The question is:
Is this an official account for Bahcesehir Uni (Bau)?
Bahcesehir Uni, BAU has an official website https://t.co/ztzX6uj34V which links to their social media, leading to their Twitter account @Bahcesehir
BAU’s official Twitter account
BAU has many departments, which all have separate accounts. Nowhere among them did I find @BAUDEGS
@BAUOrganization @ApplyBAU @adayBAU @BAUAlumniCenter @bahcesehirfbe @baufens @CyprusBau @bauiisbf @bauglobal @bahcesehirebe @BAUintBatumi @BAUiletisim @BAUSaglik @bauebf @TIPBAU
Nowhere among them was @BAUDEGS to find
A thread 👇
Entrepreneur\u2019s mind.— James Clear (@JamesClear) August 22, 2020
When you choose who to follow on Twitter, you are choosing your future thoughts.— James Clear (@JamesClear) October 3, 2020
Working on a problem reduces the fear of it.— James Clear (@JamesClear) August 30, 2020
It\u2019s hard to fear a problem when you are making progress on it\u2014even if progress is imperfect and slow.
Action relieves anxiety.
We often avoid taking action because we think "I need to learn more," but the best way to learn is often by taking action.— James Clear (@JamesClear) September 23, 2020
Rules of thumb that simplify decisions.
• If unsure what action to take, let your 80-year-old self make it.
• If unsure who to work with, pick the person that has the best chances of breaking you out of a 3rd world prison.
• If procrastinating on an item, you only have 2 options:
1. Make the pain of not doing it greater than the pain of doing it.
2. Make the pleasure of doing it greater than the pleasure of not doing it.
• If stuck with 2 equal options, pick the one that feels like it will produce the most luck later down the line.
I used this razor to go for drinks with a stranger rather than watch Netflix.
In hindsight, it was the highest ROI decision I've ever made.
• If someone brags about their success or happiness, assume it’s half what they claim.
• If someone downplays their success or happiness, assume it’s double what they claim.
The map is not the terrain.
2/ The preferred solution for the Biden team would be to deny Putin the ability to exercise energy blackmail against Central Europe and Ukraine, while at the same time foregoing sanctions against Germany.
3/ Early in his career, Biden’s Secretary of State Anthony @SecBlinken had analyzed the decision of the Reagan administration not to levy sanctions against West Europeans for building the Siberian pipeline with the Soviets.
4/ See for example:
5/ Reagan decided to take a step back, calculating that the unity of the West was more important than the gas pipeline. Not even Lady Thatcher supported Reagan’s policy.
A thread on the underlying mechanics of the $GME saga...
1/ First, for those unfamiliar with the business, GameStop is a videogame and merchandise retailer.
It has >5,000 stores, primarily in malls, across North America, Europe, and Australia.
The business has struggled to modernize, hurting its financial and stock performance.
2/ For a variety of business reasons, a bull (i.e. optimistic) case regarding its future performance has formed.
It really came to the forefront after RC Ventures, an entity managed by Chewy founder @ryancohen, disclosed a large position and assumed three board seats.
3/ @ryancohen summarized his case, stating:
"We are excited to bring our customer-obsessed mindset and technology experience to GameStop and its strategic assets...expanding the ways in which it delights customers and by becoming the ultimate destination for gamers."
4/ At the time of that statement on January 11, $GME stock was trading at about ~$20 per share.
Since then, the stock has surged to ~$200 per share and captured the public imagination.
But how did it happen?
There are two dynamics at play: a short squeeze and a gamma squeeze.
Astonished at what @bellingcat discovered about GRU & FSB operations
A great post by Ilya Yahin on
Every time Putin talks about “our special services,” his signature smirk appears on his face, and in his words there is poorly concealed bragging
"Of course, we knew everything in advance"
"Yes, we are looking"
"Mercader has already been sent"
Putin clearly loves all these spy games. He is very proud of the special services and therefore endlessly increases budget funding for them.
This is his top priority.
The elderly dictator cannot understand one thing:
there are no effective special services in a state that is completely corroded by corruption. You won't have honest professionals at your fingertips if your son-in-law buys shares of a state company for $ 100, the real value of which exceeds $ 380 million.
Here’s what they told me about their plans for the future
[ a thread ] 💻🏠🌎
💰 Office space: All of them have $Billion real estate portfolios
All of them plan to cut it by atleast 50% and as much as 70%
📍 Talent Access: The thing they are most interested in is access to talent
Rather than hiring the best person in a 30-mile radius of the office, they’ll hire the best person on the planet
📈 Efficiency: Their concern about remote work post-pandemic was that productivity would slip
It’s increased. They now know remote work works
🤔 Remote Dilemma: A big concern is losing their best people through not giving their teams what they want
Each company plans to let people work from home 60-100% of the time
[ Amazon's business model decoded😃]
@dmuthuk @unseenvalue @FI_InvestIndia @Vivek_Investor @drprashantmish6 @caniravkaria
1/ A person named Jeffery earns 100 dollars per month and has an expenditure of 120 dollars monthly. He has a very good reputation in the society. So, he takes a loan of 1k dollars for a month and this 1k cash is invested in new business ventures.
2/ For the next month, he pays his liability back by taking a loan from another person for 1.5k dollars. The loan of 1k is paid back and the remaining 500 dollars are invested in another business venture.
3/ By the end of the month, he earns 150 dollars through his old and new business ventures but has a total expenditure of 200 dollars. He again is in a deficit of 50 dollars. To pay back his 1.5k dollar loan, he takes a loan for 2k dollars
4/ This cycle goes on and on. Jeffery keeps on taking bigger loans to repay the previous loan and the leftover extra loan is invested in bigger ventures which produce more expense than income.
>>was chairman of Boy Scouts of America
>>was mentored by CarIos SIim
>>subsequently promoted to CFO of “southwestern bell company” (former name of ATT)
>>quickly resolved $30B in debt
>>is on CFR
And he worked for Bush telecoms ? Damn. This is a jackpot
I’m guessing This expIosion wasn’t just some expIosion
Silver Lake Senior Leadership
The basics: Rs 6017 Cr being raised by new shares (Rs 3750) & re-selling (Rs 2267). Face value Rs 2 offered at Rs ~1000 per share is one of a kind. Who decides the price? Examine the valuation ladder below.
With ~$ 150 Mn invested till 2017, we see $ 525 Mn rushes in after 2018
So, a company valued $1 Bn in 2018 & $ 1.5 Bn in 2019 by key investors like Tencent, suddenly “needs money” in March 2021. Falcon Edge “invests” all of $ 75 Mn in March at valuation of $ 2.65 Bn.
Enter IPO bankers a couple of months later & they value the company at $ 6.2 Bn
Why does PolicyBazaar need $ 75 Mn just 6 months before IPO & give away 2.5 times in returns? And it doesn’t even use that money as the B/S reflects appx Rs 1000 Cr in cash lying around.
What kind of a favor is that? Why do they need US investment bank for this just before IPO?
Notice 50% rise in shareholding of promotors here & a 1: 500 bonus share issue. After all, how do you print money & still keep share price at “reasonable” Rs 1000?
Without bonus issue in June 2021, each share would have costed Rs 50,000. Heard of circular valuation?
1. That looks useful!
2. That's an interesting approach!
3. A business could be built around this!
4. How did they do that?!
Integrating prediction in mean-variance portfolio
Corporate Social Responsibility and Corporate Governance: A cognitive
The Gender Pay Gap Revisited with Big Data: Do Methodological Choices
Sustainable and Resilient Systems for Intergenerational
away from it’s natural convergence path towards collapse is to create opposing forces to push it towards divergence. Meaning: force, through financial repression, market participants to rely on price continuation, in a way that makes it self-fulfilling.
The tool used is rates as it is the basis off of which all other financial assets are priced. Today any buyer of $UST across the curve up to 30Y is guaranteed a loss given reals are negative throughout. So the only hope of escaping this GUARANTEED loss
is to angle for capital gains, i.e a continuous move downwards in real rates to push for some capital gains in real terms. The longer the financial repression lasts, the further investors are pushed out the maturity and credit risk curves.
Here are examples to understand what exactly is happening. If an investors buys a 5 Y UST he is guaranteed to lose almost 2% in real terms, so making that up in capital gains is much harder given the v short duration.
As a founder, if you won't show up every single day, despite how you are feeling, or how the startup is doing or what the press is writing about you, or your cofounders not working out, or your product failing or your customers shouting
No one is going to do it for you
As a student, if you won't do things that scare you, that make you feel nervous, that challenge you, that intimidate you, that you have always wanted to do but never gathered the courage to
No one is going to do it for you
In your first job, if you are not going to make an effort to know how things have happened before and why, to meet new people, to seek help, to ask for feedback, to be patient with results, to not seek "impact" in the first month itself
No one is going to do it for you
If as a son/daughter you are not going to realize what your parents went through while growing up, that they want the same things from your life that you want for your self, that their path is different but there are reasons why
No one is going to do it for you
But all that may be about to change: 6000 warehouse workers in #BHM1, the massive Amazon warehouse in Bessemer, AL, will vote next month on a push to unionize under the
Amazon, like other tech giants, is absolutely reliant on building and maintaining a competitive advantage by exploiting technology to drive wages ever downward while ducking responsibility for harming workers.
Big Tech is pants-wettingly afraid of unionization, and that goes double for any solidarity between high-paid tech workers and misclassified/outsourced warehouse workers and other "unskilled" laborers.
Amazon has gone so far as to hire the Pinkertons, renowned as some of history's most violent anti-worker terrorists, to bust unionization drives in its
I wonder how much came from the
Funny, this transfer of wealth from the poor citizens to the rich billionaires aided by lockdowns and tyrannical governors wasnt just isolated to America. Australia billionaires seemed to amass much wealth during a time record number of businesses
AUSTRALIA: Country's billionaires are over 50% richer than they were this time last year, according to data from Bloomberg Billionaires Index.— The Spectator Index (@spectatorindex) December 30, 2020
2/x that ended at ATH on the close. Between Gary the 🦍 & his RVol suppression & his hand off to late day Ivol compression & the Vanna index bid, the 🐻’s never had a chance... but Gary’s getting tired after 2 months battling complacency & Vanna’s 2 week vacation, 1 of her only
3/x 2 week departures of the year (a 5 week OpEx) is quickly approaching on 1/15 morning. That means she’ll be increasingly absent as she prepares for her trip. W/ a $59 1 week straddle & $50 1 day range on Friday, & another $30 overnight drop, it’s hard to see why you wouldn’t
4/x want to take a chance on a little long gamma at this juncture. Especially given the obvious warning signs coming from the steepening of the yield curve, underperformance of the Growth complex, complacency in sentiment & positioning, anecdotal signs of bubbles in BTC & TSLA,
5/x NTM the growing exuberance surrounding a fiscal stimulus deal near $2 Trillion. The wall of worry of 3 months ago is gone. The vaccine is being deployed, the election is resolved, fiscal stimulus was passed & w/2 Georgia 🍑 🍑, ever moar 🚁💰is on the way. But what happened
There are many things that caught my attention. The one thing was the abstraction that hedge fund strategies are all 'momentum' plays. What it seems to imply is that the marshaling of resources at an opportune time drives the future behavior of a stock.
From basic physics, we know that momentum is mass times velocity. So any 'momentum' tactic employs the variation of mass, velocity or both. Wrt stocks, mass is money and velocity is speed of trade.
We cannot argue that there are benefits of scale associated with having more money. Also, high-frequency trading has shown the value of high-speed trading. So in an abstract sense, market manipulation can involve a kind of momentum play.
The objective of stock trading is to buy a financial instrument at a low price and sell it at a higher price. The purpose of a momentum play is to front-run the decision process of other traders such that one acquires the assets before a decision is made.
🎓 The goal was to decrease the student debt burden by giving out lower rates than federal standards
💸 SoFi’s rates ranged from 5.99% to 6.5%, undercutting federal and privates rates which ranged from 6.8% to 16%
By September 2012, SoFi was reported to have commit over $ 200m in loans
📈 This increased to $ 450m by April 2014 and its borrowers reportedly got on average $ 9,400 in savings by refinancing their
💸 Today, SoFi wants to help its customers with every “financial” step of their journey, providing:
· Student loans
· Medical loans
· Home loans
· Renters insurance (powered by $LMND)
· Stocks & cryptos
· Credit card
· Auto insurance (powered by $ROOT)
⏱ It has also understood that time-pressed and convenience-seeking young professionals value the following elements:
And $SOFI thus turned itself into a convenient, affordable, transparent and user-friendly financial platform
This means that SoFi’s wants to be a “one-stop-shop” for its users
💸 Enabling it to cross-sell its different products and reduce its Customer Acquisition Cost
- $7.4 billion in 2020 revenue
- 43% energy drink market
- Makes nothing
Nope, not even the drinks they sell. Instead, they focus 100% on marketing.
Here's what's going on
Before Red Bull there was Krating Daeng (KD).
Founded by pharmaceutical entrepreneur, Chaleo Yoovidhya, KD was created to serve Thailand's country's working class.
Yoovidhya chose the gaur, a member of the bovine family from the region, as the brand's symbol.
Dietrich Mateschitz was a toothpaste marketer. On a business trip to Thailand he discovered KD and fell in love with the drink.
With Yoovidhya, he decided to bring it to Europe. He made changes:
- Name became "Red Bull"
- Added bubbles
- Used a thin can
- Targeted elites
The deal Mateschitz and Yoovidhya struck outsourced production of the drink to the Thai entrepreneur's pharmaceutical company.
That fundamental structure has remained in place today: Red Bull outsources production and focuses on distribution (marketing).
Mateschitz noticed the rise of extreme sports starting in the 1990s. He thought Red Bull should be a part of it.
The years since have seen the company amass an insane empire across sports, media, and apparel.
He’s the reason I left @awscloud. He’s not just incompetent, he’s dishonest in the extreme. You’re throwing away your career working with him.
Also, pro-tip: record every call you have with a manager that you suspect is lying to you.
Here's what happened: I lost my shit when I didn't get promoted, because I was a child. That's on me. I had worked my ass off for 3 years and Ian said that if I moved to Seattle and signed a non-compete then I would get my promotion. I did those things - I didn't get promoted.
What does losing my shit mean? I sent a message to Ian and others that said "Fuck you, I'm not moving to the depressive hell hole that is Seattle. I'm not signing a non-compete. I'm going to stop working 100 hours a week for a company that doesn't give a shit about me."
Later, I found out that Ian had never actually reached out to anyone about my promo document. He just lied. He just ignored it until the last second because he was too focused on taking credit for my work for his own promo document. He got promoted.