Essentialism: The Disciplined Pursuit Of Less
I spend a lot of time thinking about how to be a better investor. Our central problem is how to optimize the use of our time and energy to narrow down the investable universe to a small number of ideas that have the potential to generate alpha and make the whole endeavor worth our while.
One big problem in the age of abundance that we live in is that there are way more things to spend time on than there is time in a day. I also suffer from the fact that I don’t think I have put in enough time to clarify – and continually refine – my process.
If you’re a fan of college football, you know that Nick Saban, arguably the greatest college football coach of all time, focuses relentlessly on the process. And Coach Saban is never satisfied.
To that end, I am going to revisit the book Essentialism by Greg McKeown. I have dabbled in the book but did not finish it or seriously consider its central argument. This book is highly recommended by Brad Gerstner, Founder and CEO of Altimeter Capital. With Essentialism as his “Bible”, Brad has grown Altimeter from a tiny seed into a mighty oak in tech investing.
Article by Greg Speicher