Why the Customers Don’t Have Yachts, and Why it Doesn’t Matter

The oft-repeated phrase ‘Where Are the Customer’s Yachts?’, the the title of Fred Schwed’s 1940 classic book on investing, has become something of a cultural refrain for greed and self-interest in the financial industry (but also in other industries), of how brokers allegedly intentionally enrich themselves at the expense of their clients. The origin of… Continue reading Why the Customers Don’t Have Yachts, and Why it Doesn’t Matter

Who is to blame: society or the individual

In Classification of Ideologies, I explore the differences between the far-left, the far-right, the centrist-left, the HBD-right, and in-between. Consider a problem such as poverty or unemployment: To the far-left (welfare liberals, Marxists, socialists, SJW-left, etc.), social problems are a failing of society (structural racism, discrimination, capitalism, etc.). The burden is a collective one, to… Continue reading Who is to blame: society or the individual

Malcolm Gladwell Continues to Lose Credibility

The backlash against the 10,000-hours myth/rule keeps growing: The 10,000-hour rule is wrong and perpetuates a cruel myth It’s not surprising why Malcolm Gladwell keeps a low profile these days…his reputation is in tatters, his book Outliers revealed as a travesty of fabrication and fiction that it calls into doubt the veracity of everything else… Continue reading Malcolm Gladwell Continues to Lose Credibility

Why it seems like many high-IQ people ‘underachieve’

As if their earlier article How I Rewired My Brain to Become Fluent In Math wasn’t bad enough, Nauseo.us magazine keeps raising the bar in demonstrating stupidity about all matters pertaining to IQ and intelligence, in their latest article If You Think You’re a Genius, You’re Crazy. We need to raise awareness about Nauseo.us magazine… Continue reading Why it seems like many high-IQ people ‘underachieve’

Grey Notes: Your phone or your life

Lion is over-reading/overthinking this story. Representative Jason Chaffetz is right that people should prioritize essentials, such as health insurance, over discretionary expenses, instead of having taxpayers front the bill–it’s commonsense, and it’s sound financial and budgeting advice–so why so much outrage? Singling out the iPhone may have detracted from his message–possibly a poorly chosen example… Continue reading Grey Notes: Your phone or your life

A Monstrous Mess (collapse & shared narratives)

A Monstrous Mess Painting in broad strokes, I would say that the discipline era began with the industrial revolution and eventually ended due to backlash in the form of the 1960’s counterculture. And what did the discipline era produce? It produced greatest economic and population booms in the history of mankind, the eradication or cure… Continue reading A Monstrous Mess (collapse & shared narratives)

Math, Physics, and Philosophy: Linked Together

I keep seeing threads and posts about philosophy going viral, and not just on philosophy forums but also math and science forums. Philosophy complements STEM–a lot of philosophical questions are being answered (or at least elucidated) with the help of modern math and physics. Also, philosophy is like the liberal art’s version of category theory… Continue reading Math, Physics, and Philosophy: Linked Together