11/26（Tue）Knowing When to Quit Host: Liwen

[liwen]

11/26（Tue）Knowing When to Quit Host: Liwen

Hello, dear Yoyos! This is Liwen Chen. I will be the host for the meeting on Tuesday night, November 26.
In the book 'Quit: The Power of Knowing When to Walk Away', Annie Duke delves into the
art of quitting and how recognizing when to give up is an essential life skill.
By understanding the art of quitting, we equip ourselves to make wiser decisions, avoid common
pitfalls, and achieve our goals more effectively.

Book Summary
Quit by Annie Duke: 7 Minute Summary (7:09) "Quit" by Annie Duke (Key insights) : Why Quitting is the Secret to Success? (5:20) Questions for Discussion:

Session I

Q1. What message does society often convey about quitting? What common fears do people have about quitting, as mentioned in the book?

Q2. What are some potential benefits of quitting mentioned in the book? Can you think of other scenarios where quitting might be beneficial?

Q3. Can you think of a situation in your own life where quitting at the right time allowed you to achieve something better or move toward a more fulfilling path? What were the key factors that made quitting the right decision?

Session 2

Q4. In what way does the book differentiate between avoiding risks and taking calculated risks?

Q5. Can you think of other companies that have successfully adapted to market changes? What did they do?

Q6. Why do people often find it harder to make rational decisions when facing losses or failure compared to when they are succeeding? What strategies can we use to adjust our goals when circumstances change?

Q7. “Kill criteria” are the pre-defined circumstances under which we will quit. What are some examples of "kill criteria" that investors might use to decide when to stop a stock investment?

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Agenda:
6:45 ~ 7:00pm Greetings & Free Talk / Ordering Beverage or Meal / Getting Newcomer’s Information
7:00 ~ 7:10pm Opening Remarks / Newcomer’s Self-introduction / Grouping
(Session I)
7:10 ~ 7:45pm Discussion Session (35 mins)
7:45 ~ 8:00pm Summarization (15 mins)
8:00 ~ 8:05pm Regrouping / Instruction Giving / Taking a 5 Minutes Break (Intermission)
(Session II)
8:05 ~ 8:40pm Discussion Session (35 mins)
8:40 ~ 8:55pm Summarization (15 mins)
8:55 ~ 9:00pm Concluding Remarks / Announcements

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Meeting Date: As shown on the Subject Line
Meeting Time: 7:00pm – 9:00pm
Meeting Venue: 丹堤咖啡 Dante Coffee (Minimum Order $85)
Address: 台北市濟南路三段25號[MAP]-捷運忠孝新生站3號出口步行3分鐘

Important Notes:
1. We suggest that participants read the articles and think about the questions in advance.
2. Newcomers should prepare a two-to-three-minute self-introduction in English to deliver when called upon by the host before the start of the discussion.
3. We welcome newcomers and other guests to attend the meetings and join the discussion freely for three times. After that, we hope you will consider becoming a YoYo English Club member. We charge a NT$1000 lifetime membership fee, or NT$500 for students.

[miller]

Move to the top.

[liwen]

Move to the top

[Iris Wu]

In the realm of self-help, advice often spans two perspectives. To succeed, there is the call for grit—the power of perseverance and resilience (as highlighted in the inspiring TED Talk, https://youtu.be/H14bBuluwB8?si=fSNXr6gZOIhoJGlw
When people become overly obsessed with reaching a goal, their counterpart's advice emerges--the courage to stop and move on.

Regardless of the advice we follow, the hardest challenge lies in knowing ourselves and assessing our circumstances wisely and objectively. That’s why we first pray: May God (or whatever almighty power you believe in) grant us the wisdom to discern what is within our control and what is beyond it, and, secondly, the strength to carry on.