WritingsOnTheWall: Aspirational to transactional in 20 years:Change & challenges in Nitish’s Bihar|Writings on the Wall

In 'The Psychology of Money,' Morgan Housel delves into the psychological and emotional aspects of financial decisions. The book consists of 19 short stories that illustrate how personal history, worldview, emotions, and biases influence financial outcomes. Housel emphasizes the importance of behavior over knowledge in managing money, highlighting the power of compounding, the dangers of greed, and the pursuit of happiness beyond mere wealth accumulation. He advocates for a frugal lifestyle, long-term perspective, and a balanced approach to investing, stressing that financial success is more about mindset and discipline than about technical financial knowledge.

In 'Zero to One,' Peter Thiel argues that true innovation comes from creating something entirely new, going from 'zero to one,' rather than incrementally improving existing ideas. He emphasizes the importance of vertical progress through technology and the benefits of monopoly in driving innovation. Thiel also discusses the need for long-term planning, the importance of finding the right co-founders, and the power law in startup success. The book challenges conventional wisdom and encourages readers to think critically and aim big to build the future.

This book delves into the Japanese concept of ikigai, which translates to 'the reason for living' or 'the happiness of always being busy. ' The authors, Héctor García and Francesc Miralles, travel to Okinawa to uncover the secrets behind the longevity and happiness of its residents. Drawing from psychology, spirituality, and philosophy, including concepts like Viktor Frankl’s logotherapy and Mihaly Csikszentmihalyi’s 'flow,' the book provides practical tips and insights on how to find purpose and meaning in life. It emphasizes the importance of staying active, nurturing friendships, living in the moment, and pursuing passions to achieve a long and happy life.