BC FINANCE
Saved by @Mollyycolllinss

1/ Hey guys, remember that time Steve Bannon ran an army of game virtual currency miners in Asia, for sale to westerners at discount prices, arbitraging attention for profit?

That was

 2/ “The company was founded by former child star Brock Pierce, and Bannon was an investor. Bannon managed to convince Goldman Sachs to plow $60 million into a company that sold imaginary goods in an imaginary world.”

In 2020, Brock Pierce ran for President. Guess who...
3/ was Pierce’s campaign manager?

Brittany Kaiser, the fake whistleblower who left Cambridge Analytica in late March 2018 — right *after* it blew up.

https://t.co/KIPotgw3M9
4/ Guess who was all excited about today’s $GME activity? Steve Bannon and Russia shill, Jack Posobiec. They called it a “populist uprising against Wall Street.” That’s cool... just leftists, Steve Bannon, and Russia shills cheerleading for the same stuff. It happens...

More from Dave Troy

Dave Troy
Dave Troy
@davetroy
THREAD: Now that @Amazon @awscloud has announced they will no longer host @parler_app, many have speculated that they will just “find another host.”

Here is why that’s not so simple and what it will likely mean for the app’s future. First, let’s look at where things are...

2/ Google and Apple have removed the app from their app stores, effectively terminating growth on mobile devices. People can still access the (not good) web UI until Amazon terminates them today. CEO Matze has said they may be down “up to a week” while they find new hosting.

3/ Translated to English, that’s code for “we have no idea what’s going to happen next.” No US cloud provider (Microsoft, Google, IBM, Digital Ocean) is likely to touch this, as it could be seen as providing material support for sedition. No CEO or counsel wants to get near this.

4/ They could potentially “roll their own” data center by buying servers and putting them in a co-location facility. But that’s a single point of failure, and many colo providers would be just as likely to decline their business. It would be hard and risky to pursue this.

5/ Imagine, after they sweated like pigs to get this hardware all setup, if they get told their colo provider is booting them. That’s a lot of metal to then move somewhere else. Meanwhile, the user base is deteriorating because chaos and dying apps. They will go to other venues.
INTERNET
Dave Troy
Dave Troy
@davetroy
Investigating networked disinformation and influence campaigns is hard. SIGINT is often scarce, and encrypted. But people are sloppy; HUMINT is vital, and developing it requires an iterative approach. Each cycle of reporting exposes more players, which attracts more sources.
SOCIETY
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Dave Troy
Dave Troy
@davetroy
Four years ago this month, there was an uproar among analysts (and the public) about whether Cambridge Analytica was a PSYOP. The word is triggering; it tends to get people animated, makes people think of conspiracy theories, implies a grand master plan, shadowy operators, etc.

I have a good memory of that. What's happening now re: QAnon and whether it was a PSYOP and by whom is comparable. And it's a pointless debate. Any operation that 1) does target audience analysis, 2) deploys messaging against audiences, 3) tries to alter behavior, is a PSYOP.

The origin of this particular operation is complicated, networked, and muddied by people who wish to both claim and disclaim it. But it is functionally a PSYOP, has borrowed from that heritage, and can be analyzed in those terms. Miss me with claims to the contrary.

Researchers, journalists, and historians need to get to the bottom of how it evolved (and it did evolve, vs. a unified top-down plan), and we can do that if we work in good faith together. But we have to accept the fact that these kinds of operations are now commonplace.

It also helps to use the lens of emergence; information ops evolve, and incorporate DNA from everything that has come before: LARPs, ARGs, PSYOPs, the general public's participation + gullibility. In that context, one doesn't need top-down orchestration, necessarily.
SOCIETY , PSYCHOLOGY
Dave Troy
Dave Troy
@davetroy
@ropebelt Yes, though we have been on edge for deep fakes for a good while now, and remain constantly impressed at how well cheap-fakes and simple manipulations work. Deep fakes are the caviar of the trade, when McNuggets work just fine.
PSYCHOLOGY
Dave Troy
Dave Troy
@davetroy
THREAD: It’s time to clarify an ethical stance regarding QAnon, and those who research and report on it. It is a disease — a mind virus — with real victims, people who have been lied to and alienated from their families and communities.

2/ First, we must help the victims, and focus on helping them restore their bonds to family and community. Second, we must hold the perpetrators accountable. Third, we must shun all those who profit from its continuance.
LIFE

More from Finance

Max Koh
Max Koh
@heymaxkoh
I'm lucky to attain financial freedom before 30.

I credit Fintwit for my learnings.

Here's 10 key concepts every investor must know:

1. $$ needed to retire
2. Researching a business
3. Reading annual reports
4. Reading earnings calls
5. Criteria of a multi bagger

(Read on...)

6. Holding a multi bagger
7. Economic moats
8. When to buy a stock
9. Earnings vs cashflow
10. Traits of quality companies

Here's my 10 favourite threads on these concepts:

1. How much $$ do you need to retire

Before you start, you must know the end game.

To meet your retirement goals...

How much $$ do you need in your portfolio?

10-K Diver does a good job explaining what's a safe withdrawl rate.

Hint: It's NOT


2. Research a business

Your investment returns are a lagging indicator.

Instead, your research skills are the leading predictor of your results.

Conclusion?

To be a good investor, you must be a great business researcher.

Start with


3. Reading annual reports

This is the bread and butter of a good business analyst.

You cannot just listen to opinions from others.

You must learn to deep dive a business and make your own judgments.

Start with the 10k.

Ming Zhao explains it
FINANCE
Indian Quant \U0001f1ee\U0001f1f3
Indian Quant 🇮🇳...
@indian_quant
Nano Course On Python For Trading
==========================
Module 3

In this post, I will attempt to teach you how to write an algorithm in python to automatically find support and resistance. We shall use the data we downloaded in module 2.

+

To visualize price action, I have used the daily candlestick chart. To quantify the meaning of support and resistance, I have taken below definitions:
In a series of 5 continuous candles, if the first three candles make increasing high and then 2 decreasing highs, then the

+

high of the third candle is considered resistance. Similarly, if the first 3 candles make lower lows and the next 2 make high lows then the low of the third candle is support.

+


The above explanation is for the sake of quantifying support and resistance at a very basic level. These are called fractals. Now let's get started with the code.

mpl_finance is the new module here. We will use its candlestick_ohlc function.

+


Now, if you remember, you downloaded data for nifty 50 stocks in module 2. We shall use that data. Let's work on ITC data this time.
We will use data from 1 Jan 2021 to 30 June 2021.

+
FINANCE , PYTHON , ALL
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Niranjan Avasthi
Niranjan Avasthi
@avasthiniranjan
A simple thread to understand relationship between US Dollar and Emerging Markets.

The relationship between the performance of Emerging Market stocks and the US Dollar is one of the tightest macro relationships that exists in investing.

1/15

The weekly return correlation between US Dollar and MSCI Emerging Market Index is -0.70 over last 10 years. Which means when US Dollar weakens, Emerging Market stocks rally and vice versa.

2/15

As seen in this chart, the MSCI EM Index and the MSCI World Index ratio and the US Dollar Index are negatively-correlated.

When US Dollar weakens, EM index outperform World Index and when US Dollar strengthens EM index underperform World index.

3/15


From 1995 to 2000, the USD appreciated over 30%, while the MSCI EM Index underperformed the MSCI World Index by over 15% annualised.

Then from 2001 to 2010, the U.S. dollar depreciated over 18% while the MSCI EM Index outperformed the MSCI World Index by 14% annualised.

4/15

Then from 2011 to 2020, the U.S. dollar appreciated over 30%, while the MSCI EM Index underperformed the MSCI World Index by 7% annualized.

Overall, from 1995 to 2020, this relationship has a correlation of -0.35.

5/15
FINANCE , STOCKLEARNINGS , MARKET LEARNINGS
jewd\u24b6s // \u05d9\ufb1d\u05d3\u05d4\u05d5\u05d3\u05d4
jewdⒶs // ייִדהודה...
@jewdas
We all know no-one should profit from antisemitic hate speech right? Well, tell that to the @JewishChron.

In their media pack they advertise that they've run (at least) one event with Nigel Farage as a speaker. The JC is using their connection with an antisemite to make money.


Important bits first. The media pack has a 2020 calendar so it is probably just over a year old. Which means, all of our examples below bar one had been published when they tried to make money from an event with Nigel Farage. They knew what he had said and didn’t care.

You want one example? Here you go. The JC knew and even called him out on it. So why does their press pack, probably made just months after this and made to get people to advertise with them, show off their link to him?

What kind of advertisers do they want??


For anyone skim reading, let us make this very clear, using words from the Campaign Against Antisemitism. @antisemitism.


Ok, so now the attention-grabbing bits are done, lets dig deeper.

Is Nigel actually an antisemite, Geoffrey hears someone ask in terribly bad faith. Well, lets explore his history of antisemitism through the JC’s own articles!
FINANCE
Route 2 FI \U0001f4c8
Route 2 FI 📈
@Route2FI
I reached financial independence and quit my 9-5 job this week at 33 years old to work with my own projects.

A thread with lessons about:

-freedom
-time
-money

One day in 2018 when I was in my 9-5 cubicle, I thought to myself while I stared out of the window:

How could I continue waking up every morning and be totally unexcited about everything I was going to do day after day?

This led me to Google:

“How to quit my job forever”.

You know the rest of the story.

Early Retirement Extreme and Mr. Money Mustache are the first pages popping up.

I read everything in a couple of days.

There was really no way back.

WTF, could I quit my job in a couple of years by investing?

I have always been pretty good at handling money, but earlier on I'd just pay down my mortgage faster.

Now I was going all-in on investing.

I started saving and earning more money by changing my 9-5 job.

Starting out I had a savings rate of 40%.

Last 5 months SR: over 90%

I got addicted to investing.

It was like a game.

My salary was increasing every month and on top of that, I started earning more online than I did in my 9-5.

I started dreaming about $100M.

But, then I reflected:

"What will I sacrifice if I continue like this for 30+ years?
FINANCE

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Christina Warren
Christina Warren
@film_girl
A brief thread on Jovan Hutton Pulitzer, the crazy con man who is now claiming to have hacked into the Georgia voting machines in Fulton County. 90s kids and tech aficionados might remember Jovan as the inventor of the CueCat, the dumbest gadget of all time.

Also, for anyone who wants to claim that Jovan Hutton Pulitzer (not his given name, but one he changed legally after the CueCat debacle) invented QR Codes: he did not. Like that other right-wing crazy man who claimed to have invented email, Jovan didn’t invent QR Codes.

He did invent the CueCat, a product that somehow raised $185 million dollars for a tethered barcode scanner for magazines and newspapers, so you could get ads from your ads. As I said, the dumbest product of all time. Good backup barcode scanners after they were hacked, however

Oh, that’s another thing. When CueCat was a thing, its systems were hacked. I guess that’s what makes Jovan a security expert. His bankrupt company from 20 years ago was hacked and widely mocked. He’s a genius.

In recent years, Jovan pivoted to being a treasure hunter who was featured on and widely mocked on Curse of Oak Island, because the man is insane.
POLITICS
Conservative Trader
Conservative Trader
@AnandableAnand
How to get rich trading (without getting lucky)

Complete beginner’s guide to wealth of Rs 10 Cr in 10 years

Step 1: start trading live

1/n

Nothing can substitute experience of live trading

No amount of back-test, studies or indicators can substitute training your mind with screen time

As a beginner, In live trading, you will make losses almost everyday

2/n

So here are the conditions which you can’t violate in first year
If you can’t follow these rules, this document is not for you

Start with trading capital of Rs 1 lakhs

Max loss per trade 0.25%, i.e. 250 Rs

Max loss for the day, 1%, i.e. Rs 1000

Max 6 trades in a day

3/n

I know, these conditions will cripple you in terms of what all you can trade and how

But just like any start up, trading is also about making it through initial gruelling constraints of life

You will also learn, how to turn these adverse rules to your advantage

4/n

Btw, you can sell directional banknifty options, obviously you can buy options, can do cash stock trading and much more under these conditions

Think about it, you will be do all kinds of instruments, just that PNL will not be roller coaster ride or exciting like a casino

5/n
TRADING , ALL
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Murray \U0001f1fa\U0001f1f8
Murray 🇺🇸...
@Rothbard1776
NEW: @SidneyPowell1 radio interview w/ @toddeherman "The new report has a truckload of evidence of foreign interference in the election in it. That's what people seem to want to deny, even though the FBI & CISA ... issued an advisory and alert back on Oct. 30th & updated on

2/ Nov. 3rd, so for them to deny that now is absolutely absurd. Plus, we have an affidavit from an expert cyber-warfare [individual] who even shows the diagram of all the attacks coming in. We know that the VPN ... the Dominion people left those open and unencrypted on the night

3/ of the election, so that anybody could get in. We know that the packets of information went to Serbia [note: over 100 Dominion employees scrubbed there LinkedIn profiles of any affiliation with the company after the election, many of whom were in Serbia], Liechtenstein,

4/ Spain, Venezuela, Hunan, China & Hong Kong. There was traffic all over into our election system that is supposed to be self-contained, not accessible by the internet at all. We have witnesses who document that it was connected to the internet. We have a study out of

5/ [the Dominion voting system in Antrim] MI, they know that it was connected to the internet. They erased their audit files & their adjudication files, where they dumped over 68% of their ballots into a bin that they call "adjudication" [that would've been thousands + thousands
POLITICS , ELECTIONFRAUD
Jaya_Upadhyaya
Jaya_Upadhyaya
@Jayalko1
NARHARI AND BHAGWAN PANDURANG/VITTHAL

Once a goldsmith by the name of Narhari lived in Pandharpur. He excelled in his craft. He had vowed not to look at Pandurang or visit his mandir ever, as he was a Shiva Bhakt.
One day, a wealthy merchant visited him.


He wanted a gold girdle studded with precious gems, to be made for Prabhu Vitthal. Narhari refused to make it as it was for Vitthal.
After many requests, he agreed to make the girdle but asked the merchant to bring the measurement from the mandir as he himself would not go there


The measurement was given n he made the girdle. When the girdle was put on Vitthal, it was loose. Narhari had to shorten it. Now the girdle became tight. So Narhari was forced to take measurement on his own. He had to go to the mandir but went blindfolded to avoid seeing Vitthal


In the Mandir, when blindfolded Narhari touched Vitthal, he felt as if he was touching Shiva with matted hair, the moon, snake in His neck and Trishul in His hand. Ecstatic with joy, he removed the blindfold to see Shiva but he found the murti of Vitthal with Rukmini there.


He realised the truth that there was no difference between Vitthal and Shiva. Narhari at once fell at the feet of Panduranga. He then took the measurement of the waist of Vitthal and this time the ornament fit the Murti perfectly.

Narayan Hari🙏🏻
ALL
Jaya_Upadhyaya
Jaya_Upadhyaya
@Jayalko1
WEAPONS OF MAHADEV

Sarvaripati Shiva is one of the most fearsome manifestations of Mahadev. Assigned with destroying all of the universes at the end of time, Shiva is one of the most fearsome warriors. He is the Mrityunjaya.
Here are some weapons associated with him:


TRISHULA: the 3 pointed blades denote creation, maintenance, and destruction or the 3 Kalas – Past, Present and Future. They also represent 3 Gunas – Sattva, Rajas and Tamas).
Shiva’s trishul can only be stopped by Shiva himself.
@onlyonenetra @DetheEsha


Trishul is also said to represent Ida, Pingala, and Sushumna. These are the three basic nadis – the left, the right and the central – in the pranamaya kosha, or the energy body of the human system.
@iamkamyabuch @unever_followme


PARASHU: axe with 4 cutting edges which Shiva gave to Parashurama. In his anger, Parashurama used the parashu to get rid of the all the Earth’s tyrannical kshatriya caste twenty-one times over.
@harshasherni


CHANDRAHASA SWORD: The divine sword Chandrahasa literally means ‘the laughter of the moon’. Ravana gave this sword to Indrajit on different occasions especially to fight against Devas.
GIRISH: A special sword of Shiva with unique characteristics.
ALL