Marios Nikas

Investing in businesses I understand. Ch.Munger &Ben Franklin nut. Studied Civil Engineering & Finance. ex Market Risk at @Natixis. ex Marines-GR Special Forces

[Marios Nikas @sonloredan]

A Plan for the Western World’s Revival by Jamie Dimon https://t.co/AhxRIFBT13 via @WSJopinion

[Investment Wisdom @InvestingCanons]

Peter Lynch:

“People are very careful: they spend hours to get $50 off an airplane flight. They look at everything. And [then] they'll put $10,000 in some crazy stock they heard about on the bus.”

[Marios Nikas @sonloredan]

Easily the next bust! ridiculous how people strive to believe these people's bonkers ideas.
Michael Saylor’s Strategy bought $39.4 million of Bitcoin, leaning again on its common stock to fund purchases of the cryptocurrency for a third consecutive week. https://t.co/I61xrxsS32

[Marios Nikas @sonloredan]

@hellenicpolice μπορείτε παρακαλώ το περάσετε στην δίωξη ηλεκτρονικού εγκλήματος να ελέγξετε την απάτη αυτή με τα fuel pass:

[Marios Nikas @sonloredan]

The Private-Credit Party Turns Ugly for Individual Investors!!
of course this also came with a fancy name BDC-Business Development Company! Finance world (human nature could say) is so predictable every time🤣 #KKR #Blackrock https://t.co/38VXNRdajA

[Marios Nikas @sonloredan]

Lehman Brothers’s London unit can finally close, a little over 17 years after the US lender collapsed in one of the largest bankruptcies ever https://t.co/MNTyM4XpeF

[Marios Nikas @sonloredan]

absolutely to the point this comment!
try erase any negative thought possible, on purpose, in your daily life! miracles will happen soon!

[The Greek Analyst @GreekAnalyst]

For years, I’ve advocated that Greeks should eliminate our constant negativity and cynicism. Science seems to agree.

[Marios Nikas @sonloredan]

@GreekAnalyst or (when seeing things a bit differently than conventional wisdom) the world is still just normal with its boom and bust cycles for all nations!

[Marios Nikas @sonloredan]

@GreekAnalyst @pirpirikos δεν είναι ακριβώς έτσι τα πράγματα και ειδικά τα νούμερα… οι περισσότεροι ξεχνούν το κούρεμα των ελληνικών ομολόγων που στοίχισαν στις τράπεζες τεράστια ποσά (και ναι μετά έγιναν ανακεφαλαιοποιήσεις με επίσης πολλά λεφτά).
δείτε μελέτες Χαρδ/λη +ΤτΕ

[Marios Nikas @sonloredan]

every single 🇬🇷CEO &executive should watch this and consciously assimilate this lesson regarding equity ownership of a business and how wealth is created

[Startup Archive @StartupArchive_]

Jeff Bezos explains why he didn’t take additional equity building Amazon

Jeff is asked why he only paid himself $80,000 per year and never took additional equity during his tenure as CEO of Amazon. He responds:

“I asked the comp committee of the board not to give me any comp. My view was I was a founder. I already owned a significant amount of the company, and I just didn’t feel good about taking more. I felt I had plenty of incentive. I owned more than 10% of the company, and earlier — before it was diluted by various things — more than 20% of the company. I just felt how could I possibly need more incentive?”

Jeff continues:

“Most founders own big chunks of the company. They’re more like owner-operators. The way they increase their wealth is not by getting more equity. They just want to make the equity they have more valuable. And so I just would have felt icky about it. And I’m actually very proud of that decision.”

Jeff is especially proud of how much wealth he’s created for other people:

“Somebody needs to make a list where they rank people by how much wealth they’ve created for other people — instead of the Forbes list where it ranks you by your own wealth. Amazon’s market cap is $2.3 trillion today. I own about $200 billion-ish of it. So if you take $2.3 trillion and subtract out the piece I kept for myself, then I’ve created something like $2.1 trillion of wealth for other people. That should put me pretty high on some kind of list. And that’s a better list — how much wealth have you created for other people?”

Video source: @nytimesevents (2024)

[Kevin Carpenter @kejca]

Charlie Munger: "When I saw that psychology was necessary — and I didn't have it — I didn't just learn the little tendencies well enough to get A's in psychology. I learned those tendencies well enough to synthesize them with the rest of knowledge. That's the right way to do it."

[Marios Nikas @sonloredan]

fun fact about Israel: several key scientists that were at the core of founding a new frontier in psychology (behavioral science) are Israelis!

then combine this info with the intelligence operations of EDF!

[kyranakis @kyranakis]

Σε συνεργασία με το Υπουργείο Ψηφιακής Διακυβέρνησης και την Αυτοδιοίκηση, περισσότερες από 2.500 κάμερες θα έχουν τοποθετηθεί ως το 2026 σε όλη την Επικράτεια και μέσω του Ενιαίου Πληροφοριακού Συστήματος, θα έχουμε για πρώτη φορά ψηφιακή επίδοση κλήσεων.

[Marios Nikas @sonloredan]

ECB Governing Council member Yannis Stournaras says the US’s unpredictable behavior on tariffs is undermining the dollar’s status as the global reserve currency and is an opportunity for the euro https://t.co/S0AS0mJ2du

[Investment Wisdom @InvestingCanons]

Warren Buffett:

“I spend more time looking at balance sheets than I do income statements. There are certain things that are harder to hide or play games with on the balance sheet…”

“I like to look at balance sheets over an 8 or 10 year period before I even look at the income.”

[Marios Nikas @sonloredan]

what the heck @NovaGreece in the train Athens Thessaloniki and there is no signal of yours for about 90% of the route🤯🤯🤬🤬😡😡

[Marios Nikas @sonloredan]

Athens-Thessaloniki train has no wifi, but also the mobile service providers give no signal (4G, not talking about 5G) for 75-80% of trip! practically you cannot work if u need internet
@kyranakis quick-win idea: force Hellenic Train to install @starlink & @govgr to cover costs

[Tren Griffin @trengriffin]

I had breakfast with my close friend Michael Mauboussin yesterday.

He describes the "fade rate" as the speed at which a company's competitive advantage erodes over time. It quantifies how quickly the benefits of a company's moat diminishes due to competition."

Charlie Munger:

[Ray Dalio @RayDalio]

If you don't mind being wrong on the way to being right you'll learn a lot--and increase your effectiveness. But if you can't tolerate being wrong, you won't grow, you'll make yourself and everyone around you miserable, and your work environment will be marked by petty backbiting and malevolent barbs rather than by a healthy, honest search for truth.

You must not let your need to be right be more important than your need to find out what's true. Jeff Bezos described it well when he said, "You have to have a willingness to repeatedly fail. If you don't have a willingness to fail, you're going to have to be very careful not to invent. #principleoftheday

[Investment Wisdom @InvestingCanons]

"Risk means more things can happen than will happen."

— Howard Marks