But contrary to what you’ve been told, lifelong learners are built, not born.
THREAD: 20 lifelong learning habits you can start developing today.
The mind is a muscle - it needs to be stimulated dynamically to continue to grow.
Don’t rely on one “exercise” - develop a menu of options.
Write, read, listen, watch. Solve puzzles, play games. Enjoy it!
Stimulate dynamically, learn dynamically.
Build Learning Circles
The most powerful learning is communal, not individual.
Build learning circles with other intellectually curious minds.
Engage regularly with no set intention or goal.
Community is everything. Embrace it.
Keep Asking Why
“Why?” is the most useful tool in our learning toolkit.
But somewhere along the line, we are told to stop asking why and just accept “facts” as we are told them.
Reject the norm.
If you want to understand the world, take a cue from our kids - keep asking why!
Adopt a Process Orientation
Learn for the sake of learning, not always for a specific goal.
When you prioritize process, you become flexible in where you are headed.
Life is a winding, confusing journey - forward progress is all that matters.
This learning thread would be on
"𝙐𝙨𝙚𝙨 𝙤𝙛 𝙍𝙚𝙡𝙖𝙩𝙞𝙫𝙚 𝙎𝙩𝙧𝙚𝙣𝙜𝙩𝙝"
Shared some strategy.
Like👍 & Retweet🔄for wider reach and for more such learning thread in the future.
Most of us would confuse it with Relative Strength Index (RSI) but Relative Strength is a different indicator.
We have already covered about "Uses of RSI" in below thread👇
One can go through this if you haven't.
#RSI is a common indicator which most of us use in the stock market.— Yash Mehta (@YMehta_) October 22, 2021
This learning thread would be on
"\U0001d650\U0001d668\U0001d65a\U0001d668 \U0001d664\U0001d65b \U0001d64d\U0001d64e\U0001d644"
Like\U0001f44d & Retweet\U0001f504 for wider reach and for more such learning thread in the future.
Also, an investment strategy is shared using RSI in the end.
Now coming to Relative Strength (RS).
It is basically a strategy used in momentum investing which shows strength or weakness between two asset classes (two stocks, index, commodity).
One can read about this in below
As of now, I am using this indicator on [email protected] platform.
It's free and one can add it in their Tradingview account as well, using this link👇
There are multiple variants in this as well. Some traders use multiple time frame RS.
RS basically compares returns of one stock/index with the returns of benchmark stock/index at a particular time horizon.
Let's say, I want to analyze TCS and Benchmark Index is Nifty.
Grab a cup of coffee, in this thread I will explain
1. Peter Lynch's Six Categories of Stocks
2. How to identify the type of stock you own?
3. How to think and decide about the runway for growth of a company?
Lets dive right in.
For those who do not know (I doubt there will be many), Peter Lynch is one of the most successful fund managers of all time.
He managed a fund called Magellan at US Investment Giant Fidelity Investments and during his 13 yr tenure, he delivered an average CAGR of 29.2%.
Sadly the fund couldn't keep up post Lynch's retirement and his successors weren't able to keep up with his returns.
That's how good Lynch was!
In 1989, a year before retirement, Lynch wrote and published a book called 'One Up on Wall Street'.
Almost 32 years later, the teachings of the book remain relevant.
(Highly recommended read)
Chapter 7 of the Book Titled
"I've Got It, I've Got It - What is It?"
talks about the need to classify stocks.
Peter's argument is that you need to know what kind of stock you hold in your portfolio.
Not all stocks are the same - and he is right!
CPR is another popular tool. Three lines are plotted on the chart when we plot CPR.
The three lines are: CPR, TC and BC.
Let’s understand the calculation.
You may recall that I explained the calculation of Pivot levels in an earlier thread. CPR stands for Central Pivot Range. It is always a center line of the three lines that gets plotted in the chart.
CPR is a Pivot price. Pivot is average of HLC as explained in the prev thread.
We also discussed about Mid-range of the session. Mid-range is average of High and low price of the session.
The mid-range of the bar is known as BC in the CPR calculation. BC stands for Bottom central pivot.
Pivot level captures the relationship of the closing price to the range of the session.
Pivot price above mid-price = bullish pivot
Pivot price below mid-price = bearish pivot
So, CPR line is Pivot and BC line is Mid-range.
What is the difference between both?
Mid-range is average of High and Low.
Pivot is average of High, Low and Close.
What will make the difference between the two?
The Persuasion Paradox
Have you noticed that the most argumentative people rarely persuade anyone?
The most persuasive people don’t argue—they observe, listen, and ask questions.
Argue less, persuade more.
Persuasion is an art that requires a paintbrush, not a sledgehammer.
The Effort Paradox
You have to put in more effort to make something appear effortless.
Effortless, elegant performances are often the result of a large volume of effortful, gritty practice.
Small things become big things. Simple is not simple.
The Wisdom Paradox
“The more I learn, the more I realize how much I don't know.” — Albert Einstein
The more you learn, the more you are exposed to the immense unknown.
This should be empowering, not frightening.
Embrace your own ignorance. Embrace lifelong learning.
The Growth Paradox
Growth takes a much longer time coming than you think, and then it happens much faster than you ever would have thought.
Growth happens gradually, then suddenly.
When you realize this, you start to do things differently.
Here's how to get your startup off the ground in 15 days
It will be intense, but doable.
Let me show you exactly how 🧵
We will cover:
Part 1. How to Launch an awesome website (10 Hours)
Part 2. How to build your MVP (5 Hours x 7 Days)
Part 3. How to get your first 100 customers (5 Hours x 7 Days)
Part 4. How to manage and organize your operation (5 Hours)
Total Time - 80 Hours
Part 1. How to Launch an awesome website in 10 Hours
- Buy a domain in 5 minutes
- Get a professional emails like [email protected]
Time - 15 minutes
- Get logo inspiration from https://t.co/Mpedds2OzF
- Design Slick Brand Logos on Figma
Time - 45 minutes
- Pick a matching template from their 500+ template gallery (it's like having someone do the work for you)
- edit the headline, the features, and add stock photos from the internet
- Keep it simple
Time - 2 hours
14 "must-try" trading strategies you can start using today: 🧵
Collaborated with @niki_poojary
We'll break these into portions of:
1. Intraday Trading Techniques
2. Positional Trading Techniques
3. Indicator Applications
1/ 6 Intraday Strategies 🧵
How to Filter Stocks for Intraday
How you can filter stocks for Intraday trades - \U0001f9f5— Sheetal Rijhwani (@RijhwaniSheetal) August 15, 2021
As a kid, we would do homework before school the next day - you have to do homework here too. A specific sector performs on a particular day and studying things a day before will help you spot that particular sector. (1/11)
2/ Intraday BNF strangle based on OI data. 🧵
Thread on— Jig's Patel (@jigspatel1988) July 4, 2021
"Intraday Banknifty Strangle based on OI data"
(System already shared, today just share few examples)
3/ A few setups to make intraday trading easy.
A few setups/strategies that can make your intraday trading easy. I follow them personally:— Sheetal Rijhwani (@RijhwaniSheetal) September 12, 2021
Add these stocks in your watchlist for next few days -
-If a stock closed exactly at resistance with good volumes or it has been consolidating near resistance for a long time. (1/10)
Here are the principles I want to teach my child to live by:
Talent is overrated—interest is not.
Interested people are prone to giving their deep attention to something to discover more about it.
They ask questions, listen, & observe. They open up to the world around them.
Being interested is a key to a fulfilling life.
Different is Beautiful
Growing up, I feared being different—I desperately wanted to fit in.
I made bad decisions grounded in insecurity.
I only realized later: being different is your edge—your ultimate competitive advantage.
No one can compete with you, at being you.
If you want to accomplish anything in life, you have to work hard.
Don't believe the hype. Hard work isn't the sexy, flashy Instagram posts saying "rise & grind”—it's the ugly, painful effort in the dark, when no one is watching.
If you want something, go get it.
Show Up in the Darkest Hour
It's easy to be there for people to celebrate their wins.
It takes character to show up for them in their darkest hour.
People never forget who supported them when the chips were down.
Be the friend who is always there—in good times and bad.
👉Debit all expenses, credit all income.
👉Debit all assets, credit all liabilities.
👉Debit the receiver, credit the giver.
Why is it so?
Let us find out the rationale behind three golden rules of accounts. 👇🧵 (1/n)
'Balance Sheet' and 'Profit & Loss Account' are two important aspects to learn accountancy.
Let us first understand how to interpret a Balance Sheet. (2/n)
Balance sheet is a simple snapshot of ‘Sources of funds’ (‘Liabilities’) and ‘Application of funds’ (‘Assets’) as on a ‘particular’ day. (3/n)
It is important to note that the Balance sheet may change every day. That’s because the liabilities side and the assets side may change frequently.
Example: The customer from whom the amount was receivable (Debtor) will get converted into Cash the moment he pays money. (4/n)
Suppose a businessman starts a business with his own money (equity/owner’s fund) and uses this money to buy various assets. (5/n)
Here are 20 useful frameworks (on startups, investing, writing, & life):
The Feynman Technique
To learn anything:
Step 1: Identify a topic.
Step 2: Try to explain it to a 5-year-old.
Step 3: Study to fill in knowledge gaps.
Step 4: Organize, convey, and review.
True genius is the ability to simplify, not complicate.
Simple is beautiful.
Directional Arrow of Progress
"Study the undeniable arrows of progress." - @wolfejosh
The future is extremely difficult to predict—but there are clues.
Look at the trend line of progress and where it's pointing—directionally, not precisely.
Invest (or build) accordingly.
The Eisenhower Decision Matrix
Place all of your tasks on a 2x2 matrix of urgency and importance.
(1) Important & Urgent
(2) Important & Not Urgent
(3) Not Important & Urgent
(4) Not Important & Not Urgent
Prioritize, delegate, or delete accordingly.
The Regret Minimization Framework
The goal is to minimize the number of regrets in life.
When faced with a difficult decision:
(1) Project yourself into the future.
(2) Look back on the decision.
(3) Ask "Will I regret not doing this?"
(4) Take action.
Many believe that there are different types of learners
I.e. some people learn more effectively from visual material, some from auditory material and others from kinaesthetic practice
Therefore, instruction should be tailored to each learner’s preferred style (1/11)
Paul Howard-Jones (2014) suggested that this assumption is based on the fact that different regions of the cortex have different roles in visual, auditory, and sensory processing, so students should learn differently “according to which part of their brain works better” (2/11)
Yet, despite the popularity of the theory, there is ample evidence to contradict its validity (3/11)
Tesia Marshik (2015) gave an example of a study to test this.
Participants are given a list of words to memorise. They are either presented with the written list of words, with images of the words, or they listen to the words being read aloud (4/11)
I believe that some of what we call "luck" is actually the macro result of 1,000s of micro actions.
Your daily habits can put you in a position where "luck" is more likely to strike.
Increase your serendipity surface area.
Engineer your own serendipity.
Pessimists Sound Smart, Optimists Get Rich
Pessimists look at the future and see the doors that are closed.
Optimists look at the future and see the doors that are open—and probably kick down the closed doors, too.
Surround yourself with optimists. The future is bright.
The Exponential Growth Challenge
Human brains cannot fathom the insane power of exponential growth. We consistently underestimate its impact.
When you're on an exponential growth curve—stop trying to set specific goals.
Strap in, keep your head back, and enjoy the ride.
Work Like a Lion
Most people are not wired to work 9-5.
Modern work culture is a remnant of the Industrial Age—long periods of steady, monotonous work.
If your goal is to do inspired, creative work, you have to work like a lion.
Sprint when inspired. Rest. Repeat.
This thread will help you to understand the index funds really well. If you want more of such threads in future,do comment the topic you want me to cover and don't forget to RETWEET! Let's start :
Who started it?
John Bogle, commonly referred to as Jack, is known as The Father of Index Investing and The Father of Index Funds. Bogle was born in Montclair, New Jersey on May 8, 1929.
What was the first index fund?
After graduation, Bogle went to work for Wellington Management from 1951 to 1974, but was fired because of a merger decision he made. In 1974, he found the Vanguard Group Inc., and in 1976 he introduced the first retail index fund the Vanguard 500
Why should we trust Bogle and not telegram rockets?
Although Bogle was initially mocked for his introduction of the index fund, he proved to be a true visionary and was even named as one of the “World’s 100 Most Powerful and Influential People” by Time Magazine in 2004
What is Vanguard's position right now?
Vanguard has grown to become one of the world’s largest investment management companies, with more than five trillion in global assets under management. Although Mr. Bogle died in January of 2019, his philosophy of index investing is ALIVE.
But 90% of that growth came from 9 threads - which on their own generated 20,000,000 views.
So here's a recap of those 9 threads (and what they can help you with):
I studied math at Princeton - mostly because I hated writing.
But colleges do a horrendous job teaching you to write.
So I spent 200 hours learning to write on my own.
Then, I summarized the frameworks I
College completely failed in teaching me how to write.— Dickie Bush \U0001f6a2 (@dickiebush) September 22, 2021
So I spent over 500 hours studying legendary authors and copywriters.
Then, I distilled what I learned into 6 simple frameworks.
But unlike college, these won't cost you $120,000.
Here they are for free:
If you're new to Twitter, it can be overwhelming.
But even people who use it every day aren't using its best features.
So here are 10 of them you can start using today to 10x your experience:
If you use it right, Twitter is the most powerful platform in the world.— Dickie Bush \U0001f6a2 (@dickiebush) March 30, 2021
But Twitter does a horrible job of showing you its advanced features.
Here are 10 of them you probably know nothing about:
Whether you're a:
You are in the business of storytelling.
So here's a storytelling crash course from the world's most creative
The most creative company of the last 30 years:— Dickie Bush \U0001f6a2 (@dickiebush) October 28, 2021
Back in 2011, Pixar storyboard artist Emma Coats shared their "22 Rules For Storytelling."
And the rules are a must-read for writers, entrepreneurs, and anyone who wants to tell captivating stories.
Here's the breakdown: pic.twitter.com/eUqUpvvbDX
If you spend any time on Twitter, you've seen the words "Web 3."
But whether you're a complete beginner or fully crypto-pilled, these quotes will help you learn where the world is
20 quotes on Crypto, Web 3, NFTs, and decentralization from Tim Ferriss, Naval Ravikant, and Chris Dixon.— Dickie Bush \U0001f6a2 (@dickiebush) October 30, 2021
(For those who want a crash course in where the future is heading):
But 98.8% suck at it.
Here are 9 unique ways to turn Twitter into a crazy valuable asset:
Highly Curate Your Following
99% of users follow real-time news on Twitter.
That's okay. But you won't make Twitter an asset then.
To make it an asset, build a high-signal information diet.
You'll see it as a whole new opportunity.
Let me show you...
Use Twitter Lists
I find way too much news, drama and irrelevant ideas on the Twitter timeline.
I use Twitter lists to cut the noise and amplify the signal.
Bonus: Lists aren't affected by the algorithm.
Here's a video to get started on Lists:
Use Advanced Search
Scrape the internet to find what you want:
"(from:aaditsh) min_faves:1000 marketing"
Tweets with "marketing" from @aaditsh with more than 1000 likes.
"(from:aaditsh) until:2021-09-01 since:2021-05-01"
Between May and September.
Trust me. They're not worth your time.
Click on a profile that annoys you.
Click "more" → "mute profile".
You won't "block" them but their content will become hidden on your timeline.
It's so peaceful.
+ Best quotes
These ten books have ten different and powerful approaches to accumulating personal wealth.
1. Think and Grow Rich
”The object is to want money, and to be so determined to have it that you convince yourself that you will have it.”
2. Secrets of the Millionaire Mind
"The vast majority of people simply do not have the internal capacity to create and hold on to large amounts of money and the increased challenges that go with more money and success."
3. The Money Book for the Young, Fabulous & Broke
"You picked up this book because you are broke. Keep reading and you will discover what you need to know--and do--so you will not be broke forever."