Today, I re-listened a VERY HONEST interview with Chamath Palihapitiya (@chamath) on @TKPPodcast.
For the 3rd time.

He is is an extremely confident humble person and the talk is pure gold. Highly recommend it. Hats off to @ShaneAParrish!

I
combined key learnings below 👇

It is valuable when you can speak the truth.
Most people are not in the position to be as candid as they want to be.
When you talk about what you’ve gone through it is useful to people, especially when you talk in simple and plain-spoken terms.

It demystifies your 'greatness’, makes it more normal, and lets others relate.
Many people have to do things that are motivated by other people's perceptions of them motivated by the pressure that is extorted by people that are very close around them i.e. friends and family.

It leads to an inevitable moment when people start questioning their happiness.
Younger generations are more honest to themselves.

They are willing to be happy in the way they defined it to themselves.



Older generations were just checking the boxes.
Many people realize that it is not the pattern to maximize their fulfillment.
Being happy generates better outcomes.



Happy engineer is better than an unhappy engineer.

Happy artist is better than an unhappy artist.



And so on.
Lying is a simple coping mechanism we all have.

Being honest leads to happiness. When you lie to someone you first lie to yourself.

The more comfort you have with yourself, your self-worth, and your limitations the more honest you can be.
Do things that a younger version of yourself would be proud of.
Money accelerates when you can declare yourself free. It liberates people and gives them freedom. However, it does not make them happier.

Running a happiness race with money is more distractive than if you do it without money.
People should separate two paths: one is the path to freedom, the second one is the path to happiness.

Path to happiness is an internal process.
Freedom one is easily copied.
More people should believe they can be economically sufficient. We would be surprised how many people are intellectually capable of achieving financial freedom on their own.

We should provide them a reasonable roadmap that they can execute.
The most undervalued asset people completely miss the most is adding value to people's lives.
We are going to financialize everything and fractionalize ownership of almost everything.

The opportunity is to curate and cultivate a community around that to help people. For everyone.
When considering capital allocation think about what sectors of the economy will benefit regardless of interest rates.

These are very simple, hierarchical ideas.

Figure out the right mix of early vs. late stage, public vs. private then you can come up with the answer.
Jeff Bezos is a better capital allocator than Warren Buffet.

If you take a look at Amazon's PnL and zoom in at every single expense line, you will see that he created a product around it and made it a revenue line.

That is why capital allocation is an amazing skill.
Capital allocation summary:

+ you want long-term growth
+ the higher the growth the better
+ in areas that matter for people

In 10 years from now, it is going to be a playbook that works.
Think about what will be more important and how to accelerate the right outcome. The world’s first trillionaire will be somebody in climate change.

@elonmusk enters the room 🚪
Successful investing is about behavior and psychology.
You are always going to fight with yourself.

Numerous psychological traps:
- panicking
- overreacting
- underreacting
- refusing to observe the present
- living too much in the past
- wanting to much to believe in the future
Data is there to observe. Define certain behavioral principles that protect you from your own psychology.

That is a good strategy. It solves your blind spots.
Protect you from yourself.
Focusing on your happiness, through exploring who you are, finding your weaknesses and blind spots, eventually will make you a better investor.

It is a money-making strategy.

Spending time understanding yourself is enormously helpful.
Let yourself be seduced by some people’s narrative.

If you will be fundamentally inoffensive in your opinions upfront, you find people who have extreme opinions will talk to you in a very unguarded way.

Train yourself to be seduced by these people, so you can learn from them.
Start with no opinion.

Allow yourself to understand your enemy's opinion, but don’t get caught by it. Learn to come back home. 🏡

More from Culture

One of the authors of the Policy Exchange report on academic free speech thinks it is "ridiculous" to expect him to accurately portray an incident at Cardiff University in his study, both in the reporting and in a question put to a student sample.


Here is the incident Kaufmann incorporated into his study, as told by a Cardiff professor who was there. As you can see, the incident involved the university intervening to *uphold* free speech principles:


Here is the first mention of the Greer at Cardiff incident in Kaufmann's report. It refers to the "concrete case" of the "no-platforming of Germaine Greer". Any reasonable reader would assume that refers to an incident of no-platforming instead of its opposite.


Here is the next mention of Greer in the report. The text asks whether the University "should have overruled protestors" and "stepped in...and guaranteed Greer the right to speak". Again the strong implication is that this did not happen and Greer was "no platformed".


The authors could easily have added a footnote at this point explaining what actually happened in Cardiff. They did not.
. THREAD 1/x

David Baddiel is getting lots of coverage and feedback on his book which again focuses on so called 'left wing' antisemitism.

I will start by saying that I have seen antisemitic comments made by Labour members and some genuine cases.

However, I have huge concerns.


2/x

Let's look in detail at this article written in April 2019 in the @Guardian - and I will explain the concerns.

The areas highlighted guide you to believe this was all Labour - IT WASN'T.

It also occurred before 2015! Detail follows...

https://t.co/cK59FP83aG


3/x

So as you see the writer of this rather deceitful piece starts with

"THAT CHANGED IN SEPTEMBER 2015" 🙄

This was done to point the timeframe as Corbyn's leadership. Yet the article goes on to describe things that are not even related to Labour, which occurred in 2014.


4/x

So... What in fact the @Guardian writer is discussing here is this case - where a group of Neo-Nazi's spent months inflicting abuse on Jewish MP Luciana Berger

All the detail is in the Court Notes when Bonehill-Paine was sentenced by the judge.

https://t.co/wAyo6Yro5Q


5/x

The Justice sentencing remarks to Neo-Nazi explain the previous cases too. See the date 2014.

Yet the Guardian writer refers to this NON LABOUR case to effectively make her article a lie.

"Star of David" - this was Garron Helm another neo-Nazi..

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The first ever world map was sketched thousands of years ago by Indian saint
“Ramanujacharya” who simply translated the following verse from Mahabharat and gave the world its real face

In Mahabharat,it is described how 'Maharishi Ved Vyasa' gave away his divine vision to Sanjay


Dhritarashtra's charioteer so that he could describe him the events of the upcoming war.

But, even before questions of war could begin, Dhritarashtra asked him to describe how the world looks like from space.

This is how he described the face of the world:

सुदर्शनं प्रवक्ष्यामि द्वीपं तु कुरुनन्दन। परिमण्डलो महाराज द्वीपोऽसौ चक्रसंस्थितः॥
यथा हि पुरुषः पश्येदादर्शे मुखमात्मनः। एवं सुदर्शनद्वीपो दृश्यते चन्द्रमण्डले॥ द्विरंशे पिप्पलस्तत्र द्विरंशे च शशो महान्।

—वेद व्यास, भीष्म पर्व, महाभारत


Meaning:-

हे कुरुनन्दन ! सुदर्शन नामक यह द्वीप चक्र की भाँति गोलाकार स्थित है, जैसे पुरुष दर्पण में अपना मुख देखता है, उसी प्रकार यह द्वीप चन्द्रमण्डल में दिखायी देता है। इसके दो अंशो मे पीपल और दो अंशो मे विशाल शश (खरगोश) दिखायी देता है।


Meaning: "Just like a man sees his face in the mirror, so does the Earth appears in the Universe. In the first part you see leaves of the Peepal Tree, and in the next part you see a Rabbit."

Based on this shloka, Saint Ramanujacharya sketched out the map, but the world laughed