BC FINANCE
Saved by @CodyyyGardner

This year has been quite something.

But let's try to pick some of the most clownish stories this year had to offer.

Here's to 2020's end of year thread 1/50

 Have you got a license for that opinion?

2/50
At least academics remain the same.

3/50
And Sweden didn't change

4/50
Don't have much to say about this one

5/50
Checks out

6/50
History has to be erased because it fails to stand up to progress.

7/50
Who wants to tell her?

8/50
Pure evil

9/50
Medical professionals revealing all

10/50
You must be unhealthy - it's the current year.

11/50
Empowerment has taken on a different meaning

12/50
Will quality suffer in the future?

13/50
Mask off mode

14/50
A healthy body image is problematic

15/50
...

16/50
A very weird hill to die on

17/50
A real heartbreak

18/50
Crosswords are bigoted

19/50
Some problems require different attention.

20/50

More from Finance

Professor Kalkyl
Professor Kalkyl
@Prof_Kalkyl
1/x Since I promised a few investors outside Sweden/Nordics to look deeper into $CDON, with my negative customer biases aside, here's a short thread;

Let's first go through the negatives


2/x I really understand the excitement when you put on the "local dominant marketplace"-glasses and start comparing CDON multiples to the likes of $AMZN, $MELI, $SE or whatever. But with boots on the ground I can assure you, that they are *nothing* of the sort. At least yet.

3/x Just looking at GMV/revenue, after >20y in business, an "everything store", CDON doesn't even come near other local niche players like $BHG (8bSEK) or $BOOZT (4bSEK) and other private companies. They are closer to $LYKO in size, who are only selling hair & beauty..

4/x Unfortunately the brand is very much on decline (especially among young ppl) since the website has been mistreated for years and years, so I think they have to work extremely hard on building trust + enhance customer experience to even have a change long term.

5/x Like I wrote yesterday we have a very divided (in a good way) eCommerce market in the Nordics, with lots of amazing niche players with top notch customer experience. To put it in words you understand, we are a more $SHOP like region with independent businesses.
FINANCE
Prashant Shah
Prashant Shah
@Prashantshah267
Thread: Central Pivot Range (CPR)

CPR is another popular tool. Three lines are plotted on the chart when we plot CPR.

The three lines are: CPR, TC and BC.

Let’s understand the calculation.


You may recall that I explained the calculation of Pivot levels in an earlier thread. CPR stands for Central Pivot Range. It is always a center line of the three lines that gets plotted in the chart.

CPR is a Pivot price. Pivot is average of HLC as explained in the prev thread.


We also discussed about Mid-range of the session. Mid-range is average of High and low price of the session.

The mid-range of the bar is known as BC in the CPR calculation. BC stands for Bottom central pivot.


Pivot level captures the relationship of the closing price to the range of the session.

Pivot price above mid-price = bullish pivot
Pivot price below mid-price = bearish pivot


So, CPR line is Pivot and BC line is Mid-range.

What is the difference between both?
Mid-range is average of High and Low.

Pivot is average of High, Low and Close.
What will make the difference between the two?

Close.
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Patrick McKenzie
Patrick McKenzie
@patio11
The payments wars in Japan are heating up and one of the battlegrounds is convenience store coffee.

“Coffee? What does that have to do with payments?” I’m glad you asked.

Convenience stores are low net margin businesses, which sell some high gross margin goods/services but a lot of low ones, and have high fixed costs and a low ticket size. The typical transaction is under 500 yen ($5) and many are about $1.

They need repeat custom.

A few years ago, all of the chains had a good idea for increasing frequency of use: make a minor capital investment in automatic coffee machines. Sell access to them for the price of a cup / ice; customers self-serve with the machine.

The price point is $1 to about $2.

Coffee quickly became one of the most frequently repurchased items at convenience stores, in no small part because it’s the one thing they can sell which is phameceutically habit forming but totally unregulated. (Just telling it like it is.)

But the coffee is not very defensible

The problem, such that it is, is that competing chains are everywhere and *all* of them serve Thoroughly Adequate Coffee at similar prices, so you’re back into the brutal economics of “Who is 3 meters closer to 40 customers at 1 office?”

Enter payment apps.
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
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Matt Allen
Matt Allen
@investmattallen
12 charts every investor should know:

1. History of the stock market in one chart


2. The Psychology of a Market Cycle


3. "Experts" will always give you smart reasons to sell in the short term, but you will regret it in the long term


4. Largest companies by market cap (1960-2022)


5. Compounding is the 8th wonder of the world
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IMPORTANCE, ADVANTAGES AND CHARACTERISTICS OF BHAGWAT PURAN

It was Ved Vyas who edited the eighteen thousand shlokas of Bhagwat. This book destroys all your sins. It has twelve parts which are like kalpvraksh.

In the first skandh, the importance of Vedvyas


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It also discusses the evolution of universe.( https://t.co/2aK1AZSC79 )

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For fun I made a Robinhood account. It took me 5 minutes to sign up, get approved and transfer funds for trading...

Here's some details... Read on.

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Clicking a stock opens a "trade" button that looks like this.

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Jijo Sunny
Jijo Sunny
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1/ 👋 Excited to share what we’ve been building at https://t.co/GOQJ7LjQ2t + we are going to tweetstorm our progress every week!

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2/ So what is Brew?

brew / bru : / to make (beer, coffee etc.) / verb: begin to develop 🌱

A place for you to enjoy premium content while supporting your favorite creators. Sort of like a ‘Consumer-facing Patreon’ cc @jackconte

(we’re still working on the pitch)

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jk 😅 a) I loooove doing something consistently for a long period of time b) limited downside and infinite upside (feedback, accountability, reach).
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It started with a cold email. Guess what? He was using BuyMeACoffee on his blog, and was excited to hear about what we're building next. Within 2w, we signed the deal at @Escrowcom's SF office. You’re a pleasure to work with @MichaelCyger!

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Simon DeDeo
@SimonDeDeo
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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.

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In the last few months we've become a huge part of this amazing new Maker community and have found so many new friends from @makerskitchen, @women_make_ and several others! 🥰

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