AAR for 2020

Did not go well:

Never saw the bounce back so fast, so strong coming.

Didn’t see through on personal projects

Spending too much on small unnecessary items

Didn’t connect enough with people

Didn’t commit to reading

Didn’t commit to hobby

Failed to explore Bitcoin, even though was ready.

Went well:

Started and explored “fintech” and online trading platform

Achieved personal important things

Achieved liquidity

Seeing a bigger picture

Lessons learned:

Consumer Fintech is a dud, unless you are early.

Realise your gains at the height of success/ narrative.

Always maintain 10k untouched investible fund, to buy when no one is buying.

Strong belief is important, but do not fight public opinion and consensus.

It is easier to fool people than to convince them that they are fooled.

When people didn’t ask for advice, tell them what they want to hear, not what they should hear.

When people asked for advice, tell them what they should hear, not what they want to hear.

Search for the low key narrative, that’s where the gains are.