Sizhao Yang (@zaoyang) / X

Sizhao Yang

16.1K posts

Sizhao Yang

@zaoyang

@newlinedotco @anypostai previously FarmVille Kaspa

Miami, FL

aiaccelerator.newline.co

Joined July 2008

Sizhao Yang
@zaoyang
Dec 12, 2017
1/ There's a concept known as financial compounding, but most people don't know about intellectual compounding. Buffett and Munger employed this to great effect and to accumulate mental models such that they can make large decisions quickly. Intuition is simply reading a lot.
Sizhao Yang
@zaoyang
Apr 22, 2021
Startups (founders + employees) work 10 year with below market salary hoping for equity value. With 43.4% capital gains, in California, that is 56.4% tax. Estate tax takes 40%. Spend your life creating to give 73.8% to the govnt. Buy over priced real estate. Effective tax 90%.
Sizhao Yang
@zaoyang
Mar 30, 2021
I'm moving to Miami from the bay area. Five things make this possible: * Zoom as clearing house for investments * Housing policies in the Miami-Texas region * Community with culture * Startup incubators backed by seasoned operators * Ambitious local talent
Sizhao Yang
@zaoyang
Aug 19, 2017
1/ Why does the ICO opportunity exist at all?
Sizhao Yang
@zaoyang
Dec 12, 2017
Replying to @zaoyang
5/ Most people value themselves on their individual badges, which is what society labels for you. But most of what is predictive in life, is how you make decisions. Being effective and investing your time in the right area at the right time is a skill, not purely luck.
Sizhao Yang
@zaoyang
Sep 4, 2020
How do you make a billion dollars? Start with $7.5B, invest it in WeWork. Take a loss, try to think of a way to get it back. Open a Robin Hood account and buy $4B of OTM call options on Tesla, Apple. Correct 20% in two days, call options down 75%, you made $1B.
Sizhao Yang
@zaoyang
Dec 19, 2017
1/ What are some unpopular ideas that could be wildly distributed in the future in the nex 5 years among the rich and distributed across the upper middle class in the next 10-15 years? This is a thought experiment. Please feel free to add your own.
Sizhao Yang
@zaoyang
Dec 12, 2017
Replying to @zaoyang
9/ While politicians say it's education that's important, it's only partially true, it's the ability to assimilate knowledge trees and compound knowledge that leads to satisfaction, mental stimulation, and long term wealth.
Sizhao Yang
@zaoyang
Dec 12, 2017
Replying to @zaoyang
21/ These are mindsets and as for strategies. People need to take concepts from Learning how to Learn by @BarbaraOakley and @sejnowski and Art of Learning from Josh Waitzkin. They are are a manual for your brain.
Sizhao Yang
@zaoyang
Dec 12, 2017
Replying to @zaoyang
14/ It turns out that if you just tell students that their mind is like a "muscle" and spend just 10 minutes explaining that concept they will improve their grades dramatically.
Sizhao Yang
@zaoyang
Dec 12, 2017
Replying to @zaoyang
3/ One of the common patterns for a self made billionaires is their ability to self study, self reason and accumulate a set of their own mental model. Intellectual capital compounds at a hidden rate and most people use tangible badges and net worth as measures.
Sizhao Yang
@zaoyang
Dec 17, 2017
1/ Everyone knows about "deliberate practice" "grit", but how do you apply these tactically. Physical sports like basketball have drills and habits that you can apply and idols like MJ or Lebron. Are there the equivalent? Meaning what habits do you need to unlearn and learn?
Sizhao Yang
@zaoyang
Dec 12, 2017
Replying to @zaoyang
8/ As the world get faster and faster with AR/VR, AI, crypto. The ability to invest in your own intellectual capital is a crucial prerequisite to maintaining and succeeding in this world and also for your children.
Sizhao Yang
@zaoyang
Dec 12, 2017
Replying to @zaoyang
23/ @LHTL_MOOC takes you from beginner to intermediate, and art of learning takes you from expert to being world class. Then you have Cal Newport's material, and those three resources are simply the best that I know of to hack your own brain