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$KiD \U0001f4b0$

KiD 💰
@kidkapital 5 years, 3 months ago 567 views

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Quick recap of Zillow’s Q4 earnings report/call $ZG $Z

The Premier Agent business is prob as strong as it has ever been.

Normalized for some accounting nuances, QoQ growth was 20% in Q3 and 27% in Q4.

YoY growth was 13% in 2020 despite a 17% decline in Q2 related to the pandemic.

Reading the tea leaves, it sure sounds like Flex is one of the main drivers of PA revenue acceleration. This is something we talked about in Q3, 2019 when the stock had sold off by 20%+ and was trading in the low 30s https://t.co/yfNk89Uwuj

Takeaway No. 2\ufe0f\u20e3:$ZG is expanding its @PremierAgent Flex program.

This is crucial so let me explain.
— KiD \U0001f4b0 (@kidkapital) August 8, 2019

Not gonna claim iBuying is inevitable nor a “good” biz but even skeptics must admit the segment looks more viable today.

And we can all agree iBuying is clearly the superior customer experience compared to the tradition home selling process.

Maybe the most interesting comment made on the call?

The Zestimate will be a live initial offer in some iBuying markets this year 👀

Zillow’s challenge is now to convert its unrivaled top of funnel traffic into transactions.

“...our customers arrive at Zillow simply trying to move. It is our job to deliver for them in any way that we can, be it through our own services or w/ our best-in-class partners.”

👆That means multiple paths to success as long as Zillow remains the first place consumers go when looking to buy or sell a house.

This remains my (overly simplified) thesis:

Don’t ask me about valuation, I thought it was rich at a $30B EV 😂

/fin

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It won't get you rich, it'll pay for college.

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ATROCIOUS big pharma price gouging of insulin:

This crying mother can’t afford the $1000 for her son’s insulin.

📌yet, it only costs pharma $5 to produce.

📌Insulin was invented 100 years ago by Fred Banting—who donated patent for $1 to make it free for all.

Let that sink in.

2) Insulin is one of the most disgusting cases of price gouging ever.

America has long taken a free market approach to pharmaceuticals.
Drug companies haggle separately over drug prices with a variety of private insurers across the

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📌500K Americans went bankrupt from medical bills.

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$Shravan Venkataraman \U0001f525\U0001f680\U0001f4b0$

Shravan Venkataraman 🔥...
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The first thing you should do before you pick up any book:

Learn about Bitcoin & Ethereum by reading the respective whitepapers.

- [Bitcoin white paper](https://t.co/cErOaFn6QL) by Satoshi Nakamoto

- [Ethereum White paper] (https://t.co/0g5kYCGJGq) by Vitalik Buterin

Even if you are not tech savvy, you can get a good grasp about how blockchain functions from these papers.

1) *The Basics of Bitcoins and Blockchains: An Introduction to Cryptocurrencies and the Technology that Powers Them* by Antony Lewis

This book covers topics such as the history of Bitcoin, the Bitcoin blockchain, and Bitcoin buying, selling, and mining.

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Investment Books
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Mega Thread on Personal Finance 101

👇👇👇

Rule of 72 (Double Your Money)
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Rule of 70 (Inflation)
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100 - Minus Age Rule
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♻ Rule of 72

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At 6% rate, it will take 12 yrs
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At 6% interest rate, it will take 19yrs

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For eg, if U want to know how long it will take to quadruple your money at 12% interest, divide 144 by 12 and get 12 yrs

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Alathiyur Hanuman Temple
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#keralatemples

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Alathiyur Hanumane
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Pedi Swapnam Kandalo
Val Kondu Thattiyunarthename
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