BC FINANCE
Saved by @ThomassRichards

[QUICK THREAD: PERSPECTIVE]
1/11
Make no mistake, I abhor that prancing peacock, I really do. Just not for your reasons. His financial corruption doesn't bother me. His Islamophobia does, but only so much. His lies, again, only to an extent.

 2/11
Financial corruption is as old as politics itself. Lying isn't a Modi-exclusive feature, it practically underscores Indian politics. And islamophobia? Ask yourself, is he the inventor of Islamophobia, or the product?

No, what bothers me is his mainstreaming of trash.
3/11
Men can set you on fire and livestream your death under far-from-tacit political patronage. That's what I hate Modi for.

It's a mundane reality that you'll receive threats of rape and death for merely pointing out his flaws. That's what I hate Modi for.
4/11
Academic institutions get addressed by conmen like Jaggi and Ramdev. That's what I hate Modi for.

Congregations of scientists talk about Vedic airplanes and radioactive dung with a straight face and it's elitist to call them out for it. That's what I hate Modi for.
5/11
A panwala in Bombay not only has a strong opinion on what's best for Kashmiris but also wants every one of them gunned down to uphold that opinion, even though nobody in his entire family tree has even a hint of stake in the state in question. That's what I hate Modi for.
6/11
You get assaulted for not parrotting a religious slogan, one that used to be a harmless call to the divine but now evokes terrorism. If you survive, you're arrested. If you don't, your murderer gets felicitated by a member of the government. That's what I hate Modi for.
7/11
I hate him for his selfie-obsession and his botox.

I hate him for the comic personality cult he has demanded to be built around himself, from rehearsed interviews to scripted wisecracks.

I hate Modi for sinking the discourse to '50 crore ki girlfriend' and 'Jersey calf.'
8/11
I hate him for impeaching not only his office but also my dignity as an Indian in the global community.

I hate him for making classy behavior a matter of nostalgia.

Don't worry about him being an Islamophobe, there have been those before and there will be those in future.
9/11
Sure Islamophobia bothers me. Just not the most. Corruption is a hallmark, not of politics but of our species itself. It too doesn't bother me the most. Demonetization didn't make me furious, 'ghar mein shadi hai, paise nahi hain' did.
10/11
He is crass. He is trashy. He is a rotten human being down to his bones.

And would've been so even without his corruption or islamophobia. He has to go. Even if it means someone worse (which isn't possible) replacing him.

What happens if he doesn't?

Guess who loses...
11/11
Rest assured not my kind. As a man of privilege, on every count, I will thrive through his worst. It's YOU, the unprivileged, the youth, the unemployed, the uneducated — his biggest fanbase — that won't.

Fix this country.

Not for me.

For yourself.

More from Amit Schandillia

Amit Schandillia
Amit Schandillia
@Schandillia
[QUICK THREAD: AMSTERDAM'S XXX]
1/11
Most European cities date back to the Middle Ages if not Antiquity, and have an imperial coat of arms. This one's Amsterdam's. What you see in the middle column are not 3 letters but 3 crosses, Saint Andrew's Crosses or saltiers to be precise.


2/11
The reason St. Andrew's Cross looks like that is because the saint was martyred on an X-shaped cross, instead of the more familiar + kind. He was one of the apostles of early Christianity and was crucified by the Romans for heresy.


3/11
The reason this particular cross features on the city's coat of arms is because the apostle in question was a fisherman. And Amsterdam was founded as a fishing village back in 1505. St. Andrew is the most natural patron saint of fishermen around the world.

4/11
Being the official municipal herald, this coat of arms appears all over Amsterdam. Take the city hall building (officially, the Stopera), for instance.


5/11
Or this heritage building, certainly older than 1947 as it didn't include the motto (Heldhaftig, Vastberaden, Barmhartig). The motto was added only in 1947 by Queen Wilhelmina to honor the bravery and compassion shown by the city during the General Strike of 1941.
ALL
Amit Schandillia
Amit Schandillia
@Schandillia
[THREAD: WHEN GREECE RULED INDIA]
1/89
Some time in the 7th century AD, Sanskrit writer Bāṇabhaṭṭa did a biography on his patron, emperor Harshavardhana. It was titled Harṣacarīta and is said to be the first biographical work from the subcontinent.


2/89
Besides abundant references to the Greeks (as Yavanas, derived from Ionians), the book recounts a curious incident of king Vatsapati being ambushed by soldiers emerging from "the belly of a sham elephant."

This section may or may not have been lifted from an earlier work.
HISTORY
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Amit Schandillia
Amit Schandillia
@Schandillia
[THREAD: HISTORY OF THE HINDU TEMPLE]
1/102
Four hours south of Aswan in Lower Nubia, right by the Nile, is a region dotted with temple complexes built more than 3,000 years ago. Some like the temples of Amada, Derr, and Beit el-Wali go as far back as 1500 BC.


2/102
A little further south, not far from the border with Sudan, is another complex dedicated to Ramses II, Hathor, and Nefertari in the village of Ipsambul, better known locally as Abu Sunbul and internationally as Abu Simbel. These go back to the 13th century BC.


3/102
Djeser-Djeseru, also known as the mortuary temple of Hatshepsut in Upper Egypt also dates to 1400 BC. Over 500 years older is the nearby Mentuhotep II, also a mortuary temple. Both were dedicated to the cult of Amun Ra, besides their respective pharaohs.


4/102
Far older is the Ġgantija complex of Malta. Going as far back as 3600 BC, this one comprises of two temples entirely made of stone and enclosed in a stone wall. From the figures therein, it's understood to be a site of some kind of a fertility cult worship.


5/102
Dating from the same period are the limestone megaliths of Ħaġar Qim and Mnajdra, both said to have once hosted ritualistic sacrifices as part of the same fertility cult worship as found in the Ġgantija complex. Malta has some of the oldest temple complexes in Europe.
RELIGION
Amit Schandillia
Amit Schandillia
@Schandillia
[QT: INDIA, THE GOLD STANDARD OF CLASS]
1/28
Some time last week, an American shared this on LinkedIn. A neutral (note the 3rd-person verbiage) observation of the goings-on in our capital with a legit @AP thumbnail. Of course India had to descend on him like an avalanche of poop.


2/28
This is a quick thread of some of the worst responses out there, just to illustrate the obvious, which in one way makes the exercise pointless. At the same time, such loss of a demography's class must never be out of the spotlight. So am doing it anyway.

3/28
Just before we start, here's a small bummer: I've redacted all identifying information even though it's all in public domain. This is to avoid any inadvertent code violation; Twitter doesn't seem to like doxing and neither do I.

So here we go.

4/28
1. Corporate affairs general manager at a Japanese auto heavyweight.
2. DB architect with a Silicon Valley giant. Sum total of his argument? Farmer leaders lean Left. Interestingly, also disses the IAC shindig the biggest benefactor of which was the party in power today.


5/28
Here's another, this time no less than the COO of one of the biggest electronics retail chains in India. From his English, to his demeanor, to his self-entitlement, tweet naming one thing that isn't oozing class.
INDIA
Amit Schandillia
Amit Schandillia
@Schandillia
Lemme share a poem with you. It’s titled Ram and was originally composed in Urdu by a controversial Indian figure about 114 years ago. There’s 6 verses, am sharing each of them along with an English translation.

Verse 1:
[U]
labrez hai sharāb-e-haqīqat se jām-e-hind
sab falsafī haiñ ḳhitta-e-maġhrib ke rām-e-hind

[EN]
Overflowing with the wine of Truth is the cup of India
All philosophers of the Western world have acknowledged India

Verse 2:
[U]
ye hindiyoñ kī fikr-e-falak-ras kā hai asar
rifat meñ āsmāñ se bhī ūñchā hai bām-e-hind

[EN]
It is the result of the elegant thinking of Indians
That higher than the sky is the position of India

Verse 3:
[U]
is des meñ hue haiñ hazāroñ malak-sarisht
mashhūr jin ke dam se hai duniyā meñ nām-e-hind

[EN]
This country has had many people of angelic disposition
On whose account world renowned is the name of India

Verse 4:
[U]
hai raam ke vajūd pe hindostāñ ko naaz
ahl-e-nazar samajhte haiñ is ko imām-e-hind

[EN]
India is proud of the existence of Rama
Spiritual people consider him prelate of India
ALL

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Sneh Kagrana
Sneh Kagrana
@sneh_kagrana
How Does Zero Cost EMI work?

What is the catch here? How do Companies involved make money here?

A Thread🧵👇

Please "RT" if you like the thread.


1/ You are looking for a mobile phone worth Rs.10,000 on Amazon and as you move ahead to place the order, you are offered an option to pay that amount spread across 6 months. 6 EMIs of Rs.1667. No interest charges or processing fees.

2/ The next thought you have is - ‘obviously there is some catch here’. Why would someone give me an option to pay over 6 months? That too without any fees/charges!?

The catch is - it is more to do with marketing and sales than finance.

3/ There are 3 entities involved in this transaction. The platform (Amazon), Mobile Brand (Samsung), and the finance company (Bajaj Finance).

4/ Imagine you are a student who just got an internship with a stipend of Rs.5000. Shelling out Rs.10000 may not be possible for you. But if you have to pay Rs.1667 a month for 6 months, you feel like you have got a deal! Samsung gets to sell more. Amazon gets more commission.
FINANCE , ALL
Thomas Chua
Thomas Chua
@SteadyCompound
Terry Smith is often referred to as "the English Warren Buffett".

He runs Fundsmith which has a fund size of £27.9bn.

Despite the size, Fundsmith did a CAGR of 18.4%.

In his book Investing for Growth, he explains his investing philosophy.

Here's a breakdown:


1. Fundsmith's winning formula

Find companies that focus on delivering value.

Not those who are looking to pacify Wall Street with short-term results.


2. Avoiding "cheap" companies?

Low multiples are not a reason to buy a company.

A ship will continue to sink if it has a hole in it.

"A stock may have a low valuation but an even lower intrinsic value. Buying such a stock is not a recipe for investment success."


3. Getting quality right

For long-term investors, getting the quality of the business is more important than the valuation.

“An investor could have paid 281 times earnings for L’Oréal, 156 times for Colgate, and 147 times for Brown-Forman and still beat the market.”


4. "Unprofitable" companies could be good investments

Many of the best companies don't show earnings today.

But that's because they're heavily reinvesting for the future.

It's just that the earnings hasn't show up.
FINANCE
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Prashant Shah
Prashant Shah
@Prashantshah267
Thread: P&F Super Pattern

An effective price pattern defined using properties of P&F charts.

#Superpattern #Pointandfigure #Definedge


Point & Figure is an oldest charting method where price is plotted vertically, and the chart moves only when price moves. It is a different way of looking at the price, the objective box-value and reversal value offers advantage of identifying objective price patterns.

When price is moving up, it is plotted in a column of 'X'. When it is going down, it is plotted in a column of ‘O’. Normally, three-box reversal criteria is used to define the trend & reversal. Unlike a bar or candle, the P&F column can have multiple sessions in it.


Link to know more about the subject:
https://t.co/2xtLAVPBvm

See below chart. Price is in a strong uptrend, P&F chart would produce a long of column of 'X' with more number of boxes in it.


If such a trend is followed by some time bars without meaningful price correct, P&F chart would not move, and it will remain in column of 'X' in such a scenario.
FINANCE
Bartek Kiepuszewski
Bartek Kiepuszewski
@bkiepuszewski
1/ If, after reading https://t.co/IzzATArtZl you are still confused how Alpha Homora and IronBank were hacked, here's how the hack was conceived

2/ Normally when you borrow funds from AH bank, your debtShare and totalDebt increases. Specifically if you want to borrow x tokens, your debt share will be calculated as:

share = x * totalShare / totalDebt

and it is added to totalShare

3/ All these numbers are very big integers (as token precisions are 18 digits) and the calculation is correct, but when totalShare = 1 (think 1 wei) and x < totalDebt, new debt share will be 0 (integer division)

4/ So if you manage to have AH bank with totalShare = 1, and some totalDebt you can repeatedly borrow less than the totalDebt (ideally totalDebt - 1) effectively doubling totalDebt in each iteration. You can do it as many times as you want, while totalShare will remain 1

5/ Eventually Iron Bank that supplies funds to AH will run out of funds, so when amounts get big enough (you are doubling each time), also make sure to replenish it with flash loan
FINANCE
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

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HORANADU ANNAPOORNESHWARI, CHIKMAGALUR (KAR)
#bharatmandir

Annapoorneshwari is the Devi of nutrition and food. The literal meaning of Annapoorneshwari is “Feeding one and all”. Anyone who comes here is offered meals and shelter within the premises.
@LostTemple7


Maharshi Agastya is believed to have done pratishtha here.

Once, Shiva and Parvati had an argument. Shiva declared everything in the world including food to be Maya or illusion. To prove him wrong, Devi Parvati disappeared resulting in entire Earth becoming still.


Taking pity, Devi appeared as Annapoorna and relieved everyone.
Another belief is that once Shiva beheaded Brahma and his skull got stuck in Shiva’s hand. He was cursed that till the skull is not full of food or grains, it will remain stuck to his hands.


Shiva went everywhere and asked for food but the skull was never full. He finally came here and Maa Annapoorna filled the skull with grains and reversed Shiva’s curse.

It is believed that who ever visits Devi Annapoorna here will never be without food in their lives.
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Krishna and the False Vasudeva
#story

Paundraka Vasudeva was a King mentioned in Bhagavatha Purana. He was friend of Jarasandha, the king of Magadha. He believed that he is Vasudeva Krishna.
Once Paundraka Vasudeva received a letter from Shishupala, stating that he wanted


protection from Krishna, because it was Rukmini's wedding and Shishupala thought Krishna would take away Rukmini.

Paundraka Vasudeva agreed and went to Vidarbha, the Kingdom of Shishupala, but failed to provide protection as Krishna took Rukmini away. Paundraka Vasudeva was


feeling sad. His Minister's cheered him.
They said that Paundraka Vasudeva was the real Vasudeva and Krishna is a cheater. Everyone started to believe this and soon Paundraka Vasudeva soon started to taunt Krishna by saying that Krishna was a cheater.
Paundraka Vasudeva then


challenged Krishna to a war and Krishna said that he would give Paundraka his Chakra and Gadha. Paundraka suspected some foul play and went to King of Kashi for his protection. In battlefield, Krishna came in front of Paundraka, and said that he would throw his Chakra and Gadha


to him. But, Krishna's throw was perfect that the Gadha hurled him to the Ground and the Chakra killed him.
Krishna soon killed king of Kashi with an arrow and his head went flying to Kashi.
Thus Victorious Krishna was recieved by people of Dwaraka.
Hare Krishna 🙏🕉🙏
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dan spaceman
dan spaceman
@ohlaika
I'm gonna do my other star wars thread tomorrow, which will primarily be me yelling at a @RowanKaiser-shaped strawman for calling the First Order and The Resistance "cosplayers who the rest of the galaxy has to deal with"

the deal w/the New Republic, the First Order, and the Resistance is very weird and complex and I actually take issue with how Story Group frames the actual conflict.

pre-TFA stuff is presented as a "cold war" between the New Republic and the remnants of the Empire that form the First Order, which 100% makes sense.

But they frame the First Order's attack on the Hosnian system and the subsequent battle that takes place across TFA and TLJ as a full on war when it's very clearly a coup. A war implies at least equal standing, but the First Order completely wrecks shop and takes over the galaxy.

ok never mind I'm fucking doing this now.

The First Order fleet we see in TLJ is *not* the entire fleet of the First Order (I don't even think Starkiller Base was their main base of operations honestly, it couldn't have been considering they were operating out of Wild Space)
CULTURE
Noah Smith
Noah Smith
@Noahpinion
1/Politics thread time.

To me, the most important aspect of the 2018 midterms wasn't even about partisan control, but about democracy and voting rights. That's the real battle.

2/The good news: It's now an issue that everyone's talking about, and that everyone cares about.

3/More good news: Florida's proposition to give felons voting rights won. But it didn't just win - it won with substantial support from Republican voters.

That suggests there is still SOME grassroots support for democracy that transcends

4/Yet more good news: Michigan made it easier to vote. Again, by plebiscite, showing broad support for voting rights as an

5/OK, now the bad news.

We seem to have accepted electoral dysfunction in Florida as a permanent thing. The 2000 election has never really
POLITICS
History Of Rajputana
History Of Rajputana
@KshatriyaItihas
**Thread on Bravery of Sikhs**
(I am forced to do this due to continuous hounding of Sikh Extremists since yesterday)

Rani Jindan Kaur, wife of Maharaja Ranjit Singh had illegitimate relations with Lal Singh (PM of Ranjit Singh). Along with Lal Singh, she attacked Jammu, burnt - https://t.co/EfjAq59AyI


Hindu villages of Jasrota, caused rebellion in Jammu, attacked Kishtwar.

Ancestors of Raja Ranjit Singh, The Sansi Tribe used to give daughters as concubines to Jahangir.


The Ludhiana Political Agency (Later NW Fronties Prov) was formed by less than 4000 British soldiers who advanced from Delhi and reached Ludhiana, receiving submissions of all sikh chiefs along the way. The submission of the troops of Raja of Lahore (Ranjit Singh) at Ambala.

Dabistan a contemporary book on Sikh History tells us that Guru Hargobind broke Naina devi Idol Same source describes Guru Hargobind serving a eunuch
YarKhan. (ref was proudly shared by a sikh on twitter)
Gobind Singh followed Bahadur Shah to Deccan to fight for him.


In Zafarnama, Guru Gobind Singh states that the reason he was in conflict with the Hill Rajas was that while they were worshiping idols, while he was an idol-breaker.

And idiot Hindus place him along Maharana, Prithviraj and Shivaji as saviours of Dharma.
HISTORY