Jawad Mian Profile picture
2 Jan, 8 tweets, 2 min read
"What important truth do very few people agree with you on?"

My heretical answer to Peter Thiel's favorite interview question. 🔥
1) If you want to be successful, surrender.
2) Before you ask me what I mean by surrender, ask yourself what it means to be successful.
3) How do we surrender?

Short this World and go long the Hereafter.
4) As prophet Jesus said, "Seek first the Kingdom of God, then everything shall be granted to you."
5) Our "work" should be our religion, whatever our occupation may be.

6) The Prophet said, "Do not come to me on the feet of your pedigree, but come to me on the feet of your piety."
7) Be a nobody. Lowliness is victory.

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More from @jsmian

27 Dec 20
1) This year has been difficult for many investors, whether you are a novice or an experienced risk taker.

It would be useful to revisit today's money masters and see how they dealt with gut-wrenching loss.

It always helps renew my ambition. THREAD 👇
2) Paul Tudor Jones lost $10,000 when he was 22, and when he was 25 he lost about $50,000, which was all he had to his name.
3) In 1979, PTJ's fourth year in the business, he lost over 60% of the equity in his clients’ accounts on a single cotton trade that went horribly wrong.

“I am not cut out for this business," he said. "I don’t think I can hack it much longer.”
Read 18 tweets
24 Dec 20
1) Shortly after I graduated from university, I landed a job as a bank teller in Toronto.

It was, surprisingly enough, one of the best things that happened to me.
2) I was shy growing up. I was always the quiet one among friends.

But as a bank teller I was forced to interact with everyone. This helped me break out of my shell.
3) lt was a small neighbourhood branch with a sociable atmosphere.

The branch manager was Italian, the two personal bankers were Indian and Spanish, the financial advisor was Greek, and my two side-kicks at the till were Irish and Canadian.
Read 15 tweets
18 Dec 20
1) Working correctly, the brain represents highest form of “instinctual wisdom,” Alan Watts once said.

But just thinking rigorously or applying more knowledge isn’t what he meant.

2) The brain can only assume its proper function when the mind is in a state of harmony and our consciousness is not trying to control and grasp.
3) When we are completely engaged with what we are doing in the here and now—and instead of calling it work, we realize it is play.
Read 22 tweets
14 Dec 20
1) On a long enough timeline, history repeats.

This much is clear reading Will and Ariel Durant’s The Lessons of History (1968).

As they write, “The past is the present unrolled for understanding.”

Here are some lessons that stuck with me. 👇
2) The first lesson is modesty.

Human history is a brief spot in space. Man is a moment in astronomic time.

Generations of men establish a growing mastery over the earth, but they are destined to become fossils in its soil. Image
3) Life is competition. Even cooperation is a tool and form of competition.

We cooperate in our group—our family, community, party, race, or nation—in order to strengthen our group in its competition with other groups.

The earth will unite only if here is interplanetary war.
Read 21 tweets
5 Dec 20
1) Investing in a bull market is hard enough; hearing it trivialized makes it unnecessarily harder.

In our latest issue, we discuss the far more powerful underlying forces, some outside of common understanding, that are at play.
2) The pandemic is a major displacement that will go down in history as setting new trends and social forces that spark a major bull market and mania.

We are still early in this uptrend.

3) While the world balks at America’s failed response to a coronavirus pandemic, their economic management may yet prove to be superior.

Read 5 tweets
5 Dec 20
1) The ancient Greek philosopher Epictetus said, “Be silent for the most part.”

What did he mean? Allow me to explain.

Thread. 👇
2) On August 29, 1952, the piano virtuoso David Tudor walked onto the stage of the barn-like Maverick Concert Hall on the outskirts of Woodstock in New York.

He sat at the piano, propped up six pages of blank sheet music, closed the keyboard lid, and clicked a stopwatch.
3) Thirty seconds passed.

The audience, a broad cross-section of the city’s classical musical community, waited for something to happen.
Read 24 tweets

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