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Saved by @SteveeRogerr

(1/25) A number of Silicon Valley investors are putting their money and influence into a campaign to gaslight rape victims into not seeking medical treatment

despite the warnings of top law enforcement officials

and NOBODY is talking about this.

 (2/25) First, a little about me. I used to be a licensed sexual assault crisis counselor, counseling victims admitted to one of three Minneapolis emergency rooms.

After I'd speak to the victim, they'd receive a medical exam from a Sexual Assault Nurse Examiner (SANE).
(3/25) During the exam, DNA and other evidence is collected with a "rape kit" to optionally be used in a civil or criminal case.
(4/25) But collecting evidence is not the ONLY reason to receive an exam.

The victim may also receive:
- counseling (hello!)
- treatment for (potentially invisible) injuries
- medications like Plan B and emergency antiretroviral therapy for HIV prophylaxis.
(5/25) Leda Health, a startup cofounded by Madison Campbell and Liesel Vaidya, is raising money to sell "do-it-yourself" rape kits that wouldn't require a hospital visit

which is possibly the most HARMFUL startup idea that I have ever heard of.
(6/25) Leda Health's marketing is misleading to victims and may cause them to not seek critical and time-sensitive medical treatment.

Furthermore, rape kits in a hospital are protected. There needs to be a strong "chain of custody" or the kit will not be admissible in any court.
(7/25) The problem with any do-it-yourself rape kit is that it is impossible to guarantee that it has not been tampered with.

Such a kit cannot be admissible in court and may harm other efforts to collect evidence.
(8/25) Campbell has repeatedly been misleading about her kits' admissibility in court.

Leda Health used to be called "MeToo Kits" and they were widely panned in the press for both their tasteless name and their nonsensical plan.

https://t.co/LrGgiCaJGK

https://t.co/3rk0rK2sgF
(9/25) These are some victim advocacy orgs have criticized MeToo Kits:

- Minnesota Coalition Against Sexual Assault
- End Rape on Campus
- New York City Alliance Against Sexual Assault
- The Aurora Center (my old org)
- National Alliance to End Sexual Violence
- HAVEN
- CAPPA
(10/25) Governments have also sharply rebuked MeToo Kits:

Michigan Attorney General Dana Nessel issued a cease-and-desist to MeToo Kits under the Michigan Consumer Protection Act--arguing that MeToo Kits "misleads victims."

https://t.co/EO0Xpcx1Q6
(11/25) MeToo Kits received similar responses from attorneys general in Virginia, North Carolina, New York, and Oklahoma--and the Manhattan District Attorney's Office.

https://t.co/P6K9tmoBhU

https://t.co/5dFHnXoiJ5

https://t.co/IhQk5Ffw04

https://t.co/BJhHPp7d74
(12/25) Even members of Congress have responded.

Congresswoman Sylvia Garcia and 15 colleagues sent a letter to Madison and MeToo Kits warning about the medical and legal issues of DIY rape kits.

https://t.co/TPC64uSmuD
(13/25) Campbell never says out loud that victims shouldn't go to the hospital,

but as per the attorneys general and district attorneys, she doesn't have to.

The kits are misleading nonetheless.
(14/25) While victim advocates, law enforcement officials, and members of Congress aren't falling for Campbell's claims, Silicon Valley tech investors are.

Campbell rebranded "MeToo Kits" to "Leda Health" and started raising money.
(15/25) Campbell is also a member of On Deck (https://t.co/iy7yZpmhlp)--a fellowship aimed at training the tech executives of tomorrow.

They just redesigned their website, and Campbell is a featured case study.
(16/25) When MeToo Kits rebranded to Leda Health, they removed information from their new website.

Later, Campbell insisted in an interview that the kits would be "encrypted and backed with blockchain technology."

as if that were the real problem.

https://t.co/3ZTVBDweA7
(17/25) Blockchains are a solution for establishing chains of custody for digital assets like Bitcoin

but they don't solve the chain of custody issue for biological evidence of a crime.
(18/25) The Sexual Assault Nurse Examiner serves as an approximately neutral party and the hospital is physically secure enough to guard against tampering.

DIY kits or "the blockchain" will **NEVER** achieve this, and Campbell is being misleading about this to raise money.
(19/25) It's not clear if Leda Health has pivoted away from selling fake rape kits, but what little public evidence is still available indicates they haven't.

Last August, they applied for a USPTO trademark for marketing rape kits.

https://t.co/iJi2VqBZeq
(20/25) There is also Campbell's Twitter, where she is building the rape kits "in public."

#BuildInPublic
(21/25) But even if they have pivoted,

given Madison Campbell's commitment to selling inadmissible kits

even after being censured by law enforcement officials and members of Congress,

we can't trust her to not break the law in the future.
(22/25) The way to improve the system is to train more Sexual Assault Nurse Examiners and increase the throughput for processing cases.

DIY kits or the goddamn "blockchain" are false flags. Their marketing misleads rape victims and is a danger to the justice system.
(23/25) Law enforcement action against the company, like the cease-and-desist from the Michigan Attorney General, did not stop Campbell from continuing on a path that may harm rape victims and possibly violate US law.
(24/25) This might be a legal fantasy, but I think the only solution is for the government to pierce the corporate veil

and pursue individual criminal charges against founders Madison Campbell and Liesel Vaidya.
(25/25) And for the investors?

They're all people I respect. I hope they aren't mad at me. I'm assuming they just didn't know what they were getting into.

But as a philosopher once said,

the road to... tampering evidence in rape cases... is paved with good intentions.

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Anton Spisak
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@AntonSpisak
Having now taken a few days to digest the detail of the UK-EU agreement, here's a couple of observations from me on the deal, what it means, how we got here, & where it might take future UK-EU relations.

(A long thread)

First, let's be clear that negotiating a deal in 9 months, against the odds, and in the middle of a pandemic, is an achievement. It's too easy to underestimate the difficulty of negotiating over the screen for 4 months, from Mar-June, and under enormous pressure. /2

Both @DavidGHFrost & @MichelBarnier and their teams, deserve a lot of credit for sticking up with it in hard circumstances, often with lacking political clarity, & high stakes.

This shouldn't preclude us, or MPs and MEPs, from looking critically at the deal on the table. /3

That we have a deal is a result of the UK & EU having found a way to protect their core defensive interests.

From the EU's view, integrity of the single market is preserved with level-playing field obligations which go virtually beyond any other 3rd-country (even the Swiss). /4

For its part, the UK has negotiated down EU ask on dynamic alignment on state aid; eliminated any references to EU law; removed any role for the ECJ (NB not in the whole future relationship, due to EU law in NI Protocol); and preserved its right to control access to waters. /5
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Stockifi | Investors \u0915\u093e \u0926\u094b\u0938\u094d\u0924!
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30 books I wish I read before Investing my hard-earned money:

1. You can be a Stock Market Genius by Joel Greenblatt
2. Common Stocks, Uncommon Profits by Phil Fisher
3. Margin of Safety by Seth Klarman
4. The Crowd by Gustave Le Bon
5. Winning the Loser's Game by Charles Ellis

6. The Zurich Axioms by Max Gunther
7. The Most Important Thing by Howard Marks
8. Thinking, Fast and Slow by Daniel Kahneman
9. The Intelligent Investor by B. Graham
10. A Zebra in Lion country by Ralph Wanger and Everett Mattlin
11. Learn to Earn by Peter Lynch

12.Poor Charlie's Almanack - The wit and wisdom of Charles T Munger
13.Speculative Contagion by Frank Martin
14. The Long and the Short of it by John Kay
15. More than you know by Michael Maubossin
16. Influence - The Psychology of Persuasion by Robert Cialdini

17. The Psychology of Judgment and Decision making by Scott Plous
18. The Real Warren Buffett by James O'Loughlin
19. Devil take the Hindmost by Edward Chancellor
20. Risk Intelligence by Dylan Evans
21. The Emotionally Intelligent Investor by Ravee Mehta

22.Accounting for Value by Stephen Penman
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Kirtan A Shah
Kirtan A Shah
@KirtanShahCFP
Learn about the STEEL SECTOR in this thread

The demand for steel is generally only 1.2 times the GDP & there is no significant growth in our GDP but still the sector has rallied relentlessly, lets try & understand

Do ‘re-tweet’ & help us educate more investors (1/22)
#Investing

The metal sector is broadly divided into 2,
-Ferrous is a category of metal that has Iron in it, Steel as an example
-Non-Ferrous is a metal, which does not have Iron content, Aluminum, copper, lead, nickel, Zinc etc.
This thread focuses on Ferrous & hence Steel (2/22)

To start, lets understand with how steel is made (its important).
Iron ore is mined, it is then first converted to Iron & Iron is then converted to Steel. There are 3 processes of making steel
-Blast Furnace
-Scrap Metal
-DRIP/Sponge
We will discuss all three (3/22)
ALL , SECTORLEARNINGS , STEELSECTOR
Greg Duncan \U0001f981
Greg Duncan 🦁
@GregDuncan_
Many traders have no consistency when sizing their positions.

The pros have this down to a science.

Here's my dead simple, 3-step guide to position sizing (and to outperforming 99% of other traders in the process):

Step 1:

Define how much of your account you're willing to risk per trade.

Personally, I never risk more than 1% of my account equity.

If I have $100,000 account, I will never risk more $1,000.

This ensures I will never blow up my account on one single trade.

There are successful traders who risk 2-3% of their account per trade, but I find it most calming to risk 1% or less.

The first step in this process is completely up to you - only you can dictate how much risk you can tolerate.

Step 2:

Look for entries & exits that are within 5% (preferably less) of each other.

This means if I buy a stock & have a 5% stop loss, I can put a 20% equity position on & still be risking 1% of my equity.

Your account will thank you w/ 20% in a stock that goes up 100%.

Step 3:

Position size using this formula:

Total equity (100%) / Trade Stop Loss %

So, if your stop loss is 4%, here's the math:

100% equity / 4% stop loss = 25% Equity Position Size

(assuming 1% equity risk).

Here's another hypothetical calculation:
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Trader knight
Trader knight
@Traderknight007
How position sizing can affect your trading performance-

Assuming that you are trading a Trend-following system with Big RR and low win-rate.

For example, assume that you risk one percent per trade on a 100,000 account
and you have 20 straight losses.

That one percent is of your remaining equity and at the end of 20 losses, you would be down to 81,790.60.

Now if you got a 30R winner and you are risking one percent of your balance of 81,790.60, your new equity would be 106,327.9,


You’ve had 20 losses and one winner though you are still up 10Rplus your equity is up by 6.3R percent.

Now, let’s say you risk five percent per trade on your balance. At the end of 20 straight losses, you would be down to 35,772.89 or down 64 percent.


If you risk five percent on this amount and get a 30R winner, you would be up to 89,621.48. You are up 10R, but because of your position sizing, your equity is still down over 10 percent.

#positionsizing
#Trading
#nifty50

This is why position sizing is the most important factor in trading if you get it right and you have an edge, you will do good.

Thanks for reading till here.
@AnandableAnand @jitendrajain @quatltd @sohamtweet
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