10 Jan, 8 tweets, 2 min read
There's a concept in the world of Investing called "infinite returns". That's what I am making in one of my #Bitcoin accounts.

Infinite returns is achieved when you no longer have any money invested in something but you still own it.

Here's how I did it:
When #Bitcoin was 33k I bought some with idle cash on hand.

I allowed it to ride to 41k, a 24% upside and then sold a part of it.

The part of it that I sold is just an amount big enough to cover my initial investment. Sold that and left the 24% return invested.
Let me put some numbers to it for easier understanding.

Imagine I invested \$1,000. Made 24% return on the \$1,000 bringing my wallet balance to \$1,240.

I sold just \$1,000 out of that balance and I'm left with \$240 invested in Bitcoin.
Here's where infinite return comes in.

Return percentage is calculated as

Absolute Return/Capital Invested

When capital Invested is zero as is the case for me, any return made on such asset is infinite and you can never make a loss on such asset ever even if it goes zero.
Calculating invest return would mean dividing any amount in the balance by zero. And Any thing divided by is infinite.
That's how you make infinite returns.

Bitcoin price is dropping now but I have no fear.

Mind you, I'm long Bitcoin.

Please don't take this as an investment advice at all. It's only for educational purposes only.
And I have written it before, you will never buy the dip even though you wished it to come.

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20 Jan
As time progresses, I will be dedicating more of my time studying the past and more of the things that are poised to change the future.

My plug for the past is @rootsofprogress and I need more

My plug for the future is @chamath , @wolfejosh @elonmusk and more.
The goal is to understand this technology and find a way to be part of the journey.

Of course, I will have to do this one at a time. Few things are on hand now.

Why can be done for now is to keep reading and saying updated.
20 Jan
”As their acceptance increases, their reliability tends to diminish”

This is one of the greatest ironies of the stock market and it permeates all spheres of life.
When theories are about to be formed we resort to data from the past. Upon examining this data, we tend to draw our explanation of the past.

Once this explanation of the past is generalized enough to form a theory that can guide the future and becomes generally accepted,
its reliability starts to decline.

I found this mystery in the stock market.

Here's why it happens that way:

Price is a conveyor of information, many times you don't need to know what has happened to an asset all you need to do is see what the price is saying.
7 Dec 20
Every creator should be aware of the phenomenon of scalable and none scalable career.

The top 1% win massively and becomes allure for others.

The bottom 90% just exist to keep the vibe going.

The 9% between? They may sell courses.

--you choose
None-scalable*

That's the scenario for a scalable career.
6 Dec 20
I want to be rich enough to do Angel Investing as @chamath does it.

At that very early stage of a company, it's very difficult to tell which one will win and which will not. In fact, a lot pivot of the startups pivots to doing something else different from what you invested in.
From a recent conversation with @villageglobal Podcast, @chamath said he doesn't spend much time deciding whether to invest in an early-stage startup.

If he meets you and sort of like what you are doing, he invests ”immediately.” Because what those startups are asking for
Is almost always less than \$2m. In the scheme of things that too small for someone with a portfolio in billion dollars who have invested like \$750m YTD.

But beyond the fact that it's small relative to what he controls is the idea of the power law.
5 Oct 20
Understanding the LAPO business model and financing structure.

It may be a model worthwhile for other ventures.

cc: @asemota
2. LAPO isn't tech freak but largely driven by a community model
4 Oct 20
“People ignore sponsored tweets. People skip Youtube ads. People don’t notice Google ads. Like with viruses, we grew resistant. The new marketing is based on trust. And it takes years to build trust.”

—Orange Book
This travelled so fast...

Among other things that I do, I write a newsletter called @MindWBoundary. The goal is to help everyone build a mind that can help them navigate the world masterfully.