Prob a good time to flag that Christopher Nolan planted 500 real acres of corn for “Interstellar” instead of using CGI.

He dropped $100k on the crop and sold for a profit after filming:
Where did he plant? The only land he could find was outside of Alberta 🇨🇦
Best part: he asked Zack Snyder for advice...because they had corn fields in “Man of Steel”
Having said that, Nolan planted at the last time corn peaked at $6 a bushel.

He called the top like a total knob:
God these motherf**clears love corn.

Here’s Matt Mcconaughey destroying about $150m worth of it:
Honestly, if I still have to convince you to follow @TrungTPhan .. i give up
For those new to the Trung experience, here are threads that will make you smarter and memes that will make you dumber

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More from @TrungTPhan

6 May
1/ Steve Cohen is the hedge fund manager that owns the New York Mets. Worth $14B, he's also the inspiration behind Bobby Axelrod from the TV show "Billions".

The day-to-day details of Cohen as a trader are quite interesting.

Here some takeaways🧵 Image
2/ The rundown of Cohen's trading tactics come from Andrew Beresin, who worked at Cohen's firm (SAC Capital Advisors) at the turn of the century.

Beresin worked "four feet from Cohen" and has vidid memories of the experience. Image
3/ The elephant in the room: some of the tactics described led to an insider trading scandal.

◻️SAC paid a $1.8B fine for it
◻️ One of SAC's traders (Matthew Martoma) was sentenced to 9yrs in prison Image
Read 14 tweets
4 May
1/ A Redditor who runs in high net worth circles writes on the "gradations of rich".

He explains in minute detail the difference between being worth $10m+ and $1B+.

It' a doozy 🧵
2/ As background: the Redditor says while he's not super rich himself, he counts 8 billionaires as close friends.

He says there are 4 major breaking points of "rich:

◽ $10m-$30m
◽ $30m-$100m
◽ $100m-$1B
◽ $1B+
3/ At $10m to $30m

◽Needs met
◽Fly 1st class
◽Very nice house
◽Live 4/5 star life anywhere
◽ You can surive a financial disaster
◽At lower end, you still have to be "prudent"
◽Business stress remains (never goes away)
◽Banks don't classify you as ultra high net worth
Read 13 tweets
2 May
How does Apple do M&A deals?
Previously wrote on why Apple didn't buy Tesla
Here's a fascinating breakdown on Apple's M&A strategy from 2000-2016.

All of its deals were hyper-focused on powering the platforms: from MacOS to iOS
Read 5 tweets
2 May
A meta-threads of my top threads (that will make you smarter) sprinkled in with memes (that will make you dumber)🧵
2/ The time Bezos and Musk had dinner to talk space

Read 33 tweets
1 May
In 1958, Warren Buffett spent $31,500 to buy a modest home (where he still lives).

If he slept in the street and put all that money into Berkshire Hathaway — when he fully took it over in 1964 — it would now be worth $882,000,000.

Lesson: Don’t buy real estate.
Could someone good at math tell me what a 2,810,526% gain on $31,500 actually is?
Read 4 tweets
1 May
One of the most interesting leaked Sony emails from 2014: Snap CEO Evan Spiegel and Sony CEO Michael Lyndon.

Spiegel was only 23yo, writing crazy insightful notes on markets and valuation: ImageImageImageImage
Some backstory on Spiegel turning down Zuck’s $3B+ offer ( $SNAP is a $94B company today): ImageImage

Turning down Zuck:…

Markets & Valuation:…
Read 5 tweets

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