The old conservative versus liberal thing, or the left/right division has been completely obliterated, and sometimes directly reversed. Originally, those on the right were defenders of the status quo, which meant they were fine with the world being run by bankers and aristocrats.

Back in the 1880s conservatives were those people who wished to conserve the status quo. Hence the name. They were quite satisfed with the way things were set up, and why should they not be? They were rich and connected and had it made.

Liberals were those who were not satisfed by the way things were, and so they were pushing for reforms. In general, they wished to see more fairness in government policies.

They wanted those not “of the manor born” to be given a fair shot at good employment, good wages, court access, and all the various fruits of society.

The founding fathers have even been sold as liberal in this sense, since although they were rich guys, fully connected, we are supposed to believe they believed in democracy, republicanism, and fairness in general.

That is why they go on and on about that in the Declaration of Independence and Constitution. Those are liberal documents, in that they deny not only the divine rights of kings, they deny any other sort of favoritism based on name or birth.

Paul Warburg attended as the American representative, at the Treaty of Versailles conference, where his brother Max was on the German side of the bargaining table…. Before World War II, Max Warburg served on the board of directors of I.G. Farben, the giant German chemical firm.

The mainstream is now admitting Hitler was at least partially Jewish.

https://t.co/FepOy8OI0E

So why do I trust them when they tell me this. I will tell you why. It isn't because I trust them on this question.

In 1928, the American holdings of IG Farben, the American branches of Bayer Company, General Aniline Works, Agfa Ansco and Winthrop Chemical Company, were organized into a Swiss holding company, the Internationale Gesellschaft für Chemische Unternehmungen AG or IG Chemie in short

Martin Luther King, Jr., is a Parks, a Linsey, a Daniel, a Williams and a Long. To get right to it, it looks to me like MLK is related to Rosa Parks. They both came from the same place at the same time.

This year I started writing daily on Twitter about finance and investing and gained more than 500 followers in 2 weeks

Here are the main things I learned on Twitter growth

1. Brand
2. Content
3. Engagement
4. Networking
5. Tools

/THREAD/

1. Brand
You need to find a niche you are interested in and focus on it
E.g. finance, fashion, travel, etc.

Adjust your profile by adding a profile picture and banner that will show someone what your profile is about and why they should follow you.

Add a linktree that will have all the links for your blog, website, newsletter, etc.

2. Content
Don't wait to gain followers before posting. Nobody will follow you if they see an empty feed.

Start posting daily focusing more on single tweets or threads that provide insights on a topic people in your niche might be interested in.

At first, it will feel like talking to a mirror.

Have a pinned tweet, which will be your best one that will catch the attention of someone visiting your profile.

Some interesting snippets from @MotilalOswalLtd 25th Wealth Creation Study:

(A Short thread)

1. Consumer/Retail is the biggest wealth-creating sector over 25 years.

2. Almost 60 of the top 100 market cap companies in 1995 did not make it to the Wealth Creators list.

3.Corporate profit to GDP at all-time lows + Market cap to GDP close to an all-time high.

4. Permanent change in the long term interest rate band is leading to a change in valuation expectations.

5. Twenty-five stocks for the next twenty-five years. Read the Disclaimer.

The most memorable interview I did this year was w/ Stanley Druckenmiller, who famously made $1B shorting the British Pound.

The trading legend's track record includes a 30-year stretch returning 30%+ a year (without a single down year).

Here are 8 investing lessons🧵

1/ Make concentrated bets in high conviction plays

2/ Concentrated bets can sometimes *reduce* risk

3/ Use a multi-disciplinary approach to investing

4/ Know when to sell (he never uses a stop loss)

Way to #Financial freedom

1) Rule of 72 (Double Your Money)
2) Rule of 114 (Triple)
3) Rule of 144 (Quadruple)
4) Rule of 70 (Inflation)
5) 4% Withdrawal Rule
6) 100 - Minus Age Rule
7) 10, 5, 3 Rule
8) 50-30-20 Rule
9) 3X Emergency Rule
10) 40% EMI Rule
11) Life Insurance Rule

1) Rule of 72
No. of yrs required to double your money at a given rate, U just divide 72 by interest rate
Eg, if U want to know how long it will take to double your money at 8% interest, divide 72 by 8 and get 9 yrs

At 6% rate, it will take 12 yrs
At 9% rate, it will take 8 yrs

3) Rule of 144

No. of years required to, quadruple your money at a given rate, U just divide 144 by interest rate.

For eg, if U want to know how long it will take to quadruple your money at 12% interest, divide 144 by 12 and get 12 yrs

At a 6% interest rate, it will take 24yrs

4) Rule of 70

Divide 70 by the current inflation rate to know how fast the value of your investment will get reduced to half its present value.

The inflation rate of 7% will reduce the value of your money to half in 10 years.

5) 4% Rule for Financial Freedom

Corpus Reqd- 25*Annual Expenses

Eg- the annual expense is 500,000 then the corpus required to retire is 1.25 cr.

Put 50% into fixed income & 50% into equity.

Withdraw 4% every yr, i.e.5 lac.

This rule works for 96% of the time in 30 yr period