Myriad reasons that are specific to each individual I'm sure. For me it's raising kids and lack of time, I can only stare at screens so many hours of the day too.
I still have side projects in the pot though, but I think there are periods in people's lives of more stability. Take advantage of those if you are in one now!
On the nail as always. I had a business partner a year or two back, they are meant to stimulate action out of accountability, yet I couldn't get his ass out of the rabbit hole. He was a persistent, addicted researcher, with the sole outcomeof ego for a 'man who knows', yet he didn't earn a penny out of it all so move on, turn rabbit holes into cauldrons of cash and as you say, get the balance right or its all just worthless!
Excellent read! One thing I keep telling myself is to take ACTION on what I learn each week... I don't always do it, but I truly want to make it a habit because I know it will benefit ME and OTHERS that I share that knowledge with.
A couple of things... my day job, sometimes lack of focus (working through that) andddd priorities. I think I just had a mini-therapy session :-)!!! Thanks Tim!
Research will always pay, may be not by itself, but in every facet of our life especially in business. When I send out my newsletter, some people would ask how do you get the time, I keep telling them your wasted time is what I use. Nice piece. Will have to focus more on investigating on research as part of my investment strategy
One of my favourite posts of yours revealing this unexpected secret, Tim. I can truly inahine how it can destroy the researcher when they stumble on something deeper and deeper into a psychological danger zone. Prefer the enriching or monetising side…
My wife is a deep researcher for sure, also seeing down to the ground of the human psychology. As an engineer, I want to understand things in detail (sometimes more than needed) which sometimes prevents from moving on with partial knowledge.
Great insights on macro factors influencing interest rates, domestic and international; stock prices; capital flows; liquidity; commodities. Looks behind the headlines and is it afraid to say the quiet parts out loud. Fascinating conversations with other insightful voices such as Doomberg, Grant Williams. It has given me tools to think about geopolitics and investing beyond the daily news flows.
Hi Tim. I agree that doing deep research is an important skill that builds our wealth. Your post makes me remember when I was a junior software engineer, I do deep research so much because I want to enhance my skills faster and better everyday.
Totally on the mark - research without application is just consuming "infotainment".
It is another way for a person to numb themselves, but perversely, they feel productive while doing it.
Ask me how I know...
That said, I've found lots of ways to dabble and experiment with some of the research, but I've also started to dive deeper into in.
With my recent foray into writing on Substack and putting out YouTube videos, at least there's an outlet for the research and something to build on and refine in the future.
Great read, doing deep research and just putting in the work is pretty much basic advice to gain expertise for any subject, but nobody does it.
What are they afraid of Richard?
Myriad reasons that are specific to each individual I'm sure. For me it's raising kids and lack of time, I can only stare at screens so many hours of the day too.
I still have side projects in the pot though, but I think there are periods in people's lives of more stability. Take advantage of those if you are in one now!
What side projects are you working on Richard?
I have a newsletter, and I'm working on learning game development.
On the nail as always. I had a business partner a year or two back, they are meant to stimulate action out of accountability, yet I couldn't get his ass out of the rabbit hole. He was a persistent, addicted researcher, with the sole outcomeof ego for a 'man who knows', yet he didn't earn a penny out of it all so move on, turn rabbit holes into cauldrons of cash and as you say, get the balance right or its all just worthless!
What was the business? What's he doing now?
Hey Tim! I enjoyed your article...
Researching is something I enjoy so much.
I don't live from writing, but I enjoy writing, and I've found that writing and thinking are tightly related (as many of us know).
Researching, on the other hand, is all about "gluing," thinking, writing, and, as you mention, acting and reacting!
Acting on our research is the culmination of an effort that is convertible to profit.
That's how I see it Dennis. Why don't you make money from writing?
Not yet! I mean, I do write, I have a newsletter, and I try to keep up with the socials (X and LinkedIn), but I live from my other businesses.
I find writing a castle of tranquility, and I don't know if my material could be of interest to someone other than me.
It's a good question. It would be a great research topic: "How To Discovery New Ways For Monetizing Your Writing, Thinking, and Researching Skills."
Thank you for replying back!
What do you write about Dennis?
Hey Tim!
I write about self-awareness, hot to become a better version of ourselves, and about operations and manufacturing.
A bit boring... I know! lol
Excellent read! One thing I keep telling myself is to take ACTION on what I learn each week... I don't always do it, but I truly want to make it a habit because I know it will benefit ME and OTHERS that I share that knowledge with.
What stops you taking action on the info Melissa?
A couple of things... my day job, sometimes lack of focus (working through that) andddd priorities. I think I just had a mini-therapy session :-)!!! Thanks Tim!
It's amazing how a nerdy skill like research can lead to such incredible success. I guess it pays to know more than others. Great read!
Not just knowing more but doing more. Agree?
1000%
Research will always pay, may be not by itself, but in every facet of our life especially in business. When I send out my newsletter, some people would ask how do you get the time, I keep telling them your wasted time is what I use. Nice piece. Will have to focus more on investigating on research as part of my investment strategy
The research helps remove the fear of investing. How long does it take for you to write your newsletter?
Approximately 20hours (about 15hours of Research and 4-5 hours of selecting from the large volume of data and links). Thanks for asking
Wow that's a lot of time. I love to hear it.
Thanks for the boost!
No probs Maximus. Do you do deep research?
Thank you Tim! I needed to read your article to wake me up and into action!
What's preventing you from taking action Bobby?
Thanks Tim!
Much love Tui.
One of my favourite posts of yours revealing this unexpected secret, Tim. I can truly inahine how it can destroy the researcher when they stumble on something deeper and deeper into a psychological danger zone. Prefer the enriching or monetising side…
Gunnar, you always support my posts and it means a lot to me. Are you a deep researcher?
My wife is a deep researcher for sure, also seeing down to the ground of the human psychology. As an engineer, I want to understand things in detail (sometimes more than needed) which sometimes prevents from moving on with partial knowledge.
My wife is an engineer so I can relate Gunnar.
I had the same dream for music but I ended up writing on Substack haha.
Haha Daniel. Music is hard for sure. What are you trying to do with your Substack?
I’m writing for only 2 months but I already grew up a 5k audience on medium and I’m trying to grow my Substack as well.
How are you finding Medium these days Daniel?
One publication that has made a huge difference to the way I see the world of investing is FFTT tree rings report by Luke Gromen
Why so Neil?
Great insights on macro factors influencing interest rates, domestic and international; stock prices; capital flows; liquidity; commodities. Looks behind the headlines and is it afraid to say the quiet parts out loud. Fascinating conversations with other insightful voices such as Doomberg, Grant Williams. It has given me tools to think about geopolitics and investing beyond the daily news flows.
Is *not* afraid
Awesome topic and guidance.
Thanks Pranita. What was most helpful?
Awesome topic and guidance.
Hi Tim. I agree that doing deep research is an important skill that builds our wealth. Your post makes me remember when I was a junior software engineer, I do deep research so much because I want to enhance my skills faster and better everyday.
Thank you for reminding me this skill today.
Do you still do deep research today?
Absolutely!
Totally on the mark - research without application is just consuming "infotainment".
It is another way for a person to numb themselves, but perversely, they feel productive while doing it.
Ask me how I know...
That said, I've found lots of ways to dabble and experiment with some of the research, but I've also started to dive deeper into in.
With my recent foray into writing on Substack and putting out YouTube videos, at least there's an outlet for the research and something to build on and refine in the future.
How do you know Clayton? LOL
Haha! I've been guilty! Full disclosure!