Welcome
I’m Sam Priestley and this is my blog where I share my experiences and insights gathered from the last 15 years working for myself. I wrote regularly from 2014 but rarely post these last few years due to my current work being too technical for a casual blog. Still I hope you find the articles useful.
Latest Posts:
MEV And The Evolution Of Frontrunning On Ethereum
The financial game Half-Rekt (NME) is a very interesting study for anyone interested in arbitrage or front running in the dark forest of Ethereum. It was structured in a way that we can watch the entire evolution in just one day. Every hour there was a simple function...
The $15m Eminence Defi Attack Explained
Early morning on Tuesday 29 September an arber/hacker found an exploit with the brand new Eminence (EMN) system that allowed them to do a flash loan and arb out $15m profit. In this post, I will go over exactly how they did it. The arb was split over three identical...
How Crypto Flashloans & Flashswaps Work
The coolest innovation in the past year in crypto and defi are flash loans. Flash loans allow you to borrow money with no collateral provided you pay it back in the same transaction. In this post I will explain what flash loans are, how they work and what they are...
The Birth Of Yield Farming – COMP & BAL Farming Explained
In March I launched a proprietary fund to trade on cryptocurrency believing that the opportunities I found as a professional gambler could translate to crypto. In this series, I will talk about different opportunities that the fund is currently making money off....
My Coronavirus Strategy: Part 3 – Invest
This is part three of a mini-series on my business and personal finance strategies to survive and thrive the Covid-19 coronavirus outbreak and related financial crisis. Part One: Reduce Risk – in my businesses, investments and personal life.Part Two: Increase Earning...
My Coronavirus Strategy: Part 2 – Earn More Money
This is part two of a mini-series on my business and personal finance strategies to survive and thrive the Covid-19 coronavirus outbreak and related financial crisis. Part One: Reduce Risk – in my businesses, investments and personal life.Part Two (this one): Increase...
My Coronavirus Strategy: Part 1 – Reduce Risk
The first post in a short series covering my business and personal finance strategies to survive and thrive the Covid-19 coronavirus. Part One (this one): Reduce Risk - in my businesses, investments and personal life.Part Two: Increase Earning - to gather cash for...
How To Start An Amazon FBA Business (Updated 2020)
I have been selling online through an Amazon FBA business since 2013, but I haven't really spoken about it much on this blog. I hesitate because to a reader I think it sounds too easy. The logic is simple and the businesses can be very profitable, but that doesn't...
The Ultimate Guide To VAT For Amazon FBA Sellers In UK And Europe
VAT (Value Added Tax) is a tax added to the sales price of most products and managing VAT for Amazon FBA sellers can get very complex. Each country has a different VAT system and they all work out and collect VAT in different ways. And good advice is hard to find....
How to Get A License Distil Gin From Your Home
This is a quick post telling you how I managed to get a license to distil my own gin from my house. It's actually easier than you think: In order to get a license to distil gin from your home you need to: Fill out form L5 and apply for a rectifier's license Explain...
Serendipity – How To Be In The Right Place At The Right Time
Serendipity is a concept I think about a lot and massively impacts how I do business and how I live my life. Wikipedia describes it as “the occurrence and development of events by chance in a happy or beneficial way". Or in other words: being in the right place at the...
How To Start A Supper Club In Your Home
Every couple of weeks for the last year, we have welcomed paying guests into our home. Emma, my wife, cooks us a delicious three-course meal. And we all sit around a table together, eating, drinking and chatting. What I have just described is a business known as a...
