The RV and the Redemption Funds.

ALL Exchanged Currencies as well as all Zim Redemption funds will be placed in the accounts they set up in the Quantum Financial System./1

Absolutely none of these funds will be placed in a Bank at the redemption appointment. Bank computers cannot be programmed to transfer Digital Gold Certificates./2

The QFS can and will transplant funds into a bank account as has been explained earlier,/3

so a person can transfer funds to their own bank account but the desirability will become less and less as the banks go into receivership and their customer’s deposits are confiscated to avoid the Bank’s demise./4

Which bank can compete with the QFS when the QFS is free, secure, private, and stable? One of the major problems in the transition will be the use of Debit Cards for merchant purchases. Will VISA or Mastercard be available?/5

THREAD:

What if I can prove @KLoeffler has direct financial ties to China, doing just a simple open source dive into her recent past?

It’s pretty obvious...follow along:

Travelogue: Ibadan-Hills, Bottoms, Masquerades & Research

More than 15 years ago, I met an Italian who had lodged at KS Motel at Total Gardens, Ibadan.

He was in Ibadan for the first time and he was very fascinated with the city when I informed him that Rome and Ibadan shared a very unique similarity: both of them are built on seven hills. He asked me to take him round Ibadan which I did.

The seven hills are Oke Padre, Oke Ado, Oke Bola, Oke Mapo, Oke Are, Oke Sapati and Oke Mokola. But Ibadan is not just a city of hills. It is also a city of 'bottoms'. Loosely translated, 'idi' means bottom or the backside.

Several people have attached sexual innuendoes to the names. However, the actual translation indicates that some of the 'idis' indicate how the settlers converged at a point thereby leading to how they arrived at the names given.

Go round the city and you can locate Idi-Arere, Idi-Ose, Idi-Ishin, Idi-Ape, Idi-Ayunre, Idi-Obi and Idi-Ito.

(Thread) Why do I own individual stocks?

Thesis:

1. The digitalization of our world is 10% complete.
2. This megatrend will continue for at least another decade.
3. If you enjoy spending your free time on individual stocks, then the potential for outsized returns is possible.

What is my approach?

There are two parts to my portfolio.

- 40% in Vanguard All-World ETF. This is on autopilot w/ regular contributions.
- 60% in what I consider to be high growth stocks

I keep a balance by adding cash. No shuffling around unless it gets too out of whack.

The latter is the interesting part.

I invest in companies that can

1. successfully disrupt an industry with new business models $TTD $SQ $PTON $TDOC

2. further enable the digital transformation with their services and infrastructure $ZS $HUBS $TWLO $CRWD

I intend to hold my shares indefinitely and allow my investments to compound over time.

I don’t believe that it is possible to time the market. Markets go up and down. I hold on knowing that quality businesses tend to bounce back.

The list of reasons to sell is always long.

If you have full conviction in your holdings, then no single piece of “infotainment” should make you change your mind.

Ignore it + people who make predictions about the economy.

Introducing “Financial Service Centers.” The future of the new Financial Service Industry.

There is a need that the banking system has provided for all of society that cannot be eliminated within the new Quantum Financial System./1

The financial system is the glue that holds society together as we go about our commerce one with another. It is essential./2

As long as money is used to exchange goods and services, it is a service that must continue in some form, hopefully, better. Positioning ourselves to perform this service is essential./3

As the Zim Benefactors begin their humanitarian activities, a new Financial Service Industry will need to be created out of the demise of the banks. It is a major facet of society that few Zim Benefactors have given any thought to./4

The Financial Services Industry is just as important as putting food on the table and a roof over the heads of humanity if society is to be successful. Again, it is the glue or mortar, that keeps the bricks of society together./5

Why are states in Nigeria not paid their share of the oil and gas earnings in the currency it was earned in, i.e., the United States Dollars (USD)?

Crude oil in Nigeria is owned by the Federation — the Federal, State, & Local Govt. Shared as follows: 13% is deducted & paid to the oil and gas producing States; next, the Federal Government (FGN) gets 52.68%; the States get 26.72%, & the Local Governments get 20.60%.

When Nigerian crude oil is sold, the proceeds are in USD and get paid to the NNPC/CBN/JPMorgan Account in the US. The Oil taxes, e.g., Petroleum Profit taxes, are also in USD and are collected by the Federal Inland Revenue Service and paid to the Central Bank of Nigeria (CBN

The same thing applies to the royalty bonus collected by the Department of Petroleum Resources (DPR) and paid to the CBN. The CBN then converts the USD sales proceeds to Naira.

The CBN and Ministry of Finance then fund Federal agencies like NEMA and the Consolidated Revenue Fund in Naira, even the 13% derivation is paid in Naira. In other words, while the CBN retains the USD, the Federal, States, and LGAs get Naira

What is the difference between financial econometrics, econometrics and quantitative finance?
@GARP_Risk @CQFInstitute @SOActuaries

Financial Econometrics basically utilizes Financial Market Data to build mathematical and statistical financial models and later analyze the statistical significance and make predictions.

It is generally used by risk managers and economists to predict(forecast) and study the return market characteristics. GARCH models and other Time Series Models are used to study the pattern of Return Volatility Clusters, Tail Dependence Events, Covariances,

Heavy Tails Phenomenon, Serial Correlations, Mean Reversions, Random Walks, White Noise Disturbances, Risk Migrations, Contingent Claim Volatility Smiles, Probability of Defaults, Credit Rating Matrix Volatility, Value at Risk, Deviations from Normality and other prices of assets

Model Validation, Cross-Validation and Selection are also topics of interest that fall within the domain of Financial Econometrics. It is a field which is more dependent on Time Series (inter-temporal) Analysis using data spread over a lookback period.

Layman’s explanation to PE Ratio and how it works.
A long thread! Do Bookmark this for patient reading.

#investing #investors #PEratio

1/ PE (Price Earning) ratio is one of the most important metric used by investors to make decisions while picking up stocks. But, more often than not, it is grossly misunderstood.
Let us decode this metric.

2/ Table of contents
•How to decide what to buy?
oCase A: Case A: Fresh Apple vs Stale Apple
oCase B: Costlier Fresh Apple v/s Cheaper Fresh Apple
oCase C: Apple vs Orange
•How to read PE ratio
•How is PE Ratio misunderstood?
•When will PE Ratio not work?

3/ How do you decide, what to buy?
Case A: Fresh Apple vs Stale Apple

You go to a market and buy an apple. You have a choice to make.
Apple ‘A’ is fresh and juicy. Apple ‘B’ is clearly stale. Apple ‘A’ costs you ₹.20 while Apple ‘B’ costs you only ₹.10.

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.

$NOVN DD Thread (1)

Title: A fundamental analysis covering the most important and valuable information about the recently published 10-Q report of Novan Inc. An in-depth discussion on certain formulations and developments in the area of equity financing and investor interest.

$NOVN Disclosure: This thread is based on in-depth research. In this context, all of the formulations used herein in relation to the quarterly report are backed up by facts. Only thoughts going beyond this are to be regarded as highly speculative. No Investment Advice.

I. Summary of the financial overview

Let‘s start with a look at some numbers on the balance sheet: Total current assets have been increased significantly compared to December 31, 2019. With cash and cash equivalents in the amount of $43,072M we can see that $NOVN...

...has successfully raised capital through different financial options. (I‘ll go into this in more detail in the next chapter.)
In its consolidated financial statements, $NOVN clarifies how this initial financial situation will affect future operating business.

This statement indirectly suggests that the next phase of growth will be dedicated to investors and shareholders. It can be said in support that the term "increasing / maximizing shareholder value" has been used more frequently in recent weeks. $NOVN

The truly violent nature of the US neoliberal bipartisan political establishment is revealed in its commitment to funding racist, militarized police forces above funding healthcare & housing. The same ones who scoff at “defund police” also scoff at funding universal healthcare 1/

They put immense energy toward maintaining a veneer of “civility” by wearing high-priced suits, adhering to a certain decorum with one another & engaging in performative governance. But their policies, words & actions reflect the truly violent nature of their character. 2/

These are people who see little distinction between property & human life, particularly the lives of the poor, nonwhite &/or marginalized. It’s not surprising—given that this is the value system of those who established the nation in the first place,... 3/

...that those most comfortable in the modern day establishment would share this same general viewpoint.

These are not individuals who oppose violence in principle but who instead want to monopolize the use of violence in their roles as gov’t officials & the political class. 4/

What ultimately made the Trump era disruptive to the bipartisan establishment wasn’t racism or violence—the establishment upholds both & he still enjoys support from the majority of Republicans and white voters—but that there was no veneer of civility. 5/

@MotilalOswalAMC annual Wealth creation study is live now. One of the most anticipated financial event in a year.

This year is the 25th Wealth Study and kudos to @Raamdeo for his consistent annual efforts to continue this activity.

This year's theme is coming up with a checklist of 25 questions (checklist) to identify bottom-up stock picking

Infosys in 25 years has compounded its profit from 13 cr in 1995 to 16450 cr

Time is a friend of Good Companies ! What a saying. Compounding delivers it magic over a period of time.

After a couple years of ads telling men to do laundry turned out, weirdly, to not boost fertility, Korea is back to financial incentives, which prior research has shown do work but at a very high price.

Korea is adding a $275/month allowance for the first year of a baby's life, increasing the pregnancy medical benefit by $400 or so, and providing an $1800 baby bonus. There's also some unspecified benefits related to leave and high-parity families.

The thing to understand is that these efforts are not *actually* huge. Quoting things in won gives you big numbers so it's easy to lose sight of the fact that we're not talking about enough money to actually offset a large share of wages.

I'm a fan of baby bonuses and first-year benefits. They're probably the most bang for the buck.

But this isn't actually all that many bucks!

These benefits add up to about $5,500 in benefits. A similar program compared to average incomes in the US would be about $8,700.

Bombs were exploding to expose and take down [D]eep State Swamp Creatures that have been fighting with the Scamdemic and Election Fraud, the RV release and NESARA/ GESARA.

MarkZ reported that Paymasters were told to be back to work on Mon. 28 Dec.

POINTS RELATED TO #MSP

1) MSP does not have any legal backing till now and farmers can't demand it as a right. Its just government policy and an administrative decision to purchase food grains at MSP. And govt can't even force private players to provide MSP. 👇

And even the new Farm Bills does not mention "MSP" or " government procurement".

CACP, which recommends MSP, is again not a statutory body and its just an office attached to Ministry of Agriculture. CACP just recommends MSP but the decision on fixing and even not fixing 👇

and its implementation lies with Govt.

See there are two things, ONE is declaration of MSP and the SECOND is procurement of food grains at MSP by Govt. Agencies. The declaration of MSP has no meaning (its worthless) if Govt. agencies are not procuring at MSP. 👇

Govt. declares MSP for 25 crops but procurement mainly happens only of Wheat and Rice from Punjab and Haryana. Its practically impossible to purchase the entire 25 crops from all over India at MSP. And there is whole lot of CORRUPTION in FCI MSP operations and govt. 👇

is loosing lakhs of crores of rupees every year in subsidy, not resulting in any benefit to poor but helping only few big farmers. THAT IS WHY GOVT. don't want MSP to make a LEGAL RIGHT.

2) Why farmers are scared about the agri reforms???👇

Are you excited for our December episode of Kairos?
This time we're exploring 🤹🏽‍♂‍Financial stability 🤹🏽‍♂‍

#‍Financialstability

Missed the trailer? Quick recap:
👨🏽Maran, 48, Public Sector Bank Employee
❓Retire or be financially responsible
👴🏽ailing father
👩🏽‍🎓✈️daughter wants to study abroad
✅⏲️Right time for VRS?

Make guilt-free decisions about your future with a customised ithought #financialplan!

💧=🦸🏽
Liquidity = Power
Make a power move in your forties!
Review your investments and create liquidity with what you already have

But Maran is worried about his family😟😟😟
Who will take care of his father?
How will his daughter manage her #education expenses?
Can his wife repay his home #loan?
There's one thing that can lay Maran's financial worries to rest...