Realizing that imposing a 'forcing function' on oneself is a systematic, effective, and efficient technique for achieving long-term goals. For example, I previously mentioned that losing weight is simple: just set a forcing function to lose 100 grams every day. Weigh yourself several times a day, especially after dinner, and if you find that your weight exceeds (yesterday's weight - 100 grams), stop eating immediately. If you stick to this for a month, you'll naturally lose 3 kilograms. If you maintain it for a hundred days, that's ten kilograms. As for tidying up a messy room, it feels exhausting and difficult to clean it all in one or two days. But if you give yourself a forcing function to throw away at least ten small items every day, spending just ten to twenty minutes, it becomes manageable. If an item is inexpensive and hasn't been used for over a year, throw it away without hesitation. After doing this for about three weeks and discarding over two hundred items, the room naturally becomes clean and spacious, and I feel particularly clear-headed. Moreover, things that I couldn't find before suddenly reappear. While throwing things away, keeping a simple record can turn it into a rewarding game and enhance decisiveness in future discards. Items that I previously hesitated to throw away can now be discarded without a second thought. Additionally, becoming experienced in discarding items significantly reduces the desire to purchase and hoard physical goods. The application of forcing functions in investing can be viewed from two angles: On one hand, spend at least 25-30 hours each month conducting in-depth research on the fundamentals of at least two companies or assets. Especially for companies whose market values differ significantly from your expectations, there may be major cognitive blind spots. Forcing yourself to spend less than an hour each day on research is not too burdensome, but over a few years, the cognitive improvement can be substantial. On the other hand, even with so much accumulated knowledge from various cases, the main positions in your final investment allocation should not exceed five. This forces you to weigh and compare various investment targets repeatedly, making decisive choices. Often, risks cannot be avoided through active calculation but can be naturally and easily sidestepped through this forced repeated comparison and selection. What happens when a speculator does not impose forcing functions on themselves? Due to laziness, they are unwilling to conduct in-depth fundamental research, especially on opportunities that are readily available but far from their comfort zone of thinking. When they see a bull market coming, they start to fomo, becoming indiscriminate and lacking any risk-filtering mechanism. They impulsively jump into opportunities recommended by friends, leading to significant losses, which is almost inevitable. Establishing a system surpasses a single strategy. The way you set 'forcing functions' in various aspects of your life determines the quality of your system's final decision-making.
Friendship should also adopt a 'mandatory function'. Add one and remove one from your core circle. As you grow, you should continuously increase the cost for outsiders to approach you. A sovereign individual constantly strengthens their fortress, naturally dissolving many inexplicable potential risks into nothingness.
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