Discover and read the best of Twitter Threads about #Risk_Reduction
Most recents (4)
#Risk_Reduction: The unintended consequences of sanctions on Russia can lead to environmental catastrophes. This is related to the old fleet of ships used to export the oil abroad that are poorly insured. It is reported that the Finnish authorities started organizing drills⤵️
for emergency responses in case of accidental oil spill or other types of incidents (collision, etc.) involving Russian vessels operating in the Baltic Sea. Similar concern should keep other riparian countries in whose nearby waters Russian oil tankers sail on alert.⤵️ 
With declining technical capabilities, the Russian authorities cannot guarantee the safety diligence of the cargoes they send by sea, air or land. The environmental impacts of sanctions need to be seriously considered within regional risk assessments.⤵️
#Risk_Reduction: While high winter temperatures helped counter Russia's gas weaponization, the downside of the same natural anomaly is insufficient water. France prepares “sobriety plans” to save water, recalling the “energy saving” experience of 2022.⤵️
Not only agriculture, but also the civil nuclear industry is affected by the looming water crisis in France. Efficiency in the use of water is becoming a new national policy in France. This issue will bring back to the table the conversation about the H2Med hydrogen pipeline⤵️
that France wants to use for the production of pink hydrogen with the use of atomic energy (and d hydropower). The latter is going to suffer serious short, medium and long-term consequences due to more pronounced negative effects of the climate change.
1/ The best investment in the world is the risk free investment. This comes by taking enough profits in a
company to take out your costs. Then you can keep it forever if you want. I call this playing with the
house's money.
company to take out your costs. Then you can keep it forever if you want. I call this playing with the
house's money.
2/ I get that question the most of any question I get from investors. It goes like this, “I bought XYZ company and it's up 300%, should I keep it or sell it?” My answer is always the same. I tell them to sell at least enough to take out their costs.
1/ The first thing I tell new investors in biotech is to first figure out what you are willing to lose. With a
sector where 90% of the science fails, you have to have a high pain tolerance or a very good strategy.
sector where 90% of the science fails, you have to have a high pain tolerance or a very good strategy.
2/ We will go with strategy because no one wants to endure a lot of pain. When it comes to science, we go
through a lot of failures before we find great success. Hopefully, most of that is done in the early discovery phase before it comes into the clinical stage.
through a lot of failures before we find great success. Hopefully, most of that is done in the early discovery phase before it comes into the clinical stage.
