Purpose - one thing I want to add when defining a purpose, when answering the question "why am taking that action" is to also slow down a second and think of another action that you might (in theory) be taking but that you deliberately won't. An action that might help you get rich, yet would not be aligned with your higher purpose. I'll caricature for illustration: you want to be rich but are you ready to rob a bank or mug someone and steal his possessions to become rich? No, because these actions (hopefully) do not fit into your bigger narrative.
Risk: alongside W. Buffets quote I'd like to complement with a quote from the "Big Short" movie: "It's not what you don't know that kills you. It's what you think you know, but it just ain't so."
Third, I want to stress again how much investment is an information game. The best investment lies therefore where you know more, are better positioned and have more information than others: I am talking about investing in yourself and in projects you can personally contribute to and get involved with.
Other than these small contributions, very good article. I for one still have to work on my "sporting habits" 😄
1- I completely agree with you, and here comes the part of our values, and I like to say that above any ideology or decision our values must be seen as a priority.
2- This phrase perhaps taught me one of the greatest lessons of my life, the thing that kills us is what we are sure is right, having a broader vision and giving space to listen to others is always beneficial.
3- One more time I agree with you, nothing better than create value that benefits our life’s and people’s life’s.
4- Maybe you can create an “sports goal” for 2024 😂, “new year, new life” they say.
Thank you for you feedback Sorin, is always insightful and inspiring!