Discover and read the best of Twitter Threads about #Wealth

Most recents (18)

Thread on how I go thru the journey of stock from research until I exit

Multiple thoughts consolidated into a single view.

Read it at your leisure.
Investing is

1. Understanding
~ Goals
~ Risk profile

2. Choosing
~ Allocation

3. Tracking
~ Newsflow
~ Countries
~ Economy
~ Business
~ Disruption
~ Lifestyle changes
~ Valuations

4. Behavior
~ Courage
~ Patience
~ Discipline
~ Mindset
I follow a top down approach as a first step to read into & develop an understanding on

~ Countries
~ Economies
~ Interest Rates
~ Innovation
~ Disruptions
~ Transitions
~ Lifestyle Changes
~ Habit changes

Accordingly I see what businesses can grow better with sustainability.
Read 20 tweets
Happy Sunday folks! Bishop Bolu Fam @fambolu shared some very key things about Wisdom for Kingdom Financial Freedom today in church. Let me share some of them with you:

#Thread
Freedom from financial troubles has something to do with mindset.
If you will have financial freedom, you need wisdom. Kingdom wisdom.

@FamBolu
#FinancialFreedom
Proverbs 4:7
The starting point of financial freedom is to get financial wisdom.

@FamBolu
#FinancialFreedom
Read 40 tweets
I read somewhere #SteveJob's last words. They are so well-written, so touching, so thoughtful, so meaningful, yet so sad, something which we must inevitably go thru. I found them #TooGoodNotToShare ..

Hope you enjoy reading and find them as meaningful as I did ..
Let’s be fair to all while we still have the health to do so.....

Here goes another addition to my #TooGoodNotToShare series

"I reached the pinnacle of success in the business world. In others’ eyes, my life is an epitome of success ..
However, aside from work, I have little joy. In the end, wealth is only a fact of life that I am accustomed to.

At this moment, lying on the sick bed and recalling my whole life, I realize that all the recognition and wealth that I took so much pride in, have paled and become
Read 11 tweets
Today's Applied Complexity Symposium begins with a panel on Computation and Complex Economies, feat. Rob Axtell, Joshua Epstein, @C4COMPUTATION, Blake LeBaron, John Miller, & @MelMitchell1

(Follow this thread for live coverage all day...)

#complexsystems #economics
4 Principles of Collective #Computation:

1 Ground truth (objective reality)
2 Effective ground truth (what we agree on, whether or not it is accurate)
3 #Information can be collectively encoded in #networks
4 Outputs are a product of collective dynamics

@C4COMPUTATION right now
"I think #economics really needs to adopt a generative framework with agent-based models of cognitively plausible software people...[and] we don't choose to fear."

- SFI'S Joshua Epstein (@GeorgeMasonU) on modeling emotions at today's ACtioN symposium:
Santafe.edu/action
Read 44 tweets
1.) Is it just me or is everyone f’n brain washed into wanting a life devoid of freedom and happiness? Have people forgotten that WE make the world #economy work? We’re the consumers AND the work. The owners just facilitate between the groups & make a killing being middle men...
2.) If we ever broke free of our damn slumber & broke up these low competition industries there would be an entrepreneurial boom in the 2020s. Normal people will have opportunities to form businesses better than ever before without fear of reprisal from industry leaders...
3.) It’s absolutely imperative to expose these industry #Cartels who control every major revenue source in the world. There are 2,153 #Billionaires in the world who as a group, control more wealth & companies than the entire world population. They have boxed out small business.
Read 14 tweets
#Dhanteras has nothing to do with the #wealth,  but It is more about the #health and well being of the house, what happens when “Ashta Laxmi” comes in the house with lord Dhanvantri which brings good health, well being and overall happiness for the whole family members.
#Dhan means wealth of the happiness and refers to the thirteenth day of the moon cycle on the thirteenth day of #Kartika #Krishna #Paksha. On this auspicious day, Goddess #Laxmi, Lord #Dhanvantri and Lord #Kuber are worshipped in sthir Lagna at evening time.
Traditionally it is considered as to be good in #Hindus to buy gold and silver jewelry or utensils as they are karka for Vaibhav.If we See background history from our #VedicScriptures  (Puranas), root of the Dhanteras belong from the #Samudra Manthan.
Read 5 tweets
Thread: Blatant #ClimateDenial has lost. The new conflict is whether #ClimateChange is a crisis requiring urgent social and #economic transformation, or something we can adapt to incrementally while carrying on with business as usual. 1/40
2/ A recent opinion piece by Bjorn Lomborg in the @globeandmail is representative of the 'business as usual argument'. Let's deconstruct it to see how this gets passed off as the pragmatic point of view, and why it's false. theglobeandmail.com/opinion/articl…
3/ The basic tactic is this: provide a few common-sense truths to gain the air of pragmatism and then feed us the story we're desperate to hear: that everything will be fine, that growth will outpace #ClimateDamages and life can carry on as usual.
Read 41 tweets
Modular, hierarchical, and information-processing:

Right now at SFI, biologists, physicists, neuroscientists, and computer scientists convene for a three-day workshop on Biological #Computation, organized by David Wolpert, @C4COMPUTATION, & @albert_kao.

santafe.edu/news-center/ne…
"A circular definition isn't worthless if the circle is big enough."

- @livcomp of @UNM at today's #biocomp workshop
"#Physics produces order through the minimization of #energy. Adaptive systems produce order through the addition of #information processing."

By why do biological systems compute, whereas classical physical systems apparently don't? @C4COMPUTATION on #function at #biocomp now:
Read 4 tweets
The Social Democratic Party (#SPD) has put forward a proposal for re-introducing the #wealth tax in Germany. In this Thread I’ll discuss the economic pros and cons of the proposal. My conclusion is that if done right, the wealth tax could be good for the economy. @bmf @bmas
The proposal is not yet very specific yet, but we know a few things. The wealth tax will apply to wealth larger than a certain minimum wealth level. The tax will probably be around 1% p.a. and perhaps go up to 2% for large fortunes.
I begin with two arguments in favor of the wealth tax that are often made. These 2 arguments are reasonable, but probably not convincing enough to make a convincing case for a wealth tax in Germany.
Read 15 tweets
PPOPHET MUHAMMAD’S LAST SERMON

Prophet Muhammad (peace be upon him) delivered his last sermon (Khutbah) on the ninth of Dhul Hijjah (12th and last month of the Islamic year), 10 years after Hijrah (migration from Makkah to Madinah) in the Uranah Valley of mount Arafat.
His words were quite clear and concise and were directed to the ENTIRE HUMANITY .
After praising, and thanking Allah he said:

“O People, lend me an attentive ear, for I know not whether after this year, I shall ever be amongst you again.
Therefore listen to what I am saying to you very carefully and take these words to those who could not be present here today.
O people, just as you regard this month, this day, this city as Sacred, so regard the life and property of every Muslim as a sacred trust.
Read 15 tweets
New to the stock market? Get started with this primer!

Road to Financial Freedom:

drive.google.com/file/d/1-1kqa-…

#wealth #financialplanning #WealthManagement #freedom

1/n
For investing, I follow Mark Minervini's trend template / methodology to identify Superperformance stocks. Read his books:

Trade like a Stock Market Wizard:
amazon.in/Trade-Like-Sto…

Think & Trade Like a Champion:
amazon.in/Think-Trade-Li…

#investing #superperformance #stocks 2/n
The screener I use to identify stocks that satisfy @markminervini 's trend template:
chartink.com/screener/trend…

You also need to manually check for
1. Volatility contractions - Price, Time and Volume
2. Number of Stage-2 bases < 3
3. Magnitude of previous Stage-4 fall < 50%

3/n
Read 6 tweets
𝗧𝗵𝗿𝗲𝗮𝗱 | 𝗘𝗰𝗼𝗻𝗼𝗺𝗶𝗰 𝗜𝗻𝗲𝗾𝘂𝗮𝗹𝗶𝘁𝘆 𝗶𝗻 𝗔𝗺𝗲𝗿𝗶𝗰𝗮 𝟮𝟬𝟭𝟵

#Wealth #Gap #Racial #GenderPayGap #IncomeInequality #EqualPay #Resist
Read 113 tweets
1 - When you take up #responsibility, a cognitive shift happens in you. Your mental setup changes.
2 - For example, if you work eight hours in your office just following orders you will feel dull and tired. Instead, if you take up responsibility and #initiative, that same eight hours will become much easier and more enjoyable.
Read 13 tweets
Tweeting about #poverty and #wealth is quite instructive. It's obvious that many feel very strongly about it yet know so little. Consider what wealth is: it is to have the means to satisfy wants. Those means can be anything, including berries or fruits growing in the wild. But
the vast majority of means are created. There are no hamburgers, iPhones, or houses growing on trees. In other words, most means to satisfy wants were created. So wealth, generally speaking, is created. Many appear confused by this rather obvious fact, or take offense by it being
stated. That is not only ignorant, but counter-productive: whoever does not believe that the means to satisfy wants (wealth) are created surely is not acting to create them. So we are missing out on a lot of wealth because of this ignorant view; our standard of living could be
Read 11 tweets
Key insight: #Capitalism inherently concentrates #wealth into a shrinking minority & given that our political system is funded by private $ & that $ = power. It explains why regulations can only temporarily slow/reverse the trend. peoplespolicyproject.org/2019/03/05/wea… via @PplPolicyProj
Now of course regulations & #progressive taxation are needed but to truly defeat inequality & protect our political system. We need to democratize the main source of #inequality which is the workplace. Our factories, stores, & offices aka the businesses that make up the #economy.
To do that we have to bring #democracy into the economy. Accomplished by passing comprehensive legislation that helps fund, promote, + incentivize the expansion & creation of #Worker #Cooperative businesses. Which are businesses owned & run by their workers democratically.
Read 6 tweets
To move rightward, is about the desire to conserve, hence #conservative. In order to want to conserve, you have to have something you want to conserve. If all you have is debt and more #debt, what the heck do you have to conserve? @sapinker
The progression to more right with age is a historically temporary #American phenomenon born out of the fact that #boomers acquired increasing affluence because of the society in which they found themselves as a result of the #NewDeal & #progressive policies which they inherited
Having been born on third base and believing they had hit a triple, as a generation, they decided to slow this #wealth distribution thing down a little and now we find ourselves where we find ourselves. The move rightwards requires something to conserve.
Read 6 tweets
For #IWD2018 a look at why Prime Minister Modi's #BetiBachaoBetiPadhao (Educate girls to Save them) program will not stop India's mass #femicide until these issues are addressed. Link & THREAD.
opendemocracy.net/5050/rita-bane…
1/ Prime Minister Modi’s ‘Beti Bachao, Beti Padao’ (Save the Girl, Educate the Girl) programme, launched in January 2015, was the first time since India's independence in 1947 that the Indian government had raised the issue of female genocide in a public campaign.
2/ British census data in the 18th century had attributed India’s skewed #sexratio to female #infanticide and other forms of #femicide, such as sati, but after independence subsequent governments remained bizarrely indifferent to the issue even as it reached epidemic proportions.
Read 12 tweets

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