Received an email about Snapchat and Bitcoin. Is Snapchat a buy after the bad earnings report? As of 5/11/2017, Snapchat is down 20% on a weak earnings report, falling from $22 to $18. In an earlier post, I recommend Snapchat in the low $20’s. I argued that Snapchat could either fall to $10 should it… Continue reading Snapchat and Bitcoin
Month: May 2017
Bitcoin Update: $20,000/coin target
This draft was written on March 7th, 2017 when bitcoin was only at $1,300, but I didn’t publish it. With bitcoin having crossed $1,800, it’s more relevant than ever. Bitcoin keeps going up, having crossed $1,300 as of March 3rd, 2017. It was at $1,200 last week March when I wrote Why Bitcoin Keeps Going… Continue reading Bitcoin Update: $20,000/coin target
Why Stoicism
From Medium: The Inadequacies of the Invincible–On the Failure of Stoic Ethics Stoicism is not perfect–no philosophy is–but it works because it’s practical and realistic (wouldn’t it be awesome if one could make society conform to their own expectations, at whim–oh wait, Stalin tried that–apparently, when one tries to impose their values, it means others… Continue reading Why Stoicism
Donald Trump’s IQ is 115
According to Peterson, Trump’s IQ is ‘well-above average’. That can mean it’s as low as 115, or as high as 160. But because he dismisses the latter possibility, it’s probably somewhere closer to 1-2 SD above average (115-130). There are problems when trying to estimate Trump’s IQ: first, it’s hard to know how smart Trump… Continue reading Donald Trump’s IQ is 115
Postmodernism: not just for liberals
This article went viral: Don’t Major in Literature The author, Max Diamond, although mostly correct, despite the pretense of intellectualism, offers a reductionist conclusion: that postmodernism and nihilism are leftist constructs and are always wrong. I don’t think it’s that simple. Foucault, an exponent of the blank slate, denies the existence of an innate human… Continue reading Postmodernism: not just for liberals
Society Needs its Weirdos and Nerds
From Mark Manson: The Surprising Benefits Of Being (Sightly) Crazy Modern society is no different. We need stable, “boring” people to create the stable and boring industries we depend on every day, like the water and electric companies and the grocery store. And we need a lot of these people. They create the backbone of… Continue reading Society Needs its Weirdos and Nerds
Peter Schiff Wrong as Always: How the Trump Tax Cuts may actually be Deflationary
Peter Schiff (not to be confused with Jordan Peterson (although they look and sound similar)), warns the Trump tax cuts will cause high inflation and collapse of the US dollar. Peter Schiff has been wrong about everything, going as far back as I can remember. How he still has any credibility is a mystery. Here… Continue reading Peter Schiff Wrong as Always: How the Trump Tax Cuts may actually be Deflationary
Trump disillusionment, part 2
The Trump derangement syndrome isn’t just limited to liberals, apparently. From Fred Reeeeeed: First Transgender President: Trump Becomes Hillary Glance at a small part of the record and focus on his changing his tune, not on whether you agree with a particular policy. Erratic, erratic, erratic. He was going to run out the illegals within… Continue reading Trump disillusionment, part 2
Bryan Caplan’s “IQ With Conscience”
Bryan Caplan criticizes what he perceives as ‘brutality’ among IQ realists: IQ With Conscience He starts off strong: I’m an IQ realist, all the way. IQ tests aren’t perfect, but they’re an excellent proxy for what ordinary language calls “intelligence.” A massive body of research confirms that IQ predicts not just educational success, but career… Continue reading Bryan Caplan’s “IQ With Conscience”
Don’t call yourself a libertarian
The Undermotivated Apostate: Two Post-Libertarian Case Studies 2. Pro-welfare-state. Libertarians have a standard list of objections to the welfare state. Some – like opposition to universal programs and concern about disincentives – are very strong. But the radical objections are much more debatable. I can easily see someone with libertarian sympathies reluctantly and cautiously advocating… Continue reading Don’t call yourself a libertarian