Thread by @ahboyash

Found this gem of an article written by @santiagoroel in 2019 about frameworks for investing.

"The best investors tend to delay jumping to conclusions for as long as possible, and instead are continuously processing new information to test their theories."

"Investors listen more than talk, using the Investing Ability Framework (I = L/T) where L = time spent listening and T = time spent talking."

"Ideally the "I" should not be too high (talking more than listening), but not too low either (not asking enough questions)."

What I took away from this:
- Maxis lose out on opportunities as they are only fixated on what they think is the be all end all
- Constantly question your beliefs in projects (avoid locking yourself in an echo chamber)
- Don't be married to your portfolio (musical chairs strat)

The more you listen, the easier it is to spot what games each project is playing.

Are they playing a finite game (in for a quick buck with no regards about building for the future) or an infinite game (these are teams that want to build a better financial ecosystem)

(good book)

The current bear market is a good way to listen out for projects that are in it for the long haul. Look at token metrics and fundamentals that will show how well a project is doing:
- Active users growth
- Transaction volume growth
- Yields to token holders
- Total value locked

Before the May 19 crash, it was easy to pick any project and make significant gains from it because of the up only narrative

Bear markets are where life changing returns are made

Research, listen, and talk to others to gain information to build a solid case for your projects

Read the full article here:

obviously.substack.com/p/a-non-obviou…

Huge thanks to @n2ckchong as through his account I managed to find @santiagoroel and his wonderfully written articles.