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8 May, 8 tweets, 3 min read
Pretty interesting: the logos for Elon's companies each have an industry-specific background.

1/ Tesla (the "T" logo is a single rotor from an EV motor)
2/ SpaceX (the "X" in the logo matches the trajectory of of the Falcon 9 Rocket)
3/ NeuraLink (The logo resembles the wave form of a neuron when it fires AKA "action potential". It also forms an "n").
4/ The Boring Company (The "O" is a post-digging hole)
5/ Dogecoin (obvi, the Shiba Inu dog)
6/ Follow @TrungTPhan for other huge brain insights
7/ Need to shout out @liron for putting me on to the SpaceX and Neuralink intel!
8/ Some more business history

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More from @TrungTPhan

Trung Phan 🇨🇦 Profile picture
10 May
Read through Ark Invest's Big Ideas 2021 report.

Here's a tweet and chart for each of the 15 ideas 🧵 Image
1/ Deep learning to create $30T of market value by 2037

• Automated code writing
• AI that "understands" language (GPT-3)
• Big Tech spends billions on AI chips, everyone benefits Image
2/ Data centres will be totally transformed

• Intel (which powers 90% of data centres) has fallen behind
• Next-gen data centres/PCs will run on ARM standard
• GPUs (workhorse for AI) hits run rate of $41B in 2030 Image
Read 17 tweets
Trung Phan 🇨🇦 Profile picture
9 May
Opening monologue pump: Elon giving Doge to his mom for Mother’s Day 🤣
Bearded Elon
Liberal arts Elon
Read 9 tweets
Trung Phan 🇨🇦 Profile picture
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🧵
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.
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
Read 14 tweets
Trung Phan 🇨🇦 Profile picture
4 May
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”
Read 7 tweets
Trung Phan 🇨🇦 Profile picture
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
Trung Phan 🇨🇦 Profile picture
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

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