Month: July 2024

McDonald’s misses Q2 estimates across the board, as consumers pull back on dining out. Nonetheless, McDonald’s stock surged $10, suggesting it’s not a big deal or that the worst is over: No one cares that the food is more expensive. It’s not as big of a deal as the media hype would suggest. There is… Continue reading McDonald’s is a premium product now

Bitcoin 2024 conference is over. Bitcoin peaked at $70k last night, and now crashing to $68k, which is where it was before the conference. So I was right that it would be a dud and fail to boost the price, and as of writing this, Bitcoin keeps falling. Trump promised a bunch of stuff: -Creation… Continue reading Trump promises to commute Ross Ulbricht’s sentence

In earlier posts , I try to answer why the American intellectual-class/tech-elite, like the intellectual-web such as on Hacker News and on Twitter, have such a fondness or affinity for the Chinese upper-class/educated-elite compared to the elite elsewhere in the world, like the British, French, or German elite. Why China? Britain and Germany are much… Continue reading The China-US Connection

I saw this going viral: A new study demonstrates that ultra-processed milkshake high in fat in sugar does NOT cause a brain dopamine response This study examined the brain dopamine response from ingestion of an UP milkshake & obese & non-obese subjects Not only did dopamine not increase, there was no… — Layne Norton, PhD… Continue reading Variable response is not the same as no response

1. The 2024 Bitcoin Conference will soon be underway. Tomorrow the biggest collection of grifters will gather in Nashville for the 2024 Bitcoin conference. Just like in 2022 and 2023, the conference will be a dud and fail to make the price go up, even with Trump speaking. Given that Bitcoin is crashing again after… Continue reading The Daily View 7/24/2024: Bitcoin Conference, Biden is Out

Vance has gotten an unusually large amount of attention compared to what is otherwise typical for a VP nomination. People are wondering what does Vance mean for Trump’s likely second term? I think people are overreading into the implications of Vance. He’s not going to do anything. There will not be anything close to a… Continue reading Do not expect much from Vance

As everyone knows, CrowdStrike has been implicated in the largest IT failure ever, leading to mass outages and millions of people being inconvenienced. Flights were grounded. Hospital systems were down. For 3-4 hours in that early Friday morning, the world had been put on pause, until Cloudstrike cobbled together a fix. Remarkably, Cloudstrike stock was… Continue reading Incompetence at Scale

I saw this article going viral, about the rise and fall of Bell Labs: What would it take to recreate Bell Labs? The Cold War era saw the rise of ‘genius collectives’–large institutions which employed a lot of smart people for research and development purposes. This included such organizations as the RAND corporation, Bell Labs,… Continue reading The decline of Cold-War era ‘genius collectives’, and the rise of human capital

Item 1: Tech stocks fall a lot on Trump comments . It’s interesting how there are now effectively two presidents: Biden, president de jure, and Trump, the de facto and presumed future president given Biden’s recent spiraling decline. So this means Trump’s comments carry the same weight as if he was president. This works to… Continue reading The Daily View 7/17/2024: Trump assassination attempt analysis, and more

This was a good, solid VP choice. Vance is qualified and smart, two attributes you want in a VP, as Trump’s advanced age (and now the threat of being assassinated) makes his choice more important than typical of the VP selection process. People are wondering what the implications of his choice are. There will not… Continue reading Trump selects J.D. Vance as VP