I recently bumped into a college friend at the supermarket who told me how frustrated he was with his “fat body”. My interest was sparked when he told me how he has “tried everything” over the years but nothing worked. Curious, I wanted to know what “everything” was. Here’s the list as I remember it: several gym memberships, expensive personal trainers, exercise bike for home, tennis lessons, health retreats, and big weight loss targets.
Well, it didn’t take me long to discover that my friend –
• Liked the idea of physical change more than the practical reality of creating it;
• Had an aversion to discomfort;
• Was awesome at excuses and denial; and
• Didn’t persevere with anything for longer than four weeks.
I also learned that he had used his two-year-old exercise bike once (it’s uncomfortable), never went back for a second tennis lesson (his back hurt) and didn’t really enjoy the gym.
- Spotlight: Big ideas from Value Investing and why applying them in your investment decision making will be a great deal
- InvestorInsights: Interviews with experienced value investors, learners, and deep thinkers
- StockTalk: Thorough analysis of business models of companies (without any recommendations)
- Behaviouronomics: Deep analysis of human behaviour and how it impacts investment decision making
- BookWorm: Reviews of the best books on Value Investing and related subjects
- Free Course – Financial Statement Analysis for Smart People (otherwise priced at Rs 5,900)
- Archives: Instant access to our huge archive from the past three years