Welcome back to another day with Renaissance. It doesn’t matter if you’re Warren Buffet or Jimmy Buffet, nobody knows if prices are gonna go up or down! 📈

But here at Renaissance we’ll show you all the opportunities to get wealthy (and give you the alpha to back it up!). There’s many ways to skin a cat in this game! *I’m being told I can’t show that gif in the newsletter, it’s not that kinda place……..

So are you in or are you in!? And this week I’d advise you to be in because it’s a good one.

So get ready for another action-packed edition! In less than 5 minutes you’re about to get 1% better at business, finance, crypto, productivity & lifestyle, and take one step closer with us all towards financial independence.

10,000+ and growing! We love each and every one of you. ❤ And we have free crypto reports waiting just for you - just reply ‘Report’ after you referred a friend and it’s yours!

Or just tell us if you liked this edition or not! This is all for free, so do feel guilty if you don’t. 👀 

Here’s what you need to know today:

World's Most Expensive Sandwich -> $10B 💰 - A Subway Story And How To Franchise 

PEPE Memecoin Rips 21,000% 

🐸 - Make Memecoins Great Again!

Taking Advantage Of Tax-Advantages 

How To Drink Like Bond 

.......And Of Course. Your Daily Source Of Alpha 👇

The Board

The Renaissance Over-Under

Where do you think the markets are going next week?

Business, Money Markets & Financial News

McDonalds And Greggs Can Shove A Footlong Right Up Their EBITDA 🥪

Private Equity firms (Bain Capital and TPG) are ganging up and trying to ‘club’👀.…..their pennies together to buy and take over the sandwich chain! 🥪

The price is set to be $10 billion! And the controlling family stakeholders have gotten their favourite little numbers boys to handle the auction, JP Morgan. This is possibly going to be the most expensive sandwich ever! 

Subway has more than 2000 locations in the UK alone, beating out McDonalds and Greggs despite their size and stock listings. (First Insight⚡ - this is something to watch and potentially bet on / against if this deal makes it through!)

Subway have had back to back years of exceeding records with eight consecutive quarters of positive sales growth! That is crazy for the size, scale and distribution of a company like this.

Insight ⚡ - This is a great example of an easy way to get wealthy. Subway has achieved this through franchising and there are now many millionaires and billionaires that own hundreds of Subway franchises.

They pay the marketing, they have the playbook, they handle the ordering. Buying the right name brand and putting a manager in and scaling isn’t very difficult! And now it’s paying off for everyone.

As you know - generally passive income is our passion here at Renaissance. And franchises can be very profitable clearly, but they can also be a pain in the ass to operate.😐

But like art, housing, or anything now! It’s fractionalised and passive - but still posts great returns! 💵 We’d recommend looking into investing in franchise indexes or names you trust.

Here’s one platform we like but there are probably many others! 👇

Franshares: https://franshares.com/our-investment-philosophy/

Someone trying to stop me cashing out my 401K and going all in on subs and pies franchise shares! 🥧

“I went on the Subway diet and I’ve lost 180 pounds!” - who would bet against this franchise after comedy gold in the mainstream like this. We should have known. 🤦‍♂️

Taylor Swift Is The Master Of Due Diligence And Swerving Sam Bankman-Fried

“It’s me, hi, SBF’s the problem, it’s he…..” 🎵 

Get this👀……. This is the craziest number I’ve ever heard for a sponsorship like this. Taylor Swift was offered $100M to promote FTX as a sponsor! And didn’t take it.

Taylor Swift asked FTX: “Can you tell me that these are not unregistered securities??'" - and obviously they didn’t have the right answer. 🤷‍♂️

The SEC clearly states that tradeable assets which hold value (like a stock or bond) and are sold in the US, must be registered with the Securities and Exchange Commission.

FTX’s token, FTT, is definitelyyyy a security - but by fuck was it not registered!

The literal definition of a ponzi scheme! And Taylor smashed the tech bros and NFL star promoters in just one line! 🕺

The takeaway ⚡- Always do your own due diligence kids!

Meanwhile, Shaq hiding from his FTX lawsuit…….

Netflix And Chill Your Way To Earning Thousands And Getting 1% Better 📺

We never thought we’d recommend you actually go and watch Netflix to get wealthy. But here we are we. 🤷‍♂️ (I bet there’s a sweet gif of a navy seal telling me to get off my ass & stop watching Netflix somewhere..…)

Here’s our best watches below 👇

Get Smart With Money

Basically it’s people really shit with money getting personal financial coaches! They analyse their spending, help them save money and make thousands extra. 💰 This is a good watch where you might learn something. Just like the NFL players in the show making $11K a week right down to the average Joe’s.

Inside Bill’s Brain

Here’s a great takeaway ⚡ which could really help you plan and execute. Condensing your work and vision for a whole year. Bill has a ‘Think week’ - he goes off to a cabin, reads dozens of books, make plans, thinks and come up with goals etc.

And personally Renaissance staff do the same! 💪 It helps us finally address those financial moves we weren’t making because they were too safe and boring but needed done!

Personally I wanted to read some Crypto whitepapers. I read them this week and they’ve returned over 10X since I read and invested! 🧾 Give it a try.

Undercover Billionaire

A god damn classic and at times comical! Particularly Season 2 and the Grant Cardone episode (the Real Estate 10X guy 🏠). He starts everything over from scratch to make a $5.5 million business by the end.

At Renaissance we’re slightly more high brow than this, but at the same time there is a financial lesson on EBITA in here that can change your life!

We love all pursuits of wealth here so the easy real estate angle might just do it for you. Watch how it’s done, literally!

We also love an Airbnb or Real Estate deal, the cash on cash returns can be 40-50%! 💸The point is, maybe you should lose everything on purpose just to start over like this🤷‍♂️….…jokes. But real estate is a very real wealth game and this is great for beginners!

LITTLE BITS 😎

An analysis on the dark world of Hedge Fund structures, how they’re set up and what makes them different from each other. 📈

https://quant-galore.medium.com/hedge-funds-are-crazier-than-you-thought-ec37b9bff65c

AI songs featuring Drake and the Weeknd go viral sparking controversy 🎵

https://www.insider.com/drake-slams-ai-generated-cover-of-him-rapping-ice-spice-2023-4

A tiny home made out of an airplane makes a killing every month ✈

https://www.insider.com/diy-renovation-tiny-home-pilot-airplane-truck-before-after-photos-2023-4

NOSTALGIA OF THE DAY

Crypto Market & NFT News

Pepe The Frog Memecoin Rips 21,000% in 4 Days! Analysis

It looks like Alt season is back baby and leading the charge is none other than *drumroll🥁…..……….. Pepe the frog memecoins!

You thought it was over. That Web3 had moved past memecoins and sudden phattt gains of this size 💲 ……but you were wrong!

For more than 100 years, the stock market has been a moneymaking machine for the patient. Over the past century, it's averaged close to a 10% annual return.

But at Renaissance we don’t like to wait that long. The booze will surely kill us before the compounding effects get any good. Enter…le memecoins. 🐸

Pepe is here to make memecoins great again! 💪The whole marketing angle is that the dogs have had their day (Doge and Shiba Inu). Without any pre-sale, growth has purely been fuelled by meme-ability (Yes that is a word!)

Here’s some mind-blowing numbers: 21,000% in the last 3 days, over 160% in 24hrs, a market cap of $150M from nothing, volume over $40M, & over 15k individual holders with a total supply of 420 trillion. 🤯

Interestingly, the tokens have no actual connection to the Pepe the Frog meme or Matt Furie (the meme’s original creator).

You may think - “What a stupid memecoin with no utility” or “It’s already spiked and I’ve missed it!” - and you’d be right! But if you think you’re too smart in this space you’ll miss all the gains! 💰 Memecoins are a part of the culture now and draw in huge volume.

History doesn’t repeat itself but it does rhyme: So will this become another Doge or Shiba Inu?? 🐕

Well let’s look at some case studies below: 👇

Solana-based BONK: This memecoin rallied for a few days before a crash that would make anyone wince. 💥

Dogecoin: DOGE launched in December 2013 and has 139 billion in circulation.

• It hit its lowest price $0.0000869 on May 6, 2015

• It wasn’t until May 8, 2021 when it attained its highest price. A price of $0.682.

• Now it’s been the face of Twitter for a week in 2023! Is it still just a funny meme? Are you comfortable missing possible headlines like this one below?! 👇

Shiba Inu: This has a total supply of 589 trillion (much bigger than PEPE), a 24-hour trading volume of $356M and it’s likely to test the $0.001 mark in 2030!

Launched in August 2020, it immediately ripped! In the same vein as DOGE, it was coming for it’s title. 👑 

If you invested in the first week you’d have made $14 million in the following 15 months. Up over 14 million percent!! 💰 

Surely that’s the top and it’s all meme hype?

Nope! Here’s the headlines for 2021 ALONE. 100 million percent!! 

Who on earth would have predicted that price action! Surely that’s it though and it all came crashing down??

It massively benefited in 2020 and 2021 from the herd mentality, meme-ability, Elon Musk’s interest, a lack of initial listings to stop short sellers and of course a low low price reducing psychological barriers. 🧠

A-tier exchanges such as Binance, FTX, Coinbase etc.. all listed it after visible retail volume. The price surged 70% and the climb continued on leverage. 📈

In 2021, Shiba Inu’s exchange-traded volume surpassed that of its market capitalization – $40 billion of SHIB was traded in a single day! What in the ever loving fuck!

Everyone thought Shiba Inu and Doge would die in 2023. Now this is happening. The run continues and they have a metaverse. 🤯

Summary and Alpha ⚡

- Do you really still feel like PEPE running 21,000% is a lot? Or that it’s meme-ability is a barrier to its growth? Look at the market cap.

- PEPE’s supply is trillions lower than SHIB. It also has a similar narrative and an image behind it that holds power in internet culture.

- Not to say it’s all up from here, but when the volume climbs, exchanges will list them. And that’s the first sweet sweet exit pump we at Renaissance are braced for. 💪 Then it’s the long-term speculative hold.

- The question you really have to ask is - “After reading all of this evidence, can you afford not to buy in? ” Even if it’s only partially successful, there are not that many chances like it.

- Last piece of Alpha ⚡- If in doubt, buy the index! Just like SHIB, it was a derivative of DOGE, along with BONK and many more! There’s never only one, but it’s impossible to pick the one. Buy the index of memecoins in the frog space and hold for hedged bets. 🤝

- Lastly, you may still be thinking this is madness and makes no sense in the real world. Wake up! 😴 This is Crypto! And it’s a very real opportunity which has already echoed through the space in the past! Your common sense holds no power here!

Wealth Building, Personal Finance Hacks & FAT FIRE

As readers of Renaissance we should all know of Peter Thiel. And in case there’s any of you that don’t, we’ve reserved the ‘People You Should Know’ section last week just for you. You know we look out for each other like that! 🙏

For brief background - Roth IRAs were established in the US to encourage Americans to save for retirement tax-free. The average Roth holds around $40,000 dollars.

In 1999 Thiel was young and ambitious working as a founder on his little aspiring start-up named PayPal (ever heard of it) when he made a big brain move. 🧠

Thiel placed 1.7 million shares of then-private PayPal into his Roth. At the time the shares were valued at only $0.001 per share. 💵

These accounts were designed for middle-class retirement savings and had an annual contribution limit of just $2,000!

……..One year later - PayPal blows up and Thiel’s Roth increases from $1,664 ➡ $3.8 million!! And did the man stop there??

No! He reinvested this in other incredibly successful companies.

By 2019, Thiel held over $5 billion dollars in his Roth!💰

This is $5 billion dollars accumulated in a tax-free account! And he did this 100% legally!

For the record, in 2018 Buffett (the investment icon himself) only managed to amass around $20.2 million in such an account (amateur). Thiel was playing high-level chess. ♟

Key takeaway ⚡ - We love tax-free accounts and taking advantage of tax-advantaged accounts - and we advise you do too 😎

Maybe even create a million dollar start-up and put it in there. Just a suggestion. 🤷‍♂️

Weekly Negroni

It’s Friday. It’s been another great week of scheming and dreaming here at Renaissance. Time to kick back, put our feet up and look at the finer things our hard work can let us enjoy. 🙏

And this week we’re swapping our Negroni for one of our favourite single malt whisky’s. 🥃

Macallan is Bond’s whisky of choice.

In Spectre he opts for the Macallan 18. In Skyfall Daniel Craig can be seen sipping on a Macallan 1962 ‘Fine and Rare’ Vintage.

‘ Meeting Bond for the first time, Silva pours a shot of Macallan 1962, places it on the head of Severine, and instructs Bond to shoot it off. When he refuses, Silva kills Severine and asks Bond what he has to say to that. “That's a waste of good scotch,” Bond says before engaging Silva's henchmen in a fight. ‘

Daniel Craig and Javier Bardem later both even signed a bottle of Macallan 1962 and auctioned it at Sotheby's for charity!

In honour to celebrate this timeless franchises 60th anniversary, Macallan has released: ‘The Six Decades of Bond.’ Six limited edition bottles, each inspired by a Decade of Bond.

The packaging of each bottle features an original illustration exploring the Decade of Bond it represents. The ABV is 43.7% - a homage to James Bond’s agent number, 007.

Unfortunately, the collection is extremely hard to get your hands on. So if you miss out, the next best thing you can do is at least look and drink like Bond!

We know we’re all on different stages of our Renaissance journey, so here’s some advice for you guys starting out below 👇

How To Drink Like Bond On A Workman's Budget - Drink And Save Like A Gentleman 🍸

We’re not only about making money to build wealth here, sometimes we do have to save our way there as well. The only problem is we do love to drink fancy ass whiskeys, martini’s and margaritas here at Renaissance. 🍸 🥃

And that can get pricey, fast.

Here’s the rules for a sophisticated person on what to drink and when - let’s get smashed and stay rich! 👇

- Statistically the best deals are at the bottom of the menu: Bars usually put the drinks that are most profitable at the top as they get chosen more. So actually you’re better choosing something from the bottom for the better deals! Sales and psychology. 🧠

- Avoid asking for premium spirits in sugary cocktails: It overpowers the alcohol and you’ll waste your money. Get something cheaper for those whiskey sodas.

- Skip the VIP bottle service: They’re shilling you overpriced spirits that aren’t actually higher quality, disguised by the hot waitress bringing it to you. You’re better off ordering a better drink, tipping well & talking to the bartenders and girls anyway.

- Go all in on the bottle from the start: Paying by the glass is more expensive. Even if you swap to the bottle later, you’ll still be in the hole. Better off committing to the bottle from the start, enjoying it, and paying less! Plus bond never ordered a glass, always a bottle - it just looks better okay.

- Know the difference between a sip and a shot: Do not order premium spirits or tequilas for shots. They need savoured and you’re wasting them doing shots or buying them to impress! Know if your goal is fun or fancy and buy accordingly.

- If you order a double make sure you watch the bartender put it in: Often times they only give you one shot and give you less mixer…....crafty.

Physical & Mental Health

Drink less 🤷‍♂️

Here’s a dopamine hit and a laugh for your mental health since we are on the topic of margaritas. 🍹🍋🌵

Meme of the Day

Music

You’ve got your whisky poured, you know how to drink like Bond, now what’s next? Dinner Party. 🥃

The jazz, soul and hip-hop supergroup of Terrace Martin, Kamasi Washington and Robert Glasper are back with a new album of easy-breezy nods to enjoy. 👇

Referrals

You are: 1 referral away from The Next 10x Opportunity in Crypto for 2023 Report

Simply refer your friend using the link below ➡ Reply to this email with the word 'Report' cc'ing in your friend ➡ The report is all yours!

That’s a wrap for today! Meet us on Twitter to talk all about it. Where we’ll send you jokes, tips, and all important news from the world of money, business and crypto and more! (@RenaissanceDly)

Did you enjoy today’s issue as much as Leo did? Let us know below!

What did you think of today’s edition?

• 🍾🍾🍾 Great!

• 🍾🍾 Meh, do better

• 🍾 Weak sauce

Just reply to this email letting us know!