1/13

$Band vs $link dep dive.

In many if not most use cases band protocol will be used ALONGSIDE that of #chainlink. $Band has a stronghold in South East Asia and will also generally pull it's data from different sources than link.

2/13
They are both working on verifying data validity right now but to answer the question plainly, there is not going to be one #Blockchain solution in any of the fields to rule them all, this is a perfect example of two block chains that will work in tandem with each other.

3/13
$link has seen mass adoption and band has a long way to go, but by the look of who is invested in #Band (sequoia capital) and the fact that they are already being used in conjunction with each other, I see a bright future for this #chainlink ally! (Not competitor).

4/13
These definitely are in the same market, but don't let that worry you, $Band does differentiate itself enough to make this more of an oligopoly than a monopoly. I see more financial gains in band if you invest now, but of course there is no reward without risk.

5/13
#Bandchain has the bonus of being built on cosmos technology that will allow it to easily interconnect with other blockchains and make it easier to be an oracle source for other non-Ethereum based smart contracts that need a decentralized oracle.

Lemme do some quick back of the envelope math about wages.

On a busy day at the pizza place, we'd have the following crew:

Drivers: $2/hr Tip Wage - 44 man-hours
Insiders: $8/hr - 20 man-hours
Managers: $12/hr - 22 man-hours

For a total of ~$512. Aiming for ~15-20% of sales. /

That works out to ~17% on a ~$3000 night, so that's bang-on target.

Let's say we raised everybody there to a $15/hr wage.

We'd end up adding $778 to labor for the day.

More than doubling! That sure sounds like a lot!

But hang on a second.

Let's assume for easy math that what we're selling is $10 one-topping large pizzas.

For 3k, we're selling 300. We've got to divide up that 778 between the pizzas.

That raises the price of each pizza from $10 to $12.59.

"That's... well, not huge, but it's still more money!"

Definitely! But, here's something important.

The price of a pizza has actually gone down.

Remember, money isn't real! It's a representation of the time worked.

The vast majority of the people we had been selling that pizza to weren't making $15 an hour before. We were in a college town, that manager wage of $12/hour was a /good/ wage. WE were buying that pizza.

A 21-Tweet summary of 𝗧𝗵𝗲 𝗣𝘀𝘆𝗰𝗵𝗼𝗹𝗼𝗴𝘆 𝗼𝗳 𝗠𝗼𝗻𝗲𝘆, by @morganhousel.

1/21
A genius with poor emotional control can be a financial disaster.

An ordinary person with a handful of behavioral traits can be wealthy.

2/21
Every person has unique experiences that shape their views about money.

What makes no sense to you might be completely rational for someone else.

You don't know what they know.

Don't judge their monetary decisions based on your worldview.

3/21
Not all success is due to hard work. Not all poverty is due to laziness.

Acknowledge the role of luck and risk in all outcomes.

When you're taking risks, try to protect your downside.

When you get successful, acknowledge the role of luck.

4/21
'Enough' is a decision, not an amount.

Learn when to make it, and don't fall into the trap of risking your reputation for the chance to earn more money.

#Global #ETF Weekly (thread): 15 Jan 2021

- 2020 worst perf #sector making comeback in 2021 $IXC

- This is helping #oil producing countries with #Nigeria, #UAE & #Russia in top5 #Country ETF YTD performers in USD $NGE $UAE $ERUS

- Few countries moving in red this week

2/8

#Global #Value #stocks still making short-term recovery, with $IWVL #ETF still looking very strong relatively over the short-term. Over 3yr period it is however still lagging quite substantially.

This should be interesting for this months #OrbisvsSP500 unofficial challenge

3/8

This one is worrying, but then again, it's been for some time. #Global #Tech #stocks relative to #MSCI All Country World Index is definitely creating some concern. Be very careful.

$IXN vs $ACWI

4/8

Know this one might create some controversy, therefore disclaimer 1st. I'm also not positive on #US #Bonds over longer-term. But be careful over short-term as $TLT #ETF relative to $SPY indicate oversold (bonds) &/or overbought (equities) & could see profit taking. #stimulus

5/8

This 👆🏼 could be positive for #Gold. Comparing $GLD (gold price) #ETF with $GDX (#Goldminers), one can see that miners getting close to gold ($/oz). Relative not cheap yet & can still see further weakness. Will do separate tech tweet on GDX later. In short wait for $32.20.

1/ For anyone who is on the fence about @growclass, I remember the exact moment I was sitting in my car in the parking lot on September 9th, 2020 calculating on the phone what the ROI would need to be for me to join the program.

2/ I had calculated that if this program got me about 11 extra students paying $250 CAD each over the next 12 months, this course would pay for itself.

Considering how much I have valued @skstock's help and advice, I was confident it would be at least that, probably more.

3/ In fact, after I already joined, Sarah challenged me and said "let's make that goal 25"! And I got excited but was skeptical if even with some great tools and education I would be able to pull that off.

25 * $250 = $6,250

4/ So my advice to anyone trying to figure this out, if you're running your own business is to ask yourself 2 questions:

1. "How many extra sales will I need over the next 12 months to pay off the cost of this program?"

2. "Do I think that this program will do at least that?"

5/ What happened in @growclass is that I learned how to better talk about the benefits of my program and write better and got custom-tailored help/iteration and advice from the incredible community on my landing pages and copy.

From yesterday on @realmoney @WilfredFrost @andrewrsorkin @beckyquick
Jan 14, 2021 | 07:50 AM EST DOUG KASS
The Easy Money Has Been Made in Banks
* The setup into the current reporting period is poor

* With bank stocks elevated, in-line to slightly lower reports, relative to

consensus expectations, could modestly disappoint traders and investors - particularly if my market concerns pan out

* Consider hedging bank stocks or writing calls against positions now

There was near a universal view that bank stocks were unattractive in March-April last

year.

When the ($XLF) was about $21, and I was buying, it was over $31.50 in pre-market trading, one analyst on our site said it was patently foolish to expect a rally in the sector. As to leading the market it was next to unimaginable to that observer.

A well-known

commentator on CNBC said banks were uninvestable because of some vague theory and narrative that they have permanently lost their competitive advantage. (He is now long!)

Others have just wobbled back and forth without any conviction.

I spent months in my Diary, in the media

and in speeches, outlining the merits - both short and long term - of the banking industry and stocks. I am sure, as the stocks traded near their lows, many were fed up with my own theories on the banking industry's attraction.

The rest is history.

Of late, bank stocks have

The Charity Tax Group and @CFGtweets have submitted Budget representations to @hmtreasury calling for an improved tax system for #charities in the aftermath of Brexit and COVID #charitytax 1/ https://t.co/mCiCpSQj2g

Existing charity tax reliefs should be protected & tax compliance and administration simplified. Protecting existing business rates & VAT reliefs is crucial as is future-proofing tax systems and legislation #charitytax #budget2021 2/

COVID-related support measures, such as the #JobRetentionScheme, #ExpandedRetailDiscount & temporary #5percentVAT rate on hospitality, hotel & holiday accommodation and admissions have helped many charities * should continue where possible while lockdown restrictions continue 3/

We call on Government to review the structural distortions caused by the VAT system resulting in significant #irrecoverableVAT for #charities. We also call on the Government to protect VAT reliefs and exemptions in the aftermath of Brexit #charityvat /4

We call on the Government to protect #charity #businessrates relief in England (worth almost £2bn) following the recent “Fundamental Review”. Compliance measures are important but should be targeted and proportionate #budget2021 /5

Southampton’s 2019/20 financial results covered a “successful” season when they improved their position in the Premier League from 16th to 11th under manager Ralph Hasenhüttl, but their finances were significantly impacted by COVID-19. Some thoughts follow #SaintsFC

#SaintsFC pre-tax loss widened from £41m to £76m, as revenue fell £23m (15%) from £150m to £127m and profit on player sales decreased £7m from £21m to £14m, while total expenses grew £5m. Loss after tax increased from £34m to £62m.

#SaintsFC £23m revenue fall was driven by broadcasting’s £19m (17%) decrease from £113m to £94m, mainly due to 6 Premier League games being played after 30 June accounts close. Match day was also down £2.6m (15%) to £14.5m, while commercial dipped £1.1m (6%) to £18.7m.

#SaintsFC wage bill fell slightly by £1m (1%) to £114m, while other expenses were £9m (24%) lower at £29m. On the other hand, player amortisation rose £6m (11%) to £57m and there were £10.8m exceptional costs (player impairment £6.4m and onerous contracts £4.4m), up from £2.3m.

#SaintsFC £76m loss before tax is 2nd highest to date in 2019/20 Premier League, only surpassed by #EFC £140m, but better than #THFC £68m and #MUFC £21m. Due to the pandemic, it is likely that other clubs will also post substantial losses when they publish their 19/20 accounts.

1/ History of the Cabal THREAD

Once things start to be revealed, this may be helpful for you to educate your friends and family. Many of them will likely be very confused and scared. I pulled this information from a couple of drops/posts.

DEC 8, 2020: a foreign account made a simultaneous transfer of 28.15 bitcoins — worth $500,000+ at the time — to 22 different virtual wallets, most belonging to prominent right-wing orgs & personalities

“I’d be stunned if both nation-state adversaries & terrorist orgs weren’t figuring out how to funnel money to these guys..Many of them use fundraising sites..that are virtually unmonitored & unmonitorable. If they weren’t doing it, they’d be incompetent.” fmr FBI official

cryptocurrency researchers believe they know who made the transfer, and suspect it was intended to bolster those far-right causes.

While the motivation is difficult to prove, the transfer came just a month before the violent riot in the Capitol, which took place after Trump invited supporters to “walk down Pennsylvania Avenue” and “take back our country.”

Right-wing figures and websites, including VDARE, the Daily Stormer and Nick Fuentes, received generous donations from a bitcoin account linked to a French cryptocurrency exchange, according to research done by software company Chainalysis