*How to become super rich?*

Amazing answer by Mr Awadhesh Singh, an ex student of IT-BHU (now IIT-BHU)..

When I was doing my B Tech, there was a Professor Das Talukedar who used to teach us ‘Mechanics’.

His lectures used to be very interesting since he had an interesting way to teach and explain the concepts..

One day, in the class, he asked the following questions,

1. What is ZERO?
2. What is INFINITY?
3. Can ZERO and INFINITY be same?
We all thought that we knew the answers and we replied as following..

ZERO means *nothing.*
INFINITY means *a number greater than any countable number.*
ZERO and INFINITY *are opposite and they can never be same.*

He countered us by first talking about infinity and asked,
‘How can there be any number which is greater than any countable number?’

We had no answer..

He then explained the concept of infinity in a very interesting way, which I remember even after more than 35 years..
He said that imagine that there is an illiterate shepherd who can count only upto 20.

Now, if the number of sheep he has less than 20 and you ask him how many sheep he has, he can tell you the precise number (like 3, 5 14 etc.).
However, if the number is more than 20, he is likely to say “TOO MANY”.

He then explained that in science infinity means ‘too many’ (and not uncountable) and in the same way zero means ‘too few’ (and not nothing)..
As an example, he said that if we take the diameter of the Earth as compared to distance between Earth and Sun, the diameter of earth can be said to be zero since it is too small.

However, when we compare the same diameter of earth with the size of a mustard,
diameter of earth can be said to be infinite..

Hence, he concluded that the same thing can be ZERO and INFINITE at the same time, depending on the context, or your matrix of comparison..
The relationship between richness and poverty is similar to the relationship between infinity and zero..

It all depends on the scale of comparison with your wants..

If your income is more than your wants, you are rich.
If your wants are more than your income, you are poor.
I consider myself rich because my wants are far less than my income.

I have become rich not so much by acquiring lots of money, but by progressively reducing my wants.

If you reduce your wants, you too can become rich at this very moment.

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A THREAD ON @SarangSood

Decoded his way of analysis/logics for everyone to easily understand.

Have covered:
1. Analysis of volatility, how to foresee/signs.
2. Workbook
3. When to sell options
4. Diff category of days
5. How movement of option prices tell us what will happen

1. Keeps following volatility super closely.

Makes 7-8 different strategies to give him a sense of what's going on.

Whichever gives highest profit he trades in.


2. Theta falls when market moves.
Falls where market is headed towards not on our original position.


3. If you're an options seller then sell only when volatility is dropping, there is a high probability of you making the right trade and getting profit as a result

He believes in a market operator, if market mover sells volatility Sarang Sir joins him.


4. Theta decay vs Fall in vega

Sell when Vega is falling rather than for theta decay. You won't be trapped and higher probability of making profit.