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
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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!
👉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)
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)
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?
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.
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 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.
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.