Importance of diversified portfolio

To have a good portfolio isn't about finding several multibaggers or investing in coins that are ready to explode, it is about diversifying the portfolio. Diversifying the portfolio is not just putting money into some random assets, it is actually diversifying the risk. Because narrowing risk to just a few assets is foolish. The greater the risk, the greater the reward and worser the failure. So having a well-diversified portfolio is important than having multibaggers.

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Managing things

The benefits of doing things on our own must be overrated. The reason is once it is overrated, it will grab the attention of a lot of people who ignore it. This is the process of setting up the foundation of everyday life. Knowing how to prioritize our day is a skill that is worth pursuing.

Lesson from experience

Most of the learnings come from experience and one should focus on gaining experience than pleasuring ourselves in the unrealistic world of social media and pornography. Reflecting upon the experience is the greatest lesson we can ever learn from life. Missing this opportunity is a blunder.

Core learning

Surface level learning a waste of time. Not entirely, but to a large extent it is wastee. Of learning doesn't helps in making better choices. That shouldn't be considered as learning in the first place.

Choices and decisions

The choices we make have the power to change the future. Both the future of the individual and the world. Those choices itself is a choice. Those who make better choices makes a better future. The choices we made in the past made the present and the choices about to make decides the future. Future isn’t in the hands of any other, but in the choices we make . Which makes it clear that one is to be blamed except yourself. We can effortlessly blame others or the situations we are in for the letdowns. But this of no use. No one gets better, instead we get dumped even more. Choices are the byproduct of thinking and thinking is a byproduct of the information inside the head. We can only make good decision with good information. Virtuous information comes from moral sources. So filtering becomes vital here. Believing or consuming whatever available is imprudent. Lots of information leads to lot of both good and bad choices. Instead we need few good and powerful choices. People make gr...

Reprogramming the mind

The mental cage that is created by the society from ever since we came across the life will get stronger with our inability to face the reality itself. Not the reality that is implied by the perception that is created by the experience we had from birth till now. The irony is that we were rarely conscious about what happened in the past and how it forged the inner self. But by the time we get to know what had happened to us, we might have already in a fucked up state. The more aged we are, the more we are fucked by the society. It might terrify a lot of people. And those who finds the truth often do the surface level solution shits and ends up being worser than before. The solution happens when we fix the deep root cause. It must be more psychological than surface scratch.

Do not get left behind

This is a promising stage of the ongoing internet revolution. Internet created its own parallel version which recurs the excitement and suspicion towards it. Internet was the funniest and craziest thing to joke about at its initial stage. The laggards thought people talking internet seriously as dumb lunatic people, fool enough in to believe in an unrealistic world. They couldn’t sort out a successful career without participating in oil industries which is already boomed back then. They saw the substantial increase in automotive industry and found its stock price peaking up. No way to avoid this fortune. Yet people tried different in a non existing world. They went with their belief and vision. They were so keen about where the attention is drifting and well migrated to internet . It’s not just few people who made billions from internet, there are many. Regardless of the industry there happened a great departure. And those who were suspicious about were forced to depart or to quit...

Time framing for success

The problem with people who were used with instant gratification is that they would often assign wrong time frame with result analyses. What gets them to get their feet off the pride work is correlated with the measurement. The first few time blocks are always found to go against expectations. Without having the right time frame to measure, they often fall into the trap. The initials days or months always are meat to experiment and learn. During this learning process, things won’t go as expected and mistakes are necessary. Because learning at the early stages makes the person or the organization strong and keeps huge losses away in the near future. This period is often misunderstood and depicted as a wrong scenario thereby instilling the wrong belief or notion of passion. This is imprudent in nature and could be fixed straight with understanding or guidance. The range of possible net outcome differs different purposes. On a personal level, it requires less time a...

The toothbrush test

To release a product that is worthy of shipping or an idea that is worthy of spreading, it must be of elegant use. No product reigns the market if it is for one time use. We buy products for using more than once. All the things that went revolutionary can be of multiple use or can be used multiple times. There is one test that most of the entrepreneurs use when the launch an idea or company based on that, it is famously known as the Toothbrush test . This a funny yet powerful test that determines whether the product can be used more than once (keeping in mind that people do brush twice or even thrice a day). If it does it is worthy of launching and investing. All the now products are based on this simple test. People behind that do make sure that it went through toothbrushing process . We can see lot of new products on the market are toothbrushing product. Because we like to have a product which is of multiple use. That saves money and time. People do consider these t...

Preparing for the future

If you don't prepare your kid for the worst, he would probably suffer in the time ahead. The best and most practiced way is that making them naive and not agressive. A kid refraining from a aggressive move always limit himself to the situation that demands courage. And the irony is, anything worth pursuing requires courage.

It's not wise to ban Cryptos

The sensation phenomenon of internet made the breakthrough when it decentralized the system of communication globally. The restrictions and number of processes made lot of people to be resistant in communication. Especially written communication. The restrictions that were put forward was an actual mean of censoring. End to end encryption is completely unethical and least practical method. People are so keen about the words that are allowed to put. It made the free conversation worse. Recipient receives the letter after going through multiple hands. But what internet did was amazing. It made the third person powerless and made the free speech more fertile. It changed everything. Communication became more easier and encrypted. Now encryption is taking around everything, making it more secure and easy. The most widely popular and changing field of which encryption is in highly demand is the currency field. As like the process of post transfer in letters, there are multiple threats...

Insanely Practical

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