What screws a lot of people up from accomplishing good things in life is this desire to wait for the moment to be perfect before beginning. The problem with that mentality is this: there will never come a moment when everything seems perfect for you to get started.
I remember how my writing on the website Seeking Alpha got started. At the time, I was working for a Missouri Congressman from 8:00 AM to about 6-6:30 PM. For a while, I told myself that I’d wait for things to “settle down” before I’d get started. Eventually, I realized that I was only two weeks away from returning to college (and I’d be busy doing lord knows what, then) and if I didn’t hunker down and start writing, it would never happen.
Originally posted 2013-07-15 08:42:59.
In his 1993 letter to shareholders of Berkshire Hathaway, Warren Buffett provided an interesting historical aside about Coca-Cola’s long-term performance:
“Let me add a lesson from history: Coke went public in 1919 at $40 per share. By the end of 1920, the market, coldly re-evaluating Coke’s future prospects, had battered the stock down by more than 50%, to $19.50. At year-end 1993, that single share, with dividends reinvested, was worth more than $2.1 million. As Ben Graham said, ‘In the short-run, the market is a voting machine—reflecting a voter-registration test that requires only money, not intelligence or emotional stability—but in the long-run, the market is a weighing machine.”
Originally posted 2013-07-14 05:58:52.
This is a random fact about my blog writing—I keep Elmore Leonard’s “Ten Tricks For Good Writing” handy with me whenever I work my way through a post I want to add to my website. Leonard, the author of Get Shorty and Rum Punch, gives these ten pieces of advice for writing a book:
1. Never open a book with weather.
2. Avoid prologues.
3. Never use a verb other than ‘said’ to carry dialogue.
4. Never use an adverb to modify the verb ‘said’, I admonish you gravely.
5. Keep your exclamation points under control. You are allowed no more than two or three per 100,000 words of prose.
Originally posted 2013-07-13 07:56:12.