Find people with experience in your industry. The more hands-on experience, the better.
Just because someone is older or has more business experience than you doesn’t mean they are an ideal mentor for you.
A recession is coming.
Here’s what I’m doing, and what you can do to prepare:
Find people with experience in your industry. The more hands-on experience, the better.
Just because someone is older or has more business experience than you doesn’t mean they are an ideal mentor for you.
Warren suggests 500 pages a day.
Don’t read analyst opinions.
Read the primary source data (financials)
If you don’t know anything about the business, read more! Then talk to mentors! Read everything you can get your hands. Read competitor reports, read historical reports.
Pay for consultants.
Talk to the executives & customers of the company.
Early in my career, people told me
• ‘only invest in what you love’
• ‘without passion you won't succeed’
• 'don't touch what doesn't excite you'
That's crap.
Even if it’s not perfectly aligned with your interests.
You'll learn the most, and they will open any door for you later.
When you have a lot of cash in your bank account, you fidget.
We’ve been taught to spend.
People will tell you inflation is eating your cash.
Forget those people.
Just because you like Nike shorts, it doesn't mean you understand the value of Nike stock.
(I've made this mistake)
Learn to understand the true value of a business, or don't invest in it.
1. Find Mentors
2. Be an information vacuum
3. Learn the business
4. Avoid "The Passion Trap"
5. Be Patient
6. Understand or don't invest
1. Follow me @SievaKozinsky for more of these
2. RT the tweet below to share this thread with your audience https://t.co/xShwJ8jobI
A recession is coming.
— Sieva Kozinsky (@SievaKozinsky) January 21, 2023
Here\u2019s what I\u2019m doing, and what you can do to prepare:
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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.
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.
