Today WhatsApp wished it's users good morning. Accept the updated terms and conditions or say goodbye. (Thread 1/n) It is effective from Feb 8, 2021.
Let us at least have a choice. No good ever came from monopoly.
https://t.co/4QHY5T1xdE
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(should also be useful for Eng, Design, Data Science, Mktg, Ops folks who want to get better at PM work or want to build more empathy for your PM friends ☺️)
(oh, and pls also share *your* favorite resources below)
👇🏾
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Product Management - Start Here by @cagan
(hard to go wrong if you start with Marty Cagan’s
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Tips for Breaking into PM by @sriramk
(I’ve recommended this thread in my DMs more often than any other thread, by a pretty wide
Breaking into PMing - a \U0001f9f5 // A question folks from eng/design/other functions often have how to become a PM in a tech co.
— Sriram Krishnan (@sriramk) April 14, 2020
It can seem non-obvious and differs with each company but here are some patterns I've seen work. All the below assumes you have no PMing on your resume.
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Top 100 Product Management Resources by @sachinrekhi
(well-categorized index so you can focus on whatever’s most useful right
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Brief interruption.
It’s important to understand your preferred learning style and go all in on that learning style (vs. struggling / procrastinating as you force a non-preferred learning
There is no One Correct Way\u2122 to learn
— Shreyas Doshi (@shreyas) August 15, 2020
Don\u2019t feel pressured to read 70 books/year just becos Super-Successful Person X does that
Videos, Podcasts, Audiobooks, Discussions\u2014all are fine
What to do:
Understand your preferred learning style
Don't resist it, embrace it
Commit to it
* being spied on all the time means that the people of the 21st century are less able to be their authentic selves;
* any data that is collected and retained will eventually breach, creating untold harms;
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* data-collection enables for discriminatory business practices ("digital redlining");
* the huge, tangled hairball of adtech companies siphons lots (maybe even most) of the money that should go creators and media orgs; and
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* anti-adblock demands browsers and devices that thwart their owners' wishes, a capability that can be exploited for even more nefarious purposes;
That's all terrible, but it's also IRONIC, since it appears that, in addition to everything else, ad-tech is a fraud, a bezzle.
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Bezzle was John Kenneth Galbraith's term for "the magic interval when a confidence trickster knows he has the money he has appropriated but the victim does not yet understand that he has lost it." That is, a rotten log that has yet to be turned over.
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Bezzles unwind slowly, then all at once. We've had some important peeks under ad-tech's rotten log, and they're increasing in both intensity and velocity. If you follow @Chronotope, you've had a front-row seat to the
The numbers are all fking fake, the metrics are bullshit, the agencies responsible for enforcing good practices are knowing bullshiters enforcing and profiting off all the fake numbers and none of the models make sense at scale of actual human users. https://t.co/sfmdrxGBNJ pic.twitter.com/thvicDEL29
— Aram Zucker-Scharff (@Chronotope) December 26, 2018
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Decoded his way of analysis/logics for everyone to easily understand.
Have covered:
1. Analysis of volatility, how to foresee/signs.
2. Workbook
3. When to sell options
4. Diff category of days
5. How movement of option prices tell us what will happen
1. Keeps following volatility super closely.
Makes 7-8 different strategies to give him a sense of what's going on.
Whichever gives highest profit he trades in.
I am quite different from your style. I follow the market's volatility very closely. I have mock positions in 7-8 different strategies which allows me to stay connected. Whichever gives best profit is usually the one i trade in.
— Sarang Sood (@SarangSood) August 13, 2019
2. Theta falls when market moves.
Falls where market is headed towards not on our original position.
Anilji most of the time these days Theta only falls when market moves. So the Theta actually falls where market has moved to, not where our position was in the first place. By shifting we can come close to capturing the Theta fall but not always.
— Sarang Sood (@SarangSood) June 24, 2019
3. If you're an options seller then sell only when volatility is dropping, there is a high probability of you making the right trade and getting profit as a result
He believes in a market operator, if market mover sells volatility Sarang Sir joins him.
This week has been great so far. The main aim is to be in the right side of the volatility, rest the market will reward.
— Sarang Sood (@SarangSood) July 3, 2019
4. Theta decay vs Fall in vega
Sell when Vega is falling rather than for theta decay. You won't be trapped and higher probability of making profit.
There is a difference between theta decay & fall in vega. Decay is certain but there is no guaranteed profit as delta moves can increase cost. Fall in vega on the other hand is backed by a powerful force that sells options and gives handsome returns. Our job is to identify them.
— Sarang Sood (@SarangSood) February 12, 2020