This rule has paralyzed would-be action-takers for generations.
The reality: there is no such thing as the perfect moment.
Sometimes you just have to open the door, jump out of the plane, and hope you packed the parachute tight.
Life rules worth breaking:
This rule has paralyzed would-be action-takers for generations.
The reality: there is no such thing as the perfect moment.
Sometimes you just have to open the door, jump out of the plane, and hope you packed the parachute tight.
Hard work is important—but it's relative, not absolute.
In the Digital Age—when creative and inspired work stands out and is rewarded—what you work on is more important than how hard you work.
Play your game, not theirs.
You’ll play it better.
This isn't a movie that you're watching on your TV. You are not a passive observer of your own life.
There are times to sit back, and there are times to push.
Learn to identify the difference and never be afraid to provide a little push.
Children are born with an insatiable curiosity, but somewhere along the line, we are told to stop asking questions.
The most successful people in the world never listened—they broke this rule.
Ask questions. Be curious. Be interested.
Complacency will always lead you down a bad path.
Just because something isn't broken, doesn't mean it can't be improved.
Continuous improvement is the way.
Focus on small, incremental improvements—day in, day out.
This might have been a good rule in the Industrial Age, but its foundation is crumbling in the Digital Age.
The way we work is fundamentally changing—opportunities for creative, unstructured career paths are endless.
Find your Zone of Genius and operate in it.
A rule of the fixed, stagnant, and hierarchical—often used to keep employees in line.
It's great to double down on your strengths, but never let external pressures prevent you from expanding your domains.
Growth mindsets rule the world.
We are told to methodically consider the pros and cons of every big decision in our lives.
As a result, many of us have decision paralysis.
With big decisions, you're actually better off making them fast—let your gut and instincts guide you.
A classic we are told as children—the residue of which carries into adulthood for far too many.
"There are no strangers here; Only friends you haven't yet met." - William Butler Yeats
When we open up to those around us, we stimulate, learn, and grow.
For decades we told children they had to attend a traditional 4-year college, or else they were a failure.
That is a lie—and we loaded a generation with student debt because of it.
4-year degrees make sense for many, but not for all.
Follow YOUR path.
All mainstream financial advice tells you one thing: save now to enjoy later.
I agree, with a caveat...
You have to enjoy the prime of your life!
Now and then, it's ok to save a bit less to go to that concert with your friends.
Find your balance.
It's important to have a plan.
But as Mike Tyson famously said, "Everyone has a plan until they get punched in the mouth."
Plans have to be dynamic—and punch-proof!
You'll only go as far as your ability to absorb and pivot on the fly.
It's easy to condone self-promotion when you're at the top.
But when you're first starting out, you may be the only one in a position to promote.
When you put in the work, energy and love, share it with the world!
Genuine pride is infectious.
Society celebrates experts in any given field.
But as @DavidEpstein finds in Range, many experts succeed because of the range of pursuits that preceded their main endeavor.
Become a polymath.
Generalize first, specialize later.
It's not up to anyone else to decide what is possible for you or your life.
Are there constraints outside of your control? Sure.
Is that a reason to settle? Hell no.
As Will Smith says in Pursuit of Happyness: "If you want something, go get it. Period."
Follow me @SahilBloom for more threads on growth, business, and investing.
I write deep-dives on these topics in my newsletter. You should join the 65,000+ and subscribe today! https://t.co/qMB8i60ney
More from Sahil Bloom
Short Squeeze 101
If you follow financial markets (or if you watch Billions), you've heard the phrase "short squeeze" used quite frequently.
But what is a "short squeeze" and how does it work?
Here's Short Squeeze 101!
👇👇👇
1/ First, the basics.
The "short" in "short squeeze" refers to the concept of short selling.
The basics are covered in my thread below.
https://t.co/xecJYNCxMs
TL;DR - short selling is a way of betting against a stock - i.e. betting that its price will decline.
2/ "Short interest" is a measure of how heavily an asset is shorted by the market.
It is the total number of shares that have been sold short (borrowed and sold), but have not yet been covered (bought and returned).
It is usually measured as a % of the # of shares outstanding.
3/ A "short squeeze" occurs when a heavily-shorted asset experiences a rapid upward price movement.
When this happens, short sellers may be forced to close their short positions (i.e. buy the stock and return it to the broker), further accelerating the upward price movement.
4/ Let's look at a simple example to show this in action.
We will use Tesla, one of the most heavily-shorted stocks in the world.
Imagine the stock price is $1,000 per share. This seems crazy. Ricky Rational decides to short the stock at this level.
If you follow financial markets (or if you watch Billions), you've heard the phrase "short squeeze" used quite frequently.
But what is a "short squeeze" and how does it work?
Here's Short Squeeze 101!
👇👇👇
1/ First, the basics.
The "short" in "short squeeze" refers to the concept of short selling.
The basics are covered in my thread below.
https://t.co/xecJYNCxMs
TL;DR - short selling is a way of betting against a stock - i.e. betting that its price will decline.
1/ Short Selling 101
— Sahil Bloom (@SahilBloom) July 6, 2020
With the markets continuing to rally, there has been more talk of \u201cshorting\u201d or \u201cshort selling\u201d stocks.
But what does that mean and how does it work?
Here\u2019s a quick educational primer: Short Selling 101 pic.twitter.com/JTrJmuY7fI
2/ "Short interest" is a measure of how heavily an asset is shorted by the market.
It is the total number of shares that have been sold short (borrowed and sold), but have not yet been covered (bought and returned).
It is usually measured as a % of the # of shares outstanding.
3/ A "short squeeze" occurs when a heavily-shorted asset experiences a rapid upward price movement.
When this happens, short sellers may be forced to close their short positions (i.e. buy the stock and return it to the broker), further accelerating the upward price movement.
4/ Let's look at a simple example to show this in action.
We will use Tesla, one of the most heavily-shorted stocks in the world.
Imagine the stock price is $1,000 per share. This seems crazy. Ricky Rational decides to short the stock at this level.
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Don't look at deadlines negatively! They are a useful tool to measure your performance + stimulate you to do more. You can learn a lot from a single deadline. Did you work too little or too much? Was the goal too ambitious or easy? Apply lessons to the future work. 😉 #MyMindset
I wish I had this... — don't excuse yourself. Forget about what you can't and focus on what you can.
Stop comparing yourself to others, come from the point of what you have, know and have: "I can... so I will do..!" #MyMindset
BTW this was an update of one of the previous tweets. And I'm continuing this thread today!
Do something for the long-term. Everything else is a distraction. 🛑 Nowadays I always check if the thing I'm doing aligns with my long-term plans. If not — that is probably not the best thing to do at the moment. #MyMindset
The only way to get more done is to have less to do. Eliminate your obligations, say "no" to things that are not important, stay minimal in what you do, focus. Being busy is not equal to getting things done. #MyMindset
I wish I had this... — don't excuse yourself. Forget about what you can't and focus on what you can.
Stop comparing yourself to others, come from the point of what you have, know and have: "I can... so I will do..!" #MyMindset
BTW this was an update of one of the previous tweets. And I'm continuing this thread today!
Focus only on positive things! These include what *you* have, know and can do. If you don't have, know or cannot do something either get it or ignore it. Don't think about it and don't use it as an excuse.
— Gleb Sabirzyanov (@zyumbik) October 17, 2018
I've been struggling to follow this principle for a long time. #MyMindset pic.twitter.com/SK5vtwHs3G
Do something for the long-term. Everything else is a distraction. 🛑 Nowadays I always check if the thing I'm doing aligns with my long-term plans. If not — that is probably not the best thing to do at the moment. #MyMindset
The only way to get more done is to have less to do. Eliminate your obligations, say "no" to things that are not important, stay minimal in what you do, focus. Being busy is not equal to getting things done. #MyMindset
Keep dwelling on this:
Further Examination of the Motif near PRRA Reveals Close Structural Similarity to the SEB Superantigen as well as Sequence Similarities to Neurotoxins and a Viral SAg.
The insertion PRRA together with 7 sequentially preceding residues & succeeding R685 (conserved in β-CoVs) form a motif, Y674QTQTNSPRRAR685, homologous to those of neurotoxins from Ophiophagus (cobra) and Bungarus genera, as well as neurotoxin-like regions from three RABV strains
(20) (Fig. 2D). We further noticed that the same segment bears close similarity to the HIV-1 glycoprotein gp120 SAg motif F164 to V174.
https://t.co/EwwJOSa8RK
In (B), the segment S680PPRAR685 including the PRRA insert and highly conserved cleavage site *R685* is shown in van der Waals representation (black labels) and nearby CDR residues of the TCRVβ domain are labeled in blue/white
https://t.co/BsY8BAIzDa
Sequence Identity %
https://t.co/BsY8BAIzDa
Y674 - QTQTNSPRRA - R685
Similar to neurotoxins from Ophiophagus (cobra) & Bungarus genera & neurotoxin-like regions from three RABV strains
T678 - NSPRRA- R685
Superantigenic core, consistently aligned against bacterial or viral SAgs
Further Examination of the Motif near PRRA Reveals Close Structural Similarity to the SEB Superantigen as well as Sequence Similarities to Neurotoxins and a Viral SAg.
The insertion PRRA together with 7 sequentially preceding residues & succeeding R685 (conserved in β-CoVs) form a motif, Y674QTQTNSPRRAR685, homologous to those of neurotoxins from Ophiophagus (cobra) and Bungarus genera, as well as neurotoxin-like regions from three RABV strains
(20) (Fig. 2D). We further noticed that the same segment bears close similarity to the HIV-1 glycoprotein gp120 SAg motif F164 to V174.
https://t.co/EwwJOSa8RK
In (B), the segment S680PPRAR685 including the PRRA insert and highly conserved cleavage site *R685* is shown in van der Waals representation (black labels) and nearby CDR residues of the TCRVβ domain are labeled in blue/white
https://t.co/BsY8BAIzDa
Sequence Identity %
https://t.co/BsY8BAIzDa
Y674 - QTQTNSPRRA - R685
Similar to neurotoxins from Ophiophagus (cobra) & Bungarus genera & neurotoxin-like regions from three RABV strains
T678 - NSPRRA- R685
Superantigenic core, consistently aligned against bacterial or viral SAgs