Things like these are getting sold for millions.

Is this madness or is there some mega-trend at play?

Let's understand the NFT craze: 👇👇

1) NFT?

- It is an asset on a blockchain network (eg. Ethereum network)
- B/c the data can be tracked, it has a clear proof of ownership.
- And, like the Monalisa painting it holds no value if it is broken down (hence, it is non-fungible)

- Example:

Jack Dorsey's Tweet

2) Just because you 'own' a NFT does not mean that you get to do whatever you like with it: 

- For example, you can't change Jack's Tweet above even if you are the owner.
- Or hide it from people.

Oh then what's the point? 👇

3) Owning a NFT gives you multiple advantages

For one, bragging rights.

- If you own the Tweet, you get to say: "hey, I am a baller and I own such cool things".

- You will then be invited by news channels or whatnot and you elevate your social circle.

But is that all? NO.

4) NFTs have real value:

- Example: imagine if you could own Picasso's paintbrush. Its value? probably in millions.

- Same goes for other 'rare NFTs'. So a lot of rare NFTs like Crypto Punks have been minted.

- The best part: in the NFT world, the proof is traceable.

Top financial Twitter handles:-

🚀 @dmuthuk

🚀 @tradewithnamit

🚀 @SandeepKrJainTS

🚀 @position_trader

🚀 @BhartiyNiveshak

🚀 @nakulvibhor

🚀 @Justsiva123

🚀 @RajarshitaS

🚀 @sahneydeepak

🚀 @IntradayGeeks

🚀 @Atulsingh_Asan

🚀 @kuttrapali26

Your favourite?

@ipo_mantra My picks for next 5 years for multibagger stocks.

1. Tanla Platforms

2. MCX

3. CDSL

4. Trident

5. Xchanging Solutions Ltd

6. Nykaa

7. Bajaj Finserve

8. Tata Power

9. Ami Organics

10. United Spirits Limited

Any suggestions to add?

University of Finance Twitter:

Options: @DanFitzpatrick
Charts: @TrendSpider
Charting: @Trendspider_J
eCourses: @MarwoodJB
Stocks: @DanZanger
Forex: @austinsilverfx
Trading: @Rayner_Teo
Journal: @tradesviz
Screener: @ezstockscreener
Micro-caps: @iancassel
Finance: @dmuthuk

Personal Growth: @Wealth_Theory
Financial History: @charliebilello
Personal Finance: @thewealthdad
1 on 1 Mentor: @GossettTrading
GIFs: @jposhaughnessy
Start ups: @naval
Psychology: @TradingComposur
Felines/equities: @StockCats
Funny: @dougboneparth

Name another subject/teacher

The Business Model of Indian Hospitals Simplified.

“We are blessed to be living in a country where the cost of healthcare is the lowest in the world.” ~Dr. Devi Shetty, Narayana Health

A thread 🧵👇

1/ In the Indian healthcare delivery market; the pharmaceuticals market is 20% of the pie. While Hospitals market is 3x that of theirs.

Big opportunity size, however, is it investment-worthy? Let's see.

2/ Before we get into the details:

Do brush up on the different abbreviations associated with the Hospitals & the Pharmaceuticals industry in General, for example ALOS, ARPOB, NABH, etc.

Inpatient (IPD): Need to get hospitalized
Outpatient (OPD): No need to get hospitalized

3/ The hospitals are of basically 3 types:

Primary: For OPD only (no beds), sends to below hospitals for further treatment

Secondary: IPD & OPD in medium-sized general hospitals

Tertiary: Can treat all complex ailments & huge in size, Major listed companies are focused here.

4/ Hospitals can also be classified based on Ownership & management:

Here, the listed companies either are in private or manage hospitals owned by others (Asset light business, due to the very high land prices in metro cities)

Top 10 Useful Stock Market Related Apps:
1) Screener
2) Rate Star
3) BSE India
4) Valuepickr
5) Tickertape
6) Stock Edge
7) Investopedia
8) Tijori Finance
9) Markets Mojo
10) Moneycontrol

Bootstrapped entrepreneurs always have the last laugh.

A son of Iranian immigrants turned a single LA retail store into a $1,000,000,000+ ecommerce giant.

All with $0.00 in funding

Here’s the story 👇🏽👇🏽👇🏽

1/ Richard Saghian was born in 1982.

His family was a minority group of Jewish-Iranians who fled during the revolution.

After moving to America, they got into women’s fashion retail.

In 2006, Richard followed in their footsteps…

2/ He started his own store. His idea was simple: affordable, unique clothes to wear to the club.

His goal was to open 100, but he stopped at 5.

Early on, he had the idea of opening up an internet store...

3/ The web dev he hired quickly talked him out of it, “where will you get traffic?” was a question Richard couldn’t answer.

After a few years, the retail stores were going nowhere…

4/ In 2013, Richard noticed several stores online selling the same clothes for over twice what he charged.

He created an Instagram account, took some of his best selling styles and started posting them every day.

At first, crickets.

But then, something magical happened…

My University of Finance

Options:
@QuarantineTrad1
Calls:
@sahneydeepak
Intraday:
@IntradayGeeks
Mindset:
@ProdigalTrader
R&D:
@SandeepKrJainTS
Scalping:
@Justsiva123
Charts:
@RTSTOCKVIEW
Patterns:
@rohanshah619
IPO:
@ipo_mantra
BTST:
@AnInvesting
Analyst:
@kuttrapali26

Keyboard shortcuts guide .

Top Stock Market Analyst,

@Ayushgarg1997
@SandeepKrJainTS
@JayThakkar22
@MarketScientist
@Vishvesh03
@AmitabhJha3
@ashish_tn
@Rishikesh_ADX
@MaverickAmit01
@ashish_tn
@sumeetbagadia
@nishkumar1977
@kiran_jadhav_
@kuttrapali26
@AnilSinghvi_

Anyone Else??

Mallakhambh at the Puri beach - State trials. Happy to see such great talent in traditional sports 👏👏👏

Mega-Thread: 50 Pearls of Wisdom from Rakesh Jhunjhunwala on Life and Stock Markets

Would appreciate a Retweet or like as it helps educate more investors and inspire us to work harder on more upcoming threads👇🧵

1) Never in my life have I have made an investment when a stock is popular.
In fact, I like to invest when the stock is not popular.

2) If a girl is beautiful a suitor will come.
If a stock is beautiful, a suitor will come.
So I don’t search for suitors when I invest.

3) Respect the market.
Know what to stake.
Know when to take a loss.
Be responsible.

4) Emotional reactions are a sure way to make a loss in stock markets.

5) Anticipate trends and benefit from them.

6) Traders must go against human nature.

7) Successful investors are opportunistic and optimistic ones.

8) Growth comes out of chaos.

9) The market is above individuals. The market is rational. An individual can never be smarter than the market.

10) Maximize profits and minimize losses.

11) Invest in a business,
not a company.

12) When in doubt, listen to your heart.

The benefits of life-changing activities are non-linear.

At first, you don't notice any real difference. But 12-months later, your life is totally different.

I've experienced this personally with:

- Exercise
- Investing
- Meditation
- Learning a new skill.

Just start.

Stock Market

~ Understand business
~ Don't chase momentum too much
~ Avoid speculation/ noise/ hopes
~ Avoid FOMO
~ Avoid Averaging down
~ Avoid Spontaneous trades
~ Don't jump into volatility
~ Have goals, have strategy
~ Reduce losers
~ Control emotions
~ Review self often

My 🔟 Biggest Trading Mistakes 🧵

1⃣ Not having a trading plan

Initially, I had no proper trading plan.
Risk and rewards were not defined.

even when I tried to make a plan, I couldn't stick to it due to 2nd guessing and ended up making losses.

Overtrading and oversize are normal for traders without plan.

2⃣ Trying to buy bottoms and selling tops

'Squeezing the last drop of profit is the sure recipe to get rekt'

I tried to buy oversold stocks and sell overbought stocks..
Guess what??
ended up making losses

In trading, momentum is our friend, Try to be in the direction of trend.

3⃣ selling a big winner early

I bought #Adanient at INR 510

I sold few days later after a 10% gain

Current price: INR 1500

I was in a rush to take profits, so I missed out on HUGE upside

If the opportunity is huge, hold!

4⃣ Not buying stock due to high price

I've made this mistake over and over again

I didn't buy Adani stocks at last year because the prices were high

Current price: Higher

In trading, Buy high sell higher is a better strategy than buying low selling high.

Your maggi might not get ready in 2 minutes, but you can learn about interesting highlights for the week in 2 minutes.

Check our weekly video highlight. More details in blog.
#MultipieWeekly

Low-risk, High-return stocks are what we look for relentlessly

But many of them we know but ignore
some of them don't grab financial headlines

Here are 10 low-risk, high return stocks (that we ignore):

What I mean by “high-return”?

These stocks have OUTPERFORMED the market:

💹Chart with upwards trend Since IPO
💹Chart with upwards trend Over the last 5 Years or since IPO

These are all long-term winners that will keep on winning

What do We Mean by “low-risk”?

A combination of:

❣️Great management
❣️Broad moat
❣️Financially strong
❣️High ROCE
❣️Low Disruption/Dilution/Volatility
❣️Consistent Organic Growth
❣️Assorted Customers/Suppliers
❣️Low debt

1-#CDSL

A depository is a big business and will grow continuously, Its a sustainable business
cause "Market hai toh CDSL bhi hai or rahega"

2- #Dixon

High Management Efficiency with a high ROE of 19.30%
Healthy long-term growth as Net Sales has grown by an annual rate of more than 30%
High Institutional Holdings

I was at Amzn in 2000 when the internet bubble popped. Capital markets dried up & we were burning $1B/yr. Our biggest expense was datacenter -> expensive Sun servers. We spent a year ripping out Sun & replacing with HP/Linux, which formed the foundation for AWS. The backstory:

My first week at Amzn in '99 I saw McNealy in the elevator on his way to Bezos' office. Sun Microsystems was one of the most valuable companies in the world at that time (peak market cap >$300B). In those days, buying Sun was like buying IBM: "nobody ever got fired for it"

Our motto was "get big fast." Site stability was critical - every second of downtime was lost sales - so we spent big $$ to keep the site up. Sun servers were the most reliable so all internet co's used them back then, even though Sun's proprietary stack was expensive & sticky.

In 2000, brand new Sun servers started appearing on eBay for 10 cents on the dollar as VC-backed start-ups went out of business (this was pre-AWS when you had to roll your own datacenter). Amzn could have negotiated a better deal with Sun, but Jeff chose a more radical approach.

Amazon's CTO was Rick Dalzell - ex-Walmart, hard-charging operator. He pivoted the entire eng org to replace Sun with HP/Linux. Linux kernel was released in '94, same year Jeff started Amzn. 6 years later we were betting the company on it, a novel and risky approach at the time.