David Perellnewsletter

Flow States and Ari Paul Podcast

David Perellnewsletter
Flow States and Ari Paul Podcast

Edition #1


Blog Post Highlights:

  1. When we disable ego, we enable learning.
  2. Learning is an innate capacity but judgment, fear, and ego get in the way.
  3. Pace and quality of learning accelerate with relaxed concentration - flow.
  4. Three requirements for flow: clear goals, immediate feedback, and a challenging, but manageable activity.
  5. When we enter a flow state, the rational mind goes dim. Awareness and uninhibited perception take over.
  6. Full immersion is the essence of flow states: energized focus, full involvement, deep enjoyment. Presence.
  7. My friend Tiago Forte calls flow the holy grail of productivity. The pre-frontal cortex shuts down and self-criticism disappears.
  8. Flow states are fun. They improve pattern recognition and lateral thinking, a non-ordinary state of consciousness.
  9. Flow is a state of inner tranquility — more focus and less stress. The science proves this.
  10. In a flow state, you feel free and relaxed, not tense and overly controlled.
  11. There’s a Japanese word I like: Mushin (無心). The English translation is “the state of no-mindedness.”
  12. Advanced martial artists enter a Mushin state during combat.
  13. Guided by the subconscious, the sword and the warrior become one in the same.
  14. The warrior is free from ego, anger, and fear. No internal chatter — present, aware, and free.
  15. The mind is guided by instinct and intuition. It works deftly, but with no intention, plan or direction.
  16. Flow with whatever comes. Move with, not against, randomness and unexpectedness
  17. Flow itself can be more rewarding than what we're able to achieve with it.

Take Me To the Full Blog Post

North Star Podcast

This week’s podcast guest is Ari Paul, the co-founder and Chief Investment Officer of BlockTower Capital, a leading cryptocurrency investment firm. 

He was previously a portfolio manager for the University of Chicago's $8 billion endowment. Ari earned a BA in political science from the University of Pennsylvania, and an MBA from the University of Chicago with concentrations in economics, entrepreneurship, strategic management, and econometrics & statistics. 

Episode Themes: 

  • Poker
  • Investing
  • Risk
  • Table Selection
  • Cryptocurrencies
  • Japan
  • Backpacking
  • Stretching Boundaries

North Star Podcast:
Listen on iTunes
Listen on Overcast
Listen on PlayerFM
Listen on perell.com


Most Interesting Things I Learned This Week: 

#1. Entropy is the arrow of time. 

"We know time exists because of entropy: As one goes "forward" in time, the second law of thermodynamics says, the entropy of an isolated system can increase, but not decrease. Hence, from one perspective, entropy measurement is a way of distinguishing the past from the future."
This came from a conversation with Zander Nethercutt.

#2. Marriage rates are dropping fast.
Marriage is becoming a mark of privilege. 

"Currently, 26 percent of poor adults, 39 percent of working-class adults and 56 percent of middle- and upper-class adults ages 18 to 55 are married, according to a research brief published from two think tanks, the American Enterprise Institute and Opportunity America. In 1990, more than half of adults were married, with much less difference based on class and education: 51 percent of poor adults, 57 percent of working-class adults and 65 percent of middle- and upper-class adults were married."
Found this in the Collaborative Fund newsletter.

#3. Here's how television manufactures celebrity:

"In 1956, two psychologists, Donald Horton and Richard Wohl, would conclude that television’s representation of celebrities was carefully constructed to create an “illusion of intimacy”—to make viewers believe that they actually were developing a relationship with the famous people on TV. Certain techniques particular to variety but also the chat shows produced this effect: recourse to small talk, the use of first names, and close-ups, among others, acted to close the gap between the audience and the guests, engendering the sense in the viewer of being “part of a circle of friends.” The two coined the term “para-social interaction” to describe this “intimacy at a distance."
Read this in Attention Merchants.

Thanks for Reading and Listening!

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