Shaun Syvertsen

Enabling great enterprise user experiences. Managing Partner at @Convergent_IS. This account is my personal opinion.

[Shaun Syvertsen @shaunsyv]

@JustinTrudeau Long-term investments are very different from salary. Pretending they’re the same is pandering.
Investments in Canada are what pay for the salaries and growth we need. Time to listen to Bill Morneau - he really understands national level finance. This is the tax change to axe.

[Kevin in Alberta @kevin_inalberta]

Justin, I appreciate your sense for 'fairness', but let's not forget that a big part of capital gains is not real income, it's inflation.

In fact, with high inflation and low rates of returns, it's possible to be taxed on a loss as though it were income.

Let's take an example to make this more concrete.

Total CPI peaked in June 2022 at 8.1%. Let's assume an investor sold a stock that earned a 4 % return in nominal terms, but during the time of that return, inflation was high, like in June 2022.

In real terms, that investor has lost money, but is going to be taxed as though he made money, since taxation is in nominal dollars, it is not inflation adjusted.

A similar situation would apply if e.g. someone sold a cottage that appreciated. A large part of that increase will be no more than inflation.

Is it fair to tax people on inflation, particularly when inflation is being spurred on by government spending?

[Roberto Rios @peruvian_bull]

Let me get this straight:

SVB's Chief Administrative Officer was the CFO of Lehman Brothers' Investment Bank when it collapsed.

SVB's Chief Risk Officer was the Managing Director at Deutsche Bank during 2008 AND led credit ratings in 2007.

The CEO was a director at the San Francisco Fed from 2019 to the present.

You can't make this shit up ....

[WallStreetPro @wallstreetpro]

Hilarious. The Chief Administrative Officer at #SVB used to be the CFO of Lehman Brothers' Global Investment Bank when it collapsed. 🙈

Credit: @AutismCapital

[WallStreetPro @wallstreetpro]

This keeps getting better. You can't make this stuff up!

#SVB’s Chief Risk Officer was the Managing Director at Deutsche Bank during the 2008 crisis AND led credit ratings in 2007. 😄

Credit: @GRDecter

[Shaun Syvertsen @shaunsyv]

Wishing everyone all the best for an amazing 2023! Happy New Year!

So grateful for our team, our customers, and our partners who have helped us on our journey in 2022, I can hardly wait to see the progress in 2023!

[Shaun Syvertsen @shaunsyv]

@elonmusk Focus. Twitter is a distraction from your other businesses, they need your focus.

[Shaun Syvertsen @shaunsyv]

@CanadaUN @RussiaUN Oh Canada! Nice work!

[Gration D'Mello @GrationD]

Are missed e-mails & phone tag making it hard to effectively work with vendors? @SAP #WorkZone allows simplified two-way #communication between suppliers & employees. Join this webcast to find out more: https://t.co/2FkeZweQbf

[Shaun Syvertsen @shaunsyv]

Fascinating read!
The Terrifying Warning Lurking in the Earth’s Ancient Rock Record - The Atlantic https://t.co/kcVAsvxW90

[Shaun Syvertsen @shaunsyv]

Wow! Fist steps in turning back the age clock. Now if only we understood how and why it worked! https://t.co/ocZwEHgRfC

[Shaun Syvertsen @shaunsyv]

Cliodynamics ... fascinating approach to macro historical trends : The Next Decade Could Be Even Worse - The Atlantic https://t.co/Zckb7b66vU

[Shaun Syvertsen @shaunsyv]

Karma.

[Shaun Syvertsen @shaunsyv]

Some folks could probably use a laugh this morning... Robot Camera Mistakes Soccer Ref's Bald Head For Ball - Futurism https://t.co/1cSBo7eQwq

[Shaun Syvertsen @shaunsyv]

@kevinharding @mec I’m deeply concerned that the board has not met their duty to the company in this move. I’m in to help get this train back on the right track. Hope others are too even if only by donation.

[Shaun Syvertsen @shaunsyv]

Unnecessary sale that should be stopped if it can be. The board should give their head a shake. #savemec https://t.co/JEvpHsrt32

[Shaun Syvertsen @shaunsyv]

@kevinharding @mec The board needs to try harder. This was not in the spirit of a coop. Thanks for the link. https://t.co/faRXpXpMgn is good for all members to review.

[Yannick Peterschmitt @ypeterschmitt]

In our first partner episode, we welcome @shaunsyv, CEO of @Convergent_IS, to share his experiences with @ypeterschmitt on supporting customers go live with #S4HANA. @SAPCloudERP https://t.co/HQwAEm6Ovr

[Shaun Syvertsen @shaunsyv]

@shubhammishra24 Hmmmm. None for me thanks :-)

[ConvergentIS @Convergent_IS]

We don't often make statements like this. We believe in leading by example. In the context of current events, we feel compelled to share our views. Check out our About Us page for the full statement!
https://t.co/JNRwZ1FHtG