Steve White (@stephenRAwhite) header
Steve White (@stephenRAwhite) profile picture

Analyst and Investor. Curious and Inquisitive.

London, England
Joined May 2009
Photo by Steve White (@stephenRAwhite)Photo by Steve White (@stephenRAwhite)Photo by Steve White (@stephenRAwhite)Photo by Steve White (@stephenRAwhite)Photo by Steve White (@stephenRAwhite)Photo by Steve White (@stephenRAwhite)Photo by Steve White (@stephenRAwhite)Photo by Steve White (@stephenRAwhite)Photo by Steve White (@stephenRAwhite)Photo by Steve White (@stephenRAwhite)
Hmmm...
Vladimir Putin said today about Hillary and Dems: "In my opinion, it is humiliating. One must be able to lose with dignity." So true!
Very true words
Knowledge seeking in college vs after graduating is like two different worlds. In one it's all about getting grades which destroys intrinsic motivation. In the other the knowledge itself is the ends. So much more freedom to go down rabbitholes too..
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Important lessons in this thread.
1/ Thread: The Superpowers in Investing Investing has been dubbed as the last liberal art. Unless your name is Jim Simons, raw intelligence or brain power is perhaps not a sure-fire way to be successful investors.
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If you want to understand the $NKLA and. $GM deal, here it is in simple English.
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Well $JSE investors - it’s your time to shine!!!
Glad GMO drops these on Friday afternoon cause lawdy it's u-g-l-y
Sideline value investors today...
Steve White retweeted
A close friend was recently asked to share something they believe that most people would disagree with. Their immediate reply: "capitalism is the highest impact force for prosperity & progress in the world." I'm bummed that this is truly a contrarian idea these days.
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User experience is often a focus of new tech, however a great product can overcome that challenge. I observe two apps I use daily: Bloomberg - horrible interface, extremely deep data product. Zoom - homogenous product, brilliantly simple interface. Both market leaders.
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Solid interview w/ Nick Train. “All great investors are very very bright people, but I know a lot of bright people who turn out to be not good investors.” edisongroup.com/edison-tv/li…
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Steve White retweeted
COMPETITION TIME! >Win a R250 @Cybercellar voucher< 1) Follow @WinesILike 2) Subscribe to my quarterly wine recommendation mail: forms.gle/Q1xYtqUMErZBScFC9 3) Retweet this post *If you're already doing 1 & 2, you just need to RT to enter! Competition closes 21 Aug.
Great thread - keep it simple, focus on the long term of companies which great people.
1/ A thread on Sidecar Investing, or “free riding on the superior capability of others” -Richard Zeckhauser
1/ Thread: How our sell decisions hurt alpha A paper published in September 2019 showed that while investors do exhibit skill in buying decisions, their sell decisions lead to subpar outcomes.
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As Dawid Krige highlighted in his Chat with @DeonGouws_Credo - Retail trading in China is rather excessive!
China surging. Scene from a spa, aka massage parlor.
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Steve White retweeted
Just had conversation with a British couple who have a holiday home near us. They voted for Brexit and have made no arrangements whatsoever for what happens on Jan 1. They have now discovered the reality of their situation. The blame apparently is with "Brussels".
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Michael Bloomberg started his company in 1981. He was already 39 years old. He faced large incumbents with tens of thousands of installed terminals and by global news agencies. Let's take a look at how he cracked the code to become the dominant player in financial information
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If that WAS a bear market rally. It was one of the biggest there ever was. (A Thread)
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Today I’m going to walk you through a very important concept in finance... Warren Buffett popularized the concept of float, but less well-known are other “float-like” liabilities that can produce similar results... 👇Thread: How companies use leverage without touching debt👇
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Great thread on adapting and challenging existing knowledge because knowledge is a point in time measure - and it changes!
1/ Thread: Half-life of Investing Until 1965, medical students were taught the number of chromosome in a human cell to be 48. What was remarkable is two researchers found the number to be 46 in 1956, yet almost for a decade students continued to learn the incorrect number.
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1/ Thread: Half-life of Investing Until 1965, medical students were taught the number of chromosome in a human cell to be 48. What was remarkable is two researchers found the number to be 46 in 1956, yet almost for a decade students continued to learn the incorrect number.
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