BC PERSONAL GROWTH
Saved by @AnmolNarula11

Razors are rules that simplify decisions.

THREAD: 20+ powerful razors (to help you cut through life’s noise):

 The Steve Jobs Quality Razor

When building, take pride in carrying the quality all the way through.

Would you be proud for your work to be seen from every angle and perspective?

If not, keep working.
The ELI5 Razor

Complexity and jargon are often used to mask a lack of true understanding.

If you can’t explain it to a 5-year-old, you don’t really understand it.

If someone uses a lot of complexity and jargon to explain something to you, they probably don’t understand it.
Munger’s Rule of Opinions

“I never allow myself to have an opinion on anything that I don’t know the other side’s argument better than they do.” - Charlie Munger

Opinions aren’t free. You have to work to earn the right to have them.
The Bezos 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 https://t.co/ve5kiowvN7
Buffett’s Rule of Holes

“The most important thing to do if you find yourself in a hole is to stop digging." - Warren Buffett

When things aren’t working, change course and try something different.

When you find yourself at the bottom of a hole, stop digging and climb out of it.
The @paulg Crazy Idea Razor

If someone proposes a crazy idea, ask:
(1) Are they a domain expert?
(2) Do I know them to be reasonable?

If yes on (1) and (2), you should take the idea seriously, as it may be an asymmetric bet on the future.
The Boaster’s Razor

Truly successful people rarely feel the need to boast about their success.

If someone regularly boasts about their income, wealth, or success, it’s fair to assume the reality is a fraction of what they claim.
The Circle of Competence

Be ruthless in identifying your circle of competence (and its boundaries).

When faced with a big decision, ask yourself whether you are qualified to handle it given your circle.

If yes, proceed. If no, outsource it to someone who is. https://t.co/H5zwF6Pkqt
The Duck Test

If it looks like a duck, swims like a duck, and quacks like a duck, it’s probably a duck.

You can determine a lot about a person by regularly observing their habitual characteristics.
Buffett’s Juicy Pitch

“You don't have to swing at everything - you can wait for your pitch." - Warren Buffett

Life doesn’t reward you for the number of swings you take.

Slow down and focus on identifying the juiciest pitch.

When it comes, swing hard and don’t miss it.
Occam’s Razor

The simplest explanation is often the best one.

Simple assumptions > complex assumptions.

Simple is beautiful. https://t.co/X8ZWwVKVlj
The Buffett Reputation Razor

“It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently.” - Warren Buffett

Remember that quote and act accordingly.

Your character is your fate.
Hanlon’s Razor

Never attribute to malice that which can be adequately explained by stupidity.

In assessing someone's actions, we should not assume negative intent if there is a viable alternative explanation, such as different beliefs, incompetence, or ignorance. https://t.co/myAAODdncq
The @nntaleb “Look the Part” Razor

If forced to choose between two options of seemingly equal merit, choose the one that doesn’t look the part.

The one who doesn’t look the part has had to overcome much more to achieve its status than the one who fit in perfectly.
Newton’s Flaming Laser Sword

If something cannot be settled by experiment or observation, it is not worth debating.

This will save you from wasting a lot of time on pointless arguments.
Machiavelli’s Razor

Never attribute to malice that which can be adequately explained by self-interest.

In assessing someone's actions, we should not assume negative intent if there is a viable alternative explanation that they are acting on rooted self-interest.
Hitchens’ Razor

What can be asserted without evidence can also be dismissed without evidence.

The burden of proof regarding a claim lies with the one who makes the claim. If unmet, no argument is required to dismiss it.
Sagan’s Standard

“Extraordinary claims require extraordinary evidence.”

The more crazy and outrageous the claim, the more crazy and outrageous the body of evidence must be in order to prove it.
The @Naval Reading Razor

“Read what you love until you love to read.”

When deciding what to read, just read whatever grabs you.

Avoid the trap of only reading “impressive” or “smart” books that bore you to death.

Never establish vanity metrics (e.g. # of books) as goals.
The Eisenhower Decision Matrix

When faced with a task, ask: “Is this urgent? Is this important?”

An "urgent" task is one that requires immediate attention. An "important" task is one that promotes or furthers your long-term goals.

Place it on a 2x2 matrix and act accordingly. https://t.co/UNFqkFw69B
The Steve Jobs Settling Razor

“The only way to do great work is to love what you do. If you haven’t found it yet, keep looking. Don’t settle.” - Steve Jobs

It’s Monday morning. Did you wake up with energy or with dread?

Your answer will tell you if you’re settling.
The Career Razor

When deciding on a new job, choose the one that will challenge you the most (intellectually, physically, or emotionally).

Challenge and discomfort forces growth.

(P.S. Check out the job board below for challenging new roles!)

https://t.co/UhW76VmjrH
Those are 20+ powerful razors to help you cut through life’s noise.

If you enjoyed this, follow me @SahilBloom for more and join the 20,000+ others by subscribing to my newsletter, where I regularly share high-signal, curiosity inducing content. https://t.co/qMB8i60ney

More from Sahil Bloom

Sahil Bloom
Sahil Bloom
@SahilBloom
In 1637, the Dutch Republic erupted into a speculative fever over an unlikely item...the tulip.

Tulip Mania has become a legend synonymous with market euphoria and bubbles. But is this tale all it's cracked up to be?

Who's up for a story?

👇👇👇


1/ The tulip is a spring-blooming flower native to the valleys of the Tien Shan Mountains in Central Asia.

It is believed to have been introduced to Europe in 1554, when an ambassador of the Holy Roman Emperor sent tulip bulbs and seeds to Vienna from the Ottoman Empire.


2/ Tulips gained in popularity as people were attracted to their rich color and ability to grow in sub-optimal conditions.

They soon became a coveted status symbol for the wealthy.

The Semper Augustus, with its colorful, flame-like streaks, was the most desired of them all.


3/ By the early 1600s, the Dutch Republic was entering a golden age.

Many financial innovations popped up during this time - the first stock exchange, for example.

But it was another financial innovation that would propel tulips into historical lore: the futures contract.

4/ As tulips grow slowly and may take several years to bloom, paper contracts were written that entitled the buyer to the future tulips.

These contracts were freely-traded.

So in addition to the physical market for tulip bulbs, a thriving paper market was established.
HISTORY
Sahil Bloom
Sahil Bloom
@SahilBloom
Lindy Effect 101

With Bitcoin's return to the spotlight, debates on its long-term viability are raging. Its proponents contend @nntaleb's Lindy Effect says the technology is here to stay.

But what is the "Lindy Effect" and how does it work?

Here's Lindy Effect 101!

👇👇👇


1/ First, a few definitions.

The Lindy Effect is a theory that the future life expectancy of specific non-perishable items, like a technology or idea, is proportional to their age.

Put simply, the longer it has already lasted, the higher the likelihood it will continue to last.

2/ The term "Lindy effect" is a reference to Lindy's, a New York deli frequented by comedians in the 1960s.

While author Albert Goldman used the term "Lindy's Law" in a 1964 article, it was mathematician Benoit Mandlebrot who moved the dialogue towards the current definition.


3/ In his book, entitled The Fractal Geometry of Nature, Mandlebrot commented that the more stage appearances a Lindy's comedian made, the more future appearances he could be predicted to make.

The longer he lasted, the longer he would continue to last.

4/ @nntaleb built upon Mandelbrot's work, formally coining the term "Lindy Effect" in his book, Antifragile.

He noted the Lindy Effect with books - the longer a book has been in print, the longer it is likely to survive.

With no natural upper bound, power laws come into play.
CRYPTO
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Sahil Bloom
Sahil Bloom
@SahilBloom
To outperform, you need serious problem-solving skills.

Fortunately, these skills can be learned.

THREAD: A simple, powerful mental model for thinking clearly and solving complex problems:

When solving problems, the human mind is wired to think in linear, logical, forward terms.

But as the problems get increasingly complex, this forward, logical process often fails.

Enter our simple, powerful mental model: inversion.

What is inversion?

Inversion is a mental model and thinking tool used by some of the world’s greatest thinkers and problem solvers.

Simply put, it says that when problems become challenging to solve forwards, they may be more readily solved backwards.

Inversion as a general thinking tool has been around for millennia.

Stoic philosophers had premeditatio malorum - “the pre-meditation of evils” - an exercise in which they would imagine the worst case scenario ahead of time.

It allowed them to make plans to avoid this outcome.


The formal mental model was popularized by German mathematician Carl Jacobi in the mid-1800s.

When faced with difficult problems (which happened frequently in his field of elliptic functions!), he had a strategy: “Man muss immer umkehren.”

Translation: “Invert, always invert.”
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Sahil Bloom
Sahil Bloom
@SahilBloom
10 fascinating traits of highly-successful people:

1) Enjoy Being Wrong: The most successful people legitimately enjoy being wrong. They’ve learned to embrace new information that forces you to change your viewpoint—these "software updates" improve upon the old.

(read on)

2) Work in Sprints: Parkinson's Law says that work expands to fill the time available for its completion. Winners typically work like lions instead—sprint, rest, repeat.

3) Antifragile: Life is chaotic. The best aren't broken by the chaos—they build structure to benefit from it.

4) Paranoia: Highly-successful people share a surprising fear that all of the success is suddenly going to disappear. It creates a drive for continued growth.

5) Self-Awareness: The most successful people are hyper self-aware. They know their unique edge (and their weaknesses).

6) Compartmentalization: An uncanny ability to compartmentalize. They turn off outside stressors and focus exclusively on the task at hand.

7) Focus on Questions, Not Answers: They ask great questions. It allows them to aggregate insights more effectively.

8) Expert Advice Filters: Winners have learned how to filter and selectively implement advice—take the signal, skip the noise.

9) Impatient Long-Term Thinkers: Long-term thinking plus short-term impatience for action is the recipe for success.
PRINCIPLES
Sahil Bloom
Sahil Bloom
@SahilBloom
A paradox is a seemingly self-contradictory statement that proves true.

The most powerful paradoxes I’ve found:

The Paradox of Failure

You have to fail more to succeed more.

Our greatest moments of growth often stem directly from our greatest moments of failure.

Don’t fear failure.

Learn to fail smart and fast—never fail the same way twice.

Always put yourself in the arena.

The Paradox of Persuasion

Ever notice that the most argumentative people rarely persuade anyone of anything?

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 Paradox of Productivity

Work longer, get less done.

Parkinson's Law says that work expands to fill the time available for its completion.

When you establish fixed hours to work, you'll find unproductive ways to fill it.

Work like a lion instead—sprint, rest, repeat.

The Paradox of Effort

You have to put in more effort to make something appear effortless.

Effortless, elegant performances are simply the result of a large volume of consistent, effortful practice.

Small things become big things.

Simple is not simple.
PRINCIPLES

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Six threads better than a college degree:

1.


2.


3.


4.
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Romeen Sheth
Romeen Sheth
@RomeenSheth
There are 2 paths to success:

1. Be Top 1% in the world at 1 thing
2. Be Top 25% in the world at 3 things

Top 25% is achievable by most people.

The problem is most people focus on being Top 1%.

Work on combining “3 pretty goods” and stay at it.

It’ll pay off big.
PERSONAL GROWTH
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48 Laws Of Power Bot
48 Laws Of Power Bot
@48_quotes
A Viper crushed beneath your foot but left alive, will rear up and bite you with a double dose of venom.

An enemy that is left around is like a half-dead viper that you nurse back to health.

Time makes the venom grow stronger.
PERSONAL GROWTH
48 Laws Of Power Bot
48 Laws Of Power Bot
@48_quotes
The credit for an invention or creation is as important, if not more important, than the invention itself.

You must secure the credit for yourself and keep others from stealing it away, or from piggybacking on your hard work.
PERSONAL GROWTH
Investment Books
Investment Books
@InvestmentBook1
Mega Thread on Personal Finance 101

👇👇👇

Rule of 72 (Double Your Money)
Rule of 114 (Triple)
Rule of 144 (Quadruple)
Rule of 70 (Inflation)
4% Withdrawal Rule
100 - Minus Age Rule
10, 5, 3 Rule
50-30-20 Rule
3X Emergency Rule
40℅ EMI Rule
Life Insurance Rule

♻ Rule of 72

No. of yrs required to double your money at a given rate, U just divide 72 by interest rate
Eg, if U want to know how long it will take to double your money at 8% interest, divide 72 by 8 and get 9 yrs

At 6% rate, it will take 12 yrs
At 9% rate, it will take 8 yrs

📋Rule of 114

No. of years required to triple your money at a given rate, U just divide 114 by interest rate.

For example, if you want to know how long it will take to triple your money at 12% interest, divide 114 by 12 and get 9.5 years

At 6% interest rate, it will take 19yrs

🗒️ Rule of 144

No. of years required to, quadruple your money at a given rate, U just divide 144 by interest rate.

For eg, if U want to know how long it will take to quadruple your money at 12% interest, divide 144 by 12 and get 12 yrs

At a 6% interest rate, it will take 24yrs

🗒️ Rule of 70

Divide 70 by the current inflation rate to know how fast the value of your investment will get reduced to half its present value.

The inflation rate of 7% will reduce the value of your money to half in 10 years.
FINANCE , PERSONAL FINANCE , PERSONAL GROWTH

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Thiruvizha Mahadeva Kshetram
#Alappuzha 
#Keralatemples 🚩

Thiruvizha Mahadeva Kshetram is located in Cherthala and it is believed that Prathishta of temple was done by Vilwamangalam Swamy. Paramashiva is Swayambhu here and is worshipped as Kalakandha which means who swallowed


Halahala visham to save the world during Samudra mathanam. 

It is a famous temple where people seek the blessings, for curing the Kaivisham. The poison given by someone to destroy a person is made to vomit here. This is removed by making them vomit the poison by a special


medicine.
The medicine for vomiting is made from a plant near temple by Palodathu family. The milk offered to Bhagwan is mixed with the extracts of the plant.

Story says that once this place was a dense forest, and a woman was looking for the presence of a tortoise in the pond


and the tip of her stick hit the bottom and it started bleeding in the pond. 
Frightened, the lady informed every one and after searching in pond people found Swayambhu Lingam inside the pond. Thus Prathishta was done here.

Om Namah Shivaye
Shambo Mahadeva
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@Aamani_03
॥ॐ॥
अस्य श्री गायत्री ध्यान श्लोक:
(gAyatri dhyAna shlOka)
• This shloka to meditate personified form of वेदमाता गायत्री was given by Bhagwaan Brahma to Sage yAgnavalkya (याज्ञवल्क्य).

• 14th shloka of गायत्री कवचम् which is taken from वशिष्ठ संहिता, goes as follows..


• मुक्ता-विद्रुम-हेम-नील धवलच्छायैर्मुखस्त्रीक्षणै:।
muktA vidruma hEma nIla dhavalachhAyaiH mukhaistrlkShaNaiH.

• युक्तामिन्दुकला-निबद्धमुकुटां तत्वार्थवर्णात्मिकाम्॥
yuktAmindukalA nibaddha makutAm tatvArtha varNAtmikam.

• गायत्रीं वरदाभयाङ्कुश कशां शुभ्रं कपालं गदाम्।
gAyatrIm vardAbhayANkusha kashAm shubhram kapAlam gadAm.

• शंखं चक्रमथारविन्दयुगलं हस्तैर्वहन्ती भजै॥
shankham chakramathArvinda yugalam hastairvahantIm bhajE.

This shloka describes the form of वेदमाता गायत्री.

• It says, "She has five faces which shine with the colours of a Pearl 'मुक्ता', Coral 'विद्रुम', Gold 'हेम्', Sapphire 'नील्', & a Diamond 'धवलम्'.

• These five faces are symbolic of the five primordial elements called पञ्चमहाभूत:' which makes up the entire existence.

• These are the elements of SPACE, FIRE, WIND, EARTH & WATER.

• All these five faces shine with three eyes 'त्रिक्षणै:'.
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80 Films with the biggest Plot Twists that will blow your mind.

1. Fight Club


2. Predestination


3. Seven


4. Requiem for a Dream
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Aditya Todmal
Aditya Todmal
@AdityaTodmal
12 TRADING SETUPS which experts are using.

These setups I found from the following 4 accounts:

1. @Pathik_Trader
2. @sourabhsiso19
3. @ITRADE191
4. @DillikiBiili

Share for the benefit of everyone.

Here are the setups from @Pathik_Trader Sir first.

1. Open Drive (Intraday Setup explained)


Bactesting results of Open Drive


2. Two Price Action setups to get good long side trade for intraday.

1. PDC Acts as Support
2. PDH Acts as


Example of PDC/PDH Setup given
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