BC FINANCE
Saved by @Mollyycolllinss

If you're a college student who wants to pay off all your loans... here's an idea for you:

It takes ~$5k to start and will make ~$30k a year of profit

It won't get you rich, it'll pay for college.

(..and will teach them more about business than they’ll learn in school)

 The idea isn’t sexy. But it works:

**Plastic Moving Bin Rentals**

Everyone knows moving sucks. The worst part is being stuck with 400 cardboard boxes at the end of your move.

Instead - @benmlevy told me about Gorilla Bins. They dropoff plastic moving bins, & pickem up later.
Let’s break it down. Our goal is to pay for college (~$30k profit per year).

To do that, I think we’ll need $50k in revenue.

The avg move (a 2 bedroom apartment) is $180

To hit our goal, we need do ~5.5 moves per week
COSTS?

How many bins do we need to buy up front?

5.5 moves a week x 50 bins = you need 275 bins. Let’s round up to 300 to be safe.

Ok let’s hop over to @uline to see how much these bins cost
Bingo. Bins cost about $15 a piece.

$15 x 300 bins = $4,500 initial startup costs.

Time to beg your parents or a rich aunt to lend you money to get the biz rolling (...or just take $5k of student loan money and invest it here…)
These bins are tiny plastic cash cows.

You buy the bin for $15. Each move, you're renting it out for ~$3.50 per bin

~4 moves and it’s paid off.

Over a 2 year lifespan, the bin will get rented out ~100 times, for ~$350 in revenue

That’s a 23x return on investment, per bin!
OK so what's the fastest way to start this?

People waste a ton of time on naming, branding, incorporating. We’re going to do ALL that stuff in an hour, for like < $300.
First let’s grab a name. Everyone’s moving to Miami nowadays (thx to @MiamiMayor) so let’s pretend we’re there.

We want a simple name. Like the moving company Two Guys & A Truck.

Bin Bueno?
The Miami Bin Company?
….wait..
Miami Bin Boyz !

Name is available for $1/mo!
We don’t need a designer. Let’s grab a quick logo from namecheap’s free logo maker

Just type in the name and what it does..and it spits out some logos.

OK it gave us 3 options… I like #2 with the wave logo the best.
We’ll use UpCounsel to incorporate.

I hate overpaying lawyers for basic stuff.

If I'm getting sued. I'll pay top prices.
But for basic legal paperwork? Upcounsel baby.

$300 bucks for something like this.

Such a great business 👏 👏 @XavierHelgesen @SievaKozinsky
OK. We have a name, logo, and corporation.

We bought 300 bins, and branded them with stickers from @stickermule .

Now we just need customers (aka the hard part)
What’s our ad budget?

Well we’re shooting for $50k in revenue
$4,500 for bins
$500 for misc startup costs
~$8k in labor (pickup & dropoff bins) per year

If college costs $30k a year, that leaves you about $7k for a marketing budget.
The easiest way to get customers will be Google Ads, Yelp Ads, and offline stuff like flyers or partnering with moving co's

In most cities, there’s nobody advertising for the keywords “moving bin rental + [cityname]”

eg. miami, the company advertising doesn't even serve Miami!
And if you’re feeling ambitious:

1) Take this concept and franchise it to students in other college towns

2) add on a moving truck service to increase profits

3) or sell self storage leads to guys like @sweatystartup
Boom!

For less than < $5k of startup costs, you’ve built a business that will profit >$30k a year.

You’ve paid for college, and probably will learn way more doing this than anything you’ll learn in the classroom.
If you like this kinda thing. Follow me @shaanvp and get my newsletter 💌https://t.co/hyXkTjKWSo.

I break down ideas & businesses like this every week!

More from Shaan Puri

Shaan Puri
Shaan Puri
@ShaanVP
If you're out of the loop - this is the (hilarious) story of a subreddit (wall street bets) taking down a multi-billion dollar hedge fund... get your popcorn ready 🍿

the hero of our story: a user named DeepFuckingValue bought $50k of call options in Gamestop ($GME) that has turned into a $13M+ win in ~3 months.

he's a part of the subreddit r/WallStreetBets, a group of degenerate gamblers that I love.


So here's the situation.

Gamestop (GME) = a dying biz. circling the drain. Who goes to a store to buy games? It's basically a pokemon card dealership at this point. Plus with covid, malls are dead.

So some Hedge Funds are shorting the stock, betting it would go down.

One fund in particular, Melvin Capital Managment - a multi-billion dollar hedge fund...had been accruing a big short position in gamestop. Usually you don't have to disclose your shorts - but these were 'listed put options' so some clever redditors discovered the position

Melvin had a $55M+ short against GME.. If you're not familiar with shorting - read this simple explanation using apes and snakes and bananas from the subreddit.

Teachers, take note:
ALL
Shaan Puri
Shaan Puri
@ShaanVP
Hot take: Everyone is wrong about the Metaverse.

here's my 3 part theory..

Part I - Everyone is wrong

Most people think "the metaverse" is a virtual place.

Like in the movie Ready Player One.

A virtual world, like Minecraft, Roblox, or like Zuck showed in the facebook demo yesterday.

But what if it's not a place?

Part II - It's Not a Place, It's a Time

A time? wtf?

Yes, a moment in time.

You know in artificial intelligence, there's an idea of "the singularity"?

It's a moment in time where AI becomes smarter than humans. The moment when artificial intelligence > human intelligence

Part III - What it is

The metaverse is the moment in time where our digital life is worth more to us than our phsyical life.

This is not an overnight change. Or an invention by some steve jobs type.

It's a gradual change that's been happening for 20 yrs

Every important part of life is going digital.

Work --> from factories to laptops. boardrooms to zooms.

Friends --> from neighbors to followers. Where do you find like minded people? Twitter. Reddit. etc.

Games --> more kids play fortnite than basketball & football combined.
METAVERSE
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Shaan Puri
Shaan Puri
@ShaanVP
So I thought the whole "paid newsletter" thing was dumb.

So naturally, I tried it out as an experiment.. The results were kinda nutty. The newsletter started bringing home $49k per month (!) -- Here's the backstory


"what was the newsletter about?"

Well - for the past year, I've been doing a podcast called My First Million. Gimmicky name, but whatever.

It's a pod where me and @theSamParr (and friends like @awilkinson @_jacksmith etc.) brainstorm business ideas based on trends we see

Anyways - the podcast has gotten pretty big. We do over 350k downloads/month.

People like listening to us shoot the shit, brainstorming ideas.

But as the nearest schmuck will tell you - ideas aren't shit without execution!

The problem is - execution is less sexy.

Usually when people talk about execution, it's in the past tense. We did X, and voila, we won.

They edit & cut out all the dead ends they hit, the stuff they tried that failed.

This gives people a f*cked up idea of what execution really is.

Still - there's demand for learning how to execute better.

The number one question I get in my DMs everyday is: "I love that idea from the pod, how would you approach it?"

There's no simple answer. So for months I just ignored them.
TRADING
Shaan Puri
Shaan Puri
@ShaanVP
The ancient struggle was not having enough.

The modern struggle is having too much.

Too much news, too much sugar, too much of everything at your fingertips..There's only 1 way out.

Let's lay it out:

On one side, you have "Team Dopamine":
* 24/7 news cycle, full of clickbait headlines
* Social Media, friend's pics that disappear in 24 hours
* Endless varieties of sugar & porn

going up against your tiny, 3 pound brain running 20,000 yr old software

Even if you are a smart person who tries their best to stay healthy & happy... you are going up against Fox News, TikTok, PornHub, Robinhood, Instagram

These are weapons of mental destruction.

Thousands of our smartest engineers & data scientists work at these companies.

They run constant experiments. Fighting against each other for every moment of your attention. So you open THEIR app.

It's skinner's box, rats pushing buttons for rewards. But you're the lab rat.

So what do we do?

We have everything. More than any species, at any time period in history. It's wonderful...but also deadly.

Food injected with syrup sugar
Painkillers you can't live without
Video games where you can fly and kill
Porn better than any date you'll ever have
TECH , ALL
Shaan Puri
Shaan Puri
@ShaanVP
🧠 3 years ago - I created a new framework for New Years Resolutions.

Year after year I would set New Years Resolutions (the same ones every year) and fail to reach them.

Am I doing this wrong? Am I just weak minded?

Then I found this, and switched up my new years routine


I wasn't alone in failing at my new years resolutions.

Not only do 90% of people give up on their new years resolutions… on average they fail by January 18th (known as “Quitters Day”)

It makes sense. If you were waiting for an arbitrary day to decide to change - you probably weren't that commited to begin with.

So instead of making plans for the future, use new years as a moment to reflect

They don't teach us this in school, so here's a framework for it👇

We all just want "the good life".

What the hell is that anyways? More money? More time? Better looks? More romance? Bigger house?

As it turns out, there are 5 key areas that contribute most directly to our quality of life.

The 5 areas are...

1-HEALTH
2-WORK
3-PLAY
4-LOVE
5-SELF RESPECT

So every year, around december 30th, I take out my "Life Dashboard" and write down all these areas.

Here's mine, and I'll put a blank one at the bottom of the thread in case you wanna do your own.
ALL

More from Finance

Niranjan Avasthi
Niranjan Avasthi
@avasthiniranjan
A simple thread to understand relationship between US Dollar and Emerging Markets.

The relationship between the performance of Emerging Market stocks and the US Dollar is one of the tightest macro relationships that exists in investing.

1/15

The weekly return correlation between US Dollar and MSCI Emerging Market Index is -0.70 over last 10 years. Which means when US Dollar weakens, Emerging Market stocks rally and vice versa.

2/15

As seen in this chart, the MSCI EM Index and the MSCI World Index ratio and the US Dollar Index are negatively-correlated.

When US Dollar weakens, EM index outperform World Index and when US Dollar strengthens EM index underperform World index.

3/15


From 1995 to 2000, the USD appreciated over 30%, while the MSCI EM Index underperformed the MSCI World Index by over 15% annualised.

Then from 2001 to 2010, the U.S. dollar depreciated over 18% while the MSCI EM Index outperformed the MSCI World Index by 14% annualised.

4/15

Then from 2011 to 2020, the U.S. dollar appreciated over 30%, while the MSCI EM Index underperformed the MSCI World Index by 7% annualized.

Overall, from 1995 to 2020, this relationship has a correlation of -0.35.

5/15
FINANCE , STOCKLEARNINGS , MARKET LEARNINGS
10-K Diver
10-K Diver
@10kdiver
1/

Get a cup of coffee.

In this thread, I'll help you work out how much money you need to retire.

2/

The goal is simple.

You want to accumulate a *large* portfolio of assets.

How large?

Well, you should be able to quit your job. And you and your family should be able to live comfortably for decades -- just off of the income generated by this portfolio.

3/

This is the crux of the "FIRE" movement.

FIRE stands for "Financially Independent, Retired Early".

The basic philosophy is: keep your spending needs low. Save a large portion of your income. Invest these savings. With luck, you'll be able to retire early.

4/

FIRE advocates have a rule they love to cite: the 4% rule.

The 4% rule says: your annual expenses in retirement should not exceed 4% of your portfolio.

You can use this rule to calculate how large a portfolio you need to accumulate before you can quit your job and retire.


5/

For example, suppose you and your family need $40K/year to live comfortably in retirement.

Then you need to accumulate a portfolio that's at least $1M.

Another way to say this is: your portfolio should be at least 25 times your annual expenses in retirement.
ALL , FINANCE
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Eric Feigl-Ding
Eric Feigl-Ding
@DrEricDing
ATROCIOUS big pharma price gouging of insulin:

This crying mother can’t afford the $1000 for her son’s insulin.

📌yet, it only costs pharma $5 to produce.

📌Insulin was invented 100 years ago by Fred Banting—who donated patent for $1 to make it free for all.

Let that sink in.


2) Insulin is one of the most disgusting cases of price gouging ever.

America has long taken a free market approach to pharmaceuticals.
Drug companies haggle separately over drug prices with a variety of private insurers across the

3) “Meanwhile, Medicare, the government health program for those over age 65 — it’s also the nation’s largest buyer of drugs—is barred from negotiating drug prices. That gives pharma more leverage, and it leads to the kind of price surges of EpiPens, opioid antidotes, & insulin.”

4) In 2018:
Johnson & Johnson CEO made $30M
Pfizer CEO made $28M
Merck CEO made $18M
Eli Lilly CEO made $16M
Gilead CEO made $16M

Meanwhile:

📌Americans spent $535B on Rx drugs

📌1/4 of diabetics rationed insulin to survive

📌500K Americans went bankrupt from medical bills.

5) What’s the right price patients should pay for medications? ZERO dollars, because no copay ==> more patients get their medicine ==> saves lives and saves money. Copays decrease adherence, and copays hurt patients who actually need them.
FINANCE
Aditya Todmal
Aditya Todmal
@AdityaTodmal
Here are all the threads posted by @AdityaTodmal and @niki_poojary in January: 🧵

• 8 powerful ways to use Twitter
• Power of Stocks
• 14 Trading Strategies
• Basics of Derivatives (3 parts)
• Technical Analysis for all sectors
• Tweets of the week
• Books on Futures

All the Top 10 tweets threads I have ever posted to date:


Basics of Derivatives Part 1:


8 powerful ways to use Twitter:


Basics of Derivatives Part 2:
SCREENERS , FINANCE
\u0645\u0627\u0633\u0679\u0631 \u0645\u0627\u0626\u0646\u0688
ماسٹر مائنڈ...
@I_M_Imrann
*GOOD NEWS*                 
1. According to latest World  Bank ranking in Ease of Doing Business, Pakistan’s ranking in this indicator has improved from 130 to 72 and is placed at 2nd position in South Asian countries in terms of Ease of Starting a Business, after 30 years.

2. Karachi circular railway restored, after 20 years.
3. Payment dues to Steel Mills employees paid, after7 years.
4. Re-activation of textile industry in Pakistan, after 13 years.
5. Pakistan has been put on an Export Led Growth  rather the previous import led growth strategy

and has registered an increase in exports, after 8 years.
6. Current account surplus, after 20 years.
7- Pakistan's exports to UK top $1 billion ( $1.2 billion) in first six months of fiscal year, after 74 years.
8. Lifafa journalism exposed ,after 30 years.

9. India exposed on Kashmir internationally, after 30 years.
10. Pakistan saved from paying $1.2bn penalty as Karkey dispute 'amicably solved, after 7 years.
11. Indian Propaganda Network smashed through  EU ( Info - lab ) Indian Chronicles, after 74 years.

12- Pakistan has been named the top holiday destination for travellers for the year 2020 by the United States-based luxury and lifestyle publication Conde Nast Traveler, after 74 years.
The listing follows several positive reviews of the tourist attractions in the country by
FINANCE

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Dr. Thomas Binder, MD
Dr. Thomas Binder, MD
@Thomas_Binder
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RT-PCR corona (test) scam

Symptomatic people are tested for one and only one respiratory virus. This means that other acute respiratory infections are reclassified as


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It is tested exquisitely with a hypersensitive non-specific RT-PCR test / Ct >35 (>30 is nonsense, >35 is madness), without considering Ct and clinical context. This means that more acute respiratory infections are reclassified as


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The Drosten RT-PCR test is fabricated in a way that each country and laboratory perform it differently at too high Ct and that the high rate of false positives increases massively due to cross-reaction with other (corona) viruses in the "flu


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WORLD OF SANATAN DHARMA
WORLD OF SANATAN DHARM...
@world_sanatan
PETER PADUKAM - THE LEGEND OF MADURAI MEENAKSHI TEMPLE AND A BRITISH COLLECTOR.

A British Collector named Rous Peter was appointed as Collector of Madurai from 1812 to 1828.

Though a Christian by faith, he respected all faiths including Hinduism and also honored local practice


Collector Peter was the temple administrator of the Meenakshi Amman Temple and conducted all his duties with sincerity and honesty and respected the religious sentiments of all people.

Collector Rous Peter respected and treated people of all faiths equally and this noble trait

earned him the popular nickname ‘Peter Pandian'

Goddess Meenakshi Amman Temple was situated between Collector Peter's residence and office.

Everyday he used to go to the office by his horse and while crossing the temple, he got down from his horse, removed the hat and his shoes

and crossed the whole path on his foot.

Through this small gesture he expressed his reverence to the Goddess!

One day there was a heavy downpour in Madurai city and River Vaigai was in spate.

Collector was sleeping in his residence and was suddenly disturbed and woken up by

the sound of anklets and he left his bed to find out from where the sound had came.

He saw a small girl wearing pattuvastrams (silk garments) and precious ornaments and addressing him as 'Peter come this way'.
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Sahil
Sahil
@sahilypatel
A list of cool websites you might now know about

A thread 🧵

1) Learn Anything - Search tools for knowledge discovery that helps you understand any topic through the most efficient

2) Grad Speeches - Discover the best commencement speeches.

This website is made by me

3) What does the Internet Think - Find out what the internet thinks about anything

4) https://t.co/vuhT6jVItx - Send notes that will self-destruct after being read.
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Nikita Poojary
Nikita Poojary
@niki_poojary
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
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Sumit Grrg
Sumit Grrg
@sumitgrrg
These 10 threads will teach you more than reading 100 books

Five billionaires share their top lessons on startups, life and entrepreneurship (1/10)


10 competitive advantages that will trump talent (2/10)


Some harsh truths you probably don’t want to hear (3/10)


10 significant lies you’re told about the world (4/10)
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