Profile picture
Tren Griffin @trengriffin
, 3 tweets, 1 min read Read on Twitter
If you want to teach people something that on its face is boring, you must sometimes lead with Cardi B to lead them to David Swensen. As Charlie Munger says "To make teaching endurable, it has to have enough wiseassery in it.' There is a method to what I write about sometimes.
The one thing Tren can't be and sill reach the people he wants to is boring. Teaching finance is hard.

Charlie Munger: "I've failed in teaching some of my own family members, so I don't have much to recommend [about teaching financial literacy]." gongol.com/research/berks…
There was a moment when writing my book on Charlie Munger I said to myself: "If I am going to get people to read this book, I need to add some finance jokes." So there are ~ ten jokes in the book. Finding the right humor was not easy since "finance jokes" is almost an oxymoron.
Missing some Tweet in this thread?
You can try to force a refresh.

Like this thread? Get email updates or save it to PDF!

Subscribe to Tren Griffin
Profile picture

Get real-time email alerts when new unrolls are available from this author!

This content may be removed anytime!

Twitter may remove this content at anytime, convert it as a PDF, save and print for later use!

Try unrolling a thread yourself!

how to unroll video

1) Follow Thread Reader App on Twitter so you can easily mention us!

2) Go to a Twitter thread (series of Tweets by the same owner) and mention us with a keyword "unroll" @threadreaderapp unroll

You can practice here first or read more on our help page!

More from @trengriffin see all

Profile picture
"According to the survey results, the median pay for full-time writers was $20,300 in 2017, and that number decreased to $6,080 when part-time writers were considered. The latter figure reflects a 42 percent drop since 2009, when the median was $10,500."
In my blog post on writing books I wrote: "6. Don’t expect to earn more than the minimum wage and be thrilled if you earn more." google.com/amp/s/25iq.com…
"In Mémoires (1759), Voltaire recalled how in his youth he had come across so many writers who were “penniless and held in contempt” that “he had decided not to add to their number.” laphamsquarterly.org/luck/voltaires… "Thanks to his fortune he was free to pursue his writerly life."
Read 3 tweets
Profile picture
"Companies can lose a lot of money in their early years but be wonderful businesses if they are acquiring customers with long lives and strong variable margins."

But some businesses just do the losing money part. A critical skill is knowing the difference between the two types.
Customer-based corporate valuation (CBCV) = valuing a business on a "bottoms up" basis by valuing the customers. In a subscription business especially, this is an essential process if you want to understand if real value is being created despite a lack of current GAAP earnings.
"CBCV isn’t about being profitable from day one. It’s about variable profitability in net present value terms (while still being mindful of fixed cost overhead of course!)" Determining whether a specific business is a delicious cheesecake or a turd requires detective work.
Read 6 tweets
Profile picture
“The Fasten Seat Belt sign is now illuminated. If you haven’t already done so, please check your cash and cash equivalent balances. Please lower your burn rate and make sure your defensive investments are in their full upright position.”
“If you find yourself needing an emergency exit from illiquid investments, please read carefully the special instructions card. Cash is more king than ever. If you can’t handle the haircut you are about to experience, please ask someone to do the selling to raise cash for you.”
“We remind you this remains an uncertain and no sympathy correction. No one knows anything for sure as is usual. Crying and whining is prohibited, including in the lavatories. Tampering with, disabling or destroying your brokerage statements is pointless and prohibited by law.”
Read 5 tweets

Related threads

Profile picture
How totalism works #QAnon #QAnons #Qanon8chan #QAnon2018
#TheGreatAwakening #cult #Cult45 #TrumpTrain #Trump2020 #TrumpExpress2020 #MAGA #MAGA2020 The brainwashing methods of isolation engulfment and fear can lead anyone to a cult. I should know, I was in one.
Thread ✔
1/
I began my formal research in 1999, eight years after battling my way out of a secret, so-called #Marxist-#Leninist group whose leader controlled my life in its most intimate details.
2/
He determined what I wore: a version of the advice in John Molloy’s bestseller Dress for Success (1975), featuring tailored blue suits and floppy red silk bowties. More significantly, he decided when I could marry, and whether I might have children.
3/
Read 102 tweets
Profile picture
Every time I hear someone say "caravan" from Latin America, I think of this beautiful painting from John August Swanson:
Of the work, Swanson wrote, "I remembered walking with groups in candlelight for peace in Central America. The symbol of candles shining in
the dark night is powerful to me. Star-filled nights are images that help give me a sense of the place we are in the universe."
And more: "My thought was that this would be a procession of children from every city & town. The children would bring light & peace to the world. They would gather from many places, joining an unending procession towards peace and nonviolence for all children of the world."
Read 6 tweets
Profile picture
#b Excellence is overrated, competence is underrated.
Competence is knowing what to do in a situation and how to do it. It is not the same as excellence.
Excellence is dependent on other people, like judges, examiners, teachers, assessors, inspectors, auditors. But we can't control these people and whether they think we're excellent or not.
Read 12 tweets
Profile picture
You know, what you eat really determines how you feel. How your body acts. Your mood. Everything. Your weight, mental and physical health included. I know. Because I have suffered.
#Thread
4 years ago, I was a normal looking guy. Mjengo was okay. I swam occasionally. Pesa ilikuwa just enough for basic needs and what not. Food was kawaida. I was healthy. Health issues were a rumour. Really. Food and a drink here and there.
Then at some point, I got a good gig. Had a little left over chums. I could tandika beers proper. Or drinks by the bottle. My day was all about, wake up, eat, work, eat sleep. I got home late, tired and hungry. I never had time to cook any more. Eating out became my thing.
Read 24 tweets
Profile picture
#b 'Teknik menjawab' is not a series of rituals that you carry out to secure an A in the exam. You don't get guaranteed an A just through superficial actions like highlighting keywords or drawing meniscus or inserting isi tersirat.
The problem is students and teachers treat teknik menjawab as some sort of pseudo magical ritualistic gestures that will bring a certain outcome. Draw a pentagram, slaughter a chicken, and your wish will be granted.
Some remote Pacific Islanders in 1940s came in contact with Allied and Japanese soldiers who were more technologically advanced and thought the soldiers were gods who had many "cargo" (canned food, electronics, modern stuff)
Read 11 tweets

Trending hashtags

#controlled #Cults #Army #Hitler #EduColor #AssessBetter #reeducation #BelgariadRead #brainwashing #MAGA #media #communication #thought #Buchenwald #attitudes #Cult45 #extremist #TrumpExpress2020 #isolate #learning #NorthKorea #survivors #concentrationcamp #policy #dependency

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just three indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member and get exclusive features!

Premium member ($30.00/year)

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!