"Amazon’s EBITDA increased ~$18bn in the past year alone, to ~$55bn.

By comparison, Walmart’s EBITDA is $36bn; Costco’s EBITDA is $8bn - Amazon’s one-year EBITDA *increase* is half of Walmart’s *total* EBITDA and twice Costco’s"

Another reminder Amazon is a behemoth 😩
"They’ve built an enormous network of fulfillment centers and have a $20+ bn annual R&D budget that only costs ~1.2% of its value."

"Amazon has 200mn Prime subscribers, whose membership generates $24 billion in cash (before they sell anything)."

🥲

supermarketnews.com/retail-financi…
look at them in online grocery wow
don't sleep on Costco tho (@rajavick concurs)

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More from @kylascan

12 Jul
is this:

elon testifying in Solar City trial

OR

wario bidding in the Super Mario 64 auction Image
Read 4 tweets
10 Jun
Today 54 counterparties took $534.9b at the Fed's fixed rate repo✨

RRP explainer: Bop it, twist it, reverse repo it? 🧵(ik)
1/Disclaimer: I am not an RRP expert - this is my attempt (🚧) at an explanation.

I highly recommend @aRishisays @AnalystDC and @FedGuy12 for better content⭐️
2/Yesterday, 59 counterparties took $502.9b (✨passing half a trillion✨) at the Fed’s fixed rate reverse repo.

RRP is important in keeping the market afloat - but why?

Read 17 tweets
16 Oct 20
MATH🧮

We live in the age of infinite information.

But having information doesn’t mean we know what to do with it.

This is the main issue w how we are taught math.
2/ Caitlin Flanagan called algebra stupid in this tweet- a sentiment many of us share!

Eric Weinstein (a Math Guy!) responded & listed out all the cool things that math encompasses

Eric is right. Math is incredible. So why do most of us hate it?

3/ gracie.ham's viral TikTok vid addressed this - she was asking the q's most of us have been thinking forever

Why is math, math? What is the truth of math?
tiktok.com/@gracie.ham/vi…
Read 19 tweets

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