#LendMN itself has become one of the #Mongolia’s most recognisable #fintech platforms.
April 2025, LendMN secured an additional $20million debt financing facility from #Lendable to support lending expansion for #MSMEs and underserved borrowers
https://t.co/TCbic8bMDp
Claude for Excel, PowerPoint, and Word are now generally available, and Claude for Outlook is in public beta.
As Claude moves between your Microsoft apps, it carries the full context of your conversation.
"What I actually learned is that position sizing is probably 70 to 80 percent of the equation. It's not just about being right or wrong, it's about how much you make when you're right."
— Stanley Druckenmiller
Howard Marks: “Buffett says he made all of his money on 12 ideas. Guy invested for 70 years.
Charlie Munger, who was a friend of mine, Warren‘s partner, used to say he made all his money on 4 ideas.”
Megmer "Mike" Moshkin, an ethnic Kalmyk and serviceman of the 27th Infantry Regiment, 25th Infantry Division of the US Army. Vietnam, 1965.
The first wave of Kalmyk emigration appeared in the West after the establishment of Soviet power. Many of them served in Cossack units, primarily in the Don Cossack Host, and left Russia with their units following the Red victory.
🚨 BREAKING: Google Gemini can now analyze any stock like a Wall Street analyst (for free).
Here are 09 insane Gemini prompts that replace $4,000/month Bloomberg terminals:
Save for later🔖
STANLEY DRUCKENMILLER: “I JUST DON’T CARE WHAT I PAID FOR A STOCK. IT’S ABSOLUTELY IRRELEVANT.”
“If the reason I bought a stock is no longer the case, I don’t care if I bought it at 60 and it’s 50. I have no emotion whatsoever.”
“There’s resistance at certain prices because a bunch of people bought at 60, it went down, and they’ve been waiting 3 or 4 years for it to get back. Meanwhile they could’ve been in something else going up the whole time.”
His friends and fellow investors say he’s “entirely unemotional.” His response: “Yes. I’m told that’s true.”
Is that the key to his success?
“I think it’s a big part of it. Being open-minded and having humility. The only reason you can change your mind is if you’re not arrogant about a position.”
“People always forget that 50% of a stock’s move is the overall market, 30% is the industry group, and then maybe 20% is the extra alpha from stock picking. And stock picking is full of macro bets. When an equity guy is playing airlines, he’s making an embedded macro call on oil.”
— Stanley Druckenmiller