Tuesday, October 28, 2025

Charlie Munger - Enough

"I'm not saying poverty is noble. I'm saying extravagance is foolish. Between those extremes lies something wonderful. Enough. Enough means you don't wake up and panic. Enough means you don't worship luck.

Enough means you can think clearly without the noise of greed. But modern culture hates that word. Enough doesn't sell. It doesn't trend. It doesn't make your neighbor jealous, so people ignore it and end up slaves to excess. I'm telling you this as someone who's seen both sides. We built fortunes at Berkshire not by chasing fantasies, but by avoiding idiocy.

Warren and I didn't need 20 mansions or five yachts. We just needed peace of mind and the ability to keep playing the game. The game isn't about getting rich. It's about staying rational long enough to let compounding do the work."

Saturday, October 11, 2025

Nothing to Do?

As I inch closer and closer to the finishing line, I have been hearing stories of being "bored out of your mind" after retirement.

Frankly, I have no idea how that is possible. Perhaps when my turn come I will face the same problem.

There are so, so much things I want to do.

1. Exercising much more frequently (3-4 times a week)

2. Hundreds of games (on Steam) that I wanted to play 

3. Hundreds of shows (dramas, movies, anime, donghua) that I wanted to watch.

4. Hundreds of books (on my NLB app) that I wanted to read.

5. Endless new content coming out on News / Youtube / Reddit everyday.

6. Relearning my Japanese and going Japan more often.

7. Trying famous food all across the island (1 hour queue? Not if I go there at 10am or 3pm)

What's more, I will still be spending a portion of time managing my portfolio, following up with financial news.

Is that enough to keep one occupied?

And that is just the main bulk of things I can think of. I might even revisit some of my old hobbies (meetups groups, games development). 

Let's see if I would have "nothing to do" next time...