Tar ⚡ Profile picture
Jan 1, 2022 49 tweets 12 min read Read on X
Its the weekend!

Grab a cup of coffee, in this thread I will answer the most frequent question I get asked here on Twitter

How do you make time?

My principles, productivity hacks and cheats 🧵👇

Lets dive right in!
Time to me is the most valuable commodity of all, more important than money itself. Image
Most people in the world pay a lot of importance to money 💵, and not half as much as to their time ⏰
If you switch that concept on its head, and start paying time as much importance (if not more) than money,

not only you will have more money in your life (as you would be utilizing your time well)

but also more time to enjoy your wealth.
Here are a few productivity hacks I use to manage my limited time on this spaceship called Earth 🌏
Principle # 1

Figure Out What Your Time Is Worth Image
Each of us does something to earn a living

You may have a job that pays you to show up at work for 5 days a week or you maybe running a business or freelancing on the internet

Bottom line, everyone gets paid to do something. Image
As such, you can estimate how much your time is really worth today

The way to calculate this is

Main Income / No of Hours put in Each Month to Earn That Income Image
This will give you a per hour estimate worth of your time

Lets assume it is Rs 1000/hour
I proactively make a choice everyday to outsource all my work that can be outsourced below that Rs 1000/hour threshold

This includes

- All Household Chores
- Getting Groceries
- Doing Laundry

All chores like the above, that do not add value to my life but still need to be done
With the time you save by outsourcing the grunt work in your life, use it to increase the worth of your time.
How do you increase the worth of your time?

1. By upskilling yourself
2. Starting that side hustle idea you had in college

Or

3. Simply by doing things that make you happy
Principle # 2

Build a Routine
Habits are over rated and routines are under rated.

Without a routine you cannot turn something into a habit.

Routines also help you glide through the grunt work required to transform an activity into a daily habit. Image
Want to upskill yourself with data visualization skills so that you can impress your boss and get that promotion?

Plan a routine around it Image
It can be as simple as doing 30 mins of an online class on the skill of your choice before you head to work each day.
The more times you do it, the better you will become at it and soon it will turn into a habit - where your mind automatically actions upon it without you putting in the added willpower.
To transform Routines into Habit, use the Habit Loop Image
An example of this is my habit of writing threads 🧵

I started writing threads on Twitter (in late May'21) every Saturday morning with my cup of coffee ☕

Soon that turned into a routine and now a weekly habit

Reward has been almost 50K followers in about 6 months
Principle # 3

Find your Time Sink Image
Time Sinking activities are those that do not add much value to your life but suck away majority of time from your day

Endlessly scrolling through Social Media - yeah, that's a Time Sink we are all guilty of.
Your attention and time is what you're literally paying with when it comes to apps like Instagram and TikTok

All apps today, run on an algorithm designed to deliver you the most attention seeking content so you spend more time on the app and in turn help make more AD money
Don't let yourself be controlled by an algorithm
Find your Time Sink and work towards limiting (if not completely removing) it from your life.

If your Time Sink is Social Media -> Block all Notifications on your Phone

If your Time Sink is household chores -> Outsource everything below what your time is worth

and so on.
Principle # 4

Be Productively Un-Productive
So you like binge watching shows but also want to be productive?

Well you can!
Combine your un productive habits with your productive ones

Like researching companies but also like watching YouTube?

Combine the two!
Instead of binge watching the next famous reality TV series

you can binge watch educational YouTube channels on any topic of your choice - Space, Energy, Semiconductors, Geopolitics etc.
You're still unproductive and binging on Internet Content, but Hey! at least you're learning something while doing it!
Want to learn a new language?
Binge Watch a TV show/movie in that language

Want to learn a new skill?
Binge Watch content on that skill Image
I wrote about how to trick YouTube algorithm into learning something new in this thread 🧵

Principle # 5

Combine your Unproductive Tasks Image
Multitask when it comes to unproductive chores of your life and not with the productive ones Image
Multitasking is often a word associated with jobs/office work & not with unproductive chores in your daily life.

I exclusively multi task when it comes to unproductive elements in my life and rarely multi task when it comes to productive parts and things that actually matter.
For example, I like keeping myself up to date with what's happening around the world Image
To do this, I can either

a) Read the newspaper
b) Go through a news app
c) Listen to the News on TV
d) Listen to audio only news while showering
As you may have guessed by now, I choose option D - Listen to audio only news while showering

Its quick, its easy to do, keeps me away from spending hours figuring out what to consume and what to filter

and it combines itself with an unproductive chore in my life - Showering! Image
Figure out unproductive parts in your day and try combining them with productive ones

You will not only get more done in a day but also have fun while doing it.
Principle # 6

Highlight of the Day Image
Instead of making a to do list filled with 20 different things, have a single main task for a day and focus on it

I call this Highlight of the Day
Focusing on doing one main task in a day is much easier and achievable
Trying to do 20 different things will just create stress and may keep you from completing that main task of the day
Focusing one imp task a day instead brings consistency and helps make incremental progress towards achieving your goals
Most people overestimate what they can do in a single day and underestimate what they can achieve by being consistent in a single year.
So those were my six principles and productivity hacks that help me make time and achieve my goals. Image
Two Books I highly recommend reading on this subject

Make Time by Jake Knapp
Atomic Habits by James Clear ImageImage
If you find this thread useful then follow me @itsTarH

I write a new thread every weekend.

All my previous work, can be found here.
Also, write and publish long from articles on my substack investkaroindia.substack.com

Subscribe for free, if you're interested and join 10,000+ subscribers who get insights into various Indian and Global companies every 2 weeks.
Thank you for reading, please retweet the first tweet in this thread for a broader reach.

See you all next weekend!

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More from @itsTarH

Aug 18
PC Jewellers is in talk of FinTown, so lets break down why its actually up⤵️

You will learn about 'One Time Settlements', imp of reading corporate announcements & why corporate governance is of extreme importance in companies

Screenshots from thewrap.investkaroindia.inImage
Lets talk about 'One Time Settlements' (OTS) first

OTS are tools used by banks to settle large amounts of debt that would otherwise be non-recoverable as the borrowing party would become bankrupt

As part of Vivadh se Vishwas scheme Ministry of Finance directed all PSBs to ramp up OTSImage
As a result there has been an increase of one time settlement announcements lately with PC Jewellers taking the lead

Other companies that have opted for OTS are A2Z Infra, Rajshree Sugars, Orient Green Power, Sea TV, Shah Metacorp, Punjab communications and many more Image
Read 14 tweets
Jun 10, 2023
1/ It's the weekend!

Grab a cup of coffee. In this thread, I will explain:

1. What is Behavioral Finance?
2. What are biases and how do they impact 99% of investors?
3. What are different types of biases and how to overcome them?

Let's dive right in. Image
2/ Behavioral finance is a field that studies how psychological, human biases and emotions influence financial and investment decision-making. Image
3/ Humans by nature are driven by emotions and are a irrational species.

This irrationality seeps through in investing, finance and global capital markets.
Read 39 tweets
Jun 3, 2023
1/ It's the weekend!

Grab a cup of coffee. In this thread, I will explain:

1. What is cost of capital and WACC?
2. How does a company's capital structure impact its valuations?
3. How to code WACC as a field in screener?

Let's dive right in. Image
2/ Before we start to explore cost of capital, we first need to understand what is meant by capital structure of a company. Image
3/ Any business at a very simplified level, works in three steps

Step 1: Raise funds from various types of investors
Step 2: Use those funds to build projects that generate higher returns
Step 3: Deliver excess returns back to investors Image
Read 38 tweets
Mar 15, 2023
US Fed's new Emergency Stabilization Plan

1⃣ Provide loans to banks
2⃣ Value US Treasuries held by banks at par for collateral, even if they are currently not valued at par
3⃣ Inject USD 25B into banking system

They are calling it BTLP

Its essentially QE with a different label
It took Fed ~2 years to sell $600B and only a few days to reverse 50% of that

Just last week alone Fed bought $300B worth of assets

Current size of Fed Balance Sheet ~8.5Trillion USD Image
This is the MOVE index, its volatility index for Bonds, similar to what VIX is for equities

The only time when MOVE was higher than current levels, was in 2008 Image
Read 4 tweets
Mar 1, 2023
Why you should not be wasting your time with microcaps (less than 500cr market cap)

A data driven analysis 🧵👇
As of last week, there are ~4250 listed companies in 🇮🇳 stock market representing about ~3.23T USD

Of these 4250, about ~49% (2069) are below 100cr market cap and further about ~21% (900) are between 100cr to 500cr market cap

Effectively ~70% of listed universe is below 500cr
The rest 30% (1281) of listed companies are above 500cr market cap.

Here too we can refined it further.
Read 14 tweets
Jan 30, 2023
#AartiPharmaLabs lists today, here are some slides from my presentation at @ias_summit to help you understand the business ⤵️

The current share price is expensive, I wouldn't be a buyer at this price 🛑

D: Not an investment recommendation ImageImageImageImage
@ias_summit At 315/share, the market is implying a market cap of ~2850.75cr to the company or a PE multiple of ~18x TTM earnings
@ias_summit Since, the implied valuation is towards a premium & there are large institutional holdings in Aarti Industries, expect decent amount of selling in next few weeks

On the other hand, I also believe promoters will raise stake so need to monitor this for sometime before entering
Read 10 tweets

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