These regions must innovate quickly to attract that wealth. Better schools, faster internet connections are a must
I've spoken to 1,500+ people about remote work in the last 9 months
A few predictions of what is likely to emerge before 2030
[ a thread ] 💻🏠🌍
These regions must innovate quickly to attract that wealth. Better schools, faster internet connections are a must
Tools that enable asynchronous work are the most important thing globally remote teams need. A lot of startups will try to tackle this
This will lead to deeper, more meaningful relationships which overcome societal issues of loneliness and issolation
Companies who embrace it have a first-mover advantage to attract great talent globally. Companies who don't will lose their best people to their biggest competitors
Great workers will be the ones who deliver what they promise consistently
Advancement decisions will be decided by capability rather than who you drink beer with after work
The cost saving in real-estate at scale will be eye-watering. The productivity gains will be the final nail in the coffin for the office
The opposite will be true and become a big problem
Remote workers burning out because they work too much will have to be addressed
Likely staffed with facilitators and educators who train staff of how to maximize effectiveness
Organizing your work around your life will be the first noticeable switch. People realizing they are more than there job will lead to deeper purpose in other areas
Workers will do what needs to be done rather than wasting their trying to look busy with the rest of the office
Workers will exploit the freedom they have to organize things more freely in their day. Afternoon runs, morning meditation, 2 things a lot of people I know now do
No-code tools that enable workers to built bots that automate menial parts of their roles will be huge
Co-working, subscription clubs, will emerge that let workers who prefer that mode of work to operate from there
Associated business parks and services will spring up. This will happen even more rapidly as self driving tech emerges
Expect a @Tesla product in this space
A recognition that we no longer have to sacrifice work for living, we can organize work around our lives
Communities become the most important most a company has
Huge opportunity to synchronise education to enable families to be more fluid in their locations
Conferences and quarterly networking events will becomes more important for cultivating in-person relationships
The most exciting companies I know personally all plan to hire remotely this decade
~90% of the workforces we've spoken to never want to be in an office again full-time
Companies are searching for ways to do this more effectively. Tools that enable others to write better will explode
More from Chris Herd
You May Also Like
Curated the best tweets from the best traders who are exceptional at managing strangles.
• Positional Strangles
• Intraday Strangles
• Position Sizing
• How to do Adjustments
• Plenty of Examples
• When to avoid
• Exit Criteria
How to sell Strangles in weekly expiry as explained by boss himself. @Mitesh_Engr
• When to sell
• How to do Adjustments
• Exit
1. Let's start option selling learning.
— Mitesh Patel (@Mitesh_Engr) February 10, 2019
Strangle selling. ( I am doing mostly in weekly Bank Nifty)
When to sell? When VIX is below 15
Assume spot is at 27500
Sell 27100 PE & 27900 CE
say premium for both 50-50
If bank nifty will move in narrow range u will get profit from both.
Beautiful explanation on positional option selling by @Mitesh_Engr
Sir on how to sell low premium strangles yourself without paying anyone. This is a free mini course in
Few are selling 20-25 Rs positional option selling course.
— Mitesh Patel (@Mitesh_Engr) November 3, 2019
Nothing big deal in that.
For selling weekly option just identify last week low and high.
Now from that low and high keep 1-1.5% distance from strike.
And sell option on both side.
1/n
1st Live example of managing a strangle by Mitesh Sir. @Mitesh_Engr
• Sold Strangles 20% cap used
• Added 20% cap more when in profit
• Booked profitable leg and rolled up
• Kept rolling up profitable leg
• Booked loss in calls
• Sold only
Sold 29200 put and 30500 call
— Mitesh Patel (@Mitesh_Engr) April 12, 2019
Used 20% capital@44 each
2nd example by @Mitesh_Engr Sir on converting a directional trade into strangles. Option Sellers can use this for consistent profit.
• Identified a reversal and sold puts
• Puts decayed a lot
• When achieved 2% profit through puts then sold
Already giving more than 2% return in a week. Now I will prefer to sell 32500 call at 74 to make it strangle in equal ratio.
— Mitesh Patel (@Mitesh_Engr) February 7, 2020
To all. This is free learning for you. How to play option to make consistent return.
Stay tuned and learn it here free of cost. https://t.co/7J7LC86oW0
Like company moats, your personal moat should be a competitive advantage that is not only durable—it should also compound over time.
Characteristics of a personal moat below:
I'm increasingly interested in the idea of "personal moats" in the context of careers.
— Erik Torenberg (@eriktorenberg) November 22, 2018
Moats should be:
- Hard to learn and hard to do (but perhaps easier for you)
- Skills that are rare and valuable
- Legible
- Compounding over time
- Unique to your own talents & interests https://t.co/bB3k1YcH5b
2/ Like a company moat, you want to build career capital while you sleep.
As Andrew Chen noted:
People talk about \u201cpassive income\u201d a lot but not about \u201cpassive social capital\u201d or \u201cpassive networking\u201d or \u201cpassive knowledge gaining\u201d but that\u2019s what you can architect if you have a thing and it grows over time without intensive constant effort to sustain it
— Andrew Chen (@andrewchen) November 22, 2018
3/ You don’t want to build a competitive advantage that is fleeting or that will get commoditized
Things that might get commoditized over time (some longer than
Things that look like moats but likely aren\u2019t or may fade:
— Erik Torenberg (@eriktorenberg) November 22, 2018
- Proprietary networks
- Being something other than one of the best at any tournament style-game
- Many "awards"
- Twitter followers or general reach without "respect"
- Anything that depends on information asymmetry https://t.co/abjxesVIh9
4/ Before the arrival of recorded music, what used to be scarce was the actual music itself — required an in-person artist.
After recorded music, the music itself became abundant and what became scarce was curation, distribution, and self space.
5/ Similarly, in careers, what used to be (more) scarce were things like ideas, money, and exclusive relationships.
In the internet economy, what has become scarce are things like specific knowledge, rare & valuable skills, and great reputations.