么大。
什么被低估了？
判断力。判断力被低估了。[1]
你能定义什么是判断力吗？
我对智慧的定义是了解你行动的长期后果。将智慧应用于外部问题就是判断力。两者密切相关——了解你行动的长期后果，然后做出正确的决策来利用这一点。[78]
在一个杠杆化的时代，一个正确的决定可以赢得一切。
如果不努力工作，你既无法培养判断力，也无法获得杠杆。
你需要投入时间，但判断力更为重要。你前进的方向比你前进的速度更重要，尤其是在拥有杠杆的情况下。为每个决定选择正确的方向，远比施加多少力量重要得多。只需选择正确的方向开始行走，并开始前进即可。[1]