ЁЯУЪ Many influential business figures, including @JeffBezos, @ElonMusk, and @BillGates. say they learned some of their most important lessons from books.

Here are some that the tech giants recommended adding to your reading list this year. ЁЯСЗ

https://t.co/rhjcI1z3JC

Some of Bezos' favorite books were instrumental to the creation of products and services like the Kindle and Amazon Web Services.

One of those is Walmart founder Sam WaltonтАЩs autobiography in which he recalls his career.

https://t.co/rhjcI1z3JC
This Kazuo Ishiguro novel tells of an English butler in wartime England who begins to question his lifelong loyalty to his employer while on a vacation.

Bezos has said of the book, "Before reading it, I didn't think a perfect novel was possible."

https://t.co/rhjcI1z3JC
BezosтАЩ "favorite business book" draws on six years of research from the Stanford University Graduate School of Business that looks into what separates exceptional companies from their competitors.

https://t.co/rhjcI1z3JC
Elon Musk's must-reads include a number of sci-fi novels.

He read "The Hitchhiker's Guide to the Galaxy" as a teenager, even saying the spacecraft in it is his favorite spacecraft from science fiction.

https://t.co/rhjcI1z3JC
Musk has also recommended several books on artificial intelligence, including тАЬSuperintelligence: Paths, Dangers, Strategies,тАЭ which considers questions about the future of intelligent life in a world where machines may become smarter than people.

https://t.co/rhjcI1z3JC
Bill Gates is known to make book recommendations quite often.

He said this is "the best business book I've ever read," when discussing "Business Adventures: Twelve Classic Tales from the World of Wall Street."

https://t.co/rhjcI1z3JC
Gates has called Hans RoslingтАЩs book on thinking patterns and tendencies that distort people's perceptions of the world, "one of the most educational books I've ever read."

https://t.co/rhjcI1z3JC
To learn more strategy tips from business experts with book recommendations and beyond, visit @thisisinsider. ЁЯСЗ

https://t.co/rhjcI1z3JC

More from Learning

#RS is an indicator which helps in finding strong stock or index in the market.

This learning thread would be on
"ЁЭЩРЁЭЩиЁЭЩЪЁЭЩи ЁЭЩдЁЭЩЫ ЁЭЩНЁЭЩЪЁЭЩбЁЭЩЦЁЭЩйЁЭЩЮЁЭЩлЁЭЩЪ ЁЭЩОЁЭЩйЁЭЩзЁЭЩЪЁЭЩгЁЭЩЬЁЭЩйЁЭЩЭ"

Shared some strategy.

LikeЁЯСН & RetweetЁЯФДfor wider reach and for more such learning thread in the future.

1/22

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 threadЁЯСЗ
https://t.co/oTOrW7joNI

One can go through this if you haven't.

2/22


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 .@tradingview platform.

It's free and one can add it in their Tradingview account as well, using this linkЁЯСЗ
https://t.co/FxCjJFsNOG

There are multiple variants in this as well. Some traders use multiple time frame RS.

4/22

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.

5/22

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рдорд╣рд╛рднрд╛рд░рдд рдХреА рдХрд╣рд╛рдиреА рдХреМрди рдирд╣реАрдВ рдЬрд╛рдирддрд╛редрд▓реЗрдХрд┐рди рдХреНрдпрд╛ рдЖрдкрдХреЛ рдкрддрд╛ рд╣реИ рдХрд┐ рдорд╣рд╛рднрд╛рд░рдд рдХреЗ рдЬреНрдпрд╛рджрд╛рддрд░ рдкрд╛рддреНрд░ рдХрд┐рд╕реА рди рдХрд┐рд╕реА рд╢реНрд░рд╛рдк рдореЗрдВ рдлрдВрд╕реЗ рдереЗредрдЕрдЧрд░ рдпреЗ рд╢реНрд░рд╛рдк рди рд╣реЛрддреЗ рддреЛ рдХрджрд╛рдЪрд┐рдд рдорд╣рд╛рднрд╛рд░рдд рдХреА рдХрд╣рд╛рдиреА рдХреБрдЫ рдФрд░ рд╣реЛрддреАредрд╣рд┐рдиреНрджреБ рдкреМрд░рд╛рдгрд┐рдХ рдЧреНрд░рдВрдереЛрдВ рдореЗрдВ рд╡рд┐рднрд┐рдиреНрди рд╢реНрд░рд╛рдкреЛрдВ рдХрд╛ рд╡рд░реНрдгрди рдорд┐рд▓рддрд╛ рд╣реИ рд╡ рд╣рд░ рд╢реНрд░рд╛рдк рдХреЗ рдкреАрдЫреЗ рдХреЛрдИ рдХрд╣рд╛рдиреА рдЕрд╡рд╢реНрдп рд╣реЛрддреА рд╣реИред


рдЖрдЗрдП рдЖрдЬ рдЬрд╛рдирддреЗ рд╣реИрдВ рдорд╣рд╛рднрд╛рд░рдд рдХрдерд╛ рдореЗрдВ рд╡рд░реНрдгрд┐рдд рдХреБрдЫ рд╢реНрд░рд╛рдкреЛрдВ рдХреЗ рдмрд╛рд░реЗ рдореЗрдВред

1) рд░рд╛рдЬрд╛ рдкрд╛рдгреНрдбреБ рдХреЛ рдЛрд╖рд┐ рдХрд┐рдиреНрджрдо рдХрд╛ рд╢реНрд░рд╛рдк

рдПрдХрдмрд╛рд░ рдорд╣рд╛рд░рд╛рдЬ рдкрд╛рдгреНрдбреБ рд╢рд┐рдХрд╛рд░ рдЦреЗрд▓рдиреЗ рд╡рди рдЧрдПредрдЭрд╛рдбрд┐рдпреЛрдВ рдХреЗ рдкреАрдЫреЗ рдХреБрдЫ рд╣рд┐рд▓ рд░рд╣рд╛ рдерд╛ред рдореГрдЧ рд╣реИ рд╕реЛрдЪрдХрд░ рд░рд╛рдЬрд╛ рдиреЗ рдмрд╛рдг рдЪрд▓рд╛рдпрд╛ рдЬреЛ рдЬрд╛рдХрд░ рдЛрд╖рд┐ рдХрд┐рдиреНрджрдо рдФрд░ рдЙрдирдХреА рдкрддреНрдиреА рдХреЛ рд▓рдЧрд╛редрд╡реЗ рджреЛрдиреЛ рд░рддрд┐-рдХреНрд░реАрдбрд╝рд╛ рдореЗрдВ рд▓рд┐рдкреНрдд рдереЗред

рдЬрдм рд░рд╛рдЬрд╛ рдиреЗ рдЙрдиреНрд╣реЗрдВ рджреЗрдЦрд╛ рддреЛ рдмрд╣реБрдд рджреБрдЦреА рд╣реБрдП рдХрд┐ рдпреЗ рдореБрдЭрд╕реЗ рдХреНрдпрд╛ рдкрд╛рдк рд╣реЛ рдЧрдпрд╛редрдмрд╣реБрдд рдХреНрд╖рдорд╛ рдпрд╛рдЪрдирд╛ рдХреЗ рдмрд╛рдж рднреА рдХрд┐рдиреНрджрдо рдЛрд╖рд┐ рдиреЗ рдкрд╛рдгреНрдбреБ рдХреЛ рд╢реНрд░рд╛рдк рджреЗ рджрд┐рдпрд╛ рдХрд┐ рдЬрдм рднреА рд╡реЛ рдХрд┐рд╕реА рд╕реНрддреНрд░реА рдХреЛ рдХрд╛рдо рднрд╛рд╡рдирд╛ рд╕реЗ рд╕реНрдкрд░реНрд╢ рдХрд░реЗрдВрдЧреЗ рдЙрд╕реА рдХреНрд╖рдг рдЙрдирдХреА рдореГрддреНрдпреБ рд╣реЛ рдЬрд╛рдПрдЧреАредрдкрд╢реНрдЪрд╛рддрд╛рдк рдХрд░рдиреЗ, рд╡реЗ рд╕рд┐рдВрд╣рд╛рд╕рди рдкреЗ рдЕрдиреНрдзреЗ рд░рд╛рдЬрд╛ рдзреГрддрд░рд╛рд╖реНрдЯреНрд░ рдХреЛ рдмреИрдард╛рдХрд░...


..рд╕реНрд╡рдпрдВ рдЕрдкрдиреА рд░рд╛рдирд┐рдпреЛрдВ рдХреБрдВрддреА рд╡ рдорд╛рджреНрд░реА рдХреЗ рд╕рд╛рде рд╡рди рдЪрд▓реЗ рдЧрдПредрдкрд╛рдВрдбрд╡реЛрдВ рдХрд╛ рдЬрдиреНрдо рднреА рдХреБрдВрддреА рдХреЛ рдЛрд╖рд┐ рджреБрд░реНрд╡рд╛рд╕рд╛ рджреНрд╡рд╛рд░рд╛ рджрд┐рдП рдЧрдП рдордВрддреНрд░ рд╕реЗ рд╣реБрдЖ рдерд╛ рдЬрд┐рд╕рдореЗ рдХрд┐рд╕реА рднреА рджреЗрд╡ рдХрд╛ рд╕реНрдорд░рдг рдХрд░ рдЙрд╕ рджреЗрд╡ рд╕реЗ рдХреБрдВрддреА,рдкреБрддреНрд░ рдкреНрд░рд╛рдкреНрдд рдХрд░ рд╕рдХрддреА рдереАредрдПрдХ рдмрд╛рд░ рдорд╛рджреНрд░реА рдкреЗ рдореЛрд╣рд┐рдд рд╣реЛ рдЬрдм рдкрд╛рдВрдбреБ рдиреЗ рдЙрд╕реЗ рд╕реНрдкрд░реНрд╢ рдХрд┐рдпрд╛,рдЙрд╕реА рдХреНрд╖рдг рдкрд╛рдВрдбреБ рдХреА рдореГрддреНрдпреБ рд╣реЛрдЧрдпреАред


2) рдЙрд░реНрд╡рд╢реА рдХрд╛ рдЕрд░реНрдЬреБрди рдХреЛ рд╢реНрд░рд╛рдк

рдорд╣рд╛рднрд╛рд░рдд рдпреБрджреНрдз рд╕реЗ рдкрд╣рд▓реЗ рдЬрдм рдЕрд░реНрдЬреБрди рджрд┐рд╡реНрдпрд╛рд╕реНрддреНрд░ рдкреНрд░рд╛рдкреНрдд рдХрд░рдиреЗ рд╕реНрд╡рд░реНрдЧ рдЧрдП рддреЛ рд╡рд╣рд╛рдВ рдЙрд░реНрд╡рд╢реА рдирд╛рдо рдХреА рдЕрдкреНрд╕рд░рд╛ рдЙрди рдкрд░ рдореЛрд╣рд┐рдд рд╣реЛ рдЧрдпреАред рдЕрд░реНрдЬреБрди рдиреЗ рдЬрдм рдЙрдиреНрд╣реЗрдВ рдЕрдкрдиреА рдорд╛рддрд╛ рдХреЗ рд╕рдорд╛рди рдмрддрд╛рдпрд╛ рддреЛ рдпрд╣ рд╕реБрдирдХрд░ рдЙрд░реНрд╡рд╢реА рдХреНрд░реЛрдзрд┐рдд рд╣реЛ рдЧрдпреА рдФрд░ рдЕрд░реНрдЬреБрди рдХреЛ рд╢реНрд░рд╛рдк рджреЗ рдбрд╛рд▓рд╛ рдХрд┐ рддреБрдо рдирдкреБрдВрд╕рдХ рдХреА рднрд╛рдВрддрд┐...