7 Life Lessons From The Book "Anna Karenina" by Leo Tolstoy

= Thread =

10 Powerful Lessons From The Book "101 Essays that will Change the way You Think"

//Thread//

1. More Is Not Better✅

Happiness is not about experiencing more of something.

It's about experiencing what you love in new and interesting ways.

2. Embrace Fear✅

You assume happiness is good, and fear is bad.

Fear is an indicator that you're doing something worthwhile.

Change your story around fear. Bad feelings are not always bad.

3. Seek New Experiences✅

It's difficult to change your beliefs through thought alone.

Seek new and novel experiences that make new beliefs real to you.

4. Problems Are Pathways✅

You view problems as roadblocks to your success. Truth is, they're pathways.

"What stands in the way becomes the way."
- Marcus Aurelius

1/12
A quickfire thread based on a book I read recently titled " 80/20 YOUR LIFE " .

Disclaimer : This is MY interpretation & the ratio (80/20) is variable..
The essence here is to identify what matters & weed out the inconsequential & thereby manage time accordingly.

2/12
The #Pareto principle - 80/20 Rule is pretty well known & discussed in context of work & business productivity.
But it can also be applied practically in our day to day life in all possible aspects to ensure smooth sailing.
How do we do that? 🤔

3/12
Pretty simple actually !
Our Top priority goal must be a S.M.A.R.T goal aka :

Specific
Measurable
Attainable
Relevant
Time based goal .

Everything is #time based as time saved can be used constructively for other purposes or even wasted happily ! :))

4/12

A large proportion of our output results from a small proportion of inputs . LEVERAGE SMARTLY !
*Cultivate a forward looking #mindset.
* Learn to #skim and #scan.
* Dedicate #focus & #energy to tasks that produce the greatest impact WRT our goals.
* #Unlearn often

5/12
*#TimeManagement*

Maintain a quality to-do list & a daily to-do list .Ensure high value tasks are mentioned first. Stick to it !
*Be realistic .
*Don't bite off more than you can chew.
*Under promise & over deliver at work to gain attention intially ( NOT VICE VERSA!)

1/ There are a ton of books about Financial & Fundamental Analysis, Scuttlebutt and Technical Analysis. But there aren't many books 'taking risk'.

Among the few that exist, 'Zurich Axioms', written in 1985, is the best. Here are my key takeaways from the book.

2/ A bit about Max Gunther's (The Author) background. He was an Anglo-American journalist and writer, who wrote 26 Books.

His father, Franz Heinrich, was the New York Head of Schweizerischer Bankverein, which later merged into the famous Union Bank of Switzerland (UBS).

3/ The 'Zurich Axioms' were a set of unwritten rules followed by a informal group of Swiss Bankers and Traders who used to socialize around Wall Street after World War II. Mr. Heinrich was one of the founding members.

Max Gunter formalied these 'Axioms' by writing about them.

4/ There are 12 'Major Axioms' and 16 'Minor Axioms' (Corollary to the Major Axioms) in the book.

But remember, this is MY key takeaways from the book and not an exact summary. So you might find quotes, phrases and links inserted here and there by me (Not from the Author).

5/ Axiom #1: In order to earn returns, you must take risk. Risk will make you worry.

Risk-taking and worrying go hand-in-hand. If you're not worried about an investment, you're not taking risk.

Spend half your energy towards earning an income and the rest towards speculation.

10 Incredible Lessons From the Book “Zero to One”

⚡️Book Review⚡️

1. Focus on One Thing

👉 The truly successful ones will put all of their effort behind one unique idea or business plan and throw all of their weight behind that effort.

2. The 80/20 Rule

80% of your profits or yield will be produced by 20% of your customers or products.

👉This fact is also true for most of the other topics.

3. Invest Early

Maximizing retirement savings should be a key interest to any successful entrepreneur.

👉It will lead to greater dividends as you age and will generate wealth much more quickly than you might think.

4. Ignore the Common Wisdom

To be successful, to truly create a 1 from 0, you’ll need to:

👉 think for yourself and come up with a new product or solution that people don’t already know that they need.

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."