First they came for the 🐟

And John Redwood said the 🇬🇧 fishing industry would adjust

"Red wall voters will not forgive Boris Johnson if he sells out to get a trade deal with Brussels, polls show"

It's in The Sun. Harry Cole wrote it...

So let's dig a

The poll was done by @SavantaComRes and the PDF of the results is here:

P. 57
If this 'no deal' scenario occurs, to what extent would you be
more or less likely to vote Conservative at the next General Election?

+ likely, total: 20%
no difference: 41%
- likely, total: 32%

P. 59

I don't actually know what these questions mean

"The UK establishes a new relationship with the EU that is based on EU law" What *is* that?

"The UK maintains political alignment with the EU after the Brexit Transition Period, such as a common foreign and security policy" What is political alignment? And does CFSP work?

"The UK cannot pass its own laws and ensure its courts enforce them" Oh come on.

OK then.

So the new CDU Party Leader #CDUvorsitz is known - it's Armin Laschet.

This 🧵 will explain why he won, explain what he means, and outline what happens next.

1/20

At the CDU's party congress today, the three candidates - Laschet, Friedrich Merz & Norbert Röttgen - gave 15 min speeches

That was the first signal of what was to come... Today we saw the very best of Laschet - playing the reliable, careful person, not heavy on detail

2/20

Merz by contrast gave an ill focused speech, and did not make a single reference to Merkel or AKK, the outgoing party leader. He seems to have learned nothing

Röttgen, long the outsider, gave a speech with a lot more detail - especially on green issues and the future

3/20

1001 Delegates - these were the results

Round 1 🗳
Merz 385
Laschet 380
Röttgen 224

Round 2 🗳
Laschet 521
Merz 466

About 1/3 of Röttgen's vote went to Merz, 2/3 to Laschet

4/20

It's important to emphasise how absolutely *average* Laschet is in the CDU. If you were to imagine your archetypal CDU politician it would be him. Not to edgy, not too sharp, not too radical, not too conservative, not too dashing... it would be him

5/20

How to Get Rich (without getting lucky):

Seek wealth, not money or status. Wealth is having assets that earn while you sleep. Money is how we transfer time and wealth. Status is your place in the social hierarchy.

Understand that ethical wealth creation is possible. If you secretly despise wealth, it will elude you.

Ignore people playing status games. They gain status by attacking people playing wealth creation games.

You’re not going to get rich renting out your time. You must own equity - a piece of a business - to gain your financial freedom.

A COMPLETE COURSE with strategies on Trading for FREE!

Yes, you heard it right!

So, stop paying for webinars & watch these videos!

My objective with the #LearnwithTrendlineInvestor series on Youtube was to help people learn.

So, I hope it benefits!

Let’s go! 🧵...

1⃣ How to use Trading view - CHARTING TOOL?

In this video I cover all the basics a beginner needs to know as to how to use this simple yet amazing tool which is available for

2⃣ How to read CANDLESTICKS without knowing the names?

Candlesticks are the foundation of charting and I cover how to read candlestick charts without needing to know the names of

3⃣ When to use LOG/LINEAR CHARTS?

Even the biggest handles get this simple concept wrong and I teach how you can have a better perspective on charting by making a simple switch to log

4⃣ The secrets to find a significant and reliable TRENDLINE!

It's easy to get carried away with trendlines as it is totally subjective. But, don't worry in this video I teach rules which you can use to identify valid trendlines and how to draw

It's been more than 60 years since Philip Fisher wrote the investment classic in "Common Stocks & Uncommon Profits".

The book is famous for the 15 questions which one must ask before investing in any company.

THREAD

These are the questions which help us in determining the "quality" of a business.

Warren Buffett has time and again said that he is 85% Graham and 15% Fisher.

Let's have a look at these 15 questions.

P.S.: Stocks listed in this thread are not to be taken as recos.

1. Does the company have products or services with sufficient market potential to make possible a sizable increase in sales for at least several years?

The important point which you must note here is that you must not just look at the size of the company.

You must also look at the opportunity size of the market in which the company exists.

Let's take the case of HDFC Bank. Although it is a huge bank, but it controls just 9% of the total credit market in India, suggesting an enormous opportunity for it to capture.

2. Does the management have a determination to continue to develop products or processes that will still further increase total sales potentials when the growth potentials of currently attractive product lines have largely been exploited?

🧵: The 10 Metrics for SaaS Startups (an Operator's Guide)

Focusing on the wrong things can kill your startup.

Based on founding and scaling @edenworkplace, here are the metrics that matter most:

Metric 1: ARR (Annualized Recurring Revenue)

You will need to know this number each day, so you'll focus on Contracted ARR in your CRM tool (as opposed to accounting ARR).

Big ARR milestones are $100K (Signal), $1 million (PMF), $10 million (Growth), $100 million (IPO Scale)

Metric 2: ARR Growth

Once you get past the Signal stage, your ARR growth is the primary determinant of future success (and valuation).

Strong annual growth rate from Signal to PMF is 4x+ and from PMF to Growth is 2.5x+.

@edenofficemagic grew 11x between Signal and PMF stages.

Metric 3: ACV (Average Customer Value)

ACV often starts low for a SaaS company (as your product is not featureful enough for large enterprises) and grows as the company moves upmarket.

ACV is calculated by taking total revenue and dividing it by your number of customer logos.

Metric 4: ACV Growth

Most SaaS companies will make ACV growth a focus.

It is fair to increase revenue per customer as you add more value to users in new features, integrations, and products.

@edenofficemagic grew ACV 2.3x last year, mostly through cross-selling new products.