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

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
Nov 7, 2024
Ever wondered how much Airbnb hosts are making in Cape Town? 🏠🌊⛱️

- typical host makes R74,000 a year!!

- hosts made R2.5 billion in 2023

- typical listing is rented for 38 nights a year

Source: Airbnb Report, October 2024
Airbnb produced a report to show Airbnb is actually good for Cape Town. Who did the analysis? Airbnb themselves ‼️🤦🏻‍♂️

According to Airbnb, their impact on local rentals is just 69 bucks a month

(their median rent assumption of R10.5k is also not serious) Image
you can’t make this up:

according to Airbnb — poor Cape Town hosts need to rent their spaces because they can’t afford their homes & can’t afford the rising cost of living 💔💔

notice how they highlight Plumstead (& not Sea Point) Image
Read 11 tweets
Oct 17, 2024
SA Rugby received a $75m offer from US private equity firm (Ackerly Sports Group) 🏉🏉

the proposed deal is insulting, terribly structured & embarrassingly one-sided [thread]
the Springboks are a globally recognized brand & the most decorated rugby team in history (4x World Cup Winners) 🏆🏆

top ranked players make millions from club salaries & sponsorships

...except SA Rugby does not actually make a profit & reported another loss again this year!!
over 80% of SA rugby comes from two main sources: broadcasting rights & sponsorships

merchandising royalties contribute just 2% to the top line

Supersport is the oxygen for SA rugby contributing broadcasting rights & product licensing revenues Image
Read 19 tweets
Aug 30, 2024
you see a lot of misguided pro-capitalism, "let's go free market" hot takes here

it's mostly from pod bros, dudes who watched Wolf of Wall Street or learnt about the "invisible hand" in an ECON101 lecture

here's the truth about capitalism - from an experienced investment banker
Capitalism used to be forged on meritocracy, sparking innovation & rewarding the best allocation of resources

not anymore

now you have private ownership of gains & socialism of losses - poor people pay for dumb corporate decisions

it's toothless, neutered & watered down
perfect competition meant elite efficiency & eliminating super-normal profits

now you have a web of cartels colluding to maintain pricing power & companies thriving off public sector failures

corporates became bureaucratic incubators of incompetence habouring overpaid talent
Read 12 tweets
Jun 28, 2024
here's why this headline is inflammatory, polarizing & fuels divisive rhetoric

also - it's blatantly misleading & inaccurate [thread] Image
let's unpiece this - line by line

1. 1% = rank TANKING
2. it's BAD because it's the lowest close since two weeks ago
3. WORST performance against emerging market currencies
4. bond yields JUMPED 12 basis points in three weeks

sounds terrifying right? it actually isn't Image
SA government bonds are among the most liquid & traded developing market fixed income securities globally

the South African rand (like many emerging market currencies) is also pretty volatile

should a 1% daily move spook anyone? absolutely not

it's actually pretty normal
Read 13 tweets

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