There’s an oft-cited Mike Tyson quote that says this:
‘Everyone has a plan until they get punched in the mouth’.
Or, at least, words to that effect.
And how true this is.
In business and in life, it very often pays to think calmly and rationally, so in turn if often...
The 4Fs: philosophy
Today, the fourth and final ‘F’ in our 4Fs framework…philosophy!
Remember, our framework is about finding a healthy balance between these four different areas of your life:
I once heard the great Jim Rohn say that your personal philosophy effectively sets...
The 4Fs: finance
Today, a short look at the next part of out 4Fs model: finances.
As noted in previous posts, finance is important, because it helps to fund your lifestyle.
But we like to think of the 4Fs framework as a virtuous circle, with each of the component parts supporting the others.
F for Fitness
We previously looked at the first part of our 4Fs framework here, where we discussed what you enjoying doing for fun.
Today, we’ll look briefly at fitness.
Buffett once said that if you had to buy a car which would need to last you for life,...
The F of the 4 Fs
Charlie Munger, Warren Buffett’s sidekick, often talks about models.
Mental models to be exact.
What he says is that it’s important to look at things and develop a model, as a way of guiding you in your decision making.
What are the 4 Fs?
As with our 8...
Guinness has been brewed since 1759, and it’s such a powerful brand I wouldn’t mind a bet that it’ll still be enjoyed by glowing customers for another 260 years to come.
These days to the benefit of the Diageo group, the price of a pint of Guinness...
The first question a financial advisor often asks is: ‘What is your risk level?’.
The first problem is that most of us have no idea!
Most folks end up saying: ‘Um, about average, like everyone else?’.
The second challenge is that your risk tolerance will tend to...
If you begin your day reading about all the bad news in the world, then realistically you probably won’t have a great day.
And if you then dive headlong into checking your emails to respond to the demands of others, your day will also start on the back foot and probably go even worse.