Month: May 2023

Are we finally seeing ‘go woke go broke’ become a reality’? Until recently, ‘go woke go broke’ was more like wishful thinking. Post-Covid, from 2020-2022, woke companies such as Disney seemed impervious, but not anymore. Consider the weak performance of the following large companies, Nike, Disney, Anheuser-Busch Inbev, and Target relative to the S&P 500… Continue reading Is ‘go woke go broke’ finally happening, thanks to Elon and Twitter?

Right again: Ark’s Cathie Wood sells Nvidia stock at the bottom, missing out on huge rally. Ark has significantly lagged the QQQ/Nasdaq index, as I predicted in 2022 and early 2023 it would: Ark is down 11% over the past year compared to 13% gains for QQQ. No matter which timeframe I choose, Ark is… Continue reading The daily view 5/29/2023: Ark, Bitcoin Keeps Lagging Tech, DeSantis vs. Trump

Interesting article: How to write like Malcolm Gladwell: Prose style and structure in The Tipping Point. Malcolm Gladwell’s books have been derided, by both sides of the aisle, for making claims that are dubious or do not stand to scrutiny. Yet his books are influential and sell well. Concepts or memes such as the “10,000… Continue reading A single story is worth a million studies

He’s right: It’s hormonal. I have no patience for the “just go to gym and diet,” people. They have 0 clue. For some people, there’s legitimate GLP-1 dysregulation. They should look into semaglutide etc. Dieting is so bizarre, it’s treated like morality or something. — Cernovich (@Cernovich) February 23, 2023 According to some seemingly arbitrary… Continue reading Semaglutide and religion: Why it’s not about the weight loss

I saw this tweet going hugely viral: "1990s middle class lifestyle" means 3-bedroom house, 2 cars, annual family road trip holiday, every 5 years overseas holiday, the 2-3 kids go to solid 4-year colleges, something like home roof repairs is financially non-catastrophic.In 2022 I've described a 400K/yr+ household. — Jacob Shell (@JacobAShell) December 19, 2022… Continue reading Boomers had it easier? It depends

From Richard Hanania Interracial Crime and ‘Perspective’: The truth of the matter is we have a disgraceful amount of crime in the US, and the costs are not simply a matter of the number of people robbed, raped, and killed. It’s also a tragedy that what could be some of the most valuable urban real… Continue reading America and Violent Crime: Perspective is Still Needed

There is a saying, “If you have to explain the joke, you already killed it,” or something to that effect. I think this describes recent, post-2021 society and discourse. We live in an era in which we’re constantly having to explain the joke, to avoid the repercussions of being misunderstood, either because the stakes have… Continue reading Explaining the joke

I have not been keeping up with the day-to-day developments and media coverage of the Trump and DeSantis campaigns. To call it a horserace is an understatement. Everyone on Twitter, on either the pro-Trump or pro-DeSantis side, is looking for the smallest of reasons or evidence for their unfavored candidate losing. Is DeSantis losing the… Continue reading Too early to speculate on 2024 election

In 2022/2023 I predicted ‘big tech’ (e.g. TECL, TQQQ, QQQ, etc.) is going to massively outperform Bitcoin as the stock market recovers: “…the prediction has a second part, which is that Bitcoin will lag 3x funds, TECL and TQQQ . So I can be wrong about the first and right about the second.” And also… Continue reading Bitcoin continues to lag QQQ/big tech, right again

A common argument is that rich people can buy their way to success. I have argued that commentators, on either side of the aisle, overestimate the importance or conversion rate of money into influence. Money is necessary for tangible things, such as houses and cars. It’s not so great for buying a legacy, intellectual credibility,… Continue reading How to blow $1 million (when cryptocurrency meets hubris)