Kenny, the founder of 9jaCashFlow here.
I am trying to start writing every day.
And I hope you find my article insightful. More importantly, I hope to build the discipline of writing daily and writing better.
Today, I will discuss seeing things from a multi-dimensional perspective, or taking a multi-disciplinary approach to life.
Looking back at my life, I see that one of my major wrong investments or decisions occurred when I only looked at things from one angle instead of many angles.
One good example is trading.
Trading has shown the other side of me, like greed and impatience, which I didn’t know was there.
Recently, I got to realize that by only looking at how much I can make, and neglecting how much I can lose (risk), I am immediately sabotaging myself.
Also, by looking at how fast I can make money, instead of the process it takes to make money, I am also sabotaging myself.
Another way to look at this is to use inversion in your decision-making.
This technique was popularized by the late value investor Charlie Munger, who said, “Show me the place I will die, and I will not go there.”
For example, if you want to go to the moon, look at how not to go to the moon, and then make sure you avoid everything that won’t get you there.
Another good example of the inversion technique is: whatever goal you want to achieve, turn it upside down and start from the end, back to the beginning. So inversion simply means you’re starting from the end—what you want to achieve—and moving backward to the beginning, knowing exactly what you should do and what you should not do.
Another way to look at inversion is this: whenever somebody brings information to you and wants you to make a decision, don’t just look at what they told you—also look at what they didn’t tell you.
For example, I remember when some people brought certain schemes to me. Everything sounded positive, but there was no real business model behind it. They were not showing me how the money was being made.
So inversion is very, very important—looking at the end and working back to the beginning. Also, looking at what people are not saying is very important.
I believe this is especially important in today’s age, where everybody is flooded with information, and people don’t even know what is real and what is wrong.
Being able to look at things from different dimensions, and from different disciplines—applying what is in carpentry to technology, or what is in fashion to trading—you can also invert things, turn them upside down, start from the end, and move toward the beginning to know what you need to do.
Thank you very much for reading this.
At the end, if you have any comments, kindly put them down below.
Thank you. I hope you learned something.