To investors, I have been reading one book per week this year. This past week’s book was Four Thousand Weeks: Time Management for Mortals by Oliver Burkeman. Highly recommend reading it. If you are interested in the individual highlights that I made in the physical book, you can read those here. Hope you enjoy these notes every Monday morning. Book’s main argument:You have approximately four thousand weeks to live if you reach the age of 80 years old. Rather than focus on productivity, efficiency, and life hacks, we should optimize our life for enjoying the short, precious time we get. Modern society has prioritized getting more done, working harder, and spending more time on what other people think is important, but that may not be the best way to spend your four thousand weeks. 5 Big Ideas:💡 Idea #1 — Our lives are much shorter than we realize. Measuring this time in weeks has a powerful way of hammering the point home. Burkeman writes:
Some people respond to this shortness of time with a desire to pack as much action into the weeks and years as possible.
Society has evolved over time and modern citizens are born into a world of ever-increasing demands.
💡 Idea #2 — The goal throughout history was for individuals to accumulate enough wealth to enjoy their remaining days. This changed at some point. Everyone is chasing productivity today, but that may not be ideal. Burkeman writes:
In a weird twist, this pursuit of more work has become a virtue signalers dream.
It is natural to think you can work your way out of the backlog of work, but that is unlikely. Parkinson’s Law applies.
💡 Idea #3 — Planning for the future may not be as valuable as you have been taught by society. Burkeman explains:
Planning is a luxury of those who believe they have time on their side.
Our entire society is built on the goal of doing things today that will benefit us in the future.
💡 Idea #4 — Digital addiction is real, but not for the reason you may think. Critics will point to use of smartphones and social media as a big problem in society. They yell and scream at the technology companies. They say we should cure the addiction. But what if people are simply trying to escape the difficulty of having to listen to humans face-to-face & do the hard work of having a real conversation? Burkeman writes:
It is important that we learn to embrace boredom, rather than fight it.
💡 Idea #5 — Everyone can benefit from Cosmic Insignificance Therapy. We like to think our work is important, but for the majority of us, it won’t matter in the end. Burkeman writes:
Once you realize that your contribution won’t matter once you are dead, you become freed. You can work on the things that you want to do. You can invest your four thousand weeks under the pursuit of happiness and enjoyment, rather than productivity and efficiency.
Memorable quotes:
Pomp’s Takeaways:This book was unique in the way that is presented an old idea — our time is our most valuable resource. By measuring our life in the number of weeks, it feels long enough to pursue our goals, but short enough to have a sober view of what is truly important. My first big takeaway was the efficiency trap. Burkeman talks about Parkinson’s Law and the likelihood that getting through your email will just create more email. It reminds me of the Wall Street lesson that market selection is usually more important than asset or security selection. Same thing in life. Are you working on the right things? Or are you optimizing to win the wrong game? My second big takeaway was a quote from cartoonist Scott Adams that Burkeman shares — “a person with a flexible schedule and average resources will be happier than a rich person who has everything except a flexible schedule.” So many of us, myself included, use our calendars as gospel. If an event, meeting, or call is not on the calendar, it may as well not be happening. But this rigid approach to our time leaves very little room for flexibility and serendipity. This reminded me of Paul Graham’s 2009 blog post on Maker and Manager schedules. My third big takeaway was our busyness and digital addictions may be coverups for our distaste in the lives we are living. Are you pulling your phone out to check your email for the 2,845th time today because you really want to see who messaged you or are you trying to avoid an uncomfortable, silent elevator ride? Humans are social creatures, but phones have made it simple for us to hide from each other. Maybe we would be better off trying to put the phone down and engage with one another. My last big takeaway was the finality of life. As many of you know, I deployed overseas in the Army and there was a situation early on in the trip that left a solider dead. I’ve always said that my life changed that day because I realized that we were all going to die. This is a major point that Burkeman hammers home throughout the book. He starts and ends with “The average human lifespan is absurdly, terrifyingly, insultingly short.” He also discusses Cosmic Insignificance Therapy. Both of these are shared to remind us that we have a final deadline — make sure you enjoy the time you are allotted while you are here. Before I let you go, Burkeman lists five questions at the end of the book to ask yourself. I thought some of you who will not have time to read the entire book would like to go through the exercise. Here are the questions:
Have a great day! As I mentioned, this past week’s book was Four Thousand Weeks: Time Management for Mortals by Oliver Burkeman. Highly recommend reading it. If you are interested in the individual highlights that I made in the physical book, you can read those here. Hope you enjoy these notes every Monday. Feel free to leave a comment - I read all of them. -Pomp Note: Make sure you are subscribed to receive these personal notes each Monday morning. Announcement: I am hosting a conference at the Miami Beach Convention Center on March 4, 2023. Anyone can attend for free. The goal is to bring together people from different walks of life to debate important ideas that impact our society on a daily basis. The speakers are many of the most popular guests from the podcast over the last few years, along with a few surprises. If you’re interested in attending, you can read about the event details here: FREE TICKETS: https://www.lyceummiami.com/ You are receiving The Pomp Letter because you either signed up or you attended one of the events that I spoke at. Feel free to unsubscribe if you aren’t finding this valuable. Nothing in this email is intended to serve as financial advice. Do your own research. You're currently a free subscriber to The Pomp Letter. For the full experience, upgrade your subscription. |