Money and Finance
- Charlie Munger Quote
“If you’re going to be an investor, you’re going to make some investments where you don’t have all the experience you need. But if you keep trying to get a little better over time, you’ll start to make investments that are virtually certain...
- Amy Chua Profiles Four Female Tycoons In China
Like a relentless overachiever, China is eagerly collecting superlatives. It’s the world’s fastest-growing major economy. It boasts the world’s biggest hydropower plant, shopping mall, and crocodile farm (home to 100,000 snapping beasts). It’s...
- Which Traits Predict Success? (the Importance Of Grit) - By Jonah Lehrer
Found via Simoleon Sense.What are the causes of success? At first glance, the answer is easy: success is about talent. It’s about being able to do something – hit a baseball, play chess, trade stocks, write a blog – better than most anyone else....
- Genius: The Modern View - By David Brooks
A big thanks to Miguel for passing this article along, as it applies to a subject that I am very interested in. Some people live in romantic ages. They tend to believe that genius is the product of a divine spark. They believe that there have been, throughout...
- Weekly Roundup - September 13, 2014
Another week has come and gone. How do the days keep flying by so fast? All the more reason to reach financial independence as early as possible and start to recapture some of the ever-fleeting time that we have. With no appointments this week that...
Money and Finance
Golf in China Is Younger Than Tiger Woods, but Growing Up Fast
Thanks to Phil for passing this along.
Xie Chengfeng had a fever. Otherwise, the Chinese golfer would have been driving his orange coupe to the practice range on this June morning rather than languishing in bed, cold towel on his forehead, in his four-story mansion. Five years ago, Xie (pronounced “shee-eh”) and his family uprooted themselves and moved to Mission Hills, a sprawling golf resort in the southern Chinese city of Shenzhen for just one purpose: so he could become the next Tiger Woods.
Nearly every day of the year, when he’s not competing in a tournament, Xie works out in the morning, using the punching bag, medicine balls and bull whip (to strengthen his wrists) in the second-floor living room overlooking a quiet lagoon. Then he’s off to the members-only driving range for two hours of training, hitting balls with every club in his bag. After lunch, Xie works on chipping and putting before playing a round on one of Mission Hills’ 22 courses (it bills itself as the world’s largest golf club). Nearly every other activity is designed to benefit Xie’s golf game: piano lessons to strengthen his fingers; math tutorials to help him calculate distances, wind speeds and green breaks; and a daily English class to prepare him for his eventual arrival on the PGA Tour.
Xie is 8 years old.
- Charlie Munger Quote
“If you’re going to be an investor, you’re going to make some investments where you don’t have all the experience you need. But if you keep trying to get a little better over time, you’ll start to make investments that are virtually certain...
- Amy Chua Profiles Four Female Tycoons In China
Like a relentless overachiever, China is eagerly collecting superlatives. It’s the world’s fastest-growing major economy. It boasts the world’s biggest hydropower plant, shopping mall, and crocodile farm (home to 100,000 snapping beasts). It’s...
- Which Traits Predict Success? (the Importance Of Grit) - By Jonah Lehrer
Found via Simoleon Sense.What are the causes of success? At first glance, the answer is easy: success is about talent. It’s about being able to do something – hit a baseball, play chess, trade stocks, write a blog – better than most anyone else....
- Genius: The Modern View - By David Brooks
A big thanks to Miguel for passing this article along, as it applies to a subject that I am very interested in. Some people live in romantic ages. They tend to believe that genius is the product of a divine spark. They believe that there have been, throughout...
- Weekly Roundup - September 13, 2014
Another week has come and gone. How do the days keep flying by so fast? All the more reason to reach financial independence as early as possible and start to recapture some of the ever-fleeting time that we have. With no appointments this week that...