When people asked to reallocate funds from Police in Hamilton in June 2020, this happened. My view, the issue of resisting changes to police budget is far more systemic than people think. They invested in fighting it. @samnabi @ReallocateW @OfAcb @570NEWS

The public supports less policing and prisons but Harper invested in social discord.

Policing, Prison and construction were linked under the Harper Government.

Richard Bird was VP of Enbridge and he also served as a member of the Canada's Federal Minister of Finance's Advisory Committee on Financing and currently serves as chairman of the board of directors of the Alberta Investment Management

Richard Bird, a former VP of Enbridge is linked to Ecopatrol, missing money and a massive sex scandal in Colombia and Prison Schemes with bid rigging, corruption and collusion.

There was bid rigging corruption and collusion during Prime Minister Harper's term as they invested in private prisons across Canada. Read here. This mentions Bird Construction Inc. Richard Bird was VP of Enbridge Pipeline Inc.

@ChiefSAugustine You want to know why Germans liked the Indigenous people so much? My family were Habsburgs married with the lines of Membertou. Charles V was the king of Germany. We had trade with Europe since 1550's at least.

Our Mi'kmaw baskets were in Antwerp in use along with hockey sticks and snow shoes. We had voyage along the path of cod because it prevented scurvy. Our dwellings were of Denmark. Our Walnut trees too. The history is with me brother.

This photo is Avalin Gallien, Medard Lanteigne and my dad Adelbert Lanteigne (no hat) Medard was his cousin. Bottom row left to right, Nellie Lanteigne (Medard's sister) Carmen Gallien (Avalin's sister) and Vencia Lanteigne. The clothing handed down generations.

The Lavvu shelter is of the Sami people. The same look as Mi'kmaw shelter. We shared textiles and goods and many things, even spices because we were internationally connected by trade for centuries. We had the whole world in our area because the jet streams & cod.

The Habsburgs are the Royal line of the Holy Roman Empire. The lines run through the mothers. It always did in our kin. Canada targeted First Nations women with blood quantum and with rapes, trafficking with welfare, jails, making us wards with military etc. I lived it.

Canadian media has acted like the messenger for the devil's architects. Conservative supporters bought out the Toronto Star and Post Media"s foreign owned hedge fund are calling the shots.

Post Media in Canada represents a foreign ownership of the free press that would not be tolerated in the U.S., France, Japan or Germany.

As for Leon Cooperman, who owned 14% of Postmedia and 7% AMI, the SEC leveled insider trading charges against him for trades he directed in a small pipeline stock. Cooperman settled by paying $4.9 million, but neither admitted nor denied the accusations.

Postmedia's Deep Ties with American Media Inc.

In November 2019, Postmedia announced that 66% of its shares were now owned by Chatham Asset Management, an American media conglomerate which owns American Media, Inc., and is known for its close ties to the Republican party.

Newbie traders after learning F&O, look for paper trading platforms to practise. It's like the itch to swim after you learn swimming but end up in a baby pool. Experience of an adult pool vs a baby pool is different, likewise with the real markets & paper trading 🧵 (1/11)

Agreed, without experience, loading your trading account to the tilt and trading can be disastrous 🌋, but that does not mean you will have to paper trade forever. No matter how much you paper trade, you will never get the experience of trading (2/11)

When I talk about trading, I’m not just talking about experiencing the P&L rush. IMHO, experiencing the P&L and how it can vary in real-time is the last thing. There are multiple other things that you need to get comfortable with before diving into full-fledged trading 🏊‍♂️(3/11)

Stuff like placing limit/market order, GTT, AMO. Practising how SL-L for long & short positions works, trailing stops, figuring how margins work, M2M, T+1, T+2 settlements - the list is endless😩 with several moving parts. No paper trading platform gives you the real deal (4/11)

Here is a hack, though - instead of paper trading, try and place an actual trade on a low-value futures contract. My favourite is USD INR 💱, it costs just under 2K per contract, but gives you the whole trading experience (5/11)

Do you keep your gold assets in bank locker? You are probably paying some fees every year for your lockers.

Instead, what if you could get a locker for free?

What if I said banks would pay you to keep your gold assets safe?

Time for a thread. 👇👇👇

1/ The major issue with having gold in bank lockers is

- You pay hefty fees on an annual basis to the bank.
- The lockers aren't insured
- There's no real safety/security in case of theft or an unfortunate event.

Is there a work around?

Yes.

Enter "Gold Monetisation Scheme".

2/ GOI introduced the Gold Monetisation Scheme in 2015. The main objective was to cut down India's gold imports.

How it works:

You deposit your gold in bank.
They keep it safe for a fixed number of years.
You get it back as physical gold or cash on maturity.

3/ What should you do to be eligible?

You should take the gold you want to deposit to a Collection and Purity Testing Centre (CPTC). GOI has established over 300 CPTC's across India.

They will take your gold, evaluate its purity, and provide a receipt for the gold quantity.

4/ You take the receipt to your bank.

Create a gold monetisation scheme account in your bank.

Give them the receipt provided by PTC.

Your bank will then convert that receipt to a scheme certificate as part of your GMS account.

Everything You Need To Know about Emergency Funds

A Thread 🧵👇

1/ Let’s understand the meaning of Emergency Fund, it is a fund that will help you at the time of financial crisis or unplanned scenarios. It is also known as contingency funds.

An Emergency Fund is the first step towards financial freedom.

2/ For example, when the Covid-19 hits many people lose their jobs which results in loss of financial support and people find difficulties buying basic necessities for themselves. So, having emergency funds helps you to sustain the period.

3/ Now the question arises, how to build an Emergency Fund?

An emergency fund cannot be built overnight but it can be done gradually. Firstly, you need to analyse your monthly expenses and then, you need to set aside a particular amount every month.

4/ Say, you have decided to have an emergency fund of ₹3 lakhs. In this case, you can set aside ₹45000 or ₹50000 every month to accumulate the corpus you need. It is fine to even cut down on your investments to build this amount.

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