A decade ends. A new decade begins.

Some learnings and insights at the intersection of Life, Health, and Wealth.

#Thread 🧵 👇🏼

1) “Be Water, My Friend.”

2) Success stories start with failure.
3) Consistency creates luck. *Designing life for luck* is Art. Great Success = Some Talent + A Lot Of Luck*. Let the natural order of things emerge. Understand the language of the Universe. Align with it. Self Discipline carries you further than luck.
4) Wealth is not about money, but about options. Getting wealthier is a choice. Freedom is the biggest wealth. Everything else is just a means to get that freedom. Changing your belief system and expanding your vision takes courage.
5) Information ≠ Intelligence. The Age of Information has not yet become the Age of Understanding.”

6) If you are growing, you are losing friends. Friends are relative to where you are in your life. To predict your future, check how you spend your time.
7) Being able to silence your mind is a superpower.

8) There are only three currencies in the world: Status, Time, and Money. Winning is buying back all your TIME. Wasted time is worse than wasted money.
9) Being Successful > Being Right. You do not want to win an argument. You want to WIN.

10) The game ‘you're watching’ is not the game ‘being played’.

11) Think in Decades, Not Days. Playing an Infinite game requires moves that don't map to traditional measures of productivity
12) Experience is nothing but an elegant ten letter word for “What Not To Do”.

13) Outsized returns require divergent thinking and action.

14) Your energy introduces you before you speak.
15) Good communication skills signal intelligence. The smarter you become, the more curious and less judgmental you are. Your questions reveal your values. Silence gives answers.

16) The less you know, the more you speak. The more you know, the less you speak.
17) The right person in the wrong place feels like the wrong person.

18) Realization not followed by action is a waste of emotions.

19) The road to success is always under construction.

20) To change everything, change yourself.
21) Manage for energy. Stop spending time with people who reduce your energy. Start spending time with people who amplify your energy.

22) The most powerful networks in the world are hidden. Small circle. Big network.

23) Being kind to others is the highest level of wisdom
24) Be a doer, not just a thinker. Prolonged Inaction wipes out Ambition.

25) Real attract real. Fake attract fake.

26) To learn, read. To understand, write. To master, teach.

27) You'll stop complaining about the game when you start to play it better.
28) Accountability is everything. People who make the most money make the least excuses.

29) Compounding powers the world - Relationships, Knowledge, Health, Investments - Success is the result of your daily actions.
30) Your reputation means everything. Don’t believe it when people say ‘it doesn’t matter what people think of you’.

31) Victory is a thousand times sweeter when you're the underdog. Play the underdog. Let people underestimate you.
32) Quitting and correcting course is not the same. A reassessment of tactics does not mean failure.

33) Knowing when to listen and when to speak is a mark of intelligence.

34) Honesty and transparency is a long-term strategy. As dishonesty, cannot be hidden indefinitely.
35) Step out of the frame. You cannot see the picture if you are in the frame.

36) Don’t take yourself too seriously. When things don’t add up, start subtracting.

37) Run your own race. Focus on the internal scorecard. Comparison is the thief of joy.
38) Drink from the Fountainhead. Learn from the original source.

39) Always participate in important decisions. If you’re not at the table, you’re on the menu.

40) Make mistakes, but don’t repeat them. A mistake repeated is not a mistake, it is a choice.
41) Always keep your word. This is very important. Your honor and words matter. No one likes a rich liar.

42) You can have a degree and still be stupid.
43) Try to accept hard truths a little faster than other people do. It is a great advantage.

44) The wise do not sleep with crowns on their heads.

45) You will never be criticized by someone who is doing better than you.
46) Pretend to lose. Note the supporters who left and the ones who stayed back.

47) Decisions create destinies. To stop overthinking, take action.

48) Writing = Thinking. Writing more often is the secret of mental clarity.
49) Surround yourself with people who remind you of the future, not the past.

50) Set goals that far exceed your current capabilities.

51) Commit to the process. Results take care of themselves.

52) Never compare chapter 3 of your story with chapter 30 of someone.
53) Manage Health. Your body is the only one you’ll have for life. Drink more water. Exercise. Get plenty of sleep. Sleep is really important for physical and mental health.

54) There’s no such thing as too late or too old.
55) The little things are the big things. Helping people is the best business plan.

56) “If it doesn’t open, it’s not your door”

57) It takes a lot of time to grow fast. The hardest part is the beginning.
58) Many ways to build a business: Dig a well; Climb a mountain; Plant a forest. Build a business that frees time, not the one that enslaves you.

59) You can try to plan all you want, but it’s the unplanned events that make life spectacular.
60) “Before enlightenment chop wood and carry water. After enlightenment, chop wood and carry water.”

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More from @Gaurav1105

13 Dec
1/n: In the new decade, the fin-services sector will look beyond the current open banking ‘phase’ and towards a future of fintech enabled marketplaces and complete financial automation, where the traditional banking model is turned on its head and requires a dramatic rethink,
2/n: emphasizing:
1) Experience over Products;
2) Data over Assets;
3) Partnering over the build or buy;
4) Shared access over ownership.
3/n: FinTechs are now increasingly global, and threatening traditional banks by ushering in product-stack changes- from ‘un-bundling to re-bundling’, from ‘mono-line to multi-line’.
Read 12 tweets
14 Feb
Technology is reshaping the operating-model of financial institutions fundamentally. Some thoughts:

1/ Banking & credit are the lifeblood of capitalism, and Credit and Debt play a big role in driving demand and economic growth.
2/ The line between deposits and lending is becoming blurred as cash-flow is delivered “as a service”. Non-traditional data makes it possible to create new products and serve new customer categories and markets.
3/ Deposit accounts are no longer the locus of control for customers as the center of the retail customer experience shifts to financial-management platforms, reducing interaction points between large banks and customers.
Read 10 tweets
1 Jan
Some learnings at the intersection of banking, credit, & tech.

1) Banking & credit are the lifeblood of capitalism.

2) The most conservative lender is only one severe credit cycle away from failure.

3) Banks fail, Sovereigns default. Hundreds of banks fail every 10+ years.
4) Be wary of banks that obsess overgrowth. Growth at an exceptional rate is a red flag in banking.

5) Government (Fiat) money ≠ Sound money.

6) Human civilization flourishes in times and places where sound money is widely adopted.

7) Bitcoin is a monetary system.
8) Lending is simple but it’s not easy – it’s a business.

9) Credit is older than money & Fintech.

10) The only way banks get in trouble is because of their bad loans.

11) The only good loan is the one that gets paid back.
Read 9 tweets
1 Sep 19
I've been studying China 🇨🇳 for almost a decade now.
Fascinated by its ancient history, cultural transformation, hi-tech prowess, neo-capitalism, wealth creation, debt crisis, & global domination.

Here're some good documentaries👇🏼that explain China's past, present, and future
1) New Money: The Greatest Wealth Creation Event in History (2019)


2) The People's Republic of The Future


3) Too Big For China | Startups - Full Documentary 2018
4) China A Century of Revolution 1976 1994


5) History of Hong Kong - From British Colony to SAR of China


6) China Does Capitalism Better Than America
Read 7 tweets
4 Aug 19
1/n: “Everything gains or loses from volatility. Fragility is what loses from volatility and uncertainty.”

Had 4-5 uninterrupted flight hours this Friday. Re-read #Antifragile by @nntaleb. So here’re some nuggets/quotes/insights from one of my favorite books. #TweetThread 👇🏼
2: Some things seem to improve if they are placed in environments of volatility and unpredictability. ‘Antifragile’ analyzes why this is the case. It suggests that this quality has been vital for the progress of human civilization since ancient times.
3: Taleb describes that something is antifragile when it gets better with chaos, disorder, and time whereas anything fragile hates volatility.

Nature is the ultimate example of something antifragile as it can adapt and gets stronger with difficult times.
Read 48 tweets
21 Jul 19
1) Re-read ‘the lessons of history’ by Will and Ariel Durant. Some insights/quotes/extracts below

Our knowledge of any past event is incomplete. Most history is guessing and the rest is prejudice. Other sciences tell us how we might behave. History tells us how we have behaved.
2) History is the map of human character. To know how the man will act you must know how man has acted. The laws of biology are the fundamental lessons of history. Human nature has largely been unchanged throughout history – the means change, but the motives remain the same.
3) The individual instincts were hardwired into us by evolution. They are millions of years old. The social instincts are much younger and were learned over the last 70,000 years. Inequality among humans is inherent in the unequal distribution of inborn ability.
Read 35 tweets

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