The Daily Loop #42
Forty-second edition of The Daily Loop. 3 long-form reads, 3 short-form tweets, 1 quote and some daily advice! Have a read.
The Daily Loop newsletter focuses on information that can be consumed in 2 minutes every day by linking to posts across the internet, formatted in a way that is easy for anyone to navigate. In a 3-3-1-1 design.
The goal is for as many people to read this daily and inspire them to think differently about certain things. It will primarily be around topics and industries I am interested in such as: startups, ai, success, innovation, change, crypto, nfts, etc.
3 long-form reads
1/
actually the premise is CORRECT you cant outperform by riding beta- thats the definition of beta but people forget that ur pool of capital is not constant nor capped, so you can and you SHOULD work-save-invest concurrently to build up bankroll rather than only being a "trader"Top-tier TikTok analyst shares how to make your first $10k in the market… https://t.co/Vynlx4eXHdTTI @TikTokInvestors
“Trading” is widely regarded as a full-time job ignoring the fact that pushes it to high risk for most people.
tldr; you should be working until annual income < annual returns in absolute value
2/
I always love reading cool things on topics I don’t care much about. Could just be me.
3/
Speaks about labor, outsourcing, software, creativity, intellectual property, capital and the future.
3 short-form tweets
1/
If you love or hate the individuals that garner the most attention on social media, one thing you can admit is that they are extremely good at understanding what people want. Because if they weren’t, they wouldn’t be popular.
2/
Amazing way to use ChatGPT. Tell it to summarise points of books you hear people recommending.
3/
Both! There is no reason why your support for someone that is successful is worth more than when someone is at their lowest. When at their lowest, that is precisely when they need it most.
1 good quote
Reiterating this quote:
"We live in an age of infinite leverage"—Naval Ravikant
1 piece of advice from me
Don’t fall into the trap of creating useless content, for the same reason you wouldn’t consume useless content.