Friday Five – Thinking and reading, The present hour, Learn from experience

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Music of the Week

Trombone Shorty, aka Troy Andrews, is a trombone player and producer from New Orleans. Andrews also plays drums, organ, and tuba. Andrews has toured with his band, Trombone Shorty & Orleans Avenue, since 2009. Whenever I’m in the mood for upbeat jazz, Andrew’s music comes to the rescue. Some of my favorite songs include Something Beautiful, Hurricane Season, and Tripped Out Slim.

Quotes of the Week

It’s been my experience in life, if you just keep thinking and reading, you don’t have to work. – Charlie Munger

Try to understand what you enjoy and then you should also try to combine what you enjoy with what you’re good at. Ask, what am I good at and what do I like? What’s working for me and what’s not working? What comes easy for me? – Peter Bevelin

If you want your children to turn out well, spend twice as much time with them, and half as much money. – Abigail Van Buren

Enjoy the present hour, be mindful of the past; and neither fear nor wish the approaches of the last. – Benjamin Franklin

You want to learn from experience, but you want to learn from other people‘s experience when you can. – Warren Buffett

Articles of the Week

“Projects must demonstrate 100% site control for the interconnection customer’s interconnection facilities, establish due dates for commercial operation, pay a nonrefundable deposit of $100,000 and a $24,000/MW milestone payment.” MISO proposes framework to speed generation interconnection

“I think the biggest single thing that causes difficulty in the business world is the short-term view. We become obsessed with it. But it forces bad decisions.” A Dozen Things I’ve Learned from James Sinegal

Book of the Week

Charlie Munger studied math at the University of Michigan, trained as a meteorologist at Cal Tech Pasadena while in the Army, and graduated from Harvard Law School without earning an undergraduate degree. How is this even possible? Munger was one of America’s most successful investors, was Vice Chairman of Berkshire Hathaway, and was Warren Buffett’s business partner and confidant for nearly forty years. Munger was and is one of the best people I know to learn business lessons from. He teaches you how to be successful in life and finance. Tao of Charlie Munger: A Compilation of Quotes from Berkshire Hathaway’s Vice Chairman on Life, Business, and the Pursuit of Wealth is a compilation of quotes from Munger’s long life. The quotes were pulled from interviews, speeches, and answers Munger provided at the Berkshire and Wesco annual meetings. Munger provides invaluable insights on how to achieve financial success and the philosophies of life. Munger’s investment tips, business philosophy, and ways of life are as unique as they come. Pair this book with 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, Charlie Munger: The Complete Investor, and 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.

Podcasts of the Week

Renewable energy episodes were on deck this week that include:

Answering Your Questions on AI and Energy, the Economics of Solar, the GND’s Legacy

Venture Capital in the Renewable Energy Sector

Renewable Energy Tax Credit Series: 10 Topics to Discuss with your CPA

Organizing Local Support for Clean Energy Projects

Cost of Capital: 2025 Outlook

Forecasting Electricity Prices

CRC-IB on the US Renewables Market in 2025



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