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Shane Parrish has become an unlikely guru for Wall Street

nytimes.com

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Re: Shane Parrish has become an unlikely guru for Wall Street

#11

Post by rluhar »

tguedes wrote: post #7
JamesClear99 wrote: post #2

"Reading is a way to consume people’s experiences, to learn something timeless and then apply it to your life.” Any experiences on Farnam street learning community, cited in this article?

The forum can be quite dead at times, if you check it once a week, there will always be something interesting to read/discussion posts to participate in. Just that itself, I would not say is worth the $150 a year (he does not do monthly). I have not attended any of the events or meetups, found a mentor, or participated in the book club, so I can't comment on that stuff. The thing that makes it most valuable to me, an…

I am a member of the learning community. I found great value in the transcripts of the Knowledge Project podcasts. The podcast is free but the transcripts are available to the learning community. My favourite recent podcast was with Tobi Lutke (CEO of Shopify) - https://fs.blog/tobi-lutke/. Other podcasts that were super interesting were with Robert Greene, Naval Ravikant and Venkatesh Rao. The forum itself is interesting - there is a regular reading group which I really enjoy as well. It is expensive, but I think it is worth it (or am I simply a victim of the sunk cost fallacy?)..

Re: Shane Parrish has become an unlikely guru for Wall Street

#12

Post by ksdale »

gadders wrote: post #3

Farnham Street is an entertaining read, but the problem I have with it is that owner is compiling all this wisdom, these great techniques for life, and he's er, running a website about compiling wisdom and great techniques for life. I guess at some level if this information was so valuable he'd have leveraged it into something even more powerful. Kind of like the people that, rather than (say) investing in real estat…

I call those type of businesses "recursive businesses."

Just like your real estate example, most multi level marketers make almost all of their money from bringing new sellers into the fold rather than selling to actual customers, or people doing webinars to teach people how to do webinars, or all of the web hosting affiliate sites that teach people how to make money from being an affiliate for web hosting sites(just sign up for Bluehost first!).

I don't think Farnam Street is recursive since he's not really recommending that people do anything with the knowledge. It's just a place with a bunch of interesting ideas, though sometimes it feels like he's picked all the low hanging fruit already.

Re: Shane Parrish has become an unlikely guru for Wall Street

#14

Post by rhizome »

gadders wrote: post #3

Farnham Street is an entertaining read, but the problem I have with it is that owner is compiling all this wisdom, these great techniques for life, and he's er, running a website about compiling wisdom and great techniques for life. I guess at some level if this information was so valuable he'd have leveraged it into something even more powerful. Kind of like the people that, rather than (say) investing in real estat…

It only takes 4 hours a week to write a blog about how working 4 hours a week is awesome.

Re: Shane Parrish has become an unlikely guru for Wall Street

#15

Post by gringoDan »

cbron wrote: post #4
gadders wrote: post #3

Farnham Street is an entertaining read, but the problem I have with it is that owner is compiling all this wisdom, these great techniques for life, and he's er, running a website about compiling wisdom and great techniques for life. I guess at some level if this information was so valuable he'd have leveraged it into something even more powerful. Kind of like the people that, rather than (say) investing in real estat…

I read FS regularly for months, but eventually had to give up on it because it started to feel like one big regurgitated self-help book. Maybe he really wants to talk to interesting people and this is his way of doing it, but to me it seems like mostly just noise.

I agree here - the first few weeks after I discovered FS, I read it regularly, but after that there were quickly diminishing marginal returns.

Once you are familiar with the core mental models, most of the intellectual self-help genre (FS, James Clear, Ryan Holiday, Tim Ferris, etc.) is just rehashing the same core ideas over and over again.

Re: Shane Parrish has become an unlikely guru for Wall Street

#16

Post by noufalibrahim »

cbron wrote: post #4
gadders wrote: post #3

Farnham Street is an entertaining read, but the problem I have with it is that owner is compiling all this wisdom, these great techniques for life, and he's er, running a website about compiling wisdom and great techniques for life. I guess at some level if this information was so valuable he'd have leveraged it into something even more powerful. Kind of like the people that, rather than (say) investing in real estat…

I read FS regularly for months, but eventually had to give up on it because it started to feel like one big regurgitated self-help book. Maybe he really wants to talk to interesting people and this is his way of doing it, but to me it seems like mostly just noise.

Have you come across any blog or podcast which offered useful advice that didn't finally start feeling this way? Even something as well researched as Brain pickings seems to degenerate into repetitive fluff after a while.

Re: Shane Parrish has become an unlikely guru for Wall Street

#17

Post by mgiannopoulos »

gringoDan wrote: post #15
cbron wrote: post #4

Earlier quoted context omitted.

I read FS regularly for months, but eventually had to give up on it because it started to feel like one big regurgitated self-help book. Maybe he really wants to talk to interesting people and this is his way of doing it, but to me it seems like mostly just noise.

I agree here - the first few weeks after I discovered FS, I read it regularly, but after that there were quickly diminishing marginal returns. Once you are familiar with the core mental models, most of the intellectual self-help genre (FS, James Clear, Ryan Holiday, Tim Ferris, etc.) is just rehashing the same core ideas over and over again.

Good lord, I matched (as a reader / mailing list subscriber) all of your examples :D That said, it’s not bad to revisit existing ideas presented in an interesting manner. These aren’t concepts that one your hear them once you can easily start using them. Inertia is an incredible force.

Re: Shane Parrish has become an unlikely guru for Wall Street

#19

Post by selfselfself »

cbron wrote: post #4
gadders wrote: post #3

Farnham Street is an entertaining read, but the problem I have with it is that owner is compiling all this wisdom, these great techniques for life, and he's er, running a website about compiling wisdom and great techniques for life. I guess at some level if this information was so valuable he'd have leveraged it into something even more powerful. Kind of like the people that, rather than (say) investing in real estat…

I read FS regularly for months, but eventually had to give up on it because it started to feel like one big regurgitated self-help book. Maybe he really wants to talk to interesting people and this is his way of doing it, but to me it seems like mostly just noise.

Agree. I subscribed to their paid membership plan and it's not materially better than the free content. Well, I paid for the full year already.

Re: Shane Parrish has become an unlikely guru for Wall Street

#20

Post by justjonathan »

rhizome wrote: post #14
gadders wrote: post #3

Farnham Street is an entertaining read, but the problem I have with it is that owner is compiling all this wisdom, these great techniques for life, and he's er, running a website about compiling wisdom and great techniques for life. I guess at some level if this information was so valuable he'd have leveraged it into something even more powerful. Kind of like the people that, rather than (say) investing in real estat…

It only takes 4 hours a week to write a blog about how working 4 hours a week is awesome.

The irony of course is that Tim Ferris works really hard (way more than 4 hours a week) to promote the 4 hour work week.
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