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- 5 Tweet Tuesday - September 3, 2024
5 Tweet Tuesday - September 3, 2024
š 5 Tweet Tuesday š
If youāre new around here, every week I share the 5 best tweets I saw in the past 7 days.
I scroll, so you donāt have to.
Letās get to it:
#1 š
"When I was a boy, there was a popular saying: Donāt just sit there; do something. But for investing, Iād invert it: Donāt just do something; sit there.
Develop the mindset that you donāt make money on what you buy and sell; you make money on what you hold."
ā Howard Marks
ā Investment Wisdom (@InvestingCanons)
6:01 PM ā¢ Aug 29, 2024
Imagine a 300 lb football player trying to do Simone Biles' balance beam routineā¦
Thatās what itās like when a founder tries to switch gears and become a great investor. The things that helped you in one game (high action bias) can badly hurt you in another.
I love the Charlie Munger quote about investing: āThe big money isnāt in the buying and selling, itās in the waiting.ā
#2 š
š Eat clean -> š depression stops
What is clean? Anything that comes from the farm or nature like fresh meat, vegetables, fruit, rice, potatoes etc.
What is not clean? Anything produced in a factory
ā @levelsio (@levelsio)
3:28 PM ā¢ Aug 31, 2024
Hey itās the 5 tweet Tuesday value meal. 2-For-1.
The idea that our standard diet is poison (not just for our body but for our mind) is a big topic thatās going to become very popular soon.
#3 š
jack dorsey (@jack) is forever goated to run twitter (and square) thru just his notes app.
ā Gaurav (@gaxrav)
4:18 AM ā¢ Aug 30, 2024
I thought this was fake when I first saw it.
Jack Dorsey was running 2 billion-dollar companies using just his iPhone notes app?
Turns out, itās true.
He had a separate note for all the important people in the company (i.e. his CFO, Sarah Friar, had her own note. Whenever Jack had a question, heād drop it there)
He had a note for everything he was doing on a daily basis, and things he didnāt want to do (he called this his ādonāt listā)
P.S. - he walked through his process in this Y Combinator speech he did back in 2013 . Watch here.
#4 š
I think about decisions in three ways: hats, haircuts, and tattoos.
ā liminal (@Liminal1988)
1:23 PM ā¢ Sep 1, 2024
Great framing ā decisions are like hats, haircuts, and tattoos.
#5 š
āIf you had invested in Apple in 2007ā¦ā
Me in 07:
ā Sherzy (@SherzyOne)
4:07 PM ā¢ Aug 25, 2024
if you know, you know š
PS: I dropped a huge oneā¦
Did you read the 2-part essay I posted last week? They were the highest rated essays Iāve ever written. Check em out here:
Strategically Broke - How I spent a year āstrategically brokeā (w/ pics & $$)
Permission to Wander - The 3-step plan to figure out what you want to do in life