Akashat_jain | Buzz Chronicles

How to get rich, learn anything, and get more done.

11 Tweets to change your life. 🧵

1/ Learn Anything:

A masterclass from my friend @SahilBloom

The 6-step framework he uses to learn anything.

(1) Identify & Establish
(2) Research
(3) Skin in the Game
(4) Engage Community
(5) Teach
(6) Reflect &

Learning is a skill.

Here's a tactical approach to learning anything:
— Sahil Bloom (@SahilBloom) August 28, 2021

2/ A cheat sheet for building your career:

20 things you'll wish you knew sooner.

An amazing piece by @RomeenSheth on career

Early career years are painful.

You feel like an idiot 98% of the time - lost, confused and insecure.

I wish I had a cheat sheet of principles for my first job.

So I put one together.

Here are 20 things about building a career I wish I knew sooner:
— Romeen Sheth (@RomeenSheth) July 27, 2021

3/ The 5 Traits of Elite Individuals:

I'm not sure what rock I've been living under...

I've somehow just now stumbled across @NdamukongSuh's Twitter content.

It's a goldmine.

Case in point

It's been over a decade since I kicked off my career.

I've worked with, invested in, and mentored some of the most elite people on the planet.

And you know what I've noticed? \U0001f440

From Tom Brady to Warren Buffet, they all have five things in common.

If you're curious \U0001f9f5
— Ndamukong Suh (@NdamukongSuh) August 27, 2021

4/ Where you are -> Where you're going:

•Be consistent
•Set higher standards
•Learn to say "no" more

We ALL have a problem.

We overestimate what can be done in a day, yet underestimate what can be accomplished in a week, month, or year.

THREAD: 10 Steps to get from where you are to where you want to be. pic.twitter.com/uRJuCfldII
— Blake Burge \U0001f4a1 (@blakeaburge) July 10, 2021

Intrinsic Compounding
@soicfinance

What all do I read to keep myself informed about new opportunities and to keep updating myself with the new happenings in the world?

Time for a thread about all tools I use to research,Find information and update myself about different subjects

🧵🧵🧵🧵🧵🧵

Blog Subscriptions I am subscribed to for investing:

1. @borrowed_ideas
2. Non-Gaap Substack
3. The Flywheel substack
4. Read The Generalist
5. Kiran D- has a blog on word press
6. Uncommon Profits
7. Used to read stalwart but they reduced the posting
8. @rohitchauhan

9. @IntelsenseI
10. @SeekingAlpha
11. @themotleyfool
12. Betaoalpha Substack by @mehrotra_saket
13. @MarcellusInvest
14. @PerfectResearch

Others that I like to read

1. @TheKenWeb
2. @EconomicTimes Prime. Recently they have improved
3. @TheEconomist
4. @forbes_india

Sectoral experts/Analysts that I follow:

For Pharma- @AdityaKhemka5 , @unseenvalue & @punitbansal14 + Contract Pharma for cdmo

For Banking- @HemindraHazari , Digant Haria and Ashish Gupta from Credit Suisse (he's terrific)

For chemicals- Rohit Nagraj from Emkay Global

and chemical weekly+Chemical reports monthly from B&K securities

Broker reports that I like to read whenever I can:

1. Spark capital-hands down the best reports in the country.

2. Ambit- publish some good stuff. But rarely available

3. JM Financial- exceptional reports.

Sahil Bloom
@SahilBloom

Incentives are everything.

Here’s a framework for establishing incentives (that actually create desired outcomes):

Great incentives create great outcomes.

But unfortunately, humans are astonishingly bad at establishing incentives—we consistently invite manipulation and unintended consequences.

This thread shares my framework for a establishing better incentives:

Incentives are anything that drives an individual to act in a specific manner.

Intrinsic incentives are internal—created by self-interest or desire.

Extrinsic incentives are external—created by outside factors (reward, punishment).

Today, we'll focus on extrinsic incentives.

In a very simple model, extrinsic incentives typically involve two key components: the measure and the target.

The measure is the metric that the individual or group will be judged upon.

The target is the level of the measure at which a reward (or punishment) will be initiated.

The problem?

This simple model of incentives—which will feel familiar to many—often leads to undesirable outcomes and unintended consequences.

Goodhart's Law explains why:

When a measure becomes a target, it ceases to be a good measure.

Balaji Srinivasan
@balajis

What’s the best crypto traction dashboard, a meta dashboard of dashboards? Not just market cap, but everything driving it: transaction volume, exchange support, developer energy, and the like.

Jesse Pujji
@jspujji

I've heard Google Cloud or AWS will provide up to $100K in credits for new products/startups.

Anyone know about/done this? Where can I learn more?

Cc @AWSstartups @googlecloud

Chris Hladczuk
@chrishlad

If you use it right, Google is the most powerful tool in the world.

But the truth is most people suck at it.

Here are 8 Googling tips that you probably don't know👇

"Quotation markets"

Put quotes around search terms to let you search exactly for that word.

All results will have your terms in it.

Example: "James Clear"

Gives you all James Clear search results without just "James" or just "Clear".

- Dashes

If you want to exclude a term from your search, include a hyphen before that word.

Example: dolphins-football

You just want dolphins the animal not dolphins the professional football team.

~ Tilde

Use tilde when you want synonyms to appear in the result.

Example: music ~classes

Here you only get music classes, lessons, coaching, etc.

Site:

Use this to search within a specific website only.

Example: Kevin Ryan site:chrishlad..com

This searches for Kevin Ryan mentions on my website (chrishlad dot com).

Ian Savas
@iansavas

This morning I had 60 new emails in my inbox, here’s how how I crushed it in <15 minutes

For the first time in years, my inbox hits Zero everyday and yours can too

This is the simple method that will give you back hours
⬇️⬇️⬇️

1/ @jspujji is the master of Inbox 0 & was my guide

He built his own sw stack of plugins to optimize his inbox. But now, gmail & Superhuman offer most of these features

The path to Inbox 0 is a stool with 3 legs: shortcuts, batched emails, & the 4 Ds, w/o one, it will fall

2/ The key to making Inbox Zero happen quickly is shortcuts.

Gmail requires you to enable them, but once you do, it’s like doing emails in Excel!

Any Excel junkies in the house?

You can enable them in settings

3/ A common retort is “but it’s faster to use my mouse than look up the shortcut every time”

Wrong!

It’s faster, because you don’t know them yet. Once you look them up a few times, you’ll remember them and be blazing through your inbox in no time

4/ Viewing the full list of shortcuts is always one shortcut away!

Shift + ?

And the full list appears on your screen

Sahil
@sahilypatel

A list of cool websites you might now know about

A thread 🧵

1) Learn Anything - Search tools for knowledge discovery that helps you understand any topic through the most efficient

2) Grad Speeches - Discover the best commencement speeches.

This website is made by me

3) What does the Internet Think - Find out what the internet thinks about anything

4) https://t.co/vuhT6jVItx - Send notes that will self-destruct after being read.

Nik Kalyani
@techbubble

Newcomers to #crypto generally face one big problem — since we use a lot of jargon, many fundamental concepts are hard to understand.

I'm going to attempt to simplify things with plain English explanations for many crypto concepts.

Let's start with: #Wallets

🧵/1

Blockchain data can be freely read by anybody with the right tool, usually a web app written by a developer.

But in order to make a change to blockchain data such as sending funds to someone or minting an NFT, you need to send a "transaction" to the blockchain.

🧵/2

A "transaction" (Tx) is an action that changes blockchain data. It has four primary components:

1⃣ What the Tx will do? (ex: transfer funds)
2⃣ Information needed for the Tx? (ex: amount, recipient)
3⃣ Tx fees (aka "gas")
4⃣ Authorization for the Tx via a digital signature

🧵/3

A digital signature here isn't just your scribbled signature in picture form. It specifically means using cryptographic techniques to create a sealed digital envelope that mathematically proves that "you" approved the Tx.

The "you" in this case is not you, the person.

🧵/4

"You" really means someone or something in possession of a special piece of information called a "private key"

The private key is a secret piece of information associated with your blockchain account that is used by a special tool to digitally sign the sealed Tx envelope.

🧵/5

Sahil
@sahilypatel

Want to do an MBA for free ?

A thread 👇

1) Leadership: Foundations of Teamwork and Leadership

School: wharton

2) Marketing: Marketing Management

School: wharton

3) Microeconomics: Microeconomics for Managers

School:

4) Financial Theory

School:

Ayush Jaiswal
@aayushjaiswal07

When I moved to Delhi, @drriteshmalik took me in. I spent years with a family practicing these values, I'm so grateful. Unfiltered:

1. Trust: In business as in life, trust is the most cherished & underrated commodity. Doing the right thing, again & again when no one is watching.

Being ethical in your dealings. Business is never B2B/B2C it's always H2H (Human to Human).

Ensuring that you deliver value to people & build win-win outcomes is the only path to long-term, sustainable & holistic success.

You grow when all the stakeholders of your business grow along be it your team members, investors, board, consumers, customers, vendors, merchant partners, etc.

Business / any mission is an attempt to create an agglomeration of like-minded equally passionate individuals

to solve a challenge be it a product or a country. Trust is a product of Reliability multiplied by Consistency multiplied by Intimacy (NLP) divided by Self Interest.

First, ask what you can do for the relationship, your interest is a byproduct & will always be taken care of.

2. Be digital: We’re into the most exciting times in the history of mankind. We have an opportunity to alleviate human challenges at scale by leveraging technology.

Going forward post-pandemic, we’ll see the distinction between online & offline business would deplete.

Robert G. Reeve
@RobertGReeve

I'm back from a week at my mom's house and now I'm getting ads for her toothpaste brand, the brand I've been putting in my mouth for a week. We never talked about this brand or googled it or anything like that.

As a privacy tech worker, let me explain why this is happening. 🧵

First of all, your social media apps are not listening to you. This is a conspiracy theory. It's been debunked over and over again.

But frankly they don't need to because everything else you give them unthinkingly is way cheaper and way more powerful.

Your apps collect a ton of data from your phone. Your unique device ID. Your location. Your demographics. Weknowdis.

Data aggregators pay to pull in data from EVERYWHERE. When I use my discount card at the grocery store? Every purchase? That's a dataset for sale.

They can match my Harris Teeter purchases to my Twitter account because I gave both those companies my email address and phone number and I agreed to all that data-sharing when I accepted those terms of service and the privacy policy.

Here's where it gets truly nuts, though.

If my phone is regularly in the same GPS location as another phone, they take note of that. They start reconstructing the web of people I'm in regular contact with.

Kirtan A Shah
@KirtanShahCFP

Learn about the STEEL SECTOR in this thread

The demand for steel is generally only 1.2 times the GDP & there is no significant growth in our GDP but still the sector has rallied relentlessly, lets try & understand

Do ‘re-tweet’ & help us educate more investors (1/22)
#Investing

The metal sector is broadly divided into 2,
-Ferrous is a category of metal that has Iron in it, Steel as an example
-Non-Ferrous is a metal, which does not have Iron content, Aluminum, copper, lead, nickel, Zinc etc.
This thread focuses on Ferrous & hence Steel (2/22)

To start, lets understand with how steel is made (its important).
Iron ore is mined, it is then first converted to Iron & Iron is then converted to Steel. There are 3 processes of making steel
-Blast Furnace
-Scrap Metal
-DRIP/Sponge
We will discuss all three (3/22)

James Baird
@james_d_baird

The ultimate meta thread on thinking:

1.

Elon Musk is on record that he makes decisions using the same technique as Jeff Bezos.

I found YouTube videos of them explaining it.

A thread on thinking more clearly:
— Julian Shapiro (@Julian) April 3, 2021

2.

MEGA THREAD TIME

Here are 50 ideas that shape my worldview.

These are my guiding principles and the light of my intellectual life. All of them will help you think better, and I hope they inspire curiosity.
— David Perell (@david_perell) May 10, 2020

3.

The day you became a clearer thinker, you:

-started by identifying the real goal
-decomposed vague concepts
-framed the right questions
-sought more data or experience
-listened to multiple perspectives
-assessed upsides & downsides
-examined your own biases
-acted like an owner
— Shreyas Doshi (@shreyas) October 12, 2020

4.

I've taught thousands of people make smart decisions without getting lucky.

Here is a thread on 5 of the biggest reasons we fail to make effective decisions.
— Shane Parrish (@ShaneAParrish) February 2, 2021

$Liz (Welsh) Beechinor \U0001f605$

Liz (Welsh) Beechinor ...
@LizTweetsTech

My dad led an organization of over 300,000 employees.

When I took on my biggest marketing & events team to date (35 employees) I asked him how the *heck* he did it. Here's what he said and what helped me every day. 🧵

Remember you're leading all the employees under you, but you're not *managing* them all. You're managing your direct reports, which should be 5-7 individuals max. Focus on them.

When you interact with the employees you don't manage directly, get to know them as people first, that'll be the most valuable information in leading them. Remembering everything you learn about them is hard, but doing so will make you a superhero.

If you're not going to empower the managers under you, why do you have them? If you see room for improvement, let the manager know and let them make the change on their teams and come to you with questions/concerns. This will save you SO much time.

If you're the smartest person in any room - you're doing it wrong. As a leader, your job is bringing together the best people to get the job done - your skillset is identifying those people, not being one of them.

James Baird
@james_d_baird

Six threads better than a college degree:

1.

How to Get Rich (without getting lucky):
— Naval (@naval) May 31, 2018

2.

First principles thinking is a powerful mental model for driving non-linear outcomes. It also requires a willingness to ask difficult, uncomfortable questions.

Here are a few to help you get started: pic.twitter.com/KyuAr7IUf7
— Sahil Bloom (@SahilBloom) March 14, 2021

3.

Let\u2019s talk about High Agency: an attitude I\u2019ve seen in every successful product manager & leader I\u2019ve known.

Some ppl are born/raised with High Agency. It can also be developed later in life.

High agency is a prerequisite for making a profound impact in one's life & work

1/20 pic.twitter.com/8vPSbj4lKF
— Shreyas Doshi (@shreyas) June 27, 2020

4.

If you want to improve your writing, start by becoming a better note-taker.

Here are 10 ways to do that:

1. Save only the best notes: Don't hoard information. Save your top 5-10% of ideas only. That way, you can trust that everything in your note-taking system is high-quality.
— David Perell (@david_perell) March 29, 2020