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paulg's profile
Paul Graham
Paul Graham
Paul Graham
Verified account
@paulg

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Paul GrahamVerified account

@paulg

paulgraham.com
Joined August 2010

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    1. Paul Graham‏Verified account @paulg 14 Mar 2017

      "The biggest wins are almost always long. 100→1 is tougher for compounding than 1→100." – Evan Goldfine

      5 replies 42 retweets 106 likes
    2. Paul Graham‏Verified account @paulg 14 Mar 2017
      Replying to @paulg

      This seems to apply to more than investing. It's why it's better to be a foolish-seeming optimist than a clever cynic.

      1 reply 30 retweets 77 likes
    3. Paul Graham‏Verified account @paulg 14 Mar 2017
      Replying to @paulg

      If the optimist is right, he gets the further advantages of applying the idea. The cynic only gets to say "I told you so."

      14 replies 212 retweets 326 likes
      Paul Graham‏Verified account @paulg 14 Mar 2017

      Optimism compounds better than cynicism.

      4:18 PM - 14 Mar 2017
      • 182 Retweets
      • 308 Likes
      • Ashley 𝗕𝗲𝗻 𝗘𝗱𝘄𝗮𝗿𝗱𝘀 Wilson Allan Jiang Jack Dostine Andrew Clark Wilfred Kasekende James Stillwell Sohil Gupta
      8 replies 182 retweets 308 likes
        1. New conversation
        2. John Feminella  🌠‏ @jxxf 14 Mar 2017
          Replying to @paulg

          This analysis is complicated somewhat by the large number of broke optimists and well-off (if not wealthy) cynics. Cynicism is safer.

          2 replies 0 retweets 11 likes
        3. Evan Goldfine‏ @IsThisMyMoney 14 Mar 2017
          Replying to @jxxf @paulg

          Broad cynicism won't get you up in the morning to risk and do something. (I'm still in the long process of shedding my own.)

          1 reply 0 retweets 2 likes
        4. Show replies
        1. Gabe Rivera‏Verified account @gaberivera 14 Mar 2017
          Replying to @paulg

          ...as long as the "0" in 1→0 doesn't mean "dead"

          0 replies 0 retweets 2 likes
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        1. New conversation
        2. Patrick Samy‏ @patricksamy 14 Mar 2017
          Replying to @paulg

          Had the same thoughts yesterday @paulg.

          1 reply 0 retweets 0 likes
        3. Patrick Samy‏ @patricksamy 14 Mar 2017
          Replying to @patricksamy @paulg

          believing foolishly allows you to make progress and maybe realize you're wrong. Cynicism doesn't?

          0 replies 0 retweets 1 like
        4. End of conversation
        1. jon leslie‏ @jonwesleyhardng 14 Mar 2017
          Replying to @paulg

          cc Warren B

          0 replies 0 retweets 0 likes
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        1. Asad Ghafoor‏ @asadghafoor 14 Mar 2017
          Replying to @paulg

          thinking confirmation bias also probably plays into this. The optimist more likely to find ways to make it work than the cynic.

          0 replies 0 retweets 0 likes
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        1. Erik Van Ees‏ @ErikVanEes 14 Mar 2017
          Replying to @paulg

          Optimism is the faith that leads achievement. Nothing can be done without hope and confidence.

          0 replies 0 retweets 0 likes
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        1. KimSia Sim  🇸🇬 💻 📗‏ @KimStacks 16 Mar 2017
          Replying to @paulg

          . @paulg if optimist & right, then yes. If optimist & wrong, then no. Same for cynic. So, right compounds > wrong. Not as catchy tho

          0 replies 0 retweets 0 likes
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