BC FINANCE
Saved by @CodyyyGardner

Today's Twitter threads (a Twitter thread).

Inside: Competition is Killing Us; Predatory lender seeks national bank charter; Militarizing cops was a failure; and more!

Archived at: https://t.co/mFat1Fsadn

#Pluralistic

1/

 Competition is Killing Us: Consumer harm considered harmful.

https://t.co/oJTENrDhFD

2/
Predatory lender seeks national bank charter: Oportun led America in suing latinx borrowers during the pandemic.

https://t.co/FPK6NTwFjj

3/
Militarizing cops was a failure: Water still wet.

https://t.co/OACizKzNru

4/
#15yrsago Hollywood’s Canadian MP claims she’s no dirtier than the rest https://t.co/iOEH3n3sON

#15yrsago John McDaid’s brilliant sf story Keyboard Practice free online https://t.co/ciVbtorYiV

5/
#5yrsago Gene Luen Yang’s inaugural speech as National Ambassador for Young People’s Literature https://t.co/mUIAvVHLvy

#1yrago Three years after the W3C approved a DRM standard, it’s no longer possible to make a functional indie browser https://t.co/dG1yBUdU5W

6/
#1yrago A Public Service: a comprehensive, comprehensible guide to leaking documents to journalists and public service groups without getting caught https://t.co/5TqvsyzGSF

7/
Yesterday's threads: Into the breach; Revolutionary Colossus; and more!

https://t.co/u9iFLy7PsK

8/
My latest novel is Attack Surface, a sequel to my bestselling Little Brother books. @washingtonpost called it "a political cyberthriller, vigorous, bold and savvy about the limits of revolution and resistance."

Get signed books from @darkdel: https://t.co/HfWfdx8sIu

9/
I have a (free) new book out! "How to Destroy Surveillance Capitalism" is an anti-monopolist critique of Big Tech that connects the rise of conspiratorial thinking to the rise of tech monopolies and proposes a way to deal with both:

https://t.co/Us0SPxlcmD

10/
My ebooks and audiobooks (from @torbooks, @HoZ_Books, @mcsweeneys, and others) are for sale all over the net, but I sell 'em too, and when you buy 'em from me, I earn twice as much and you get books with no DRM and no license "agreements."

https://t.co/vpGcSZiPZ2

11/
Upcoming appearances:

* What if the future of our public lives online looked like _____? (panel at New_ Public), Jan 13, https://t.co/PoSqIrbIL8

* Keynote for https://t.co/Lr61KpUI3e, Jan 22 (US) 23 (Australia) https://t.co/7dfEFubGFn

12/
Recent appearances:

* Hedging Bets on the Future (Motherboard):
https://t.co/7YeNDAjLfc

* Applying the Pandemic Mindset to Climate Change:
https://t.co/syTXEF1gFz

* 2020 Beaverbrook Lectures:
https://t.co/SGDUBRVAC1

* Bibliotherapy/Shelf Healing:
https://t.co/nPJvYlpa9S

13/
My first picture book is out! It's called Poesy the Monster Slayer and it's an epic tale of bedtime-refusal, toy-hacking and monster-hunting, illustrated by Matt Rockefeller. It's the monster book I dreamt of reading to my own daughter.

https://t.co/yQLVua4WkB

14/
You can also follow these posts as a daily blog at https://t.co/iSBh8s9m7q: no ads, trackers, or data-collection!

Here's today's edition: https://t.co/mFat1Fsadn

15/
If you prefer a newsletter, subscribe to the plura-list, which is also ad- and tracker-free, and is utterly unadorned save a single daily emoji. Today's is "💅🏾". Suggestions solicited for future emojis!

Subscribe here: https://t.co/TwPzz87nAw

16/
Are you trying to wean yourself off Big Tech? Follow these threads on the #fediverse at //twitter.com/[email protected]." target="_blank">@[email protected].

Here's today's edition: https://t.co/sSevHyx4JG

17/
Today's top sources: Boing Boing (https://t.co/TrJ3nmo0o2).

eof/

More from Cory Doctorow #BLM

Cory Doctorow #BLM
Cory Doctorow #BLM
@doctorow
The Night of the Short Fingers saw many of the US's largest tech companies blocking Trump and trumpist platforms like Parler, provoking a storm of punditry about What It All Means for the tech companies to have taken this content moderation step.

1/


The best expert I know on the subject is @jilliancyork, my @eff colleague. She's published "an ongoing list" of "everything pundits are getting wrong about this current moment in content moderation."

You should read it.

Here's some highlights:

“Deplatforming Trump sets a precedent."

York: "The only 'precedent' set here is that this is indeed the first time a sitting US president has been deplatformed by a tech company."

3/

But political leaders around the world have already received this treatment: Lebanon, Burma, etc. Even the reach of the deplatforming is nothing new: last summer's US Iran ban saw blocks of everything, up to and including Etsy listings for "Persian dolls."

4/
HISTORY
Cory Doctorow #BLM
Cory Doctorow #BLM
@doctorow
The Democrats are at least two parties. The progressive wing of the party (which is by no means unified) and the finance wing of the party, which is also the party leadership.

1/

During the leadership race, the progressive wing was represented by @SenSanders and @SenWarren; the former wants to minimize the role of markets in our lives, the latter wants to redeem markets by regulating them. It's a distinction with a difference, but I donated to both.

2/

Both wings of the party have prominent representatives in Congress; Sandersism are most visibly associated with @AOC (whom I donated to) and Warrenism is embodied by @RepKatiePorter (likewise), who was also one of Warren's law school proteges.

3/

Porter is a force of nature. She is infamous - and celebrated - for her brutal, no-holds-barred questioning of both corporate and administration witnesses, using a white-board to pin them down and eviscerating any attempts at bullshittery.

4/

This isn't just about getting facts into the record (though, she is SO GOOD at getting facts into the record!), it's also about effecting change, like when she single-handedly cornered the CDC's chief into guaranteeing universal, free covid
POLITICS
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Cory Doctorow #BLM
Cory Doctorow #BLM
@doctorow
If you think "It's not censorship unless the government does it," I want to change your mind.

It's absolutely true that the First Amendment only prohibits government action to suppress speech based on its content, but the First Amendment is not the last word on censorship.

1/


Here are some kinds of private speech-suppression that I think most of us can agree are censorship: when the John Birch Society burned mountains of rock records and novels - or when Tipper Gore's PMRC pressured record stores to drop punk, metal and rap albums.

2/


Or the Comics Code Authority, which signed up all comics publishers and retailers to block comics if they contained anything unfit for small children, which stunted American comics for generations while their European counterparts created entire sophisticated genres.

3/


Or MPAA ratings, in which a secret group of censors (falsely described as frequently rotated, randomly selected parents - really they're long-serving studio insiders) decides whether movies get NC-17 ratings and thus be blocked from nearly every screen in the country.

4/


(You can learn more about this from Kirby Dick's unmissable doc, "This Film Is Not Yet Rated," which documents both how the MPAA misleads the public about ratings, and uses them to block LGBTQ
HISTORY
Cory Doctorow #BLM
Cory Doctorow #BLM
@doctorow
Today's Twitter threads (a Twitter thread).

Inside: Dependency Confusion; Adam Curtis on criti-hype; Catalytic converter theft; Apple puts North Dakota on blast; and more!

Archived at: https://t.co/Osts9lAjPo

#Pluralistic

1/


This weekend, I'll be participating in Boskone 58, Boston's annual sf convention, where I'm doing panels and a reading.

https://t.co/2LfFssVcZQ

2/


Dependency Confusion: A completely wild supply-chain hack.

https://t.co/TDRNHUX0Ug

3/


Adam Curtis on criti-hype: Big Tech as an epiphenomenon of sociopathic mediocrity, not supergenius.

https://t.co/MYmHOosTk3

4/


Catalytic converter theft: Rhodium at $21,900/oz.

https://t.co/SDMAXrQwdd

5/
TWITTER
Cory Doctorow #BLM
Cory Doctorow #BLM
@doctorow
Republican North Dakota legislators have introduced #SB2333, a bill that prohibits large tech companies from locking their users into a single app store or payment processor.

https://t.co/PgyhgOhFAl

1/


While his has implications for Android and other large tech platforms, its most immediate and far-reaching effects with be on Apple, whose Ios platform uses lock-in to monopolize both apps and payments (and another domain, not mentioned in the bill: repairs).

2/

Predictably, this has thrown Apple into a fury, with Apple's privacy chief @erikn telling the SD legislature that Apple uses its monopoly over the app store to protect its users' privacy and

Neuenschwander makes a good, but incomplete, point. To the extent that Apple has the same interests as its users, it uses its app store monopoly to lock out bad apps (to the best of its ability).

4/

But when Apple's interests diverge from its users' interests, the prohibition on sideloading apps actively harms those users' privacy and security. Think of how Apple caved to Chinese state demands to remove working VPNs from the Ios app store to facilitate mass surveillance.

5/
BUSINESS

More from Finance

Shuchi Nahar
Shuchi Nahar
@shuchi_nahar
To understand Financial Shenanigans & detect accounting manipulations from Annual Reports with checklist
In detail and lucid terms

Financial Shenanigans
(Part-1)
https://t.co/wa6HSElug0

(Part-2)
https://t.co/Vrva17GvgP

(Part-3)
https://t.co/XuziOCDHL2

@dmuthuk @ms89_meet
FINANCE , ACCOUNTING AMP FINANCIAL STATEMENTS
Kostas \U0001f468\u200d\U0001f4bc \U0001f4c8 \U0001f4b8
Kostas 👨‍💼 📈 💸...
@itsKostasWithK
This year I started writing daily on Twitter about finance and investing and gained more than 500 followers in 2 weeks

Here are the main things I learned on Twitter growth

1. Brand
2. Content
3. Engagement
4. Networking
5. Tools

/THREAD/

1. Brand
You need to find a niche you are interested in and focus on it
E.g. finance, fashion, travel, etc.

Adjust your profile by adding a profile picture and banner that will show someone what your profile is about and why they should follow you.

Add a linktree that will have all the links for your blog, website, newsletter, etc.

2. Content
Don't wait to gain followers before posting. Nobody will follow you if they see an empty feed.

Start posting daily focusing more on single tweets or threads that provide insights on a topic people in your niche might be interested in.

At first, it will feel like talking to a mirror.

Have a pinned tweet, which will be your best one that will catch the attention of someone visiting your profile.
FINANCE
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10-K Diver
10-K Diver
@10kdiver
1/

Get a cup of coffee.

In this thread, we'll cover *State Quantities* and *Flow Quantities*.

This mental model can help us analyze many different entities -- from complex engineering systems to publicly traded companies.


2/

A "State Quantity" is something that's associated with a *specific point in time*.

For example, the number of followers a Twitter account has is a state quantity. This number can go up and down over time. But at any one *specific* time point, it's fixed.

3/

Similarly, the amount of cash a company has is a state quantity.

This cash balance can also rise and fall over time.

But pick any one *specific* time point -- and the company can only have one *specific* cash balance at that time point.

4/

By contrast, a "Flow Quantity" is something that's associated with a time *interval* rather than a time *point*.

For example, the number of followers gained by a Twitter account is a flow quantity. It's meaningful only when we specify a time interval (eg, the last 30 days).

5/

A simple analogy is that a State Quantity is like a photo -- a snapshot at a particular *point* in time.

But a Flow Quantity is like a video -- a record of events that take place during a particular time *interval*.
SCIENCE , FINANCE
Subhadip Nandy
Subhadip Nandy
@SubhadipNandy16
Rule 4 : If buying a naked option, always ensure that implied volatility is low. This can be understood from the level of IV vis a vis historical IV levels. Use IVR or IVP etc.
For a naked option to make money, it's better if IV rises or at least stays flat.


This is a thread I wrote on IV, IVR etc
FINANCE
Thomas Chua
Thomas Chua
@SteadyCompound
Marathon Asset produced several iconic investors such as Nick Sleep and Jeremy Hosking.

Their letters from 2002 to 2015 provided a treasure trove of insights into their investment frameworks and how they look at the capital cycle.

Here are my main takeaways:


1/ Periods of high profitability leads to reckless investments.

When profits are high:

-Boost CAPEX with little regard for ROIC
-Competitors will follow suit to avoid losing market share
-CEO's incentives aren't aligned with shareholders

It's a race to the bottom.


2/ The capital cycle will swing down when investments are taken too far.

Forecasts that were reasonable will now look overly optimistic.

Profits collapse, management teams are changed, CAPEX is cut, and consolidation begins.

This will pave way for a recovery of profits.


3/ Asset growth matters

Consider both asset growth at the company and industry level.

Avoid industries where assets are growing rapidly.


4/ We tend to extrapolate

When overdone, investments that appear logical at first can become disastrous.

We have a tendency to forecast linearly when many things are cyclical.

Examples: trade cycles, credit cycles, etc
BOOKS , FINANCE

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JayneshKasliwal
JayneshKasliwal
@JayneshKasliwal
ULTIMATE GUIDE TO 21 and 200 Moving Average
SUNDAY THREAD 🔖
A trend Following System That will Help You Improve Trading immensely.

RETWEET AND SHARE 🔄
@kuttrapali26 @AmitabhJha3
#stocks #StockMarket
1/n

Moving averages
EMA and SMA
1. Exponential Moving Average (EMA) is similar to Simple Moving Average (SMA), measuring trend direction over a period of time.
2. However, whereas SMA simply calculates an average of price data, EMA applies more weight to data that is more current
2/


21 EMA : SHORT TERM TREND
1. Calculates the Average Price of past 21 days
2. A stock above 21 ema is in strong momentum , which will give pullbacks to 21 ema again and again.
3. Stock above 21 ema should never be shorted so as to stay with the trend
3/n

3. A stock which moves 10-15% above 21 ema will be too extended and hence will generally pullback
Stocks take dynamic support on 21 ema
4. You can Short only if its too extended like 15 to 20% from 21 ema ( Not advised )
#ADANIPOWER:
#pnbhousing
4/n


1. Whenever 21 ema is sloping upwards its called uptrend
2. Whenever 21 ema is sloping downwards its called dowtrend
3. Whenever 21 ema is sideways its called consolidation
⏫Buy in uptrend
⏬Sell in downtrend
Examples:
5/n
MOVINGAVERAGES , MOVING AVERAGE 20021 , ALL
Noah Smith
Noah Smith
@Noahpinion
Remember: Just because an idea is old doesn't mean it's good.

Knowing whether old ideas are more likely to be good requires understanding whether conditions have changed in important ways.

Horse archery was an amazing method of warfare for over a thousand years...then people invented guns, and suddenly this great idea that had stood the test of time became obsolete.

Then again, when underlying conditions don't change much, tried-and-true approaches are probably better.

"Learning the lessons of history" usually just means assuming ergodicity and stationarity in an informal time-series model...

(end)
SOCIETY
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#OurFavOnlineDoc \U0001fa7a\U0001f1f3\U0001f1ec\U0001f1ec\U0001f1e7\U0001f48e
#OurFavOnlineDoc 🩺🇳🇬🇬🇧...
@DrOlufunmilayo
HELLO: If you pee and every time you finish, your urine looks like this picture, you may have a serious medical illness.

Foamy urine especially if it is persistent and noticeable over time may mean you have a serious kidney problem.

Let’s talk about this today...
RT for others.


What are the features of a normal urine?

A normal urine should have a light yellow colour, painless, odourless (or faint smell), steady stream and should ideally not foam when you pee.

When there’s something wrong, then you see changes in all the above normal features of urine.

For instance if urine becomes very deep yellow, it may mean you are dehydrated;

If urine becomes painful or smells really really bad, it may mean you have an infection;

If urine has a poor stream, especially in a man, it may mean a prostate problem like cancer.

Do you get me?

So today let’s talk about Foamy Urine.

What are the things that can cause urine to suddenly be foamy. As I said in the first tweet, it MAY mean a serious medical illness like a serious kidney problem.

First things first- it does NOT always mean a problem but it may as well.

Now what are the causes of Foamy Urine:

1. SPEED-
If you pee really fast or with a lot of force, it may make your urine more foamy than usual. The speed and force makes the urine generate a lot of bubbles which tend to almost quickly disappear as it is formed in the toilet bowl.
HEALTH
Kate Julian
Kate Julian
@katejulian
1/ Something strange is happening with people’s sex lives. 20-somethings are having sex later and less frequently than previous generations. I spent several months digging into this for @theatlantic. https://t.co/5ehzmWY9wi


2/ This phenomenon—I’m calling it a Sex Recession—really surprised me. It seemed improbable in the age of Tinder, digital porn, and attitudes that are generally permissive and sex-positive.

3/ What’s happening isn’t exclusively American: Similar trends are being observed in other countries, including Japan, Australia, the U.K., Finland, and the Netherlands.


4/ One cause is obvious: Adults under 35 are less likely to be living with a partner than in recent decades, and more likely to be living with their parents—which, it’s safe to say, isn’t great for one’s sex life.

5/ But I also found other explanations, each with profound implications. The first, unsurprisingly, has to do with internet enticements. Netflix and other online entertainment may be substituting for sex.
SOCIETY
Michael King \U0001f1fa\U0001f1f8
Michael King 🇺🇸...
@8MichaelKing
Ever notice how the top niches are centered around health, wealth, and relationships?

There's a deep-rooted psychological (and biological) reason why.

And today, I'm gonna to explain all of it so you can start profiting off of this knowledge 💰💰

*Now, this thread is going to be long and in depth. Make sure to favorite the top tweet now so you can come back to it later.

So. Down to the very core of every living being (humans, dolphins, bacteria, aliens), there are only two drivers:
1. To survive
2. To reproduce

Right off the bat, we know that sex is a primary driver to human behavior.

This would also mean that each gender has its own insecurities regarding sex.

Men have a subconscious fear that their woman will leave them for someone more successful

Women have a fear that their man will leave them for someone younger & better-looking

We can conclude that men are attracted to looks, and women are attracted to status.

This is human nature down to its very core.

Crazy, blue-haired feminists will try to argue and say otherwise.

But, 50 years of feminism DOES NOT OVERRIDE millions of years of evolutionary biology.

Here's a quick visualization exercise so you can see how true all this is...
STARTUPS