Month: May 2022

From Freddie deBoer again Nobody Walks Around Feeling Valid: Of all the toxic and disheartening elements of the internet era, the worst is the way that our concept of human value is so often seen as purely crowdsourced, I think. It’s resulted in an internet where a huge portion of the activity ultimately amounts to… Continue reading Backtracking, Authenticity, and Validity

Another correct prediction: MicroStrategy (MSTR) has officially given up all its BTC gains: The reason why MSTR is lower despite Bitcoin still being at $29k is because from 2020-2022 Saylor took on billions of debt to buy Bitcoin at an average price of $32k, so he’s underwater by 10% as of writing this. But it’s… Continue reading That tweet aged poorly

I saw this Lyn Alden article Investing During Stagflation I think the main problem is that stagflation is so uncommon that it’s not possible to predict which assets or investments will work. There is just not enough data to work with. You have to go as far back as the ’70s or maybe the early… Continue reading Hedges against inflation, stagflation

I saw these two articles going viral: College Became the Default. Let’s Rethink That., by John McWhorter, and College Was the Biggest Mistake of My Life, by Jamie Paul. McWhorter’s criticism is more nuanced, but yet again, we see another well-educated individual who parlayed his prestigious degree into a good-paying, high status career who now… Continue reading Pushing Back Against the anti-College Movement, some thoughts

I saw this article by Moldbug on Compact Mag, Elon Musk’s Twitter Revolution. Too bad they have now put all of their content behind a paywall. I don’t understand why they would do this when it cuts off potential traffic and viralness. From the passages that are not paywalled, he writes: But if the deal… Continue reading Reinstating Trump would boost Twitter’s earnings, user engagement

I saw the Reddit post Is investing based on the speculation of infinite growth? going viral While I have been in the stock market for two years, and I have seen my portfolio increase I now have a concern as a long term investor. Over the past several decades we have seen the S&P provide… Continue reading GDP vs. Profits Paradox: Strong Returns in Slow Growth Environments

MicroStrategy (ticker: MSTR) CFO admits that MicroStrategy could face a margin call if Bitcoin falls below $21,000. In other words, it will need to put up collateral. As I said last year, MicroStrategy will likely be insolvent if Bitcoin was to fall to $10,000 and would have to raise capital, likely at very unfavorable terms,… Continue reading The Daily View, 5/5/2022: MicroStrategy, Facebook , Abortion

Hedge funds continue to falter: The Great Exodus Out of Hedge Funds Hedge funds struggle to lure new money as performance lags In one of the most volatile markets in decades, active fund managers underperformed again Cathie Wood’s ARK Innovation ETF has lagged the Nasdaq since 2018—while collecting over $200 million in fees LIVE MARKETS… Continue reading The billionaire scam

Search interest in Ukraine, not surprisingly, has collapsed: It’s been over 2 months since the invasion began. What happened to imminent threat of nuclear war or ww3? Over so soon? Over and over, we see a recurring pattern of things that are hyped by the media as a crisis, failing to live up to that… Continue reading The daily view: 5/2/2022

Saw this anti-Tucker Carlson infographic going viral https://www.nytimes.com/interactive/2022/04/30/us/tucker-carlson-tonight.html Of course the NYTs is defaulting to the usual pearl clutching, because heaven forbid some people are skeptical of ‘health experts’ or the outcome of the 2020 election. If we want to blame Tucker for Jan 6th, then we must also blame the left-wing media for the… Continue reading Tucker