\1 Presenting a Tweetstorm on how to do embedded videos on Twitter with custom captions. I am tired of seeing subpar meme-ing and it is time you all learn.
This is an example of what I am talking about:
\2 This kind of tweet, where the video plays instantly is great for engagement and makes it easier for everyone on Twitter to share videos. Don't believe me? My most liked Tweets of all time are video tweets (and its not even close). Here is an example:
\3 However, there is also a WRONG way to do this. See the image below. This tweet sucks because it requires users to click on the quoted tweet and THEN click on the video. Yes, people are that lazy and won't click it. It destroys engagement.
\1 Tweetstorm on the power of New Year's Resolutions, the wonders of consistency, and discovering yourself.
Two years ago (NYE 2016), I decided I would start an anonymous investment blog. I registered the domain (OfDollarsAndData.com) and opened this Twitter account.
\2 When I started I had something like 10 Twitter followers, all who were friends.
I decided I would post once a week. Rain or shine. This was one of the most important decisions I ever made for the blog:
Stick to a schedule.
\3 I remember posting my first post and sending it out to a handful of friends and family. Most didn’t click on the link (I tracked clicks with bit.ly).
I can’t tell you how demoralizing this was, especially given how excited I was to start this project.
\1 Are you ever afraid of investing at market peaks?
Of course you are. So am I.
But…you shouldn’t be.
This is a tweetstorm on why not to worry about investing at market peaks, as told from the world’s worst market timer.
\2 The world’s worst market timer in our story goes by the name of Bob and he started his career in 1970 at the age of 22. Bob saved $2,000 a year for 3 years before making his first stock purchase in December 1972.
\3 Shortly after his purchase, Bob experienced the brutal bear market of 1973-74 where stocks declined by 50%. Bob didn’t sell his stocks, but he decided to wait before investing any more of his savings going forward.
\1 Tweetstorm on How to Detect Financial Fraud Using Simple Math (aka Benford’s Law or the Leading Digit law)
If you haven’t heard of this, it will BLOW YOUR MIND.
First, let’s consider something mundane: The revenue of every company in the S&P 500 in 2017.
\2 For example, Walmart had 2017 revenue of $485 billion, Exxon Mobile had $237 billion, and Amazon had $177 billion. Now, let’s take the LEADING DIGITS of these numbers. So, the leading digit for Walmart’s revenue is 4, for Exxon is 2, and for Amazon is 1.
\3 Question: If we took the leading digits for revenue for ALL the companies in the S&P 500 would you expect the distribution of leading digits to be equal? For example, is a leading digit of 8 more likely than 5? Is 2 more likely than 3?