Everyone wants to make money or be an investor...
But most people don't speak the language of investing.
Here are 16 terms every VC knows but most investors don't:
How does @Nithin0dha manage his money? The short answer is @nikhilkamathcio does it for him. Nithin hasn't traded since 2010. But if he could allocate a hypothetical 100rs, he says he would go all out on equity after setting aside an emergency corpus. Article by @SatyaSontanam
Some people spend months or years building apps that need 10 million+ users to be successful.
I buy boring businesses that I know will have 100+ paying customers a day.
One of those times when Govt T-Bills are yielding more than most 1-year fixed deposit rates of banks. G-Sec yields are far higher.
Btw, you can invest in T-Bills, G-Secs and SDLs on https://t.co/00UoDtHXGO
1) I am holding 95% of my portfolio as I was during the peak.
2) I am buying more stocks.
3) I am a long-term investor.
4) I DO NOT plan on holding stocks FOREVER.
5) If there are profit booking opportunities, I will book profits.
Throughout his career as a bank manager, my dad has invested in stocks, MFs and insurance through various entities. Despite working in a brokerage firm and my best efforts, I have been unable to help him consolidate his investments and help him exit the wasteful investments. 1/3
My priority while hiring is Attitude, willingness to learn, and intention.
I keep skillset secondary.
Because I can teach the skillset but not the first three.
17 threads that will teach you 100x more about getting rich than any classroom.
1. Capitalism is brutal unless you know how to use it. @BrianFeroldi
https://t.co/HfO3U445Pj
"Asymmetric opportunities:
Invest in startups
Start a company
Create a book, podcast, video
Create a (software) product
Go on many first dates
Go to a cocktail party
Read a Lindy book
Move to a big city
Buy Bitcoin
Tweet."
@naval
Most of us are walking a financial tightrope. Disease, disability or accident can throw us down. Investing can wait. First focus on having adequate risk covers and emergency fund.
The last 24 months I've done more deals than ever:
$30 million in port co revenue, raised $12m in capital, and $10 million+ of our own money + strategic debt. Most we haven't deployed yet...
Now we run a media company, VC fund & hold co w/ a team of 21.
What I've learned:
Bitcoin has no fundamental value because like a stock, it does not generate any cash flow.
Such notion stems for laziness because people simply refuse to read up even the basic facts.
A thread...
Flight ticket/hotel prices have gone up by roughly 20% this year.
If you are a travel Vlogger (or aspiring to become one), inflation for you might not be 8%, it might actually come out to be 20%.