7/1/20 Power Five – Time, Tiananman, Turbulence, Tax Cuts, Tame Impala

1. The Definition of Success is Autonomy – For some reason we’ve made being “busy” a badge of honor, but true success comes from control of your time. Warren Buffett often shows people his day planner…with nothing ever scheduled in it. Ryan Holiday with a great article – “Today, I don’t define success the way that I did when I was younger. I don’t measure it in copies sold or dollars earned. I measure it in what my days look like and the quality of my creative expression: Do I have time to write? Can I say what I think? Do I direct my schedule or does my schedule direct me? Is my life enjoyable or is it a chore? In a word: autonomy. Do I have autonomy over what I do and think? Am I free?

2. China’s Draconian Security Law for Hong Kong – The Pearl of the Orient is a special place – street vendors down every alley, incredible views of sky scrapers mixed in with green, lush mountains, the Cantonese-inspired dim sums, moon cakes, and late night siu yeh hawkers, and of course HK’s commitment to democracy. If the U.S. still believes in democracy themselves (unclear at this point) we should be offering any Hong Kong resident a visa and let them build a future out from under China’s scornful gaze.

3. America’s Decline – Highly recommend. Harrowing, sad, and disappointing. “The U.S.’s decline started with little things that people got used to. Americans drove past empty construction sites and didn’t even think about why the workers weren’t working, then wondered why roads and buildings took so long to finish. They got used to avoiding hospitals because of the unpredictable and enormous bills they’d receive. They paid 6% real-estate commissions, never realizing that Australians were paying 2%. They grumbled about high taxes and high health-insurance premiums and potholed roads, but rarely imagined what it would be like to live in a system that worked better.

4. Obamacare vs. G.O.P. Zombies – “Republicans in Congress, who voted to repeal Obamacare 70 times during the Obama years, have been making the same claim for more than a decade. Yet somehow the great alternative to the Affordable Care Act has never materialized...Republicans’ insistence that they have a superior alternative to Obamacare is a zombie lie — a claim that should be dead after having been proved false again and again, but it is still shambling along, eating people’s brains.

5. 2020’s Best Albums (so far) – It makes you feel pretty old scanning these lists and not knowing a single person. Regardless, some Spotify listening assignments for the week.