1/

Get a cup of Bru coffee.

Today I will help you understand a simple implied growth calculator to find a stock buy level. Let's get started.

(A short thread)

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As you might know, The value of a stock is the present value of its lifetime cash flows.

For the long term buy and hold investor, the real cash flow from the stock is dividend income over its lifetime.

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In 1959, M J Gordon proposed a formula for this. The formula is

Value = D/(r-g)

Whereas

D = Expected dividends.
r = Required rate of return.
g = Dividend growth rate in perpetuity.

A detailed derivation of the formula is given at the end.

4/

Now, let's be honest, it is next to impossible to predict the growth rate in perpetuity for a firm.

So we twist the formula a little bit. Rather than finding out value, we find the *implied growth rate* This helps us to make deals with Mr. Market.

5/

Here is some math:

Value = D/(r-g)

r-g = D/value

D/value is nothing but dividend yield, so we substitute the same.

r-g = Dividend yield

g = r-Dividend yield

*Implied growth = Required rate of return - Dividend yield*

But I wanna share a thing on why I hardly consult.

Few months after my first ancestral initiation, I tried to consult with someone. The person didn't get back to me for whatever reason. I too didn't probe because their silence felt like a message to me. So I didn't probe them and I eventually let it go.

A while later, the things I wanted to consult about revealed themselves in various ways. I literally mean various ways. So I eventually got SOME clarity. At some point this person I wanted to consult with me told me they had actually missed my enquiry.

At that point I didn't feel the need to consult anymore following the events that had taken place in my life and my receiving clarity through those events.

Through all this I was able to learn how my guides communicate and the pattern with which they work.

So I got to know them better and understand our connection better.

So when we say be patient, it's real guys. It's not to shove you off, you really need to get comfortable with waiting certain things out. And it's important to know that inside patience, there are things for you

What does the Trade and Cooperation Agreement mean for the UKs #extradition arrangements with the EU27?

Lets take a quick look

Thread

A reminder of the respective positions of the UK and the EU in their negotiations that the UK Government considered a 'UK WIN'

As rightly said by @StevePeers, the reality is that the Agreement appears to be closer aligned to the EUs objectives, particularly given the EU wins in relation to dual criminality, ability to determine applicability for political offences and surrender for own nationals. EU WIN?

To begin with, as per previous arrangements, #extradition is referred to throughout as a 'mechanism of surrender'. Unlike the Council Framework Decision on the European Arrest Warrant, the surrender arrangement does not appear to be based on mutual trust and recognition

Despite the UK Governments negotiating position of not seeking participation in the EAW scheme, the Agreement provisions on surrender closely follows the wording of the Framework Decision on the European arrest warrant

#AKATU

1. Beloved Friends!

Indeed You Are Waiting For The Boomerang To Return! Do Not Be Concerned With The Timing Of The Return, But Know It Most Certainly Will!

Hey, We need to talk, we really need to talk

We need to talk about moving on so quickly, you carry on residues of unresolved hurt in your heart, we really need to talk

We need to talk about sitting with your emotions in full and dissecting them in little chunks, we need to talk

We need to talk about our intense focus on speed over direction, we need to talk about chasing shiny things at the expense of valuable things in our lives, we need to talk.

We need to talk about silence and counting days and having no plans, and how those are okay things too.

We need to talk about comparison and how it is such a thief of progress, and how you steal from yourself every moment you put yourself down.

We need to talk about our willful blindness to how far we have come, cheating our hearts, one "do they have two heads" after another.

We need to talk about slowing down, about solo conversations in the parking lot, we need to have more of that, where we are truly thankful for where we are and where we are going.

Life is more than just ticking the boxes. There's full love and wholesome friendships to be made.

I hoped that we'd sit with our emotions, and for most of us, not having a schedule can almost come off like a disease, but hey, you are here again. It will be fast soon, so you need to treasure the silence and the solitude of your own voice in your head

You deserve some time off

#Bitcoin has never taken any money from anybody. Every person in the world that bought #BTC and did not sell or lose it has made money. I mean hard money too. The only ones that lost either sold it or lost it. What’s the lesson?

The simple answer is #HODL don’t sell and secure it, but not many have done that #. Why? Here is what I learnt from being involved in #Bitcoin for over a decade.

1. You need to overcome the emotions of fear and greed which is hard wired into the human psychology. Not so easy.

2. You need to resist the urge to trade when everybody is telling you #Bitcoin is going to be killed by another competitor or it’s a scam or it’s a Ponzi scheme or it’s just for drug dealers or it’s a dinosaur compared to other crypto or it’s going to get banned or etc. etc. etc.

3. You need to learn how to become your own bank that requires learning a new skill that became easier over time, but was very hard in the early days. Securing your own wealth without a bank gives you freedom, but new problems to solve.

POSSIBLE MOTIVE FOR THE NASHVILLE BOMBING?

“This is just one explosion, where else are they planning?…They knew exactly where to hit, at the fiber vault on the street. You get 3-4 of those go off, it could produce a Regional or US Wide telecom outage.”

https://t.co/VZrhpB7Nn2

Dear Arewa,

Where is the Hijab?

The Hijab is slowly disappearing in the Community.

It’s difficult to be left unsaid that, in the past it’s very apt to tell a woman or a lady is from the northern part of Nigeria by merely looking at her mode of dressing. It’s descent & modest.

The Hijab can be in other forms such as a big veil which is sufficiently wrapped around her to cover her.

This is how the north dress culturally & Alhamdulillah it agrees with the teaching of Islam.

Eventually the Hijab begin to disappear, starting with kids & unmarried women/ladies. They go out pf their homes without it. Such that once you see a hijab, she’s a married woman.

It’s odd & warned about.

Unfortunately today, both married & unmarried women arE Hijabless outside their homes.

And it’s normal, a father, brother or husband doesn’t feel anything wrong to see his Mum or sister or wife going out semi naked, showing their body curves.

I find it very strange that the same sort of people who look back on the financial crisis and austerity as catalysts for great change now seem to see Brexit and Covid as catalysts for great stability.

Partisanship is one helluva drug. Financial crisis = bad crisis. Brexit = good crisis. Even Covid, unequivocally a bad crisis, is characterised in parts as a good crisis (world beating vaccine etc).

A different reading (which spans Labour, Coalition and Conservative governments) is that 2008-2021 has been one continuous period of crisis punctuated by shorter periods of calm.

Crises aren’t the exception. Scottish independence and the future status of NI look ahead. They are the rule. More specifically, whether the crises are endogenous or exogenous the state has proven woefully ineffective at dealing with them.

We are meant to try to learn from this. And do our best not to apply partisan blinkers. The problems are deeply rooted. And, very obviously, Brexit isn’t the fix. It’s an attempt at a cure but in the same way as a radical therapy that solves some problems but creates others.

Up at 3 am reading Google Scholar on why people are attracted to conspiracy theories.

Some broad themes, people are attracted to conspiracies when:
1. They feel powerless or hopeless
2. Feel alienated, low trust
3. Feel angry, like they are victimized
4. Their worldview has been repudiated

This made me think of another concept, which I think is more associated with history, “loss of empire.” All of those concepts—alienation, hopelessness, victimhood, hostility—can, imo, be emblematic of the emotions of loss of empire.

Seen lots of #“buidl” comments from the #xrpcommmunity. Now, more than ever, you should support changes like Richard Holland’s Hooks for the #XRPL . Let me explain why.

I’ve worked with Richard for several years trying to build on the XRPL. It’s cheap, fast, secure and has the potential to mint tokens. So, why not use it, right? For example, we worked on a self-KYC identity solution called iXRPL. 2/n

It stamps your XRP account with a token from an identity provider that confirms you have KYC’d yourself and allows you to grant single-use access to the underlying data for exchanges seeking to confirm your identity. 3/n

It protects against fraud (e.g. deal only with stamped accounts) and solves the proposed FinCEN rule of KYC’ing private wallets. Everything is encrypted and decentralised and runs on unique consensus protocol Richard developed called HotPocket. We will showcase it soon. 4/n

But for other uses, we kept running into a problem: tokens on the xrpl are controlled by keys, not code. You can split the keys, but you always end up with someone controlling the secrets and those secrets have to be held somewhere. 5/n

1) I had a wonderful Christmas, and I hope everyone else did as well. There was one point in the night where a friend of the family managed to push my buttons, I admit it. Here’s how that went...

The real Xmas miracle is thinking Katherine Murphy is one of the nation’s best political writers, and that The Guardian is left-wing.
She’s not.
It’s not.
Confusing #ScottyFromHillsong with the PM shows how effectively the PMO spins stuff to the Gallery.

Like her colleagues on #Insiders, Murphy laps up the spin and regurgitates it as her special sauce insight.

It’s not insightful, it’s just stenographic repetition of a failing ideology.
It starts from the false premise that our game of mates system is a democracy.
It’s not.

Journalists love to separate base and superstructure as if the political sphere operates independently from the economy.
It doesn’t.
Capitalism requires a veneer of political democracy built on commodity fetishism to mask the economic inequality that is endemic.
Gallery is blind

to this glaring contradiction because they buy into the systemic lie that a formal equality of opportunity exists and that through application of the Protestant work ethic anybody can become a member of the wealthy elite.
They can’t.
Class inequalities are an essential feature

of capitalism and papering them over with idealist gibberish about democracy just perpetuates class divisions.
Journalists don’t see it because they are incapable of critical, independent, materialist analysis.
They cling to the Fourth Estate delusion of objectivity and balance

https://t.co/tUfdrLoH3C