Here is an example of one of the more common arguments that we’re in a tech bubble and or that the reign of Amazon, Google, Microsoft, and Facebook are unsustainable: The largest market cap companies in a given decade, overwhelmingly tend to be under-performers in the following decade. It’s a trend that has repeated decade… Continue reading Not Worried About Tech Valuations, the saga continues
Month: November 2017
Link Round-up Edition
Column: Donald Trump’s biggest flaw: He’s not that bright He taps out tweets that flagrantly contradict what he tweeted when Barack Obama was president, making himself look ridiculous. When he holds forth on policy issues, it’s excruciatingly apparent he has no idea what he’s talking about. So apparent that he cannot list a single example…… Continue reading Link Round-up Edition
No, the far-left and the far-right are not the same
This is going viral on /r/jordanpeterson, getting over 760 votes: Although Dr. Peterson condemns extremism on both sides, it’s obvious to anyone who listens to his lectures and speeches he’s not the centrist some think he is. The middle column suggests no value system, but Peterson has a right-of-center Christian traditionalist value system. The far-left… Continue reading No, the far-left and the far-right are not the same
Is grit the true secret of success? no
Kinda old but still interesting Is grit the true secret of success? What does it take to do really well in life? The answer is an emphatic ‘no’ and anyone who believes it is, is deluding his or her self. It’s no different than feel-good nonsense espoused by Gladwell books, particularly his 2008 book, Outliers.… Continue reading Is grit the true secret of success? no
Why Intellectuals Like Trump (or at least don’t hate him)
During the 2016 election, the media perpetuated the following narratives about Trump: that he’s not an intellectual, and that intellectuals hate him. The first (at least going by the public image he projects) is true, but the second, somewhat surprisingly, isn’t. Many intellectuals like Trump because he makes no pretense of being an intellectual. In… Continue reading Why Intellectuals Like Trump (or at least don’t hate him)
Scott and Postmodernism
Scott and postmodernism A few days ago, Scott offered a sort of layperson’s guide to postmodernism, Postmodernism For Rationalists (my attempt). I thought it was a good write-up, but enough didn’t that Scott felt compelled to write a follow-up essay to defend himself. Part of the problem is that Scott is trying to make concrete… Continue reading Scott and Postmodernism
Trump: Managers vs. Commanders
Who Knew Trump Would Be a Weak President? It’s a little early to say he’s totally ineffective [according to the left, Trump is the embodiment of Hitler when he succeeds or weak and incompetent when he doesn’t], but I predicted this months ago (even as early as February), calling Trump more of a ‘manager’ than… Continue reading Trump: Managers vs. Commanders
Why it does not matter that Tesla is losing money
On 11/2/2017, Tesla stock [disclosure: I do not own Tesla stock] fell 5% to $300 after reporting a larger than expected quarterly loss: Tesla posted a record quarterly loss of $619 million as it struggles with Model 3 production Tesla shares drop after posting wider-than-expected loss Although Tesla stock fell from as high as $390… Continue reading Why it does not matter that Tesla is losing money
The Postmodernism Boom
We’re presently in a Bitcoin boom, a tech stock boom, but a postmodernism boom? By a ‘postmodernism boom,’ I don’t just mean more postmodernism ideologically (although that too is part of it), but an increased interest in the subject of postmodernism itself as measured by debate and discussion of postmodernism on Reddit and elsewhere. Even… Continue reading The Postmodernism Boom
Bitcoin at $7,000
What was thought to be impossible has happened Related: Bitcoin at $3,000