better memories...................

 

Let us build memories in our children,
lest they drag out joyless lives,
lest they allow treasures to be lost because
they have not been given the keys.
We live, not by things, but by the meanings
of things. It is needful to transmit the passwords
from generation to generation.

-as culled from here

a long-term holding.............

     Our problem is that we're ticker watchers of our own lives.  Happiness (however we individually define it) is not best measured by looking at the ticker, zooming in and magnifying moment-by-moment or day-by-day movements.  We would be better off thinking about our happiness as a long-term stock holding.  We would do well to view our happiness through a wide-angle lens, striving for a long, sustained upward trend in our happiness stock, so it resembles the first Berkshire Hathaway chart.

-Annie Duke, Thinking in Bets:  Making Smarter Decisions When You Don't Have All the Facts

Compounding...............

 

All benefits in life come from compound interest, whether in money, relationships, love, health, activities, or habits.  I only want to be around people I know I'm going to be around for the rest of my life.  I only want to work on things I know have long-term payout.

-Eric Jorgenson, The Almanack of Naval Ravikant

Highly recommended................

 

Another example of a foundational value: I don't believe in any short-term thinking or dealing.  If I'm doing business with somebody and they thing in a short-term manner with somebody else, then I don't want to do business with them anymore.  All benefits in life come from compound interest, whether in money, relationships, love, health, activities, or  habits.  I only want to be around people I know I'm going to be around for the rest of my life.  I only want to work on things I know have long-term payout.

Decisions, decisions, decisions......

Uncertainty shrinks your field of vision at the worst time. When the world changes in a 24-hour period it becomes hard to think more than 24 hours ahead. The year ahead is impossible to envision when assumptions you had at breakfastime were destroyed by dinnertime. The irony is that long-term thinking is most powerful when everything is falling apart. The majority of long-term results are determined by decisions made during a minority of times, and right now is one of those times. It’s a tragic moment to become short-sighted.

-Morgan Housel, from this post