Yes, we have been more divided than we are now. Within living memory.

Labor disputes used to kill hundreds of people! https://t.co/TIb7t5u9Ti
In 1932 Douglas MacArthur called in tanks on protesting veterans, injuring over a thousand people!

https://t.co/6ddga2YNDD
In 1967 there were 159 race riots in cities across America!
https://t.co/wVTzq1XdSS
In 1921, rioters used airplanes to bomb black businesses in Tulsa, Oklahoma! Hundreds were killed in the riot!

https://t.co/UwilQr8XVr
In the 70s, two different people tried to assassinate President Gerald Ford!
https://t.co/mtJdbByvsI
In 1919, anarchists sent 36 mail bombs to prominent U.S. business and government leaders!
https://t.co/kjczlNN26D
Some business leaders plotted a coup to overthrow Franklin D. Roosevelt and replace him with a fascist government! https://t.co/J6PVYfyCDE
The 70s had so much domestic terrorism that it became routine! https://t.co/l3OM3ZZIhn
In the 1900s and 1910s there were massive numbers of lynchings!
In America, division and violence have been the historical norm.

Right now, for all the online vitriol, the worst we've seen in terms of actual violence were Charlottesville and the Alexandria shooter.
Some people say social media has made us more divided. Maybe it has. Or maybe it's just given us a non-destructive way to voice our grievances, hatreds, and crazy ideas, without burning buildings or setting off bombs.

(end)

More from Noah Smith

Bloomberg Ideas conference now starting! I will be live-tweeting it. You can watch on our Facebook or Twitter pages (links below)!


Our first panel is about cryptocurrency! We have @matt_levine, @tylercowen, @eiaine, @nirkaissar, and Camilla

Ou: Crypto will be useful for the unbanked.

Cowen: Crypto has to compete against a bunch of other emerging payments technologies. Bitcoin is too inflexible.

Cowen: I'll bet on the payments companies over crypto.
1/Lots of tech companies and workers are making noises about leaving San Francisco, LA, NYC, and other "superstar" cities.

Some are predicting a shift to remote work and distributed companies.

Let's take a hard look at what that would actually

2/We're all familiar with the trend of tech companies and other knowledge industries (finance, biotech, etc.) piling into a few tech hubs, raising rents and house prices.

Now some think the advent of Zoom, Slack, etc. might reverse this trend.

https://t.co/nQVCJrKvrB


3/But escaping the superstar cities is going to be tough.

The forces keeping tech companies in places like SF are so strong that these regions have essentially become prisons for these companies.


4/In order to escape the prison of the superstar cities, tech companies and other knowledge industries will have to overcome the Four Jailers of Industrial Clustering:

1. In-person office productivity

2. Thick market effects

3. Knowledge spillovers

4. City life amenities

5/I'm actually pretty optimistic that companies can find ways to make remote work productive.

Studies show that working from home *some* of the time actually tends to raise

More from All

MASTER THREAD on Short Strangles.

Curated the best tweets from the best traders who are exceptional at managing strangles.

• Positional Strangles
• Intraday Strangles
• Position Sizing
• How to do Adjustments
• Plenty of Examples
• When to avoid
• Exit Criteria

How to sell Strangles in weekly expiry as explained by boss himself. @Mitesh_Engr

• When to sell
• How to do Adjustments
• Exit


Beautiful explanation on positional option selling by @Mitesh_Engr
Sir on how to sell low premium strangles yourself without paying anyone. This is a free mini course in


1st Live example of managing a strangle by Mitesh Sir. @Mitesh_Engr

• Sold Strangles 20% cap used
• Added 20% cap more when in profit
• Booked profitable leg and rolled up
• Kept rolling up profitable leg
• Booked loss in calls
• Sold only


2nd example by @Mitesh_Engr Sir on converting a directional trade into strangles. Option Sellers can use this for consistent profit.

• Identified a reversal and sold puts

• Puts decayed a lot

• When achieved 2% profit through puts then sold

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