Takeaways from Trifecta of Reality with @sid_warrier, @VarunMayya and @prvkhvr:

1) Content without context "feels" good but has no real benefit to neither the creator nor the consumer. This is where features like reels lobotomise educational/intellectual creators.
2) Platforms can loosely be split into content-focused, like Youtube, where the dopamine comes from the content, or the scroll-focussed, like Instagram, where dopamine comes from swiping through the feed of content variety.
3) Conveying intellectual content in an entertaining way is the mark of a genius mind, something that @thetanmay does wonderfully. It appeals to the masses and gets people funnelled through for the "smarter" content.
4) Privacy of data is far more nuanced than what people outrage about on social media. It feels like it's good for the users, but it ultimately dramatically reduces the ability to run effective ads on these platforms which circles back and affects consumers at some point.
5) Bitcoin is decentralised by "intent" but centralized in "reality". It merely functions as a way to shift the locus of power. History has proved that if you let people free, without regulations, calamity will always occur, since human decision making is asymmetrical.
6) In real life, there are no SILVER bullets, no ONE MAGICAL THING that can cure all of lives problems. Things work in context and nuance, and absolute solutions are almost always "scam-ish".
7) The more money you have to start with, the easier it is to make money. Risk-taking is always easier when you have the capacity to take a hit, without losing it all and going to zero.
Book recommendation by @prvkhvr :
The Case against Reality by @donalddhoffman
8) The only way to eliminate all negative behaviours of human beings is to have a system where everyone is always is tracked and observed. It's what the "religion story" has been trying to achieve throughout the years, by saying "God is watching you".
9) "Hype" is the shortcut to building a habit that you want to. If you want to start working out, expose yourself to evidence that makes working out super cool and awesome. Before you know it, it'll become a habit.
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More from @raunak246

19 May
Top aphorisms from Bed of Procrustes, by @nntaleb
(Part 2/2):

13) The fool generalizes the particular, the nerd particularizes the general, some do both, and the wise do neither.
14) Mental clarity is the child of courage, not the other way around.
15) Your silence is only informational if you can speak skillfully.
Read 12 tweets
18 May
Just completed reading Bed of Procrustes, by @nntaleb.
Here are my most thought-provoking aphorisms from the entire collection:
(Part 1/2)

1) The test of originality of an idea is not the absence of one single predecessor, but the presence of multiple but incompatible ones.
2) Your brain is the most intelligent when you don't instruct it what to do -something people who take showers discover on occasion.
3) Procrastination is the soul rebelling against entrapment.
(@prvkhvr something you were talking about yesterday)
Read 13 tweets
1 May
Top takeaways from the podcast with @Ishan739 and @warikoo :

1) Timing to start entrepreneurship is not nearly as important as intent. If you start it for the wrong reasons, any time is "too early".
2) The value proposition of college is first and foremost signalling, indication of value to help companies make hiring decisions. Replacing college will require a new form of signalling, combined with a more efficient learning system.
3) Compounding follows a exponential curve of returns, and only the ones how make piece with the pennies initially, will get to make millions as the returns do the magic. Patience is key.
Read 4 tweets
28 Apr
Notes from the podcast with @sid_warrier and @devduttmyth :

1) Specificity is a double-edged sword for a content creator. You have to share enough details, but not so much that it becomes unrelatable or un-understandable for the mass public.
2) Consuming "feel good" content that does not have any actionable value, is like "empty calories". You start consuming for the sake of consumption, rather than for the purpose of learning/growth.
3) All philosophies, Buddha, Gita, Vedas, etc have a consensus of hunger being the cause of suffering. It's the desire to pursue something that makes something worth pursuing, not the other way around.
Read 14 tweets
27 Apr
Notes from the podcast with @BeerBicepsGuy and @garyvee :

1) The game is won not by people who make correct predictions of the future, but by the ones who act correctly once the future arrives. Execution and pattern recognition are key skills.
2) Pleasure hides things under the mirage, while painful scenarios like COVID exposes our insecurities, weaknesses and shortcomings by bringing them out into the open.
3) NFTs are today, what Facebook, YouTube and Twitter were in the early 2000s. Anything that has the potential to create social currency ends up being consumed by the masses since we all consume media to create a digital identity for ourselves.
Read 5 tweets
14 Mar
Notes from the fireside on #TheMakersSummit2021 with @VarunRamamurthy @rajeshjain and Adarsh Nair:

1) Build "profi-cons", not unicorns, since bootstrapped companies being scaled with a promoter's money and yet being profitable are a rare sight.
2) Monetization takes a different route based on the nature of the market. In the west, markets are deeper and single products are scalable, while n the east, you scale your user with bundled products, and then build from there.
3) Platforms are very valuable but very hard to build. most people believe they are building platforms and marketplaces, but what they are actually building is a product.
Read 8 tweets

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