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Saved by @CodyyyGardner

Here are 20 of my best threads from 2020 covering personal finance, entrepreneurship, economics & finance, investment banking ++ useful resources.

Massively grateful to everyone who took time out to read, comment & share these across the year. I really appreciate you.

[Thread]

 1. Breaking-in – study notes, free textbooks & past papers
https://t.co/vC2kAXeRWI
2. Breaking-in – the job connector thread
https://t.co/m1e6AX7ydJ
3. Breaking-in – book smart vs. street smart
https://t.co/SqeNkOQkMo
4. Personal Finance – MEGA Property Thread
https://t.co/pT1y4PfXPt
5. Personal Finance – Good time to buy a house?
https://t.co/rWAhV1hYeU
6. Personal finance – property stockvels
https://t.co/N4xSWIUZ8M
7. Personal Finance – Crowd1
https://t.co/AUbUv9D9H5
8. Entrepreneurship –Raising Capital
https://t.co/v81clU04xX
9. Entrepreneurship – Surviving corporate
https://t.co/fOv45afkQQ
10. Entrepreneurship – Privilege of capital
https://t.co/MbCsT8A4Pe
11. Entrepreneurship – networking
https://t.co/IU95NkxhIr
12. Economics & Finance – Oil Prices
https://t.co/fmVvK6J7a6
13. Economics & Finance – Fiscal stimulus
https://t.co/GqF5ajrruP
14. Economics & Finance – Net worth
https://t.co/obl2o1wewU
15. Investment banking – casual dining deals
https://t.co/AwLVJc967E
16. Investment banking – Kylie cosmetic deal
https://t.co/wyS9IyZHiS
17. Investment banking – IPOs
https://t.co/eZkeHS9lTx
18. Investment banking – Kanye, Yeezy deal
https://t.co/ELxXp9fHQg
19. Investment Banking – OnlyFans
https://t.co/BIza8YK215
20. Investment banking – Hertz deal
https://t.co/QXxDMaMRpQ
BONUS THREADS: The BankerX Mega Resource Thread
https://t.co/Hqvp941J4M
Shout-out for making to the end!

For more threads, resources & useful links - feel free to join our Telegram channel at https://t.co/v3uNq6IvBk

You can also check out @Banker__X & https://t.co/XU09rc61BD.

More from Koshiek Karan

Koshiek Karan
Koshiek Karan
@iamkoshiek
Bonds explained in 90 seconds! [Thread]

Wait, what's a bond?

Very simply, it's a loan.

Instead of borrowing money from a bank, a company (or government) will borrow from investors. So investors will give the company money & in exchange they get paid interest (called coupons)

Fancy term for the IOU is "bond issuance"


I'm an investor, how do the mechanics work?

Company sells you a bond for $100 and promises you 5% every year for 3 years. They also pay you $100 at the end.

Yr 1: $5
Yr 2: $5
Yr 3: $5 + $100

That's $115 (or a 15% return) after 3 years. Right?

The real return is closer to 10%


Why are my returns so much lower?

$100 today is worth more than $100 in 3 years from now - yes, inflation!

Even at a modest 1.5% inflation each year, the $100 you give up today is worth less than $96 in 3 years from now.

ILBs (inflation linked bonds) try & help solve this.


How come bonds are always quoted in yields (%s) instead of actual prices like shares?

Bonds have different maturities* & coupons - quoting a percentage makes it easy to compare different bonds & compare against other assets.

*Maturity = time to get paid back (3yrs in example)
BONDS
Koshiek Karan
Koshiek Karan
@iamkoshiek
You're about to invest in the next biggest company to list on the stock exchange. You dream of a luxury island & a private jet - but you end up eating canned food instead.

Here's a guide to the insider secrets of IPOs [Thread]

Hold on, what is an IPO? Indian Police Officer?

No, it's an Initial Public Offering

It's when a private company issues stock to the public to raise capital. Facebook, Airbnb & Apple are IPO companies

It's not just US companies. I worked on IPOs in London, Johannesburg & Lagos

"The Roadshow/ Marketing"

The IPO process can be long!

The company hires a few investment banks to go out & sell the story to investors. Think of it as a series of dates. Do you tell her you leave towels on the floor on the first date? No.

Investment banks sell the highlights

Pro-tip: NEVER invest into a company purely off the company roadshow materials. Having spent hours curating these docs - the wording is ALWAYS massaged.

Your go-to is the prospectus - the Bible for an IPO

Here's the Airbnb prospectus - check it

What should I be looking for in the prospectus?

Just like your cheating ex - don't focus on what he's saying, focus on what isn't being said.

- Forecasts: always take these with a pinch of salt
- Key risks: dry but important
- Why we need the money: MOST IMPORTANT!
TRADING
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Koshiek Karan
Koshiek Karan
@iamkoshiek
Running a small company or need cash for your side hustle? Here's the ultimate capital raising guide [Thread]

Ways to raise capital:

1. Bootstrapping
2. Bank Debt
3. Working Capital/ Revolving Facilities
4. Angle Investors
5. Venture Capital
6. Private Equity
7. Crowdfunding
8. Government Agencies
9. Get a Business Partner
10. Funding competitions

1. Bootstrapping

The cheapest way of funding. Build the company with savings & family contributions. Privilege is a massive factor in getting off the ground.

Jeff Bezos' parents ploughed $245k into his e-commerce startup. Bill Gates' parents funded his founding company.

2. Bank Debt

Banks take credit risk which means they're often fucking conservative. They will focus on your ability to repay the debt & pricing depends on the probability of you defaulting*

*Pro-tip: don't use bank funding to frequent strip clubs, use shareholder money instead

3. Drawdown facilities

Probably the most underused, useful type of funding. You can borrow against the assets of your company for really cheap. Most companies have short-term liquidity issues

I have worked on deals where these type of facilities were used to buy small companies
ALL
Don Petty Cash
Don Petty Cash
@iamkoshiek
Contemplating quitting your corporate job to become your own boss? [Thread]

Money

Making money is much easier when you have money. More importantly, having dry powder buys you time.

Starting with anything less than 6 months salary can be suicide. Bonus if you can get to a year saved up.

Flicking the switch on monetizing a new business isn't instant.

The fine print

Scrape through your employment contract to check for non-compete clauses, lock-in periods for approaching competitors, policy on recruiting existing employees.

Check what the notice period is, number of leave days you have to cash & how to transfer your pension.

IP

NEVER work on your personal business using a company device. Also resist the urge to send that sexy excel model to your personal email. Imagine chilling in Pollsmoor for a workbook.

Many companies run a check when you resign to check what you recently emailed & printed.

Skills

Level up as much as you can. Make a detailed checklist of everything you want to master before you bounce. Ideal skills are versatile, resilient and future-proof.

The more advanced your skills, the better your chances of someone paying you for those abilities.
ALL
Koshiek Karan
Koshiek Karan
@iamkoshiek
Step by step guide on how to buy/ sell tweets

You're essentially minting a tweet, creating a NFT, transacting on the blockchain & settling payment in ETH


NFT is a non-fungible token

Fancy term for a digital certificate for intellectual property. Think of it like an autograph. Someone pays for your autograph and keeps it as an investment.

Your autograph (NFT) here is a digital certificate of your tweet.

What info is on the digital certificate?

The tweet remains on Twitter under your account. The digital certificate contains metadata of the original tweet.

Metadata = when you posted the tweeted, the time, contents, your digital signature from your crypto wallet

Here's the steps:

1. Verification & Tweet Listing
Login to https://t.co/2UhT8QJTFQ so Twitter can verify which tweets are yours

2. Set up crypto wallet
Add the metamask extension to your browser to interact with cryptocurrency https://t.co/59kxXX5JUt

3. Review & accept offers
TRADING TWEETS

More from Twitter

Dr. Modest Teacher
Dr. Modest Teacher
@ModestTeacher
My friend @EduCelebrity has been doing a #YearInReview tweet thread (check it out), in which he relives some of his best tweets from 2020.

I’m opting to do a #YearInPreview thread where I predict what will happen over the next 12 months in education...here we go...

January:

Teachers come back to school (virtually or in-person) fired up and ready to implement some great new ideas and strategies as part of their New Year’s resolutions.

Mid-January:

All new ideas flamed out as teachers begin their summer countdown. #YearInPreview

February:

Valentine’s Day parties include students exchanging virtual cards with each other via their virtual Valentine’s Day boxes. Joey’s mom hires a professional web designer so Joey’s virtual box is the best in the class and puts pictures of it on Instagram. #YearInPreview

March:

Depressed that St. Patrick’s Day has been cancelled (again), teachers put Irish Cream in their morning Starbucks and get rewarded by admin for their creativity...just kidding, they get fired. #YearInPreview

April:

Test prep is in full swing. Teachers try to prepare students they’ve never actually met, and whom have never participated in online instruction for a test that doesn’t matter. Principal asks if she’s ever contacted the parents to which she replies with a middle finger.
TWITTER
Ghost Rat (Rata Fantasma) \U0001f47b\U0001f400\U0001f637
Ghost Rat (Rata Fantas...
@The_Ghost_Rat
My updated recommended follows for February 20, 2021. Let me know if you want to be removed or added. To be added, we need to be following each other.

Faves (1/1)
@AndyPopeInTheW1
@CHQM8_tx
@Dubes123
@daralynn13
@_HypoLuxa_
@KtBoBt
@kharly
@ImpeachmentHour
@liberal_elder
@LtUhura2017
@MysterySolvent
@Natgcoh
@officialHJesus
@orangepeel18
@RancidGinger
@RKJ65
@robinskyleigh
@Ronnis_Joy
@Texan_21C
@umanoid
@wendimyb
@Wikweko

The Rat follows… (1/9)
@1Angry_lioness
@admiralmpj
@AFlyover
@afrugal1
@agent_orangutan
@ALT_MyName
@american2084
@AquaVelvaBoy
@AndraDoesCare
@AreYouis
@AryaKicksButt
@AshidMapanzigan
@bamableu
@benFranklin2018
@BeyondBlonde3
@bfs2020
@BiglyPrez
@bkaydw
@Black2thBone

The Rat follows… (2/9)
@Blackbear5
@Brasilmagic
@Brian_Chovanec
@briansantacruz
@CajunSiouxsie
@Carpediem4989
@CaliPhil
@carlisamantha
@ChafedCharlie
@ChampagneSane
@ChanningStephe5
@chaturner
@Chewythewookie1
@ChrisA_425
@CIAnderson3
@ColleenHenley
@Cosette2016
@da_kotarski

The Rat follows… (3/9)
@DarbysCastle
@DarrollHough
@DawnChristine2
@dawnwc
@DeepInTheHills
@DocAtCDI
@DonPayne17
@DrEttaM1
@Eiggam5955
@elle_desylva
@fleurdeliselle
@georginapond1
@GirlNamedBoston
@GonzoBaggins
@grammytammyd
@grannieof10kids
@gypsyphototaker
@HIHKatharine
TWITTER
Advertisement
Logan | Landing Pages \U0001f4da
Logan | Landing Pages ...
@LoftedLearning
7 Tactics To Increase Engagement on Your Threads

// THREAD //

People are constantly seeing the same stuff over and over again on their timeline.

This is why you need to learn how to stand out.

When they’re scrolling you need to grab their attention and reel them into something they want to read.

If you think about it, your job is just to get them to click your tweet. Once that’s done, they’ll be reading your other ones in no time.

In order to get them to click you need to show one of these 7 things:
> authority
> experience
> value
> lesson
> mystery
> opinion
> numbers

The easiest way to write headlines based off of these things is to write out your audience’s objections.

Then, indirectly counter their objection within your headline (sounds cool right?).

An old copywriting trick 😉

1. Authority

“Why should I read your thread? What have you done that makes me trust you”

Headline:
“$97,840 in Profit This Month Using This 5-Step Plan to Make Landing Pages”

Authority shows people you know what you’re doing by telling them a true stat/claim.
INTERNET , TWITTER
Arien Malec
Arien Malec
@amalec
1/

Thinking about this tweetstorm, one of the issues I’ve run into as an engineering leader is what to call the software engineering stuff that’s “agile” given that the Agile Community(tm) has killed the brand.


2/

And by & large, I’ve taken to call it “DevOps”, because the DevOps community have taken up much of the mantle @KentBeck & the XP community started with. & Kent has independently focused on safe small changes deployed to production. Which is DevOps.

3/

Much of the art here is making changes safe enough to deploy to production continuously. And to do that, we need to design incrementally, test obsessively, take architecture seriously so we decompose dependencies. & we need to automate everything & do it all the time.

4/

It turns out that this is what Kent & @RonJeffries @GeePawHill & many other folks have been nattering on about & being broadly misunderstood. @KentBeck has some brilliant essays (scattered across FB & his site alas) & @GeePawHill has amazing twitter threads on the topic

5/

When you look at *what it takes* to get to the DORA measures that @nicolefv & team write about in Accelerate, the input metrics for the DORA outputs, it’s making small changes safe.
TWITTER
Sunshiny AKA Cassandra
Sunshiny AKA Cassandra
@sunnshiiny
A lot of people are trying to figure out what UCP means by putting this biblical quote out into the twitter verse at Christmas.

Many have piped up with commentary and criticized the mix of religion and politics. A convention long held in Canada.


The quote is often repeated at Christmas. “A child is born...” makes reference to the birth of Jesus. Makes sense.

But what does it mean?

Christians (and other religious observers with their religious texts) have made an art form out of interpreting what passages mean.

To those most radically devout (some might say zealously faithful), hidden divine meanings are gleaned from “correctly” reading the bible.

That’s what Dominionists believe. That god himself wrote the bible. Through inspiration of the actual authors, & only they can interpret.

And thus, the “inerrant“ bible serves as a strict road map to save ones soul.

Many devout Christians view the passage as a prophecy made centuries before the birth of Christ. A promise made by god through one of his prophets. Jews interpret the passage very differently.

The Anglican Priest is (obviously) correct about this being supersessionism, and a form of Anti-Semitism.

Troublesome as it is for a Canadian provincial govt to be tweeting out Anti-Semitic propaganda, that’s not the only meaning this passage has for Dominionist Christians.
TWITTER

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Priyanka (Astrology Guidance)
Priyanka (Astrology Gu...
@AstroAmigo
1

From today, we will memorize the names of 27 Nakshatras in Vedic Jyotish to never forget in life.

I will write 4 names. Repeat them in SAME sequence twice in morning, noon, evening. Each day, revise new names + recall all previously learnt names.

Pls RT if you are in.

2

Today's Nakshatras are:-

1. Ashwini - अश्विनी

2. Bharani - भरणी

3. Krittika - कृत्तिका

4. Rohini - रोहिणी

Ashwini - अश्विनी is the FIRST Nakshatra.

Repeat these names TWICE now, tomorrow morning, noon and evening. Like this tweet if you have revised 8 times as told.

3

Today's Nakshatras are:-

5. Mrigashira - मृगशिरा

6. Ardra - आर्द्रा

7. Punarvasu - पुनर्वसु

8. Pushya - पुष्य

First recall previously learnt Nakshatras twice. Then recite these TWICE now, tomorrow morning, noon & evening in SAME order. Like this tweet only after doing so.

4

Today's Nakshatras are:-

9. Ashlesha - अश्लेषा

10. Magha - मघा

11. Purvaphalguni - पूर्वाफाल्गुनी

12. Uttaraphalguni - उत्तराफाल्गुनी

Purva means that comes before (P se Purva, P se pehele), and Uttara comes later.

Read next tweet too.

5

Purva, Uttara prefixes come in other Nakshatras too. Purva= pehele wala. Remember.

First recall previously learnt 8 Nakshatras twice. Then recite those in Tweet #4 TWICE now, tomorrow morning, noon & evening in SAME order. Like this tweet if you have read Tweets #4 & 5, both.
VEDICNAKSHATRA
Suhas S. Hardutt
Suhas S. Hardutt
@HarduttSuhas
THE BATTLE OF TALIKOTA and the destruction of Vijaynagar (Hampi)
26 January 1565

A tale of valor, deception and decimation.

A grim reminder that if we fail to protect our heritage, it will eventually crumble under the onslaught of "forces of anarchy".
(Elaborate thread)


This decisive battle was fought between the Vijayanagara empire and the Deccan sultanates resulting in a rout of Vijayanagara and ending the last major medieval era Hindu kingdom in south India.(1)

The seeds of 1565 encounter were sown more than 250 years earlier when the forces of the Delhi Sultanate, during the time of Alauddin Khilji and later Md Bin Tughlaq swept through southern India in an expansion spree.(2)

By middle of the 14th century, facing rebellions, Tughlaq withdrew to Delhi, leaving behind 2 empires, Bahmani, which ruled the Deccan from Kalaburagi, and Vijayanagara, which ruled most south India with its capital at Vijayanagar.(3)

The Raichur Doab, between the Krishna and Tungabhadra rivers, existed as a natural boundary between these two kingdoms, with wars often breaking out over control of this territory.(4)
HISTORY
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Mitesh Patel
Mitesh Patel
@Mitesh_Engr
Again sharing bank nifty intraday weekly straddle. How to play by selling straddle.
Mostly will work on Monday to Wednesday. Sometimes on Friday.
Why to pay your money to learn this if u can get it here.
U need only practice.
Let’s go.

Say bank nifty future is at 32000.
Sell both 32000 call and put.
Considering current volatile market lest say premium on Monday morning is 350 on both sides.
Sold with 700 points combine premium.
If bank nifty will trade in narrow range say +\- 100 hold it.
If moving 200 points

then exit previous sold straddle. Sell new one. Let’s say BN moved +200
Now sell 32200. If bank nifty will move here within range then u will get profit through theta decay. Follow same procedure for next 150-200 pts move.

This is only for single straddle sell position.

Now in second case sell three straddle. 31900/32000/32100
In case of 100 points move no need to change.
If 200 + then future is 32200.
Exit 31900 and sell 31200 straddle.
If moving another 100 then exit 32000 and sell 32300. Continue same with 100 points move.
If no move then

it will consolidate between 32000-32200 or 32100 to 32300 and u will get theta decay.

This is for normal move. Sudden big move may come anytime. So keep SL in system.
If u r selling at 350-350 then keep SL in system 475 for both legs.
Practice it. No need to attend webinar.
BNF , MPATELOPTIONSLEARNINGS , OPTIONSLEARNING
Aditya Todmal
Aditya Todmal
@AdityaTodmal
The absolute best 15 scanners which experts are using.

Got these scanners from the following accounts:

1. @Pathik_Trader
2. @sanjufunda
3. @sanstocktrader
4. @SouravSenguptaI
5. @Rishikesh_ADX

Share for the benefit of everyone.

Listing all scanners from @Pathik_Trader Sir first.

1. Open

2. 80-20 Reversal Setup


3. Fake

4. Trapping Inside Bar (Positional Setup)
TECH , STOCKLEARNINGS , STOCKS
Vibhu Vashisth
Vibhu Vashisth
@VIBHU_Tweet
Do you know?

Multiverse is mentioned in several of Hindu Scriptures.

In 1927 came a theory named 'Big Bang' which was a scientific effort to provide some explanation about how our Universe came into existence. It suggested that Universe started as a tiny, hot and dense...


...something that expanded rapidly from the singularity with a big explosion or Big Bang from which formed the galaxies, stars and the rest of the Universe.
However, the science in our Vedas explained these concepts since millennia. Rig Veda mentions Hiranyagarbha and Brahmanda..

...Visphotak which talks about a similar theory.
The concept of Parallel universes may be novel to the modern scientists but it rests very comfortably in ancient Hindu Cosmology. The Puranas are replete with descriptions of many worlds whose inhabitants are ruled by kings in...


...the human plane and Gods in a higher plane. The many Gods in turn belong to many different worlds and planes of existence. At the highest level of hierarchy are the trinity namely Brahma, Vishnu and Mahesha, ruling the divine Kingdoms. Brahma is the creator who dreams...


...the Universe into being, which is maintained by Vishnu. What Humans perceive as reality is in fact the dream of Brahma, misled by matter. Brahman( not to be confused with Brahma) is the ground of all reality & existence. Brahman is uncreated,external, infinite & all-embracing.
ALL