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Welcome back to another week with Renaissance. The newsletter equivalent of Home Alone. If someone was to see this group’s collective trading logs, and the crazy names of their crypto investments, they’d think there’s an unsupervised child behind it as well.

Today at a Glance:

100X Potential Crypto Trade

Outperform 99% Of Your Competition - BLUE OCEAN STRATEGY 

2024 Predictions Are Raining In

The Renaissance Over-Under

Crypto Market & NFT News

Buying The $BEAST At Bottom - Potential 100X Crypto Play 🚚

The most entertaining car of the decade is finally out…sure it’s more expensive than we thought, but the beast is here! And with it - more Elon madness. 🤪

And if you missed the Twitter news and Elon’s interview, you can ‘go fuck yourself.’😉$GFY token immediately started trending and we bagged the 100X.🎉 The narrative is all on Elon in Web3 right now and the value of the tokens is directly attributed to his news and his tweets……

Enter……$TRUCK.

This played out when the news of the release of the cybertrucks was finally announced and it shot up to $10 million market cap! And then the graph tapered off….right before Elon tweeted and it shot from the bottom straight to $10M!

Now here’s the $BEAST chart

It’s played out the exact. Same. way.

- We went to $11million market cap and back to earth, and now since we swept the floor we’re back up to $200k cap. This will increase as marketing for the beast comes out.

- The telegram community is still active and very solid with around 2000 holders, and all of the shaky liquidity has already left. The remaining holders are stable and building which should only send the price action up with a lower risk of bottoming out further.

- This is a perfect setup for an asymmetric bet where the risk/reward is ideal! The downside is what you risk to lose, upside is 100x from here. There is no middle ground.

- Think of this as buying a distressed asset like when a meme stock goes into bankruptcy for cents on the dollar before it rockets up again and emerges.

- It's purely a narrative play - we’re trying to get ahead of the attention curve, and this is the trusted and proven token to suck in the capital when Elon starts to talk about the cyberbeast.

- He has to start promoting it HARD soon, look at the pressure twitter is under. It needs another $10B to keep it up and Elon will have to sell Tesla to get it - he needs this to sell well and the BEAST is the flagship to push!

- When Elon does tweet about it the price will rocket to potentially life changing returns from here. 📈

- All it takes, is 1 tweet…..

Us sweeping the $BEAST floor price. It’s risky, but we won’t miss a banger!

Beast Dextools: https://www.dextools.io/app/en/ether/pair-explorer/0xe98d3fff3fad49d2eddcd276e8efea03e7475eb3

NOSTALGIA OF THE DAY

Business, Money Markets & Financial News

🚀 Outperform 99% Of Your Competition - BLUE OCEAN STRATEGY 🌊

1/ So, you want to dominate the market and outshine 99% of your competitors? 🏆 Forget the corporate shark tank, it's time to dive into the crystal blue waters of the Blue Ocean Strategy like a pig in shit.

2/ 📚 The key? The Blue Ocean Strategy book. I've read it twice and plan to keep it as my entrepreneurial bible. Not just a read, but a study. Let's break down the wisdom💡

3/ Starting a business is like a dive, right? 🏊‍♂️

Red ocean = crowded chaos. // Blue ocean = pristine paradise.

What would you choose? Obviously, the vast, calm, and competition-free Blue Ocean for starting your business. Duh!

4/ Markets are divided into red and blue oceans. Red is the bloody battleground, blue is the uncharted territory. Spoiler: Blue is where you want to be. 🌐

5/ In the Red Ocean, it's a feeding frenzy. Competitors fight over limited customers and resources. Profits shrink, products become generic, and it's basically a mess. The eBay example of this are airlines, completely terrible businesses!

6/ But, here's the kicker: Creating a Blue Ocean can lead to better profits and growth! 📈 A study of 108 companies showed that the Blue Ocean thinkers got 61% of total profits. Time to stop elbowing and drowning all the grannies in your swim lane, pick a new lane with no competition folks.

7/ 🧠 Now, what's the Blue Ocean strategy? It's all about value innovation—providing higher value to customers at a lower cost.

8/ Let's talk about Casella Wines, the Aussie legends. 🍷 They used a Blue Ocean tool called the Strategy Canvas to analyse the market. It's like taking a screenshot of the competition and customer value.

9/ 🎨 Then, they used the Four Actions Framework to stand out. Eliminate, reduce, raise, create. Cut the noise, focus on simplicity, raise prices strategically, and create a product that appeals to non-customers. Kangaroo wine, anyone?

10/ Yellowtail didn't just steal sales; it grew the market! 🚀 Non-wine drinkers became fans. Novice drinkers upped their game, and high-end wine lovers joined the Yellowtail party. That's Blue Ocean magic.

11/ 💡 How to find your Blue Ocean? Six practical tips! Tip 1: Look across functional or emotional appeal to buyers. Starbucks turned coffee into an emotional experience, while QB House stripped away the fluff for a quick haircut.

12/ 🔄 Tip 2: Consider substitutes. NetJets combined the best of private jets and commercial airlines, creating a multi-billion dollar business. Convenience at the price of a commercial flight? Genius!

13/ 🌟 Tip 3: Reimagine the customer experience. Philips turned the British tea kettle industry Blue by focusing on the water, not just the kettle. It's not just about the product; it's about the whole journey.

14/ 🤔 Tip 4: Look across strategy groups. Toyota did this with Lexus, offering luxury at a price not far from economy cars. They got customers from both segments, making Lexus a car everyone wanted.

15/ 🚀 Tip 5: Explore across industry boundaries. Novo Nordisk shifted focus from doctors to patients in the insulin industry, creating a revolutionary insulin delivery system. Bye-bye needles, hello Blue Ocean.

16/ 📈 Tip 6: Identify trends. Netflix saw the rise of streaming and created its Blue Ocean. What's the trend in your industry? Be ahead of the curve.

What it really means, and who are you?

Alright, we’ve got a lot of new people lately here in the Renaissance family, so we’ve had to start slow as we’re at the end of the year…let some of us catch up on some basics🙄

⚡ This is essentially the dumbed down version of Peter Theil’s ‘Zero to One’ philosophy!

⚡ This is classic silicon valley 101, innovate, build, and create new products and services that haven’t existed before.

⚡ Create a monopoly and don’t have large competitors, you can take over your whole market niche and capture all of the value without it being competed away! (i.e. this is the principle of him starting PayPal which didn’t exist before, it may be a dinosaur now but it made him a billionaire…)😎

We talk a lot here about fool proof plans to become a millionaire, and they’re tried and true and they’ll make a lot of you very rich! Butttttt, is the Ecomm owner or Airbnb superhost who you really are?

Are you prepared to do marketing until you die to protect your revenue for a project you’re not really passionate about?

Or should you do the project that’s a little crazy, follow your passion, and do the one you would do if money wasn’t an issue and you were going to die in 2024? Do the project and take it from zero to one and if you’re successful you win in that market with no competition……

LITTLE BITS 😎

https://www.amazon.co.uk/Zero-One-Notes-Startups-Future/dp/0804139296

 https://www.instagram.com/reel/C0CdamvxZ37/

‘Oh, to be in NYC and have that much Charisma hahah keep improving!’

subway.reader

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5 Essential Year-End Tasks Every Manager Needs To Complete

Spotify is being hammered for wrapping 2023 with layoffs before Christmas

This is some savage Swedish business…but it really makes me curious about their end of year earnings and stock price, I’d be checking this out for an earnings report move 👀

Who Is @BasedBeffJezos, The Leader Of The Tech Elite’s ‘E/Acc’ Movement?

Wealth Building, Personal Finance Hacks & FAT FIRE

That’s right gang, we’re getting closer to the end of the year and boy will we have good round ups for you. We’ve made great steps this year but are gearing up for an even bigger 2024.💪

We’ll be setting our goals, our targets and want you to come along with us. Getting financially wiser and smarter each week (read richer) and ending 2024 so much better than we entered it.

No matter what way the markets move there’s money to be made somewhere. And that’s the gold we look to find. Regardless, with the year-end fast approaching and before we start stuffing ourselves for Xmas, it’s time for Wall Street’s top strategists to make their prediction targets for 2024.

And as you can see, there’s a vast difference in views…..

The S&P has been climbing and currently sits around 4,550 as of writing. Up nearly 20% YTD and up nearly 30% from the October 2022 low last year. This means only 2 of the above firms have predicted negative returns over the coming year. Although let’s face it, even 4,700 from Goldman represents a measly return of 3%. Not what we deem acceptable here at Renaissance.

Returns for ants 🐜

These returns aren’t what we necessarily look to track, but are useful for broader market sentiment. A bullish market outlook means we can party like it’s ‘99 again bringing even more available plays and opportunities to take advantage of.

Which is exactly what Capital Economics have said with their 5,500 prediction (an c.21% return):

“Still time for the S&P 500 to party like it’s 1999 …it has come a long way lately, thanks both to a rise in its valuation and to an increase in expectations for future earnings. …This partly reflects investors’ enthusiasm about AI technology. …if AI enthusiasm is inflating a bubble in the S&P 500, it’s one that is still in its early stages. We think the index could therefore make further gains: our end-2024 forecast is 5,500, ~20% above its current level.“

If the AI enthusiasm continues this could still have a long way to go with a lot of money to be made. Perfect timing as Google just release their AI competitor which they’ve been reporting can outperform Chat-GPT!

You just have to be the smart money. Once it gets near mania levels, take your exit. Don’t be the guy caught swimming ass naked when the tide comes in.

We’ll be calling it as we see it, along with great other plays to strike when the iron is hot. And with the bitcoin halving in 2024, alongside the approval of Bitcoin spot ETFs, you definitely don’t want to miss it. It’s setup to be a big year in the crypto market with already some very bullish predictions.

BitQuant has went even bigger, predicting Bitcoin will peak after the halving with a price target of $250k.

If there’s big movements like this in the blue chip crypto market, you know there’s going to be even bigger opportunities to build wealth with other coin picks. And that’s exactly what we’ll be doing with you guys each week.😎

Meme of the Day

That’s a wrap for this week! 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)