For the most part, life gives you so many decisions to make and so many opportunities to recover from your mistakes that, if you handle them well, you can have a terrific life. Of course, sometimes there are major influences on the quality of our lives that come from things beyond our control—the circumstances we are born into, accidents and illnesses, and so forth—but for the most part even the worst circumstances can be made better with the right approach. #principleoftheday
By practicing open-mindedness and assertiveness, you should be able to resolve most disagreements. If not, and if your dispute is one-on-one, you should escalate to a mutually agreed-upon believable other. All things being equal, that should be someone higher in your reporting chain, such as your boss. When a group can't reach an agreement, the person responsible for the meeting should take a believability-weighted vote. #principleoftheday
From small-town West Texas filmmaker to Andrew Tate’s go-to videographer… Here’s how I did it.
Use these lessons to work with the highest profile people in the world.
I have an MBA and am working as an equity fund manager on Wall Street.
I’ll teach you the basics of a
- Balance Sheet
- Income Statement
- Cash Flow Statement
In a few minutes.
The fiscal deficit cannot be addressed by revenue raising measures only(…). Government must focus on addressing real issues and not push those who live and work with dignity in to dependency by irrational and impractical tax measures. @sjbsrilanka#LKA#SriLankaCrisis
I know talented men who are unsuccessful.
I know smart men who are unsuccessful.
I do not know a single man whos genuinely persistent that doesn’t have a fantastic life.
Persistence is the measure of man.
It trumps talent and intelligence
If you never give up
You never lose
The P/E Ratio is the most used Ratio by far.
Yet, 99%(not statistically accurate😉) of Investors lose money because of the way they use it.
Let me explain what the P/E Ratio tells you and how it’s used the right way👇🏼
Selling stocks when markets drop can make temporary losses permanent. Staying the course, while difficult emotionally, may be healthier for your portfolio.
Contd.
🧵🏆 Sir John Templeton is one of the best investors in the world who achieved a 15% annualized return over a period of 38 years. This means a $10.000 investment would have become $2.9 million (!).
Here are his 16 essential rules for investment success ⬇️⬇️⬇️
People who see value in Stocks, invest, and are called value investors. But there is a flock of people who call themselves value investors but chicken out and sell at cheap valuations. Also they don’t know the value of holding and rupee cost averaging.
Bear markets are the best shot most of us will get
Imagine everyone is stuck in the mud
Every inch forward is a battle and gets you 10X further compared to others
Most will quit / log off
The playing field is wide open
This is exactly why we shouldn't allow our losses to bleed. We may easily secure 10-20% gains more often than 100% + gains. So limiting each loss to 5% - 10% will give definite edge to a trader in the long run. Top traders are always better risk managers. Food for 🧠.
Panic led to lockdowns. Lockdowns led to fiscal stimulus. Stimulus led to inflation. Inflation led to monetary tightening. Tightening leads to recession.
The panic wasn’t free - and the bill is coming due.
The world doesn't care about your feelings.
The world doesn't really care about you.
What matters is what you do with what touched you.
If you cry all your life over your lack of attributes and harbour resentments for how small you think you are,
(1/2)