BC CULTURE
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1/ Here are my notes from @robertwrighter's book - Nonzero: the logic of human destiny. I enjoyed the book very much.

The basic premise of the book is that history has a direction which favors co-operation and non-zero sum games, and that causes an increase in complexity.

 2/ Starting from the first replicating molecule which co-operated with an outer layer to form first proto-cell, evolutionary and cultural history is full of examples where two entities come together to survive and progress a lot more than they would have done individually.
3/ This co-operative entity fares much better than two individual entities because of specialization. If two entities are in the same boat - that they win together or lose together - then trust is implicit.
4/ In a non-zero sum game, trust causes entities to focus on what they do best.

For example, eukaryotic cells - the ones animals and plants have - emerged when two proto-cells merged, and one took the role of energy generator (mitochondria), the other specialized in protection.
5/ Some scientists believe that even nucleus in a cell is a result of an early cell merging with another cell.

So M&A is not a recent phenomena, entities have been merging because of common interests ever since life started.
6/ Even a single cell is an emergent entity because different genes/DNA "decided" that co-operating and specializing via a single genome is a much better survival mechanism as compared to individual genes/DNA trying to replicate in the wild.
7/ By making an organism, the genes in the genes, seal their common fate. Either they survive together or they die together.

This is truly a non-zero sum game.
8/ However, within the broader non-zero sum game, there are oppurtunities for playing zero sum games.

Like, even though we're a family and there's a single ice-cream left in the fridge, you'd want to have it.
9/ After emergence of eukaroytic cells, the big leap was multiple eukaroyotic cells coming together to form a multi-cellular organism.
10/ An organism is a pact that billions of cells share that they either survive together or die together.

This "trust" enables them to specialize and co-operate together for better survival. Some become specialists at taking in oxygen, and others at writing poetry.
11/ Now onto cultural evolution.

What I thought was perhaps the most clever idea in the book: ideas that support co-operation and specialization survive and get adopted because they enable win-win deals for idea holders. (Non-zero sum games)
12/ Technologies - like hammer and spear - enable a group of humans to co-operate and do things they individually couldn't have done: like taking on a mammoth, or going to the moon.
13/ And there's a nice feedback loop in technology<--->co-operation cycle. The more people co-operate, the more they're able to specialize, which leads to more sophisticated technology.
14/ Out of all technologies, perhaps information technologies are most conducive to enabling more non-zero sum games.

As writing skill spread, more and more people entered into simple written contracts that helped people co-operate and specialize.
15/ Perhaps the biggest information technology was money and the corresponding meme of capitalism that helped people express their desires clearly and others to fulfil those desires.
16/ We have a thousand different types of shoes because shoe-makers today do not have to worry about baking their own bread. This "trust" in the larger entity of commerce helps everyone progress.
17/ This loop of technology<--->co-operation accelerates specialization and causes complexity to grow even in face of the second law of thermodynamics, which states universe tends to move towards dis-order.
18/ One good way to think why non-zero sum games are inevitable throughout history is to see that entities that co-operate overpower entities that don't.

In this way, war or threat of war actually causes people to come together as a nation-state.
19/ This threat of zero-sum or even negative sum game (of say "nuclear war" or "climate change") is the catalyst for greater levels of co-operation.

The book discusses EU and UN as early and emerging examples of a possible future "world govenment" (whataver shape it may take)
20/ So even though history is full of accidents and you can't precisely tell time and location of major shifts/innovations, you can tell that (social, information, energy and material) technologies that enable entities to co-operate are inevitable.
21/ Eye was "discovered" by evolution multiple times, and so was flight.

Similarly, the book argues, if humans vanish, perhaps our close cousins (primates) will have an oppurtunity to evolve towards greater level of co-operation and reinventing writing, capitalism and culture.
22/ That reminded me of the movie "Planet of the apes"!

Of course, tribalism is rampant today and the age of Trump and Brexit will be a good test for book's ideas. My sense is that these are hiccups and counter-trends such as crypto, Internet and UBI will enable cohesion.
23/ To reiterate: the trajectory of history pushes co-operation and complexity while the second law pushes dissolution and disorder.

Is it the old yin-yang meme at play? You decide.

That's all! The book is full of perspective-shifting insights. Hope you like my notes :)

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Recruit exceptional people by showing them a promised land.

a 🧵


1/ A recruitment strategy should be indistinguishable from a marketing strategy.

2/ Entrepreneurs spend a lot of time understanding the market, talking to customers & customizing marketing messages to customer segments.

However, they often fail to realize that recruiting people to work for you is no different from recruiting customers to use your product.

3/ It’s true that the key difference is that you’re asking for money from customers while you’re offering to pay money to prospective employees.

However, for exceptional people, money offered is a commodity because many other companies are offering them the same or higher money.

4/ Exceptional people never look for jobs; jobs look for them.
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Difference between wealth and money.

(a short 🧵 thread)

1/ As the oxygen crisis during 2nd covid wave in India has reiterated,

wealth = *stuff* we want
money = *numbers* in our bank

2/ Being wealthy is a matter of priorities, while being rich is a matter of luck and hard work.

3/ Our happiness and well being depends on the wealth we have, not the money.

One can have all the money in the world and still be miserable.

However if one has sufficient wealth, happiness is guaranteed (partly because that’s how wealth is defined).

4/ Here’s how to be wealthy without spending a dime:

- Exercise regularly
- Develop deep relationships
- Help other people
- Eat healthy
- Meditate
- Learn and develop skills
- Laugh
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Sugar was once promoted in newspaper ads as a healthy snack that helps save calories and prevents obesity.

Oh, how the tables turn.
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Here’s me trying to make sense of the unprecedented 2020 bull rally of stock markets.

(A thread)

1/ The simple answer to why stock markets are up is always that there’s more demand for stocks than supply.

So the real question is: why is there more demand for stocks?

2/ Actually, what’s happening is what should happen.

Central banks across the world, especially the fed in the US, are providing cheap liquidity across the board to institutions.

With interest rates falling to 0% and below, bonds are no longer attractive.

3/ The central banks are injecting this extra liquidity to stimulate economic activity.

They’ve made risk-free investments such as bonds so unattractive that the only place for money to go is towards relatively risky investments which are stocks.

4/ More than anything else, what central banks want is inflation.

They want things to become pricey so wages grow, profits grow and people’s perception of recession goes away because you’re getting more money than last year.
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Here is George Washington (with bow and arrow) pictured alongside the Goddess of America. 1/


Here is Christopher Columbus (seated at center) reporting his discovery of America to Queen Isabella of Spain.

So far, kinda normal, but wait for it.... 2/


Now it's the American Revolution. Here is George Washington defending his wife "Carol" from a British official named "Asura" (same characters as the Buddhist deity). 3/


And here is Washington's "second-in-command" John Adams battling an enormous snake. 4/


Here is Washington and his wife "Carol" meeting an extremely youthful Benjamin Franklin, who has an impressive squat. 5/
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Allons-y!

#WealthOfTweets #SmithTweets


Book Five of #WealthOfNations is all about the duties of the sovereign and how to pay for them. In this first part of chapter 1, we’re talking about the cost of defense. (V.i.a) #WealthOfTweets #SmithTweets


The sovereign's duty to protect the country can only be done through military force, but how you get the money to pay for that military varies according to time, place, and circumstance. (V.i.a.1) #WealthOfTweets #SmithTweets

In a hunter/gatherer society, everyone is always already a warrior, and since there isn’t really a sovereign or nation, no expense is required to maintain defense. Much the same is true of shepherding cultures. (V.i.a.2) #WealthOfTweets #SmithTweets

Armies of hunters are limited in size to a few hundred men (as they have to sustain themselves through the available game). Shepherds can muster larger forces because they bring their sustenance in the form of flocks. (V.i.a.3–5) #WealthOfTweets #SmithTweets
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Black movie goers know which movies are for us and which films aren’t. We really don’t like our stories being made into films that center (and humanize) people that hate us. The filmmakers/studio know that by naming the film “The Green Book”, black movie goers...

...are going to be expecting a story about black people trying to safely navigate the country (real history) and instead will get a white savior film. Like folks went to see Detroit thinking it was about the riots...

Anywhoo, I know Mahershela is fantastic in it. He was the best thing about the trailer. As rich as the history behind the creation of ‘The Green Book’ is/was, as amazing as Dr. Don Shirley’s story is, WHY is this film about a random, racist driver and his family?

This feeds into the ignorant anti-Black American stereotype of “Black Americans don’t have any culture/history/mythology” or whatever. That our stories are still both being used while simultaneously erased in 2018 is wild to me. It’s gonna clean up come award season. 🤦🏾‍♀️

And now, if black filmmakers WANTED to make a film about The Greenbook, guess what it can’t be called🙃. Just like if someone wanted to make a film about the actual Detroit riots, guess what it can’t be called? Then those filmmakers would run into...
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#WednesdayWagner Although each Wagner's creation has its own "sound world", and although leitmotif technique was not exactly exploited since the 1st one, there is a short gesture/motive that appears in ALL Wagner's operas. Don't you believe me? Keep reading ⬇️
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#WednesdayWagner This is the recurrent leitmotif: the 4-pitch gesture that can be listened to right at the beginning of Lohengrin 
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#WednesdayWagner In this first thread, let's go through the first 3 Wagner operas ("Der fliegende Holländer", "Tannhäuser" and "Lohengrin") to identify this small but powerful melody
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Lessons I learned from "Rich Dad, Poor Dad"

~ Thread ~

1. Put your money to work

You cannot get rich with your money in savings account,

Invest it in appreciating assets.

2. Amount of money retained matters

It is not the amount of money you make,

It's the amount of money you keep that matters.

3. Acquire assets

Rich people acquire assets while poor accumulates liabilities,

Your choices will determine your fate.

4. You are not born to work for others for lifetime

Most people consider this slavery as their life,

Completely forgetting the life possible beyond that.
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If u are looking to enter a scrip just before the breakout
what would u look for?
How would u identify scrips just before breakout?

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Carefully understand the them and use at ur own discretion
(All comments r compiled from a question i posed)

1/23

Price is testing the same resistance repeatedly since long.
But now in recent times it's forming multiple candles near the same resistance with low volume.
Observe it and see for opposite move.
As soon as u get a positive candle, get in to it.

2/23

1. Volume buildup (vol > when resistance point created) along with, increase in OI, increase in delivery % on HTF
2. On LTF, price stalling around breakout area for at least 1-2hr.
3. No major events.

3/23

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If there is any breach of the latest HL it should be followed by a bullish candle with good volume.
Left side of the chart has a rally with a very steep slope of ma.

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Number of wide range green bars with high volumes.
If stock is at its ATH then it adds more conviction bcz there wont b supply after that point

Consolidation below the resistance, volume of the candles & strong bullish candle closing at near highs just below the resistance

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Did you know?

When Saudi Arabia's King visited India in 1955, PM Nehru ordered all the Hindu Temples and Idols of Hindu Deities that came in Saudi King's way to be covered up.
Our temples are the architectural marvels in their own league.


Each of our temples tells the story of our rich history and cultural heritage. Was Nehru that ashamed of his own nation's heritage that he had to cover them up or there was some other reason? The answer would be best known to him only.

PM Nehru invited the then Saudi King Saud bin Abdul Aziz to India who accepted the invitation and planned a 17 day long official visit to India in 1955. Saudi King had brought a large delegation with him and he had to visit various Indian cities like Mumbai, Hyderabad, Agra,


Aligarh, Shimla, Mysore and Varanasi. However, when Saudi King reached Varanasi, Nehru ordered to cover all the temples and Idols with curtains that came in the way of the Royal Convoy. During his stay in Varanasi, Govt buildings were painted with the words "Kalma Tayyiba".


'Kalma Tayyiba' means 'There is not God but only Allah and Mohammed is his messenger'. In addition to it, Pooja and Aartis were also stopped at temples. I can call it the appeasement politics of the highest order and Nehru was indeed the greatest appeaser of all times.
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