2:50- 4:20 hmm logical (sums up amazingly at 4:22) 6:45 " The largest employer of the world is inefficiency" 21:30 - 21:50 so true🥺 22:06 interesting view point (can be the reason on why india lacks financial literacy) 3 mental models he referred to - maintain a journal of all your decisions and find write whether it turned out to be correct or not - understand the value of your time. TIME is much more valuable than money -surround yourself with people who have constantly made right decisions. It may be physically or by indulging yourself into his thoughts and conversations. 33:10 try not having favourites they limit you !. 2 advices - Don't be proud of your past achievements and don't be anxious of what you can achieve in the future ( I hope I can follow this well🤞🤞) -Try to do good to the people around you.It makes you happy (as a person who doesn't know or believe much in concept of happiness I feel this thing does nothing than to distract you from your sad state for a short period of time. So go on you'll feel better : ) ) End - " All badges are prisons people give you to stay in" same thinking :)
We are soo lucky that this pot of gold conversation is absolutely free. Love the practical thinking of Kunal Shah, especially speaking in numbers, trends.
It seems like , I'm addicted towards Kunal Shah talk . But yes according to him.. we should not make someone fav.. , it's the best way to become dumb... Learn from everyone 💙
My takeaways : 1) During the crisis people' s risk taking ability goes up (this explain the rise of people's interest in risky instruments such as equity and stocks and cryptos). In 1918, followed by Spanish flu were the roaring 20s followed by the Great Depression 2) Inefficiency is the largest employer in the world. As we become more efficient, the number of people required to do the work goes down. 3) Indian needs to increase it women workforce participation. Only 6% of urban Indian women have their independent financial income. We need to increase it. No great country is able to become developed without enough women workforce participation except few Arab countries (as they have oil). 4) Becoming financially literate is very important. Learn about inflation, learn about compounding etc. There is new caste system in the world, first are the people who are financially literate and others who aren't. It is going to cause more damange than any caste system ever did. 4) Parents should learn new things from RUclips and teach it to kids. 5) Mental models : i) Being around people who are very good at making decisions ii) Knowing the hourly value of your time iii) Decisions journalling : Whatever decision you take, note it down and revisit back whether that decision has turned out to be right or not.
I think you should add 'thought leader' to 'investor, entrepreneur' next time you introduce him because his words always challange your current beliefs and make you think deeply about things you take for granted.
He is the most unhappiest man Becoz whenever he meets people may it be in his family ,he feels they are dumb and they are not curious like him or they delete watsapp photos sitting in plane or they don't know how money works etc.. He cannot engage himself with them May it be family functions,festivals etc He misses the fun , happy moments unlike us Drawback of having growth mindset 😊
He's in the search of absolute truth/eternal truth as he said in one of his interview. so, he's always excited in life to do new things, meet smarter people and he'll keep doing that till he finds the absolute truth... Which he believes that it'll take a lifetime... Which means he'll be happy and excited throughout his life.v
@@Ashish-ss5nt He said that he's curious by nature... So, he's finding the eternal truth through his own passion of building companies meeting new people (It's natural by his curious nature). Even "Guru Vashisht" also said that and I quote "You can attain eternal truth by being in sansaar"
(Regarding female participation in the work force) Rearing children is the foundation of a strong society be mindful aware of what western ways of life we adapt.
I think government should introduce a scheme where women get 10% extra pension one their actual salary. I think then, the family(spouse,in-laws) takes women seriously give support and let them work in peace and dignity. Also this scheme should have a time period.
When the host says he "completely agree with Kunal on the financial literacy based caste system would be worst than real caste system (Kunal said with good intent), what both (probably subconsciously) don't realize is that both of them are from upper/privilege backgrounds and will never understand the dignity-less life marginalized communities in India live their and their struggles.
Only Kunal can talk like this. 37 min of pure GOLD with no recommendations.
We agree 💯
"Read books" the one gold advice that I took from the video. Loved the session.
2:50- 4:20 hmm logical (sums up amazingly at 4:22)
6:45 " The largest employer of the world is inefficiency"
21:30 - 21:50 so true🥺
22:06 interesting view point (can be the reason on why india lacks financial literacy)
3 mental models he referred to
- maintain a journal of all your decisions and find write whether it turned out to be correct or not
- understand the value of your time. TIME is much more valuable than money
-surround yourself with people who have constantly made right decisions. It may be physically or by indulging yourself into his thoughts and conversations.
33:10 try not having favourites they limit you !.
2 advices
- Don't be proud of your past achievements and don't be anxious of what you can achieve in the future ( I hope I can follow this well🤞🤞)
-Try to do good to the people around you.It makes you happy (as a person who doesn't know or believe much in concept of happiness I feel this thing does nothing than to distract you from your sad state for a short period of time. So go on you'll feel better : ) )
End - " All badges are prisons people give you to stay in" same thinking :)
We are soo lucky that this pot of gold conversation is absolutely free. Love the practical thinking of Kunal Shah, especially speaking in numbers, trends.
Dude this channel is a hidden golden mine.
Pioneer of their respective field projecting their insights.
Thanks man for the valuable content
37 minutes of life lessons. Thank you Finity team.
We are glad you liked it, @The Rest 99% 😃
Rest 99 man you forgot what the top 1 percentage have done?
I kept skipping the questions still made 100% sense of what kunal was saying 😊
The last 5minute opened a new realm! Wish he wrote a book.
It seems like , I'm addicted towards Kunal Shah talk
. But yes according to him.. we should not make someone fav.. , it's the best way to become dumb... Learn from everyone 💙
Always excited to listen kunal. Thank you 🙌.
Great Kunal ,u knowledge immpacable
My takeaways :
1) During the crisis people' s risk taking ability goes up (this explain the rise of people's interest in risky instruments such as equity and stocks and cryptos). In 1918, followed by Spanish flu were the roaring 20s followed by the Great Depression
2) Inefficiency is the largest employer in the world. As we become more efficient, the number of people required to do the work goes down.
3) Indian needs to increase it women workforce participation. Only 6% of urban Indian women have their independent financial income. We need to increase it. No great country is able to become developed without enough women workforce participation except few Arab countries (as they have oil).
4) Becoming financially literate is very important. Learn about inflation, learn about compounding etc. There is new caste system in the world, first are the people who are financially literate and others who aren't. It is going to cause more damange than any caste system ever did.
4) Parents should learn new things from RUclips and teach it to kids.
5) Mental models :
i) Being around people who are very good at making decisions
ii) Knowing the hourly value of your time
iii) Decisions journalling : Whatever decision you take, note it down and revisit back whether that decision has turned out to be right or not.
Tnku so much for this Valuable talk 🖤
Getting curious... thank you for the content
My all time fav. Video superb
Please do an interview with Nikhil Kamath.. Co-founder of Zerodha..
Nithin kamath & nikhil kamath brothers both are great.. Atleast try Nikhil :)
I think you should add 'thought leader' to 'investor, entrepreneur' next time you introduce him because his words always challange your current beliefs and make you think deeply about things you take for granted.
Absolute Gold
Amazing content! -- "most people spend time during flights deleting pictures on the WhatsApp to save space " :)
Great session
Thank you @Pranoy Deb 😀
He is the most unhappiest man
Becoz whenever he meets people may it be in his family ,he feels they are dumb and they are not curious like him or they delete watsapp photos sitting in plane or they don't know how money works etc..
He cannot engage himself with them
May it be family functions,festivals etc
He misses the fun , happy moments unlike us
Drawback of having growth mindset 😊
he live his life the way he wants , that keeps him happy..
@@Binodsubsforbinod Some people live as they want and tell others to live like them so that they can also be unhappy
He's in the search of absolute truth/eternal truth as he said in one of his interview. so, he's always excited in life to do new things, meet smarter people and he'll keep doing that till he finds the absolute truth... Which he believes that it'll take a lifetime... Which means he'll be happy and excited throughout his life.v
@@ajay_kalapad he should become a scientist or yogi then he is in the wrong field, yes he is an philosopher for sure
@@Ashish-ss5nt He said that he's curious by nature... So, he's finding the eternal truth through his own passion of building companies meeting new people (It's natural by his curious nature). Even "Guru Vashisht" also said that and I quote "You can attain eternal truth by being in sansaar"
(Regarding female participation in the work force) Rearing children is the foundation of a strong society be mindful aware of what western ways of life we adapt.
I think government should introduce a scheme where women get 10% extra pension one their actual salary. I think then, the family(spouse,in-laws) takes women seriously give support and let them work in peace and dignity. Also this scheme should have a time period.
The most i like in this person is that he wish alot.
Like i wish i know this. 😂😂😂
Comic apart, very well said and inspiring. 🔥💪
❤️
Get curious guys
Really structural thinker
Will there be a money in 2040? Kunal be like, I don't think so
Do u use cash ? Nowadays .. probably 40% ... 2040 is faar away.... Just wait for next 5, 10 years..
When the host says he "completely agree with Kunal on the financial literacy based caste system would be worst than real caste system (Kunal said with good intent), what both (probably subconsciously) don't realize is that both of them are from upper/privilege backgrounds and will never understand the dignity-less life marginalized communities in India live their and their struggles.
Video no.61
that fake claps in the beginning, really irritates!!
Why this gold have only 17k views ? While kachra videos getting million, ohh mindset sucks