Obstacles are the universe's hubs of unspeakable creativity, redeeming us from tired victories, from the banality of crossing the finish line, from the soundtrack of getting everything we want, and especially from the hubris of thinking we are in control. The moment an obstacle bisects the trajectory of intent, it creates a natural midpoint that is both an end and a beginning, but also something else entirely, for it lives on a different plane from the strict linearity of the will as cause and its intended effect.
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The key insight is that permanent capital changes your relationship with time. You're not managing to a fund life; you're managing to the life of the business. That means you can make decisions that are bad for the next quarter, bad for the next year, but right for the next decade.
Vlad Barbalat — Invest Like the Best with Patrick O'Shaughnessy
The rule of thirds is that when you're chasing a dream or doing anything hard, you're supposed to feel good a third of the time, OK a third of the time and crappy a third of the time. If you're within this ratio, then the bad days aren't bad. They just mean you're chasing a dream.
TED
So much of our lives is shaped by the idea, the belief, that all you have to do to succeed is believe harder. And if you fall on hard times, well, better try harder. It's all on you after all.
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