On a journey towards a simpler life. Thoughts on solitude, contentment, books, mindfulness, Zen, Financial Freedom, and investing.
Oct 7, 2018 • 9 tweets • 3 min read
For the uninitiated, Letters from a Stoic is a collection of 124 letters sent by Seneca, ancient Roman philosopher to his friend, Lucilius, in around 63 AD to 65 AD.
Here is a thread on my notes and thoughts on Letter XIII - On Groundless Fears. (1/n)
"There are more things, Lucilius, likely to frighten us than there are to crush us; we suffer more often in imagination than in reality."
We cross our bridge of worries many a times before we even come across it. And very often, this bridge doesn't even exist in reality. (2/n)
Sep 20, 2018 • 15 tweets • 2 min read
Here is a series of tweets offering suggestions to new traders. From a blog post I wrote 7 years ago. Have to admit I would not be able to do a better job if I was to write a new post on it today. (1/n)
1. Trading is hard, actually make that very hard. There is a reason why over 95% of short term traders fail. (2/n)
Sep 2, 2018 • 17 tweets • 3 min read
Here are my notes and thoughts on the book “Your Money or Your Life”. The original version was published in 1992 and has been acknowledged as a one of the pioneers for the Financial Independence (FI) movement. An updated version of the book has been released recently. (1/n)
If I had to summarize the book in one sentence, the book basically forces you to look into and re-examine your relationship with money. We spend most of our lives chasing it, mights as well look into what it means to us. (2/n)
Jul 20, 2018 • 30 tweets • 5 min read
Starting with "What I learned losing a million dollars". Read enough about earning them, might as well also learn about losing them!
"They are like racing fans making the same losing bet on an instant replay"
After initially losing money, we feel that something is wrong with our methods and promptly renew our search for the infallible system. We end up making the same mistakes again and again.