🇺🇸🎅PATRIOTSTORYTIME🎅🇺🇸

‘Twas the night before Christmas, when all thro’ the House,

2Not a swampcreature was working, not even a mouse;

3The stock market was flush with all of Trump's flare,

4In hopes that St. Nicholas soon would be there;

/1/

Franklin Investors are asking if they vote YES when will they get back full payment & what is time limit for winding up. This thread answers their questions which none is answering and all investors want to know

Investors need to refer to #SEBI Rule 14.5 which governs Distribution of Proceeds realized by MF from investments which are illiquid at time of winding up

If amounts are realized from illiquid investment after 2 years of winding up it has to be transferred to Investor Education Fund

Hence the mutual fund is required to sell all bonds within 2 years of winding up i.e. 23rd April 2020. So investors will get back entire amount by 22nd April 2022.

So Winding Up Process cannot continue indefinitely as is being misunderstood by most of investors Experts & even MF

As 2020 as 2020 was (no typo here), 2020 was a great year for some investors. If you invested in some stocks, you could have gotten 10 times your money. Crypto got more adoption etc

Going into 2021, the phrase “regression to the mean” has been on my mind. The phrase simply means

that life averages out, or life tends towards a steady average. That is, years of high gains or huge wins are often followed by years of lower ones such that when we look back, growth maintains a steady average

What does this mean? 2021 might not be as great a year for the stock

market and other high-risk investments as 2020 was. It also means that if you’re going into the stock market or buying crypto because you want to double/triple your money in a few months as some people did in 2020, that might not happen.

If you’re looking to invest, do it for

the long term. Don’t take high risk or invest in things you don’t understand. Take your time. Do the research.

“When the student is ready, the teacher will appear” - Lao Tzu
When the time is right, the right opportunity for you will present itself. You just have to prepare

yourself (get ready)

2020 has given some of us a taste of supernormal returns. People were doubling their funds in days/weeks etc. When we see returns like these, it isn’t easy to rate any investment that’s not offering something close to that in a similar time frame

But here’s

Running through the public information for @PlugIntoPaysafe $BFT.

I've leveraged available information from @Square $SQ, @NuveiTech $NVEI, and @Paypal $PYPL.

1/25

@MrZackMorris

Our major new analysis of the EU-UK trade deal highlights ten areas that must be addressed urgently to deal with non-tariff trade barriers looming come January 1st.

Although the Johnson deal is better than a WTO arrangement, it will still result in ‘considerably higher barriers’ to trade.

identifies areas of concern ranging from regulatory challenges and data issues to membership of the Erasmus scheme and climate change.

Commenting @BestForBritain CEO @pimlicat has said:

“This deal was negotiated at speed, and it shows. It is far from the comprehensive deal voters were promised”

“it is woefully thin on services that account for the lion’s share of our economic power, and it bares little resemblance to a modern trading agreement.”

Unpopular opinion: CentOS switching to Stream is not a bad thing at all.

When you wanted to run Openstack on CentOS in 2015, you needed to enable https://t.co/paegQ99rAj to even begin an install. The first thing that did was literally replace every single package in the install.

That was, because CentOS at that time was literally making Debian Stale look young.

And we see similar problems with Ubuntu LTS, fwiw. LTS comes out every 2 years, and that's kind of ok-ish, but it lasts 5 years, which is nonsensical.

It was not, in the past. So what changed?

Software Development.

We have been moving to a platform based development approach, leveraging the wins from DevOps.

"Kris, that's corporate bullshit."

It's not, though. Let me spell it out in plain for you.

People these days do not program in an editor, with a compiler.

They use Github or Gitlab, with many integrations, and a local IDE. They commit to a VCS (the VCS, it's spelled git), and trigger a bunch of things.

Typechecks, reformatters, tests, but also code quality metrics and security scanners.

Starting a new programming language in 2020 is not as easy as it was in the past, because you do not only need a language, but also a JetBrains product, SonarQube support, gitlab-ci.yaml's…

This FT piece on deb #cancellation is interesting and poses a few interesting questions.

Let me begin with what I do not like.

The case against cancelling debt at the #ECB https://t.co/o0Vvvf6leU

#monetization 1/

The excessive focus on Italy is off the mark. Any serious discussion on sterilizing this exceptional debt linked to the pandemics should concern all EMU countries. All have had a spike in deficit

2/

Nor I like the argument that debt sterilization would not bring fresh cash. It would not, and of course it would not be needed. EMU public debt is today (and for a long period to come) in excess demand. On top of that the ECB will keep the PEPP umbrella open for a while

3/

Sterilizing the EMU pandemics-related public debt is a medium term issue, related to future fiscal space. Will this exceptional stock of debt that built in 2020 constrain EMU countries in their ordinary fiscal policies in the future? This is the question to ask
4/

If the answer is yes (I believe it is), then sterilizing that debt is eventually going to be an issue to be dealt with. And the ECB will have to be part of the solution
This is what the FT seems to suggest too (this is why the piece is more complex than it seems)
5/

Since @SEBI_India has imposed new decisions for peak margins, making Retail Traders suffer the most and big players take advantage by doing easy manipulation of the market.
#SEBIagainstRetailTraders

After this decision trading in derivative segments will be done by a handful of big players. It seems like they are working in favor of HNIs or big players in the stock market.
#SEBIagainstRetailTraders

It is a worldwide practice that more than 90% of trade volume comes from retail traders(small traders), who utilize leverages from brokers in order to make money from the stock market.
#SEBIagainstRetailTraders

Since the start of the lockdown period, there was only 1 industry that was still grooming, this was indeed the stock market. Many people who lost their jobs, businesses during this tough time, saw a ray of hope in trading to support their livelihood in a dignified way.

It seems their last hope to earn livelihood in a dignified manner is also fading away.
#SEBIagainstRetailTraders

Checking in on the energy investing framework as we approach year end 2020

First we revisit the rules. 1) Equities follow crude

2) Crude timespreads momentum dictates crude price momentum. Strengthening timespreads = strengthening crude price

3) Over the medium term, crude follows a) global inventories & b) Emerging Markets (BRICS) growth.

In a nutshell, as goes the global business cycle, so goes the energy cycle

#1 Crude vs OECD inventories #2 Crude vs BRICs GDP

The energy cycle consists of inventory build & draw periods

Draws=bullish
Builds=bearish

Energy equities (red, inverted) and crude inventories

🚨🚨🚨
1/ #Smartmatic partnered with Haiti in 2012 (for a ~$53M project); this email (& thread) directly connects four key members of the Clinton Foundation to that decision and much much more.

@GenFlynn
@CodeMonkeyZ
@LLinWood

Remember the date this was sent: May 17th 2010

HOW TO MAKE MONEY SELLING PUTS

The low-risk method for turning limit orders into cash.

It doesn't take a genius to know that the stock market is overvalued.

Airbnb shares hit the market today and doubled right away. This in a time when half the planet is shut down and many people are scared to travel.

Of course, that's just one example. There are plenty more companies with impaired fundamentals now trading at or near al-time highs.

It is very hard to find a bargain anywhere, similar to June / July where everything popped, only to tank in value by September.

This means you have three options:

1) Sit in cash.

2) Buy now, expecting both a future drop and recovery.

3) Sell puts , treating them like limit orders and collecting cash while you wait for share prices to fall.

We'll focus on number three.

Also, quick disclaimer: I'm obviously no financial expert and this thread is purely for entertainment purposes only.

Anyway, back to the main content.

As I completed 23 years on this lively planet and 5 years in this stock market, I want to share my 23 mistakes of my Investing journey.

A thread🧵

1. Quick Money
I begin with the stock market in a thought that it is an easy and fastest way to make money. Initially, I begin with buy and hold strategy but I felt, that is not what I came for and so I initiated with trading and in few months, (1/n)

I made some good returns, in the next succeeding month I lost my profit and my initial capital. (due to demonetization).

One quote revamp my mind “Rome was not built in a day and Hiroshima and Nagasaki were destroyed in a day” (2/n)

2. Taking tips from News Channels
I lost my faith in 2016 due to such a heavy loss and embark to take tips from TV channels and follow them on daily basis. I don’t know about others but this step failed me miserably. (3/n)

TV channels are just for TRPs, if they don’t provide tips, viewers shift to another channel, while you know the rest.(4/n)

@ttmygh @htsfhickey @fleckcap What a great podcast!

Summary of stocks mentioned follows...

THREAD.

@tttmygh @htsfhickey @fleckcap

@htsfhickey @fleckcap $AEM is considered the premier miner cuz location of mines, only in North America and 1 in Finland. Also great acquisitions at the bottom. Earned $.80 in the Q, up 122% YoY, hiked div 75%, near record production, in spite of some planned shutdowns.

@htsfhickey @ttmygh @fleckcap

@htsfhickey @fleckcap $AEM Analysts estimate $4.07 conservatively this year, PE 15. And that for the premier gold stock with the best locations and the best management. And that's the highest PE.

@htsfhickey @ttmygh @fleckcap

@htsfhickey @fleckcap $AEM in growth phase, 20% over the next couple of years, they've spent all the capital. Expect their cost to come down as the production goes up.

@htsfhickey @ttmygh @fleckcap

@htsfhickey @fleckcap $NEM PE 12, just had the best Q in history, div policy based on cash flow (was enormous), increased divs 2x, possibly another 50% increase coming. Won't grow production but will grow cash flow & earnings.

@htsfhickey @ttmygh @fleckcap

Vascon Engineers; Price objective INR 30
Buy in 2 tranches between INR 14.5-12

Strong Execution record: 
The company has strong clientale  and has more than 30 plus years of experience across commercial, residential and own real estate development which include big names

like Cipla SeZ, Ruby Mills  Mumbai, Suzlon  one, MLCP Delhi Airport and various IT companies like Zensar, WNS , IBM, Mastek, Mphasis  etc.

Company has strong order book of 2000 cr which is 4x its FY20 revenue gives visibility of next 2 -3 years. The company has started

winning new orders also.

The company is confident of  reducing its current NET debt of INR 187crores substantially from revenues of existing projects only, Montization of non core assets and sale of Windermere.

The company has taken various cost measures during COVID and

they are likely to remain and would boost profitability of the company and improve margins.

The company has good real estate pipe line of more than 100 cr plus for next 12 -18 months.

75 pc of order book is largely from Government based projects where cash flow issues are

not there.

Company has witnessed good traction in real estate biz post Maharashtra Government announced stamp duty reduction from 5 pc to 2 pc.

Company is confidence of achieving FY20 numbers in FY21 as execution is now at normalcy with sufficient labor availability against