Bobby Snider

[Rep. Eric Swalwell @RepSwalwell]

BREAKING — Can you help? 4 years still unsolved….FBI releases NEW footage of Jan. 6 pipe bomb suspect. Take a look.

[Md Riyazuddin @riyazmd774]

I surf the web daily, and

Here are 20 incredibly useful websites you probably didn’t know existed.

Trust me, you’ll want to bookmark these… 🔖

[Dr. BP | Metabolism 2.0 @DrBPHealth]

We cannot escape aging.

However, inflammation is a major accelerator of aging.

Lower your inflammation = slow down your aging

I will cover the tests that measure your inflammation levels to see where you stand.

THREAD

[Jamie Dupree @jamiedupree]

🚨🚨 The Jan. 6 security tapes have a big surprise.
There is video of attorney Ken Chesebro & Trump campaign aide G. Michael Brown handing off fake GOP elector documents (from Wisconsin & Michigan) to aides of Rep. Mike Kelly R-PA - on Jan. 5. 🧵

[Nancy Lieberman @NancyLieberman]

Twitter Refs… You guys tell me. What do you think?

[Massimo @Rainmaker1973]

Repeat the 4 moves for 17 times and you will get back to the Rubik's cube solved configuration

[📹 Pushpa Mangade]
https://t.co/DOow5E5sNU

[Jeremy Singh @singhcredible]

One of the worst injuries you need to avoid:

Plantar fasciitis.

I’ve spent 100s of hours reading the research so you don’t have to.

Here’s how you can protect your feet from pain (for good):

[Sean Kelly @seanpk]

9 years ago, Tony gave me the morning routine of champions.

Once I religiously followed his routine, my whole life changed.

Stop using your phone and try this morning routine Tony Robbins taught to President Clinton, Serena Williams, Marc Benioff, Conor McGregor, and me 👇

[Historic Vids @historyinmemes]

Gotye gave us an addicting song, then became somebody that we used to know. "Somebody That I Used to Know" is a mid-tempo ballad released in Australia and New Zealand on July 5th, 2011. It is certified Multiplatinum in ten countries, including Diamond in Australia. The song has sold more than 13 million copies worldwide, becoming one of the best-selling digital singles of all time.

[Bobby Snider @SniderBobby]

@QBInstitute @BarstoolUIowa Clearly the hand is moving forward. A disgusting call

[Richard Moglen @RichardMoglen]

@FromValue The best and worst days occur during volatile corrections.

The data you show is misleading. See thread.

https://t.co/tUcvGMbjVu?

[Twinning @Twins4Trump]

@SpeakerJohnson ALL AMERICANS agree on closing OUR borders!!

[Bobby Snider @SniderBobby]

@CFBONFOX @CycloneFB Try hards

[Daniel Mahncke @MnkeDaniel]

“I think I could make you 50% a year on $1 million. No, I know I could. I guarantee that."

Buffett used to achieve annual returns of over 50%.

But he didn't do it with the strategy he preaches today.

I studied Buffett’s Letters from 1956-1966. Here's his strategy:

1. Categories of Investing

Buffett used to distinguish between 3 categories of Investments.

In 1964, he decided to add a fourth one:

- Generals
- Private Owner Basis
- Work-Outs
- Control Situations
- Generals Relatively Undervalued (added in 1964)

1.1. Generals

Generals were disliked, overlooked, and thus undervalued.

They had no visible catalysts and could take years before they played out.

This was the largest category of the portfolio and mainly consisted of five to six positions, each weighted at 5-10% of total assets.

1.2. Work-Outs

"Work-outs" is a term that isn't used anymore in the investment world.

Today, such situations are known as “Special Situations.”

The price of these situations doesn’t depend on supply and demand created by buyers and sellers but on corporate action.

This makes them more predictable and less correlated to the market.

Common examples are mergers, bankruptcies, or restructures.

1.3. Control Situations

In these investments, Buffett bought enough stake to actively influence the policies of a company.

Sometimes, he bought the whole company.

The timeframe for these situations was several years since it took time for the businesses to react to the changes.

And often even more time until the market realizes the change within the company.

As with the work-outs, there’s little correlation with the general market.

Many companies that Buffett eventually turned into Control Situations started out as Generals.

1.4. Generals Relatively Undervalued

This category was added in 1964.

It consists of companies undervalued compared to companies with the same characteristics.

It’s crucial that you compare apples to apples here.

Very few companies are so similar that a comparison between them is fair.

A big problem with this category is the possibility of a general overvaluation in an industry or the whole market.

If you buy the cheapest company in an overall expensive market, you still buy expensive stocks.

Because of this, the market environment did play a role in these investments, and Buffett demanded an extra high relative undervaluation.

2. Conservatism and Diversification

“True conservatism is only possible through knowledge and reason.”

Buffett disagrees with the conventional definition of conservatism.

Buying government bonds, blue chip stocks, and being (over)diversified.

He calls over-diversification the “Noah School of Investing - Two of Everything.”

There are no conservative assets by default.

And being right isn’t measured by how many people hold that opinion.

It’s measured by the facts.

3. The Right Yardstick

Before deploying any capital, you need to have a yardstick in place.

Something you can measure your success and methods with.

If not, opportunity costs by underperforming can cost you enormous amounts of money in the long run.

"We feel it is essential that investors and investment managers establish standards of performance and, regularly and objectively, study their own results just as they study their investments."

4. The Superior Investing Style?

Interestingly, almost all of the great investors started with a strategy similar to this.

The reason for that is that this strategy does exceptionally well at quickly maximizing returns.

Once you build a sizable portfolio, a couple million dollars, the universe of stocks you can invest in gets smaller.

That's why most investors then switch to a high-quality company approach that focuses on compounding through buy and hold.

[sleazy car salesman @SlezCarSalesman]

gave me goosebumps
everyone needs to hear this 🇺🇸

[Jacob Turner @TheJacobTurner]

How do you choose a financial advisor?

One of the best ways to start in 2023 is to follow them here.

You can learn how they think, what they focus on, and how they help.

Here are 9 fellow financial advisors and some of their best work:

[Bobby Snider @SniderBobby]

@ilove_aviation Mmm
T ggghhhhhjjtmjq pop LP hh I iuhhhbbbb I L ok I poop poop

[Clint Murphy @IAmClintMurphy]

If you sleep less than 8 hours, read this.

It may actually save your life:

[Go Bluesky (@StrictlyChristo.bsky.social) =🦤➡️🦋 @StrictlyChristo]

Big orca slipstreaming a boat wake and loving it. 🐬

[Lorenzo Green 〰️ @mrgreen]

R.I.P., Siri.

Hello, ChatGPT.

Now you can replace Siri with ChatGPT.

It’s free & takes 30 seconds.

It works flawlessy.

You can see it in action here.

Setup instructions below:👇