Daily Productive Sharing 1169 - Lessons From the Craziest NBA Trade

Daily Productive Sharing 1169 - Lessons From the Craziest NBA Trade
Photo by Ahmed / Unsplash

One helpful tip per day:)

Recently, there was a very strange trade in the NBA: the Dallas Mavericks traded their star player Luka Dončić for Anthony Davis of the Los Angeles Lakers. Jia Jiang believes that this decision-making process violated two common sense principles:

  1. a. Use principles, not predictions; b. Don't try to be the smartest person in the room.
  2. "For me, the future is three to four years from now. As for the future ten years from now, they might bury me and J-Kidd (the head coach) by then. Or we'll bury ourselves."
  3. The world is unpredictable. That's why you shouldn't try to predict it; instead, build principles and stick to them.
  4. Many very smart people have failed because they based their decisions on "expert predictions" about the future, which often turned out to be completely wrong.
  5. This is my principle: buy and hold stocks of companies whose products you love and can't live without.
  6. Use life experience to build enduring principles. Once you find your principles, hold onto them and use them to guide your decisions—always principles, not predictions.
  7. Having principles in life is like making a few big decisions. It helps you avoid letting emotions, predictions, and circumstances influence your smaller decisions.

If you enjoy today's sharing, why not subscribe

Need a superb CV, please try our CV Consultation


最近 NBA 发生一场十分诡异的交易,小牛队拿自己的头牌选手 Luka Dončić 换取了湖人队的 Anthony Davis。Jia Jiang 认为这后面的决策过程违反了两条常识:

  1. a. 使用原则,而不是预测;b. 不要试图成为房间里最聪明的人;
  2. “对我来说,未来是三到四年之后。至于十年后的未来,他们可能会埋葬我和J-Kidd(主教练),或者我们会自己把自己埋了。”
  3. 世界是不可预测的这就是为什么不要试图去预测它,而是要建立原则并遵守它们;
  4. 很多非常聪明的人的失败,都是因为他们基于“专家预测”对未来做出判断,而这些预测往往是完全错误的;
  5. 这是我的原则——买入并持有那些我热爱且离不开的产品的股票;
  6. 用人生经验来建立持久的原则。当你找到自己的原则时,就要坚持它们。永远要用原则,而不是预测,来指导你的决定;
  7. 在生活中拥有原则,就像做出了几个重大决策。它能让你摆脱情绪、预测和环境对小决定的干扰。

如果你喜欢的话,不妨直接订阅这份电子报 ⬇️