BC ACCOUNTING
Saved by @patil_rushikesh

Accounting is the language of business.

10 threads that will teach you more about accounting than any accounting degree:

 1/ Who: @10kdiver

What: Understand the balance sheet

Tweet:
https://t.co/0sCapknwCW
2/ Who: @SoulFairy3

What: Income statement primer

Tweet:
https://t.co/VlZcolscoG
3/ Who: @BrianFeroldi

What: Income statement mastery

Tweet:
https://t.co/N7DWRMvjsQ
4/ Who: @AliTheCFO

What: Profit vs cash flow

Tweet:
https://t.co/nD8m1sTA73
5/ Who: @Dividend_Dollar

What: Researching stocks

Tweet:
https://t.co/LHCMo1HHKi
6/ Who: @FabiusMercurius

What: Read financial statements like a hedge fund PM

Tweet:
https://t.co/hsgnvdQJHC
7/ Who: @baldridgecpa

What: Tax savings from your side hustle

Tweet:
https://t.co/zJYu5UC4pf
8/ Who: @DivCultivator

What: Cash flow quadrant

Tweet:
https://t.co/uAlLKfEfi0
9/ Who: @trengriffin

What: What does "losing money" mean?

Tweet:
https://t.co/PEfujJiTc4
10/ Who: @acouplecents

What: Capital gains tax uncovered

Tweet:
https://t.co/tL5Vg8S99F
Follow me @thealexbanks for more threads on business, finance, community and growth.
If you enjoyed this thread, here's another I think you'll love:
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Help the community grow and quote tweet this thread:
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More from Alex Banks

Alex Banks
Alex Banks
@thealexbanks
Want to be a 10x better communicator than 95% of people?

Use McKinsey's 3-step Pyramid Principle:

McKinsey is the most powerful consulting firm on earth.

• $10B in revenue
• 30,000+ employees
• 90+ years of history

This is their 3-step process for structured communication:

1/ Start with the answer first

It's natural to build up to a conclusion after presenting the facts.

Instead, give the answer first.

This allows your listener to quickly process your recommendation.

"What should we do?" → "You should do X."

You'll be more persuasive.

2/ Group and summarise your supporting arguments

Your ideas should form a pyramid under your answer.

Your ideas at one level must be a summary of the ideas below.

For each supporting argument, break down into a group of 3.

Three is the magic number– memorable and persuasive.


3/ Logically order your supporting ideas

You want to make sure your ideas belong together.

1. Time order - follow if there is a sequence of events
2. Structural order - break a single thought into its parts
3. Degree order - present your ideas from most to least important
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Alex Banks
Alex Banks
@thealexbanks
I have a masters degree in finance.

But I've learned 10x more from Twitter.

10 threads that will make you a better investor:

1/ Who: @naval

What: Principles to wealth creation

Tweet:


2/ Who: @10kdiver

What: Achieving financial freedom

Tweet:


3/ Who: @trengriffin

What: Money flows as a function of the


4/ Who: @girdley

What: How to get paid when investing in a new
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Alex Banks
Alex Banks
@thealexbanks
Climbing the corporate ladder takes time.

10 threads that will accelerate your career:

1/ Who: @RomeenSheth

What: Get in half way up the ladder

Tweet:


2/ Who: @slizagna

What: Resume


3/ Who: @heykahn

What: Soft skill


4/ Who: @SahilBloom

What: Nail the
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Alex Banks
Alex Banks
@thealexbanks
Investing can be complicated.

Let's make it simple.

10 terms every entrepreneur and investor should know:

1/ Internal Rate of Return (IRR)

IRR tells you what your average return is when time value of money is factored in.

Let's say you have an option to get 100K today or 100K in 5 years.

You would obviously prefer to get paid today so you can reinvest.


This also prevents future inflation from eating your purchasing power.

An investment that realises returns sooner than later will have a higher IRR.

2/ Multiple of Money (MoM)

Also known as cash-on-cash return or multiple of invested capital (MOIC).

Example:

Total cash inflows (proceeds from sale of a company) = $100M
Total cash outflows (initial investment) = $10M

MoM would be 10.0x.


3/ Rule of 72

A “back-of-the-envelope” method to calculate how long it would take your investment to double (2x).

Example:

How long would it take to double my money if I invest in the S&P 500?

S&P 500 average return = 8%

= 72 / 8

= 9 years
ALL
Alex Banks
Alex Banks
@thealexbanks
The 10 best AI businesses to start with ChatGPT right now:

AI is going to contribute $15.7 trillion to the global economy in 2030.

This is more than the current output of China and India combined.

Instead of thinking about what it will be like in a decade,

Here's how you can take advantage of the opportunity right now:

1/ Copywriting

In a few seconds you can write powerful sales copy that any company would be inclined to use.

Here's how you can start monetising and stand out:

• Create a Fiverr account
• Standard delivery is often 2-7 days for website copy
• Your delivery will be 2 hours


2/ Translation

Translators are often limited to 2-5 languages.

You know every language under the sun with ChatGPT.

You can offer your services to millions of people and output more work than would ever be humanly possible.


3/ Customer service

It's expensive for companies to hire customer service representatives.

You can start an agency to help these online businesses manage their customer service easily.

Find virtual assistants for $3-5 per hour and have them operate ChatGPT for you.
ALL

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Screening Stocks Enjoy 'My StressBusters'
Screening Stocks Enjoy...
@Coolfundoo
Q&A 161

Read this 🧵to understand ROE, PE & relationship between them.👇

PE expansion to bridge the Gap (if any) between ROE & PE.

RT if you find this helpful.

1


ROE is PE's brother from another mother / Half-brother (Sautela Bhai)

@Atulsingh_asan

2


ROE & PE definition continued..

Keep an eye on Equations !

3


Establishing Relationship between ROE (profitability) & PE (valuation).

Replace Market Capitalization with Book value in Earnings Yield (or PE) we get ROE.

4


Understanding ROE & PE deeper with Dupont Analysis.

5
ACCOUNTING , ROEPE
Sajal Kapoor
Sajal Kapoor
@unseenvalue
MCap is a function of market sentiments. Balance sheet, cash flows, R&D execution, talent acquisition, regulatory compliance, M&As and so on....are a function of management/governance. Never mix the business with the stock. Stock is not the business. Business is not the stock :)
ACCOUNTING
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Peter de Vietien
Peter de Vietien
@peterdevietien
@10kdiver Ah thank you. Yeah so strange! Maybe Twitter just hates me.
ACCOUNTING
Intrinsic Compounding
Intrinsic Compounding
@soicfinance
Everything about Free cash Flow Simplified!

What we will talk about in this 🧵🧵:

1⃣What is Free Cash Flow
2⃣How to calculate Free Cash Flow
3⃣Types of Free Cash Flow
4⃣Importance & Limitations of Free Cash Flow

Let's dive in ⤵️⤵️


What is Free Cash Flow?

Free cash flow means the cash that is left over after a company pays for its operating expenses and capital expenditures (Capex) like purchasing new machinery, equipment, land & building, etc. and satisfying all its working capital needs.

In simple words, suppose whatever cash that is left with you after you spend your salary or income is known as Free cash flow that you can use for different purposes.

The more FCF a company has, the better it is. Businesses which generate high FCF can:-

1⃣Give investors higher dividends
2⃣Do share buybacks
3⃣Build a war chest for acquisitions or Capex.
4⃣Reinvest in the business when opportunity arises with lesser dependence on debt.

How to calculate Free Cash Flow👇:

To calculate free cash flow, all you need to do is open the Cash Flow Statement and subtract "Net Capital expenditure" from "net cash from operating activities".
ACCOUNTING
Techno Funda Investing
Techno Funda Investing
@TechnoFunda6
Thread 🧵explaining #ROE & #ROCE and its use in #FundamentalAnalysis

(Must read for #FA learners)

🙏Like & RT to spread learning with all 🙏

Views Welcome 👉 @dmuthuk @Vivek_Investor @datta_arvind @caniravkaria @FI_InvestIndia @AdityaD_Shah

#FundamentalAnalysis #StockMarket


1⃣

Return on Equity (#ROE) and Return on Capital Employed (#ROCE) are two important Financial Ratios used in #FundamentalAnalysis of Stocks.

#StockMarket #Investing

2⃣

Return on Equity (ROE) is the ratio of Net Income (Net Profit) of a company and it’s Total Equity (Shareholder's Equity).

Here - Shareholders Equity = Share Capital + Reserves & Surplus.

#StockMarket #Investing #FundamentalAnalysis


3⃣

#ROE is a measure of how much net profit a company is making for every rupee invested by its shareholders in the company.

It can be said that higher the ROE, better it is for the equity shareholders. It tells shareholders about how effectively their money is being used.

4⃣

However, you should not trust high ROE blindly. Biggest drawbacks or weaknesses of ROE is that it completely ignores debt.

Hence for companies having high levels of debt, ROE will give a higher but misleading value & therefore we need to look at #ROCE along with #ROE.
ACCOUNTING , FUNDAMENTAL ANALYSIS , ROE VS ROCE ANALYSIS

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Ancient Egypt was the most advanced civilization in the ancient world. Why was Egypt so special?

There are so many firsts in Egypt that we all know about, and that makes Egypt unique. For example, the Sumerians did not build the pyramids of Egypt.


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The first ever world map was sketched thousands of years ago by Indian saint
“Ramanujacharya” who simply translated the following verse from Mahabharat and gave the world its real face

In Mahabharat,it is described how 'Maharishi Ved Vyasa' gave away his divine vision to Sanjay


Dhritarashtra's charioteer so that he could describe him the events of the upcoming war.

But, even before questions of war could begin, Dhritarashtra asked him to describe how the world looks like from space.

This is how he described the face of the world:

सुदर्शनं प्रवक्ष्यामि द्वीपं तु कुरुनन्दन। परिमण्डलो महाराज द्वीपोऽसौ चक्रसंस्थितः॥
यथा हि पुरुषः पश्येदादर्शे मुखमात्मनः। एवं सुदर्शनद्वीपो दृश्यते चन्द्रमण्डले॥ द्विरंशे पिप्पलस्तत्र द्विरंशे च शशो महान्।

—वेद व्यास, भीष्म पर्व, महाभारत


Meaning:-

हे कुरुनन्दन ! सुदर्शन नामक यह द्वीप चक्र की भाँति गोलाकार स्थित है, जैसे पुरुष दर्पण में अपना मुख देखता है, उसी प्रकार यह द्वीप चन्द्रमण्डल में दिखायी देता है। इसके दो अंशो मे पीपल और दो अंशो मे विशाल शश (खरगोश) दिखायी देता है।


Meaning: "Just like a man sees his face in the mirror, so does the Earth appears in the Universe. In the first part you see leaves of the Peepal Tree, and in the next part you see a Rabbit."

Based on this shloka, Saint Ramanujacharya sketched out the map, but the world laughed
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@hathyogi31
#3/thread on Angkor wat

Christianity and islam may be the largest religion of today’s world but Sanatan dharm has the largest religious monument in the world in the form of Angkor wat. It is situated in combodia and spread across over 400 acres / 1.6 km².


It was listed as a UNESCO World Heritage Site in 1992, which encouraged an international effort to save the complex.
It was originally built as a Hindu temple dedicated to the god Vishnu. In Khmer, the Cambodian language, Angkor means "city" and Wat means "temple grounds".


So Angkor Wat means "Temple City". Its original name was Vrah Vishnuloka or Parama Vishnuloka, meaning the sacred dwelling of Vishnu in Sanskrit.
But, it gradually turned into a Buddhist temple towards the end of the 12th century & is still used for worship today.


Angkor Wat was initially designed and constructed in the first half of the 12th century, during the reign of Suryavarman II, as the king’s state temple and capital city. It was built without the aid of any machinery, as there was no machinery available at that time.


Evidence for these dates comes in part from inscriptions, which are vague, but also from the architectural design and artistic style of the temple and its associated sculptures.

Another aspect is that the five central towers of Angkor Wat symbolize the peaks of Mount Meru,
HISTORY
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History Under Your Fee...
@HUFToday
#TodayInHistory Ram Prasad Bismil,Ashfaqullah Khan and Roshan Singh are hanged in 1927, as they give up their life for the cause of freedom and inspire many a revolutionary. #LestWeForget


Shahjahanpur was a hub of revolution during the freedom struggle. Most of the revolutioaries in the North, were from this town. And among them, the most famous were two friends, whom destiny would bring together- Ram Prasad Bismil and Ashfaqullah Khan.

Ashfaqullah Khan was born at the turn of the 20th century on October 22, while Bismil was born 3 years earlier on June 11, in the same town. Both of them were excellent writers in Urdu and Hindi.

Both of them would come together under the Hindustan Republican Association, not to mention the fact that Ashfaq was an admirer of Bismil’s poetry, and became close friends with him on that account.

And both these men were hanged on the same date, December 19, 1927 for their involvement in the Kakori event. Two men from different religions, different backgrounds, yet destiny would bring them together.
HISTORY
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(っ◔◡◔)っ 💙 𝑀𝒶rymo Belfa...
@MarymoBelfast
THREAD PART 1.

On Sunday 21st June, 14 year old Noah Donohoe left his home to meet his friends at Cave Hill Belfast to study for school. #RememberMyNoah💙


He was on his black Apollo mountain bike, fully dressed, wearing a helmet and carrying a backpack containing his laptop and 2 books with his name on them. He also had his mobile phone with him.

On the 27th of June. Noah's naked body was sadly discovered 950m inside a storm drain, between access points. This storm drain was accessible through an area completely unfamiliar to him, behind houses at Northwood Road. https://t.co/bpz3Rmc0wq


"Noah's body was found by specially trained police officers between two drain access points within a section of the tunnel running under the Translink access road," said Mr McCrisken."

Noah's bike was also found near a house, behind a car, in the same area. It had been there for more than 24 hours before a member of public who lived in the street said she read reports of a missing child and checked the bike and phoned the police.
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