The Role of Luck in Life Success

The Role of Luck in Life Success Is Far Greater Than We Realized As a hard-line biological determinist, a few years ago I would have dismissed the importance of luck, and although I’m still a determinist, I now realize that luck plays a much bigger…

A Scenario for how America Falters

A couple days ago, I dismissed the possibility of America having the same fate as the Roman Empire. But the question of collapse is a common theme of the far-right, and I wish I had a better answer to the collapse question than “It won’t…

The coin massacre continues

The coin massacre continues: Bitcoin has now fallen 4000 points since I put out my memo 2.5 weeks ago telling people to sell. Will there be a price that if Bitcoin hits, my bearish thesis will be invalidated? The answer is, Bitcoin is never going…

Is America Rome 2.0? Likely not

This article went viral: “Peak Civilization”: The Fall of the Roman Empire A silver mask that had belonged to a Roman cavalryman of imperial times. It was found on the site of the battle of Teutoburg, fought in September 9 a.d. This year, 2009, marks…

Some random thoughts

The news cycle has been pretty slow as of late, with the exception of tariffs and such, which as discussed last week are of scant economic significance despite all media attention. The administration revolving door keeps spinning, with Tillerson, McMaster, and Gary Cohn out. Given…

Do the crime, pay the fine

Even I have to admit, this is sort of an injustice: Theranos, CEO Holmes, and Former President Balwani Charged With Massive Fraud Elizabeth Holmes, the founder of blood testing startup Theranos, has been charged with engaging in a “massive fraud” by the Securities and Exchange…

More thoughts on Bitcoin

A couple days ago, a long-term reader sent me an email asking about my long-term forecast for Bitcoin. As some may have noticed, in the past 3 months or so I turned bearish on Bitcoin. That is correct: I am bearish on Bitcoin in the…

The cards fall: The Truth About the SAT and ACT

This is pretty devastating , as in the truth is devastatingly real The Truth About the SAT and ACT Myths abound about standardized tests, but the research is clear: They provide an invaluable measure of how students are likely to perform in college and beyond…

So long and so much for that

Another Bitcoin post. The bitcoin train wreck continues: I feel bad for those ppl who listened to John McAfee, Tom Lee, and other bozos last year who said to buy when it was at $10k. Bunch of suckers. It has now fallen $2,700 since I…

Your Antivirus Software is Useless (and what I do instead)

One of the biggest threats to cryptocurrency holders is malware, which remains undetected on the system only to manifest itself when coins and other funds inexplicably go missing. Your antivirus software is of little use against the most advanced forms of malware, for several reasons:…