BC FINANCE

Saved by @CodyyyGardner

RealRLD
@rld_real_CPR 5 years, 5 months ago 592 views

Save to PDF Share See On Twitter

Financial Crisis (1667) avoided by Charles II, via London Goldsmiths' Loans https://t.co/UxtABIpH2n via @old_currency_ex

Coining and Debasement in Henry's Reign https://t.co/bGitKkj7wl via @wordpressdotcom

When Henry VIII and Francis I Spent $19 Million on an 18-Day Party https://t.co/o1dfDKAVQ1

England's Unwanted Reformation https://t.co/n1a0u1DzNB via @YouTube

Unusual Historicals: Money Matters: The Country Without a Currency https://t.co/gGGHOFG9rk

MANASSEH BEN ISRAEL - https://t.co/9ExP1vaOAT https://t.co/pskCve5Mh1 via @JewEncyclopedia

https://t.co/xT4QwSMa8l This article is a good Timeline, the anti semitic spin is easily debunked, See Jean Lo (John Law )

https://t.co/E8etNOpZSW
John Law (baptised 21 April 1671 – 21 March 1729) was a Scottish economist who distinguished money, a means of exchange, from national wealth dependent on trade.

https://t.co/ITuneMynGQ
#OldCopperNose

https://t.co/0hSIUYWSEu

https://t.co/AEmjWcPTa5

https://t.co/ch1mbuArNO

Difference Between Lutheranism and Calvinism https://t.co/nRUiYDdivZ

https://t.co/awgBtZed0M #RePEc via @stlouisfed

https://t.co/ZEdRINd1hx

https://t.co/XUPxu8bPF2
Following Peace of Augsburg, official religion of a territory was determined by "cuius regio, eius religio" The Peace of Westphalia abrogated that principle religion was to be what it had been on 1 January 1624, considered a "normal year".
#NewNormal

https://t.co/5sjhykKBZi

https://t.co/LmEea7W3hr

https://t.co/aTle2pqm2X

https://t.co/1oOFCTvPr3

https://t.co/vagbiJqHjk

https://t.co/2rdQwNxLvq

Does Liberalism Have Its Roots in the Illiberal Upheavals of the English Reformation? via @thenation https://t.co/F2ssD57HaN

https://t.co/ArTiY5pP0T

https://t.co/KV9pJYHI2H

https://t.co/9NlEjzhntZ

https://t.co/k2xDfyOtYM

https://t.co/98byWEYCpN

https://t.co/7RfCV8M4Yj

@threadreaderapp unroll

More from RealRLD

RealRLD
@rld_real_CPR

@jbhearn @scientificecon @JoeBlob20 @financialeyes @Lloyd__Evans @wiki_ballot @GrubStreetJorno
#CovidStroika #CovidPurpose #GreatReset #GFC11
https://t.co/gUb9OX7AdL https://t.co/qqXCutbKK1

https://t.co/3D4TpmeXZr #CovidStroika @jbhearn @scientificecon @JoeBlob20 @financialeyes @Lloyd__Evans @wiki_ballot @GrubStreetJorno

Night has fallen only for those who have let themselves fall into the night. For
those who are living, [says Heraclitus], "helios neos eph’hemerei estin"– the sun is
new each day.

"in effect, all business sagacity reduces itself in the last analysis to judicious use of sabotage."
Veblen (1917) An Inquiry .. Nature of Peace, &.. Perpetuation, p. 168
#CovidStroika @jbhearn @scientificecon @JoeBlob20 @financialeyes @Lloyd__Evans @wiki_ballot @GrubStreetJorno

https://t.co/OtstKx9heK #CovidStroika
@jbhearn @scientificecon @JoeBlob20 @financialeyes @Lloyd__Evans @wiki_ballot @GrubStreetJorno JOURNAL OF INTEGRAL THEORY AND PRACTICE. NOTES FOR CONTEXTUAL SEARCH ENGINE OFFERING INTEGRAL FRAMEWORK PERSPECTIVES. GRUB STREET JOURNAL NOTE 1.

RealRLD
@rld_real_CPR

https://t.co/tGxQi7Rb8z
ONE FLU OVER THE CUCKOOS NEST. BORIS AND MATTS’ ECONOMY WITH THE ACTUALITE. NHS SPIN RUNNING ON LEAN #COVIDSTROIKA #WHATHAPPENEDTOFLU WHERE DID ALL THE BEDS GO? #EUROMOMO

Advertisement

RealRLD
@rld_real_CPR

Thread by @rld_real_CPR: @ClarkeMicah @TracyICQ https://t.co/iTU0x6del8… Peter, Mr Hitchens, Sir. Words cannot express the comfort a voice of sanity in this cacophony of bile is. Your voice is a blessing to...…

RealRLD
@rld_real_CPR

#PeakBlogging2011 ) years ago and this Groundhog post from @DavidGolemXIV @scientificecon @jbhearn @DavidGolemXIV @financialeyes @JoeBlob20 @wiki_ballot @GrubStreetJorno @Pathos14658352 @Lloyd__Evans There is no #CovidCrisis #ClimateCrisis
#GFCPt2
https://t.co/QGutbtW0Ev https://t.co/AwvmN9AWqu

https://t.co/XBaqI4O7X8 @RNW_MITCHELL

Are you all ready for the Final Chapter - The Ending ? https://t.co/uF5HXRMPQp
— NEIL MITCHELL (@RNW_MITCHELL) December 22, 2020

RBS: The Hillsborough of British Business

https://t.co/9F89jQDZV6 #SpankTheBanker

https://t.co/bOAwzaKCEM

RealRLD
@rld_real_CPR

Money creation in the modern economy - Quarterly Bulletin article https://t.co/KAuBH9QlSE via @YouTube

https://t.co/EztDhGXgMn

https://t.co/DuVyHitbv0

https://t.co/nlByxLP00C

https://t.co/iiLdy5L9qB

More from Finance

Roger C. Schonfeld
@rschon

Wiley buys Hindawi -- a $298 million acquisition for GBP 25 million in annual APC revenues -- in bid to expand open-access platforms @pbasken

I'm really fascinated by several things about this acquisition. 1. One could posit that APC business models in structural decline as they are replaced by transformative agreements. Will Hindawi titles be folded into Wiley TA's or offered as a separate "pure publish" model?

2. Seems that there is little concern about geopolitical risk: "Wiley…saw value in Hindawi’s strong position in Asia, the world’s largest and fastest growing academic publishing market…“Hindawi’s significant footprint in in China is a major benefit from that perspective”"

3. It seems some in the academic community continue to be "alarmed" when, after taking advantage of private capital to fund commercial start-ups for open access services (bepress; SSRN; now Hindawi), that capital looks to sell in search of returns. As if this is a surprise!

4. Most interesting will be to see how this expansion of Wiley's OA portfolio and platforms/workflows/services can connect with its important businesses in support of society publishing.

Intrinsic Compounding
@soicfinance

@nivin27 Kenneth Andrade & all his interviews ever

Advertisement

$Trung Phan \U0001f1e8\U0001f1e6$

Trung Phan 🇨🇦...
@TrungTPhan

The most memorable interview I did this year was w/ Stanley Druckenmiller, who famously made $1B shorting the British Pound.

The trading legend's track record includes a 30-year stretch returning 30%+ a year (without a single down year).

Here are 8 investing lessons🧵

1/ Make concentrated bets in high conviction plays

2/ Concentrated bets can sometimes *reduce* risk

3/ Use a multi-disciplinary approach to investing

4/ Know when to sell (he never uses a stop loss)

$Trung Phan \U0001f1e8\U0001f1e6$

Trung Phan 🇨🇦...
@TrungTPhan

Our intuitions often leads us astray. A good reminder: study counterintuitive math and economic results.

Here are 9 of them 🧵

The Birthday Paradox

In a room of 23 people, there's a >50% chance that 2 people share the same birthday.

This type of probabilistic thinking does *not* come naturally to many people.

The Coastline Paradox

Fractal geometry is also confounding:

The coastline of a landmass does not have a well-defined measurement. As the unit of measurement gets smaller (eg. from KMs to cm), the length increases without limit.

Winner's Curse

In an auction, the winning bid will usually exceed the intrinsic worth of an item leading to a significant overpay (and negative net profit for the winner).

Braess's Paradox

Removing an extra road can make everyone's commute time faster.

Why? The existence of a "fast" road leads to congestion because everyone uses it. If you remove the shortcut, traffic flows better.

Subhadip Nandy
@SubhadipNandy16

The most common problem faced by day-traders and it's easy solution which is extremely difficult to implement.
A thread.
( uses concepts I have discussed many times before in separate threads)

Problem : I have a good system, I understand charts and/or price action, but I simply can't make money. I hold my losses too long or ( this is most common) I get out of profitable positions too fast and cannot sit for the whole move

At many firms at NASDAQ, day-traders are seen as elite sportspersons playing in a difficult taxing game. That's why, they have regular sessions with sports psychologists. They are advised to follow the basic routine of sportspersons.
Train ---- Play tournaments --- Rest

The cycle repeats

We retail day-traders here neither rest nor train.

Rest = taking time off markets
Train = trading in markets in training mode

Understanding REST is easy, simply take time off markets and spend time with family or do something you love

You May Also Like

George Mack
@george__mack

THREAD: 15 of the most useful razors and rules I've found.

Rules of thumb that simplify decisions.

Bezos' Razors:

• If unsure what action to take, let your 80-year-old self make it.

• If unsure who to work with, pick the person that has the best chances of breaking you out of a 3rd world prison.

Skinner's Law:

• If procrastinating on an item, you only have 2 options:

1. Make the pain of not doing it greater than the pain of doing it.

2. Make the pleasure of doing it greater than the pleasure of not doing it.

Luck Razor:

• If stuck with 2 equal options, pick the one that feels like it will produce the most luck later down the line.

I used this razor to go for drinks with a stranger rather than watch Netflix.

In hindsight, it was the highest ROI decision I've ever made.

Bragging Razor:

• If someone brags about their success or happiness, assume it’s half what they claim.

• If someone downplays their success or happiness, assume it’s double what they claim.

The map is not the terrain.

Kirsti Miller
@KirstiMiller30

@FionaPearman @ScottMorrisonMP Morrison is our statue of unempathic neoliberalism - erected by evangelical and corporate Australia to celebrate their victory over compassion, equality and secular humanism.

Hopefully it gets pulled down like the statues of dubious heroes of oppression from an earlier age.

@ScottMorrisonMP The two-party-preferred system in
Australia politics isn’t working for people, and it sure isn’t working for the planet.

@ScottMorrisonMP My collapse of faith in our democracies isn’t an accident. It’s one of the central victories of the neoliberal project, delivered through two generations of privatisation, outsourcing and deregulation, underfunding of government services (locked in by tax cuts),...

@ScottMorrisonMP restricting freedom of information, targeting whistleblowers and raiding the media who report on them, delegitimising and gagging public interest advocacy, and criminalising protest.

@ScottMorrisonMP Politics in Australia today relies hugely on the fact that most people don’t know most of what’s going on so as to get away with stuff that couldn’t be done under real scrutiny we have seen a clear example of this with the National Coronvirus Cabinet.

Advertisement

Suhail
@Suhail

1/ The first 18 months of starting a company is often life or death. I must've made 5 different companies that each failed within 9 mo. 😭 Each time the company failed I figured out what I could do better. Eventually startup #6 got to $40K/mo by month 18. Here’s what I learned...

2/ Stay focused! Ignore things that are a waste of time: meetups & conferences, meetings with no clear agenda, fundraising if you're not fundraising, reading lots of tech media articles, etc. Every week should feel like significant progress in the first year.

3/ Your first 5 hires will be the difference between life or death. Choose carefully. Be picky. Many of the things we do at the company still are a result of those early hires' legacy. Have fun as a tight knit team. It will change & evolve as you get bigger so enjoy this moment.

4/ Growth may be flat for the first 9 months. It's gonna be okay. Almost every company has experienced this: Airbnb had to sell cereal in-between, Slack failed as a gaming company first, Tesla sold only 147 cars after 6 years! You probably won't be an overnight success either.

5/ In the beginning, do customer support yourself. You will learn a lot about why your product sucks. I did 5,000+ support tickets when it was the two of us. Delight customers & fix things fast while you learn. It will help you build an amazing intuition about your customers.

STEALTH JEFF
@drawandstrike

Here is Editor-in-Chief of the @EpochTimes, @JasperFakkert's response to the slanted hit piece that @Buzzfeed's @HayesBrown put up 2 days ago:

Brown's article at Buzzfeed starts off pretending it's some kind of really off-the-wall notion that Hillary Clinton paid for the creation of the Steele Dossier that was then used to justify the FBI's spying on the Trump campaign & transition team.

After that awful start, he swerves to making accusations that the Epoch Times is connected to the 'cult' Falon Gong.

You can read the article here:

Brown insinuates with no real evidence whatsoever that the Epoch Times is 'Falon Gong-linked'.

The 'evidence' he supplies in his article to 'prove' @EpochTimes is 'Falon Gong-linked is this:

1) the Epoch Times' extensive *news coverage* of China's attempts to wipe out Falon Gong with intense persecution directed at the group since 1999.

2) a reporter *shouting a question in 2006* at then-President George W. Bush about China's persecution of Falon Gong members.

$Anu Satheesh \U0001f1ee\U0001f1f3$

Anu Satheesh 🇮🇳...
@AnuSatheesh5

Thiruvizha Mahadeva Kshetram
#Alappuzha
#Keralatemples 🚩

Thiruvizha Mahadeva Kshetram is located in Cherthala and it is believed that Prathishta of temple was done by Vilwamangalam Swamy. Paramashiva is Swayambhu here and is worshipped as Kalakandha which means who swallowed

Halahala visham to save the world during Samudra mathanam.

It is a famous temple where people seek the blessings, for curing the Kaivisham. The poison given by someone to destroy a person is made to vomit here. This is removed by making them vomit the poison by a special

medicine.
The medicine for vomiting is made from a plant near temple by Palodathu family. The milk offered to Bhagwan is mixed with the extracts of the plant.

Story says that once this place was a dense forest, and a woman was looking for the presence of a tortoise in the pond

and the tip of her stick hit the bottom and it started bleeding in the pond.
Frightened, the lady informed every one and after searching in pond people found Swayambhu Lingam inside the pond. Thus Prathishta was done here.

Om Namah Shivaye
Shambo Mahadeva
🙏🕉🙏