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1/14

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.


2/14

Usually people will use all their knowledge to make guesstimates about an investment like:

- 20% chance to go bust
- 20% chance to break-even
- 40% chance to double
- 10% chance to 4x
- 10% chance to 10x

And then state "for me, this is good from a risk/reward standpoint".

3/14

That last statement will be different for each individual though. For some people the investment laid out above may be great from a risk/reward standpoint, because of the high expected ROI. For others, it may be terrible because of the 20% chance to go bust.

4/14

Investing is much more complex than just making money and maximizing returns, and investment strategies should differ from individual to individual. If this is news to you, I strongly suggest you read through the first section of this blog

5/14

The final section of the same blog post goes into depth on $TSLA call options, and how I go about evaluating them. There is even a subsection called "The Risk Reward of Call Options" that should answer a lot of your questions.
Good questions!

Thread 1/5
RE: Staffing/Fair wages:
I've talked about how this system reflects the trifecta of racism/sexism/ageism: https://t.co/hcjb0fB5xr
*We have a majority older, female resident population cared for my a majority racialized, female workforce.

20 years ago (pre-Harris privatization), nursing homes were staffed primarily by NURSES (hence the name, NURSING HOMES).

Privatization kicks in....and these FP owners need to cut costs to increase their profits. How? STAFFING, TO START.

What unfolded over the last 20 years as Privatization increased was the reversal of the staffing mix from majority nurses to majority PSWs (who are an unregulated workforce comprised primarily of racialized women who are often new to Canada).

This strategy is NOT NEW (its how the 2nd phase of predatory capitalism took hold) by expanding quite literally on the backs of women, often from the Global South whose labour is assumed to be both cheap and disposable (I studied this in my PhD).

And indeed, @Revera_Inc in their recent report defending their COVID performance expressed these same calls for an increased use of a gendered & racialized workforce....seeking to have @fordnation adjust immigration policies as a result
The phrase that popped into my head was: we raised an army to fight nothing


And when I say "we" I mean white Christian patriarchal American culture. The same kind of martial "manhood" culture that Kristen Kobes du Mez talks about in Jesus and John Wayne.

In that book she's talking about the specifically evangelical version of the culture, but one of the things that's happened there, is that mainstream patriarchal culture is often pretty much identical to evangelical patriarchal culture with the serial numbers (slightly) filed off

But that book helped clarify what the leaders of that movement thought they were doing, and they thought they were raising warriors, men who would fight for God and Country (& the honor of pure womanhood) in the coming war.

WHAT coming war? Never mind. THE war. You know.

THE war is against communism, or against terrorists, or against Muslims, or against Foreign Devils of Unspecified Origin.

It's against Urban Violence and Liberal Traitors and Lizard People, the apocalyptic fighting in the street which is surely coming.
New rule: you don't get to ask questions like this without dropping your salary


Look, if you're not working through IT ticket queues or answering pages or shipping apps for free without any health insurance or monetary support, then you're a huge poser and lack real *passion* for tech

You know who works out of passion and not for money? Teachers.

Also, being *passionate* about something doesn't mean you're good at it! And you can be excellent at something while having other interests and motivations.

Because that's really what this is all about. When a tech person asks about passion, they think the amount of passion equals the amount of competence. And *their* passion makes them more competent than other people.

Except that's not true.