BC BOOKS
Saved by @tradrdoc

"21 of the wisest things ever said on the Internet"

| Thread

 1. "If you want to make the wrong decision, ask everyone."

@naval
2. "Spending money to show people how much money you have is the fastest way to have less money."

- The Psychology of Money, @morganhousel
3. “Remember: we don't control what happens, we control how we respond”

@RyanHoliday
4. “You only need to know the direction, not the destination.

The direction is enough to make the next choice.”

@JamesClear
5. “Read books because you will never be able to meet and spend uninterrupted time with the thoughts of so many brilliant and unique people.”

@IAmMarkManson
6. “Be nice but learn to say no.”

@unkonfined
7. “You basically need two things to succeed: discipline and consistency.”

@growthhub_
8. “Your real soulmate will naturally vibe with you, heal with you and make you love yourself more.”

@MindTendencies2
9. “Stop waiting for someone to bring you flowers. Plant your own garden.”

@wiseconnector
10. “You are at your strongest when you are calm.”

@WealthFoodLife
11. “You can't learn when you're always trying to be right.”

@FitFounder
12. “Three daily enemies: Multi-tasking, overthinking, and procrastination.”

@SalesNotepad
13. “Replace alcohol with water
Replace Netflix with podcasts
Replace influencers with creators
Replace overthinking with actions
Replace toxic friends with mentors
Replace complaining with gratitude
Replace spending money with investing”

@IAmAaronWill
14. “I have no energy to hate anyone, I literally have no space in my heart to carry that shit around.

I either love you, wish you well or hope you heal.”

@_Pammy_DS_
15. “You become very dangerous once you learn to control your feelings”

@Positive_Call
16. “Social media is free because you’re the product.”

@writingtoriches
17. “IQ is overrated. Discipline is underrated.”

@wealth_director
18. “You will learn a lot from heartaches, empty pockets and failures.”

@bossyourday
19. “Self care tip:

Overthinking will destroy your mood.
Breathe and let go.”

@WealthInc247
20. “If you get a gut feeling that something isn’t right about a person or situation, trust it.”

@wise_chimp
21. “Don’t talk, just act. Don’t say, just show. Don’t promise, just prove.”

@MindHaste
Mental models are the most important ideas of each science
It is the way of thinking of the greatest in history.

With the help of books, etc,
It will internalize mental models in your head in a way that you will use them automatically.

Get your copy:

https://t.co/5uDnGxmzeS
| If you liked this Thread, Please help me reach out to a greater audience by Retweeting the first Tweet.

| Follow @MindHaste for more such Threads in Philosophy and Psychology.

https://t.co/tGF1E0JWJn

More from Books

Universal Mind
Universal Mind
@univ_mind_
10 MUST-READ Quotes From the Book: "Think and Grow Rich"

By Napoleon Hill

\\ Thread //


1. “More gold had been mined from the mind of men than the earth it self”

2. “A quitter never wins-and-a winner never quits.”

3. “The starting point of all achievement is DESIRE. Keep this constantly in mind. Weak desire brings weak results, just as a small fire makes a small amount of heat.”

4. “Happiness is found in doing, not merely possessing.”
BOOKS
Book Quotes
Book Quotes
@Strong_Mindd
8 Insightful Lessons From the Book "10% Happier"

Thread


1. "When you have one foot in the future and the other in the past, you piss on the present."

2. "There’s no point in being unhappy about things you can’t change, and no point being unhappy about things you can."

3. "There’s no point in being unhappy about things you can’t change, and no point being unhappy about things you can."

4. "Pursuit of happiness becomes the source of our unhappiness."
BOOKS
Advertisement
Thomas Chua
Thomas Chua
@SteadyCompound
Peter Lynch averaged 29.2% annual return between 1977 to 1990.

His books One Up Wall Street and Beating the Street offered great insights into his success.

Here are my top 10 lessons from the legend:


1. This quote was so good Warren Buffett cited it in his shareholder letter.

“Selling your winners and holding your losers is like cutting the flowers and watering the weeds.”

2. Volatility is the price of admission.

“People who succeed in the stock market also accept periodic losses, setbacks, and unexpected occurrences. Calamitous drops do not scare them out of the game.”

3. On how many stocks you should own.

"Owning stocks is like having children. Don't get involved with more than you can handle."

4. On making mistakes.

"There's no shame in losing money on a stock. Everybody does it. What is shameful is to hold on to a stock, or worse, to buy more of it when the fundamentals are deteriorating."
BOOKS
Deep Note
Deep Note
@1DeepNote
12 Top Lessons From the Book “ Rework“

📗Book Review


1.Mistakes and Learning

📝Learning  from your success will always tell you what to do next, therefore it is important to understand that failure is not a prerequisite to success.

👉🏻When you learn from your mistakes, you learn what NOT to do.

2.Don’t let the past drive the future

❌You have to learn to go in new directions, because that is what suitable today.

✅ If you break your tasks into smaller tasks, you are much more likely to be accurate, compared to estimate something big.

3.Premature Growth means death

🌐See what feels right, small companies wish they were big, and big companies wish they were more agile.

❗ Premature growth is a death point, don’t grow for the sake of growing.

4. Don’t be a Workaholic

🗝️Workaholics create more problems than they solve. If you always work hard you don’t know what are considered to be real problems.

❌  Work hard when required, not all the time — you will burn out.
BOOKS
Deep Note
Deep Note
@1DeepNote
12 Best Quotes from the Book “The Obstacle Is the Way”

⚡️Book Review⚡️


1. “Whatever we face, we have a choice: Will we be blocked by obstacles, or will we advance through and over them?”

2. “There is no good or bad without us, there is only perception. There is the event itself and the story we tell ourselves about what it means.”

3. “Focusing exclusively on what is in our power magnifies and enhances our power.”

4. “Our perceptions determine, to an incredibly large degree, what we are and are not capable of. In many ways, they determine reality itself.

👉When we believe in the obstacle more than in the goal, which will inevitably triumph?”
BOOKS

You May Also Like

Shalini Singh Sengar
Shalini Singh Sengar
@Maverickmusafir
Remembering Colonel Anil Kaul, VrC (Retd) on his 3rd Death Anniversary.

“It was October 12, 1987, exactly 5:55 pm as I was… coming out of the cupola of my T-72 tank on a steamy evening in an unknown place called Kokkuvil in the Jaffna district of Northern Sri Lanka.+


I froze in that confined space at what I saw. An LTTE militant stood at 60 meters aiming his rocket-propelled gun at my tank.

In a flash he fired. Probably having lost his nerve he aimed too low. The projectile hit the left mudguard of the tank, but for some inexplicable reason+


did not explode. It then hit the side of the main gun and then exploded on top of the turret, all in a fraction of a second. Before I knew, it seemed I had received a straight right punch so to say to my chin. I saw some blood appear on my left hand and there was a sharp drop in+

my eyesight.

Lt Colonel (now Lt Gen) Dalbir Singh, then Commanding Officer of 10 Para Commando, who was standing on the engine deck said to me, “Yaar what a close shave.”

He suddenly saw me and the look on his face told me that something was very very wrong with me. In that+

fraction of a second, as if it was a rewind of my entire life, thoughts raced through my life as to how and when I had landed myself in such a situation…

I asked my gunner to pull out a first field dressing (FFD) which is standard equipment in a first aid box carried in each+
HISTORY
Vibhu Vashisth
Vibhu Vashisth
@VIBHU_Tweet
शमशान में जब महर्षि दधीचि के मांसपिंड का दाह संस्कार हो रहा था तो उनकी पत्नी अपने पति का वियोग सहन नहीं कर पायी और पास में ही स्थित विशाल पीपल वृक्ष के कोटर में अपने तीन वर्ष के बालक को रख के स्वयं चिता पे बैठ कर सती हो गयी ।इस प्रकार ऋषी दधीचि और उनकी पत्नी की मुक्ति हो गयी।


परन्तु पीपल के कोटर में रखा बालक भूख प्यास से तड़पने लगा। जब कुछ नहीं मिला तो वो कोटर में पड़े पीपल के गोदों (फल) को खाकर बड़ा होने लगा। कालान्तर में पीपल के फलों और पत्तों को खाकर बालक का जीवन किसी प्रकार सुरक्षित रहा।

एक दिन देवर्षि नारद वहां से गुजर रहे थे ।नारद ने पीपल के कोटर में बालक को देख कर उसका परिचय मांगा -
नारद बोले - बालक तुम कौन हो?
बालक - यही तो मैं भी जानना चहता हूँ ।
नारद - तुम्हारे जनक कौन हैं?
बालक - यही तो मैं भी जानना चाहता हूँ ।

तब नारद ने आँखें बन्द कर ध्यान लगाया ।


तत्पश्चात आश्चर्यचकित हो कर बालक को बताया कि 'हे बालक! तुम महान दानी महर्षि दधीचि के पुत्र हो । तुम्हारे पिता की अस्थियों का वज्रास्त्र बनाकर ही देवताओं ने असुरों पर विजय पायी थी।तुम्हारे पिता की मृत्यु मात्र 31 वर्ष की वय में ही हो गयी थी'।

बालक - मेरे पिता की अकाल मृत्यु का क्या कारण था?
नारद - तुम्हारे पिता पर शनिदेव की महादशा थी।
बालक - मेरे उपर आयी विपत्ति का कारण क्या था?
नारद - शनिदेव की महादशा।
इतना बताकर देवर्षि नारद ने पीपल के पत्तों और गोदों को खाकर बड़े हुए उस बालक का नाम पिप्पलाद रखा और उसे दीक्षित किया।
ALL
Advertisement
Simon DeDeo
Simon DeDeo
@SimonDeDeo
One thing that goes unremarked about Wikipedia: the vast majority of the content was written over 12 years ago—which means (given turnover) that the editors dominant today were not directly involved in that creation.

Put another way, the editors who built the dominant nodes in this network...


...have little overlap with the ones who made this much more recent managerial flowchart.


Internet time runs at hundred-fold speed—the difference between the people who painted what's in the Uffizi, and the people in charge of keeping those paintings from deteriorating. Very different tasks, and (one presumes) very personalities as well. @PaulSkallas?
ALL
Techno Funda Investing
Techno Funda Investing
@TechnoFunda6
Thread 🧵explaining #ROE & #ROCE and its use in #FundamentalAnalysis

(Must read for #FA learners)

🙏Like & RT to spread learning with all 🙏

Views Welcome 👉 @dmuthuk @Vivek_Investor @datta_arvind @caniravkaria @FI_InvestIndia @AdityaD_Shah

#FundamentalAnalysis #StockMarket


1⃣

Return on Equity (#ROE) and Return on Capital Employed (#ROCE) are two important Financial Ratios used in #FundamentalAnalysis of Stocks.

#StockMarket #Investing

2⃣

Return on Equity (ROE) is the ratio of Net Income (Net Profit) of a company and it’s Total Equity (Shareholder's Equity).

Here - Shareholders Equity = Share Capital + Reserves & Surplus.

#StockMarket #Investing #FundamentalAnalysis


3⃣

#ROE is a measure of how much net profit a company is making for every rupee invested by its shareholders in the company.

It can be said that higher the ROE, better it is for the equity shareholders. It tells shareholders about how effectively their money is being used.

4⃣

However, you should not trust high ROE blindly. Biggest drawbacks or weaknesses of ROE is that it completely ignores debt.

Hence for companies having high levels of debt, ROE will give a higher but misleading value & therefore we need to look at #ROCE along with #ROE.
ACCOUNTING , FUNDAMENTAL ANALYSIS , ROE VS ROCE ANALYSIS
Noah Smith
Noah Smith
@Noahpinion
1/OK, data mystery time.

This New York Times feature shows China with a Gini Index of less than 30, which would make it more equal than Canada, France, or the Netherlands. https://t.co/g3Sv6DZTDE

That's weird. Income inequality in China is legendary.

Let's check this number.

2/The New York Times cites the World Bank's recent report, "Fair Progress? Economic Mobility across Generations Around the World".

The report is available here:

3/The World Bank report has a graph in which it appears to show the same value for China's Gini - under 0.3.

The graph cites the World Development Indicators as its source for the income inequality data.


4/The World Development Indicators are available at the World Bank's website.

Here's the Gini index: https://t.co/MvylQzpX6A

It looks as if the latest estimate for China's Gini is 42.2.

That estimate is from 2012.

5/A Gini of 42.2 would put China in the same neighborhood as the U.S., whose Gini was estimated at 41 in 2013.

I can't find the <30 number anywhere. The only other estimate in the tables for China is from 2008, when it was estimated at 42.8.
SOCIETY