The story of the week in the business world is the complete blockage of the Suez Canal by a massive container ship.

Weighing 200,000 metric tons, dislodging the ship is no easy problem to solve.

But while it happened in 2021, the roots of this problem date back to 1937...
A thread on Malcolm McLean, containerization, and how it changed the world...
For more on the current Suez Canal blockage, the history of the Suez Canal, and its impact, check out this great article from the @nytimes. nytimes.com/2021/03/25/wor…
Follow me for more interesting stories demystifying the world of business and finance. You can find all of my threads in the meta-thread below.
And for those who are less Twitter inclined, you can receive my threads (including audio versions!) directly to your inbox. Sign up at the link below. sahilbloom.substack.com

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More from @SahilBloom

28 Mar
Ikigai is a powerful concept for finding purpose and clarity to unlock growth in your career, startup, business, writing, or relationships.

A thread on its meaning and how it can change your life... Image
Ikigai is a combination of the Japanese words “iki” (or “life”) and “gai” (a term to describe value or worth).

It roughly translates to “reason for being.”

It is all-encompassing - it is not simply about work, money, or success - it is about the full scope of your existence.
Ikigai is the point of balance and harmony in your life and work.

It is found at the intersection of:
(1) What you love to do
(2) What you are good at
(3) What the world needs
(4) What you can be paid for

Importantly, it is at the nexus of passion and practicality. Image
Read 11 tweets
20 Mar
To outperform, you need serious competitive advantages.

But contrary to what you have been told, most of them don't require talent.

10 competitive advantages that you can start developing today:
Intellectual Curiosity

Intellectual curiosity is a real-world superpower. We all have it, but most will never embrace it.

For the curious mind, anything is possible.

Fortune favors the curious mind.
Comfort with Discomfort

We are conditioned to avoid discomfort, so most of us do.

The problem?

Discomfort leads to growth. It is an absolute necessity.

If you train yourself to accept and embrace discomfort, you will always have an edge.
Read 14 tweets
17 Mar
Hanlon's Razor is a simple mental model for cutting through negative noise and unlocking growth in your career, startup, business, or relationships.

A short thread on what it is and how it can change your life...
A philosophical "razor" is a principle or rule of thumb used to simplify a decision.

The "razor" quite literally cuts through the unnecessary detail, noise, and information that slows our decision-making processes.

Razors can promote quick, rational, high-quality decisions.
Occam's Razor is the most well-known of the philosophical razors.

It says that when you are weighing alternative hypotheses, the one with the fewest necessary assumptions should be chosen.

In short: simple is beautiful.

I wrote on Occam's Razor below.
Read 15 tweets
14 Mar
First principles thinking is a powerful mental model for driving non-linear outcomes. It also requires a willingness to ask difficult, uncomfortable questions.

Here are a few to help you get started:
What is the problem I am trying to solve?

We often waste time and energy trying to solve the "wrong" problem.

Identify the "right" problem before you start trying to solve it.
What do I know to be true about this problem?

Write down everything you know about the problem (and its previously attempted solutions).
Read 11 tweets
11 Mar
The story of the last few weeks in finance has been the bond market volatility and its impact on equity markets.

A thread on the basics of bonds, yields, and the yield curve to help you make sense of it all...
1/ First, a few quick definitions.

A bond is a loan given to a borrower (usually a company or government) from an investor.

The borrower is said to "issue” a bond, putting it up for sale.

Investors “buy” the bond, providing the loan.
2/ The bond has a "maturity date" on which the borrower must return the remaining principal balance to the investor.

It has a "coupon rate" - the interest rate the borrower has to pay the investor as compensation for taking the risk of loaning money.

High Risk = High Coupon.
Read 21 tweets
7 Mar
Dennis Ritchie is the most influential man you've never heard of.

A thread on the life and legacy of the incredible technology pioneer...
1/ Dennis MacAlistair Ritchie was born to a middle-class family on September 9, 1941, in Bronxville, New York.

His father, Alistair, was a scientist at Bell Labs, the famous American scientific research and development company known for its track record of innovation.
2/ From a young age, it was clear that Dennis Ritchie had an intrinsic aptitude for science and math.

He excelled in his studies.

Upon graduation from Summit High School in 1959, he packed his bags and moved north to attend Harvard University.
Read 20 tweets

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