Highly recommend the latest Parag Parikh FOF on Real Estate.
I've been guilty of having a bias against RE developers as well. Went in with an open mind and got to learn a lot!
(Can complete in an hour if you watch at 1.5x)
Millions of 3-year-old laptops get blamed for being "slow" when the hardware is barely the problem — it's almost always what's silently running underneath.
A student was about to spend $900 on a brand new laptop because hers took 4 minutes to boot and constantly froze mid-assignment, right when deadlines mattered most.
Her older brother, who builds PCs on the side and has fixed dozens of laptops for friends, sat down with her laptop for 8 minutes on a Sunday afternoon.
He didn't reinstall Windows.
Didn't add RAM.
Didn't recommend an SSD upgrade.
Didn't suggest buying anything at all.
He changed 8 settings.
Boot time dropped from 4 minutes to 20 seconds. Chrome stopped eating 90% of her CPU in the background. Word stopped freezing mid-sentence while she typed.
Same laptop. Same specs. Same age. Same everything.
"Your laptop was never actually slow. It was just never cleaned up past the day you bought it — and nobody, not the store, not Microsoft, not tech support, was ever going to tell you the fix was free."
🧵 Here are the 8 settings he changed:
@VishalBhargava5 Useless idea-
Customer advances provide the working capital for construction. This in turn increases the supply as more launches happen. More supply means low inflation. who bears the working capital cost?
@sab_maya_hai__ Math is not mathing up.. at 6L pm post tax salary + 7 Cr net worth if he is not willing to buy a house of 5 cr then likely prob is with his financial planning.
Make 50% down payment (40% of net worth) and take 50% loan which could be repaid in 5-7 years at his income level.
Last year I had a conversation with someone who majored in physics at UChicago. He initially started in math & thought he was prepared having taken AP Calculus BC, but he got smacked in the face by the level of abstraction and proof-writing ability that was assumed.
He couldn't keep up with his classmates who had already done proofs while taking even MORE advanced courses in high school. So he switched to physics where proofs were less frequent & the playing field felt more level in terms of prior knowledge that classmates had coming in.
He would have liked to study math if he had more time to catch up, or if he knew earlier how far behind he was – but he did great in his high school math classes & was recognized as one of the "smart kids," so he never suspected he was actually behind the curve.
Zooming out, this case study is representative of a general phenomenon that can sneak up on you when you’re at, say, the 99th percentile of a skill.
At first, you’re exceptional enough that you receive praise from virtually everyone, and you may never go head-to-head with someone who can beat you.
That is, until you join some specialized program where everyone is at the 99.9th percentile – where, suddenly, you’re the worst one there.
And here’s the real kicker: if it’s a time-sensitive program, you may be so far behind that it’s infeasible to catch up.
If you knew the caliber of these people earlier, you could have spent time working harder to join their ranks in the 99.9th percentile…
but that moment has passed, and now the door is closed on this opportunity.
@money_theory Wrong way to look at that.. the way to look at it- Average income of households buying the homes: about 20 L
Ratio- 4-5x
Pl note this household earning more than 20L is rising every year to create new demand.
@akash_mehta15@VishalBhargava5 Somehow I don’t get it that the definition of Affordable and Luxury do not change for more than 10 years (45L for affordable and 5 Cr for luxury). As if inflation in home prices should always be zero.. luxury price point of 2015 has become a mid income price point now..