Categories Finance
What do you think/use as the most robust leading indicator if following technical analysis ? Please answer with reason , I will provide my answer after 2 hours
— Subhadip Nandy (@SubhadipNandy16) August 12, 2019
( At Delhi airport , bored as hell )
This thread actually had some great answers , one can learn a lot about the thought processes of different traders from the answers. Please go thru them
There you'll find links to all my podcasts, the TTMYGH newsletter, and other exciting future projects.
2/ In 2020, I reignited my passion for interviewing brilliant people by launching The Grant Williams Podcast in various forms, including The End Game, The Super Terrific Happy Hour, and The Narrative Game.
3/ Starting February 1, I'm taking the bold step of moving these podcasts completely behind a paywall.
For the very affordable price of only $10 a month, listeners can gain access to the Copper Tier of https://t.co/fxUfH8maI4, which includes all current & future podcasts.
4/ Why am I doing this? First and foremost, I aspire to create VALUABLE content. By definition, if something is priced at $0, it isn’t valuable. The time, effort and creativity that goes into these episodes is substantial. To keep doing them properly, they can no longer be free.
5/ I also strongly believe content creators should be able to make a living creating content. If everything is free, that’s not possible. I never seriously considered accepting outside sponsors – complete integrity is too critical to me.
All NL-customers at British banks may thus be kicked out on brexit.
Thread
/1
If we start with the capital requirements directive, it says attracting deposits is forbidden. In article 9.
https://t.co/RYl7SXligC
Now the translation of that rule into Dutch law is slightly expanded to not only prohibit attracting deposits, but to also prohibit, having those deposits under custody ('ter beschikking hebben').
That's not in EU law, but it is in our Dutch law.
https://t.co/PsbWfNY3PA
So if you wonder how this would work out for UK banks and Payment institutions servicing Dutch customers. Have a read at the technical explanation of DNB, the financial supervisor and their summarising table.
https://t.co/LL0fAnYkRJ
Passive servicing of Dutch is not allowed!
Any bank or PSP in the UK that continues to serve Dutch customers (as in retail customers, professional players are excepted) can thus be subject to fines and policing under Dutch law.
Meaning we not only have Accidental American issues in payments, but also Accidental Dutchies
Here’s what "financial wellness" means to me
⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️
2/ Mindset
Humans are programmed to think short-term
Evolutionary, thinking short-term makes sense. It helps with survival.
Financial wellness is all about training yourself to develop a long-term mindset
Not easy -- it takes practice
3/ Mindset
If you join the right tribes, you can’t help but improve
My favs:
@AffordAnything
@ChooseFiFI
FinTwit
@MicroCapClub
@themotleyfoolFool
@visualizevalue
Twitter / Podcasts / Blogs / YouTube -- when used correctly -- are amazing
1/ YouTube is an AMAZING resource when used properly (Thread)
— Brian Feroldi (@BrianFeroldi) November 7, 2020
Here are my favorite YouTube channels:
Top 5:
Mark Rober - @MarkRober
Real Engineering
Smarter Every Day - @smartereveryday
Stuff Made Here - @stuffmadehere
Wintegartan - @wintergatan
More \U0001f447\U0001f447\U0001f447\U0001f447\U0001f447
4/ Mindset
Educate yourself - constantly!
Especially about:
1⃣Money
2⃣Relationships
3⃣Health
These 3 categories have an outsized influence on all areas of your life
Books
1/ Book recommendations (thread)
— Brian Feroldi (@BrianFeroldi) November 20, 2020
Start Here:
Choose FI
Richest Man in Babylon
Millionaire Next Door
Rich Dad, Poor Dad
The Wealthy Barber
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5/ Career
In the beginning, focus on growing your income
Do more than what is expected
Become a lynchpin
Find a career that you ENJOY (<- important!) that also has high-income potential
Start a side hustle (<- important!)
Build your talent
Boosting your salary is a great way to turbo-charge wealth building
— Brian Feroldi (@BrianFeroldi) November 1, 2020
Here's the good news: Your salary is negotiable!@themotleyfool and @ChooseFi have some AMAZING free resources for scoring a big raise:
Use them!
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👇
Equity/ownership is a force. Getting it in the hands of the right people generously will drive alignment and execution.
— Joey Santoro (@Joey__Santoro) January 21, 2021
It is a joyful and serious responsibility \U0001f332
1/ The discount you offer to strategic investors is both to account for the risk of an unlaunched product, but also as compensation for continued value add and support.
So make sure you know the investor will support you and not leave you on read once the docs are signed!
2/ Having someone on your cap table/ token allocation is as important as hiring.
You wouldn't hire someone just because they are influencers on Twitter- you do your reference checks and find evidence of value add from other companies the investor has invested in.
3/ Don't trust, verify.
Many investors will promise you the world when they're trying to get on your cap table.
Talk to founders they backed to see how much of it is bullshit. Ask them about how the investor was there for them during hard times.
4/ Don't just go for "name brand" funds because you want the brand.
Sure, it's great validation, but optimize for fit, not vanity.
However, I do think many well-known VCs are good actors, especially those with roots in successful trad VCs. They have a rep for a reason!
Below are some updated thoughts on potential integrations, improvements, and innovations for Saffron moving forward. ⬇️
1/11 @saffronfinance_ ($SFI) is DeFi's new kid on the block with its tranched yield product that is already live with DAI on @compoundfinance. https://t.co/JpqnxhwrDw
— Benjamin Simon (@benjaminsimon97) November 19, 2020
2/18 First, if you haven't seen @Privatechad_'s alpha-leaking introductory thread, you should check it out.
I agree that @AlphaFinanceLab and @CreamdotFinance, specifically the Iron Bank, would be ideal targets for SFI risk tranches.
15/. 3. Though not the focus atm, interest from various projects and integrations are happening.
— Private Chad (@Privatechad_) February 1, 2021
* Chainlink reached out (props to the amazing $LINK team).
* Talks with $ALPHA and rumored upon V2 releases there will be a collaboration.
*Cream integrations in v2
* $COMP tranches pic.twitter.com/IXCtzvSkw7
3/18 Speaking more broadly, Saffron is primarily integrated with @compoundfinance, which has served as a MVP of sorts.
The thing is, Compound is one of the safest (but also lowest yield) protocols in DeFi, so it's not surprising that there isn't much demand for the sen. tranche.
4/18 Expanding beyond Compound to higher-risk/higher-return protocols has always been key.
These protocols are the bread-and-butter target market for Saffron, and I would expect to see a surge in demand for senior tranche staking in these
4/11 Imo, the golden egg will be vault platforms like @iearnfinance, @picklefinance, etc.
— Benjamin Simon (@benjaminsimon97) November 19, 2020
Recently, some of these higher risk platforms (e.g. @harvest_finance) have been hit with a wave of attacks.
Saffron will enable cautious investors to use these products with peace of mind.
5/18 Additionally, @DeFiGod1 convinced me that Senior Tranche pools would be more appealing if they offered fixed yield.
Essentially, Saffron would augment the product offerings of @Barn_Bridge by also offering senior stakers insurance in the form of junior tranche collateral.