Here are some lessons I learned from reading this book:

Can't Hurt Me, by #DavidGoggins

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6 Great Books To Understand Human Behavior 👇

1. Blink

2. Games People Play

3. Emotional Intelligence

4. The Confidence Game

5. Thinking, Fast And Slow

12 Top Lessons From "Deep Work"
A Book by #CalNewport

📙Book Summary (THREAD)

1. Deep Work

This is similar to the "flow" state that many psychologists references.

Newport defines deep work as, "the professional activities performed in a state of distraction-free concentration that pushes your cognitive capabilities to their limit".

Deep vs. Shallow:

2. Only Four Hours

Newport states that you can only do about four hours of deep work every day.

This isn’t a matter of concentration or practice; it’s a matter of human biology and psychology.

Think of your mind as a muscle. You can Stretch it to the theoretical 4 hour limit.

3. Deep Workers Win

Deep work consistently provides better results & a more excellent portfolio of work than traditional labor and strategies.

Emphasizing deep work and doing all you can to make this time as productive as possible will yield fantastic dividends in the long run

4. The Maker is Becoming More Important

Newport suggests that culture is shifting to celebrate the "maker" or the deep thinker.

This trend is most visible within pop-culture and content creation as people find their unique voices and reach wider audiences.

If you lack motivation to do most things or no longer enjoy the simple things in life:

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You must get gremlins off the pain side of your pleasure‐pain seesaw by doing one of two things:

➡️ PURSUE PAIN or ABSTAIN

#DopamineNation Part one:
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PURSUE PAIN
#AnnaLembke says, “Pressing on the pain side of the balance can lead to its opposite —pleasure.
Unlike pressing on the pleasure side, the dopamine that comes from pain is indirect and potentially more enduring.” 3/7

When you explore the following methods to pursue intermittent pain, you startle the gremlins camping out on the pain side of the pleasure‐pain seesaw and get them to jump over to the pleasure side:
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1.Turn down the temperature on the gremlins by plunging your body into an ice bath or enduring a cold shower for several minutes

The initial shock you experience will be followed by a gradual 200% rise in dopamine(equivalent to the dopamine rise one gets by snorting cocaine,
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10 Top Lessons From the Book
"Chatter"

📚Book Review (THREAD)

1. Introspection is a double-edged sword

💭Introspection—the ability to observe one’s own mental processes— is a valuable tool for reflection and decision-making.

But rather than make people feel better, introspection often leads them to experience something else.

2. Chatter

🗣️Chatter is the cycle of negative thoughts and feelings that turn our capacity for introspection into a vulnerability rather than a strength.

If you can master the art of introspection without the chatter, you can get your internal conversations back on track.

3. Talking to yourself can be helpful

👉Many people wonder how they can control their chatter. One way to do so is to talk to yourself using your name and the word “you,” as if you were advising someone else, a technique called “distant self-talk.”

4. Distant self-talk capitalizes on this idea

✍️Silently talking to yourself like you’re someone else—using “you” and your own name—helps you take a step back from your experience and put your problems in perspective.

10 Top Lessons From "The Dip"
✍️A book by @ThisIsSethsBlog

📚Book Summary (THREAD)

1. Be the Best

🥇Anyone who is going to hire you, buy from you, or do what you want them to do is going to wonder if you’re the BEST choice.

BEST: Best for them, right now, based on what they believe and what they know

THE WORLD: Their world, the world they have access to

2 . Quitting Is Not Failure

If you are not going to be the best, then you should just QUIT.

Quitting, in some scenarios, is actually essential for freeing up resources to get through the dips that matter.

This means you only have two options in life:
Quit or be Exceptional.

To become the best, you must understand these three curves:

3. The Cul De Sac:

1️⃣This first curve is where you work and work and work… but nothing changes. It doesn’t get a lot better; it doesn’t get a lot worse… it just is what it is.

Whenever you find one of these...

...you need to get off it fast.

The opportunity cost of investing your life in something that’s not going to get better is just too high.

@lalitinvestor Reason for this is lack of #Financial Literacy.

Hence we tell all retail investors, especially new ones to read some of these books and learn basics before investing or trading in #Stocks.

📚 available on https://t.co/zskR7qBBX5

20 Timeless Financial Lessons from the book:

"THE PSYCHOLOGY OF MONEY"

– Thread –

1. Our current relationships with money are based on our past experiences & We should avoid living in that illusion.

2. One can be wealthy without superior intelligence of financial education. You just need right behavioral skills.

3. Both luck & risk are an integral part of finance.

You can make good decisions that lead to poor financial outcomes vice-versa.

4. Saying “enough” is realizing that an appetite for more will push you to the point of regret.

5. Financial success is less of a science & more of a soft skill.

6. Buying impressive items to gain admiration & respect from others is a fool’s pursuit~ These things can not be bought.

7. Don’t move your goalpost to suit your current needs.

Once you have more money & power. It's easy to get lost in ambition so stick to your goal.

8. There are certain things which are never worth taking a risk like Character, Family, Friends & Freedom, Happiness.

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Sharing some takeaways from the book : India's Money Monarchs* , ONLY of the conversation with Sanjoy Bhattacharya.

* Available on Kindle Unlimited now.

@Vivek_Investor and @dmuthuk
I think you & your followers might like this . 🙂

#BookTwitter
#BookRecommendations

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🔸On How to Minimise Risk ?

* Look at long term volatility of Cash Flows ( assuming Financial Statements paint a fair picture )

* Check if business generates Free Cash Flow ( FCF). This ensures company is unlikely to be wiped out at the bottom of the cycle.

3/20
🔸Management Integrity matters.

You notice good governance only when it is gone !
Hence unless one has demonstrable proof on a long term basis that people are honest , consider them to be crooks .
Cynical approach but helps save us from losses !

4/20
🔸 Level of competitive intensity in the business matters. Risk is lower when there are fewer players.

More cut throat the industry , more finesse shall be required and growth shall depend on the ability to adapt and successfully execute.

5/20
🔸Try to anticipate what can change in a business .

Scanning the historical precedent or envisaging the future helps .

Inherent risks of business matter !

Sometimes these are completely overlooked & can prove to be extremely expensive.

8 Practical Idea🔧 from "The All-or-Nothing Marriage" /Part 1
⚡️Psychology Book Review

1⃣ The attitudes of men and women have significantly changed when it comes to marriage.

⭕️for modern women, it’s paramount that relationships not hinder personal freedom and growth.

⭕️As for the modern man, we can also see signs of how there is less willingness to compromise in a marriage.

2⃣ Marriage and personal fulfillment aren’t mutually exclusive, but commitment may involve some self-delusion.

⭕️marriage and personal fulfillment can, and do, coexist.

⭕️Since a marriage is a partnership, it contains a built-in support system, where each person can encourage and help the other in their own quest for self-growth and fulfillment.

12 must read books to overcome procrastination and anxiety

1. Atomic habits

2. Eat that frog

3. Unf#ck your brain

4. Declutter your mind

5. Hyperfocus