Valuist
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Valuist
@thateconshow
Building Stock Portfolio which will allow me to quit rat race. DM's are open to share stock ideas
Europe Katılım Ocak 2020
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Palmer Luckey on the three companies he considered starting after Oculus
After selling Oculus to Facebook for $2 billion when he was 21 years old, Palmer Luckey was fired for his political views.
He then said to himself:
“Okay, I have to do something that proves they shouldn’t have fired me, that I am smart, and that I am not a one-hit wonder because being a one-hit wonder would be so depressing.”
Palmer considered three ideas for his second company:
1. Working in the national security space (this became Anduril). He saw that cost-plus contracting was a broken contract structure that led to massive cost overruns and misaligned incentives. Palmer explains, “I think that I could start a company that does a lot the things companies like Lockheed and Raytheon and Northrop are bad at doing that I’m good at doing.”
2. A non-profit private prison company. “I think private prisons are very bad. I think they lead to terrible outcomes. They’re a lobbying machine where all the money that is generated largely goes back into lobbying government officials for stricter sentences on the people who are the cheapest to incarcerate. So not the terrorists. Not the murderers. It’s the nonviolent offenders… Those are the ones that private prisons want to house because they’re not going to kill people… And that’s how you end up with all these mandatory minimum sentencing laws for crimes that don’t matter in my opinion.” After realizing that lobbying wasn’t going to work to solve this problem because there’s too much money in it, Palmer considered starting a non-profit private prison that doesn’t get paid until released prisoners have been out five years without going back. “If they go back, I don’t get paid. It means I’m taking on the risk, and it means my incentives are going to be very aligned with getting people out of prison and not having them come back, whereas current prisons are the opposite. I decided against that because I realized it was not actually a skill set that I had. I’m a technology guy… The legal issues with doing this state by state are very tough.”
3. Petroleum-based food products. “I think the only way to solve obesity in America is to allow anybody to eat as much as they want of anything with no self control or changes to their physical activity whatsoever. It has to be the Holy Grail or we’re all just going to keep dying of obesity and related problems. And if you’re a food scientist, you generally make things out of foodstuffs, and I think that’s a big mistake. If you’re a chemical or material engineer and you want to make something with a certain texture or property, you start with long-chain hydrocarbons—oil. It’s the perfect building block for everything.. So if you could make synthetic foods out of petroleum derivatives, you could make foods that have largely the same characteristics as real foods but with zero calories because your body’s not going to process them. So I started building paraffin cheese and paraffin cheese totally works. It has no calories. It tastes mostly like cheese. And I think that you could get it to be better than cheese on some time scale because it’s actually easier to adjust it and play with it and iterate on it than with cultured dairy products. Anyway, I decided against that because it turns out the FDA completely bans this idea. It’s completely illegal.”
Ultimately Palmer decided on working in the national security space because building Anduril better fit his strengths as a technologist.
Video source: @IMA_Network (2021)
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@ChapraZila How can i get in touch with her? happy to fund her education
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@TBstockinvestor He is only required to bid the highest price he paid the last 6 months, not the highest closing. Try again.
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Due to swedish takeover law an Evolution $evo take over would be 800 to 828 SEK (highest price paid in the last 6 months by the acquirer)
An almost 60% premium.
It would be hard to buyout Evolution without the founders permission.
What if Dart and the founders decide to take Evolution private together?
It would make sense that they need to delay the capital allocation announcement.
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An ICICI Bank @ICICIBank employee was forced to choose between her job and her humanity.
Her father-in-law was critically ill, admitted to AIIMS Delhi, and had undergone multiple major surgeries. She was the only daughter-in-law and solely responsible for his care.
Despite HR being fully aware of the medical emergency, no transfer, flexibility, or temporary relief was offered—only the excuse of “policy.” She was even told to bring her critically ill father-in-law to her work location. With insufficient leave and no humane option left, she was indirectly pushed to resign. She resigned..not by choice, but by coercion.
This case raises some serious questions:
Why do employers behave as if employees are bonded labor?
Which rule says extreme medical emergencies do not deserve compassion?
Which rule says parents are only a son’s responsibility and not a daughter-in-law’s?
When did corporate policy become more important than human life?
I want to ask HR leadership..Do you believe that you and your families are immortal?
Do you think pain, illness, and helplessness apply only to junior employees?
If you truly believe this, then you are living under a dangerous illusion.
This is a sincere but firm request…step out of this illusion and become human. Stop harassing your own employees for ego and promotions.
When you die, neither your designation nor your ego will go with you.
Fire strips you naked..no power, no post, no pride. Just ash.
@tejaswinii__ @BahlKanan @kanalmedia23 @bankaffairs @idesibanda @iSourabhMishra @kanalmedia23 @Hellobanker_in @HarshKu200
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@barandbench Judiciary has become a joke in India..
No justice can be expected.. they force parties to do mediation
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Supreme Court while hearing a matrimonial case:
Counsel: mediation has failed multiple times, the husband has not met the wife since the last 2 years.
Justice Pardiwala: Shaadi.com? You met on Shaadi.com?
Counsel: yes.
Justice Pardiwala: what do we do with this shaadi.com…. Try mediation once again.

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A big fall will happen in metals if the USA and China shake their hands.
Markets & Metals@TheOpportunisst
If a US–China trade deal happens 🇺🇸🤝🇨🇳 Global tension will reduce and people may move out of Gold & Silver, causing prices to fall. Less fear = less demand for “safe” assets Also, If China loosens export restrictions, rare earth metals could see more supply → lower prices Ironically, peace often hurts assets that rise on fear.
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