Cage The Giraffe

1/ Get a cup of coffee. In this thread, I'll walk you through a probabilistic thought experiment. This will help you appreciate some key investing concepts: - SURVIVAL is key, - we need LONG TERM focus, - the LUCK vs SKILL conundrum, and - the CERTAINTY vs UPSIDE trade-off.

10 CRITICAL investing lessons I wish I could teach my younger self:

Every year on my birthday I write a letter to my future self. It’s been a 10x unlock for my life. Here’s why you should start doing it:

• Your 1st workout will be bad • Your 1st podcast will be bad • Your 1st video will be bad • Your 1st speech will be bad But you can’t make your 100th without doing your 1st. Get started and you'll get better

Capitalism is brutal If you invest, you MUST know how to identify a moat Here are 9 financial “rules of thumb” that Warren Buffett uses to tell if a company has one:

A CEO can generate enormous wealth for the owners of a business — by allocating the business’s capital wisely. Here’s a “toolbox” for making such decisions: (i) raising capital intelligently, and then (ii) using that capital sensibly.

Net Income vs. "Adjusted Net Income" Just met a trader who's up 350%+ in 2022! His strategy: 1. Look for one-time expenses the Street is missing. 2. Recalculate adjusted net income. What's that? Let's do a deep-dive. 👇 7 One-time items an investor should NEVER overlook. 🧵/

10 Twitter threads that are 100% worth your time:

Saving Capital Markets - coming soon to a theater near you

If it’s good enough to screenshot, it’s good enough to sell 😩

🔭Use a watchlist to track ideas 📄Use SEC filings to do research 🗣️Use a story to build a thesis ✅Use a checklist to assure quality 📝Use a journal to document your thoughts 🔢Use financials to validate your thesis 📈Use a benchmark to ensure the effort is worth it

Every Sunday morning, I do a quick review of the prior week: • What gave me energy? • What drained my energy? • What should I have said no to? • What could have been delegated? It’s a simple, effective way to close out the prior week and set intentions for the week ahead.

The 15 best FREE investing resources on the internet:

20 ideas I can’t stop thinking about:

10 AMAZING Twitter threads that are well worth your time:

$AAPL Apple trades at unsustainable valuations - the gains of the last 2 years whilst impressive are not matched by EPS - Many think Apple is a safe bet as $IBM was when I was starting out.. I am not so sure.🍏 h/t Ruffer Investments chart. note Apple is 12.5% of $QQQ

80% of success is just showing up. 1. Read 1 page every day. 2. Write 1 tweet every day. 3. Meditate 1 min every day. 4. Workout 5 mins every day. Start showing up every day.

Knowing when to sell is much harder than knowing when to buy Here are the 11 reasons why I'll sell a stock:

Why $SPOT is the next $GOOG 🧵

if Wolf of Wallstreet were about crypto...