Short thread on communication, teaching and selling ideas:

When I finished school I went to study in Israel in a "Yeshiva" - these are like HE academies where you just study Jew stuff: philosophy, bible, history, law. And, lots of talmud. 1/

The Talmud is really hard at the best of times. It's very confusing, varies in style from page to page, the content itself is very demanding and it's in a weird Aramaic-Hebrew hybrid. 2/
Everyone in the Yeshiva studied the same tractate (like a book of the talmud) but there were lots of different classes, with each rabbi having a very different style and approach. 3/
One rabbi took a highly abstract and conceptual approach. He used very complicated ideas and words and did a lot of monologuing. Everybody used to rave about how amazing his classes were. So, one day, I decided to go. 4/
I confess that I didn't understand a damn thing. It all just felt very...like...nothingness. Like things were being overcomplicated and overdramatised and ideas and lenses were being added that didn't really add much at all. It was just confusing. 5/
Afterwards I asked my friends "um so how was that" almost all of them said some variation of "absolutely brilliant. I didn't really understand it - but it was brilliant"

Emmmm not for me, mate. 6/
Instead I went to a different rabbi, who was famed for the clarity of his ideas. He used to synthesise all the different opinions, lay them out clearly, explained precisely where each authority differed from the next. It was SO unsexy, but we learnt loads. 7/
There were no moments where I was like "OMGIZZLE MIND BLOWN I'M INSPIRED" it was just "yeah, cool that makes sense. nice one." And that was perfect. 8/
Feck I'm 9 tweets in and haven't got to the point. Basically, I see a lot of stuff out there in ed teaching and CPD that is just wool. It doesn't actually clarify ideas, doesn't have concrete examples, lacks detail BUT - and this is the key - makes you feel smart. 9/
This is salesman work. Where you give people a product that doesn't actually move them on, but makes them feel like something awesome has just happened. Tomorrow, nothing has changed. 10/
Be wary of big words. Be wary of the cult of charisma. Be wary of things and ideas that aren't communicated in a way that makes them readily intelligible. And be wary of that feeling of "MIND BLOWN", often it just results in nothingness. /end

More from Law

This is what he wants to do.

No matter how this trial plays out, the US will remain divided between those who choose truth, Democracy, and rule of law and the millions who reject these things.

1/


The question is how to move forward.

My mantra is that there are no magic bullets and these people will always be with us.

Except for state legislatures, they have less power now than they have for a while.

2/

The only real and lasting solutions are political ones. Get Democrats into local offices. Get people who want democracy to survive to the polls at every election, at every level.

It’s a constant battle.

3/

Maybe I should tell you all about Thurgood Marshall’s life to illustrate how hard the task is and how there will be backlash after each step of progress.

4/

Precisely. That's why Thurgood Marshall's life came to mind.

We are still riding the backlash that started after the Supreme Court decision in Brown v. Board of Education.

That's why I keep saying there are no easy

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A THREAD ON @SarangSood

Decoded his way of analysis/logics for everyone to easily understand.

Have covered:
1. Analysis of volatility, how to foresee/signs.
2. Workbook
3. When to sell options
4. Diff category of days
5. How movement of option prices tell us what will happen

1. Keeps following volatility super closely.

Makes 7-8 different strategies to give him a sense of what's going on.

Whichever gives highest profit he trades in.


2. Theta falls when market moves.
Falls where market is headed towards not on our original position.


3. If you're an options seller then sell only when volatility is dropping, there is a high probability of you making the right trade and getting profit as a result

He believes in a market operator, if market mover sells volatility Sarang Sir joins him.


4. Theta decay vs Fall in vega

Sell when Vega is falling rather than for theta decay. You won't be trapped and higher probability of making profit.