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Global Spirits founder Yevhen Cherniak said that he is adding Canadian whiskey to his portfolio. According to him, he st...
28/02/2025

Global Spirits founder Yevhen Cherniak said that he is adding Canadian whiskey to his portfolio. According to him, he started contract bottling at Stillus Craft Spirits in Canada, located between Toronto and Ottawa. Global Spirits plans to release the first batch of Canadian whiskey in November 2025. Of this batch, 50% will remain in Canada and the remaining 50% will be distributed among different countries, including Ukraine.

Global Spirits already has two types of American bourbon in its portfolio - Cumberland Falls and Bell Rock, which have been produced on a contract basis in the United States since the COVID pandemic.

Cherniak expects Canadian whiskey to enter the low-price segment, he says. For this purpose, he chose the Canadian family-owned Stillus Crafts Spirits. The first batch is being produced using Ukrainian technology.

The bottle, label, and cork are all made in Ukraine, Cherniak notes. The company buys 10 million bottles at once, which allows it to get a significant discount on components in Ukraine. According to Cherniak, even taking into account logistics, it is cheaper than production in Canada alone.

Mercor, a startup valued by investors at $250 million in September, has raised $100 million in a deal led by Felicis and...
26/02/2025

Mercor, a startup valued by investors at $250 million in September, has raised $100 million in a deal led by Felicis and including General Catalyst, DST Global, Benchmark, and Menlo Ventures. Previous investors include Peter Thiel, Jack Dorsey, and Larry Summers.

Unlike many AI startups, Mercor is now profitable, the company said. The startup expects to make $1 million in profit and $7 million in revenue this month, CEO Brendan Fudy told Bloomberg.

Last year, 21-year-old Fudy won the Thiel Fellowship, a program backed by Peter Thiel that provides grants to young entrepreneurs on the condition that they drop out of school.

At Mercor, “revenues are growing faster than we can expand the team,” Foudy said, adding that he expects to increase the company's headcount from 75 to 100 by the end of the year.

Investing and trading are two different methods of attempting to profit in the financial markets. Both investors and tra...
31/12/2024

Investing and trading are two different methods of attempting to profit in the financial markets. Both investors and traders seek profits through market participation. Investors generally seek larger returns over an extended period through buying and holding. Traders, by contrast, take advantage of both rising and falling markets to enter and exit positions over a shorter time frame, taking smaller, more frequent profits.

What's More Profitable, Investing or Trading?There's no easy answer to this question. That's because it depends on you a...
30/12/2024

What's More Profitable, Investing or Trading?
There's no easy answer to this question. That's because it depends on you and your financial situation. Trading is well-suited to individuals who have a good grasp of the markets and how they work. Traders are also more risk-tolerant, so they won't get distracted when there are some dips in the market or if they end up taking a loss. People who are more risk-averse and want to preserve their capital do better with investing.

Are Trading and Investing the Same Thing?Although these terms are generally used interchangeably, trading and investing ...
29/12/2024

Are Trading and Investing the Same Thing?
Although these terms are generally used interchangeably, trading and investing are not the same thing. Trading involves buying and selling assets (such as stocks) for short-term gains. Traders primarily focus on share prices as they make their decisions. Investors, on the other hand, focus on long-term gains when they buy and sell investment vehicles.

The goal for investing and trading is the same: to make money. Both investors and traders do this by opening accounts so...
28/12/2024

The goal for investing and trading is the same: to make money. Both investors and traders do this by opening accounts so they can easily buy and sell assets like stocks, bonds, and mutual funds among others.

Both investing and trading come with the possibility of risk and reward. After all, there are no guarantees in life, including the markets. Although the degree varies, every asset comes with the potential for loss the same way they promise big gains.

Unlike investors, traders have a short-term time horizon in mind while executing their trades. That's because traders mo...
27/12/2024

Unlike investors, traders have a short-term time horizon in mind while executing their trades. That's because traders monitor the markets consistently for changes in asset prices before making their moves. The goal is to take advantage of these ups and downs to maximize profits and minimize losses. A trader's time horizon can be anywhere from a few minutes to several days.

Trading involves more frequent transactions, such as the buying and selling of stocks, commodities, currency pairs, or o...
26/12/2024

Trading involves more frequent transactions, such as the buying and selling of stocks, commodities, currency pairs, or other instruments. The goal is to generate returns that outperform buy-and-hold investing. While investors may be content with annual returns of 10% to 15%, traders might seek a 10% return each month.

Trading profits are generated by buying at a lower price and selling at a higher price within a relatively short period of time. The reverse is also true: trading profits can be made by selling at a higher price and buying to cover at a lower price (known as selling short) to profit in falling markets.

01/03/2024

Crystal Clear Waters at Ginnie Springs, Florida

01/03/2024

Far away from the stres and noise 🙂❤

22/02/2024

Oh wow 🤩

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