Koshiek Karan Profile picture
Sep 7, 2021 7 tweets 3 min read Read on X
how does he do it?
this man's tweets have preceded a price drop 8 out of 8 times perfectly

that's better hit rate than Mia Khalifa, Meek Mill & Soulja Boy
you vs. the guy she told you not to worry about
update 😭😭😭
just look at this volatility...
now if you're holding a heavily leveraged position out here you're getting rinsed 💦💦💦

won't even hit a margin warning, straight clean out
@djsbu can tell your intentions come from a good place. These streets desperately need more educational content on crypto ++ major help getting their hustles on lock

If you ever want to jump on a Space to tag team & talk crypto hmu. We have the same end goal 💪🏽💪🏽

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More from @iamkoshiek

Mar 13
I reviewed the full 273 page South African budget report so you don't have to grind through it

here's how the numbers impact us [thread]

#AdviceForSuccess #BudgetSpeech2025
budget 101: when expenses are more than income = trouble

that's exactly where South Africa is (& expects to be going forward)... running a budget deficit

here's an excellent chart showing the deficit projected to widen over time Image
when you're running a budget deficit, there's a couple of ways to close the gap

1. cut costs & improve efficiency*
2. increase revenues
3. plug the hole with debt

*corruption, wasteful expenditure, price inflated tenders, a bloated cabinet, bailouts & high salaries fit here
Read 18 tweets
Mar 6
🚨🚨 Chasing Ambulances 🚨🚨

are you being crushed by expensive medical aid ⁉️🚑

here are red flags from Discovery's latest results & why you can expect to pay even more 🚩🚩 [thread]
Discovery Health is a complete machine - you have nearly 4 million people under administration with a 57.9% market share

it's now reached a critical point of scale where growth is slowing down

strategically there's a mission drive growth in other segments (like Discovery bank) Image
Discovery Health Medical Scheme (DHMS) has increased their plan pricing above the SA official inflation rate

medical inflations isn't unique to SA & is pretty high globally -- estimated at 10% for this year

you have ageing populations, poorer health & weaker cross-subsidizing Image
Read 17 tweets
Feb 21
🚨🚨 "WE HAVE NO MONEY!!" 🚨🚨

South Africa just announced it can't afford to pay its frontline workers (teachers, doctors) & is considering raising taxes AGAIN!! 💰💰

yet the government racked up R120 BILLION in irregular expenditure in just 5 years [thread]
irregular expenditure means non-compliance within an accounting framework & legislation

this ranges from contracts awarded without a proper bid process to basic admin

this itself doesn't mean fraud until its investigated all the way - which makes it an excellent tool for crime Image
since irregular expenditure is super broad -- where do you find it the most?

you guessed it.... dodgy accounting, missing paperwork, shadows in procurement (awarding tenders) & no follow up investigations

the high "consequence management" bar means there's often no consequence Image
Read 15 tweets
Feb 9
there's an escalating messy breakup in the US/ South Africa political relationship - is South Africa cooked?!

here's a simple look at the global trade chess game [thread] 🎮🇺🇸🇿🇦
successful global trade depends on alliances (cough, gangs) ♟️♟️

South Africa is a member of BRICS, a powerful alliance now eclipsing G7 in terms of global GDP

but SA remains the weakest economic nation, with contributions declining across time

South Africa is also the weakest economic contributing nation ranked by GDP per capita & GDP growth relative to its BRICS partners

more countries joining through BRICS+ further weakens SA influence

this places SA in a tough spot when it comes to exerting economic leverage Image
Read 16 tweets
Jan 29
Non-profits are an excellent tool for money laundering, terrorist funding & financial crime 🥷🥷

SA has over 295,000 NPOs with 57% of them non-compliant ‼️

some haven't filed an annual return in 25 years ‼️

the FTFA placed SA on a greylist highlighting NPOs as a red flag ⚠️
having a significantly high % of dysfunctional NPOs undermines the ones that are actually above board

worse - funders have to commit excessive resources to diligence & interrogate every non-profit

receiving any global aid when you're on a greylist is also much harder
*FATF (Financial Action Task Force)

South Africa is still on a greylist & it's almost two years now

basically we "do not comply with international standards around preventing money laundering, terrorist financing and proliferation financing"
Read 7 tweets
Jan 7
looking to lose weight in 2025? 🍔 🍕

over 5 years I cut 40kg, qualified as a personal trainer & got pro bodybuilder shredded 🔥 🔥

here’s the brutally honest guide to getting into shape [thread] Image
1. Train your mind 🧠

mental conditioning is EVERYTHING!

discipline, commitment, consistency & willpower are the magic ingredients 🪄

avoid the “quick fixes”, magic pills & “secret” hacks — this is a marathon, not a sprint 🏃🏻‍♂️

instant, overnight makeovers are an illusion
2. Eat Clean 🥗

you will NEVER out train a bad diet 🍟🌭

no matter how hard you grind, the battle is won (& lost) in your kitchen

A) how much you eat (calories)
B) what you eat (macros)
C) when you eat (timing)

this is the holy trinity of weight loss
Read 17 tweets

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