Paras Chopra
Good morning.

On a scale of 1-10, how happy are you today and what would notch your happiness by a couple of points and what’s preventing that from happening?
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Special Situations 🌐 Research Newsletter (Jay)
Stagflation nation
https://t.co/7aZCl12wmy
The debate about whether or not the US is in recession is tiresome, and off point. On point, and undeniable, is the fact that the US is experiencing stagflation. - Jeffrey Gundlach
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Jim OShaughnessy
Spoiler Alert: @david_perell gives away the title of @morganhousel's next book 🥁🥁🥁:

"The Morgan Housel Guide to Writing"

Just kidding: I love Morgan and David and this is a pretty neat video breaking down how The Sage of Seattle creates the magic

https://t.co/ONcJFLIwvE
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Compounding Capital
$WCN has directed 50-65% of capital towards highly accretive M&A over past 15 yrs.

Management suggests in this slide that if M&A slows, return of capital would more than triple.

Meanwhile, dividends have grown at 15% CAGR since 2010.

M&A is by far best use of capital imo. https://t.co/TBSM9zRRJx
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Rolf Degen
Sociologists conduct comparatively very few replications, but it looks like it would turn out badly if they did. https://t.co/YjOA2UUupC https://t.co/riXVWeOjll
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FXHedge
CHINA STATE MEDIA MOUTHPIECE SAYS IN RESPONSE TO PELOSI'S POSSIBLE VISIT TO TAIWAN, BEIJING HAS FORMULATED A SERIES OF COUNTERMEASURES INCLUDING MILITARY ACTIONS
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Paras Chopra
Self-help books get a totally undeserved bad rap in intellectual circles.

If a book helps you feel better or grow as an individual, it *is* a good book.
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MastersInvest.com
“If your dealing with a complex system, the rules of thumb that worked in the complex system in year 1 may not work in yr 40. The laws of physics you can count on, but the rules of thumb in a complex civilisation changes. Who'd want to live in a state of sameness” Charlie Munger
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MastersInvest.com
"I try to get rid of people who always confidently answer questions about which they don’t have any real knowledge." Charlie Munger
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MastersInvest.com
“When any guy offers you a chance to earn lots of money without risk, don’t listen to the rest of his sentence. Follow this, and you’ll save yourself a lot of misery.” Charlie Munger
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MastersInvest.com
"We haven't succeeded because we have some great, complicated systems or magic formulas we apply or anything of the sort. What we have is just simplicity itself." Warren Buffett

https://t.co/ZIhL2UJv9i
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Paras Chopra
Who is the nicest and the smartest angel / VC you know about?
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Rolf Degen
People make on average a better impression on others than they think. https://t.co/eCQpHMSF04 https://t.co/wgEIL68eoD
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Paras Chopra
RT @0xsunil: Highly detailed and interesting interview of @paraschopra by @Intellectualins

This thread summarizes the same:
1. First companies started by Paras
2. Major learnings from initial failure
3. Getting initial customers & revenue
4. What tech should one use who's starting now
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Jim OShaughnessy
Two thoughts from David McRaney

“The More Pessimistic Your Explanatory Style, The Easier It Is To Slip Into Learned Helplessness.”

"You might be a great judge of character, but you need to be a great judge of evidence to avoid delusion."
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