Twitter University

How to develop a killer business plan [Thread] #BankerX

“Razors” are rules of thumb that simplify decisions.

The most valuable razors I’ve discovered:

Stop trying to manage your time.

Start multiplying it.

Here are 5 ways to manufacture more time so you can get more of the right things done.

Thread 👇

People ask how I’m so productive.

The secret: productivity is a process of REMOVAL.

Time is such an easy thing to waste...

Here’s what you can remove from your life to save up to 60 hrs/week 👇👇👇

Life rules worth breaking:

I asked, "What book created the biggest mental shift in your life?"

I received 275+ responses.

Here are 20 books that might just change your life forever:

12 hand drawings that will change how you think about business + life

How to Get Lucky (without being rich):

10 BEST Content Marketing Twitter Threads from experts in 2021.

[Warning: You will know ALL things content starting 2022]

A Must Read. 🧵

Let’s GO! 👇

⚡ HOW TO FIND A JOB WITH LINKEDIN⚡

Specifically, how to maximise your profile to attract and hold attention.

I released these on YouTube but video isn't for everyone so here they are: the ELEVEN BEST TIPS I know in Twitter's favourite format!

A thread...🧵⬇️

My guide to startups:

I've lost millions, hired hundreds, raised millions and sold companies before the age of 30

Read this to become better:

A hill I'll die on:

95% of entrepreneurs should forget about technology (a few big fish and a lot of sophisticated fishermen) and focus on small business (small fish everywhere and really crappy fishermen).

A THREAD:

After 20,000+ hours of collaboration with 400+ writers, my team and I developed a new framework for writing:

— COMPOSE —

C = Concept 🔥 O = Objective 🚀 M = Material 🎨📚🧩 P = Plan ♟ O = Organization 🏛 S = Style 🕶 E = Elegance 🥋

** More—>

Here are 9 things you should include in your marketing portfolio... 🧵

The new American dream is to make a living from one's creativity. 1/3 of kids want to be YouTube stars.

But the inconvenient truth is few creators are actually attaining financial security today.

My new blog is about building the creator middle class 👇

Lockdown happened & a lot of businesses went under, some were forced to shut down, layoff staff or innovate.

After 6 months of heavy dry spell, one of my colleagues in the apparel business, (let’s call him Mr D) decided he was going to take the innovation route.

Thread

First Principles 101

Many of the world's greatest thinkers and doers - from @naval and @elonmusk to @nntaleb and @chamath - tout the importance of first principles thinking.

But what is "first principles thinking" and how does it work?

Here's First Principles 101!

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Cobra Effect 101

With the rise of government and central bank intervention in the economy and markets, the term "cobra effect" has experienced a revival.

But what is a "cobra effect" and how does it work?

Here's Cobra Effect 101!

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Over 1M blog posts are published daily. Google is shrinking organic results in SERPs. etc etc.

SEO is harder, but that’s fine bc you’re strong. 💪

Here are a few creative things you can do to drive your organic traffic up. 🚀

Thread time🧵

The goal of media is to make every problem, your problem.

Cantillon Effect 101

With the recent money printing activity and an expanding wealth inequality problem, talk of the "Cantillon Effect" has taken center stage.

But what is the Cantillon Effect and how does it work?

Here's Cantillon Effect 101!

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Compounding 101

Albert Einstein famously said, "Compound interest is the eighth wonder of the world. He who understands it, earns it; he who doesn't, pays it."

But what is this great wonder and how does it work?

Here's Compounding 101!

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The New Trader's Handbook

If you are new to the world of trading, it is critical to be educated on the basics.

Some of my educational threads cover these basics well, so I have collected them into a "New Trader's Handbook" bookmarkable meta-thread.

Check it out below!

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Futures 101

Over the last several weeks, I've hit on the basics of some common forms of derivatives, including call options and put options.

But there is more work to be done. Let's go Back to the Futures.

(sorry, I'll show myself out)

Here's Futures 101!

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Social media lowers the cost of raising & joining mobs.

Per the Minority Rule, the most intolerant wins.

Mobs replace conversations with extremism. Journalists, politicians, & society follow.

We can raise the cost up with software to expose and block the perpetually outraged.

Short Squeeze 101

If you follow financial markets (or if you watch Billions), you've heard the phrase "short squeeze" used quite frequently.

But what is a "short squeeze" and how does it work?

Here's Short Squeeze 101!

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In 1920, long before Bernie Madoff was born, an Italian immigrant named Charles Ponzi was concocting a scheme to make himself rich.

Ponzi's eponymous scheme would inspire fraudsters like Madoff for years to come.

Who's up for a story?

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Derivatives 101

The term "derivatives" is often used in the world of finance. But for most people, it is just another example of complicated financial jargon. Often used, seldom understood.

Let's fix that.

Here's Derivatives 101!

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In 1865, a 30-year old financier named Jim Fisk made a fortune betting on the fall of the Confederacy.

It was the original "big short" - a financial scheme you have to read to believe.

Who's up for a story?

👇👇👇

1/ VIX 101

If you follow the financial news, you've probably heard a lot of talk recently about the VIX.

But what is the VIX and how does it work?

Here's VIX 101!

1/ ETFs 101

My Mom texted me recently asking, “What’s an ETF?” A financial advisor had pitched her on investing her money in a “diversified pool of ETFs” (to sound complex, obviously).

But what is an ETF and how does it work?

So for my Mom (and all of you), here’s ETFs 101!

1/ The “Fed Put” 101

If you’ve been following the financial media, you may have heard @mcuban and @elerianm on @SquawkCNBC referring to the “Fed put” in the markets and its impact on asset prices.

But what is the “Fed put” and how does it work?

Here’s “Fed Put” 101!

A thread on the meaning of life...

0/ Good, concise writing is more than just writing. It’s art in its purest form. It’s expressing your thoughts like no other. It’s being YOU – and being you is powerful.

Here’s how to write less and say more...

[A THREAD] 👇

1/ How to Hack Better

Like many of you, I was disappointed by the follow-through of the Twitter hackers yesterday.

They seized control of the accounts of the world's most influential individuals and they went with...a Bitcoin scam?!

So let's play a game: How to Hack Better.

1/ Gold Standard 101

With the accelerating pace of money printing globally, interest in gold has boomed. If you’re following along, you’ve probably heard or read about the “Gold Standard” system.

But what is a “Gold Standard” and how does it work?

Here’s Gold Standard 101!

1/ Bonds & Yields 102

This week, I posted a thread laying out the basics of bonds and yields - Bonds & Yields 101.

I got a lot of questions on more advanced topics - yield to maturity, negative yields - so I'll continue with the series.

Here's Bonds & Yields 102!

1/ Mafia Bonds 101

The @FT (h/t @MilesMJohnson ) published an amazing story this week on bonds backed by the cash flows from Italian mafia operations.

It’s a hilarious story of financial chicanery, so is the subject of this week’s Friday Funny thread.

Here’s Mafia Bonds 101!

1/ Bonds & Yields 101

If you follow the financial news, you see and hear a lot of talk about bonds and bond yields.

But what are they and how do they work?

Here’s Bonds & Yields 101!

1/ SPAC 101

The Special Purpose Acquisition Company (“SPAC”) has grown in prominence in recent years, most recently appearing in the news with @BillAckman ’s unicorn SPAC and @nikolamotor ’s successful market debut.

But what is a SPAC and how does it work?

Here’s SPAC 101!

1/ Margin Trading 101

If you follow the stock market and financial news, you’ve undoubtedly heard a lot of talk about margin trading or margin calls.

But what is margin trading and how does it work?

Here’s Margin Trading 101!

1/ Money Printing 101

By now, we have all seen the “money printer go brrrr” meme and have heard about the money printing exploits of central banks.

But what is money printing and how does it work? Hint: it rarely involves a physical money printer.

Here’s Money Printing 101!

1/ Short Selling 101

With the markets continuing to rally, there has been more talk of “shorting” or “short selling” stocks.

But what does that mean and how does it work?

Here’s a quick educational primer: Short Selling 101

1/ Options 101 - Put Options

Yesterday, I posted Part 1 of Options 101, covering call options. I can’t leave my Bears hanging (the market has done enough of that!), so it only feels right that I cover put options next.

Here’s Options 101 - Put Options!

1/ Options 101 - Call Options

Over the last few months, with the rise of Robinhood and the day trading boom, options trading has been featured prominently in the news (for better or for worse).

But what is an option and how does it work?

Here’s Options 101 - Call Options!

1/ The GSX Robo Army

Chinese tutoring platform GSX Techdu is under fire, with the company publicly stating it is not a fraud after damning reports from @muddywatersre

@CitronResearch

@ResearchGrizzly .

In this Friday Funny (alleged) Fraud, we cover $GSX.

Who’s up for a story?

1/ Credit & Debt 101

There is so much talk of “credit” and “debt” right now, but as with most topics in finance, the discussion turns complex and leaves most people scratching their heads.

What does it all mean? Why should you care?

A quick primer on the topic...

1/ A Thread on Sound Money

Imagine it is the year 2200 and you land on a tiny planet inhabited by friendly aliens.

Walking around, you admire their incredible alien technology.

You wonder aloud, “What is the basis of this thriving planet?”

So you enter the market...

1/ The Luckin Coffee Frauduccino

The fall of market darling Luckin Coffee ($LK) following allegations of financial fraud has been swift.

So in this edition of Friday Funny Fraud, we will cover Luckin Coffee’s Frauduccino (as exposed by @muddywatersre ).

Who’s up for a story?

1/ What is Fund Rebalancing?

If you’re following financial twitter or the financial news this week, you’ve probably read commentary calling for significant selling due to “quarterly fund rebalancing.”

But what does that mean exactly?

Welcome to Fund Rebalancing 101...

1/ Is This a Stock Market Bubble?

There has been plenty of talk calling our current market environment a “bubble” following its meteoric rise from March lows.

I’d like to take an objective look.

Let’s use @RayDalio ’s “7 Classic Signs of a Bubble” as our framework...

1/ Wirecard's WireFraud

The fall of payments darling Wirecard ($WDI) due to allegations of financial fraud has been swift.

I love a funny fraud, and this one is very funny, so I'd like to try to break down a simple version of what seems to have happened.

Who's up for a story?

I’ve interviewed hundreds of people for numerous companies over the past 20 years of building businesses.

I’ve experimented with many interview questions and most are only semi useful, but one, above all, has been the most useful.

A thread...

1/ The Bankruptcy Ice Cream Truck

There seems to be a lot of confusion about how a bankruptcy process works and how it impacts the various stakeholders involved, so here’s a simple analogy.

Imagine observing an ice cream truck at a carnival on a hot summer day.

1/ A Thread On Perverse Incentives

I posted yesterday about the slick move by $MRNA raising money on the back of their vaccine progress announcement.

Incentives are everything, so I worried openly about the perverse incentives it highlighted. Well...

1/ A Thread on Markets

It is the year 1500 and you enter a market in Renaissance-era Italy.

There are buyers and there are sellers. Prices of the various goods are determined by the interaction by and among these individuals.

Now in walks Mr. FEDerico, a man of endless means.

5 ways to think about growth.

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How to love yourself (a thread):

MEGATHREAD TIME: In 40 tweets I will describe 40 powerful concepts for understanding the world. Some are complex so forgive me for oversimplifying, but the main purpose is to incite curiosity. Okay, here we go:

THREAD: Here are 10 insights I've learned over the last 5 years from cofounding and selling business.

On startups, investing, marketing, and career advice:

👇👇

A good friend once told me: “life changes at 40: before 40 life is about making decisions, after 40 is about living with the decisions you made.” I am turning 40 today, so I wanted to share 8 “nuggets of wisdom” I learned during my 30s. (Thread!)

I think it’s time for me to tell my full story. It might lose me some followers but so be it.

How to Get Rich (without getting lucky):