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Excellent question!

"Risk/reward ratio" is a term used in investing, but it's rarely quantified like one would quantify a debt/assets ratio. Risk/reward ratio is usually used more intuitively.

1/ The “I Have a Dream" speech is one of the most extraordinary speeches in American history. You should read it again. First, a few thoughts about the common American heritage Dr. King relied upon in calling Americans to rededicate themselves to the unfinished work of freedom.

2/ Dr. King delivered his speech in what he called the “hallowed spot” of the Lincoln memorial. More than a picturesque backdrop, King relied on America’s reverence for Lincoln and the common celebration of Lincoln’s words and acts, especially the Emancipation Proclamation.

3/ “Five score years ago…” King echoes the words of the Gettysburg Address. Like Lincoln, King invokes the Declaration of Independence and the fundamental principles of American freedom, “life, liberty and the pursuit of happiness.” Every person in that crowd knew these words.

4/ The Declaration, Constitution and Emancipation Proclamation declared and established the fundamental American principles of freedom that all Americans knew and believed in. But these principles and promises remained unfulfilled for black Americans.

5/ Lincoln’s audience knew the history of slavery and many had suffered personal loss in the ongoing war. Dr. King’s audience knew the history of violent racism, segregation, and unequal economic opportunity. The Proclamation freed the slaves, “but the Negro still is not free.”

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)

*Heads-up that this thread will feature some extreme examples of homophobia and transphobia.*

Hey folks, have you ever wondered why trans people face constant accusations of fetishism, sexual predation and child abuse/grooming? Well, today let's talk about stochastic terrorism.

So, first we have to talk about what stochastic terrorism actually is. Remember when there was a conspiracy that there was a pedophile ring operating out of a pizza parlour basement, and a crazed gunman showed up? It's that sort of incitement that stochastic terrorism describes.

It's the demonisation or incitement against a group of people or individuals with the intent that other, unaffiliated parties will act upon it; it's the releasing doctored footage and a shooter show up at Planned Parenthood as a direct result of what he's been led to believe.

So with that in mind, let's talk about Russia's extreme anti-LGBT laws that banned the "promotion" of LGBT lifestyles to children. A move that specifically marked LGBT people as a threat to children, and resulted in neo-nazis meting out vigilante "justice" against gay men.

Groups such as this would lure unsuspecting gay men via dating sites, and brutalise and humiliate them on camera. They did so under the guise of combating child abusers, one group calling themselves "Occupy

A thank you to Twitter for teaching me a trans man the truth about transgenderism. I’m no longer lost!

A thread for the headships at Twitter:

What transgenderism is and what it is NOT - What I learned as a Twitter 👩‍🎓 graduate thread.

1.Abigail Shrier & JK Rowling are leaders of a world wide cult that believes woman are equal to men and must be stopped @AbigailShrier

2.I am a real man, bio is wrong; I gave birth through my penis hole that I was led to believe by evangelicals was my vaginaWICKED Christians

3.Just because I transitioned doesn’t mean I know more than a 6 year old & I should be ashamed & embarrassed to believe I know more than people or children who have never been through or witnessed or dealt with medical transition

4.Gender Dysphoria is NOT a mental illness & should never be challenged & medical transition should be administered at, “Mom/Dad I feel like a..” IMMEDIATELY NO QUESTIONS ASKED

5.Children know more than adults & understand consequences without having to go through situations, educational purposes, or have a fully developed brain for hindsight - it’s quite amazing.

women of twitter: raise your hand if you’ve ever discovered that a male colleague with the same (or less!) years of experience and same job title as you was actually making more money?

i’ll go first: 🙋🏽‍♀️

i’ll never forget the feelings i experience when i found this out. initially, i felt shock, followed immediately by self-loathing—it seemed like the company had gotten me “on the cheap” and it made me feel incredibly like i had been incredibly stupid to not negotiate for more.

that quickly evolved into rage: how did they think it was okay to meet his negotiation demands when he was hired but not think to look at the other people at the same level and wonder if their compensation should be raised to match his, too?

i had always thought that i had always been an excellent performer at every company and role that i’ve held, so finding this news out felt a bit humiliating; i had to fight feelings of self-doubt and push myself to remember that i am stellar and deserved better—i deserved equity.

this is the moment in my career where i fully realized that i had to be own fiercest advocate. that was the moment that i decided to never assume that the company would see your worth—instead, it was always going to be on me to MAKE them to see it, or to go somewhere that would.