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The Whirly Wild story of SBF- Sam Bankman-Fried........... and FTX

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 Last article was about a loss of $45 Billion dollars.This article talks about how Sam Bankman- Fried, hereafter referred as SBF, lost about $31 Billion dollars. I actually don't know how I will structure this article so, please pace this read as you go. The Beginning of a SAGAPTHAM (Not the movie of vijaykanth's son ra): To have a deep understanding to you need to know the following concept, arbitrage. I kind of explained it over in my previous article. ( Shameless Plug: https://pranavh.blogspot.com/2022/07/how-45-billion-was-wiped-out-in-crypto.html ). 1. How SBF made his money: He made money using the concept. The man above is SBF. Arbitrage: Consider that you are buying a kilo of rice for a price X, at a friendly store next to your home. You find out that, you can sell a the rice a few blocks away for 2X. Your irrational rational mind tells you that you have an opportunity to buy the rice here and sell it a few blocks away, for 2X. This concept of taking advantage of the pr...
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How $45 Billion was Wiped out in the Crypto World over a week.

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This is a story of a legacy, a collapse, that wiped out $45 billion of market capitalisation over the course of a week. • Prelude - Do Kwan: Do Kwan was a cryptocurrency developer who founded the Terra Luna token. Let me get this straight, he was a very difficult person, who had a lot of attitude and was always down looking on those who didn't believe in his tokens and cryptos. Attached are a few of his responses in twitter.                                                 • Chapter 1: Learning about different Coins: Before we start, this article is about a crypto currencies. I will try to water this down for you. If you have queries, do let me know in the comments. This article will be like an interaction. We will do it like a conversation. • Before we start, Well What is a stable coin Pranavh? Well my friend, consider a Fiat Currency, A stable coin is just like ...
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Pranavh Tries to review - Dandanakka "DON"

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Heavy spoilers ahead. Duh....... Nanban+Kedi billa Killadi Ranga+ Santosh Subramaniyam/ Emtan Magan = Don. It is very difficult to draw parallel's  without comparing those above films. The film is of two parts/ genre's. 1. Comedy 2. Sentiment The first part is nice and worked for me (there were  some cringey stuff in-between).  Its good to see Soori finally do some decent comedy. I think the chemistry between SK na and Soori works.  Also thanks to endless trove of engineering collage scenes. Please da. Paavam da engineering pasanga. Avangala viturnga. A relatively unwanted heroine. Whose painful purpose is to support the hero in whatever he does. Yayy. A sexual violence is carelessly let of  as it is not the heroine. The director Cibi seems to have pulled out an autobiography of some sort here (Me to me : No shit sherlock).  He is keen enough to let out toxic parenting as something Normal. The director is something silly too. Whatever he says in the first h...
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The Never Ending War...............................

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The History of Afghanistan is Extremely Convoluted. Let me try to break it up. 1. The History of the tribes. Due to its location, Afghanistan has been a hub of diverse cultures, prompting one historian to dub it the ‘roundabout of the ancient world’. Afghanistan consisted of  many Pashtuns in 18 Century (They had other populations too). Pashto is classified under the Eastern Iranian sub-branch of the Iranian branch of the Indo-European language family. Those who speak a Southern dialect of Pashto refer to themselves as Pashtuns, while those who speak Northern Dialect call themselves Pukhtuns. These native people compose the core of ethnic Pashtuns who are found in southeastern Afghanistan and western Pakistan. As all problems had to  start somewhere, this is now like a template. One country had invaded Afghanistan  in  the 19th century (Everyone knows its the Great Britain ).    Wait weren't they busy conquering India? As it goes, I would like to congratula...
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Why I skipped the Zomato IPO(It's not because I don't have the money(That's True😭😭), but, there are many other factors).

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 As of writing this one, Zomato IPO Update as of 5:00 PM on Day 3 - final day Qualified Institutional Buyers (QIBs) subscribed  51.79 times Non Institutional Investors subscribed  32.96 times Retail Individual Investors (RIIs) subscribed  7.45 times Employee Reserved subscribed  0.62 times Total subscribed  38.25 times Source: BSE What got me curious is that the employees had not subscribed as expected. Why wouldn't you subscribe to your own companies IPO,  Wouldn't you want to be the owner of the company that you are an employee? Hmmm are the employees stupid? They probably know something else. Wait am I stupid for writing this after the IPO ended( I Probably am. I should deal with my self-consciousness. Well let me dwell upon that on my own time.)? For any rational basic investor; Lets see the basic data. Just looking on the above would have wanted me to try for this IPO. (My worthless MBA Finance grad alter ego kicks in. He would probably write next...
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Life isn't fair.

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SPOILER ALERT. IF YOU HAVEN'T WATCHED HARRY POTTER FILMS SKIP READING THIS. (Where have you been all these years though? Living under a rock?).     I was thinking, my mind exploded. My dreams were shattered, my mind thought about an imaginary character, heck, I would even go as far as calling him as the world-famous lover. Life was never fair for him? Was it? Emi ra idhi, are you talking about vijay devarakonda? You ask me? At this point of time all my female readers would be simp-ing for devarakonda. (Wait I have female readers? I don't know. You tell me, If you are a female reader leave a comment, an anonymous one though). It's none other than,  Severus Snape, AKA: , He was the hero of Harry Potter series.           1. Snivellus/Snivelly by the Marauder,' 2. Half-Blood Prince- in that one movie, 3. Sev by Lily Evans, 4. The Potions Master by the student's of Hogwarts,  5. The World-Famous Lover/ Wor...
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