Palipino: People are lulled into believe that this long expansion of life is going to go indefinitely, and they fail to take thanksgiving into account. If you're an objective third party watching this unfolding of events, you gang to know very well about that last thursday in november, he says. He asks if a business can survive for the time being but then one fine day the hammer will fall? Or is this business a lindy type of business? It's survived for so long, so it's going to survive for the next or there's a very high likelihood that it’s going to survive in the future,. So is it a lindY
As Chamath Palihapitiya put it back in April 2021, 10-K Diver is “one of the best fintwit accounts on Twitter.” 10-K Diver loves breaking down complex financial topics and helping people understand them via engaging Twitter threads. You can follow 10-K Diver on Twitter at https://twitter.com/10kdiver and read all his threads at https://10kdiver.com/twitter-threads/ Show Notes:
- Curating aggressively
- Is there a long term plan?
- Reasoning from the first principles
- Volatility tax
- Do markets have a memory?
- Financial Independence, Retire Early (FIRE)
- Mental models for investing
- Premeditating
- Jim’s GIF game
- Is it a Lindy or a turkey?
- The ‘Money Concepts’ show
- Benefits and pitfalls of leverage
- What’s next for the 10-K diver?
Books Mentioned:
- Reminiscences of a Stock Operator; by Edwin Lefèvre
- Happy; by Derren Brown