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Atharva Kharbade Profile picture
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27 Jan, 4 tweets, 1 min read
This guy, Michael Burry, reached a 1,500% gain on his GameStop investment on Monday, Jan 25, 2020.

His 1.7 million shares soared in value to $271 million at the peak.

The article below is from Aug 21, 2019. He had successfully predicted the future

1/ 4

barrons.com/articles/big-s…
2/4
If you don't know him already, it's not the first time that his prophecy became true.

Michael had successfully predicted the 2008 housing bubble burst.

Everyone called him crazy back then, but his "short" stock made him his millions whereas the whole market collapsed
3/4
You may recognize him as the guy whose role was played by Christian Bale in the movie The Big Short.
4/4
The biggest thing is that, Burry has now bet against Tesla

More on it coming soon on @COMPRSD

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More from @athrvakhrbde

Atharva Kharbade Profile picture
28 Jan
The time when Reliance went through a GameStop a like situation and and how Dhirubhai Ambani turned the tables on the Kolkata bear cartel

And a lesson for entrepreneurs on how to deal with the enemies

Thread Continued
1/
India’s biggest private sector company Reliance Industries Ltd went public through its initial public offering (IPO) in October 1977, when it issued 2.8 million equity shares of Rs 10 each.
2/
As Hamish McDonald writes in his book Ambani & Sons: “Thereafter Reliance expanded its equity base through frequent rights and bonus issues to shareholders...but it was through the use of convertible debentures that Dhirubhai Ambani made his big splash in the capital markets”
Read 23 tweets
Atharva Kharbade Profile picture
9 Jan
How Signal Grew From Privacy App to Tech Powerhouse

And how Signal became the top recommendation of @elonmusk as the better alternative to WhatsApp

The Story of @signalapp
1/
Signal is an end-to-end encrypted messaging service, similar to WhatsApp or iMessage, but owned and operated by a non-profit foundation rather than a corporation, and with more wide-ranging security protections.
2/
One of the first things you see when you visit its website is a 2015 quote from the NSA whistleblower and privacy advocate Edward Snowden: “I use Signal every day.”

Now, it’s clear that increasing numbers of ordinary people are using it too
Read 31 tweets
Atharva Kharbade Profile picture
7 Jan
Part-III
Startup Bharat: @naval & @balajis

The full Clubhouse session in text

Thread Continued
29/
Question: What's your take on the farmers protests happening in India, especially with your interest in going to India?

Answer by Naval: Unfortunately I have no idea. I don't follow geopolitics. I can really be bothered to follow politics and other States it's nausea.
30/
They get difficult and hard and one has to stick to their sphere of competence. I don't know apology. I admit to being completely clueless and I'm proud of it
Read 24 tweets
Atharva Kharbade Profile picture
6 Jan
Part-II
Startup Bharat: @naval & @balajis

The full Clubhouse session in text

Thread Continued
16/
Naval: It's funny because right now there's like that dude, where's my flying car mean, which is like, we were promised flying cars, but instead we got, 280 characters, 140 characters, and there's some truth to that. But at the same time, We're going to get our flying cars.
17/
We have drones that are flying overhead. How long before those things are carrying larger and larger payloads, but carry humans all the way. Maybe not, but there's lots of other electric plane companies coming.
Read 17 tweets
Atharva Kharbade Profile picture
6 Jan
Startup Bharat: @naval & @balajis

The full Clubhouse session in text

Thread Continued
1/
Naval: The Boston ecosystem has always regretting that they've sort of lost these companies.

India has to make sure it doesn't lose as entrepreneurs. And the way to do that is to give them the freedom to innovate. Everyone should be an entrepreneur.
2/
Everyone has a phone should be able to get a job through the phone. There's one level beyond that, that comes after that, which is everyone has a phone, should be a creator for the phone. And that's what platforms are enabling.
Read 17 tweets
Atharva Kharbade Profile picture
5 Jan
Why you should define your fears instead of your goals | By @tferriss

In 1999, one day, Tim was sitting in his van, when he had decided to commit suicide.
And he went from deciding to full blown planning very quickly.

1/
2/
He was really close to death. The only reason he took his finger off the trigger, was a few lucky coincidences.

The element of chance scared him the most. Tim was very methodical about ways of managing his ups and downs.
3/
Many normal people may have 6-10 major depressive episodes in their lives, Tim had 50+, cuz he has Bipolar Depression.
Read 19 tweets

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