The 1% IRR Project is a daily exploration of how small decisions, consistent habits, and focused effort compound into meaningful results over time.

"Spend each day trying to be a little wiser than you were when you woke up. Day by day, and at the end of the day-if you live long enough-like most people, you will get out of life what you deserve." Charlie Munger

This publication is built on a simple idea: sustainable growth comes from practicing the fundamentals - thinking clearly, working deliberately, and improving just a little every day.

Posts cover topics like:

• Breaking down investing topics using first principles thinking

• Practicing high-return thinking and behavior

• Framing progress through the lens of compounding

• Mastering the basics until they become ingrained asset

• Building systems that strengthen with time

We invite you to join us on our journey of constant and never-ending improvement.

Focus on the Inputs

Public markets investors are constantly reminded in real time of the output. Very few professions measure performance with such precision or in such minor intervals: minutes, days, months and years. A constantly flashing scoreboard makes it easy to obsess over the outputs.

We believe obsession over the inputs leads to long-term success.

Take the example of an investment decision that is a Big Input (see picture below). The Big Input is comprised of many smaller inputs, which in turn can be further broken down into smaller and smaller inputs. To improve the Big Input, the core inputs must be refined.

Big Inputs: Made up of Smaller Inputs

The premise of the 1% IRR Project is to break investing down into first principles, then improve the principles all the way up the decision-making process.

We will learn as we go and share as we learn.