Twitter's direct message is an AMAZING feature

Here's everything I've learned about using them effectively ⬇️
A DM to someone you don't know should strive for two things:

✅Friendly
✅Short

This maximizes your chance of getting a response, but don't get offended if you don't get one.

Remember, people are busy!
I get a lot of spam DMs, so I decide in 1 second whether a DM from a stranger is worth my time or not

If the DM is loooooooooooooooooooooooong, it's usually spam, so it gets ignored
Send a message that will resonate with the recipient and relates to their topic

I follow @1mkwilliams & @thecreativepenn to learn about book writing

If I sent them a DM asking about cryptocurrencies, it would be ignored
Provide value to the person you are DMing

@jayabacus cold DM'd me asking last year if I'd like some research on a stock that might interest me -- $DMTK

He knew that I liked small-cap med-tech and he wanted to put it on my radar

That was a useful DM (and a great stock pick)!
Don't ask for answers to questions that can easily be Googled

It sends the message that you don't respect the other person's time
Don't ask someone to retweet/edit/like your work

That's like saying "I'm just here to use you and provide nothing in return"
Don't just send links with no explanation

It looks like spam (probably is)
Don't ask for specific advice

I've been asked to review lots of people's portfolio that I don't know

That's like me DMing a lawyer I don't know and saying

"You don't know me or my circumstances, I'm not paying you, but look at this document and give me free legal advice"
Read your DM out loud before you send it

If your first DM has a spelling mistake, it looks like spam and will be ignored
DMs are amazing!

They have allowed me to build relationships with some wonderful people that I wouldn't have had access to otherwise.

Use them the right way and you can too!

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More from @BrianFeroldi

16 Mar
My investing style has been most heavily influenced by 3 master investors:

Jeff Fischer
Tom Engle
@DavidGFool

Here's what I've learned from each of them:⬇️
Jeff Fischer is a "growth at a reasonable price" investor

He buys high-quality, profitable, high-growth businesses that trade at semi-reasonable valuations

Jeff taught me to be demanding of your stocks and insist they check ALL of your boxes

Ex:
$DOCU
$FB
$PAYC Image
Tom Engle taught me to look for "super stocks"

Those are easy to understand businesses with a long-term "growth hook" that allows them to grow and grow for decades

Tom buys these stocks again and again at better and better valuations over time

Ex:
$CMG
$MNST
$ULTA Image
Read 8 tweets
13 Mar
I bought 9⃣stocks last week

6⃣are new positions
3⃣are adds to existing positions

They all check LOTS of the boxes that I look for in 10x returns

Want to know which stocks I bought & why? ⬇️
1⃣ $CRWD - New position

High valuation (56x sales, 769x forward p/e), but wanted some skin in the game

✅FCF Positive
✅Founder led
✅Mission Driven
✅Operating Leverage
✅Optionality
✅Profitable
✅Recurring revenue
✅Strong Growth
✅Widening Moat

Opportunity:
2⃣ $DDOG - New position

High valuation (42x sales 714x forward p/e)

✅FCF Positive
✅Founder led
✅Operating Leverage
✅Optionality
✅Profitable
✅Recurring revenue
✅Strong Growth (56% rev last quarter)
✅Widening Moat

Opportunity: $35 billion & growing
Read 15 tweets
12 Mar
From 0 to 100,000 followers

Here's everything I've learned about using Twitter⬇️
Twitter is unlike every other social media platform

🛑It's NOT for connecting with friends you already have

✅It's for connecting with people you don't know

It's a micro-blog that gets blasted out to strangers

Treat it as such!
Strangers aren't interested in:

🛑What food you are eating
🛑Where you are on vacation
🛑Your current activity
🛑Your favorite sports team
....etc

They are interested if YOU can make THEIR Twitter feed better

(Use Facebook/Insta/Snap for personal posts)
Read 13 tweets
11 Mar
Great investment advice from 20 of my followers ⬇️
Learn Basic Accounting

-- @InvestmentTalkk
There is no free lunch.

If a stock or bond is cheap, there is a reason for that.

-- @AneliCaroline
Read 21 tweets
5 Mar
Worried about the recent market drop?

Here are 24 top investing quotes from Buffett, Bogle, Graham, and more that can help🧵
"If you have trouble imagining a 20% loss in the stock market, you shouldn’t be in stocks."

-- John Bogle
"Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble."

-- Warren Buffett
Read 25 tweets
3 Mar
5⃣Biases that cause bad investing decisions

and what you can do about them🧵
1⃣Overconfidence Bias

Investors' confidence in their investment decisions is MUCH higher than the actual accuracy of their investment decisions

This is especially prevalent in new investors

I personally followed the Dunning-Kruger effect perfectly Image
The 'cure' for overconfidence bias is experience

I lost money on several "sure thing" stocks

I've since learned to:

1⃣Use checklists/journals/watchlists
2⃣Invest in 0.5% increments
3⃣Add at better value points
4⃣Accept that I'll still be wrong a lot

Read 14 tweets

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