Reclaiming The White House With Pro-Growth Policy

Economist Morici: Obama Destroying Americans’ Faith in the Country The GOP should return to be being the party of growth and optimism, says expert. “We need to stop obsessing about the fed and deficit and focus our attention to the most successful policies of past…

Some Thoughts on Capital and Risk

From Ashok Rao’s Inequality of Returns and Reinvestment Opportunity: – the only real source of long-run returns – is far more skewed than that of wealth ownership. The bottom 95% own all of their wealth in two forms: Explicitly: Home ownership which forces saving over…

Taleb Loses Debate, Blames His Opponent

Nassim Taleb Debated Larry Summers Last Week, And He Is NOT Happy With How Summers Behaved derr risks..derr risks..derr didn’t know derr risk..derrr..derrr ROFL cry me a river. Did the liberal Nicolas Nassim Taleb lose his temper once again, in addition to his debate with…

Extraversion and IQ

In response to Steve Hsu’s article Life impacts of personality and intelligence, Lion responds: The evidence here is that unless people with top 1% math ability can use that to get a prestigious degree which can then enable them to get hired into a prestigious…

Eight Things About The Market That Don’t Worry Me

Much Ado About Nothing Joshua M. Brown lists eight alleged concerns for the market. Usually he’s right, for example, being bullish in 2012, but he’s wrong here. Most of these items are either not a big deal or paradoxically bullish for equities. When something is…

An Indebted Generation

From the WSJ: Congratulations to Class of 2014, Most Indebted Ever As we wrote yeterday, although a college degree is an important factor for lifetime success, not everyone is suited for higher education. Misguided policy by well-intentioned individuals has encumbered millions of low-aptitude students with…

Getting Rich in The Smartist Era

rom Business Insider If You Invested In Apple Stock, Gold, Or A Bay Area Home In 2012, This Would Be Your Return Today The winner is Bay Area homes followed by the S&P 500 This agrees with our earlier commentary. In the smartist era –…

The Smartist Era

IQ, race/HBD (human bio-diversity), economics, and education. These ‘four horsemen’ are indispensable, inseparable, inescapable and are more relevant than ever in the 21st century. For example, trying to fix education boils down to understanding that the IQ gap between individuals or different groups is a…

Being Early is No Better than Being Wrong

Castlight Health (CSLT) surged from $10.06 to $15.6 in just four days after Seeking Alpha wrote a pretty damning hit piece on it. Here’s what’s really stupid. I thought I would bet against at what the time was a 43% gain, but I was early….

Some Thoughts on IQ and Eugenics

As quoted by Marginal Revolution poster, So Much for Subtlety: But that is the difference between the old fashioned British-origin American Establishment and its Radical heirs. The Old School believed in their own values, especially things like academic freedom and the importance of public debate….