9 Lessons from 'The Compound Effect' By Darren Hardy

THREAD 🧵

10 Key Lessons From the Book “Black Swan” By: Nassim Taleb

⚡️Book Review⚡️

1. Don’t chase black swans, instead, let them permeate your life.

👉You can do this by experimenting, cultivating serendipity,

🚫not taking bell curves too seriously, and investing in lots of small outlier but high-risk opportunities.

2. Black swan events Key attributes:

- Extremely impactful
- Are outlier events
- Are retrospectively predictable, not prospectively predictable

🚫Try to avoid situations that can fool you in a huge way, and avoid depending on huge, and potentially harmful predictions.

3. Randomness mainly comes from lack of knowledge

Surviving until tomorrow could mean that you’re either more likely to be immortal, or closer to death.

👉Both of these conclusions are based on the same exact data.

4. Unknowns are more important than the knowns

👉We can master things in one field and fail to transfer the same to another.

Everyone has their own limitations when it comes to learning from experience or observation.

1/20
MY TAKEAWAYS FROM ATOMIC HABITS by @JamesClear

A spectacular book that focuses on building HABITS following SYSTEMS to achieve RESULTS - Instead of the traditional GOAL BASED approach.

It's a highly engaging read with plenty of practical examples .

#BookRecommendation

2/20
Your OUTCOMES are a lagging measure of your HABITS . Although difficult to appreciate on a daily basis , they MATTER IMMENSELY.
Change your habit ,to change the outcome.

It doesn't matter WHERE you are currently,
CHANGE YOUR HABIT TO CHANGE THE TRAJECTORY OF YOUR LIFE!👇

3/20
You do not RISE to the level of your GOALS .You FALL to the level of your SYSTEMS .

Why so ?

Both WINNERS & LOSERS have a Goal . What then sets them apart ?

It's having a SYSTEM in place.
Systems are forever & they result in continuous SELF IMPROVEMENT .

4/20
Reaching a goal may give rise to emptiness or targetting another goal.
But that isn't the case for systems.

Hence GOALS - OVER RATED SYSTEMS - UNDER RATED

2 small examples on my system based approach for self improvement.

#booklovers

👇

5/20
Your identity emerges out of your habits. Every action is a vote for the type of person you wish to become.

Despite knowing better we find that
changing our habits is challenging because :
1) We try to change the wrong thing
2) We try to change our habits in the wrong way.

10 Fiction Books to transform your 20s.

➤ Siddhartha

”Wisdom cannot be imparted. Wisdom that a wise man attempts to impart always sounds like foolishness to someone else.”

There’s a lot you can learn from the internet, but you’re not learning if you’re only consuming.

Create something. Learn by doing.

➤ The Alchemist

”When you want something, all the universe conspires in helping you to achieve it.”

When you want something enough, it will always be on your mind.

Suddenly you'll see way more opportunities than you did before.

Figure out what you want and watch doors open.

➤ The Sorrows of Young Werther

”All the knowledge I posses everyone else can acquire, but my heart is exclusively my own.”

Learning a skill is the first step, but positioning is what makes the difference between competition and monopoly.

Find the niche that suits you most.

➤ Kafka on the Shore

”What you need to do is move from reason that observes to reason that acts.”

Watching others realise their dreams will make you informed at best and envious at worst.

Start your journey from consumer to creator (w/ @The1stReporter) and don't look back.

10 Top Lessons From the Book
"Chatter"

📚Book Review (THREAD)

1. Introspection is a double-edged sword

💭Introspection—the ability to observe one’s own mental processes— is a valuable tool for reflection and decision-making.

But rather than make people feel better, introspection often leads them to experience something else.

2. Chatter

🗣️Chatter is the cycle of negative thoughts and feelings that turn our capacity for introspection into a vulnerability rather than a strength.

If you can master the art of introspection without the chatter, you can get your internal conversations back on track.

3. Talking to yourself can be helpful

👉Many people wonder how they can control their chatter. One way to do so is to talk to yourself using your name and the word “you,” as if you were advising someone else, a technique called “distant self-talk.”

4. Distant self-talk capitalizes on this idea

✍️Silently talking to yourself like you’re someone else—using “you” and your own name—helps you take a step back from your experience and put your problems in perspective.

7 Powerful Lessons from the Book "Skin in the Game"

By Nassim Nicholas Taleb

| Thread

1. "You will never fully convince someone that they are wrong; only reality can.

To be precise, reality doesn’t care about winning arguments; survival is what matters."

2. "Focusing on just words put us at a dangerous path since we are much better at doing than understanding. Doers win by doing and not by convincing."

3. "Don’t take advice from people who don’t have skin in the game, i.e., be aware of the person who gives advice, telling you that a particular action is good for you and while it’s also good for him or her. While the harm directly affects you and not him."

4. "You don’t want to win an argument; you want to win whatever you’re after money, goals, convertible car."