What are your primary drivers?

Summary: Just say NO to unnecessary maintenance, conspicuous consumption and other secondhander behavior, and…double up on your primary drivers.

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Why is your why your why?

Simon Sinek advocates finding your “why,” your purpose. Other philosophers confidently assert that if you have a strong enough reason for achieving a goal, figuring out how to do it is easy.

Cal Newport can tell you how to be the most productive through deep work, while James Clear can teach you all about the power of habits.

I’ve myself repeated endlessly that aiming low, to make sure you get started at all, is key to getting things done.

The question remains, however, exactly what it is you should get done.

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I like to think about primarily three categories of activities:

  • Pure maintenance
  • Primary enablers
  • Primary drivers

Pure maintenance refers to securing life and limb, basically putting a roof over your head and food in your belly. It includes cleaning, washing, doing the dishes, buying clothes and groceries, visiting the bank or the post office and so on. Some people spend a lot of time here. Quite a few do it in order to show off a shiny facade to their friends and neighbors.

“Good enough, practical and comfortable,” is my way. There’s no reason to buy a bigger house, renovate a kitchen you never use, or buy a new car every five years, unless you spend more time cursing over stuff that doesnt work than you would over the cost of buying new items.

Primary enablers are activities that pull your life forward, creating more opportunities for sustained happiness and meaning (by the way, check out this wonderful talk about happiness vs. meaning). Writing a book might not be your idea of great fun, but it could put you in a position in the future where you get to hold lectures – and that might be one of your primary drivers. Sometimes it is you who need to feel you’ve made an effort, overcome a challenge etc. to be able to relax and enjoy your primary drivers fully.

Some enablers entail climbing the socioeconomic ladder. They are tools for ensuring sustainable happiness. A certain education or career, or a house in the right place, might give you access to networks that otherwise would be closed off. Interesting, creative and intelligent people use a variety of cues to identify each other.

Everything, however, is about the primary drivers themselves. This is what you live for, this is the source of your true happiness (or meaning, if you prefer that word). What do you like or love doing, feeling, experiencing that you don’t need to show off to others in order to enjoy it?

An influencer takes photos of their food as a tool to get more followers and make more money. That ordinary people seek approval for their choice of food, at the cost of letting it go cold or stale, is bordeline tragic. If you like qualiy restaurant food, buy it and eat it.

If you’re only doing it for the likes, and claim likes are one of your primary drivers, you have some soul searching to do. Impressing others can ever only be a tool, an enabler, a symptom of emptiness and being hacked by society and clever programmers.

There’s nothing wrong with sharing a good book because you want others to feel what you felt when reading it, and to be able to discuss the contents. Sharing is caring, and egotistical in the most profound sense of the word.

Summary

Identify what you do and why. Identify tiers of activities, e.g., the three I’ve detailed above, and think hard about how you in practice prioritize between them.

My guess is you’re spending way too much time on maintenance, or empty hedonistic activities (doing what you feel like in the short term, with no regard to what you actually want to do, and want to be able to do).

Scrolling through your newsflow on social media might feel good and make time fly, but actually creating something will feel so much better afterward, and put you in a better position for even more qualitative activities going forward.

Most important of all is finding your primary sources of happiness, the things that make you enjoy yourself, without feeling you encumber your potential for further happiness.

Don’t be that person who claims to dream about painting, creating, building, fishing, relaxing, reading, exercising, climbing mountains, writing, just hanging with friends, travelling etc.; but in practice mostly waste your time at the office, then dutifully go drinking after work beer while checking twitter and texting other friends or arguing with strangers on the Internet.

Stop wasting your time without even knowing you do it. Divide and conquer; categorize and prioritize your activities. Just say NO to unnecessary maintenance, conspicuous consumption and other secondhander behavior, and…

…double up on your primary drivers.

Feelings are ultimately all you have. Your feelings guide you toward your values, and away from losing them. However, you can choose between short term hedonistic lust fulfillment, and achieving a deeper long term sustainable happiness and desire.

The latter is what meaning is, the sum of your feelings. You can only feel what you feel, you value what you value.

You can, of course, (erreneously) choose to go against your feelings, and live a miserable life, but why on Earth would you? Why substitute your own happiness and values, just to put on a show for others? Unless it’s just whoring out in the short term for a grander purpose, your own long term happiness. That I can understand. That is tantamount to not have that last drink in order to feel better tomorrow, or not be gluttonous today, in order to enjoy your healthy body tomorrow.

“Teknik” betyder inte vinstgaranti

Investerar du i teknikbolag?

Varför det? Då skulle du lika gärna kunna investera i utdelningsbolag.


Alla bolag ska egentligen hanteras som utdelningsbolag. Det betyder för övrigt inte att man ska köpa dem med avsikt att aldrig sälja. Alla bolag ska köpas och säljas, eftersom marknaden drivs av en oundviklig cykel av optimism och pessimism. Det gör att alla aktier i bland är för dyra och ibland billiga på riktigt, inte bara “jag kan inte kan komma på något alternativ och mår dåligt när grannen blir rik”-billiga. Köper du eller behåller dyrt blir avkastningen låg. Punkt.

Enkla strategier fungerar inte. Eller, mer korrekt, ofta finns ett korn av sanning i grunden av enkla strategier, vilket tidigt drar till sig smarta pengar. Modellen verkar fungera ett tag då kurserna stiger, vilket leder till att liknande bolag får bättre tillgång till finansiering.

Men, den initialt motiverade uppgången slutar ibland i en urskillningslös hausse då dumma pengar jagar efter vad de tror är en riskfri penningmaskin. Det är då felaktiga och vilseledande slogans som “hög risk ger hög avkastning” blir populära.

Läs resten på Omni Ekonomi: Expertrösterna

Överreagerar skogsaktierna?

Min examensuppsats, C-uppsats eller vad det kan heta, den som gjorde att jag kunde plocka ut min Master från Handelshögskolan, handlade om värdering av företag som sysslade med skogsindustri.
 
Häromdagen skrev jag en slags uppföljning på den, för Vontobels räkning.
Alla de här negativa faktorerna kan förstås lösa sig, och är det någonting vi har lärt oss om skogen är att den gärna överreagerar. Därmed finns det ofta nya lägen att följa med i momentum om man lyckas identifiera det tidigt. Alternativt väntar man på att överreaktionen tappar fart, och så gör man sig redo att följa med åt andra hållet.
 
I sektorn är Stora och SCA klart störst, om man inte räknar hygienartikelföretaget Essity till skogsbolagen. Holmen, Munksjö och Metsä kommer på delad tredjeplats och långt under dem hittar vi Rottnerros.
 
Rottnerros är inte bara minst utan även billigast i sektorn och svänger mest
 
Framför allt konstaterar jag att skogsaktierna rör sig mycket, och att det ger tradinglägen för den som vågar se bortom den för dagen populära trendriktningen. Läs resten här.