Read on Twitter
I like this mental model of "ground states."
Tobi Lutke mentioned it yesterday on "Invest Like the Best."
It& #39;s from physics and the definition is -- the lowest energy state of an atom or other particle.
In other words: what do you do when you don& #39;t have energy?
Mini-[THREAD]
Tobi Lutke mentioned it yesterday on "Invest Like the Best."
It& #39;s from physics and the definition is -- the lowest energy state of an atom or other particle.
In other words: what do you do when you don& #39;t have energy?
Mini-[THREAD]
2/ Tobi said his "ground state" was consuming information and learning how to make better decisions.
A lot of people& #39;s ground states are watching Netflix or if you& #39;re reading this, maybe it& #39;s scrolling Twitter?
https://abs.twimg.com/emoji/v2/... draggable="false" alt="đ" title="Winking face" aria-label="Emoji: Winking face">
Another way to phrase this: how do you spend your free time?
A lot of people& #39;s ground states are watching Netflix or if you& #39;re reading this, maybe it& #39;s scrolling Twitter?
Another way to phrase this: how do you spend your free time?
3/ This feels like the essence of competitive advantage.
If one person& #39;s ground state is personal growth while another& #39;s is watching Netflix or going on Instagram, the divergence, in the long run, will be huge.
The next question then is: can ground states be learned?
If one person& #39;s ground state is personal growth while another& #39;s is watching Netflix or going on Instagram, the divergence, in the long run, will be huge.
The next question then is: can ground states be learned?
4/ It feels like there is a good amount of innateness here. But I think it comes down to what you find interesting.
If you really enjoy learning about something, it can become a ground state.
When you& #39;re doing something you find super fun, you don& #39;t have to force focus.
If you really enjoy learning about something, it can become a ground state.
When you& #39;re doing something you find super fun, you don& #39;t have to force focus.
5/ Without the need to expend energy, an activity can become a ground state. It& #39;s the perception of "expending" that& #39;s key. An activity can be a joy for one person and a drag for another.
This comes to the "follow your passion" vs. "get good at something" debate.
This comes to the "follow your passion" vs. "get good at something" debate.
6/ This relates to career advice. Should someone follow their passion or master a skill and then come to enjoy the skill?
My intuition is that it& #39;s harder for the latter crowd to turn that skill into a ground state.
What do you think?
My intuition is that it& #39;s harder for the latter crowd to turn that skill into a ground state.
What do you think?
7/ Here are some closing thoughts on some ground states that would be great for investors:
- reading 10k& #39;s
- analyzing financials
- reading business biographies
- journaling
- consuming information
- understanding business models
What else?
- reading 10k& #39;s
- analyzing financials
- reading business biographies
- journaling
- consuming information
- understanding business models
What else?
