Reign of Terror Begins: Twitter Bans Milo

Twitter Bars Milo Yiannopoulos in Wake of Leslie Jones’s Reports of Abuse This is unprecedented because it’s the first time Twitter has banned the account of a major public figure for alleged ‘TOS violations’. Usually it’s ‘one strike and you’re out’ for accounts with fewer…

Post-2008 Wealth Creation: A Guide, Part 4

This is the penultimate installment of the post-2008 wealth creation guide. In part three, I discussed shorting inverse leveraged funds like SPXU and SPXS, which are 3x inverse versions of the S&P 500. As of 7/20/2016, SPXU is trading at 23.50. Shorting $10,000 worth would…

Robert Shiller…Wrong About Real Estate

Whether it’s Joseph Stiglitz, Paul Krugman, Daniel Kahneman, or Obama (the Nobel committee took a huge dent in credibility after that), even Nobel laureates are not beyond reproach. Now it’s Robert Shiller, another liberal Noble Prize recipient who has been wrong about wealth inequality and…

Malcolm Gladwell – Bait and Switch

Don’t bother me with the details, man, I’m just telling stories It’s understandable why Malcolm Gladwell has kept a low profile in recent years, giving fewer talks and writing fewer columns and books. After a lucrative career as a public pseudo-intellectual spanning 15 long years…

The Trajectory of America

From Social Matter: SWPLs, Amerikaners, The Alt-Right, And The Coming State This passage stood out: The system is decaying and unsustainable. It is increasingly liquidating a limited pool of capital to keep the economic charade going, while all the real productivity, and the culture of…

Liberal Smugness, or Something Else

The smug style in American liberalism Beginning in the middle of the 20th century, the working class, once the core of the coalition, began abandoning the Democratic Party. In 1948, in the immediate wake of Franklin Roosevelt, 66 percent of manual laborers voted for Democrats,…

Post-2008 Wealth Creation: A Guide, Part 3

I intend to make good on my promise of an investing strategy. In part one, I discuss how we’re in a ‘winner take all’, ‘bigger is better’ economic environment dominated by large entities – be it multinational corporations, large content providers, the S&P 500, and…

Fixing the Student Loan Debt Crisis and Reforming Edcuation

From Demos: Why Education Does Not Fix Poverty The author lists some reasons why poverty has not fallen in spite of the US population becoming more educated: First, handing out more high school and college diplomas doesn’t magically create more good-paying jobs. When more credentials…

Post-2008 Wealth Creation: A Guide, Part 2

In part one, I set the economic backdrop behind the method. In part two, I’ll describe the the first part of the method, and then later, in part three, the mathematics of why it’s so effective. As a disclaimer, knowledge in option trading, ETFs, and…

Post-2008 Wealth Creation: A Guide, Part 1

Entrepreneurship is too hard, America’s ‘pioneer spirit’ is gone, and the news is pretty much a waste of time. Blogging, writing, etc. also mostly a waste of time and usually doesn’t make money. In our post-2008 winner-take-all, bigger-is-better economy and society, instead of trying to…