If you need to know how savvy Mayweather is as a business person, watch this.

He literally knocks Paul out but holds him up to extend the fight and increase the odds of a rematch PPV payday LOL
I’ll tell you where the real genius is. We have no idea if this *actually* was a knockout.

And we’re all talking about it.

They both about to get more bags.
follow @TrungTPhan for other amateurish video deep dives
Final words from Mayweather:
◻️ “When it comes to legalized bank robbing, I’m the best.”
◻️ “People saying, ‘Floyd don’t look good’. My bank account look good.”
Mayweather at the post press conference, taking water bottles off the table because it wasn’t a paid sponsor hahahaha

h/t @michaelnle
YouTube:

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More from @TrungTPhan

8 Jun
The Wall Street Bets due diligence on Wendy’s is gold.

The catalysts are:
◻️ The release of a new summer salad
◻️ The @Wendys Twitter account, which has mastered “meta pragmatic roasting” (which is effective with younger people)
◻️ The fact it literally sells chicken tendies
Here’s a more fundamentals-driven analysis of Wendy’s

reddit.com/r/wallstreetbe…
Read 5 tweets
6 Jun
0/ A Redditor digs into the career of AMC's CEO Adam Aron @CEOAdam, who has an impressive track record of turning companies around (it's also a hysterically-written business bio).

Here's the story 🧵
1/ Quick summary of 66-year old Aron's career:
◻️ Harvard BA / MBA
◻️ Marketing @ Hyatt and United Airlines
◻️ CEO, Norwegian Cruises
◻️ CEO, Vail Resorts
◻️ CEO and part-owner, Philadelphia 76ers
◻️ CEO, Starwood Hotels
◻️ CEO, AMC
2/ Early years as an exceptional student (many references to 'silverback apes'...funniest parts are *bolded*)
Read 14 tweets
30 May
1/ Amazon's $8B+ deal for MGM strengthens Prime, its subscription bundle with 200m+ users and revenue of $20B+.

Prime is now a staple in our lives but was a total Hail Mary when it launched in Feb 2005. Incredibly, Bezos & Co. created it in a 6-week sprint.

Here's the story 🧵
2/ In the mid-2000s, Amazon was far from the behemoth we know today.

Check these market caps on September 30th, 2004:

◻️ Amazon = $17B
◻️ Best Buy = $18B
◻️ eBay = $61B
◻️Walmart = $226B
3/ The catalyst for Prime was annoyance with Amazon's existing free-shipping offer ("Super Saver Shipping").

It was too complicated:

◻️ You had to hit a min. order of $25 (which created a complicated recommendation system)
◻️ Then wait 8-10 days for the items (customers pissed)
Read 20 tweets
27 May
I interviewed trading legend Stanley Druckenmiller, who famously made $1B shorting the British pound ("trade of the century").

Today worth $5B, his track record includes a 30-year stretch returning 30%+ per year (and not a single down year).

Here are 10 investing lessons 🧵
1/ Make concentrated bets in high conviction plays Image
2/ Concentrated bets actually reduce risk Image
Read 17 tweets
25 May
One reason Vitalik created ETH: he learnt the dangers of centralization after World of Warcraft took away his wizard’s powers.

If the game maker (Blizzard) let him be, *it* could have created ETH instead.

Now, ETH ($300B) is 4x $ATVI ($75B)

Lesson: The customer is always right
Here is Vitalik's full origin story. Legendary:

cypherhunter.com/en/p/vitalik-b…
Apologies: Warlock, not Wizard (typo)
Read 5 tweets
23 May
Found a great Reddit thread: "What's a rule that was implemented somewhere that massively backfired?"

Here are the best ones 🧵

1/ Alcohol bans at college football games led to increased intoxication problems because fans were getting really drunk before entering the stadium.
2/ "English law in Wales set the death penalty for stealing a sheep. Welshmen caught stealing sheep would claim to be making love to them.

They would get a lesser penalty for beastiality. The consequence of this is Welshmen gained a reputation as 'sheep shaggers'."
3/ In Soviet Russia, steel producers were rewarded by the total weight output of the factory.

This led to production of oversized and un-usable strips of steels. End users had no choice but to take the impractical strip sizes and machine them down, thus wasting steel.
Read 16 tweets

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