Some features of Status Driven Societies (as opposed to Wealth Driven Societies)
A compilation of tweets by @kunalb11 which I found very interesting, thought provoking and relevant to read.
THREAD 👇🏼
1. A society that’s focused on status over wealth is likely to be ungrateful to each other as thanking privately or publicly feels lowering of their status.
Jun 28, 2020 • 10 tweets • 3 min read
A thread on some insights and wisdom learned from Paul Graham (@paulg) on building startups, writing and thinking.
1. There are only two things in business that you need to know - make something users love and make more then you spend.
2. The way to create something beautiful is often to make subtle tweaks to something that already exists or to combine existing ideas in a slightly new way.
3. Advice that will improve almost any writing: Cut half the words. Don't write anything you wouldn't say.
Apr 29, 2020 • 18 tweets • 5 min read
THREAD
A thread on some fascinating insights from @wolfejosh co-founder of Lux Capital collected from multiple podcasts.
Link to the podcasts at the end of the thread.
1/ On investment strategy:
The 100-0-100 strategy combining arrogance, humility and ambition
- 100% certain Lux will invest in future tech
-0% idea in what it will be
-100% certain that best investments will emerge from cutting edge of tech if one is curious and passionate
Apr 27, 2020 • 18 tweets • 4 min read
THREAD
A few key notes and many brilliant insights from Howard Marks recent memo "Knowledge Of The Future" which raises important questions for policy makers, government and regulators of financial institutions. (1/n)
@Oaktree
Marks writes on the paradox of Investing.
Investing is the act of positioning capital so as to profit from future developments. There is no such thing as future developments. (2/n)
