Naval for kids. 2 years ago my nephew and I had conversation on important ideas from @naval
Turned his ideas suitable for a 11 year old conversation. Back then he forbade me sharing the project on any social media. He changed his mind last week, sharing this now. How to find your game ?

How to fix bugs in your brain to make better decisions ?

Also known as bias they come in the way of good decisions

Thread 🧵👇 Confirmation Bias

You interpret what you observe in a way that confirms existing beliefs

Fix
•Get multiple peoples inputs.
•Be open to disagreements.
•Ask what led you to current beliefs ?

@morganhousel is one of the finest finance thinker & writer of our times. His ideas are like a magic wand for designing a good life. Every kid should know them early. He writes for kid level understanding already, I had fun doing my ELI11 version of his ideas World is gaze oriented, not goal oriented

(1/n) Most twitter list of greats on a topic consists of only men. Now that can't be true. Decided to make a list 'Women In Twitter' that I learn from the most. Thread below on my interest topics - principles, living, writing, capital, investing, marketing, startups, business. (2/n) @Post_Market is one of the best in analyzing startup investments and public markets. Her horizon of thinking brings such fresh perspective that it is joy to watch so many of the market changes through her tweets.

https://twitter.com/Post_Market/status/1256378853888581642

https://twitter.com/Post_Market/status/1280852287070617600

@maruthisandeep from @almabase and I co-wrote a book available at SesaMint.com for those new to SaaS and looking to get into sales roles.

https://twitter.com/maruthisandeep/status/1263589921857531906

Some learnings (1/8) Cloud is only half reason for the SaaS boom of last decade. Buying behavior changes are not well appreciated. @girishm says it well, Rise of SaaS is due to software purchase going from selling to assisted buying (2/8)

Fourth & final part of Taleb for Kids.

Skin in the game is the compass to make life antifragile (1/16) Antifragile is what becomes stronger in a world blind to future (2/16)

https://twitter.com/mtrajan/status/1254049961517277185

Taleb for kids - On Surviving and Thriving

#TalebForKids #Antifragility #SurvivingAndThriving (1/23) If fooled by randomness and impacted by black swan

How to survive and thrive in a world I can’t see

#TalebForKids #Antifragility #SurvivingAndThriving (2/23)

@nntaleb ideas are important for us & future generations. Yet his ideas are not easy to understand. Not for kids. They are summarized on the internet, but in no place are they translated for a 11 year old.

Created below pics for my nephew

Taleb for kids - Randomness (1/11) Don’t drive life forward looking into rear view mirror of experiences (2/11)

Distributed Scale

COV101 Coordinator / Leader Approaches that lead to centralized scaling will face several bottlenecks starting with beds

Self help is best help

Goes a saying in Tamil Stop blaming @realDonaldTrump @narendramodi President Xi or leaders of any country or organization

Burdening them with actions individual must take is cowardice

We seek leaders so that we can offload our problems to them

This is nature vs humans

Conversation about death, minimizing regrets

Mere mortals Earlier in the year I made my 2028 North Star & OKR

Such decade long outlook looks laughable

Regret minimization is still a solace

Rules have changed

Find new maps First pause

Allow yourself to say

Today rules of the game called world has changed

Dealing with Risk requires

Dealing with Psychology of Risk Both to

Manage your own psychology and

Use psychology for problem solving

Understand risk better

To brace against today's world Risk means different things to individuals

1/11 @AngelList released report on early stage venture investing angel.co/blog/venture-r… Dense math to make a case that spray and pray (only) works in early stage venture. Made perhaps to trigger a Moneyball moment in a investor community that talks bets like astrologers 2/11 @RonConway & @davemcclure demonstrated this clearly through their experience of investing in 500-700 startups. Then why the report ?

@patrick_oshag powerful question was a good nudge to reflect on effectuation. A set of principles that has deeply influenced on how I think about business.

Effectuation is the name for first gear in founder decision making

https://twitter.com/patrick_oshag/status/1168500309926338561

Number one Job of a founder is decision making

And an early stage founder decides in a complete opposite way compared to a corporate leader