Me : Ah, that's a bad idea. You really want your boards to have your interests at heart.
X : What about experience, partnership?
Me : Those are advisors and you take it with a pinch of salt and as much as possible use critical friends.
X : Thoughts on private companies being on the boards of ICS (integrated care systems).
Me : Conflict of interest question? Supplier determining needs?
X : Yes
Me : It's ok, as long as
a) you have effective spend control
b) those private companies are JVs which Gov owns 51% of.
Me : Ah, that's a bad idea. You really want your boards to have your interests at heart.
X : What about experience, partnership?
Me : Those are advisors and you take it with a pinch of salt and as much as possible use critical friends.
Me : Occassionaly you can find critical friends. People that we willing to tell you the truth as they see it regardless of the consequences. They are not very common and it normally requires a deep sense of duty that exceeds any loyalty to others.
Me : Rarely but that depends. If the organisation has a core overiding principle of focusing on the customer need and I don't mean lip service to this but absolutely embedded into its very core then yes i.e. places like Amazon, Alibaba etc.
Me : You always need an independent mechanism of challenge (outside the department and contract but within Government) to provide challenge through expertise and to spread situational awareness across many contracts. An intelligence function.
X : Why?
More from Simon Wardley
"Fifty-nine percent of those polled said they believed China will become more powerful than the U.S. within 10 years" - https://t.co/3vN4I1TjwP ... I hate to break it to you but it already is in many areas.
When I published this work (originally from 2015) - https://t.co/GYOItA3StZ - I did tend to get a lot of pushback from US folk when presenting it.
Six years later, less so.
I expect China to start to tackle inequality this year. It's the Achilles heel of the West. We have no response, nor Governments with the required skill, strategy or practice to respond.
We will ultimately face a more advanced, more wealthy and more equal society ...
... as that example of what "is possible" / "good looks like" shift to the East, we will face a painful shift as we question our own values including our kind of democracy. But in reality, the problem is not with our values but our shockingly poor standards of leadership.
X : Is this because of Trump?
Me : No, this has been going on since the 1990s. There has been no effective counterplay to the long game that Deng Xiaoping started. Just hubris, arrogance and exceptionalism with annual Economist articles on "How China will fall".
When I published this work (originally from 2015) - https://t.co/GYOItA3StZ - I did tend to get a lot of pushback from US folk when presenting it.
Six years later, less so.
Though advantage does not immediately translate to leadership, I suspect many underestimate China in the cloud - pic.twitter.com/TXIPk9TE5u
— Simon Wardley (@swardley) January 22, 2016
I expect China to start to tackle inequality this year. It's the Achilles heel of the West. We have no response, nor Governments with the required skill, strategy or practice to respond.
We will ultimately face a more advanced, more wealthy and more equal society ...
... as that example of what "is possible" / "good looks like" shift to the East, we will face a painful shift as we question our own values including our kind of democracy. But in reality, the problem is not with our values but our shockingly poor standards of leadership.
X : Is this because of Trump?
Me : No, this has been going on since the 1990s. There has been no effective counterplay to the long game that Deng Xiaoping started. Just hubris, arrogance and exceptionalism with annual Economist articles on "How China will fall".
More from Government
1 of 19) A number of tweets were posted by @LLinWood beginning late last night and into the morning. There are a total of 19. This thread has compiled all.
{“Shots fired across the bow”}
{Warning to traitors}
{Light will reveal the evil plans}
{You were warned traitors}
{“Shots fired across the bow”}
{Warning to traitors}
{Light will reveal the evil plans}
{You were warned traitors}
As background to tweets I am about to post, you should read this article carefully. I ask that you read each of my tweets carefully & decide if the information conveyed demands that Patriots rise up so that every lie will be revealed.@realDonaldTrumphttps://t.co/9KIX4DEtha
— Lin Wood (@LLinWood) January 4, 2021
Which metric is a better predictor of the severity of the fall surge in US states?
1) Margin of Democrat victory in Nov 2020 election
or
2) % infected through Sep 1, 2020
Can you guess which plot is which?
The left plot is based on the % infected through Sep 1, 2020. You can see that there is very little correlation with the % infected since Sep 1.
However, there is a *strong* correlation when using the margin of Biden's victory (right).
Infections % from https://t.co/WcXlfxv3Ah.
This is the strongest single variable I've seen in being able to explain the severity of this most recent wave in each state.
Not past infections / existing immunity, population density, racial makeup, latitude / weather / humidity, etc.
But political lean.
One can argue that states that lean Democrat are more likely to implement restrictions/mandates.
This is valid, so we test this by using the Government Stringency Index made by @UniofOxford.
We also see a correlation, but it's weaker (R^2=0.36 vs 0.50).
https://t.co/BxBBKwW6ta
To avoid look-ahead bias/confounding variables, here is the same analysis but using 2016 margin of victory as the predictor. Similar results.
This basically says that 2016 election results is a better predictor of the severity of the fall wave than intervention levels in 2020!
1) Margin of Democrat victory in Nov 2020 election
or
2) % infected through Sep 1, 2020
Can you guess which plot is which?
The left plot is based on the % infected through Sep 1, 2020. You can see that there is very little correlation with the % infected since Sep 1.
However, there is a *strong* correlation when using the margin of Biden's victory (right).
Infections % from https://t.co/WcXlfxv3Ah.
This is the strongest single variable I've seen in being able to explain the severity of this most recent wave in each state.
Not past infections / existing immunity, population density, racial makeup, latitude / weather / humidity, etc.
But political lean.
One can argue that states that lean Democrat are more likely to implement restrictions/mandates.
This is valid, so we test this by using the Government Stringency Index made by @UniofOxford.
We also see a correlation, but it's weaker (R^2=0.36 vs 0.50).
https://t.co/BxBBKwW6ta
To avoid look-ahead bias/confounding variables, here is the same analysis but using 2016 margin of victory as the predictor. Similar results.
This basically says that 2016 election results is a better predictor of the severity of the fall wave than intervention levels in 2020!
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So friends here is the thread on the recommended pathway for new entrants in the stock market.
Here I will share what I believe are essentials for anybody who is interested in stock markets and the resources to learn them, its from my experience and by no means exhaustive..
First the very basic : The Dow theory, Everybody must have basic understanding of it and must learn to observe High Highs, Higher Lows, Lower Highs and Lowers lows on charts and their
Even those who are more inclined towards fundamental side can also benefit from Dow theory, as it can hint start & end of Bull/Bear runs thereby indication entry and exits.
Next basic is Wyckoff's Theory. It tells how accumulation and distribution happens with regularity and how the market actually
Dow theory is old but
Here I will share what I believe are essentials for anybody who is interested in stock markets and the resources to learn them, its from my experience and by no means exhaustive..
First the very basic : The Dow theory, Everybody must have basic understanding of it and must learn to observe High Highs, Higher Lows, Lower Highs and Lowers lows on charts and their
Even those who are more inclined towards fundamental side can also benefit from Dow theory, as it can hint start & end of Bull/Bear runs thereby indication entry and exits.
Next basic is Wyckoff's Theory. It tells how accumulation and distribution happens with regularity and how the market actually
Dow theory is old but
Old is Gold....
— Professor (@DillikiBiili) January 23, 2020
this Bharti Airtel chart is a true copy of the Wyckoff Pattern propounded in 1931....... pic.twitter.com/tQ1PNebq7d
