Why Discipline Doesn’t Matter

We’re kicking off a new series on Permanent Podcast: Outside Insights. Each episode, we’ll bring on a friend of the firm for a conversation about small business ownership and operations – and whatever else is on their minds. 

For our first episode, Brent and David chat with our long-time friend, Shane Parrish of Farnam Street and The Knowledge Project. He’s also an investor, a mental model aficionado, and an advocate for reading old books.

In this episode, he explains why your New Year's resolutions won't last, how to best improve  tactical knowledge, and his most costly mistakes as an investor. 

Check out Shane’s conversation:

New Post: Letting Inertia Work For You with Shane Parrish

“Getting to the point where your day is automatic takes intentional work, the ability to identify opportunities and priorities, a commitment to setting boundaries on your time, and some trial and error around matching your focus and attention to time and activity.”


Go Deep

Curiosity sparked? For more insights on how to change the way you look at the world, make better decisions, and discover new ways to apply old ideas to your life check out Farnam Street’s series of books: The Great Mental Models.

+ The Great Mental Models Volume 1: General Thinking Concepts (Rhiannon Beaubien and Shane Parrish): “In life and business, the person with the fewest blind spots wins. Removing blind spots means we see, interact with, and move closer to understanding reality. We think better.” 

+ Clear Thinking: Turning Ordinary Moments into Extraordinary Results (Shane Parrish, coming October 2023, available for preorder): From the blurb, “You might believe you’re thinking clearly in the moments that matter most. But in all likelihood, when the pressure is on, you won’t be thinking at all. And your subsequent actions will inevitably move you further from the results you ultimately seek—love, belonging, success, wealth, victory.”

Outcomes have more to do with good positions than good decisions. If you’re in a good position, the options available to you are all good. If you’re in a bad position, there’s only one path that’s gonna lead you out. And good luck finding it.
— Shane Parrish on Permanent Podcast
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