"If you sit down with an orangutan and carefully explain to it one of your cherished ideas, you may leave behind a puzzled primate, but will exit thinking more clearly yourself."
Teaching others actually teaches yourself.
2022
I devoured 50 years of Warren Buffett shareholder letters.
The result?
12 timeless principles from the greatest investor in the world.
Here are the golden nuggets🧵
"If you sit down with an orangutan and carefully explain to it one of your cherished ideas, you may leave behind a puzzled primate, but will exit thinking more clearly yourself."
Teaching others actually teaches yourself.
2022
“A horse that can count to ten is a remarkable horse - not a remarkable mathematician.”
Beware your comparison set.
Are you judging crappy relative performance or absolute results?
1985
The business boat you get into is more important than how effectively you row.
“When a brilliant management team tackles a business with a reputation for poor fundamental economics, the reputation of the business usually stays intact.”
1985
"Good performance should be rewarded whether Berkshire stock rises or falls.
Average performance should earn no special rewards even if our stock soars."
Judge for individual performance or risk free riding on group success.
1986
Everyone tries to predict the future.
But it's a loser's game.
Instead of predicting rain, focus on building the Ark.
The Ark is a durable business that can weather the storm.
1981
Can you be content doing nothing?
"It has struck me that all men’s misfortunes spring from the single cause that they are unable to stay quietly in one room.”
- Blaise Pascal
1982
An exec team achieved the most elusive goal:
"Keeping things simple and remembering what you set out to do."
The bigger the project, the more we need a reminder of the goal and simple things to execute today.
1982
1) Consistent earning power: future projections are useless
2) Good returns on equity with little or no debt
3) Management in place: we can’t supply it
4) Simple businesses: if there’s lots of tech, we won't get it
1985
"If we hire people who are smaller than us, we become a company of dwarfs.
But, if we hire people who are bigger than us, we become a company of giants."
Great hiring makes you the dumbest in the room.
1987
Buy businesses with superstar managers.
"If we did more business operating, less would be accomplished.
Instead, get out of the way.
If you coach a basketball team with Lebron James, don't tell him how to dribble the ball.
1988
"Berkshire is my first love and one that will never fade:
At Harvard Business School last year, a student asked me when I planned to retire and I replied,
"About five to ten years after I die."
1998
"Good jockeys will do well on good horses, but not on broken-down nags."
It doesn't matter how good you are.
Pick the wrong market or a bad business model and you fail.
What you work on matters more than anything else.
1990
And thanks @tegusHQ for sponsoring this thread and being the best tool for investors and Corporate Development teams to get smart on any business.
https://t.co/I9qAwfJwij
I devoured 50 years of Warren Buffett shareholder letters.
— Chris Hladczuk (@chrishlad) February 27, 2022
The result?
12 timeless principles from the greatest investor in the world.
Here are the golden nuggets\U0001f9f5
And join 9,000+ others to get free threads to your inbox every week:
https://t.co/40QGb1e9GG
More from Chris Hladczuk
David Ogilvy is the King of Copywriting.
And in 1982 he writes a 38 lesson manifesto titled
"How to create advertising that sells"
Here are the top 7 tips that you can use today:
We Make the Wrong Promise
A promise is not a random claim or stupid slogan.
It is a benefit for the consumer.
And the product delivers that benefit.
Awards are Dumb
"Pursuing creative awards seduces creative people from pursuing sales."
Translation:
If your job is to sell, focus 100% of your energy on selling the product.
Not selling yourself to voters to win an award.
"Nobody was ever bored into buying a product."
Give it some magic and charm.
The iPhone vs. Blackberry is a modern
Hit the Headline
"On average, 5 times as many people read the headline vs. the body."
People are scared of writing clickbait titles.
But the truth is that clickbait exists only when you fail to keep your promise to the reader.
h/t @nicolascole77
And in 1982 he writes a 38 lesson manifesto titled
"How to create advertising that sells"
Here are the top 7 tips that you can use today:
We Make the Wrong Promise
A promise is not a random claim or stupid slogan.
It is a benefit for the consumer.
And the product delivers that benefit.
Awards are Dumb
"Pursuing creative awards seduces creative people from pursuing sales."
Translation:
If your job is to sell, focus 100% of your energy on selling the product.
Not selling yourself to voters to win an award.
"Nobody was ever bored into buying a product."
Give it some magic and charm.
The iPhone vs. Blackberry is a modern
Steve Jobs killed BlackBerry.
— Chris Hladczuk (@chrishlad) December 7, 2021
By creating a cult and inventing new rules
Here's the breakdown and why it matters\U0001f447
Hit the Headline
"On average, 5 times as many people read the headline vs. the body."
People are scared of writing clickbait titles.
But the truth is that clickbait exists only when you fail to keep your promise to the reader.
h/t @nicolascole77
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Trading view scanner process -
1 - open trading view in your browser and select stock scanner in left corner down side .
2 - touch the percentage% gain change ( and u can see higest gainer of today)
3. Then, start with 6% gainer to 20% gainer and look charts of everyone in daily Timeframe . (For fno selection u can choose 1% to 4% )
4. Then manually select the stocks which are going to give all time high BO or 52 high BO or already given.
5. U can also select those stocks which are going to give range breakout or already given range BO
6 . If in 15 min chart📊 any stock sustaing near BO zone or after BO then select it on your watchlist
7 . Now next day if any stock show momentum u can take trade in it with RM
This looks very easy & simple but,
U will amazed to see it's result if you follow proper risk management.
I did 4x my capital by trading in only momentum stocks.
I will keep sharing such learning thread 🧵 for you 🙏💞🙏
Keep learning / keep sharing 🙏
@AdityaTodmal
1 - open trading view in your browser and select stock scanner in left corner down side .
2 - touch the percentage% gain change ( and u can see higest gainer of today)
Making thread \U0001f9f5 on trading view scanner by which you can select intraday and btst stocks .
— Vikrant (@Trading0secrets) October 22, 2021
In just few hours (Without any watchlist)
Some manual efforts u have to put on it.
Soon going to share the process with u whenever it will be ready .
"How's the josh?"guys \U0001f57a\U0001f3b7\U0001f483
3. Then, start with 6% gainer to 20% gainer and look charts of everyone in daily Timeframe . (For fno selection u can choose 1% to 4% )
4. Then manually select the stocks which are going to give all time high BO or 52 high BO or already given.
5. U can also select those stocks which are going to give range breakout or already given range BO
6 . If in 15 min chart📊 any stock sustaing near BO zone or after BO then select it on your watchlist
7 . Now next day if any stock show momentum u can take trade in it with RM
This looks very easy & simple but,
U will amazed to see it's result if you follow proper risk management.
I did 4x my capital by trading in only momentum stocks.
I will keep sharing such learning thread 🧵 for you 🙏💞🙏
Keep learning / keep sharing 🙏
@AdityaTodmal
