Joseph Adebisi, Author at Shortform Books

The 10-Point Charlie Munger Checklist for Investing

What is the rationale behind Charlie Munger’s checklist? What are the core principles in the investment checklist? Charlie Munger’s checklist for investing is based on his latticework of mental models that help him identify and avoid cognitive biases that could lead to bad investment decisions. The checklist emphasizes thinking independently, analyzing vigorously, measuring risks, and allocating assets wisely. Read on to discover more about Charlie Munger’s Checklist for investing.

The 4 Common Investment Mistakes to Avoid

What are the four common investment mistakes? Why do investors fall prey to investment pitfalls? Common investment mistakes you must avoid include adopting overly complex investment models, listening to false oracles, combining companies with flawed synergies, and buying into companies that don’t expense stock options. The mistakes happen because of the competitive and profit-seeking nature of investors. The desire to get ahead and not lose out leads to avoidable and costly mistakes. Read on to discover more about the four common investment mistakes you must avoid.

Poor Charlie’s Almanack: Book Overview

What is the book Poor Charlie’s Almanack about? What investment tips can you get from the book? The Poor Charlie’s Almanack book is a collection of Charlie Munger’s best advice given over 30 years in the form of roundtable talks and public speeches. On investing, Charlie emphasizes investing in high-quality businesses with good management and established competitive advantages. Read on to learn more about the lessons on management and investing from the book Poor Charlie’s Almanack.

Use a Passive Investment Strategy to Win Big

How a Passive Investment Strategy Wins Big

What is a passive investment strategy? Can passive investing outperform active trading? A passive investment strategy involves buying select securities and holding onto them for the long-term with the hope of extracting maximum returns and avoiding the fees involved in active trading. Most passive investors buy index funds that mirror the stock market to ensure diversification. Long-term studies show that passive investing has consistently outperformed active trading because very few people can truly exploit the imperfections in the market. Read on to learn more about the benefits of a passive investment strategy.

Defining Your Organizational Values: Clarity Is Key

How Organizational Values Enable Success

What are organizational values? Why are organizational values important? Organizational values are the beliefs that guide the conduct and decision-making process of the members of an institution. Defining the values of an organization makes it easy to understand the rationale behind the actions of an organization and to evaluate the behaviors of its members. Read on to learn more about the importance of organizational values.

Barriers to Brave Leadership: The 4 Errors to Avoid

4 Practices That Hinder Brave Leadership

What is brave leadership? What are the common barriers to brave leadership in organizations? Brave leadership is a type of leadership that allows for risk and failure, and positively engages with feelings of uncertainty and fear. Organizations that fail to build trust with their workforce, prepare their team to deal with failure, and establish clear values will find it difficult to groom brave leaders. Read on to discover how to overcome the barriers to brave leadership.

The Importance of Clarifying Your Values

Clarifying Your Values: How Do You Want to Live

Why is clarifying your values important? What is the problem with having too many values? Clarifying your values will ensure you have a blueprint to serve as a guide when taking risks and making tough decisions. You should settle on just two values. It will be difficult for you to commit when you have too many values. They will only become meaningless feel-good words. Read on to learn more about the importance of having clear personal values.

The Biggest Myths About Vulnerability in Leadership

How to Embrace Vulnerability in Leadership

What does vulnerability in leadership look like? What are the beliefs stopping leaders from showing vulnerability? Vulnerability in leadership involves the ability to acknowledge the risk and uncertainty of a situation, talk openly about it, and create a safe space for your subordinates to discuss it. Wrong beliefs like “vulnerability means weakness” or “there must be trust before vulnerability” stop leaders from showing vulnerability. Read on to discover how to embrace vulnerability in leadership.

How to Communicate Effectively in 11 Steps

How can you communicate effectively? What are the steps to resolving conflict amicably? You master how to communicate effectively when you learn to be a good listener and approach each conversation with curiosity, rather than going into every conversation certain that you are right. Effective communication is also crucial to conflict resolution. You resolve conflicts by creating an environment where both parties can openly communicate their needs and feelings, before proposing a solution that makes everyone happy. Read on to master how to communicate effectively.

Becoming a Daring Leader: The 2 Pillars of Courage

How do you become a daring leader? Why is grounded confidence essential to daring leadership? You become a daring leader by approaching your work with curiosity and facing your vulnerabilities with confidence. Grounded confidence is what helps you face up to tough decisions instead of running away or hiding behind defensive behaviors. Read more about what it takes to become a daring leader.