Tag: Commitment

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Community Finance Travel

Day 1155 and On The Ground

It’s come as a bit of surprise to me that I’ve done so much on the ground work in the last two years. Not so long ago I was basically bed ridden and stuck inside for the extended run of the Pandemic. Now I spend half my time on the road again.

Once I was settled comfortably on our homestead in Montana and had an acceptable level of resiliency planning done, I hit the road to pursue my particular brand of weirdo off the beaten path ground work investing.

I cultivate movements, memes, degenerates, eccentrics and engineers. I’ve made many trips to far flung corners of the European continent including extended stays in the Baltics and the Balkans.

You have to experience problems first hand if you are serious about investing in the people whose ideas can have a large enough impact at country, continental or global scale. It’s easy to be bamboozled at the edges so it’s best to be clear eyed about human nature and how technology can improve or harm a given incentive set.

It’s my hope that I’ll put in some face time in other interesting geographically interesting regional hubs. I’ve got Argentina on my agenda but I’ll likely make trips to the Middle East and Singapore as well. If you are in an interesting hub with a desire to pursue ambitious ideas let me know. Maybe I’ll swing by and we can meet.

The emerging network states of culture, affinity and intellect are far flung. The type of free market capitalism preferring decentralized resiliency minded crypto- libertarians are welcomed in as many corners as we are shunned. Either way you will find me on the ground looking for ways to make our incentives improve upon our human natures

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Aesthetics Emotional Work

Day 1143 and Wastewater

I’m not a fan of Ed Sheeran but this quote on the creative faucet came to me today through Julian Shapiro’s Twitter profile.

If you turn a dirty tap on it’s gonna flow shit water out for a substantial amount of time and then clean water’s gonna start flowing.

Ed Sheeran on Songwriting

As a fan of practice and repetition (you need only look at my daily numeric total for evidence), this metaphor spoke to me.

I do feel as if I’m currently in the wastewater phase of a few things. It’s just lots of shit and unrelenting in quantity. I imagine this is relatable to a lot of people.

It’s my hope that the clean creative waters will flow more easily soon.

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Emotional Work Travel

Day 1133 and Trading Capital for Labor

I had very ambitious plans to be present in the daily routine of being far off the civilization grid. A cabin in the woods where I attended to the daily needs of life seemed like a reinvigorating prospect. Time spent in the wilderness improves cognitive function.

I am however finding it to be really tiring to do all of the cooking and cleaning in a tight space. I feel like I just don’t have the energy to keep up with it. I am more tired by it than I has hoped I’d be.

I actually feel pretty good except that it’s just a lot more strain than I’d like to manage the basics of life. I benefit a lot from access to help as I similarly don’t have that much spare energy in a day.

Thankfully it’s possible to find civilization with a little effort. No matter how remote it is possible to find someone who would like to exchange their labor cooking a meal for your capital. Trade is the connective tissue of our species.

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Travel

Day 1127 and Smooth Sailing

I’m on the last leg of my journey. Yesterday I was marveling at the miracles but today I’m putting one foot ahead of the other. I want to keep getting through the connections and keep my head down.

I’ve had a relatively uneventful trip. No weather got in the way. No mechanical or crew issues delayed us for more than a few minutes No unruly passengers threw fits.

Even getting through security at my least favorite airport wasn’t so bad. Getting through airport security with injectable biologics is usually chore but the Gods smiled on me.

I appreciate how with tempered expectations every moment of travel can be appreciated. Smooth sailing in a choppy ocean is worth a smile.

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Startups

Day 1125 and Planting Seeds

I like to get to know founders over time. It’s a canonical piece of advice passed down over venture lore that one should invest in lines not dots. Consider the messenger of course.

I’m sure to founders it can feel a bit self serving of investors to want to see a lot of traction before a commitment. That’s not what I’m talking about. I think as an investor, we have an obligation get to know a founder’s character and their approach to problem solving. Especially if you believe their opportunity to be enormous.

At the earliest stage our responsibility is to assess your capacity to overcome obstacles and to improve your skill sets to match. We need to know you will grow and flourish.

Nurturing a seed is the entire metaphor behind early stage investing. A seed round is such an optimistic name. If we must extend the metaphor that we are planting seeds then the work starts before anything goes in the ground. Good soil, good weather conditions, and the right timing matter a lot.

The anxiety inducing part of this is that my approach years I take time to cultivate potential founders for years. I never quite know when someone will go up for a fundraise. I have to wait and see.

But when it does happen. It’s such a miracle. No finer feeling in the world than having cultivated the right conditions for something to grow.

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Emotional Work

Day 1119 and Capacity for Presence

I trust my ability to be present now. I wish I was less present in some ways. I’ve learned to be present to the ways of the internet in particular as part of my general capacity with the signs and signals of those who communicate with words. I try not to show up in person too much anymore except for my own neighbors.

My capacity to be present waxes and wanes with the attention that I give to the margin. And I like to be present for the weirdos. I am not as detailed as some with effortful thought pieces but I pay very close attention. I diligently note and revise bigger trends here in public. It’s not my job to endlessly footnote it for everyone. That’s thankfully now in the hands of artificial intelligence.

I trust that I notice things when they need to be noticed and that I will curb my attention away from those who do not use me well. I will so rarely take it personally when someone tells me I do not serve them. The favor is usually returned when I say a hard no but I rarely have to give it. The average isn’t that persistent.

I do not wish to be become significantly more scaled than I am now in terms of presence with people. I am picky and I cultivate my taste and I believe I’ve built trust with the people who intend to build things. I will continue to be as widely available to them as possible if they do even a modicum of homework. My experience is not free but I do not horde it.

I believe I’ve shown my capacity to pick not through momentum or hype but early presence. It’s a long road and I’ve got the patience to walk it for decades more.

I leave you with a thing I noticed today from someone who is very effortful and has been for much longer than me. How we distribute our attention matters even in the most intimate of settings.

Attention without feeling, I began to learn, is only a report. An openness — an empathy — was necessary if the attention was to matter

Mary Oliver on Molly Malone Cook in “Our World via Maria Popova at Marginalia

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Emotional Work

Day 1113 and Sorry Can’t

I dislike days where I spend too much of my energy doing stuff as it prevents me from spending time synthesizing stuff.

Of course, and I hope this is obvious, the opposite problem is much worse. If you spend too much time synthesizing stuff then you run the risk that you don’t actually do stuff.

You’ve got to keep your skills sharp with new conditions on the ground but you have to intake as much information in your field as possible.

“Sorry I can’t” is a strong signal. It means you are engaged in the productive middle of focus. Family is a productive middle of focus. Your business is a productive middle of focus. Your friends is a productive middle focus.

Maybe you picked something to focus on that someone powerful wishes you didn’t. Maybe you sold your focus to someone else. Maybe you are on the clock to a wider goal. The calculation of how we do that is best left to market forces in my opinion.

I will redirect my attention for someone that asks and shows me the incentives. I think it’s a worthwhile balance. If I believe my focus being redirected can help someone else execute on taking action I’ll do so. That usually means saying to someone else “sorry I can’t”

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Emotional Work

Day 1105 and Other Writing

For as much fluidity as my daily writing habit has achieved, I can still get caught up in a synopsis. I have relieved any pressure to make a daily dispatch (which took some effort) but a quarterly or yearly one can get me to glitch. I like to add more information to my modeling like any self respecting nerd. As much as information integration looks effortless it is actually a laborious process. I read tens of thousands of words every single day.

Now I do work from a strategy. Which means I only adjust my tactics on a weekly or quarterly basis. And I will not be sped up on assessing the character of individuals or the caliber of their ideas if I can help it. When I need to move fast I have to do it within the guardrails of what I believe to be right.

And it’s important to remember that heuristics some heuristics don’t need regular updating. Moral codes shouldn’t need much updating. Maybe you believed the wrong layer of abstraction and have to change your priors to align with your moral code. That’s totally fine.

But you shouldn’t be changing around your code of ethics. That’s how you get criminals. Arbitrage is never permanent. Criminals can have a stronger moral compass than business people or religious institutions. This fucks with everyone. I cannot account for all sinners nor most demands for purity. I can however hold myself to my own standards and so should you.

I do what I can to telegraph my own belief systems and where I derived them. There are lots of signifiers I leave in my wake. I am a Christian. I am a capitalist. I am a Protestant. I believe in markets and judicial review. I believe some things are beyond market but all things are subject to forces beyond our control. That’s how I ended up picking Calvinism as a sect but it’s pretty niche.

I’ve believe luck is just opportunity meeting preparation and you can do a lot to increase opportunities and even more to increase preparation. I don’t like rentiers but I do like the bourgeoisie. Property rights are good and regulations are only as good as the people that make them. That’s why we I’d prefer we have fewer laws. We must act deference to our own failings as human but never so much that it harms our capacity to organize.

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Emotional Work

Day 1096 and Year Four

The persistence of my daily writing habit has helped anchor a sense of self that I have enjoyed cultivating. I am the sort of person who sticks with things.

I’ve been in the process of excavating and rebuilding my sense of self over the last few years. Many others have gone through similar journeys during the pandemic years. I feel lucky to have captured some of mine in writing. I like who I have become as a result of it.

I like seeing that I have reinforced positive and optimistic aspirations for myself year over year. I hope it shows who I am to other people through my revealed preferences. My actions speak louder than my words even if some of my actions are shown through words.

I do not have any New Year’s resolutions for 2024 that I didn’t already have for myself in 2023. I’d like to keep the good things in my life, pray for willingness to improve upon the bad things, and remain steadfast in the commitments I have.

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Chronicle

Day 1090 and Winter Breaks

I would very much like to take an extended break to restore my mind and my body. I feel as if I could use a week or two offline.

The holy nights have held a place in my heart and mind as the season for introspection. I like doing fasts during this time, but it’s not been physically wise to take an extended fast recently.

I expect 2024 to be a big year. I had lots of little things to wrap in 2023 which is impacting my capacity to fully check out for the remainder of the year. Duty calls I suppose. I am keeping my obligations to others but I may need to find a way to keep obligations to myself.

On that note, I’ll keep this short. It’s better to get back to reading and resting when my capacity is diminished.