The power of compounding can significantly impact long-term investing, as even slower-growing investments can be overtaken by faster-growing ones.
10-K Diver's Twitter account serves as an educational platform to bridge the gap between non-finance individuals and financial concepts.
Twitter provides a valuable platform for connecting with interesting individuals, expanding social networks, and having meaningful conversations.
Deep dives
Introduction to the Interview with Ten K Diver
In this podcast episode, the host introduces a pseudonymous account, Ten K Diver, who has gained popularity on FinTwit. The purpose of the interview is to dive into Ten K Diver's journey into the world of Twitter and FinTwit, explore various investing topics, and discuss mental models and threads. The episode also includes a sponsorship plug.
Exploring the Fundamentals of Compounding and Warren Buffett's Journey
One of the main topics discussed in the interview is the importance of compounding and its impact on long-term investing. Ten K Diver's Twitter threads often include calculations and examples that illustrate the power of compounding. They highlight the fact that even if a slower-growing investment has a significant head start, a faster-growing investment will eventually overtake it. As an example, Ten K Diver mentions Warren Buffett's journey and how he accumulated most of his net worth after 65, emphasizing the significant impact of compounding over an extended period.
Ten K Diver's Journey and the Value of Investor Education
The interview delves into Ten K Diver's personal journey and motivations for starting their Twitter account. Ten K Diver mentions being inspired by the value and insights shared by the FinTwit community and their desire to bridge the gap between non-finance individuals and financial concepts. They discuss how they started studying investing concepts years before joining Twitter and how their account serves as an educational platform to help others understand the fundamentals of finance and investing. Ten K Diver also explores potential business opportunities, such as creating a course or becoming more involved in investor education.
Connecting with Interesting People on Twitter
The speaker emphasizes the value of Twitter as a platform for connecting with interesting individuals and expanding their social network. They mention how Twitter allows them to interact with their heroes and have meaningful conversations. The speaker also highlights the value of having an anonymous account where ideas matter more than the person behind it. However, they acknowledge the negative aspects of Twitter's slow development and the challenges of finding the right people to follow.
Changing Dynamics of Twitter and the Procrastination Monster
The speaker discusses their initial resistance to changes in Twitter's design and algorithms, specifically the shift from a real-time feed to an algorithmic one. They admit that the changes, though initially disliked, have made the platform more accessible and appealing to a broader user base. Additionally, the speaker shares their personal struggle with procrastination and the pressure to meet their self-imposed schedule of posting threads. They also reflect on the misconceptions about their account being solely focused on analyzing 10-K reports.
Get a cup of coffee. We sit down with the voice of one of our favorite Twitter accounts, 10-K Diver, to talk about his journey building one of the most widely followed (and respected!) fintwit accounts out there. We had a blast and — of course — learned a ton from one of the greats!!
