m^2

Mathematician, Actuary, CFA

[Mazen Barbir @mazen_barbir]

With gold at ~$4,500/oz, Lebanon’s gold reserves are now worth ~$41B.

I get it.
Selling the gold is a terrible idea.
Thiefs, politicians, etc..
But so is doing nothing with it.

With the right structure and credible global managers, Lebanon could realistically generate $3–5B a year without touching the principal.

That’s 10–15% of GDP.
Every year.
Not aid. Not donations. Not promises.

What could that actually do on the ground?

• Fix electricity so households stop paying twice
• Fund SMEs and trade finance, not “startup conferences”
• Rebuild municipal infrastructure people can see and touch
• Support housing & reconstruction and unlock private capital
• Create real education and healthcare endowments, not slogans

We got lucky with the move in Gold.
Doing nothing at this stage is somehow anti-luck.

Injections of $2.5-$5B can change a lot, with no favors.

🇱🇧

[m^2 @MarcMsanne]

@mazen_barbir Sudden block on your account holding etf due to our infamous passport.. that’s the only real risk

[m^2 @MarcMsanne]

@BasketPals Refs performance getting shittier every game

[m^2 @MarcMsanne]

@joylahoud Useful idiot

[m^2 @MarcMsanne]

@joylahoud mutually agreed movie; gives Salam also a boost

[m^2 @MarcMsanne]

@MokhtarGhazzawi @riachi_jean Nchalla la2

[m^2 @MarcMsanne]

@MokhtarGhazzawi @riachi_jean Seems mikati for the moment

[m^2 @MarcMsanne]

Ekhir marra bt choufiya

[Halima El Kaakour | حليمة القعقور @halime_el]

ان قرار فتح المدارس بضغط من "اتحاد المدارس الخاصة" يعتبر خطيرا جدا للأسباب التالية:
اولا: يعتبر هذا القرار ضربة أخرى للمواطنة والانتماء للدولة للكثير من الطلاب الذين خسروا مدارسهم، وبيوتهم، وجزء من طاقمهم التعليمي... والذي نعتبرهم بهذا القرار خارج حسابات الدولة...
ثانيا: هذا القرار يحمل في طياته فكر تقسيمي مقيت بعنوان "نحن وهم" وليس فكر تضامني ووطني.
حضرة الوزير انت مطالب بتأجيل العام الدراسي لوقت محدد يتم فيه وضع خطة طوارئ بطريقة تشاركية لا تترك أحدا ولا تميز ضد أحدا ونحن حاضرين للتعاون.
نشدد على رفضنا ومسائلتنا لأي قرار لا يحمي الجميع دون تمييز.
#حق_التعليم_للجميع #لا_نترك_احد

[Imad @ISuccar]

يلّي مش عاجبتو الرهبنة والكنيسة والخوارنة والرهبان، يحط ولادو بمدرسة البتول، كويسة واسعارا رخيصة.

حركات الشيوعيين ومرض اللايكات وجوع الشهرة بلاهن.

[m^2 @MarcMsanne]

@Jessica_Obeid or both

[m^2 @MarcMsanne]

@BasketPals 4 technical fouls didn’t help at all

[m^2 @MarcMsanne]

@Jessica_Obeid كل شي ببلاش ، كتّر منّو

[Not Jerome Powell @alifarhat79]

🤣🤣🤣

[m^2 @MarcMsanne]

@ynormai @polkhoury I must be deaf

[m^2 @MarcMsanne]

Very well said

[Mazen Barbir @mazen_barbir]

Want to be rich? Get into Finance.

Ha! Think again.

I tweeted about job openings in hedge funds and IB where annual compensation is estimated at $1.5M - $2.5M, then my DM blew up with people asking which degree or master's or certification is required to get into such roles.

Let me break it down for you.

An undergrad degree, a master's, or a certification, be it in Finance, MBA, CFA, or any other for that matter, is just like a Driving License.

It only tells the world that you know the basics of driving a car.

Whether you end up depreciating the car, working it as a UBER driver, or making it all the way to be a rich F1 driver is 90% up to you.
The odds of success are probably about the same in Finance.

It is rarely about the degree.

I guarantee you: find a rich finance person, a rich doctor, a rich engineer, or a rich anything.. if they had started in another domain, they are more likely to have been successful as well.

From observation, what does it require?

TOOOOOOOP University (Brand matters)

If you can’t get to the top, have an astounding reason for “Why not?”

Tangible and Quantifiable Ambition above all the other candidates… I stress TANGIBLE & QUANTIFIABLE

While you are out, they are studying and researching
While you are on a gap year, they are solving exams and entry interviews
While you are trading meme coins, they are studying programming and machine learning
While you are choosing easy electives, they are going for the toughest.
While you are complaining about bosses with other interns, they are creating value.
While you are doing the job, they are stretching the boundaries.

Good luck with the 10%.

[m^2 @MarcMsanne]

@adelafiouni @mohamadkaisi This will only open more doors to affiliations, connections… would never be applied in the intended way

[m^2 @MarcMsanne]

@anthonysamaha Switzerland 🧐

[m^2 @MarcMsanne]

@Omar_ghxd 400 years ahead chronologically 🤔

[m^2 @MarcMsanne]

@masss11 Could be related to the fact that this will the smallest bill in circulation moving forward so the real sequence that matters would be the one on the bigger note?? Aw we’re definitely doomed 😁???

[m^2 @MarcMsanne]

@Hraoui17 He can be anything but the party communication figure.. what a bad decision done long long time ago.. every now and then he has an episode