I’ve been a math junkie for as long as I remember. I really enjoy discovering interesting math problems and paradoxes that defy intuitive logic. One of my favourites is the Monty Hall Problem. A probability puzzle named after Monty Hall, a game show host from the 60’s show called Let’s […]
Jay Vasantharajah
164 posts
Do you often get the urge to make decisions based on FOMO? The past year certainly hasn’t been an easy one for people that suffer from FOMO. With markets being as volatile as they are, entrepreneurs and investors across all asset classes want to avoid missing out on the next […]
I took some time to update my reading list which gave me an opportunity to reflect on all the books that I read in 2020. I read a lot of great books in the past year, but 3 really stood out. Narrowing it down to just 3 wasn’t easy, but […]
Many entrepreneurs know that running a business is like riding a constant roller – there are many ups, downs, twists, and turns. My eCommerce business is no different. But something unbelievable happened last year that, to this day, still has me in awe. In this post, I’m going to share […]
2020 was a volatile year for all asset classes, and multifamily real estate was no exception. I spent months looking at potential real estate investment opportunities but had a hard time finding anything of value. I thought I was going to finish the year empty-handed but managed to find a […]
I started to actively use Twitter in 2020, listening, engaging, and learning from people I respected and wanted to attract. In less than a year I went from 500 followers to nearly 15k and made life-changing connections. It was on this very platform that I met my business partner and […]
I didn’t know much about Kirk Kerkorian until very recently. I think that’s by design since Kirk was very secretive about every aspect of his life. The book, The Gambler, details his life and bold business ventures. Piecing together the journey of a self-made billionaire, who built a multi-billion dollar […]
With the Airbnb IPO around the corner, there’s going to be a ton of Airbnb hot takes around travel, the founders, the story, the numbers, etc. This post is not a full breakdown/analysis of Airbnb’s S1, in fact, it has nothing to do with the S1 filing at all. Instead, […]
Towers of Debt is a detailed recount of the rise and collapse of The Reichmanns, a wealthy Canadian business family. Their company, Olympia and York, grew to become the largest real estate empire in the world before its tragic demise. They were responsible for building and managing financial centers in […]
Many governments incentivize their citizens to save and invest for retirement by giving them tax-advantaged investment account. The Canadian government does this, by giving all citizens a Tax-Free Savings Account (TFSA) and a Registered Retirement Savings Plan (RRSP). Americans have equivalent tax-advantaged accounts like the 401k, IRA, etc. In this […]
Owner-owned and operated service businesses can be a great source of profits. I’ve already gone over the reasons why your first business should be a service business. But just because you launch a service business doesn’t mean that it will generate outsized amounts of cash, let alone be profitable. I […]
In today’s world, there are a ton of different investment opportunities. Every year it seems as though a new investment opportunity appears out of nowhere promising sky-high returns. But even after all the innovative ways to earn a return, I truly believe that for most people, cash-flowing real estate should […]
DISCLAIMER: This blog post is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. I hold a long-term position in INMD. Historically, my exposure to public equities has been low. I prefer to allocate mostly to private […]
I come across popular quotes from successful people all the time. Often, they’re not very practical or just too abstract to really be of any help. But I recently came across a quote from Charlie Munger that hit home like none other. The first $100,000 is a bitch, but you […]
Over the course of my career, I’ve analyzed a lot of business models of wildly successful companies, but none compare to Google’s search business. It is truly a unique and fascinating business that still may be under-appreciated by many. Rather than taking an in-depth look at Google’s financials and metrics, […]
Beyond wealth creation there’s another reason why you should consider launching a service business before investing your time into anything else: they’re great idea-generating machines. This concept was brought up by numerous individuals in one of my popular Tweetstorms, which inspired me to share how I used my PPC agency […]
Movies like The Social Network and TV shows like Shark Tank have entrepreneurs convinced they need to start the next big thing. Everyone wants to chase that sexy new idea that’s going to scale up to infinite. But did you know that famous Shark Tank investor Chris Sacca’s first real […]
The Koch Brothers are in no shortage of controversy. Over the years, they’ve become political boogeymen which has vastly overshadowed their business careers. But politics aside, no one can deny that they’ve built an incredible multi-generational business. Koch Industries generates over $110bn revenue, employs over 120,000 people, and is the […]
Phil Knight, the founder of Nike, had $0 sales and his company was just him and his running coach when he met with Onitsuka Co. in Japan. Yet, he was able to persuade them to give him exclusive distribution rights to sell Tiger shoes in the US. The supply chain […]
Recently, the financial statements of Gymshark, a £177m/year eCommerce business, were made public by Sam Parr. There are so many things that impressed me about their financials, but what stood out the most was their £53m ($67m USD) cash balance. This cash position, of nearly 4x their 2019 after-tax profits, […]