Josh Kaufman breaks down the total cost of top MBA programs including opportunity costs and lost wages.
Opinion
Kaufman: Everything taught in business school can be self-taught
“There is nothing that's taught in business school classrooms that you are not capable of learning and understanding and applying on your own.”
Insight
Kaufman: Trend-focused books are poor investments compared to foundational frameworks
“I just, I remember a book from a couple of years ago of like the rising trend of Twitter. It's like, that's not a good investment in terms of this kind of research. I want to read something like influence, which is how to think about cognitive biases in this, …”
Opinion
Kaufman: Charlie Munger's mental models targeted investors, not business operators
“The things that he's done, and it was fascinating and illuminating, and it was focused on investors, so people who are making capital allocation decisions. And at this point, I think I was a year out of college, and frankly, I didn't have a whole lot of capita…”
Insight
Kaufman: Gauging daily progress by unfinished to-do lists destroys personal satisfaction
“If you're gauging your mental and emotional conception of progress on, is my to-do list done yet? The answer to that day after day, week after week, year after year is no, it's not done yet. Therefore, it's hard to feel good about what it is that you've done i…”
Insight
Josh Kaufman: Frequency analysis across diverse reading reveals key core concepts
“The wider you look, the wider the variety of sources that you have coming into your brain, the more access to interesting insights and connections you would have. So, so yes, reading broadly, experimenting broadly, having experiences in different domains and t…”
Insight
Josh Kaufman: Direct experimentation beats online research or asking for recommendations
“I think just even a relatively small amount of experimentation can get you further down to The line of what is the best X for Y problem, then you can find reading in a book or searching the internet or asking a friend about it.”