BC BUSINESS
Saved by @SteveeRogerr

What do the Atlantic, Business Insider, Vox, Salon, Slate, BuzzFeed, Washington Post, New York Times have in common? They've all knowingly published lies about me over the past four years. There's zero honesty or accountability in journalism. We're going to change that in 2021.

 I'm in a unique position to know just how dishonest the mainstream media is, because I've read lies about myself in so many major news outlets. I know who the bullshitters are, on the left and right, because they've all targeted me to try to score cheap points.
I have a hard time trusting anything that's reported the mainstream political media, because I've read lies about myself most of the major publications publications, thus forcing me to question what all else they might be lying about. It's a really creepy position to be in.
What's even more disturbing is how few people truly know how dishonest the mainstream political media is. If it's from a big name publication, they just believe it. That's because they haven't read lies about themselves in those news outlets, like I have. It's eye opening.
I'm not even talking about misinformation. I'm talking about outright and intentional lies that major publications made up about me for competitive reasons, because they were worried Palmer Report was getting too big, and didn't want the competition. Truly evil tactics.
I got into political journalism five years ago specifically to push back against the false narratives that the mainstream media was hyping for ratings. I was hoping I could change the media. Instead they just tried to silence me, as viciously as possible.
In 2021 I'm going to build Palmer Report into a large enough and broad enough news outlet that we're a force to be reckoned with, too big and influential to be vulnerable to the lies that larger competitors might make up about us.
My end goal will still be to force the mainstream media to finally be more honest, if only because they don't want the wrath of Palmer Report calling them out every time they hype a false narrative. I don't want to take major media outlets down. I want to force them to grow up.
It's not about revenge. I won anyway. I'm still here. I have the respect of all of you. And the media is mostly afraid to lie about me these days. I just want to force the mainstream media to grow into something that I can trust and respect, so I can sleep at night as an American
Anyway, we have four or five crucial days ahead of us as a country, and that's where I'm focused right now. But next week I'll start rolling out all kinds of plans for turning Palmer Report into a mainstream media outlet.
I've never built a mainstream media outlet before, so I'll have to ask you to bear with me as we build and grow. But I think that I, with all of your help, can turn Palmer Report into something truly special and invaluable in 2021.

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@PalmerReport
No, Mike Pence can't magically do anything on January 6th. No, Louie Gohment can't force the courts to give Pence magic powers. Trump has literally zero chance of magically overturning the election. Stop panicking over imaginary things. This is getting incredibly boring.

There won’t be a civil war. No one will pull off a coup. There won’t be martial law. None of these things are real.

It’s over. But the more clear it becomes that it’s over, the fantasizers on Trump’s side, and the panickers on our side, become more hallucinatory about it.

We have a pandemic, people dying, an economic crisis, people starving, and a runoff election that’s for all the marbles. Yet you’re going to focus on IMAGINARY doomsday scenarios? None of what’s going on is real enough for you? You have to go invent more bad things? Come on.

Those of us who have fought so hard for four years, deserve better than to have our agenda derailed by the doomsday panickers on our side. They don’t care about winning, they’re just addicted to the adrenaline rush of telling themselves they’re going to lose.

In fact the panickers on our side, and the fantasizers on Trump’s side, deserve each other. Both completely removed from reality. Neither interested in helping their own side. Just a shared interest in hallucinating over laugh out loud imaginary scenarios. And of no use to anyone
POLITICS
Palmer Report
Palmer Report
@PalmerReport
The media spent years pretending Trump could magically pardon his co-conspirators, consequence-free, at any time, even though nothing works that way. Now the media is pretending the GOP can magically filibuster, consequence-free, at any time. Nothing works that way. It gets old.

Every media pundit understands that there are always consequences to every move in politics. Yet they always frame the Republicans as being able to magically do anything they want, with no consequences, to try to scare/enrage you into staying tuned in.

"But the Republicans are indeed getting away with it all..." No they're not. They lost the Senate, the House, and the presidency. Their top leaders in the House are at each others' throats. They're out of power, adrift, losing donors. These are the consequences for their antics.

The catch is, it's just not the consequences you want. Because even as TV pundits convinced you that republicans were magically winning, liberal Twitter pundits convinced you that republicans could be defeated by imaginary simplistic magic wand solutions.

So now the pundits have spun you around to where you don't even realize your side won the election, you don't realize the Democrats are going be able to pass everything they want to pass, and you're pissed at Democratic leaders for imaginary reasons.
TRUMP
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Palmer Report
Palmer Report
@PalmerReport
1) If you want a better understanding of how to fight and win on the left, look no further than Rep. Bill Pascrell. He knows Speaker Pelosi can't just magically refuse to seat 126 House Republicans and pull it off – but that's the entire point. This is all about leverage.

2) There are no magic wand solutions in politics. There just aren't. Pascrell is a fearless flame thrower, but he understands that. He's calling for Pelosi to refuse to seat these Republicans, because it gets the discussion going about what should be done to these Republicans.

3) By calling for an extreme and impossible action (the 14th Amendment isn't a magic wand the Speaker can just wave), Pascrell is laying the groundwork to give Pelosi cover to be able to take some kind of more realistic action against the 126 House Republicans.

4) By the time Pelosi ends up taking whatever realistic action she was planning to take against them, it ends up looking reasonable in the eyes of voters in the middle, in comparison to the more extreme (and again, impossible) course of action that Pascrell put on the table.

5) So the Democratic Party will get a savvy win out of this. They'll ding the 126 House Republicans in some way, and it'll resonate with voters in the middle. But most liberal activists will end up throwing a fit about it, because they didn't get the magic wand solution.
POLITICS
Palmer Report
Palmer Report
@PalmerReport
It's trendy to suggest that Trump's attempt at stealing the election has finished off what was left of our democracy. But after everything we've been through in the past four years, I just don't buy that his endgame has been any more harmful than the rest of what he's done to us.

First of all, Trump DID manage to rig the 2016 election. The media largely swept that inconvenient fact under the rug when the evidence started to emerge shortly after he "won" because they were too excited at the ratings that a Trump presidency would give them.

But the reality is that Trump's successful theft of the 2016 election was obviously more harmful to the sanctity of our democracy than his failed theft of the 2020 election. It's just that the media now wants to get ratings out of his failed 2020 attempt.

Trump has spent four years systematically chewing at the fabric of every aspect of our democracy. We don't even know what our democracy is going to look like after this. His tantrum about losing, and zero-chance attempt at overturning it, is just a footnote at the end.

We've all known for four years now that if Trump lost the 2020 election, he'd try to overturn it by any illegal means possible. If you were paying attention, you also knew that if he got blown out, he would have zero chance of overturning it. This isn't some gasp-worthy surprise.
TRUMP
Palmer Report
Palmer Report
@PalmerReport
Please stop asking me what happens if Mike Pence calls for a "ten day window" or whatever. NOTHING happens. Nothing a fucking thing. He doesn't have that ability. It would be like me calling for giraffes to grow wings. Please stop asking me about obviously imaginary things.

Those of you who insist on fretting and panicking over imaginary bullshit are becoming a real liability to our side. You're ensuring that those of us who want to fight and win important battles, are instead stuck babysitting your panicky asses. PLEASE STOP. You're hurting us.

Some of you panickers have become such a gullible and pathetic joke, even Ted Cruz is laughing at you now. He knows he can't magically overturn the election with imaginary procedures. He's laughing his ass off at you for being gullible enough to fall for it. You're the joke now.

You fucking panickers are doing REAL HARM to our side. You make us weak. You hand the republicans leverage over us that they don't have. You derail our agenda. You make sure we get nowhere. You're my enemy. You always have been. Please go away, panickers, I detest you.

I do not want people in my audience who go around searching for imaginary things to panic over. I just don't. I never have. I never will. Sorry. That kind of shit makes me want to vomit. I will never be a babysitter for people who think it's cute to panic. Makes me nauseated.
POLITICS

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#irrationalebullience If you want to understand the nature of this asset bubble and the epic capital mis-allocation at it’s heart, look no further than rates. CB’s only tool to push an uber-levered financial system that is highly interconnected through derivatives
(1/N)

away from it’s natural convergence path towards collapse is to create opposing forces to push it towards divergence. Meaning: force, through financial repression, market participants to rely on price continuation, in a way that makes it self-fulfilling.
(2/N)

The tool used is rates as it is the basis off of which all other financial assets are priced. Today any buyer of $UST across the curve up to 30Y is guaranteed a loss given reals are negative throughout. So the only hope of escaping this GUARANTEED loss
(3/N)

is to angle for capital gains, i.e a continuous move downwards in real rates to push for some capital gains in real terms. The longer the financial repression lasts, the further investors are pushed out the maturity and credit risk curves.
(4/N)

Here are examples to understand what exactly is happening. If an investors buys a 5 Y UST he is guaranteed to lose almost 2% in real terms, so making that up in capital gains is much harder given the v short duration.
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swapnilkabra
swapnilkabra
@caswapnilkabra
A small thread to explain the tax implications of dividend of Rs.974 per share declared by #majesco Ltd which is winding up its business🧵👇

1. For starters, Majesco is declaring such huge dividend on account of it selling its US business. But, as an investor, should one think of buying the shares now? Let us find out.

2. The current market price per share of Majesco is Rs.980. This is almost at par with the dividend per share. Now, if you buy shares of Majesco, you will be entitled to dividend of Rs.974 per share.

3. Please keep in mind that dividend income is not exempt in the hands of the shareholders. It will be taxed as per regular slabs.

4. Say you are in highest slab of 30%, you will be taxed at that rate. To simplify you will be getting a net amount of Rs.681 per share (Rs.974- 30% tax).
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Nick Huber
@sweatystartup
If you're new to real estate twitter this is a must-read.

A thread on how most real estate folks structure deals with outside investors.

Most GPs utilize the "preferred equity" structure when they raise money from outside investors. They "syndicate" deals.

Here's the basics:

The person (or team of people) putting the deal together is the "sponsor". Also called general parter. Referred to on twitter as the GP.

They find the property, do all the work, hire the management company and take fees. They often co-sign debt and always secure the financing.

The investor is generally passive, doing no work and putting in cash. This is the "limited partner". Referred to on twitter as the LP.

They don't co-sign debt. They simply read reports and ask the sponsors questions and cash checks every month (if the deal is going well).

There are two equity classes.

"Preferred equity" belongs to the LPs. Cash talks, so this is a higher class of shares. They are first in the "capital stack" behind the debt (bank loan).

"Common equity" belongs to the sponsor. They are generally last in the capital stack.

Sponsors generally co-invest. That means they hold both equity classes. A 10% co-invest is standard.

That means the GP has skin in the game. His 10% co-invest makes him both an LP and a GP.
BUSINESS
Ryan Breslow \U0001f57a
Ryan Breslow 🕺...
@theryanking
10 sales tactics that work:

1/ Stage out the conversation

One conversation is just that: another conversation.

Land a second, and now you’re being “evaluated”.

Don’t try to jam through everything in the first convo.

Do just enough to pique their interest and land that second meeting.

2/ Do your homework

If you’re pitching a customer, use their product,

Read about the company and the person you’re talking to.

Ultimately, this proves that you will do the work to make their lives easier.

It’s so powerful yet so easily overlooked.

3/ Ask about the decision making process

Who is required to make a decision like this?

What would you need to see from me to be able to buy?

How long will it take to make a decision?

These questions give you the roadmap on how to close the deal.

4/ Don’t always demo

Sometimes it’s habit to jump straight into a demo.

If someone wants to talk first, do that.

This could consume a whole first conversation.

Which gives you a great excuse for that second meeting: going thru the demo.
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Romeen Sheth
Romeen Sheth
@RomeenSheth
I love Twitter.

It’s truly the Town Square of the Internet.

But finding the diamond in the rough voices can be tough.

Here are 20 of my favorite people to follow:

1. Alex Lieberman - @businessbarista

Alex writes extensively about the Founder journey.

The cool part is he’s lived everything he talks about - starting from $0 and selling for $75M with hardly any outside capital raised.

My favorite piece:


2. Ryan Breslow - @ryantakesoff

Ryan is a Top 1% founder.

This guy is a machine - he’s built 2 unicorns before the age of 27.

Ryan spells out lessons on fundraising, operating and scaling.

My favorite piece:


3. Jesse Pujji - @jspujji

Jesse is who I think of when I think “bootstrapping.”

He bootstrapped his company to an 8-figure exit and now shares stories about other awesome bootstrappers.

He’s also got great insight into all things growth marketing:


4. Post Market - @Post_Market

Post puts out some of the most thoughtful investment insights on this platform.

It’s refreshing because Post cuts through the hype and goes deep into the business model.

Idk who he/she/it is, but the insights are 💣.
BUSINESS

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Devarshi Narada knew that the marriage would end the chance of killing Banasura. So, he assumed the form of a cock and crowed. Shiva returned back to Suchindram thinking that it was dawn.
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The Straddle is my favorite trade these days. But more often than not, one needs to adjust to make a good return from it. There are many ways to do this depending on your view, psychology and imagination. Will discuss a few that I use

The Straddle is a delta neutral strategy and it is important to keep deltas in check during the course of the Trade and not let them run away from you. Of course Volatility is the elephant in the room- but not going there as that will require a separate discussion

The first and most common method is to go 'inverted.' That is to say to shift the untested side to generate additional Premium and increase the runway to Breakeven. So if you start with a Straddle at 700 and price goes to 740, you can move the PE up to say 720.

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Billy Bostickson \U0001f3f4\U0001f441&\U0001f441 \U0001f193
Billy Bostickson 🏴👁&👁 ...
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Tip from the Monkey
Pangolins, September 2019 and PLA are the key to this mystery
Stay Tuned!


1. Yang


2. A jacobin capuchin dangling a flagellin pangolin on a javelin while playing a mandolin and strangling a mannequin on a paladin's palanquin, said Saladin
More to come tomorrow!


3. Yigang Tong
https://t.co/CYtqYorhzH
Archived: https://t.co/ncz5ruwE2W


4. YT Interview
Some bats & pangolins carry viruses related with SARS-CoV-2, found in SE Asia and in Yunnan, & the pangolins carrying SARS-CoV-2 related viruses were smuggled from SE Asia, so there is a possibility that SARS-CoV-2 were coming from
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SRI KUMARIAMMAN, KANYAKUMARI (TN)
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Once, Banasura(grand son of Mahabali) obtained a boon from Shiva that he could be vanquished only by a virgin.
So, Devi took the form of a kumari and started meditating with the desire to marry Shiva at Suchindram.
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Devarshi Narada knew that the marriage would end the chance of killing Banasura. So, he assumed the form of a cock and crowed. Shiva returned back to Suchindram thinking that it was dawn.
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When Banasura heard about Devi’s beauty, he tried to take her by force. Devi, then, killed him and granted the wish of Devas to remain there always protecting them.
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2/ So what is Brew?

brew / bru : / to make (beer, coffee etc.) / verb: begin to develop 🌱

A place for you to enjoy premium content while supporting your favorite creators. Sort of like a ‘Consumer-facing Patreon’ cc @jackconte

(we’re still working on the pitch)

3/ So, why be so transparent? Two words: launch strategy.

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4/ https://t.co/GOQJ7LjQ2t domain 🍻

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