2) loading is the “easy” part - what’s difficult is knowing & following through on not taking on risks that don’t have much chance of delivering;
3) monitor for signs that you might be overreaching, taking on too much risk
Those coincidentally tied in with the very next thing I read this morning:
“Skill is important in everything we do, but few of us, including the most intelligent and best educated, are possessed of skills that no one else has.
“We mistake [our surviving] for superiority.
“Yet what makes the difference between success and failure comes down to the opportunities we grasp and the risks we take. Success is often the result of choices we made a long time ago, and which set us up for life.*”
I meant to also say your recommendation to avoid pointless loading & their risks ties in with the Charlie Munger quote:
“It is remarkable how much long-term advantage people like us [he and Warren Buffett] have gotten by trying to be consistently not stupid, instead of trying to be very intelligent.”
While most people focus on outsmarting or outworking everyone else, they often overlook the importance of simply avoiding foolish risks. What you and Munger point out is that greater odds for success come not from just from being smart & hard working (those are table stakes), but from those and consistently steering clear of avoidable mistakes.
I had a forced week off after my left quad tendon went on strike after a PR split squat followed the next day by a 2ht ride I should have left out. Had no more than 10 degrees leg flexion. I was horrible to be around due to zero training 😅 I think performance objectivity is really important. I had trained quite hard for my standards and Garmin was telling me my FTP was dropping. And in winter, when I did more strength and less bike, Garmin was saying FTP is up, which at the time I dismissed. But it probably says a lot about adapting or not adapting. I fall into the trap of seeing what others do and thinking my training is a joke
Your messages really ring true for me:
1) keep compounding;
2) loading is the “easy” part - what’s difficult is knowing & following through on not taking on risks that don’t have much chance of delivering;
3) monitor for signs that you might be overreaching, taking on too much risk
Those coincidentally tied in with the very next thing I read this morning:
“Skill is important in everything we do, but few of us, including the most intelligent and best educated, are possessed of skills that no one else has.
“We mistake [our surviving] for superiority.
“Yet what makes the difference between success and failure comes down to the opportunities we grasp and the risks we take. Success is often the result of choices we made a long time ago, and which set us up for life.*”
- Wolfgang Munchau
* or at least long stretches of it
The quote reminds me of a question I ask myself… Is my system truly better or am I simply a lucky survivor?
G
I meant to also say your recommendation to avoid pointless loading & their risks ties in with the Charlie Munger quote:
“It is remarkable how much long-term advantage people like us [he and Warren Buffett] have gotten by trying to be consistently not stupid, instead of trying to be very intelligent.”
While most people focus on outsmarting or outworking everyone else, they often overlook the importance of simply avoiding foolish risks. What you and Munger point out is that greater odds for success come not from just from being smart & hard working (those are table stakes), but from those and consistently steering clear of avoidable mistakes.
I had a forced week off after my left quad tendon went on strike after a PR split squat followed the next day by a 2ht ride I should have left out. Had no more than 10 degrees leg flexion. I was horrible to be around due to zero training 😅 I think performance objectivity is really important. I had trained quite hard for my standards and Garmin was telling me my FTP was dropping. And in winter, when I did more strength and less bike, Garmin was saying FTP is up, which at the time I dismissed. But it probably says a lot about adapting or not adapting. I fall into the trap of seeing what others do and thinking my training is a joke