THREAD: 15 of the most useful razors and rules I've found.
Rules of thumb that simplify decisions.
• If unsure what action to take, let your 80-year-old self make it.
• If unsure who to work with, pick the person that has the best chances of breaking you out of a 3rd world prison.
• If procrastinating on an item, you only have 2 options:
1. Make the pain of not doing it greater than the pain of doing it.
2. Make the pleasure of doing it greater than the pleasure of not doing it.
• If stuck with 2 equal options, pick the one that feels like it will produce the most luck later down the line.
I used this razor to go for drinks with a stranger rather than watch Netflix.
In hindsight, it was the highest ROI decision I've ever made.
• If someone brags about their success or happiness, assume it’s half what they claim.
• If someone downplays their success or happiness, assume it’s double what they claim.
The map is not the terrain.
• It always takes longer than you expect, even when you take into account Hofstadter’s Law.
Every project costs 2x as much and takes 3x as long - even when you factor this into your projections.
• If you have a project, combat Hofstader's Law by setting a ridiculously ambitious deadline.
Even if it takes 3x longer than the deadline, you're ahead of everyone else.
Elon Musk missing his super human deadlines is a feature rather than a bug.
• If you have 2 choices to make and it's 50/50, take the path that’s more painful in the short term.
• If a task is worth less than your ambitious hourly rate - outsource it, automate it or delete it.
H/T - @naval
• Never allow yourself to have an opinion on a subject unless you can state the opposing argument better than the opposition can.
Steelman Arguments > Strawman Arguments
• If something can be settled by experiment or observation, then it is not worthy of debate.
UFC 1 >>> Decade long debates on the best martial arts
• If unsure what action to take - ask what the hero in the movie would do.
• If you're intensely passionate about something and nobody around you is interested in it - assume the scale of the internet might help you find them.
• If presented with two seemingly equal candidates for a role, pick the one with the least amount of charisma.
The uncharismatic one has got there despite their lack of charisma.
The charismatic one has got there with the aid of their charisma.
• The more uncomfortable the activity, the more likely it will lead to growth.
• The more comfortable the activity, the more likely it will lead to stagnation.
1000 uncomfortable hours > 10,000 comfortable hours
• When telling a story, if it's non-essential - don't include it.
"If you say in the 1st chapter that there is a rifle hanging on the wall, in the 2nd or 3rd chapter it absolutely must go off. If it's not going to be fired, it shouldn't be hanging there."
• Simple assumptions are more likely to be correct than complex assumptions.
Avoid Occam's Duct Tape:
• Someone who approaches a problem with a ridiculously large number of assumptions.
• If struggling to think clearly about a subject, draw it out.
Here's Walt Disney's drawing he made in 1957 of the Media Empire he wanted to build.
• Never need to monetize your artistic pursuits. You won't have to sacrifice your inner joy and vision for a payday.
Arnold made millions from property and D2C bodybuilding guides so he never had to say yes to acting gigs he didn't like.
100% high signal. 0% spam.
Check it out 👉 https://t.co/gZLFoqxVV0
More from George Mack
Compressing a 6-year career into the best 8 ideas:
1. Contrast Is A Drug
• Rolls Royce stopped exhibiting at car shows
• They started exhibiting at private aircraft shows
• "If you've been looking at jets all afternoon, a £300,000 car is an impulse buy. It's like putting the sweets next to the counter" - @rorysutherland
2. The Best Content Involves A Red Pill
• "If you want to build a good podcast, following, or blog - you've gotta create your red pill"
• Hand society something they're not hearing anywhere
• Society says blue pill. Your content says red pill.
(@finnscave via @ShaanVP)
• The irony is that the red pill metaphor is itself a red pill - once you see it, you can never unsee it.
• The best content creators on the internet all have their own red pill, which makes their content so enticing.
E.g. @jockowillink's red pill:
• Society's Blue Pill: Writing is a boring activity from school
• @david_perell's Red Pill: Writing online is the fastest way to accelerate your career
Here's a public list of marketing tools I recommend:
Twitter Advanced search on steroids.
Whenever you visit someone's account, see their most popular Tweets of all time in order.
H/T @Julian for this
2. Good UI
Historical log of successful and failed A/B tests from the likes of Amazon, Netflix, Google
See how your website looks across every device.
Got an Android user complaining how your website looks but you only have an iPhone? Use Blisk.
4. Really Good Emails
Struggling with email ideas?
Library of thousands of quality emails to get inspo from.
1. Data is like protein:
It’s valuable - but it shouldn’t be your *only* input.
If all your decisions are guided by A/B tests, you’ll eventually end up with a porn site.
2. The infinite ROI skill stack:
A. Understand how people work - Lindy.
B. Understand platforms + culture - Ever-changing.
Live in the barbell.
3. The best marketers are open source for the *first time ever*
• You can visit ad libraries
• You can sign up to newsletters
• You can see the copy on their website
There's no centralised database like Github - but it's there for the resourceful
4. Copy or reverse-engineer
A. If you want to do good marketing, just copy the greats.
B. If you want to do great marketing, reverse engineer the principles behind great marketing.
Warning: You will then be copied.
5. Think with headlines first
Mr. Beast has full time staff who's sole job is to write headlines for YouTube videos.
If the headline is good, they then make the video.
This is the inverse of making the headline fit the story.
Think of distribution before creation.
Writers like @rickygervais do their best work on airplanes.
Here's 6 reasons why.
What looks like a bug - can often be a feature.
“A change of perspective is worth 80 IQ points.”
The restrictions we face on airplanes is what makes the experience so liberating.
AIRPLANE FEATURE 1 - HIGH EXIT COSTS
You can't find any escapes.
If you try to escape, you face death.
Negative incentives are built into the system.
"Incentives are a super power." - Charlie Munger
AIRPLANE ADVANTAGE 2 - NO INPUTS
There's no newsfeeds to refresh. No emails to reply to.
It's like knowing your heroin dealer is in a coma.
Boredom is built into the system.
Your monkey mind can't access dopamine - so it starts creating its own.
It is a distraction-free environment:
1. No socialising - You don't know anyone. No small talk.
2. No sound inputs - The engine acts as white noise.
3. No visual inputs - The seating structure means you see barely anybody.
More from All
A paadal Petra sthalam where Shiva took the form of Sundareswarar (the handsome one) and married Devi Parvati (Meenakshi).
Devi is also known by the name Angayarkanni (mother with the beautiful fish eyes).
Devi Meenakshi emerged from yagna fire as a 3 year old girl when Pandyan King Malayadwaja and Kanchanamalai were praying for a child.
It is said that Devi was born with three breasts and there was a prophesy that her superfluous breast would melt away when she met her husband.
Devi ruled over Madurai and captured Indralok. She went on to capture Kailasha. When she saw Shiva, her 3rd breast disappeared and she realised that Shiva would be her consort.
The divine marriage was attended by all Devas and Sri Vishnu (as her brother) gave her hand to Shiva.
It is said that Indra found a swayambhu lingam at Kadamba Vanam. He placed it in Madurai where the kshetram stands. Here, Shiva is seen on the vehicle of Indra.
The Golden Lotus Tank is said to be the place where a golden lotus blossomed for the puja performed by Indra.
The Meenakshi Thirukalyanam festival is celebrated in the Chithirai month to mark the divine marriage of Meenakshi Amman. The festival includes a procession where Meenakshi and Sundareshwara travel in a chariot and Sri Vishnu gives away his sister in marriage to Shiva.
Timur Lang, was the founder of Timurid Empire. He was born in April 1336 CE, somewhere in central asia.
During his reign, he conquered Persia, Egypt, Central Asia and emerged as the most powerful and heinous ruler. He was a religious fanatic like the rest of the Islamic invaders who tried to invade India.
Timur Lang decided to invade India in 1398 as he heard about India's splendid wealth and had a desire to conquer India which his ancestor Genghis Khan couldn't do.
After Firoz Shah's demise in1388, Delhi Sultanate was in a state of political turmoil.During this time, Timur sent his grandson Pir Mohammad to attack Indian front. He invaded Multan&was able to defeat Iqbal Khan's brother but when he met with resistance,he asked help from Timur.
Iqbal Khan secured his hold on Delhi under Muhammad Tughluq after Firoz Shah died.
Timur provided the required back-up to his grandson with 100000 men approx. Timur sacked and plundered all the cities coming in his way &later in October 1398 reunited with his grandson.
Ironies of Luck https://t.co/5BPWGbAxFi— Morgan Housel (@morganhousel) March 14, 2018
"Luck is the flip side of risk. They are mirrored cousins, driven by the same thing: You are one person in a 7 billion player game, and the accidental impact of other people\u2019s actions can be more consequential than your own."
I’ve always felt that the luckiest people I know had a talent for recognizing circumstances, not of their own making, that were conducive to a favorable outcome and their ability to quickly take advantage of them.
In other words, dumb luck was just that, it required no awareness on the person’s part, whereas “smart” luck involved awareness followed by action before the circumstances changed.
So, was I “lucky” to be born when I was—nothing I had any control over—and that I came of age just as huge databases and computers were advancing to the point where I could use those tools to write “What Works on Wall Street?” Absolutely.
Was I lucky to start my stock market investments near the peak of interest rates which allowed me to spend the majority of my adult life in a falling rate environment? Yup.
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The DOJ transition period JUST ENDED when Sessions left. Almost 2 exact years to get it there.
Pompeo at the CIA took over a year before he was done and ready to shift over to the State Department.
All kinds of stuff has been going on behind the scenes nobody leaks or talks about.
We only had the barest mention of the fact the Clinton Email investigation restarted
Nobody leaked in a year that Huber was deep diving into the Clinton Foundation.
Keep that in mind as all the usual suspects continue to INSIST nothing is happening/going to happen.
Mitesh Sir's Positional Option Selling 101:
• How to find direction
• Which options to sell
• How to deploy capital
• Exit criteria
• What ROI he targets weekly
• What % risk he takes
Done with the help of @niki_poojary
How @Mitesh_Engr Sir finds the direction?
• Daily charts S/R
• 75 min charts S/R
• Intraday trend
• Always play directional
• Never trades in strategies
Which options to sell in weekly expiry according to @Mitesh_Engr?
• Weekly candle High/Low
• Sell 1% away options from those
• Exit when levels breached
Position Sizing by @Mitesh_Engr Sir.
How to deploy your capital?
• First sell 20%
• Pyramid the next day
• When to exit
• What to do when view goes wrong
• What to do with idle capital
Some important tweets of @Mitesh_Engr Sir
• What Data to look at
• ROI for safe players per month
• Max risk per day
• Gather knowledge and play directional
• Never play strategies
A story of a brave woman who let her "breast" cut to protect the life of Netaji Subhash Chandra Bose!
Neera Arya was born on March 5 1902 in Khekra Nagar, Uttar Pradesh in a distinguished & eminent businessman Seth Chhajumal's family. Since her childhood,
She was a true nationalist & always had a vision of becoming a part of the freedom fighter movement. She was also reportedly accused as an undercover by the British Govt.
That was the time when her father's business was flourishing in Calcutta, though his business was..
spread across the country but Calcutta was the center of his business and that was one of the reasons why her education was done in Calcutta. During that period of time, she had learned quite a few languages along with Bengali, Hindi, English.
Her father got her married to a CID Inspector "Shrikant Jairanjan Das" in British India but they were two different individuals, Neera Arya was a true nationalist but her husband was a true British servant. She was highly motivated & she had an urge of getting us freedom..
so she ended up joining the Jhansi Regiment in Azad Hind Fauz after the marriage. It was the regiment that the British always accused them of spying on British Govt.
It was the time when Neera's husband Jairanjan Das was given the responsibility to spy on Netaji Subhash..
See this thing that @lymanstoneky wrote:
And see this thing that I wrote:
And see this book that @JamesFallows wrote:
And see this other thing that I wrote: