20 Timeless Financial Lessons from the book:

"THE PSYCHOLOGY OF MONEY"

– Thread –

$USOIL

With the inching up of reaction lows, the targets are placed at $125 and $134.

In a different case scenario, Let's not rule out the possibility- If the price continues to sustain above the level of $104, Might see a hit towards the level of $150 as well.

#CrudeOil

KOTAK BANK

In case of a breakdown below 1787.80, the level of 1727 looks likely.

Invalidation level: 1848.80

#DEEPAKNITRITE
Might test the baseline of the pattern along with the descending resistance.

#StocksToWatch

#M_M

Example: Whenever a support or resistance level is broken through significantly, they reverse their roles.

With the range breakout, extended target on the upside at 1205.00

Invalidation level: 972.65

@CoachGossett13 @chambershoops @TJ_NoZer0Days Hope you enjoy it 📚

Raise Your Game: High-Performance Secrets from the Best of the Best 🏆

Lessons I Learned From the Book

"13 Things Mentally Strong People Don’t Do"
✍🏻 @AmyMorinLCSW

📚 Book Review (thread)

1.Mentally Strong People Don’t Worry About Pleasing Everyone

Pleasing everyone can negatively impact mental strength.

When you accept you won’t please everyone, you become stronger and build courage when you anticipate displeasing others.

2.They Don’t Feel the World Owes Them Anything

Mentally strong people can shift their focus away from their debt. Hence, they can help people in need. Mentally strong people keep themselves busy doing good deeds.

3.They Don’t Waste Time Feeling Sorry for Themselves

No one is immune to hard times. However, it is how you react to these situations that is important. They replace self-pity with gratitude.

4.They Don’t Resent Other People’s Success

Overcome your envy of other people’s success and learn how to use their success to your benefit.

When people enjoy and celebrate success, they attract other successful people, creating opportunities for collaboration success.

10 Powerful Lessons of the book “The Art of Thinking Clearly”

| Thread 🧵

1. Never underestimate the hard work and lower probability of success, just because we are shown more successful people than many more actual failures.

It does not mean, in any way, that you should not dream big. It just says that dont get overawed by the number of success stories you read and assume that success would be easy. No one prints the failure stories.

2. Confirmation bias is the mother of all misconceptions.

It is a tendency to interpret new information so that it becomes compatible with our existing theories.

Warren Buffet has seen people losing money with this because they ignore facts which contradict the theory in the mind of the investor.

Dis-confirming evidence must be seeked out to beat this theory.

1/22
I first read this book in 2009 after losing 80% of my monies on Penny stocks as a student when the 2008 drawdown happened.

Thought it was too simple !

Now in 2021, I think this is one of the best books to absorb & implement.

A 🧵

#BookTwitter
#BookRecommendations

2/22
Investing means different things to different people - Be it health/ career/external assets with an intent to reap benefits in future.

So then is everyone an Investor ?
No.
When people do different things with even same investment products we give it a different name.
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3/22
Investing is a PERSONAL Plan .
It's NOT a product . NOT a procedure.

One needs to have a clear picture of one's financials BEFORE making an investment plan.

Investment products comprise of items with distinct characteristics DESIGNED to satisfy a particular need.
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4/22
Nothing is permanent except CHANGE.
Same applies for market cycles.
Different Asset Classes help us in that.

By smart movement one can increase the velocity of one's money.

It is NOT about timing the markets.
It's ABOUT the trends in an asset class.

Few pointers
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5/22
Many folks acquire Speculative habits mistakenly thinking they are Investing. ☠️

L.T Investing is central for optimum returns.
Markets will be volatile.
But in long run shall only go ⬆️

Some notes on Cash Flow & Capital Gains Model , Speculation & Law of The Farm
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10 lessons from @warikoo ’s book “DO EPIC SHIT”

An illustrated thread. 🧵

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