The Daily Discipline from Project MNDST

Episode 95: Margin of Safety

2 min · 9 jul 2026
aflevering Episode 95: Margin of Safety artwork

Beschrijving

Today's episode teaches Benjamin Graham's margin of safety — the principle that the gap between what something is worth and what you pay for it isn't just upside, it's protection against being wrong. Warren Buffett called it the three most important words in investing, but the idea works wherever forecasts meet reality: engineering, hiring, any decision made under uncertainty. The one action today is simple: take a decision you're working through and ask whether it still holds if your core assumption is twenty percent off. Key Topics: margin of safety, decision-making, mental models, Benjamin Graham, error management, judgment under uncertainty, risk and resilience Subscribe to The Daily Discipline for a daily reset on Clarity, one morning at a time.

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Alle afleveringen

93 afleveringen

aflevering Episode 95: Margin of Safety artwork

Episode 95: Margin of Safety

Today's episode teaches Benjamin Graham's margin of safety — the principle that the gap between what something is worth and what you pay for it isn't just upside, it's protection against being wrong. Warren Buffett called it the three most important words in investing, but the idea works wherever forecasts meet reality: engineering, hiring, any decision made under uncertainty. The one action today is simple: take a decision you're working through and ask whether it still holds if your core assumption is twenty percent off. Key Topics: margin of safety, decision-making, mental models, Benjamin Graham, error management, judgment under uncertainty, risk and resilience Subscribe to The Daily Discipline for a daily reset on Clarity, one morning at a time.

9 jul 20262 min
aflevering Episode 94: The Stockdale Paradox artwork

Episode 94: The Stockdale Paradox

Today's episode teaches the Stockdale Paradox — named by Jim Collins after Admiral James Stockdale, who endured years of captivity as a prisoner of war and emerged with a lesson that has nothing to do with wishful thinking: confront the brutal facts of your situation, and hold unwavering faith that you will prevail. These two things don't cancel each other out — they make each other more honest and more useful. Today's small action is simple: write down one hard fact you've been softening, then write one sentence of conviction about where you're headed — and let both be true at the same time. Key Topics: Stockdale Paradox, resilience, adversity, clarity, mental models, Jim Collins, self-honesty, agency Subscribe to The Daily Discipline for a daily reset on Clarity, one morning at a time.

Gisteren2 min
aflevering Episode 91: Growth Mindset and the Power of Yet artwork

Episode 91: Growth Mindset and the Power of Yet

Today's episode teaches Carol Dweck's growth mindset — the idea that ability is buildable, not fixed, and that the word "yet" can change your whole relationship with difficulty. We trace the real research behind the model, from Dweck's early studies to a Chicago school's two-word grading experiment, and show why the greatest performers treat plateaus as information rather than verdicts. Your one small action today: find something you've been calling a weakness and add a single word to the end of the sentence — "yet." Key Topics: growth mindset, fixed mindset, Carol Dweck, ability and effort, self-belief, agency, personal development, mental models Subscribe to The Daily Discipline for a daily reset on Clarity, one morning at a time.

3 jul 20262 min