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Hardest part in realization

It is one of the hardest thing to draw lessons from what we know. That is the reason why even after reading hundreds of book, we feel like we learned or to be specific realized nothing. But upon coupling with the reflection and experience, we can actually draw it from anywhere. The key still is to learn more.
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Tackling the same problem in different ways

The process of breaking the ice should be treated from different angle. Consider the stone as a rigid and hard moulded personality. And we know that it is not the first hit or the last hot that's gonna break the rock, but a series of constant impact is what brings the results. So the thing is understanding and the hitting in accordance with what exactly is missing to break the rock
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Discipline is the key

Whatever the things we try to do, without a consistent effort result will be negligible. We start and then stop, this repeats and results in a shallow reward. Consistent work, even smaller can bring the actual change.
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Mindset matters

  The first mover advantage maybe a myth like MySpace. It is not necessary to have a first mover advantage, but it may do good if managed correctly. In the world of crypto we could see Bitcoin reigning over a decade as the leading coin. It got its first mover advantage and it is way ahead than other altcoins. But does it means it will lead forever ? Not really. I’m case of Amazon the first mover advantage was a great benefit. It is not that because of Amazon being the first to deliver goods through online, it is the ever growth mindset of Jeff Bezos. Like in case of any other thing, the important factor is not the advantage, but the mindset that drives it behind. Last day I wrote about having a progressive mindset. But when it comes to BTC, the driver behind it is clearly absent. Its first mover advantage is getting it to the top, but as soon as when one person with growth mindset comes with an equivalent product (which already happened), the first mover advantage may slay. ...
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Beliefs of discount

 Seasons are mostly beneficial to those who are making whole sales. The sales are driven highly with anticipation of belief that people are ready to spend money than before. It is beneficial to both the customer and seller. The main reason is the volume. In normal days, people won’t go shopping vividly and manufactures are less active. We are taught to believe that during season sales companies sell products with more discount. Sometimes with buy one get one offer. No one wants to bet large amount of money during non-seasonal days. We wait for discount to hit thus to save money. And when the discount breaks, huge amount of masses place the order. This is way more than actual sale. Discounts are certain and hence the profit.   On the flipside, companies will profit like hell these days. They employ more workers during this time and install many outlets. They know they can swap money like never before. It is confusing to see who makes real profit. Both sides cannot maintain the...
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Welcoming the fate

Marcus Aurelius once said " To welcome with affection what is sent by fate". He meant every word he said. It is possible to get ourselves to welcome the fate. It brings oppertunity and self control. Knowing that we can have the control of our being is powerful when it comes to being vulnerable with emotions.
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A better break

A break if  needed should be taken. There is nothing such as continuity that is unending. We usually breaks the rituals from lazy and lax behaviours. But if the break is essential for a better tomorrow, there is nothing to regret. PS : You will recieve the daily dose of knowledge again.
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Cash flow of companies

One in three main thing that can be used to evaluate a company whether to invest or to learn is to analyse it's cash flow statement. It is equally important as reviewing the balance sheet and p&l statement. Everyone keenly focus on the numbers in these colomns before investing. Everyone should if he is to invest. But cash flow, they mostly give less importance. One reason is that they just need to know whether it is positive or negative. If it is positive, good. Negative, then need to analyze further more deeply. We can get a sense of the operational and financial activities from cash flow statements. And by combining our findings from here to over-all findings will lead to a good sense of this company.
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Focus on the fundamentals

Panic selling the cause of loss. If we invest in a very good company with strong fundamentals and a leading player in the growing industry, there is no point in worrying about the correctionms that the market gives. Market always corrects if the valuations are in a state of bubble. You should be focusing on companies that are fundamentally good.
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