Learning the right things has been the biggest challenge always!
There are too many topics to learn, too many books to learn from. Nowadays, there are too many podcasts to learn from and too many articles online (substacks nowadays) and too many newsletters to read.
Here's an idea I am working on: Distilling the sources continuously.
1. Pick the topics you want to learn.
2. Pick your sources.
3. Pick which are going to be the active ones.
Once you have done enough (6 months to 2 years) of a particular source, you would see them repeat the same concept / thoughts and by then you would have fully understood, applied in various cases and mastered the concept and you can skip them or follow them passively.
For example, I have buy and read every Outlook Money from 2004 to 2006 during my last year of studies and first year of earning. By going through enough of the personal finance topics, including life insurance, investing, operational issues in investing, stock markets, diversification, tax impacts, etc., I had mastered the concepts of personal finance, the motivations of the parties, the terminologies used and what they really meant and even knew certain aspects which 99.99% of the agents dont know (e.g. Insurance under the Married Womens' Property Act).
Even today, after 20 more years, the rules have changed a bit but the concepts remain the same. If I am doing any personal finance, I just need to read up of the latest rules on them (usually the taxation is what has changed.) Most others are available in niche dominant websites.
Yesterday, I read a very interesting article on PPFAS flexi cap fund https://betatoalpha.substack.com/p/the-flexi-cap-that-forgot-to-flex and I could fully understand this as I was following this fund and the RBI rules at 2008.
So now, I need to follow an insightful commentator to know the changes and impact rather than read through the basics of Outlook money.
Similarly, I started following Dan Koe (a modern philosopher) and a top five at Substack today in that category about 2 years ago. His concepts have not only been thought provoking but changed the way I think and do work. After reading his long articles for over 2 years, the gains I achieve from each new article are lesser and I don't mind skipping them as I know the crux of his viewpoint.
But, there are more such newsletters I follow these days:
Admired leadership, Shane Parish Brain food, Leila Hormuzi letters, Dan Martell, zerodha university.
Apart from this, I have a target to complete about 50% of the farnam street podcasts this year.
I know I am not able to keep up with the onslaught of all these inbound mails and new content.
But I have removed a few recently followed newsletters and plan to re-prioritise my learning sources every 3 months or so to get what I need to at that point in time.
If you have an adapting learning system, let me know the details in the comments.