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Morning. And its Groundhog Day today. https://t.co/gRs4Dc8RH2

 Some useful threads will follow, first on the Northern Ireland protocol, where unfettered is still being defined... https://t.co/YHPJdNC4mf
And on fish and level playing field. The latter seems, has always seemed, the most problematic, because the UK has apparently ruled out any compromise on shared minumum levels even if not automatic. That would be a deal breaker, but seems... unnecessary. https://t.co/PCtI1olTOV
Your reminder closing complex deals is never easy. But there are ways to facilitate and EU is good at doing this if you meet their red lines. But still the biggest concern that the UK never understood level playing field terms are fundamental to the EU. https://t.co/WkQHyvMzMt
In the UK, one man's decision. Allegedly backed by a Cabinet who in reality will be quite happy to blame the PM either way. The temptation to send Michael Gove to seal the deal and end his leadership ambitions must be there... https://t.co/T12k9zpVpw
As it happens... https://t.co/dOeSREAAYg
For what it's worth it seems likely that there was some kite flying last night to see what the reaction to a deal might be on the UK side. It... didn't go well. Which is the fear of those on the EU side - that Johnson has talked up sovereignty too far for reasonable compromise.
I might be on some media or other later today talking about my favourite christmas reci.... if only. Depending on how many updates there have been since I might be optimistic or pessimistic, but still on the fence. https://t.co/YVb4oBZLke
Oh yes, 24 days left to the biggest one day change in UK trading terms in history. Just the £2 billion of trade per day at stake. https://t.co/NEdPJzysvZ
Picture for those who were missing their Brexit flowcharts. From what I can see (and Jon also suggests) today has the right elements for final deal choreography with Gove in Brussels, and quite possibly also therefore a no-deal announcement. https://t.co/KunRWGig4x
Has always been my belief. Though rather raises the issue of only listening to those who won't challenge your views. https://t.co/KdM68PKsif
Right. If today ends with a statement saying the PM and vdL are going to make another last effort to reach a deal after all of this I think the Brexit watchers finally have to stage an intervention. https://t.co/aUIhkJbVMA
Fundamentally UK politics (on all sides, but differently) cannot reconcile leaving the EU but still being in Europe. Listen to Norwegian, Swiss, or Turkish officials. A horrible experience, they say, when you always want to leave the table but can't. https://t.co/U92sZcHKZy
I think we can safely dismiss any Barnier statement on deadlines given the record to date. We're long past the point any agreement can receive proper scrutiny or business be ready to implement it. https://t.co/ai4F7qd53y
UK-EU talks Wednesday deadline latest https://t.co/H2nNksRgTc
On this at least the UK and EU are united, against their own businesses. Nobody, it is clear, is in any kind of hurry.

Because, hey, there are still 16 working days until huge new barriers are erected to the world's second largest trading relationship.

https://t.co/WPX9uOUNiE
The problem again - EU and UK will have to upset some of their domestic constituencies to get a deal. Neither seem prepared to do so. But neither want to walk away either. Stalemate. https://t.co/mSewDGwJRR

More from David Henig

David Henig
David Henig
@DavidHenigUK
Delusional. And no way to run a country. Far higher barriers to trade with the EU from Friday. And still subject to EU influence on our laws. To deny this is also to deny the ability to tackle the problems we will face.

We ended up with particularly high level playing field conditions in the EU deal because the UK didn't take the subject seriously. We got a worse deal on fish than anyone thought possible, and got nothing in return. All because of cakeism. Or patriotism as they call it.

Now we face higher trade barriers to our nearest market, which means our businesses need to be even more competitive to overcome them and succeed. Is that acknowledged?

Our neighbours, the EU, use all manner of pressures to keep neighbours in line in terms of trade. That financial services equivalence, pity if you didn't get that. Data equivalence, have 6 months free if you don't change your laws while we make you sweat...

Northern Ireland, as we repeat endlessly, Johnson cakeism of no checks? Somehow no longer mentioned after the EU got what they wanted. See also, fish, level playing field. EU priorities, EU won. Johnson cake, all gone, not eaten.
GOVERNMENT
David Henig
David Henig
@DavidHenigUK
"Fail to prepare, prepare to fail" has gone from being an irritating statement trotted out on a training course to a description of the UK government's modus operandi. And as well as on covid restrictions we're seeing it in EU negotiations - deal or no-deal. And here's why... 1/

The UK's goal in EU negotiations is to declare victory / sovereignty. Sounds good. But the problem is that there will always be winners and losers in a big trade deal, because it covers everything and involves compromising with the other side. An immediate problem. 2/

Take fish, on which apparently talks are stuck. No deal means we regain full control of our waters. Victory! And sell the fish where? EU tariffs and checks. Not victory. So share waters? But then, defeat! Point being, if you don't explain, the result will disappoint. 3/

We don't want the EU setting our rules and regulations. So minimal sovereignty provisions. No-deal and victory! But then what about the car manufacturers no longer viable? Ok, compromise. But then no win on sovereignty, or perhaps call it "freedom clauses"... 4/

Northern Ireland, customs checks, rules of origin, security cooperation and so on... all inevitably to require compromise. But if your game was all about victory and sovereignty, then what? Not make a decision perhaps? 5/
ECONOMY
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David Henig
David Henig
@DavidHenigUK
Breathless accounts of brilliant negotiating are oddly unaccompanied by statements of UK wins.

Twice the PM has signed up to deals he previously said no PM could sign up for. The level of self-deception in turning these into triumphs is off the scale.

A wise man has suggested that Johnson's self delusions are good for the UK in the way he folds under EU pressure but denies it - that this actually delivers the best result.

But it doesn't do much for the country's politcal debate to have such delusions at the heart of the most important economic relationship. And they don't have such delusions in Belfast.

Perhaps it is the way of UK politics that no leader can be seen to be pro-EU, that the UK must be seen to be bigger than the EU, even though the UK is obviously smaller and needs the EU for trade.
BREXIT
David Henig
David Henig
@DavidHenigUK
As is traditional for this time of year, and more in hope than expectation, my top ten trade / Brexit hopes for 2021...

1 - The UK Government ditches the unnecessary secrecy and engages much more openly with business, NGOs etc about their priorities, and reflects them

2 - Parliament steps up its game on government scrutiny beyond select committee reports and starts expecting answers on why priorities have been chosen, why trade agreements with which countries, what the content should be etc

3 - UK business do their best to keep on exporting and importing, innovating and partnering, to overcome the new barriers in their way, and also to keep shouting for government to remove barriers as they arise

4 - Brexiteers show even the vaguest hint of interest in the views of those who continue to want strong ties with the EU, rather then repeating over and over again, to even the vaguest hint of criticism, "you lost suckers, get over it"

5 - Remainers, rejoiners and the like stop talking quite so much about how the 2016 referendum was stolen from them, which is becoming both history and suggests that 17 odd million people were conned

(NB not confident on the last two)
BREXIT
David Henig
David Henig
@DavidHenigUK
Plenty of talk this morning about how UK sovereignty is what is stopping an EU deal, that the EU want to impinge on this.

Sorry, the argument is totally bogus. It is a combination of EU hatred and cakeism dressed up in respectable clothing. 1/ n

How do we define sovereignty in trade deals? Complex question, so let's just look at this government. It believes in trade deals and membership of the WTO. These contain binding rules. Therefore for this government sovereignty and binding rules are compatible. 2/

Therefore sovereignty in terms of trade rules for this government is a relative concept either in content or partner terms. So when they say the EU proposals go too far is that because of what is proposed, or who it is proposed with? 3/

We haven't been told the detail. But with regard to the level playing field it is suggested that no country could sign up to a situation where not following the rules leads to tariffs being imposed. However we agree to this in the WTO and FTAs. So that is untrue. 4/

Fish is a slightly different matter, and it is being said that the EU proposal would deny the UK control of our waters. But definitionally that can't be true. We're showing our control through the discussion. We don't have to do a deal. 5/
UK & EU

More from For later read

Jason_Q
Jason_Q
@JasonQ38367909
Ok. Here we are. Again. Doom@and gloom. Ya know.....POTUS never says anything without there being something coded within it. Including his short speech last night.

Anyone catch the color of the tie?
It was a baby blue tie with hints of pink. You know. Nursery colors

Because what was it all about? The CHILDREN.

So first off. When we look at numbers of missing children in the 90’s during the Clinton Child Catching and Cooking Machine and THEN compare that with the #’s of that pesky “V” from Chiiiina” ...

There were over 900k kids missing EACH YEAR during their Reign of terror... was there ANY alert or warning about an increase yearly of child snatching?

Nope.

So when you create something in a lab and blame it on “bat soup” in a market... with a survival rate of 99.4%..

Any alarm or warning?

Oh just a “Pan”demic level 6 ( it’s so amusing that these sick pricks use the half man / half goat god Pan along with demic with a level of 6 to stress the pure evil in this)

I to o is 6 spaces
C to n is 11 spaces.

Demic to demon is 17 letter shifts

Wouldn’t it just surprise you that the finishing of #17 left us with 17 spaces left...🤔💫💫
FOR LATER READ
Dani\xeblle Stotijn
Daniëlle Stotijn
@DDay35962863
If it doesn,t make sense...
something else is going on.....

#xrp
#xrpcommmunity

Expand your thinking

This thread is updated and can be approached from multiple perspectives.
That is how big Platform 2020 is
#TheGreatAwakeningWorldwide

Connect the dotes
FOR LATER READ , THREAD PLEASE
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Simon Wardley
Simon Wardley
@swardley
X : Do you think cloud will decentralise?
Me : Already has - started with regions and AZs and is now rapidly expanding into outpost, greengrass, EKS anwhere.
X : No, I mean many providers.
Me : There are two forms of decentralisation - provision and control (i.e. authorities) ...

... what is happening is decentralisation of provision (i.e. cloud everywhere, at the edge) but under centralised authorities (Amazon, Alibaba, MSFT, Google etc).
X : What about decentralisation of control?
Me : Many companies working to a common standard ...

... that was the dream of OpenStack but they blew that on day one creating a collective prisoner dilemma. They are trying to recorrect this with K8s but the cloud has moved on, higher up the stack ...

... so, the idea of a marketplace of many different companies each having authority is ... wishful thinking by past vendors and clients they've hoodwinked. Maybe in 15-20 years we will get another go ... open source is a long game ...

... more likely is many points of provision i.e. companies offering EKS anywhere on a utility basis but under centralised authority e.g. AWS.

So, yes, the cloud is going to edge, has been for sometime but it'll be AWS / Alibaba / MSFT cloud that is everywhere.
FOR LATER READ
Operation Cupcake
Operation Cupcake
@PhillipsBarrie
Wow, Morgan McSweeney again, Rachel Riley, SFFN, Center for Countering Digital Hate, Imran Ahmed, JLM, BoD, Angela Eagle, Tracy-Ann Oberman, Lisa Nandy, Steve Reed, Jon Cruddas, Trevor Chinn, Martin Taylor, Lord Ian Austin and Mark Lewis. #LabourLeaks #StarmerOut 24 tweet🧵

Morgan McSweeney, Keir Starmer’s chief of staff, launched the organisation that now runs SFFN.
The CEO Imran Ahmed worked closely with a number of Labour figures involved in the campaign to remove Jeremy as leader.

Rachel Riley is listed as patron. https://t.co/nGY5QrwBD0


SFFN claims that it has been “a project of the Center For Countering Digital Hate” since 4 May 2020. The relationship between the two organisations, however, appears to date back far longer. And crucially, CCDH is linked to a number of figures on the Labour right. #LabourLeaks

Center for Countering Digital Hate registered at Companies House on 19 Oct 2018, the organisation’s only director was Morgan McSweeney – Labour leader Keir Starmer’s chief of staff. McSweeney was also the campaign manager for Liz Kendall’s leadership bid. #LabourLeaks #StarmerOut

Sir Keir - along with his chief of staff, Morgan McSweeney - held his first meeting with the Jewish Labour Movement (JLM). Deliberately used the “anti-Semitism” crisis as a pretext to vilify and then expel a leading pro-Corbyn activist in Brighton and Hove
FOR LATER READ
Lunar Whale Rider
Lunar Whale Rider
@mistermegative
Ok. I’ve organized my thoughts about the revival of Six Days in Fallujah. I want to approach this through the lens of someone who was IN Fallujah during 2004-2005, during some of the worst urban combat US Forces have ever experienced.

Let’s get a few things out of the way: the invasion of Iraq was a war crime. Period. Argue otherwise and I’ll block you. Does that make myself and others who fought war criminals? No, of course not. Did individual soldiers and Marines commit war crimes? Absolutely.

I’m someone who is deeply proud of my service. I tried my hardest to conduct myself as humanely as possible. I’m also someone who was forced to do things I’m not proud of to survive. Taking lives should never be a point of pride.

Iraq was a failure of our own making. Not only did we invade illegally, we did it without a plan. The vast majority of the insurgency were disaffected Iraqi soldiers without a job after we broke apart their military, not religious fanatics.

Yes, groups like AQI showed up to fight, but they came after we handed them a major propaganda victory by showing up in the first place and turning PMCs like Blackwater loose. There was little to no cultural sensitivity training.
FOR LATER READ

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Nikita Poojary
Nikita Poojary
@niki_poojary
Time for a Thread🧵On yesterday’s “F&O Pe Charcha - Diary Of An Option Seller” with @Mitesh_Engr by @Paytm Money

Why Gain/loss ratio is important that the batting average
• More than the Win Loss ratio check the total Gain /loss ratio
• If your avg loss is 1% and avg gain is +5% then even if you are losing in 7 positions and winning in 3 out of 10 still you will be net profitable

Treat Trading as a business:
• Stick to a single strategy. Eg: A restaurateur usually wouldn’t be changing his recipe on a daily basis
• Mitesh Sir only works on BO or BD strategy, as he is a versatile trader

• Any trader should atleast experience 3 scenarios i.e. bull, bear & consolidation
• Target 4% per month i.e. 48% p.a.
• Option buying requires skill, everyday there wont be huge momentum, so buying options won’t yield good results, but high chances of falling into a bad habit

Stock Selection:
• In F&O segment there are ~150 stocks
• Not everyday all stocks will move
• Only 5-7 stocks move upside or downside
• Focus only these momentum stocks
• Check which one is moving
• Range BO/BD never disappoints. BO/BD from a rectangle (consolidation)
MPLEARNINGS , ALL , OPTION SELLING
Michael Dearing
Michael Dearing
@mcgd
An irony of facebook's situation.

Sheryl got her MBA at Harvard. One of the most famous cases (Extra Strength Tylenol) in one of the most famous classes (Business History) she took: in 1982, someone put cyanide in Extra Strength Tylenol capsules and killed 7 people in Chicago.

What do you do when someone turns your product into a weapon? When they use the system you built to harm? James Burke, CEO of J&J, was shockingly open with the public, he pulled the product and made significant packaging changes to make product safer (but not tamper-proof).

He over-shared every step along the way re investigation, redesign, stood up as both CEO and human. The reintroduction of new Extra Strength Tylenol succeeded. Burke saved the brand.

But four years later it happened again. A killer put cyanide in the capsules, this time a woman in Yonkers died. Same CEO, Burke, pulled the product again, completely changed the form factor from capsule to caplet and relaunched *again*. It worked *again*. How'd they do that?

Burke (CEO) tapped J&Js goodwill bank account w/ the public. Two big withdrawals from that bank account in four years + 8 dead bodies! But his honesty, openness, humanity (choked up about the deaths more than once), humility kept the goodwill bank balance positive the whole time.
TECH
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Anu Satheesh \U0001f1ee\U0001f1f3
Anu Satheesh 🇮🇳...
@AnuSatheesh5
Stories of Guruvayurappan
Shri Krishna Leela

This is a beautiful story of Guruvayurappan. Once there lived in Guruvayur a poor family. Kitta, his wife & kids were struggling for their daily needs. With only a coconut tree in house, he earned a living by selling coconuts.


Kitta was from a low caste family. He was a great devotee of Guruvayurappan. Everyday before going to work he always prayed infront of a picture of Guruvayurappan in his house. His only wish was to worship at Guruvayur & have annadanam in temple. But he was not allowed there


It was Utsavam time in Guruvayur. From far behind kitta and family worshipped Guruvayurappan. Annadanam was given daily and no one was left empty stomach. Only Kitta didn't receive. That night, it was only Kitta's family who was sleeping without food. After temple nada closed


Shri Krishna, dressed himself as a Brahmin went to temple Kitchen. He packed food and went directly to kitta's house. Reaching Kitta's house, Shri Krishna told he was sent by a cook of Guruvayur temple and gave them the food he packed. Kitta and family was very happy seeing food.


When Kitta finished his food, Brahmin asked it will be better if he get a tender coconut( karikku)to drink. Kitta climbed the tree and gave all coconuts to him. After having 1 tender coconut, the Brahmin asked to bring remaining coconuts to Guruvayur temple the next day.
ALL
\u2728Anshika Sharma
✨Anshika Sharma
@Anshi_________
Low-risk, High-return stocks are what we look for relentlessly

But many of them we know but ignore
some of them don't grab financial headlines

Here are 10 low-risk, high return stocks (that we ignore):

What I mean by “high-return”?

These stocks have OUTPERFORMED the market:

💹Chart with upwards trend Since IPO
💹Chart with upwards trend Over the last 5 Years or since IPO

These are all long-term winners that will keep on winning

What do We Mean by “low-risk”?

A combination of:

❣️Great management
❣️Broad moat
❣️Financially strong
❣️High ROCE
❣️Low Disruption/Dilution/Volatility
❣️Consistent Organic Growth
❣️Assorted Customers/Suppliers
❣️Low debt

1-#CDSL

A depository is a big business and will grow continuously, Its a sustainable business
cause "Market hai toh CDSL bhi hai or rahega"


2- #Dixon

High Management Efficiency with a high ROE of 19.30%
Healthy long-term growth as Net Sales has grown by an annual rate of more than 30%
High Institutional Holdings
LOW RISK HIGH RETURN STOCKS , LOW RISK HIGH RETURN STOCKS FOR LONG TERM , LOW RISK STOCK IDEAS
Paras Chopra
Paras Chopra
@paraschopra
1/ Here are my notes from @robertwrighter's book - Nonzero: the logic of human destiny. I enjoyed the book very much.

The basic premise of the book is that history has a direction which favors co-operation and non-zero sum games, and that causes an increase in complexity.


2/ Starting from the first replicating molecule which co-operated with an outer layer to form first proto-cell, evolutionary and cultural history is full of examples where two entities come together to survive and progress a lot more than they would have done individually.

3/ This co-operative entity fares much better than two individual entities because of specialization. If two entities are in the same boat - that they win together or lose together - then trust is implicit.

4/ In a non-zero sum game, trust causes entities to focus on what they do best.

For example, eukaryotic cells - the ones animals and plants have - emerged when two proto-cells merged, and one took the role of energy generator (mitochondria), the other specialized in protection.

5/ Some scientists believe that even nucleus in a cell is a result of an early cell merging with another cell.

So M&A is not a recent phenomena, entities have been merging because of common interests ever since life started.
CULTURE