10 Powerful Quotes From the Book: "Zero to One"

By Peter Thiel

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10 MUST-READ Quotes From the Book: "Think and Grow Rich"

By Napoleon Hill

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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.”

Top 20 Most Powerful Quotes From Scientists of All Time

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1.

“Two things are infinite: the universe and human stupidity; and I'm not sure about the universe.”

― Albert Einstein

2.

"The saddest aspect of life right now is that science gathers knowledge faster than society gathers wisdom. "

― Isaac Asimov

3.

"If I have seen further it is by standing on the shoulders of Giants."

— Isaac Newton

4.

"The good thing about science is that it's true whether or not you believe in it. "

― Neil deGrasse Tyson

5.

"A man who dares to waste one hour of time has not discovered the value of life."

― Charles Darwin

10 MUST-READ Quotes From the Book: "12 Rules for Life"

By Jordan Peterson

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1. “When you have something to say, silence is a lie.”

2. “And if you think tough men are dangerous, wait until you see what weak men are capable of.”

3. “You can only find out what you actually believe (rather than what you think you believe) by watching how you act. You simply don’t know what you believe, before that. You are too complex to understand yourself.”

4. “The successful among us delay gratification. The successful among us bargain with the future.”

Top 10 Lessons From the Book: "Skin in the Game"

By Nassim Nicholas Taleb

📘Book Summary

1. "Talk is cheap."

Stop talking about doing things and actually DO THEM.

This world desperately needs courageous individuals, who will take action on their dreams.

Be that person.

2. "Experience vs. Theory."

"We are much better at doing than understanding."

Experience is your best teacher.

We as humans are meant to be DOING THINGS.

Not just theorizing about stuff all day.

3. "Yes or No?"

Every decision can be simplified down to either being for or against something.

No matter the sophistication of the situation, try to boil it down to a simple "YES" or "NO"

4. "Dominance of the Minority."

Most people are passive and don't care enough to debate topics.

This is how books get banned for example.

All it takes is a small minority who are really stubborn to move the needle.

Top 20 Most Powerful Philosophy Quotes of All Time

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1.

"It does not matter how slowly you go as long as you do not stop."

– Confucius

2.

“Without music, life would be a mistake.”
– Friedrich Nietzsche

3.

"Quality is not an act, it is a habit."

– Aristotle

4.

"Being deeply loved by someone gives you strength, while loving someone deeply gives you courage."

– Lao Tzu

5.

"One of the penalties for refusing to participate in politics is that you end up being governed by your inferiors."

– Plato

1/22
I first read this book in 2009 after losing 80% of my monies on Penny stocks as a student when the 2008 drawdown happened.

Thought it was too simple !

Now in 2021, I think this is one of the best books to absorb & implement.

A 🧵

#BookTwitter
#BookRecommendations

2/22
Investing means different things to different people - Be it health/ career/external assets with an intent to reap benefits in future.

So then is everyone an Investor ?
No.
When people do different things with even same investment products we give it a different name.
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3/22
Investing is a PERSONAL Plan .
It's NOT a product . NOT a procedure.

One needs to have a clear picture of one's financials BEFORE making an investment plan.

Investment products comprise of items with distinct characteristics DESIGNED to satisfy a particular need.
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4/22
Nothing is permanent except CHANGE.
Same applies for market cycles.
Different Asset Classes help us in that.

By smart movement one can increase the velocity of one's money.

It is NOT about timing the markets.
It's ABOUT the trends in an asset class.

Few pointers
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5/22
Many folks acquire Speculative habits mistakenly thinking they are Investing. ☠️

L.T Investing is central for optimum returns.
Markets will be volatile.
But in long run shall only go ⬆️

Some notes on Cash Flow & Capital Gains Model , Speculation & Law of The Farm
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#NowReading #ShoReadingList

1/16
Was reading upon #Biases & learnt a lot. Thought of sharing a few pointers .
Simply put Bias is a disproportionate weight in favour of or against any idea/thing in all aspects of life.
Few types of Biases ( out of the many) with not so random images. :)
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2/16
The #DunningKruger effect now is fairly well known , wherein people with limited knowledge overestimate their competence, whilst the actually knowledgeable question themselves often .
"Ignorance more frequently begets confidence than does knowledge".
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3/16
*#SelfServingBias*
A very interesting bias wherein we credit our successes to purely ourselves, but when things go awry we cite luck & external forces .
Rings any bells?
Basically a defence mechanism to protect our self esteem & eventually from personal responsibility.

4/16
* #ConfirmationBias *
We all favour ideas & beliefs that affirm to our existing ones' , rarely being open to contradictory opinions .
(Especially in markets !! 😬) Why?

Laziness? Mental block? Ego ?
No wonder, Birds of a feather flock together ... 😉

5/16
* #SunkCostBias *
As we know, sunk costs are irrecoverable , regardless of outcomes. (Eg Money expended towards R&D for a molecule which doesn't work out)
But this actually extends in any investment we make - Time,Money, Effort, Relationships ...😏
Interesting right?

10 Powerful Lessons From the Book “The Art of the Good Life”

| Book Review Thread

1. Peak-end Rule:

You remember the high point and the end point of your holiday, but the rest is forgotten.

Remind to make them as sweet as possible.

2. Plans are nothing. Planning is everything.

A good life is not a stable state or condition.

The good life is only achieved through constant readjustment.

3. Inflexibility as a Stratagem

When it comes to important issues, flexibility isn’t an advantage – it’s a trap.

Use radical inflexibility to reach long-term goals that would be unrealizable if their behavior were more flexible.

4. Reality Doesn’t Care About Your Feelings

Accepting reality is easy when you like what you see, but you’ve got to accept it even when you don’t – especially when you don’t.

1/17

IKIGAI : A reason for BEING .

I have structured the essential bits & pieces of the book in a flow for easy understanding + compiled some handwritten notes.

As always these are just MY TAKEAWAYS from the book :))
#ikigai
#BookReview
#BookRecommendation

2/
Firstly what is #IKIGAI ?

The Japanese call it - A REASON TO JUMP OUT OF BED EACH MORNING.

It's a convergence of 4 things .
*What you love
*What you are good at
*What you can get paid for
*What the world needs .

We need to find our Ikigai in life!
(Pic from the net)

3/
Let's begin with DAILY HEALTH HABITS.

A SOUND MIND IN A SOUND BODY .

Both our MIND & BODY must be exercised well to avoid deterioration in latter years of life .

Have a mental workout routinely by stepping out of your COMFORT ZONE.
Expose yourself to CHANGE.
#RewireBrain

4/
For a sound body there's no need to exercise relentlessly . Regular Yoga, Surya namaskar and Gardening is more than enough.

Don't be a couch potato! 🤷 Keep moving !
Our metabolism slows down just after 30 min of sitting sedentary.
#KeepMoving

5/
#StressKills

Most health problems are STRESS INDUCED.
Hence TAKE TIME OFF every now & then .
SLOW DOWN !!
Life isn't a race .So stop running all the time.

Condition your mind to enjoy each moment by practising #Mindfulness.
Be Self aware & aware of your surroundings!