1/ An ode to @JeffBezos

Jeff is stepping down from CEO and moving on to Executive Chairman

He's one of the greatest owner/operators of all time

$10,000 invested in $AMZN at IPO is currently worth

$17.3 million!

Here's a list of my favorite Bezos facts and quotes 👇

2/ "We don’t celebrate a 10% increase in the stock price like

we celebrate excellent customer experience.

We aren’t 10% smarter when that happens

and conversely

aren’t 10% dumber when the stock goes the other way."
3/ Bezos invested $250,000 in Google in 1998

That's worth several BILLION dollars today
4/ "Your margin is my opportunity"
5/ "There are two kinds of companies,

those that work to try to charge more

and those that work to try to charge less.

We will be the second."
6/ Amazon is the world’s largest corporate purchaser of renewable energy

It will be 100% run on renewable energy by 2025

five years ahead of its initial 2030 target.
7/ "Stress comes from ignoring the things

that you shouldn't be ignoring."
8/ "The common question that gets asked in business is

'why'

That's a good question, but an equally valid question is

'why not'?
9/ "Percent margins don't matter.

What matters always is dollar margins; the actual dollar number.

Companies are not valued on their percent margins,

but on how many dollars they actually make."
10/ "You have to be willing to be misunderstood if you're going to innovate."
11/ "What's dangerous is not to evolve."
12/ Amazon originated The Climate Pledge with Global
Optimism to achieve net-zero carbon by 2040

It has convinced 21 companies to sign up so far, including Coca-Cola European Partners, JetBlue, Microsoft, Uber, and Unilever
13/ "We've had three big ideas at Amazon that we've stuck with for 18 years.

Put the customer first

Invent

Be patient."
14/ "The only way to get out of a tight box is to invent your way out."
15/ As of 2013, Bezos was still driving a Honda Accord
16/ "If you can't tolerate critics,

don't do anything new or interesting."
17/ "It's not an experiment if you know it's going to work."
18/ “I’m in the process of converting my Amazon lottery
winnings into a much lower price of admission so we can go explore the solar system.”

Bezos named his rocket company “Blue Origin”
19/ "If you're competitor-focused, you have to wait until there is a competitor doing something.

Being customer-focused allows you to be more pioneering."
20/ This great slide from @socialcapital shows that Amazon
gradually turned all of its biggest costs into new lines of business
21/ Bezos is building the "Clock of the Long Now"

which will tell time for the next 10,000 years
22/ "Anybody who doesn’t change their mind a lot

is dramatically underestimating the complexity of the world that we live in."
23/ “I very frequently get the question: 'What's going to change in the next 10 years?'...

I almost never get the question: 'What's not going to change in the next 10 years?'

And I submit to you that that second question is actually the more important of the two."
24/ "In the long-term, there's never any misalignment

between customer interest and shareholder interest."
25/

In 2020, $AMZN revenue grew 38% to $386.1 billion

Stunning!

$AMZN revenue growth since "day one"

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One of the most successful stock trader with special focus on cash stocks and who has a very creative mind to look out for opportunities in dark times

Covering one of the most unique set ups: Extended moves & Reversal plays

Time for a 🧵 to learn the above from @iManasArora

What qualifies for an extended move?

30-40% move in just 5-6 days is one example of extended move

How Manas used this info to book


Post that the plight of the


Example 2: Booking profits when the stock is extended from 10WMA

10WMA =


Another hack to identify extended move in a stock:

Too many green days!

Read
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