BC MISCELLANEOUS
Saved by @ritesh716

In today's round up, I have some amazing threads, resources, and plenty of solid advice for business, finance, career from twitter.

Here's the roundup of 17 of the best and the most useful threads, tweets, and resources I found last week. 🧵

 1/ How to find spreadsheets on any topic in the world

https://t.co/Cffbc5ulEw
2/ A thread by @wes_kao on making your customers hungry and excited to buy from you.

https://t.co/nqRcCaQW4n
3/ Life brings you a lot of afflictions. But if you look around, there's a lot of beauty around you. Most often, drowning in the afflictions, we can't recognise or appreciate the beauty.

@wdmorrisjr wrote a damn good thread on finding beauty around us.

https://t.co/TrQFMiRXPT
4/ This one is for all the job goers and job seekers.

@SahilBloom who recently hit 500k followers and has several accomplishments to his belt (career wise) wrote this thread on standing out in a hiring process.

https://t.co/H9Um4B7KiQ
5/ @G_S_Bhogal wrote a neat thread on 40 behavioral psychology concepts you should know about.

This one went crazy viral.

https://t.co/ejlNfH9cng
6/ If you're a student currently, you'll appreciate this thread on useful apps and extensions for students by @she_writesrndm

https://t.co/aUYgCYao8c
7/ I have gone through difficulties losing weight myself when I put on 10kgs, staying at a hotel for 60 days. (In my defense, the food was just amazing)

Here is a thread by @lexie_starves on actionable weight loss tips.

https://t.co/cx9WIEZu4I
8/ This thread by @david_perell on the future of education, and why writing/teaching is going to be majorly helpful as a skill to stand out in the job market.

https://t.co/Q4OpsPD7T9
There are few more things I found online while studying branding and design last weekend and yesterday.

Here are some of them.

1) https://t.co/HKruL04gUm - major news sources as a feed in one webpage
2) https://t.co/JC2Ul80IPj - if you're starting a business or want to design beautiful slides for anything - be it your business or startup or at work, there are so many templates on this site you could refer to.

So, so beautiful and neatly done.
3/ Uber's brand guidelines document is so viscerally detailed that it is like a masterclass in branding, and it's a must read for anyone whose startup is getting more visibility.

https://t.co/6gi5MVqHUV
4/ This particular thread stirred up a lot of nostalgia.

Purely for 90's kids, for going down on a nostalgic trip.

https://t.co/3GHuLZni2F
5/ @patrick_oshag's summary of the Science of Storytelling book.

Storytelling is something I want to learn this year properly along with writing, so this particular tweet was quite helpful.

Adding this book to the to-be-read list.

https://t.co/8p7nDWAiFu
6/ This tweet by @hubermanlab on the benefits of cardio.

He's the only guy I currently follow on research driven health insights, and this was a very good one.

https://t.co/2egFH1eUeD
7/ This one impressed me a lot.

A photographer having 4+ photos of hers on book covers, all of which were captured on iPhone 4s.

It isn't the tool, it's the person using the tool that matters and @AratiKumarRao's work is a perfect example for that.

https://t.co/JsrlhV54Dv
8/ This tweet thread by @ShaanVP on some semi-controversial beliefs he has - very very insightful too.

https://t.co/eXn5AYoR77
9/ This thread by @thealexbanks on 10 threads that will teach you more about business.

Curation well done.

https://t.co/zJ0rS17vip

More from Shravan Venkataraman 🔥🚀💰

Shravan Venkataraman \U0001f525\U0001f680\U0001f4b0
Shravan Venkataraman 🔥...
@theBuoyantMan
In 2011, a blackjack player made $20 million over 4 months,

and ended up bringing some of the topmost casinos to their knees.

Here's the crazy story of how he pulled it off.

🧵

Don Johnson grew up taking care of his uncle’s racehorses in Salem, Oregon.

After taking interest in them, he began riding them competitively at age 15.

He then became a professional jockey.

As a jockey, he had to stay on a strict routine and take medications to keep his natural weight off and remain slim.

Eventually he couldn't keep up the routine.

So, he quit the job, and went to Philadelphia to manage racetracks.

Johnson was hired to manage the Philadelphia Park.

That race track evolved into the Parx Casino, in Bensalem.

Johnson was in charge of day-to-day operations, including the betting operation.

That's where he started learning about gambling.

Between 1990 and 2010, Johnson’s career has moved from managing racetracks to being a state regulator in the gambling industry.

Around 2000, he started a business that does computer-assisted wagering on horses.
LIFE STORIES
Shravan Venkataraman \U0001f525\U0001f680\U0001f4b0
Shravan Venkataraman 🔥...
@theBuoyantMan
You see so many people on Twitter saying

"Infosys ADR is up 5% today."

"ICICI Bank and HDFC Bank ADR ended highly positive today. Good move coming up for Banknifty."

Have you ever wondered what is ADR? You're not alone.

Time for a thread. 👇👇👇


1/ Back in the early 1900s, people were buying shares in foreign countries in the respective country's exchanges (many still do).

There are few issues with that:

- Complexity of the purchase
- Currency conversion issues
- Difficulty in transactions

and so on.

2/ JP Morgan saw this, and thought

"what if people could trade foreign companies

- in our country
- in our currency
- but without the companies having to list themselves here?"

ADR was born.

3/ ADR stands for American Depository Receipts.

It's like a share certificate, issued by a U.S depository bank (like CDSL here), but on a foreign company.

Usually one ADR unit represents one share of the foreign company.

4/ Here's how it works.

The depository bank buys the foreign company shares in the foreign exchange.

This depository bank holds the purchased shares as inventory.

It issues respective ADR for domestic trading.

The ADR is issued & traded in US Dollars.
FINANCE
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Shravan Venkataraman \U0001f525\U0001f680\U0001f4b0
Shravan Venkataraman 🔥...
@theBuoyantMan
50 rookie mistakes to avoid as a stock market beginner - a thread.

1. Watching CNBC and acting on the recommendations provided by the "analysts", "experts" and "fund managers" who appear on TV.

Remember, most of them don't even beat the benchmark index on an annual basis.

2. Giving too much importance to Moneycontrol articles and recommendations. Moneycontrol profits off of noobs. They depend on you to make their money. They get paid by buy side firms who want to dump their positions, and sell side firms whose clients want to sell.

They also get paid to propagate rumours (albeit subtly) about stocks that the buy-side firms want to buy (albeit at lower prices) and sell-side firm clients want to buy. So, if you see a recommendation on moneycontrol, that marks the distribution phase (most of the times).

3. Listening to colleagues, friends, and family on what to invest on, where to invest, what stocks to buy. Usually these are also people who have no real expertise, but started a year or few months ahead of you. They only talk about their winners, you get very excited.

4. Listening to social media "experts". People on Twitter, Youtube, etc., even if they look like they are trading crores, or managing hundreds of crores, have different reasons for trading/investing in something. Typically, following them is the path to the butcher's shop.
TRADING
Shravan Venkataraman \U0001f525\U0001f680\U0001f4b0
Shravan Venkataraman 🔥...
@theBuoyantMan
** MEGA THREAD ON Cryptocurrencies/Blockchain**

I wanted to know the best resources to learn about cryptocurrencies and blockchain for someone with zero knowledge. I asked Twitter, and Twitter answered.

This thread is a compilation of the best resources I was recommended. 👇👇

Let's start with ** BOOKS **

The first thing you should do before you pick up any book:

Learn about Bitcoin & Ethereum by reading the respective whitepapers.

- [Bitcoin white paper](https://t.co/cErOaFn6QL) by Satoshi Nakamoto

- [Ethereum White paper] (https://t.co/0g5kYCGJGq) by Vitalik Buterin

Even if you are not tech savvy, you can get a good grasp about how blockchain functions from these papers.

1) *The Basics of Bitcoins and Blockchains: An Introduction to Cryptocurrencies and the Technology that Powers Them* by Antony Lewis

This book covers topics such as the history of Bitcoin, the Bitcoin blockchain, and Bitcoin buying, selling, and mining.

It also answers how payments are made and how transactions are kept secure.

Other cryptocurrencies and cryptocurrency pricing are examined, answering how one puts a value on cryptocurrencies and digital tokens.
FINANCE
Shravan Venkataraman \U0001f525\U0001f680\U0001f4b0
Shravan Venkataraman 🔥...
@theBuoyantMan
Have you ever had 4-5 profitable trades in a row, and you bet all your profits on your next trade feeling "in the zone" only to lose it all?

That's called as "hot-hand fallacy" bias.

I ran a poll recently to outline two classic biases we have as humans.

Thread below 👇👇


1/ *Hot-Hand Fallacy* first had its origin in the game of basketball.

If a player shoots few baskets in a row, people generally predict that the next shot will also be a basket.

This is ignoring the fact that each shot is independent of the ones that came prior.

2/ In this poll, 41.1% people voted that the batsman who hit 4 sixes in a row, will hit a sixer in the 5th ball also.

This is classic hot-hand fallacy.

Each ball's outcome is independent.

The probability is not 50% FYI (number of outcomes is not 2).

These 148 people who voted that the next ball will also be a sixer, did so because they believe that the batsman is on a hot streak, and that his streak would continue.

This is an emotional bias and is usually attached to human performance related events only.

3/ 45.3% (162) people voted that the 5th ball would be a dot ball, meaning the batsman wouldn't score anything.

These people displayed the classic "negative-recency" bias, which is also called the "Gambler's Fallacy".
TRADING

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Viruses and other pathogens are often studied as stand-alone entities, despite that, in nature, they mostly live in multispecies associations called biofilms—both externally and within the host.

https://t.co/FBfXhUrH5d


Microorganisms in biofilms are enclosed by an extracellular matrix that confers protection and improves survival. Previous studies have shown that viruses can secondarily colonize preexisting biofilms, and viral biofilms have also been described.


...we raise the perspective that CoVs can persistently infect bats due to their association with biofilm structures. This phenomenon potentially provides an optimal environment for nonpathogenic & well-adapted viruses to interact with the host, as well as for viral recombination.


Biofilms can also enhance virion viability in extracellular environments, such as on fomites and in aquatic sediments, allowing viral persistence and dissemination.
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SK
SK
@sk_diary1
#DoYouKnow -The place where
Lalitha Sahasranamam -1000 names of Devi originated.

It is in Lalithambigai temple -Thirumeeyachur,Near Mayiladuthurai,TN

There is a Legend #story & it is related to this beautiful #sculpture of Kshetrapuraneswarar & Ambal Lalithambigai #Thread 👇


#Legend #story
It is believed that this is birth place of Kashyapa Maharishi’s sons, Arunan& Garudan. Arunan(charioteer of Surya)was physically handicapped.He was a Shiva devotee.Arunan wanted to visit Kailash to have Shiva Darshan,but Surya Dev denied permission.

So Arunan disguised as a girl & was on his way to Kailash.On the way Surya Dev saw this girl & outraged her modesty.Shiva was very angry with Suryan for misbehaviour & cursed him to get darkened. Whole world plunged into darkness.Surya Dev pleaded to Bhagwan Shiv to forgive him.

Shiva Bhagwan asked him to go to Thirumiyachur & worship him there. As advised, Surya Dev performed rigorous penance, placed murthi of Shiva& Parvathy on an elephant & took them to the clouds.Shiva in this temple is known as Meganathaswamy,Devi is known as Lalithambigai


Even after severe penance,Shiva does appear,so Surya Dev cries out in agony.Disturbed by his call, Parvathy protests.Siva pacifies her & offers relief to Surya Dev.The sculpture of Shiva pacifying Ambal shows her sullen from one angle &smiling from another.
RELIGION
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Mau Abata \U0001314a
Mau Abata 𓅊
@MauAbata
Read through a forum thread on Chastity Mansion to see who is talking about the Edge-o-Matic and figure out what more to address regarding frequent questions, as well as scout out user feedback. Here's some thoughts you can carry back to the forums!

My website doesn't have any product reviews, but people scatter them everywhere else in forums, tweets, xtube vids, etc.

If you ARE a previous customer, and you like the thing, can you drop a review on my site to help others?

The price is steep, but that's the amount of coins I calculated to make these. I have several spreadsheets calculating every expense involved with this project.

The current cost sustains production and development of new tech, and is helping create jobs. We are 2 people now!!

It IS 3D printed, because injection molding is orders of magnitude more expensive for the initial tooling, and I am still making small revisions to the enclosures.

Injection molded plastics are a six thousand dollar commitment for fifteen cent parts. Great for mass mfg.

Also, if you didn't know, 3D printing technology allows for some shapes which would be difficult, expensive, or impossible on injection molding or milled parts!!

Undercuts, which I use in this design, require special lifters to mold that cost a tremendous fortune.
FOR LATER READ
Murray \U0001f1fa\U0001f1f8
Murray 🇺🇸...
@Rothbard1776
NEW: @SidneyPowell1 radio interview w/ @toddeherman "The new report has a truckload of evidence of foreign interference in the election in it. That's what people seem to want to deny, even though the FBI & CISA ... issued an advisory and alert back on Oct. 30th & updated on

2/ Nov. 3rd, so for them to deny that now is absolutely absurd. Plus, we have an affidavit from an expert cyber-warfare [individual] who even shows the diagram of all the attacks coming in. We know that the VPN ... the Dominion people left those open and unencrypted on the night

3/ of the election, so that anybody could get in. We know that the packets of information went to Serbia [note: over 100 Dominion employees scrubbed there LinkedIn profiles of any affiliation with the company after the election, many of whom were in Serbia], Liechtenstein,

4/ Spain, Venezuela, Hunan, China & Hong Kong. There was traffic all over into our election system that is supposed to be self-contained, not accessible by the internet at all. We have witnesses who document that it was connected to the internet. We have a study out of

5/ [the Dominion voting system in Antrim] MI, they know that it was connected to the internet. They erased their audit files & their adjudication files, where they dumped over 68% of their ballots into a bin that they call "adjudication" [that would've been thousands + thousands
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Groww
Groww
@_groww
You want to buy a house.

You take a loan from the bank.

The bank asks you, “what if you don’t pay back?”

You say, “take my home and sell it”.

(Thread)

That makes sense. The bank gives you a loan and in case you don’t pay, the bank will take over your house and sell it and recover its money.

That’s collateral.

Banks also lend money to big corporations. With them, banks don’t always have collateral.

So a loan where the bank has collateral is considered safer for the bank.

In the early 2000s, the banks in the USA were giving out loans to people for buying houses.

The economy had just recovered from the tech bubble in 2000 where many banks had given out loans to businesses that had shut down.

In that backdrop, the banks found giving home loans safer.
ALL , 2008 CRASH , 2008 RECESSION