Carles Carrera González’s Post

Mantises are dope. They cut off the head of the maker while they copulate. This seems to make sex better for a moment. Then they eat them. From my summary of “The Selfish Gene” book https://lnkd.in/dV9uFwHM

On Poor Charlie's Almanack, Charlie Munger talks about the important Big Ideas, specially on Hard Sciences, and advises to learn, read and master those Big Ideas. So which are those Big Ideas: 1. Mathematics Probability: Understanding the likelihood of different outcomes helps in making better decisions. Statistics: Analyzing data to uncover trends and insights. Algebra: Fundamental operations that help in understanding relationships and patterns. 2. Physics Newton’s Laws: Grasping the principles of motion and force. Thermodynamics: Learning about energy, heat, and work. Relativity: Understanding the interplay between space and time. 3. Biology Evolution: The process of natural selection and adaptation. Genetics: The function of genes and heredity. Ecology: The interaction of organisms with their environment. 4. Psychology Cognitive Biases: Recognizing patterns of deviation from rational thinking. Behavioral Economics: The psychological influences on economic decisions. Influence: Persuasion and manipulation tactics. 5. Microeconomics Supply and Demand: How prices and quantities are determined in markets. Opportunity Cost: The cost of foregoing the next best alternative. Marginal Utility: The added benefit of consuming an additional unit of something. 6. Business and Investing Competitive Advantage: Factors that allow a company to outperform rivals. Risk Management: Identifying and prioritizing risks. Compounding: Generating earnings on an asset’s reinvested earnings. 7. Engineering Feedback Loops: Circular processes where outputs are fed back into the system. Optimization: Making efficient use of resources. Systems Thinking: Understanding complex systems by examining linkages and interactions. 8. History Historical Cycles: Recognizing patterns and trends over time. Leadership: The impact of individuals on historical events. Innovation: Technological and ideological changes. 9. Philosophy Logic: Principles of valid reasoning. Ethics: Study of moral values and rules. Epistemology: The theory of knowledge. Together with Chattie, I compiled this list together with the most important books on them and the direct link to buy (and read) them all. https://lnkd.in/dd2jdGe5 #CharlieMunger #Books #BigIdeas #HardScience #Mathematics #Physics #Biology #Psychology #Microeconomics #Business #Investing #Engineering #History #Philisophy

Even hard numbers are manipulated these days. Check the image below about the % revenue increase by Moncler. Is it 11% as Fashion Network USA reports? Or is it 8% as Vogue US reports? The reality is in the original source. Go to Moncler Investors page, download their latest report and check the real number. Which is correct? The truth lies in the original source. Visit the Moncler Investors page, download their latest report, and see the real numbers for yourself. Always search for the truth and don’t just believe everything you’re fed.

Investing is simple (not easy. It's not the same) If you only read, understand and practice what Charlie Munger says on his 1994 speech at USC Business School “A Lesson on Elementary, Worldly Wisdom As It Relates To Investment Management & Business”, I can guarantee (*) that it will make you rich. Read it by either: 1. Buying the book Poor Charlie's Almanack: https://amzn.to/3Rr00tt 2. By free here: https://lnkd.in/daWYn9bF 3. I summarised it for myself: https://lnkd.in/dN_WegYN Or I (*) I can also guarantee 90% of you won’t read it in full. 90% of the remaining won’t understand what they read. 99% of the remaining won’t practice it on daily basis for decades. Which means only 1 in 10000 of the readers will become rich.

“Taxation rose to such heights that men lost incentive to work and earn, and an erosive contest began between lawyers finding devices to evade taxes and lawyers formulating laws to prevent evasion” The Lessons of History. A classic, short book where you’ll understand that everything happening now, passed multiple times in the past and will be repeated in the future

This from an interview of Tony Robbins to Michael B Kim on the latest book from Tony Robbins about #investing. Population is ageing in most developed countries so investing (and opportunities) may shift from Leisure to (elderly) Health. Or even better Leisure+Health for elders. Think about it

Learn about suspension setting for #mtb ... or anything with suspensions for that matter in the latest from All Mountain Style in collaboration with Gustavo Alvaro

We did one of the best grips for mtb, the next question then is: what a good "grip" for gravel would be? Here's some thoughts:

Suffering from lower back pain since the end of November 2023, which as a cycling is pain in the ass (no pun intended, or maybe yes). Traditional medicines doesn't offer much relief: the old do nothing and take this pills. So as I can't visit the best in the field I read his main book and summarised what I learned from it. How its useful for you if you suffer back pain. If not and you're a cyclist, consider yourself lucky (or young), but start applying the McGill's Big3 in your routine ASAP. Without further ado, my book summary (I was typing back summary, imagine you) on Back Mechanics by Dr. Stuart Mc.Gill: https://lnkd.in/dYMGRfNp As a bonus note, I also found useful this Foundation training exercises: https://lnkd.in/d53JDR2W They're tough, but useful. #backpain #backpainrelief #backpaintreatment #foundationtraining #coretraining #stability