🚨 BIG NEWS 🚨

The opportunity of a lifetime! πŸŒοΈβ€β™‚οΈπŸ‘‡

Thanks to my great sponsor Quartr, me and *two lucky winners* will get the chance to play a round of golf with the one and only - @iancassel!

To enter, all you have to do is:

πŸ” Retweet this tweet
βœ… Follow @Quartr_App
TRAVEL DETAILS:

- Date: October 12, 2021
- Location: Pennsylvania, USA
- Travel Costs: FREE
- Rental Clubs: Available if needed
- Short-game: Optional
- Bombs off the tee: Must-bring

Alright let's discuss the team formats and game types.
FORMAT:

- Two teams: Team Beylo & Team Cassel
- Game: Best Ball (Front 9), Four Ball (Back 9) -- subject to change
- Par 3 Charity Challenge: Don't count towards overall score -- cool charity prize for Hole-in-One (more details to come)
VIDEO RECORDING:

We are working on getting this recorded for some "The Match" type entertainment content.

Would be fun to ask Ian some podcast-style questions during the round while watching me chunk some 50 yard chip shots.
FINTWIT FEEDBACK:

How can we make this event the best possible experience for the winners?

Let us know in the comments!
CONTEST RULES:

The drawing will remain open until WEDNESDAY September 29th at 9:30AM.

Get your RTs in to enter for a chance to play!

β€’ β€’ β€’

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More from @marketplunger1

23 Aug
Last week I read "The Perfect Speculator" by Brad Koteshwar.

It's a quick read and cuts to the heart of what it takes to become a great trader in markets. Great for LT investors too

A thread on the 20 Rules of Speculation to become a consistently profitable trader.

🧡🧡 Image
Rule 1: "First, do no harm."

In other words, focus on risk management and NOT LOSING MONEY.

Greenblatt says it best when he says, "I bet the biggest not on the stocks that offer the highest return. But the ones that offer the lowest chance of loss."

Respect risk. Always.
Rule 2: "Check off your checklist before buying a stock."

Whatever your checklist looks like, make sure every new buy meets that criteria.

Like a pilot before takeoff, a checklist ensures proper bets centered around YOUR trading strategy.

I like @BrianFeroldi scoresheet.
Read 23 tweets
28 Jul
Mental models allow an investor to quickly analyze a company based on learned heuristics and pattern recognition.

This week we review 3 of our favorites:

- Marshmallow Test
- Cult-Like Communities
- Paradox of Choice

What are your favorite models?
macroops.substack.com/p/three-useful…
1/ Marshmallow Test Model

Any company deferring today’s profits for tomorrow’s success is building a Marshmallow-Test Business Model.

Think of a company like $RDFN. They're paying agents full-time salaries in a highly cyclical environment.

Why? They're focusing on 2morrow
2/ Cult-Like Communities

This model is simple: Find things that people use to signal social status, then create a brand that brings those people together.

Companies like $PTON, $YETI, $TSLA, and $LULU all fit this model.

How? By creating shared values / community w/ customer
Read 5 tweets
20 Jul
The more I think about cryptos, the more I believe it's not "democratizing" finance for anyone.

Rather, it's a social status game for those that have the discretionary income to play around with the "future" of finance.

I'm MOST LIKELY wrong, but a thread on my thoughts ...
1/ Crypto-bros/gals claim that BTC (and others) help democratize finance, giving opp. to those that otherwise couldn't.

Yet today's popular use cases are the antithesis of that movement/goal.

Some examples:

- Trading/Speculation
- Earning "income" from games
- Selling NFTs
2/ The average, middle-to-lower class American doesn't have the time to engage in these activities.

They're working for $USD to pay for rent, food, and child's education.

Most don't have extra cash to buy the "democratizing" currency of the future, let alone gamble it.
Read 6 tweets
30 Jun
Top 10 names in the new Metaverse ETF $META:

1. Nvidia Corp $NVDA
2. Tencent $700.HK
3. Roblox $RBLX
4. Microsoft $MSFT
5. Fastly $FSLY
6. Taiwan Semiconductor $TSM
7. Unity Software $U
8. Autodesk $ADSK
9. Amazon $AMZN
10. Qualcomm $QCOM

THREAD: METAVERSE PITCH DECK
1/ Size of The Prize

Bloomberg Intelligence estimates Metaverse market opportunity at $800B by 2024.

Cathie Wood/@ARKInvest estimate that revenue from virtual worlds could reach $400B by 2024
2/ COVID Kickstarted Metaverse Adoption

McKinsey & Co. states that >50% of surveyors prefer their employers adopt a hybrid virtual working model.

This primes people to interact online/over digital channels, making it easier for those at the margin to transition to metaverse.
Read 6 tweets
15 Jun
From our high horse, we (investors) assume we'll spot tell-tale signs of an impending revenue growth slow-down.

That's not true.

[Thread]: Why its nearly impossible to predict when a company's growth will stall, the myths of soft landings, and market cap consequences
1/ The book "Stall Points" explains this concept perfectly.

We (investors) assume that we could spot the following to predict potential stall points:

- Revenue growth deceleration
- Gross margin compression
- Lack of business activity

None of these hold the answer.
2/ In fact, the reason why predicting stall points is impossible is because some co's do the EXACT OPPOSITE of what we think they should do.

Here's what I mean: Some businesses about to hit a stall point actually GROW revenues & margins!

Let's back this up with some data.
Read 10 tweets

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