Warren Buffet said if you have just $10K or $15K to invest, he recommends investing in just one or two companies, which goes against the conventional wisdom of diversification in most investment subs, what do you think? (Link inside)
https://www.youtube.com/watch?v=rgyYFQmdRyY This is of course assuming you know what you are doing, and still follow the value-based investment approach, but this is in contrary to most investment advice I've seen on reddit, which generally encourages buying index funds to reduce risk. What do you think?
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Anybody Own an Anytime Fitness?
Found a couple of these for sale, checked out the P&L's. Haven't seen 2020's numbers yet...I have no doubt they've taken a beating, but I think Covid has generally made people more fitness-aware, so as things return to the 'new normal' I would expect the numbers to head towards the pre-Covid numbers. Anyhow, the initial numbers look good, showing a decent net profit as well as wages for the manager salaries, which I would absorb one of those as an owner/operator. I'm just wondering if there are any other Anytime Fitness owners out there that have some feedback on the franchise and their experiences with them? When I look them up they seem okay, but I'd love to hear from someone who has worked directly with them on what to look out for, what's working, what isn't. Thank you in advance everyone :)
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Subscriptions fatigue
Nowadays people are faced with the fact that most applications have a subscription model. It's good for IT companies, because they can get your money forever. If 5-7 years ago you could pay for a product once, now you have to pay every month. I think it's really big problem, because a lot of people including me can lose money because they forgot to unsubscribe from an app they don't use. Or use trial period and lose money due to auto-renewal. ​ So, my friend and I want to solve this problem by creating subscription tracker app and subscription tracker chrome extension, but we're not sure we're not exaggerating the problem. So I create simple google form with poll for understand if the described problem really affects many people: [https://forms.gle/ZfyczrNjnX6sGJVk8](https://forms.gle/ZfyczrNjnX6sGJVk8)
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Saw this and found it rather funny and smart, don't know if this belongs here though :(
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Low key. 👌 Photo: shaazjung _____________________ #BusinessMindset101 #successful#lowkey #privacy#hustle #entrepreneur
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BREAKING: Employees of Google and parent company Alphabet announce the creation of a union, escalating years of confrontation between workers and management https://t.co/hJYBNkBHSW https://t.co/EVKXTk9Bty
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Communication is so important.
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Billionaires have always traveled in a different orbit than the rest of us. Nicer things, more power, rocket-launching stations. But 2020 threw that gulf into stark relief. The world’s 500 richest added $1.8 trillion to their combined wealth last year and are now worth $7.6 trillion, according to the Bloomberg Billionaires Index. It’s the biggest annual gain in the eight-year history of the index, equivalent to a 31% increase. Against a backdrop of inequality, deficits and calls for wealth taxes, the gains were disproportionately at the top. Five individuals now hold fortunes in excess of $100 billion and another 20 are worth at least $50 billion. Tap the link in bio for more. 📷: Mandel Ngan/AFP via Getty Images
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How are you upgrading yourself? - Follow us 👉 businessaims for business! Follow us 👉 theinvestingking for investing!
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A retired maintenance manager has become the first person to receive the Oxford-AstraZeneca coronavirus shot under a national vaccination scheme. Brian Pinker, 82, received his from Britain’s National Health Service. The U.K. is the first country to start giving the inoculation to members of the public, but the world is watching: The shot is the early leader in the global race for vaccine contracts, with pre-purchase agreements that would cover 1.46 billion people. Link in bio for more. 📷: Steve Parsons/Pool/AP Photo
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Recovery. Revival. Rotation. Reset. These are the words dominating the annual stack of market outlooks from the world’s biggest banks and investment firms. We’ve collated and condensed Wall Street’s key calls on what 2021 holds into a searchable guide — with almost 500 insights broken down by theme, asset class and institution. See it via the link in our bio.
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China’s state-owned telecommunications companies declined in Hong Kong after the New York Stock Exchange said it is delisting them https://t.co/ZMZLDOLJcD
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● The world could use some innovations to mitigate climate change. Bill Gates speaks with Bloomberg’s Erik Schatzker about his passion for both, the nightmare that is misinformation, and the difference between Elon Musk and Steve Jobs. Link in bio for the full interview. businessweek
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● Your Apple Watch, Fitbit or Oura ring could act as a critical early warning system in the battle against coronavirus.⠀ ⠀ ● Heart rate and other metrics monitored by fitness trackers may provide early signs of Covid-19 infection before patients show symptoms. A study published in the Lancet suggested that, when taken together, data from wearables could help spot emerging outbreaks. Link in bio for more.⠀ ⠀ ● Photo: amylombard
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