BC THREAD

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VatsRohit
@KesariDhwaj 3 years, 11 months ago 681 views

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This is a result of credit fueled big ticket purchases of which buying a home is a big component. No amount of saving will cover the housing EMIs payable over one year. To this, add EMIs of 1 or 2 cars, and you've monthly EMIs running into 1 Lakh+. Now, add monthly house-hold +

One thing I\u2019ve learnt from the Covid catastrophe is that the so many batch mates from engineering (and maybe b school) have no savings. So many people with like 20 years of really affluent work experience are two month\u2019s salary away from crowd funding to feed their families.
— Sidin (@sidin) July 9, 2021

+ expense, school fee and other sundry expenses and suddenly, you'll find a family unable to sustain itself w/o cash-flow for even 3-4 months. And most important of them all -
HAVING ASSETS IS NOT SAME AS HAVING CASH.
+

+ From personal experience, I think this is what you need to do:
- Maintain between Rs 1-2 Lakhs in emergency cash at all times.
- Use your Credit Cards wisely. They can be good source of large credit in an emergency.
- Work out your monthly house-hold expenses and EMIs
+

- Build a cash-reserve to cover your household expenses for a 6-month or 1-year period.
- Consider food, electricity, mobile/internet, your kids school fee, fuel, rent etc.
- Then work out your EMI obligations and see what level of reserves you can create for them.
- Maintain+

+ this back-up fund in cash/near cash assets.
- So, that you can utilize them as per requirement and are not subject to market forces.

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PFIZERLEAK: EXPOSING THE PFIZER MANUFACTURING AND SUPPLY AGREEMENT.

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Background:
Pfizer has been extremely aggressive in trying to protect the details of their international COVID19 vaccine agreements.

Luckily, I've managed to get one.

#PfizerLeak
#Pfizer

Because the cost of developing contracts is very high and time consuming (legal review cycles), Pfizer, like all corporations, develop a standardized agreement template and use these agreements with relatively minor adjustments in different countries.

#PfizerLeak
#Pfizer

These agreements are confidential, but luckily one country did not protect the contract document well enough, so I managed to get a hold of a copy.

As you are about to see, there is a good reason why Pfizer was fighting to hide the details of these contracts.
#PfizerLeak
#Pfizer

First, let's talk about the product:
The agreement not only covers manufacturing of vaccines for COVID19 and its mutations, but also for "any device, technology, or product used in the administration of or to enhance the use or effect of, such vaccine".

#PfizerLeak
#Pfize

If you were wondering why #Ivermectin was suppressed, well, it is because the agreement that countries had with Pfizer does not allow them to escape their contract, which states that even if a drug will be found to treat COVID19 the contract cannot be voided.

#PfizerLeak
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Sahil Bloom
@SahilBloom

Lifelong learning is a competitive advantage.

But contrary to what you’ve been told, lifelong learners are built, not born.

THREAD: 20 lifelong learning habits you can start developing today.

Stimulate Dynamically

The mind is a muscle - it needs to be stimulated dynamically to continue to grow.

Don’t rely on one “exercise” - develop a menu of options.

Write, read, listen, watch. Solve puzzles, play games. Enjoy it!

Stimulate dynamically, learn dynamically.

Build Learning Circles

The most powerful learning is communal, not individual.

Build learning circles with other intellectually curious minds.

Engage regularly with no set intention or goal.

Community is everything. Embrace it.

Keep Asking Why

“Why?” is the most useful tool in our learning toolkit.

But somewhere along the line, we are told to stop asking why and just accept “facts” as we are told them.

Reject the norm.

If you want to understand the world, take a cue from our kids - keep asking why!

First principles thinking is a powerful mental model for driving non-linear outcomes. It also requires a willingness to ask difficult, uncomfortable questions.

Here are a few to help you get started: pic.twitter.com/KyuAr7IUf7
— Sahil Bloom (@SahilBloom) March 14, 2021

Adopt a Process Orientation

Prioritize process.

Learn for the sake of learning, not always for a specific goal.

When you prioritize process, you become flexible in where you are headed.

Life is a winding, confusing journey - forward progress is all that matters.

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@NavroopSingh_

Shakuni is considered a villan in Mahabharat, some one who was responsible for Vinash of Kuru Vansh. But y was he after Kuru Vansh when her own sister was maharani of Bharat Varsha at that time. A story many dont know.

When Gandhari was born in her a Kundli there was a yog that her first husband would die & 2nd one would survive. Hence Gandhari's first marraige was done with a goat was later sacrificed removing the dosh in her Kundli.

Gandhar king got the proposal of Dhritrashtra for Gandhari. Gandhari got to know about blindness of Dhritrashtra & yet accepted the marraige proposal to keep the word of her father. Shakuni was unhappy with her beloved sister marrying a blind king.

After marraige when Dhritrashtra got to know that Gandhari had the Mrityu dosh in Kundli, the army of hastinapur attacked the Kingdom of Gandhar & making all male members of Gandhar vansh bandhis.

The Gandhar King's family was hardly given anything to eat with one serving of rice to entire clan. The family decided to feed their heir Shakuni who cud live & destroy the Kuru vansh.

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Facts
@BefittingFacts

@nramind The @the_hindu has reputation? No. That's not true. Oh Wait I am not saying this, Denmark ambassador to india says this.

@the_hindu The reputation of The Hindu is good that they printed a MEME against UP CM Yogi Adityanath as a poster of BJP TamilNadu welcoming him.

@the_hindu The Hindu appointed Nita Ambani as a professor of BHU but sadly Nita Ambani was not like Nidhi to fall for it.
Reputation? 😂😂

@the_hindu Congratulations on getting Certified as Fake News spreader. That's some legacy 😂

@the_hindu @the_hindu turned a clash between BJP and RLD supporters to between BJP supporters and Farmer just to prove that BJP is against farmer.
Reputation? 🤔

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