Those who can communicate their thoughts clearly and precisely will forever have an unfair advantage over those who can't.

And it doesn't matter who is better at something, those who can communicate in words and in writing will always find it easier.
I'm sorry if it's unfair, but that the way of the world. The storyteller always win.
Everytime you say something in words or in writing, you are telling the world who you are.

Social media amplifies that.
A good communication skill and a dilligent work are two forces of nature that are unstoppable and would ultimately bring you before Kings.
And don't be small-minded. Communication skill has ramifications.

You are an employee, you need it to convince your employer. You are an employer you need it to attract the best talent.
You have a side hustle you need it to convince your customer. You are a customer, you need it to get the best deal.
You are a founder, you need it to convince investors, early employees, customers, regulators and more. Whatever you are, you need it.
You can neglect it though if you don't mind settling on whatever comes your way. But if you want to fight for what is yours and not just what's handed over to you, you have to develop this skill.
I have a newsletter that I send out to curious and intelligent people every week.

I send them the best of what wrote in the week the best of what I read from others.

Subscribe here davidalade.substack.com

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More from @DavidAlade__

23 Jan
Since 5 days ago when I tweeted this, things have moved and I'm glad to announce to you all that you can now submit your articles to the email below.

As noted earlier, only articles on personal finance will be accepted for now.

email: write@davidalade.com
Your experience, thoughts and observations on money, finance, investing, stocks and the likes are welcome.

The guiding principle is UTILITY. That is, anything you write must be useful to the reader. It should spur them to do something. Either to act, change their mind,
start doing something, stop some others and the likes.
Read 8 tweets
20 Jan
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.
Read 10 tweets
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

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