La notice de vos médicaments mentionne « conserver à une température ne dépassant pas 25°C ».
Que faire ? 😱
Faut-il tout mettre au frigo ? ❄️
Tout jeter ? 🗑️
Pas si vite.
Conservation des médicaments en cas de fortes chaleurs : a thread ! 💊🥵👇🏻
Tout d’abord, il faut savoir que les conditions de conservation indiquées sur la notice correspondent aux conditions dans lesquelles le laboratoire garantit la qualité, la sécurité et l’efficacité du médicament jusqu’à sa date de péremption.
Autrement dit, ce n’est pas un bouton ON/OFF où le médicament serait parfaitement valable à 24ºC et bon à jeter à 26°C !
Türkiye’de konut piyasası uzun süredir karmaşık bir denklemin içinde. Vatandaşlık kriterlerindeki değişimler ve bölgedeki jeopolitik gerilimlerin tetiklediği demografik hareketlilik, arz-talep dengesini kökten değiştirdi.
Bu süreç, barınma krizini sadece bir piyasa sorunu olmaktan çıkarıp, çok katmanlı bir sosyal gerçeklik haline getirdi.
Open letter of ex-President Mahmoud Ahmadinejad to Qasem Soleimani in 2019: You are on the side of the oppressors against justice and freedom‼️
🧵
"In the name of God, the Most Compassionate, the Most Merciful.
Major General Haj Qassem Soleimani
Commander of the Quds Force
Peace be upon you,
It is said that, in the case of the arrest of Mr. Jahangiri's brother—the First Vice President and one of the principal shareholders of Tourism Bank—you intervened and, by recommending leniency to the relevant authorities, secured his release.
At the same time, based on the false accusation that you had delivered sums of money to Mr. Baqaei, a great injustice was committed against this faithful, upright, devoted, and revolutionary brother.
Unfortunately, Your Excellency quite openly refrained from giving testimony on this matter and ignored numerous letters and repeated requests.
As a result of this failure, an innocent man received some of the harshest unjust punishments and has now spent months in solitary confinement, held under the supervision of doctors.
I do not know what else must happen before some people awaken and return to the path of divine values: safeguarding freedom, administering justice, defending the oppressed, and confronting oppression.
I pray to Almighty God for the removal of injustice and for the establishment of justice, dignity, and freedom.
Servant of the Iranian nation,
Mahmoud Ahmadinejad"
(‘Ahmadinejad’s New Letter to Haajj Qasem / From Mediating for Jahangiri’s Brother's Release to the Injustice Against Baqaei / Is the Former President's Attack on the Quds Force Commander a Coincidence?’, Jahan News, January 14, 2019) archive.ph/j32ei
This part is the main relevant section:
"Unfortunately, Your Excellency quite openly refrained from giving testimony on this matter and ignored numerous letters and repeated requests. (...). I do not know what else must happen before some people awaken and return to the path of divine values: safeguarding freedom, administering justice, defending the oppressed, and confronting oppression."
Early Insights into Trump protests - A November 2015 Anti Trump protest was hosted by a pro Hamas org in solidarity with communist Ukrainian Antifa.
Isn’t this an interesting combination? 🤔👇🏻 It appears the earliest protests were communist and pro Hamas. I once tracked the first post Trump election protest and it was communist too.
➡️Hosted by Pal-Awda NY/NJ, in Solidarity with Donbass & Antifascists in Ukraine⬅️
🔹Protest Sponsor:
Solidarity with Donbass & Antifascists in Ukraine:
“People organizing in the U.S. in solidarity with the Donetsk and Lugansk People's Republics and the anti-fascist resistance in Ukraine”
Pal-Awda is the NY/NJbranch of Al-Awda. Al-Awda supported the October 7th invasion and is linked to Samidoun, a US-designated terrorist organization, and its officials have celebrated terrorist organizations such as Hamas, Palestinian Islamic Jihad (PIJ), and the Popular Front for the Liberation of Palestine (PFLP).
Al-Awda serves as fiscal sponsor for a BDS-promoting NGO, US Campaign for the Academic and Cultural Boycott of Israel (USACBI).
🔹 Solidarity with Donbass & Antifascists in Ukraine - Red Star News
“incorporating Red Star Over Donbass”
Comrades:
- Anti-Imperialist Front
- Borotba (Ukraine / Donbass)
- Communist Party of the Philippines
- FARC-EP Second Marquetalia (Colombia)
- Ghost Battalion (Donbass)
- No Pasarán Hamburg (Germany)
- Popular Front for the - Liberation of Palestine
- United Communist Party (Russia)
🔹Other notable protest participants:
- Party of Communists USA - NY
- Palestine Youth Movement
- Al-Awda USA: The Palestine Right to Return Coalition
- Al-Awda NY: The Palestine Right to Return Coalition
- Council on American Islamic Relations - CAIR NY
- Workers World Party
- Solidarity with Ukraine Antifascists Committee
- Tons more including a school bus union
Info utile du jour en #psychiatrie: canicule et santé mentale.
Le saviez vous? Lors de la canicule d'août 2003, près de la moitié des victimes de moins de 60 ans à Paris avaient un trouble psy.
🔟 points sur un enjeu de santé publique actuel encore bien trop sous-estimé ⬇️
1️⃣La chaleur a un impact direct sur notre santé mentale
-irritabilité, difficultés d'attention, anxiété majorée, réactivité plus importante, accentuations des biais cognitifs, humeur plus labile...
-sans parler de trouble, elle est mise à plus rude épreuve chez nous tous
2️⃣La chaleur peut aggraver les symptômes psychiatriques
-impact sur l'intensité des troubles psy déjà présents
-crises d'angoisse plus fréquentes et intenses, humeur plus instable, symptômes psychotiques parfois plus marqués...
-accentués par fatigue, inconfort, déshydratation...
In July 1943, British intelligence recorded an SS Lance Corporal describing two separate mutinies by SS guards inside a concentration camp years before the Final Solution.
The guards even fired on each other & tried to free the prisoners...
'Follow' & Repost this thread:
(🧵)
The involvement of the SS and death squads in the annihilation of Jews has been well documented; but the M Room material has revealed something previously unknown. In early July 1943, secret listeners at Latimer House recorded a conversation between a British army officer (BAO) and a prisoner in the rank of lance corporal, codenamed M222, who had been captured in Tunisia.
M222 described two separate mutinies amongst SS guards in an unnamed concentration camp prior to 1937. Nothing like this has ever come to light before and, if true, requires a re-evaluation of previous knowledge about the SS and resistance to the atrocities. The two attempted mutinies occurred in the period before Hitler’s formulation of the Final Solution and before the concentration camps in Poland were constructed.
(continued)
Because of the importance of the conversation, it is quoted at length below. A British army officer asked M222:
BAO: What sort of people were these SS men? Had they been criminals or – ?
M222: No. They were people from outside, who happened to be in the SS; they had all volunteered as guards. I have sometimes spoken to some of them. They said they didn’t all get work immediately. Several were there for three or four days or a week and then went off again. Others felt really happy there ... In 1936, at Easter, or I believe it was 1937, some of the guards even fired on each other.
BAO: Why was that?
M222: We were told that this is what happened. There were three guard platoons with 100 men in each, making 300 in all. It was the turn of one platoon to be on guard every third day, the second had to go out with the working party, and the third was off duty. It was, so to speak, standing-by. It was resting. Round about midday shooting suddenly started: one platoon was trying to disarm the guards and let us out, but that wouldn’t have succeeded in any case.
1/ Russia's ongoing fuel crisis will soon lead to impacts far worse than queues at gas stations, warns a Russian warblogger. A logistical crisis is predicted, accompanied by shortages of raw materials and goods, along with soaring inflation. ⬇️
2/ Russia's huge size means that logistics drivers have to travel great distances between pickup and delivery points. With fuel increasingly being rationed, their ability to do this is being curtailed. 'Intelligence Diary' writes:
3/ "One of the less obvious consequences of the crisis: trucks are waiting in line at gas stations, getting 200 litres of fuel, which is enough for about 300-500 kilometers, depending on the road and the load. That's roughly six hours on average.
En 1937, un arqueólogo peruano descubrió algo imposible tras retirar maleza en los Andes. Bajo la tierra encontró un impresionante acueducto precolombino tallado a mano hace más de 3.000 años que desvía el agua del Pacífico hacia el Atlántico. Tira del hilo 🧵👇🏽👇🏽👇🏽
A 20 kilómetros de la ciudad peruana de Cajamarca se encuentra Cumbemayo, un complejo arqueológico rodeado por un inmenso bosque de rocas volcánicas afiladas. Su nombre proviene de la lengua quechua "kumpi mayu", que significa "canal de agua bien construido".
Este yacimiento alberga una de las obras de ingeniería hidráulica más antiguas y sorprendentes de toda América. Se trata de un canal de agua tallado directamente sobre la roca sólida de la montaña, una construcción que está datada alrededor del año 1.000 antes de nuestra era.
Ticker: $212A.T $212A #212A
Have you ever seen a company trading at roughly 11x EV/EBIT, growing earnings by around 60% YoY, expected to continue compounding at roughly 30% annually over the coming years, consistently beating guidance, operating in an underpenetrated market, while still being almost completely uncovered by analysts?
We have. It is currently the largest core position in our portfolio.
And despite the stock appreciating after the latest results and guidance increase, we continue to hold our full position and even added meaningfully before the latest earnings release. Here’s why.
Before we dive in, one quick announcement.
This will likely be the first and last time we publish one of our full investment deep dives here on X.
Going forward, we’re planning to publish our detailed research, complete valuation models, portfolio updates, new positions, channel checks and multi-thousand-word investment theses on our Substack. If you enjoy deep fundamental research on global small caps, compounders and special situations, we’d love to have you join us there.
👉 substack.com/@arboratorcapi…
We increased our position before earnings
A few weeks before the latest results we decided to significantly increase our position, cca 14 % of our portfolio on the cost basis.
This wasn’t because we expected a “good quarter.”It was because we believed the market was dramatically underestimating what management would have to do with guidance.
Unlike many companies, FitEasy publishes monthly membership data. That gives investors a real-time picture of demand.
By the end of May, the company had already reached roughly 274,000 members, while management’s full-year target was 300,000 members with approximately five months still remaining in the fiscal year.
In May alone, FitEasy added roughly 15,000 new members.
When we looked at those numbers, it became increasingly difficult to construct a realistic scenario in which management would not raise guidance. Even if monthly member additions slowed materially, the company would still likely exceed its original targets.
That was one of the main reasons we increased our position before earnings.
The company subsequently did exactly what we expected:
•raised guidance,
•increased dividend,
•increased payout ratio,
•raised profit expectations by more than revenue expectations.
In our opinion, that last point is actually the most important.
It supports what has been the core of our investment thesis from the very beginning:
FitEasy’s earnings should grow faster than revenue.
Yet the stock is actually cheaper today
One thing surprised us after the earnings release.
Although the stock initially reacted positively, the subsequent pullback means the company is now trading at an even lower multiple than before the guidance increase.
In other words:
the business became more valuable…
yet the valuation became cheaper.
We rarely see situations where:
•fundamentals improve,
•management raises guidance,
•dividend increases,
•earnings expectations increase,
while valuation simultaneously compresses.
That combination is exactly what attracts us as long-term investors.
PART 1— Why FitEasy is our largest position 2/2
Why we believe the market still misunderstands the company
Most investors currently view FitEasy as simply another gym operator. We think that’s the wrong framework.
In our opinion, FitEasy should increasingly be viewed as an asset-light franchise platform with multiple embedded growth engines rather than a traditional fitness chain.
Even more importantly, we believe the market is focusing on today’s reported margins instead of understanding how the revenue mix is likely to evolve over the next several years.
That distinction changes everything.
Today, lower-margin equipment and development revenue represents a significant portion of sales because the company is opening new locations at an extraordinary pace. Many investors therefore conclude that margins are unlikely to improve significantly.
We believe exactly the opposite.
As the installed franchise base grows, recurring franchise royalties should represent an increasingly larger share of revenue. Those revenues carry dramatically higher margins. That means operating profit should compound materially faster than revenue.
Interestingly, the latest guidance revision already points in exactly that direction.
We believe management continues to guide conservatively
One observation we’ve made over the past several years is that management appears consistently conservative when setting expectations.
This year wasn’t the first example.
Last year management also raised guidance during the fiscal year after originally setting fairly conservative expectations. The pattern repeated again. That doesn’t necessarily mean management intentionally underpromises.
It simply means the market may be relying too heavily on official guidance instead of independently modeling what the business could actually earn.
This is particularly important because FitEasy has very limited analyst coverage. Effectively, management guidance becomes market consensus.
If management starts from conservative assumptions, consensus starts from conservative assumptions as well. That creates opportunities.
Why this is our largest core holding
Our investment philosophy is fairly simple.
We look for businesses where:
•the underlying company compounds for many years,
•valuation remains attractive,
•and the market misunderstands one or more structural drivers.
FitEasy checks every box.
Today the company trades at roughly 11x EV/EBIT, despite growing substantially faster than most listed fitness companies globally.
Even more importantly, we believe several structural drivers have not yet begun contributing meaningfully to earnings.
Those drivers include:
•expanding franchise royalties,
•increasing monetization of existing members,
•AI-enabled services,
•higher-margin ancillary services,
•operating leverage,
•and a rapidly expanding ecosystem.
The market is mostly looking at today’s gym business.
We are trying to understand what this company could look like three to five years from now. That difference in perspective is why FitEasy remains our largest position.
In the next part we’ll explain why Japan may currently be one of the most attractive fitness markets globally, why penetration still remains dramatically below Western countries, and why we believe the industry’s runway is much longer than investors currently appreciate.
PART 2 — Why Japan? One of the most overlooked fitness markets in the world 1/2
One of the biggest reasons we invested in FitEasy has very little to do with FitEasy itself. It has everything to do with Japan.
When investors think about Japanese demographics, they usually think about an aging population, slow GDP growth and a shrinking workforce.
Ironically, many of those same trends create an extremely attractive environment for FitEasy.
The market is still dramatically underpenetrated
One statistic immediately caught our attention. Only a few years ago, gym penetration in Japan was roughly 3% of the population.
Today that figure has approximately doubled to around 6%, but it still remains dramatically below developed Western markets.
For comparison:
•United States: roughly 20%
•Western Europe: roughly 15–20%
•Japan: approximately 6%
Even after the recent acceleration, Japan remains one of the least penetrated developed fitness markets globally. That matters because FitEasy doesn’t need to take significant market share from competitors in order to grow.
The market itself is expanding rapidly.This is one of our favorite types of investments: A company operating in a market where the pie itself is getting much larger every year.
Why is Japan changing?
Historically, gyms simply weren’t part of everyday Japanese culture in the same way they are in North America.
That has changed dramatically over the last several years.Several structural trends are now moving in the same direction. 1. Health awareness
Japan has one of the oldest populations in the world. Maintaining mobility, strength and overall health is becoming increasingly important.
Fitness is gradually shifting from being viewed as a hobby to becoming part of preventive healthcare. That creates an enormous long-term tailwind. 2. Digitalization
Japan is rapidly adopting fully automated 24/7 gyms.
Many locations now operate with:
•facial recognition,
•automated access,
•cashless payments,
•minimal staffing.
This dramatically reduces labor costs while improving convenience. Members can visit literally any time of day.
That flexibility is particularly valuable in Japan, where working hours tend to be longer than in many Western countries. 3. Labor shortages
Japan faces one of the tightest labor markets globally. Businesses that require fewer employees gain an important structural advantage.
FitEasy’s operating model is designed exactly for that environment. Automation allows the company to scale without proportionally increasing operating costs. That is another reason we expect margins to continue expanding. 4. Changing lifestyle and sports preferences
Another important trend is the shift in how younger generations approach sports. Traditionally, activities like judo, karate or baseball were far more popular than commercial gyms.
Today, people increasingly prefer flexible 24/7 fitness clubs that fit around busy schedules without requiring coaches or fixed class times. We believe this cultural shift is another structural tailwind supporting the long-term growth of fitness memberships in Japan.
Una statua.
Nel 2019 mi hanno dedicato una statua al Greenwich Village a New York.
Per il 50° anniversario.
E’ stata collocata esattamente in fondo alla strada dove si trova quel famoso bar.
Chi sono e perché quella statua in mio onore nei pressi di un bar?
Un lunga storia.
Sono nata a New York il 2 luglio 1951.
E a chi ha origini portoricane e venezuelane può capitare di nascere in un taxi di fronte al Lincoln Hospital.
Ma gli può capitare anche di peggio.
Per esempio essere abbandonato dal padre appena nato.
Josè Rivera credo si chiamasse.
“Però almeno una mamma l’avevi”.
Insomma.
Solo fino a tre anni, quando mia madre versò del veleno per topi in due bicchieri di latte.
Dopo averne bevuto uno mi disse di bere l'altro.
Dopo pochi sorsi rifiutai di finire il bicchiere perché il latte aveva un cattivo sapore.
1/ President Alexander Lukashenko's unscheduled two-day meeting with Vladimir Putin is attracting interest and speculation from Russian commentators. Unusually, there has been no official comment about what was discussed, nor even a photo of the two leaders meeting. ⬇️
2/ Alexey Zhivov notes:
"No information about the meeting between the two presidents has been released to the press. Not a single comment or photo.
3/ "Obviously, the negotiations were urgent, went poorly, and the final decisions will be made after Lukashenko consults with Xi Jinping.
It's likely that China plays a much greater role in the Ukrainian conflict than it appears from the outside. What is that role?
Lactoferrin ELIMINATED belly fat IN 8 WEEKS - no dieting
That belly fat that won’t go away no matter what you eat or how hard you train?
It might not be a diet problem. It might be an endotoxin problem.
When your gut lining is damaged, bacterial endotoxins leak into your bloodstream. Your body responds by storing fat around your organs. Visceral fat. The dangerous kind you can’t crunch away.
Lactoferrin binds those endotoxins. Neutralizes them. The fat storage signal stops. Your body starts releasing what it was holding.
The study: 300mg daily for 8 weeks.
→ visceral fat area significantly reduced vs placebo (P=0.009)
→ body weight decreased while placebo group GAINED weight
→ hip circumference down
→ zero adverse effects
PMID: 20691130. Published in the British Journal of Nutrition.
Dose: 300mg enteric-coated lactoferrin. Empty stomach. 30 min before breakfast.
fair warning: most lactoferrin supplements are underdosed or missing the enteric coating. without it the compound gets destroyed by stomach acid before reaching your gut. you’re swallowing an expensive nothing.
the compound works. most products don’t. source matters.
been taking this daily for a while now. empty stomach. 30 min before breakfast. non-negotiable part of my protocol
I tested multiple lactoferrin brands before finding one that checks every box:
→ 95%+ purity (most are 60-70% and don’t tell you)
→ enteric-coated / delayed-release (without this it’s dead before it reaches your gut)
→ 300mg per serving (the dose used in the study)
my bloating dropped. digestion got quieter. the stubborn lower belly fat that wouldn’t move for years - it started moving
I wasted over a year on cheaper lactoferrin before finding this one. a year of the loop running while I swallowed expensive nothing. don’t make the same mistake
the one in the photo is what I use. if you want the link - just ask
should explain WHY endotoxins cause fat storage
most people don’t realize this feeds itself:
→ damaged gut lining lets endotoxins leak through
→ your immune system triggers inflammation
→ inflammation drives insulin resistance
→ insulin resistance tells your body to STORE visceral fat
→ visceral fat produces MORE inflammatory signals
→ which damages the gut lining further
it’s a loop. and it accelerates. every month you don’t break it the next month gets harder
lactoferrin breaks the loop by binding the endotoxins before they cross the barrier. stop the signal. stop the storage
«La voiture réchauffe plus les villes que la climatisation»
Depuis quelques jours, j’entends de plus en plus cet argument pour nuancer les rejets de chaleur des climatiseurs.
Qu’est-ce qu’en dit la littérature sur le sujet ?
UN FIL 1/19
Les véhicules thermiques ont trois impacts sur le climat urbain :
1) Les rejets de chaleur de leur moteur à combustion (impact direct)
2) Les aménagements qu’ils monopolisent en ville (indirect)
3) La surchauffe que provoque leurs matériaux une fois garé (direct)
2/19
En ce qui concerne ce dernier aspect, une étude menée à Lisbonne a montré que les voitures noires produisaient une surchauffe très locale à quelques dizaines de centimètres du véhicule.
Mais les apports principaux concernent bien sûr les moteurs :
COVID ages the brain. But we keep hitting the same wall - how do you prove it when the brain changes over years and we only have data spanning months?
A new study tried to get around that wall through a completely different door. Genetics.🧵
The logic is clever. Everyone gets their genes shuffled at random at conception - and some of that shuffle makes people more prone to severe COVID.
Nobody chose that susceptibility. It was dealt randomly, for life, long before any illness. That’s what makes it almost an experiment - one that isn’t tangled up by lifestyle or by the usual which came first problem.
1/24 Z perspektywy Żydów i Polaków postacie Chmielnickiego, Petlury i Bandery mają wspólny mianownik: pamięć o masowych mordach dokonanych przez formacje z nimi związane. Wszyscy trzej są dziś częścią ukraińskiego panteonu narodowego, choć oddziały działające pod ich przywództwem
2/24 ub w ich imieniu były odpowiedzialne za masowe zbrodnie na tle etnicznym, które według części badaczy spełniają współczesne kryteria ludobójstwa.
🔹Bohdan Chmielnicki
Powstaniu Chmielnickiego towarzyszyły masowe mordy na ludności żydowskiej oraz na osobach utożsamianych z
3/24 władzą Rzeczypospolitej, w tym szlachcie, duchowieństwie i części ludności polskiej. Ugoda zborowska z 1649 r. zakazywała Żydom pobytu na Kijowszczyźnie i Bracławszczyźnie, co spowodowało, że dekadę po powstaniu nie istniała tam żadna społeczność żydowska. Większość została
Allah opens doors of success instantly when you read this dua
This is a powerful dua for anyone seeking success in studies, career, life decisions, and rizq.
It can be read when you feel:
• exam pressure
• lack of focus
• career confusion
• desire for growth
• need for clarity
• financial stress and need for rizq