raghav

2.5K posts

raghav

raghav

@dagdooe

Passionate about data mining, data analysis, data visualisation. Trying to help people get closer to their data through use of Microsoft excel.

Perth, Western Australia Katılım Ekim 2015
1.1K Takip Edilen252 Takipçiler
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Tim Ferriss
Tim Ferriss@tferriss·
I often think of the below story introduced to me by Tara Brach: "This is a story about a tiger named Mohini that was in captivity in a zoo, who was rescued from an animal sanctuary. Mohini had been confined to a 10-by-10-foot cage with a concrete floor for 5 or 10 years. They finally released her into this big pasture: With excitement and anticipation, they released Mohini into her new and expensive environment, but it was too late. The tiger immediately sought refuge in a corner of the compound, where she lived for the remainder of her life. She paced and paced in that corner until an area 10-by-10 feet was worn bare of grass. . . . Perhaps the biggest tragedy in our lives is that freedom is possible, yet we can pass our years trapped in the same old patterns." What past limitations—real or perceived—are you carrying as baggage? Where in your life are you pacing in a 10-by-10-foot patch of grass? Where are you afraid of getting sprayed with water, even though it’s never happened? Oftentimes, everything you want is a mere inch outside of your comfort zone. Test it.
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Shane Parrish
Shane Parrish@shaneparrish·
Today is the day! After four years of writing, re-writing, and editing, my first full-length book—Clear Thinking—is finally out. You don’t need to be smarter than others to outperform them if you can out-position them. Anyone looks like a genius when they’re in a good position, and even the smartest person looks like an idiot when they’re in a bad one. The most effective way to enhance your decision-making is by starting from a position of strength. With a proven framework and practical strategies, Clear Thinking is your roadmap to navigating any situation with poise and intelligence. Available anywhere books are sold. Grab a copy today and let me know what you think. Learn more & claim extra goodies fs.blog/clear/ *UK release Thursday*
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The Knowledge Project
The Knowledge Project@farnamstreet·
“Study hard what interests you the most in the most undisciplined, irreverent, and original manner possible.” – Richard Feynman
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Navalism
Navalism@NavalismHQ·
"Working hard is overrated. Choosing what to work on and who to work on it with is underrated." @naval
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Navalism
Navalism@NavalismHQ·
"Asymmetric opportunities: Invest in startups Start a company Create a book, podcast, video Create a (software) product Go on many first dates Go to a cocktail party Read a Lindy book Move to a big city Buy Bitcoin Tweet." @naval
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Daniel Mahncke
Daniel Mahncke@MnkeDaniel·
If you’re an investing beginner, you MUST watch this video. If you’re an advanced investor, watch it as a reminder. Peter Lynch is the most successful Fund Manager of all time. He uses these 45 minutes to cover 95% of all of investing! My Key Takeaways: 1. Personal Edge - Look for the fields in which you have a knowledge benefit. Working in an industry, being a customer, all of that is an advantage. 2. The Key Organ for Investing: The Stomach - Investing is not about brains. It’s about having the stomach. “The real key to making money in stocks is not to get scared out of them.” - Peter Lynch 3. Categories - Categories and labels are guidelines, not hard rules. Successful investing is about flexibility. 4. P/E Rule of Thumb - Stocks follow Earnings Fairly Priced: P/E equals annual growth rate over the next 3-5 years. Expensive: P/E extensively higher than annual growth rate over the next 3-5 years. Cheap: P/E extensively lower than annual growth rate over the next 3-5 years. 5. Balance Sheet Rules of Thumb - Is the BS healthy? a) Cash should be higher than Short-Term Debt b) If Cash - Short-term Debt - Long-Term Debt is only 1/4 of Net worth, the BS is decent c) Total Debt should equal 20% of capitalization or less 6. Focus on Stories - Stock prices move with the stories told about the companies. Have a long-term story for every company you own and check if it plays out. 7. Profit from Chaos - A market decline of at least 10% occurs every two years. Pick up your high-conviction bets at a discount when this happens. 8. Forget about Macroeconomics - Focus on business growth, not GDP growth. “If you spend 13 minutes a year on economics, you’ve wasted 10 minutes.” - Peter Lynch
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Navalism
Navalism@NavalismHQ·
"Like everything in life, if you are willing to make the short-term sacrifice, you’ll have the long-term benefit. 'Easy choices, hard life. Hard choices, easy life.'” @naval
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Navalism
Navalism@NavalismHQ·
"Persistence beats timing. Execution beats luck. Not immediately, but eventually." @naval
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Robert Greene
Robert Greene@RobertGreene·
Learn the lesson: Once the words are out, you cannot take them back. Keep them under control. Be particularly careful with sarcasm: The momentary satisfaction you gain with your biting words will be outweighed by the price you pay.
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Brian Feroldi
Brian Feroldi@BrianFeroldi·
True wealth, according to @nntaleb
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Navalism
Navalism@NavalismHQ·
"Choose the non-emotional response to any given situation and see how much easier your life becomes." @naval
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Robert Greene
Robert Greene@RobertGreene·
Everything in life can be taken away from you and generally will be at some point. Your wealth vanishes, the latest gadgetry suddenly becomes passé, your allies desert you. But if your mind is armed with the art of war, there is no power that can take that away. In the middle of a crisis, your mind will find its way to the right solution. Having superior strategies at your fingertips will give your maneuvers irresistible force. As Sun Tzu says, “Being unconquerable lies with yourself."
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