BLS #23 - Personal Annual Review
The 12 Best Sentence About Finance | Top Google Search Terms In 2020 | Open Source Alternative for Screen Recording
👋 Hello
It is the time of the year to reflect on this year and plan for the next year. I did my personal annual review today. This is the second year I am doing it. The idea of an annual review is to reflect on the past and year and set a vision for the next year.
Highlights from 2020
Family: I started homeschooling my son this year and I am loving it.
Health: I exercised almost 350 Days this year
Personal Growth: Started this newsletter and a personal blog.
Work: Completed one Project and did not even start the other I planned for this year
Finance: An investment in $XPEL earned me 2300% returns
COVID Scare - We tested positive for COVID and recovered.
My Focus for 2021
Improve the Quality and Quantity of the Content I Create
Participate in Community Conversations
Ship a Product
You can read my review here.
Here are a few resources to help you if you want to do a personal review.
Pranav Mutatkar summarized his learnings about the annual review process into 5 questions.
1. What did my year look like in terms of metrics?
2. What did I achieve? (Bold the most valuable and feel fucking proud).
3. What was the 20% that delivered 80% of my results this year? How can I double down on that 20%?
4. What were my disappointments? What did I learn?
5. What was my bottleneck this year? How do I address the bottleneck for next year?
If you want to get into a detailed review and planning, I would recommend Anne's year in review template
🔍 Interesting Reads
1. The 12 Best sentence I read this year about finance
“Your personal experiences make up maybe 0.00000001% of what’s happened in the world but maybe 80% of how you think the world works” — Morgan Housel, The Psychology of Money
“They say that ‘history is written by the victors,’ well so is most of the financial advice…It’s easy to come up with a story for how you earned your wealth after you earned it.” — Nick Maggiulli, Of Dollars And Data: “The Problem With Most Financial Advice”
“Goal-oriented people exist in a state of nearly continuous failure that they hope will be temporary. That feeling wears on you… If you achieve your goal, you celebrate and feel terrific, but only until you realize you just lost the thing that gave you purpose and direction. Your options are to feel empty and useless, perhaps enjoying the spoils of your success until they bore you, or set new goals and reenter the cycle of permanent presuccess failure”– Scott Adams — From Patrick O’Shaughnessy’s The Investor’s Field Guide: “Growth Without Goals”
“When you see someone driving a nice car, you rarely think, ‘Wow, the guy driving that car is cool.’ Instead, you think, ‘Wow, if I had that car people would think I’m cool.’ Subconscious or not, this is how people think. The paradox of wealth is that people tend to want it to signal to others that they should be liked and admired. But in reality…they use your wealth solely as a benchmark for their own desire to be liked and admired.” — Morgan Housel, The Psychology of Money
2. Google Year in Search 2020 Top Search Terms
This google search trend chart is a great way to summarize the year 2020.
Between, I found this in Nick Maggiulli’s newsletter
3. Screenity - An open-source alternative for Screen Recording
I found this new open-source tool by Alyssa for screen recording and annotation. I tried recording a few videos and it liked the interface. Give it a try if ever want to record screens.
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