Should You Be a Generalist or a Specialist?

generalist vs specialistAre you more of a specialist or a generalist? Plan your career accordingly.

Let’s assume we have four categories when it comes to monetizable skills and career expertise:

  • Low-skilled: Not good enough at anything.
  • Hyperspecialist: Great at one area of expertise.
  • Generalist: Good enough at several areas of expertise.
  • Comprehensivist: Great at several areas of expertise.

Continue Reading…

Unfounded Hype vs Underestimated Potential

unfounded hypeCathy Wood/ARK Invest bought some RoBlox yesterday.

A 65-year old woman hyper-bullish on tech stocks and cryptocurrencies. Must be a rather remarkable woman?

A Google search says she is one of the wealthiest women in America.

But that’s not the topic for today’s discussion.Continue Reading…

Timing: The Mark of a General

The mark of an elite general is that he has an impeccable sense of timing.

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As the market is in uproars and the Corona/Covid-19 virus is causing widespread panic, it seems pertinent to address the issue of timing.

Now might be as good a time as any to sell if you’ve had large capital gains over the past couple of years.

They say you should not try to time the market, but all my worst losses have come from not selling fast enough.Continue Reading…

The Key to Success is to Be in the Right Business

the key to success is being in good businessesIn my last article I mentioned 9 Success Theories.

But I sneakily left out what I believe is the single most important factor.

In this follow-up article, I will deal with this 10th theory.

“There’s no substitute for being in good businesses, and there are not many of them.”  ~Tom MurphyContinue Reading…

100 Lessons from Billionaires, Entrepreneurs, Investors, Authors, Philosophers… (and 2 years of podcasting)

lessons ludvig sunström

In the last 2 years, my podcast “25 Minuter” with Mikael Sydinglessons ludvig sunström has got +280 reviews and +2M downloads.

This article will explain all my personal insights from doing the podcast, and the +100 lessons I learned from the 20 high-profile guests we’ve interviewed.

No fluff, just the good stuff.

Below: My personal lessons from podcasting for +2 years

Or skip to the +100 guest lessons: >>Here [footnote] This has something for everyone. My advice is: Skim it over fast (5 min) then read the powerful stuff. [/footnote]Continue Reading…