As time progresses, I will be dedicating more of my time studying the past and more of the things that are poised to change the future.

My plug for the past is @rootsofprogress and I need more

My plug for the future is @chamath , @wolfejosh @elonmusk and more.
The goal is to understand this technology and find a way to be part of the journey.

Of course, I will have to do this one at a time. Few things are on hand now.

Why can be done for now is to keep reading and saying updated.
One of the major struggles of man over the years have been how to efficiently transport him self across space and time.

This struggle has given birth to a lot of technologies and we are at the intersection of a new definition of human transportation now.
From legs to horses 🐎, train to fuel powered motors, airplanes to rockets and an endless sci fi of teleportation.

We are at this moment at a new crossroad. Boring company of Elon Musk, Tesla leading electric vehicle, Zoox building its own form.

We are creating a new definition
Money is another.

Throughout the development of human civilization, how to transfer value between each other has led to a lot of innovation.

Little wonder that the money industry are usually the first to adopt a new kind of technology and get disrupted.
From the Stones of the Yap Island to the discovery of Gold as a precious stone and from the development of fiat backed by gold to fiat backed by promises, we’ve shaped our society with different technologies that allowed us to transfer value.

We on a new frontier.
The internet demands that a new infrastructure be created for a more efficient transfer of value among us.

One will be naive to think the status quo will remain. It won’t.

The question is what are the technologies that will shape the new progress?
Health come next

Evolutionary biology would have is believe that humans emerged the dominant being on earth simply by natural selection; the survival of the fittest.

Ever since human is, we’ve never left our health to nature. That’s has propelled us to build technologies
that shaped who we are today as a people.

But what are the technologies that will shape the future?

Genetics mutations?
DNA sequencing?
Would we cause death?
Will we make man immortal?
Will we need Elon’s brain implant or we will find alternatives?

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More from @DavidAlade__

20 Jan
”As their acceptance increases, their reliability tends to diminish”

This is one of the greatest ironies of the stock market and it permeates all spheres of life. Image
When theories are about to be formed we resort to data from the past. Upon examining this data, we tend to draw our explanation of the past.

Once this explanation of the past is generalized enough to form a theory that can guide the future and becomes generally accepted,
its reliability starts to decline.

I found this mystery in the stock market.

Here's why it happens that way:

Price is a conveyor of information, many times you don't need to know what has happened to an asset all you need to do is see what the price is saying.
Read 9 tweets
10 Jan
There's a concept in the world of Investing called "infinite returns". That's what I am making in one of my #Bitcoin accounts.

Infinite returns is achieved when you no longer have any money invested in something but you still own it.

Here's how I did it:
When #Bitcoin was 33k I bought some with idle cash on hand.

I allowed it to ride to 41k, a 24% upside and then sold a part of it.

The part of it that I sold is just an amount big enough to cover my initial investment. Sold that and left the 24% return invested.
Let me put some numbers to it for easier understanding.

Imagine I invested $1,000. Made 24% return on the $1,000 bringing my wallet balance to $1,240.

I sold just $1,000 out of that balance and I'm left with $240 invested in Bitcoin.
Read 8 tweets
7 Dec 20
Every creator should be aware of the phenomenon of scalable and none scalable career.

The top 1% win massively and becomes allure for others.

The bottom 90% just exist to keep the vibe going.

The 9% between? They may sell courses.

--you choose
Btw, selling courses isn't bad.
None-scalable*

That's the scenario for a scalable career.
Read 8 tweets
6 Dec 20
I want to be rich enough to do Angel Investing as @chamath does it.

At that very early stage of a company, it's very difficult to tell which one will win and which will not. In fact, a lot pivot of the startups pivots to doing something else different from what you invested in.
From a recent conversation with @villageglobal Podcast, @chamath said he doesn't spend much time deciding whether to invest in an early-stage startup.

If he meets you and sort of like what you are doing, he invests ”immediately.” Because what those startups are asking for
Is almost always less than $2m. In the scheme of things that too small for someone with a portfolio in billion dollars who have invested like $750m YTD.

But beyond the fact that it's small relative to what he controls is the idea of the power law.
Read 7 tweets
5 Oct 20
Understanding the LAPO business model and financing structure.

It may be a model worthwhile for other ventures.

cc: @asemota
2. LAPO isn't tech freak but largely driven by a community model
Read 39 tweets
4 Oct 20
“People ignore sponsored tweets. People skip Youtube ads. People don’t notice Google ads. Like with viruses, we grew resistant. The new marketing is based on trust. And it takes years to build trust.”

—Orange Book
This travelled so fast...

Among other things that I do, I write a newsletter called @MindWBoundary. The goal is to help everyone build a mind that can help them navigate the world masterfully.

You can subscribe here davidalade.substack.com
I think the idea behind the tweet above is not to say it doesn’t work.

Rather it’s to say people will do anything to avoid it. More so because many ads aren’t relevant to you.

That I check the price of a phone for instance doesn’t mean I want to buy the phone
Read 5 tweets

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