When my needs go unmet,
I’m reminded: God didn’t design a person, place, or title to fulfill me.
He designed my soul to need Jesus.
So if you’re discouraged today by unmet needs,
Maybe you’re not being punished—maybe you’re being invited.
Invited to need the only One who never fails.
If that’s you—
You need to meet my Jesus.
Am I right?
Trump being called a chicken and knowing that will stick means today is the worst day of his life.
Right Taco?
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America cannot long remain free, nor first among nations, if it becomes the kind of place where universities are dismantled because they don't align politically with the current head of the government.
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A romantic evening for a couple of hummingbirds seeking shelter. 🌹
Uncommon advice:
If you don't know what to pursue in life right now.
Pursue yourself.
Pursue becoming the healthiest, happiest, most healed, most present, most confident version of yourself.
Then the right path will reveal itself.
Would you agree? Subscribe for free
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…somewhere along the way, we’ve started dressing up the flesh and calling it favor.
We confuse looking blessed with being transformed.
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Do you support Zelensky?
🇺🇦❤️🔥💪
Yes or No?
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Sometimes I fantasize about disappearing.
Not dying.
Just logging off.
Getting a job no one cares about.
Growing tomatoes.
Writing poems in the margins of a notebook no one reads.
Not as a failure.
But as a kind of freedom.
Hoe kijk jij naar SBC's, Pieter?
Wat is er bekend over de effectiviteit van SBC?
Terecht geef je aan dat je dit apart moet trekken en uit de FCF moet halen voor een reëel beeld. Tegelijkertijd denk ik: goede incentives zijn een bevestiging van een 'sterk' bedrijf.
Als aandeelhouder wil ik misschien dus juist wel dat er een beetje kosten gemaakt worden op dit gebied, aangezien het mij (enigszins) verzekerd van overtuigd/betrokken personeel binnen het bedrijf.
In Tech is het de norm, hoe verhoudt zich dat tot andere domeinen?
Wel... SBCs zijn een kost voor beleggers en deze kan je best ook zo behandelen.
Ik wil liefst dat de SBCs as a % of Net Income zo laag mogelijk zijn. Om de FCF, de FCF Yield, ... te berekenen trek ik ze altijd af van de Free Cash Flow en dan krijg je vaak al een heel ander beeld over de waardering van het bedrijf (vooral technologiebedrijven).
Deze video van Terry Smith is ook interessant: youtube.com/watch?v=F69…
