Jay Patel @jaymindfulmd

Major cheat code for life: Build a boring baseline. Go to bed early. Wake up early. Move your body. Eat simple foods. Save money. Read good books. Avoid drama. Be present. Listen intently. Change your mind. The inputs may not look impressive, but the results certainly do.

धीरे-धीरे रे मना, धीरे सब कुछ होय। माली सींचे सौ घड़ा, ऋतु आए फल होय॥ Slowly, slowly, O mind, everything happens in its own time. The gardener may water the plant with a hundred pots, but the fruit comes only in its season.

Life, liberty and pursuit of happiness, Happy 250th Birthday USA 🇺🇸

Happy 250th Birthday, America! 🗽✨

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🇺🇸🇺🇸🇺🇸

I pledge allegiance to the flag of the United States of America, and to the republic for which it stands, one nation under God, indivisible, with liberty and justice for all.

If you can train yourself not to check your stocks 17 times a day, you will save yourself a tremendous amount of emotional misery. Most investors believe frequent monitoring reduces risk. In reality, it often does the opposite. The more frequently you check your portfolio, the more volatility you observe, and the more dangerous and emotionally draining investing appears to be. A stock that compounds at 15% annually for a decade can easily experience dozens of declines of 30% along the way. The long term trend is wealth creation. The short term experience is discomfort. This creates a strange paradox. The investor who checks prices infrequently usually sees a steadily growing asset. The investor who checks prices every hour sees chaos, uncertainty, and reasons to panic. They own the exact same businesses, yet experience completely different realities. The market’s greatest trick is convincing investors that every price movement contains information. Most do not and a significant percentage of daily price fluctuations are simply randomness masquerading as meaning. The irony is that the people who become wealthy from stocks usually spend less time watching them than those who do not. They understand that great businesses create value every day whether the stock price cooperates or not. One of the most valuable investing skills is learning when to ignore information. Not all data is useful and not all noise deserves your attention. The market rewards patience far more generously than it rewards observation. If you enjoy content like this, consider following and sharing. I also have a book coming out soon that explores investing beyond valuations and financial statements. It discusses the psychology, emotions, decision making, risk, incentives, compounding, luck, patience, and mental models, history, and much more. 🌹

When Your Stocks Go Up, Be Careful One of the strangest truths in investing is that the better an investment performs, the worse an investment it can become. Most investors never realize this because rising stock prices make them feel smarter, safer, and more optimistic. A stock doubles, confidence rises, and the future appears brighter. Yet a rising stock price does not necessarily mean the investment has become better. In many cases the business improves modestly while the stock price improves dramatically. When that happens, future returns may actually be falling even as investor enthusiasm is rising. Most investors celebrate when a stock rises sharply. They check their brokerage account and feel validated. The wise investor understands that price and value are not the same thing. Imagine you own a business worth $100 and one year later that business is worth $115. That is genuine progress because intrinsic value increased by 15%. Now imagine the market suddenly decides the business is worth $180 even though the underlying economics have changed very little. Most investors treat the extra $65 as evidence that the business became dramatically better. In reality, the difference between price and value may have simply widened. The stock became more expensive, future returns became lower, and risk increased beneath the surface. This is one of the market’s most dangerous gifts. The market has a habit of rewarding investors before proving them right. A stock rises, confidence grows, and investors begin trusting their conclusions more than they should. The problem is that a rising stock price may have nothing to do with the quality of the original analysis. Sometimes the market is simply becoming more optimistic and willing to pay a higher multiple. The investor mistakes a favorable outcome for a correct decision and becomes increasingly vulnerable to future mistakes. The market constantly plays tricks on our emotions. Falling stock prices make investors nervous even when opportunities may be improving. Rising stock prices make investors excited even when opportunities may be deteriorating. The market encourages investors to focus on how they feel rather than what the underlying business is actually worth. Consider two businesses that both increase intrinsic value by 15% during the year. The first stock rises 15% while the second stock rises 80%. Most investors automatically assume the second investment was superior, but that conclusion may be completely wrong The first stock may still be reasonably valued and capable of generating attractive future returns. The second stock may have simply borrowed returns from the future by becoming significantly more expensive. The better performing stock may actually be the less attractive investment going forward Price is the most addictive number in finance. It updates every second, flashes green and red, and constantly demands our attention. Intrinsic value compounds quietly in the background and rarely receives the same attention despite being far more important The investor who watches stock prices all day is like a farmer who digs up his crops every morning to see if they are growing. The activity creates the illusion of progress without contributing anything useful. Great investors spend their time thinking about the business rather than obsessing over the stock price. Every time a stock rises dramatically for no obvious reason, resist the urge to celebrate immediately. Instead ask yourself whether intrinsic value increased or whether the difference between price and intrinsic value simply widened. That question will usually tell you far more about your future returns than the stock chart ever will Most investors ask themselves how much money they made. The wise investor asks how much future return they may have sacrificed. A rising stock price creates wealth today, but when price rises much faster than value it may simply be pulling tomorrow’s returns into the present 🌹

Rubiks cube and graph theory. [🎞️ jagarikin]

x.com/i/article/2049…

@NVIDIAAI @grok what does this mean?

Warren Buffett shares his 4 criteria for buying a stock in this shareholder letter from 1977 "We want the business to be (1) one that we can understand, (2) with favorable long-term prospects, (3) operated by honest and competent people, and (4) available at a very attractive price."

A habit that changed Charlie Munger’s life: Sell the first hour of every day to yourself. Spend it by reading, improving, and working on yourself. "I decided I was going to give the best hour of the day to improving my own mind. And the world could buy the rest of the time."

Turning right on red light is messed up with new FSD update, car just stops and wait for it to turn green, instead of trying to turn right, even when the road is empty, It was working pretty good before. Also FSD Still has hard time recognizing the turn only lanes. Please get these issues addressed in the next FSD update

The Indian Institutes of Technology (IITs) in india have the most objective selection process of any undergraduate engineering program worldwide. There are no essays or legacy priorities. One just has to do exceedingly well on two ultra tough tests. The IITs admit just 1.1% of applicants! It is 3-4x easier to get admitted to @mit, @Stanford, @Harvard and @Princeton! I am excited to share that this year one of our @dakshanaindia Scholars, Godavarthi Harshit Visweswar, got a rank of 39 (out of over 1.5 million applicants!) in the first IIT selection test. He is a sure shot to be admitted and get the campus and major he prefers. His friends call him GHV and I’ll do the same. GHV grew up in the remote hinterlands of Prakasam District in the State of Andhra Pradesh in India. His father is a farmer and the family somehow survives on $5/day. When GHV was in 8th grade, a @dakshanaindia alum, Keshava Chandra, who used to be in the same school as GHV delivered Dakshana’s Inspire session at the school. Each year our alums visit hundreds of schools to inspire the next generation of students to aspire to be @dakshanaindia Scholars. GHV was impressed that Keshava was a student at @iitkgp and understood that if he wanted to go to IIT, he needed to be accepted as a @dakshanaindia Scholar after 10th grade. If there was no @dakshanaindia, the closest location for GHV to get coached for the IIT entrance exam is over 150 miles from his home and the costs of $4000+ would have been completely out of reach. Sometimes all we need is a gentle nudge in the right direction. I received a similar nudge in 8th grade and it totally changed my life trajectory. GHV was the only kid from his school accepted by @dakshanaindia in 2024. We relocated him to Dakshana’s Center of Excellence in Bengaluru and he was coached for two years at The Charles T. Munger Hall. Charlie would be proud! Congratulations to GHV, his family and his teachers. The future for GHV and his descendants looks very bright. This is @dakshanaindia at its very best!

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Sharing for anyone interested or considering $BRK for their portfolios. Great write up as usual @realroseceline

Rose Celine Investments 🌹 @realroseceline

3 months ago

My thoughts on $BRK People overcomplicate $BRK because they try to value every piece perfectly down to the decimal. They debate price to book, intrinsic value formulas, and build giant spreadsheets modeling every subsidiary. Meanwhile I look at it much more simply. $BRK has

79 104 882 75K 366

Charlie Munger at USC Law School:

Payal Nag. Daughter of a daily-wage mason from Odisha. Electrocuted at the age of eight. Lost all four limbs. And then, found a bow. Spotted through her paintings by coach Kuldeep Vedwan, the same man who shaped world champion Sheetal Devi. Defeated her idol Sheetal Devi at the World Para Archery Series Final in Bangkok, April, 2026 Whenever I am feeling low or sorry for myself I will look at these images of Payal & Sheetal again & remind myself what the words: Courage, Resilience & Positive thinking, really mean. These champions are not just my #MondayMotivation. They will be a source of motivation Every. Single. Day

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