Marcus Pennington

Replyboi with a following of spam bots:
Your assets are someone else debt.

[Marcus Pennington @CashFlowComedy]

@MikeFritzell Also dbs keeps proposing me incentives to move to the brokerage, same for Phillips : i am not sure why, i believe custody fees are waived for sgx stocks

[Marcus Pennington @CashFlowComedy]

@MikeFritzell Interesting choice about including Singapore in this initiative since most of the western and East Asian market were excluded, together with Thailand, Philippines, etc.

[Marcus Pennington @CashFlowComedy]

Sometimes the best form of risk management is taking profits

[Marcus Pennington @CashFlowComedy]

@bentan__ Because 1/PE isn’t the expected return on equities. Earnings can grow nominally with inflation/economic growth; a Treasury coupon can’t.

[Marcus Pennington @CashFlowComedy]

@thenuarebirth Does Meituan have a good record also in overseas market less homogeneous than HK ?
My understanding is that Keeta eg. was not able to make a dent in the UAE delivery market for the last year, and just got famous for some (hilarious) bad chat cs screenshots like “ok, cry”

[Marcus Pennington @CashFlowComedy]

@BanyanLaneCap @Investor_NICK_ One thing that it’s not said enough about the Covid and china super cycle is #1 price positioning impact on margin : Europe revenue (excl tax) is 80 when china maybe 120, USA 100… surely when the shift to Asia wave (+covid) receded it wasn’t pretty on margins.
Capex/RE cycle #2

[Marcus Pennington @CashFlowComedy]

@leevalueroach what do you think about the merger: what I read is that old Rayonier was a pure land owner, now it owns six sawmills and aside saw timber they are exposed to pulpwood where it's harder to imagine a mean reversal

[Marcus Pennington @CashFlowComedy]

@0x_Zhuang Singlish is very efficient.
Scoot cabin crew pushing down the aisle: "ARMS AND LEGS, CART IS COMING".

[Marcus Pennington @CashFlowComedy]

@JasonHassold the tool is excellent for pure typing replacement in text-heavy workflows, but the combination of cost + privacy trust + the fact that it’s “just” better dictation (not a full productivity overhaul) keeps many people on the keyboard

[Stephen Stone - PhD Tricknologist @Stephen19718352]

Boomers and Gen X are permanently stuck in 2009 when employers were able to hire serious talent and be picky. Also $100k was very high. They can’t believe this isn’t reality anymore.

I work for a midsized company and for some reason we will interview like a customer service rep 7 times for a job that pays $55k

[Marcus Pennington @CashFlowComedy]

@MrFamilyOffice 3ply toilet paper

[Marcus Pennington @CashFlowComedy]

@brianluidog Like in YouTube payouts should be proportional to the revenue your *audience* contributes, no matter where you reside.
After all they are sharing advertisers interest.
In YouTube this for example avoids too much incentives in farming audiences with low ad investment per view

[Matthew LaBosco @matthew_labosco]

High cortisol is aging you from the inside out — and most people have no idea.

Wrinkles, sleep loss, poor recovery, low libido.

Here are 7 natural ways to reduce cortisol and stay young:

1. 4 seconds in. 8 seconds out.

[E-go @EgoDriv]

If you’re a hyperactive, high agency type of guy, the only path where you don’t go insane is entrepreneurship. It’s the only life that will stimulate you enough and put you in different situations and problems that actually make your brain function. The more you try to tame that energy the less you will feel alive. Some of us were made for complexity and ambiguity. The safe path is the most dangerous one. You know deep down you’re made for something different. Business is what gives you that. Avoid traditional jobs at all costs. Of course the price is high stress, uncertainty and lots of ups and downs… but let’s be honest, would you have it any other way? No. It’s too boring.

[Marcus Pennington @CashFlowComedy]

@kwharrison13 ThinkCell owes its entire business model to Microsoft's incompetence. Took them decades to add waterfall charts to PowerPoint, and when they finally did, they made them terrible.

Apple would've Sherlocked this in year two with a flawless native implementation.

[R.F. Kenmore @rfkenmore]

No serious person thinks luxury is dead

And saying luxury is now “for middle class” is braindead lol

Luxury has pushed even further up market and value has raced to the bottom

Look at what happens to positioning when any luxury conglomerate invest in/acquires smaller brands (see: ALD, Stone Island)

You think they democratized those brands?

Buck Mason today is just J Crew — and to a lesser degree, Gap — of the 90s/00s

The Middle Class is not shopping even Buck Mason in any meaningful way, as they would have those brands

Let alone actual luxury

We are in a barbell economy now

[Find me on bsky @colin-fraser.net @colin_fraser]

I hate this age

[Marcus Pennington @CashFlowComedy]

@buccocapital 38% cogs including alcohol looks definitely rich (would have been 30% max), but 35% labour is egregious especially if this is the US with tipped staff ?
… occupancy (rent, amortisation, utilities), selling (card fees, mktg, etc) and g&a (if any) looks well within benchmark.

[signüll @signulll]

mckinsey consultants “learn” your business by strip mining you. they have already done the same thing to your competitors.

then they package everyone’s secrets as best practices & sell them back into the same market like some bizarre intellectual arbitrage.

remarkable.

[Marcus Pennington @CashFlowComedy]

@AviFelman That says more about (ex) soviet public school system. And in general pre-enshittification Europeans always marvel at how specialised some other countries education systems are, they will say of American colleagues “great at what they do, can’t talk to them about anything else”