Friday Five – Rich with experiences, Reading good books, Life is short

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Music of the Week

The Rebirth Brass Band (Rebirth) out of New Orleans was founded in 1983 by Phillip “Tuba Phil” Frazier, Keith Frazier, and Kermit Ruffins (no longer with the band). Rebirth is known for combining traditional New Orleans brass band music with funk, jazz, soul, and hip-hop. Do Whatcha Wanna, I Feel Like Funkin’ It Up, and Cassanova are a few of my favorite songs.

Quotes of the Week

Make each decade rich with experiences and perhaps you can live a handful of lives before you are done. – James Clear

If you are not disciplined in the little things, you won’t be disciplined in the big things. – Warren Buffett

A precondition for reading good books is not reading bad ones: for life is short. – Arthur Schopenhauer

Overthinking is the biggest waste of human energy. Trust yourself, make a decision, and gain more experience. There is no such thing as perfect. You cannot think your way into perfection, just take action. – Sylvester McNutt III

Obsess over substance, not status. What endures is what matters. – Shane Parrish

Articles of the Week

Sol would say things like, “You have to give before you can get” — meaning you’ve got to take care of your employees before you make a profit and you’ve got to take care of your customers before you make a profit. ‘Business is about more than making money’

When discussing problems at specific subsidiaries, we do, however, try to follow the advice Tom Murphy gave to me 60 years ago: “praise by name, criticize by category.” Berkshire Hathaway Annual Letter 2025

Book of the Week

Buffett and Munger Unscripted: Three Decades of Investment and Business Insights from the Berkshire Hathaway Shareholder Meetings by Alex W. Morris is a book where Morris edited hundreds of hours of video and more than 1,700 questions asked over the past 31 years at Berkshire Hathaway annual meetings. The book is a compressively and extremely accessible form of the most interesting material Morris gathered from the Berkshire archives. Buffett and Munger Unscripted cover topics like capital allocation, how to judge and compensate management, the nature of financial markets, and the power of long-term time horizons. The book is full of endless quotes and insights from everything from investing and business. I learned countless lessons on how to avoid difficult decisions, the first question to ask yourself before a new investment, how to recover from unsuccessful investments, finding the right people to partner with, and Buffett and Munger’s book recommendations (there are a ton). Other Berkshire, Buffett, and Munger books to check out include The Tao of Warren Buffett: Warren Buffett’s Words of Wisdom: Quotations and Interpretations to Help Guide You to Billionaire Wealth and Enlightened Business Management, All I Want To Know Is Where I’m Going To Die So I’ll Never Go There: Buffett & Munger – A Study in Simplicity and Uncommon, Common Sense, Poor Charlie’s Almanack: The Essential Wit and Wisdom of Charles T. Munger, Tap Dancing to Work: Warren Buffett on Practically Everything, 1966-2012, Charlie Munger: The Complete Investor, and Tao of Charlie Munger: A Compilation of Quotes from Berkshire Hathaway’s Vice Chairman on Life, Business, and the Pursuit of Wealth.

Podcasts of the Week

Chris Sacca – How to Succeed by Living on Your Own Terms and Getting Into Trouble

Bonus: Video of the Week

CouplaBeers – SNL



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