Wisdom Genius Gems

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Joel Greenblatt Value Investing for Small Investors Gems of Wisdom

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If you do follow your bliss, you put yourself on a kind of track that has been there all the while waiting for you, and the life you ought to be living is the one you are living. When you can see that, you begin to meet people who are in the field of your bliss, and they open the doors to you. You in relation to all the commitments of your life, as you understand them. Because if all you know about yourself is what you found out about yourself, well, that already happened.

The self is a whole field of potentialities to come through. Those who think they know how the universe could have been had they created it, without pain, without sorrow, without time, without death, are unfit for illumination. And the other half contends that they are not facts at all. As a result we have people who consider themselves believers because they accept metaphors as facts, and we have others who classify themselves as atheists because they think religious metaphors are lies.

This requires a little bit of self-analysis. What is it that makes you happy? Stay with it, no matter what people tell you. This is what is called following your bliss. Paint a picture of the future. Go there. People will follow. For millions of years, human beings have been part of one tribe or another. A group needs only two things to be a tribe: a shared interest and a way to communicate.

And when you start to make progress, your efforts are met with even more resistance. If it were any other way, it would be easy. And if it were any other way, everyone would do it and your work would ultimately be devalued. Starbucks creates conversations among customers, so does Apple. The NYSE makes a fortune permitting people to interact with each other. They do. They, like great marketers, listen relentlessly.

CONFESSIONS - A Genius with Gems

They engage in offline conversations constantly. They poll and they do censuses and most important, they have true conversations with small groups of real people. But THEN, they tell a story.

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I think most people have it upside down. Being a leader makes you charismatic. Instead, they realize that a motivated, connected tribe in the midst of a movement is far more powerful than a larger group could ever be. A society is composed of fractious people with different personalities, goals, and agendas. What connects us beyond our kinship ties? Story is the center without which the rest cannot hold.

It is addicted to meaning. If the storytelling mind cannot find meaningful patterns in the world, it will try to impose them. But virtual worlds are less a cause of that isolation than a response to it. Virtual worlds give back what has been scooped out of modern life. The virtual world is in important ways more authentically human than the real world. It gives us back community, a feeling of competence, and a sense of being an important person whom people depend on.

Storytelling Wisdom: The Hero’s Journey And The Power of Story

Our brains have a natural affinity not only for enjoying narratives and learning from them but also for creating them. In the same way that your mind sees an abstract pattern and resolves it into a face, your imagination sees a pattern of events and resolves it into a story. We are critical and skeptical. But when we are absorbed in a story, we drop our intellectual guard. We are moved emotionally, and this seems to leave us defenseless.

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I am in large part a figment of my own yearning imagination. As we will see, a life story is an intensely useful fiction. Why are stories this way instead of all the other ways they could be? I think that problem structure reveals a major function of storytelling. It suggests that the human mind was shaped for story, so that it could be shaped by story. Think of the human face. What do I mean by conflict? Conflict refers to a fight. A fight between life and death. A fight between hate and forgiveness. A fight between freedom and oppression.

As long as there are two strong, opposing forces that make the outcome of the story uncertain, a story will be gripping. It keeps us engaged. It keeps us curious.

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The surprising element that makes a story irresistible is conflict. The stronger the conflict, the more captivating your story will be. Begin with a story. Stories are powerful because people are hardwired to listen to stories. Stories take your audience on a mental journey.