Most people are not in the position to be as candid as they want to be.
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 👇
Most people are not in the position to be as candid as they want to be.
It demystifies your 'greatness’, makes it more normal, and lets others relate.
It leads to an inevitable moment when people start questioning their happiness.
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.
Happy engineer is better than an unhappy engineer.
Happy artist is better than an unhappy artist.
And so on.
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.
Running a happiness race with money is more distractive than if you do it without money.
Path to happiness is an internal process.
Freedom one is easily copied.
We should provide them a reasonable roadmap that they can execute.
The opportunity is to curate and cultivate a community around that to help people. For everyone.
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.
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.
+ 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.
@elonmusk enters the room 🚪
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
That is a good strategy. It solves your blind spots.
Protect you from yourself.
It is a money-making strategy.
Spending time understanding yourself is enormously helpful.
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.
More from Culture
@bellingcat's attempt in their new book, published by
@BloomsburyBooks, to coverup the @OPCW #Douma controversy, promote US and UK gov. war narratives, and whitewash fraudulent conduct within the OPCW, is an exercise in deception through omission. @BloomsburyPub @Tim_Hayward_
1) 2000 words are devoted to the OPCW controversy regarding the alleged chemical weapon attack in #Douma, Syria in 2018 but critical material is omitted from the book. Reading it, one would never know the following:
2) That the controversy started when the original interim report, drafted and agreed by Douma inspection team members, was secretly modified by an unknown OPCW person who had manipulated the findings to suggest an attack had occurred. https://t.co/QtAAyH9WyX… @RobertF40396660
3) This act of attempted deception was only derailed because an inspector discovered the secret changes. The manipulations were reported by @ClarkeMicah
and can be readily observed in documents now available https://t.co/2BUNlD8ZUv….
4) @bellingcat's book also makes no mention of the @couragefoundation panel, attended by the @opcw's first Director General, Jose Bustani, at which an OPCW official detailed key procedural irregularities and scientific flaws with the Final Douma Report:
@BloomsburyBooks, to coverup the @OPCW #Douma controversy, promote US and UK gov. war narratives, and whitewash fraudulent conduct within the OPCW, is an exercise in deception through omission. @BloomsburyPub @Tim_Hayward_
\u201cAllegations of our involvement with the intelligence services are of course false,\u201d says Bellingcat founder @EliotHiggins https://t.co/55V7sJV9or
— UnHerd (@unherd) February 15, 2021
1) 2000 words are devoted to the OPCW controversy regarding the alleged chemical weapon attack in #Douma, Syria in 2018 but critical material is omitted from the book. Reading it, one would never know the following:
2) That the controversy started when the original interim report, drafted and agreed by Douma inspection team members, was secretly modified by an unknown OPCW person who had manipulated the findings to suggest an attack had occurred. https://t.co/QtAAyH9WyX… @RobertF40396660
3) This act of attempted deception was only derailed because an inspector discovered the secret changes. The manipulations were reported by @ClarkeMicah
and can be readily observed in documents now available https://t.co/2BUNlD8ZUv….
4) @bellingcat's book also makes no mention of the @couragefoundation panel, attended by the @opcw's first Director General, Jose Bustani, at which an OPCW official detailed key procedural irregularities and scientific flaws with the Final Douma Report:
. 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..
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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Fake chats claiming to be from the Irish African community are being disseminated by the far right in order to suggest that violence is imminent from #BLM supporters. This is straight out of the QAnon and Proud Boys playbook. Spread the word. Protest safely. #georgenkencho
There is co-ordination across the far right in Ireland now to stir both left and right in the hopes of creating a race war. Think critically! Fascists see the tragic killing of #georgenkencho, the grief of his community and pending investigation as a flashpoint for action.
Across Telegram, Twitter and Facebook disinformation is being peddled on the back of these tragic events. From false photographs to the tactics ofwhite supremacy, the far right is clumsily trying to drive hate against minority groups and figureheads.
Declan Ganley’s Burkean group and the incel wing of National Party (Gearóid Murphy, Mick O’Keeffe & Co.) as well as all the usuals are concerted in their efforts to demonstrate their white supremacist cred. The quiet parts are today being said out loud.
The best thing you can do is challenge disinformation and report posts where engagement isn’t appropriate. Many of these are blatantly racist posts designed to drive recruitment to NP and other Nationalist groups. By all means protest but stay safe.
There is co-ordination across the far right in Ireland now to stir both left and right in the hopes of creating a race war. Think critically! Fascists see the tragic killing of #georgenkencho, the grief of his community and pending investigation as a flashpoint for action.
Across Telegram, Twitter and Facebook disinformation is being peddled on the back of these tragic events. From false photographs to the tactics ofwhite supremacy, the far right is clumsily trying to drive hate against minority groups and figureheads.
Be aware, the images the #farright are sharing in the hopes of starting a race war, are not of the SPAR employee that was punched. They\u2019re older photos of a Everton fan. Be aware of the information you\u2019re sharing and that it may be false. Always #factcheck #GeorgeNkencho pic.twitter.com/4c9w4CMk5h
— antifa.drone (@antifa_drone) December 31, 2020
Declan Ganley’s Burkean group and the incel wing of National Party (Gearóid Murphy, Mick O’Keeffe & Co.) as well as all the usuals are concerted in their efforts to demonstrate their white supremacist cred. The quiet parts are today being said out loud.
There is a concerted effort in far-right Telegram groups to try and incite violence on street by targetting people for racist online abuse following the killing of George Nkencho
— Mark Malone (@soundmigration) January 1, 2021
This follows on and is part of a misinformation campaign to polarise communities at this time.
The best thing you can do is challenge disinformation and report posts where engagement isn’t appropriate. Many of these are blatantly racist posts designed to drive recruitment to NP and other Nationalist groups. By all means protest but stay safe.
MASTER THREAD on Short Strangles.
Curated the best tweets from the best traders who are exceptional at managing strangles.
• Positional Strangles
• Intraday Strangles
• Position Sizing
• How to do Adjustments
• Plenty of Examples
• When to avoid
• Exit Criteria
How to sell Strangles in weekly expiry as explained by boss himself. @Mitesh_Engr
• When to sell
• How to do Adjustments
• Exit
Beautiful explanation on positional option selling by @Mitesh_Engr
Sir on how to sell low premium strangles yourself without paying anyone. This is a free mini course in
1st Live example of managing a strangle by Mitesh Sir. @Mitesh_Engr
• Sold Strangles 20% cap used
• Added 20% cap more when in profit
• Booked profitable leg and rolled up
• Kept rolling up profitable leg
• Booked loss in calls
• Sold only
2nd example by @Mitesh_Engr Sir on converting a directional trade into strangles. Option Sellers can use this for consistent profit.
• Identified a reversal and sold puts
• Puts decayed a lot
• When achieved 2% profit through puts then sold
Curated the best tweets from the best traders who are exceptional at managing strangles.
• Positional Strangles
• Intraday Strangles
• Position Sizing
• How to do Adjustments
• Plenty of Examples
• When to avoid
• Exit Criteria
How to sell Strangles in weekly expiry as explained by boss himself. @Mitesh_Engr
• When to sell
• How to do Adjustments
• Exit
1. Let's start option selling learning.
— Mitesh Patel (@Mitesh_Engr) February 10, 2019
Strangle selling. ( I am doing mostly in weekly Bank Nifty)
When to sell? When VIX is below 15
Assume spot is at 27500
Sell 27100 PE & 27900 CE
say premium for both 50-50
If bank nifty will move in narrow range u will get profit from both.
Beautiful explanation on positional option selling by @Mitesh_Engr
Sir on how to sell low premium strangles yourself without paying anyone. This is a free mini course in
Few are selling 20-25 Rs positional option selling course.
— Mitesh Patel (@Mitesh_Engr) November 3, 2019
Nothing big deal in that.
For selling weekly option just identify last week low and high.
Now from that low and high keep 1-1.5% distance from strike.
And sell option on both side.
1/n
1st Live example of managing a strangle by Mitesh Sir. @Mitesh_Engr
• Sold Strangles 20% cap used
• Added 20% cap more when in profit
• Booked profitable leg and rolled up
• Kept rolling up profitable leg
• Booked loss in calls
• Sold only
Sold 29200 put and 30500 call
— Mitesh Patel (@Mitesh_Engr) April 12, 2019
Used 20% capital@44 each
2nd example by @Mitesh_Engr Sir on converting a directional trade into strangles. Option Sellers can use this for consistent profit.
• Identified a reversal and sold puts
• Puts decayed a lot
• When achieved 2% profit through puts then sold
Already giving more than 2% return in a week. Now I will prefer to sell 32500 call at 74 to make it strangle in equal ratio.
— Mitesh Patel (@Mitesh_Engr) February 7, 2020
To all. This is free learning for you. How to play option to make consistent return.
Stay tuned and learn it here free of cost. https://t.co/7J7LC86oW0
