Book Summary & Review: The Power of Habit: Why We Do What We Do in Life and Business – by Charles Duhigg | Stephen Diagram

The Power of Habit: Why We Do What We Do in Life and Business – by Charles Duhigg

  1. Bad habits are often formed through comfort
  2. You cant ever completely erase an old habit : this is why old habits are easy to sink back into
  3. People often replace one bad habit with a second bad habit : now they have two bad habits to back back into. For example, people who replace a smoking habit with a drinking habit
  4. Loser friends often try to offend you, saying things like “you’ve changed”
  5. People with bad habits often point out others and their bad habits

Habits are a 3 step process

  1. Cue
  2. Routine
  3. Reward

Habits are delicate in the sense that you need a cue to trigger them.

Cues fall into 1 of 5 categories

  1. Location
  2. Time
  3. Emotions
  4. Others
  5. Last Action

When you start forming a habit, dopamine spikes around the time you receive the reward, but over time the dopamine tends to spike around the time you receive the cue. This causes a dopamine craving.

To increase your chance of forming a new habit

  • plan around “inflections points of pain”
  • know and expect these inflection points of pain to occur
  • These are bumps in the road and tiny obstacles
  • Push through them.

Use Keystone Habits to your advantage

Some habits help spawn even more habits.

For instance, if you make a habit to fill your calendar and check it often, then you will be in a better place to form new habits. If your calendar tells you to make your bed or brush your teeth every morning, then the initial habit of checking your calendar will push you toward brushing your teeth / making your bed.


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Health Benefits of Matcha Green Tea: Weight Loss and Metabolism | Stephen Diagram

Recently I’ve been self-training myself as a personal home barista; though I’m being kind of funny when I say that. For people who have been following me the past few months, I’ve grown a deep connection with Matcha Green Tea.

Matcha is this specific type of high altitude green tea. It’s from Japan, and its grown in shade. People say it has 37 times the health benefits of a typical glass of boring bagged tea, but that’s probably a huge exaggeration; I imagine its realistically more like 10 cups.

Either way, matcha green tea is prepared a specific way; traditionally you would use a whisk that looks like this:

Image result for matcha whisk

so naturally, I’ve been getting good frothing my matcha green tea, because that is how it is traditionally prepared.

You can buy the traditional bamboo whisk and chasen here BambooWorx Japanese Tea Set, Matcha Whisk (Chasen), Traditional Scoop (Chashaku), Tea Spoon, The Perfect Set to Prepare a Traditional Cup of Matcha.

Instead of going super traditional, I got this more modern, electronic mixer, which I think is sold a frothing tool. I’m not too sure, but I’ve used it to make a variety of coffee and cream drinks, as well at matcha latte.

You can make homemade whipped cream as well, which is what I usually do since I’m currently on a no sugar diet; and milk contains natural sugar that I can’t have.

Image result for automatic matcha whisk

Pictured above is the electronic whisker next to a chasen, (CHA-SEN).

Matcha is really good for weight less because it prevents your body from storing fat cells. It also speeds up your metabolism, and carries much more of an energizing boost than a regular cup of green tea.

If you’re new to matcha, I’d stick to only a half-teaspoon for your first time. Remember to drink after eating food, or you might get a belly ache on a empty stomach your first couple times.

Matcha comes in different qualities.

There’s culinary: cheaper price and richer in flavor, bold and sometimes slightly bitter. This is best used for cakes, waffles, pancakes, or lattes. Anything that you’re going to add flavor to.

Ceremonial grade is rather expensive, but worth it if you want a very naturally sweet and aromatic drink. This matcha is very very very light and almost neon green. The highest quality. You definitely get what you pay for though.

I recommend this matcha green tea if you’re looking for a good price, and good quality Jade Leaf Matcha Green Tea Powder – USDA Organic, Authentic Japanese Origin – Classic Culinary Grade (Smoothies, Lattes, Baking, Recipes) – Antioxidants, Energy [30g Starter Size]

Product of Japan is always the way to go!

Even if you don’t like green tea, I’d highly recommend the little automatic electronic matcha whisk froth tool – it doesn’t really have a nice convenient name. I’ve been able to make so many light, bubbly, airy drinks of coffee. So it’s very useful to have if you don’t already own a nice espresso machine.

Warren Buffet on Bitcoin Bargain: Cryptocurrency on Sale for Over 50% Off – DO NOT MISS THIS CHANCE |

Warren Buffet – “Every decade or so, dark clouds fill the economic skies, and they will briefly rain gold.”\

Buffet goes on to say, it is necessary to go out with a bathtub to collect the “raining gold” while others go out trying to catch with teaspoons.

The EASIEST, RELIABLE, and MOST USED coin exchange is Coinbase


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  • Incredibly user friendly
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  • 3-5 business days with a linked bank account
  • Beautiful and simplistic format
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  • I recommend starting today
  • Casual

Cryptocurrency and the United States Stock Market are on mega sales right now as the market experiences its first major correction of 2018.

Warren Buffet has become the second richest man alive by taking advantage of market corrections and crashes.

You will never get a better opportunity to buy bitcoin, ethereum, cryptocurrency and altcoins.

After Chinese Lunar New Year, we will approach Tax Return Season, marking another huge run up for bitcoin, ethereum and other cryptocurrencies.

Coinbase is so easy to use and get started investing in the technology of the future – Blockchain.


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Book Review: Jim Rohn: How To Be Successful In Life? 100 Success Lessons from Jim Rohn on Life, Leadership, Self Development, Investing In Yourself, Goals & Dreams | Stephen Diagram

Jim Rohn: How To Be Successful In Life? 100 Success Lessons from Jim Rohn on Life, Leadership, Self Development, Investing In Yourself, Goals & Dreams

BUY <a target=”_blank” href=”https://www.amazon.com/gp/product/B01ELQDSHK/ref=as_li_tl?ie=UTF8&camp=1789&creative=9325&creativeASIN=B01ELQDSHK&linkCode=as2&tag=stephendiagra-20&linkId=3fec42b275ffcd0cc3fff7fc5075c13b”>Jim Rohn: How To Be Successful In Life? 100 Success Lessons from Jim Rohn on Life, Leadership, Self Development, Investing In Yourself, Goals &amp; Dreams</a><img src=”//ir-na.amazon-adsystem.com/e/ir?t=stephendiagra-20&l=am2&o=1&a=B01ELQDSHK” width=”1″ height=”1″ border=”0″ alt=”” style=”border:none !important; margin:0px !important;” />

  1. Want to reach higher? The higher your stack of books, the higher the shelf you can reach.
  2. Everything you need for a better future and success had already been written.
  3. Discipline is the bridge between goals and accomplishments.
  4. Can’t grow in a easy crowd. Go where expectations and the demands to perform are high.

  1. Being “busy” doesn’t equal being successful or achieving anything
  2. Don’t set goals too low, if you don’t need much, you won’t become much
  3. Don’t let learning only lead to knowledge. Let learning lead to action
  4. Don’t wish for less problems, wish for more skills

  1. Economic disaster begins with a philosophy of doing less and wanting more
  2. Either you run the day, or the day runs you.
  3. Excuses are the nails that build a house of failure
  4. Finding is reserved for those that search

  1. Formal education will make you a living; self education will make you a fortune
  2. Get around people who have something of value to share with you
  3. We don’t teach people to be nice. We just hire nice people
  4. Happiness is not an accident. Happiness is something you design. Not chance, but choice.

  1. People who have money, but no joy studied economics, but not happiness
  2. People plan vacations with better care than they plan their lives
  3. If you just communicate, you can get by. But if you can communicate skillfully, you can work miracles.
  4. If you really want to do something, you’ll find a way. If you don’t, you’ll find an excuse.

  1. it isn’t what the book costs. Its what it will cost you if you don’t read it
  2. Learn how to say no. Don’t let your mouth overload your back
  3. Rest is a necessity, not an objective. Only rest long enough to gather strength
  4. Managers help people see themselves as they are. Leaders help people see themselves better.

  1. Motivation gets you started. Habits keep you going
  2. Poor people have big TV’s. Rich people have big libraries.
  3. People claim its OK to read trash novels because sometimes you can find value, but you can also find a crust of bread in a trash can if you search long enough.

BUY <a target=”_blank” href=”https://www.amazon.com/gp/product/B01ELQDSHK/ref=as_li_tl?ie=UTF8&camp=1789&creative=9325&creativeASIN=B01ELQDSHK&linkCode=as2&tag=stephendiagra-20&linkId=3fec42b275ffcd0cc3fff7fc5075c13b”>Jim Rohn: How To Be Successful In Life? 100 Success Lessons from Jim Rohn on Life, Leadership, Self Development, Investing In Yourself, Goals &amp; Dreams</a><img src=”//ir-na.amazon-adsystem.com/e/ir?t=stephendiagra-20&l=am2&o=1&a=B01ELQDSHK” width=”1″ height=”1″ border=”0″ alt=”” style=”border:none !important; margin:0px !important;” />

Book Review: mBraining: Using your Multiple Brains to do Cool Stuff by Grant Soosalu and Marvin Oka | Stephen Diagram

mBraining: Using your Multiple Brains to do Cool Stuff by Grant Soosalu and Marvin Oka

Educating the mind without educating the heart is no education at all.

BUY mBraining: Using your multiple brains to do cool stuff

You have three brains: the Heart Brain, the Gut Brain and the Head Brain.

  1. Heart Brain: Emoting, Relational Affect, Values
  2. Gut Brain: Mobilization, Self-Preservation, Core Identity
  3. Head Brain: Cognitive Perception, Thinking, Making Meaning

Each Brain’s Highest Expression

  1. Head: Creativity
  2. Heart: Compassion
  3. Gut: Courage

Each Brain’s Primary Function

  1. Head: Intellectually make sense of the world, provide executive control
  2. Heart: Salience, Affection, Morals
  3. Gut: Protection, self-preservation, boundary detection, motivation

  • Quality questions create a quality life
  • When fear is present, wisdom cannot be
  • Hate hurts the person who does the most hating
  • Forgiveness is a not an emotion, its a choice
  • Knowledge comes from a simple perspective. Wisdom comes from multiple perspectives.

BUY mBraining: Using your multiple brains to do cool stuff

Book Review: The Price of Inequality: How Today’s Divided Society Endangers Our Future by Joseph E. Stiglitz | Stephen Diagram

The Price of Inequality: How Today’s Divided Society Endangers Our Future by Joseph E. Stiglitz

“Favoritism for the rich and justice for those who can afford it.”

BUY The Price of Inequality: How Today’s Divided Society Endangers Our Future


  1. America’s inequality is a result of taking wealth from others; not creating new wealth
  2. Inequalities in wealth are greater than inequalities in income
  3. Market forces are a result of government policy; the government can move money
  4. Marginal Productivity Theory: more productive workers get better pay because they better contribute to society

  1. Inequality is a result of political and economic forces
  2. “Rent Seeking” income is a reward for holding large shares of wealth; not creating wealth
  3. “Rent Seeking” comes from government subsidies. Laws that decrease competition, enable relaxed regulations
  4. The Estate tax and restrictions on campaign contributions would help increase market competition

  1. A free and competitive market is beneficial to society if government regulations and oversight are put in place
  2. The media and congress are unaware of how heavily they are influenced by money
  3. Inequality is the sand in the gears of capitalism, creating volatiltiy, fueling crisis and slowing growrth
  4. Inequality leas to inadequate schooling, housing and neighborhood conditions

  1. Discrimination within the american peope shows a nations failure to make the best of its citizens
  2. Lack of opportunity means that a nations most valuale asset; its people, are not being fully used
  3. The rich fear a strong government might redistribute their wealth
  4. Reducing government spending makes the government unable to invest in infrastructure.

“Favoritism for the rich and justice for those who can afford it.”

  1. The recent housing market crisis shows that the big banks believe they are too big to fail. They believe they do not need to be held accountable.

“Power tends to corrupt, and absolute power corrupts absolutely.”

The 2008 Great recession led to an increase in unemployment, less unemployment benefits, less health insurance and less retire benefits.

Central Banks should not be independent, should not be free from regulation and should not be free from oversight.

BUY The Price of Inequality: How Today’s Divided Society Endangers Our Future

Book Review: Paradigm Shift: How to Cultivate Equanimity in the Face of Market Uncertainty by Yvan Byeajee | Stephen Diagram

Paradigm Shift: How to Cultivate Equanimity in the Face of Market Uncertainty by Yvan Byeajee.

“If you wish to know the road, inquire of those who have traveled it.”

BUY Paradigm Shift: How to cultivate equanimity in the face of market uncertainty


  1. Successful trading only happens when you sort out the resistances preventing you from making money
  2. Dropping our obsession with money somehow gives us more of it
  3. Equanimity: mental calmness, composure and evenness of temper in difficult situations

Steps on How to Build a Successful Business in Trading

  1. Develop an idea or concept which aims to satisfy a market inefficiency, diversifies risk and makes money
  2. Test the idea and see how it performs over time
  3. We must hold inventory. Buy low, sell high.
  4. Manage employees. Keep the good ones, get rid of the bad ones.
  5. Takes insurance to manage risk. Not a matter of “if”, matter of “when”
  6. Strategic deployment of capital. Diversify so our risks are uncorrelated and dispersed
  7. Conduct business where there are ample buyers and sellers. Don’t get stuck with your inventory.
  8. Preserve capital. Avoid going “all in”
  9. Work towards expansion and scaling. Multiple income streams; courses, coaching, mentoring, writing books

Behavior and Attitude Makes Money

  1. Consistent returns in trading are a result of the consistency in our behavior
  2. Winning and consistently winning are two different thing; this is a difficult mental barrier to break
  3. “Skills > Money” Eagerness to learn and build skills is more important than the monetary rewards

What it Takes to be a Good Trader

  1. Engagement: acquire knowledge and skills. Find opportunities without risk
  2. Adaptability and Flexibility in the face of uncertainty: accept changes in the market and embrace failure.
  3. Self-Control: Control impulses, don’t get into low probability trades. Don’t go “all in”

Trade like a Scientist

  1. Probabilistic Thinking
  2. Engagement
  3. Realistic Expectations
  4. Self Management

“If you fail to plan, then you plan to fail”

  1. Human Psychology: volatility indicates strong emotional factors governing the market. Fear drops the price. Greed creates bubbles.
  2. There is a probabilistic distribution between winners and losers

Equanimity is acceptance, self-understanding and non-attachment. Avoid playing the victim. Never say “woe is me.”

“We all want to learn the way to win, but never accept the way to lose”

“We are what we repeatedly do. Therefore, excellence is not an act, but a habit.”

BUY Paradigm Shift: How to cultivate equanimity in the face of market uncertainty

Book Review: Sam Walton – Made in America (The Secret Behind Walmart’s Success) | Stephen Diagram

Sam Walton – Made in America (The Secret Behind Walmart’s Success)

  1. Bring out the best in your employees
  2. Give your best to your customers
  3. Teach value to everyone you meet

BUY Sam Walton: Made In America


  1. Walmart’s 2005 income was over $11 billion
  2. Walmart is the largest employer of people in the United States and Mexico

Walton was so busy visiting Walmart stores and his rivals’ stores that his personal secretary had refused to make appointments since Walton would often not show up.

  1. Set extremely high personal goals
  2. Have a competitive spirit
  3. Have an intense drive to suceed

“Everyone is doing something right.”


  1. Learn people skills by sparking conversations
  2. Use the other person’s name in conversation if you can

To get the most out of your formal education, try to worry less about grades, and worry more about the specific value you can learn from taking the class.

  1. Find a mentor, coach or teacher

Sam Walton of Walmart once checked out every single book his library had to offer about Retail. He also spent a lot of time research his competitor stores.


  1. Refer to yourself as a student – be an avid learner
  2. You can learn from everyone; especially the competition
  3. Get outside input. Your enemies are more honest in revealing your areas to improve

“Great ideas come from everywhere. Just look and listen.”

  1. Walton said, “Our best ideas come from our workers and customers.”
  2. Apply what you learn.
  3. Constantly “fiddle and meddle”
  4. Grab ideas from anyone.
  5. Shake it up, innovate, repeat.
  6. Admit your mistakes; share your success
  7. Have little capacity for embarrassment
  8. Travel the world even if its just for 1 good idea

Walton would set up internal competitions between his employees to sell the most items so he could find which items performed the best.

Walton said,

“Most everything I’ve done, I’ve copied from others.”

BUY Sam Walton: Made In America

Book Review: One Great Shoe by Zach Schonbrun

One Great Shoe by Zach Schonbrun, is a story about the Basketball Clothing brand, AND1.

BUY One Great Shoe One Great Shoe (Kindle Single)


The History of Sneakers & Nike — How AND1 became popular

By the early 2000s, more NBA players were wearing AND1 shoes than any other basketball or sports men’s footwear company. AND1 was so successful it had its own retail stores, a television show on ESPN2, and a popular video game.

They were successful because of their passion to make “the kids feel cool” and confident. Modern sneakers came out of the 1970’s break-dancing wave and culture. The men’s footwear market grew by 8% in two years; twice as fast as women’s shoes.

AND1 capitalized on the jeans and sneakers combo; noting that the two went hand-in-hand. In the 1970s and early 1980s, a separate wave of jogging, swimming, cycling and aerobics entered the market. AND1 failed to penetrate this market and decided to stick with basketball footwear.

Their foundation was mostly based on “street cred”, while Nike was busy seeking endorsements from the NBA stars. AND1 and many customers in the space acknowledge that there are better products than Nike, but Nike has this way of making you feel like a better athlete or player. Nike thrives on this boost of confidence and perceived ability it offers to its customer base.

Kids act as a walking billboard when they wear your shoes around the streets and the courts. Nike had more of an urban feel to them; they developed this through their marketing. AND1 claims that Nike just lacked that street “swagger” in their marketing.


AND1’s Decline and Revival

AND1 started failing when they tried to sell their products to a winder variety of sports. In the beginning they were strictly a basketball footwear company. When they started messing around with their logo, the customers had started to doubt whether AND1 was still passionately dedicated to making great basketball sneakers.

Today, hot sneaker brands are sold very limited in small batches. The number of stores selling hot brands shrinks every day. AND1 has revived their brand through appealing to “mom,” by offering a cheaper shoe through the Walmart and Amazon marketplaces – which account for 40% of the footwear market.

BUY One Great Shoe One Great Shoe (Kindle Single)

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