Let’s say our wonderful government gives you a “free” university education. If your average monthly salary is for eg. R40k per month, you’ll pay around R4 million in PAYE tax by the time you retire. + R2 million in VAT.

This is what “free” stuff from government looks like.

Btw, this excludes all the other levies, taxes and duties you’ll pay throughout your life.
But ok, government provides policing, state hospitals, basic education, etc, right?

Wrong. These institutions are so dysfunctional that you’re going to end up paying thousands every month for private medical, schooling, security, etc.
Please tell me why we have one of the highest personal income tax rates in the world?

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One of the most successful stock trader with special focus on cash stocks and who has a very creative mind to look out for opportunities in dark times

Covering one of the most unique set ups: Extended moves & Reversal plays

Time for a 🧵 to learn the above from @iManasArora

What qualifies for an extended move?

30-40% move in just 5-6 days is one example of extended move

How Manas used this info to book


Post that the plight of the


Example 2: Booking profits when the stock is extended from 10WMA

10WMA =


Another hack to identify extended move in a stock:

Too many green days!

Read
"I lied about my basic beliefs in order to keep a prestigious job. Now that it will be zero-cost to me, I have a few things to say."


We know that elite institutions like the one Flier was in (partial) charge of rely on irrelevant status markers like private school education, whiteness, legacy, and ability to charm an old white guy at an interview.

Harvard's discriminatory policies are becoming increasingly well known, across the political spectrum (see, e.g., the recent lawsuit on discrimination against East Asian applications.)

It's refreshing to hear a senior administrator admits to personally opposing policies that attempt to remedy these basic flaws. These are flaws that harm his institution's ability to do cutting-edge research and to serve the public.

Harvard is being eclipsed by institutions that have different ideas about how to run a 21st Century institution. Stanford, for one; the UC system; the "public Ivys".