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Sahil Bloom Profile picture
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9 Dec, 22 tweets, 8 min read
What is the single WORST piece of advice you ever received?

I asked my audience and got 3,000+ responses in 24 hours.

Here are my 20 favorites (so bad they are good):
Dark humor from @amandaknox
Horrible advice given to then @Reddit CEO @Alexisohanian
Comedian @chrisrock spitting facts on cliches we tell our children (via @Morganhousel)
Debunking an old cliche from @jhuber
You should just be realistic…
5 gems from @warikoo
Lessons on not hiding from risk from @Melt_Dem
The “whole life ahead of you” farce from @salesetup.
You have to go to college (and not drop out!) to have a successful life.
Pure comedic gold from everyone’s favorite samosa king @ParikPatelCFA
College will definitely pay for itself!
Serious financial education (but not investment advice) from @BillyM2k
“Just be yourself”
Work at your weaknesses
Investing is gambling (applies to stocks, crypto, etc.)
Some things cannot be bought
You better hope that talent doesn’t work hard!
The hard work fallacy.
The insanity of savings accounts…
Selling $TSLA stock to pay for education…
There was so many more gems than could be included here. Check out the full thread below.

Follow me @SahilBloom for more interesting stuff!

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More from @SahilBloom

Sahil Bloom Profile picture
11 Dec
10 common mental errors that derail decision-making:
Survivorship Bias

History is written by the victors.

But in studying and learning from "survivors”—and systematically ignoring "casualties”—we create material distortions in our conclusions.

We overestimate the odds of success because we only read about the successes!
Naïve Realism

Humans generally think very highly of themselves.

We tend to believe that we see the world with perfect objectivity.

We also assume that people who disagree with us must be ignorant, uninformed, or biased.

This error sits at the core of many societal problems.
Read 13 tweets
Sahil Bloom Profile picture
10 Dec
Hey @espn, I’d like to buy and reimagine the X Games.

Here’s my plan (RT if you’re interested): Image
The X Games are an annual extreme sports event organized, produced, and distributed by ESPN.

The first X Games took place in 1995 in Rhode Island.

For many years—including most of my childhood—the X Games were an incredible spectacle.

But now is the time for a refresh…
The X Games is being held back from achieving its full potential as Disney and ESPN prioritize other areas of the business.

The athletes—and the passionate community of fans—have not been able to participate in the immense value that the X Games can create.

So how do we fix it?
Read 19 tweets
Sahil Bloom Profile picture
9 Dec
I’m fascinated by how founders generate business ideas.

I think I’ll start hosting a regular conversation where I dive deep with 1-2 successful founders on the idea generation process that led to their startup.

Who’s interested?
What would be the best format for the discussions?
Idea would be to keep it short (<30 minutes) and extremely tactical.

How did you come up with the idea?

What daily actions lead to business ideas?

How did you diligence your idea?

Etc.
Read 4 tweets
Sahil Bloom Profile picture
9 Dec
Where It Happens just broke into the top-20 technology podcasts on the Apple charts.

@a16z promised they’d make me a partner if we pass them by next week. Help us by following and leaving a review!

Oh, and tomorrow’s episode is fire… Image
podcasts.apple.com/us/podcast/whe…
Ok, fine…the @a16z thing was a joke.

But seriously, seems like a fair trade.

@sriramk hit me up!
Read 4 tweets
Sahil Bloom Profile picture
8 Dec
What is the single worst piece of advice you ever received?
I’ll go first: Be realistic.
Even worse: Definitely don’t follow @SahilBloom on Twitter.
Read 5 tweets
Sahil Bloom Profile picture
7 Dec
The Lindy Effect is a useful framework for evaluating the durability and life expectancy of a technology or idea.

Here's a very simple breakdown:
1/ Let's start with a definition.

The Lindy Effect is a theory that the future life expectancy of specific non-perishable items—like a technology or idea—is proportional to their age.

Simply, the longer it has already lasted, the higher the likelihood it will continue to last.
2/ The term "Lindy Effect" is a reference to Lindy’s—a New York deli frequented by comedians in the 1960s.

While author Albert Goldman used the term "Lindy's Law" in a 1964 article, it was mathematician Benoit Mandlebrot who shifted the dialogue towards the current definition.
Read 11 tweets

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