Author: smartistone

Through the Flynn Effect and the American public school system – the most rigorous and difficult one in the world – today’s generation, also known as the millennials, is smarter than any preceding generation, and this is another reason to be optimistic that stocks and Bay Area real estate will keep going up, why America… Continue reading The Smartest Generation, Part 2

Still a slow news cycle with the usual Ebola, Iraq, Gaza and Russia stories. The S&P 500 fell 2.5% last week. Just another dip buying opportunity for those keeping score at home. But some are probably asking, “How can it be a slow news cycle with all that stuff happening?” The outcome of these events… Continue reading Investment Idea #1 with SVXY

Why can’t optimism over the economy and support of the fed coexist with HBD (human bio-diversity) and right-wing and libertarian ideologies of the blogosphere? Through the Grey Enlightenment, I’m trying to forge such a connection, but the results have been poor. With the exception of Reddit and a handful of sites, in general, there is… Continue reading Why Can’t Optimism Coexist with HBD?

Huge earnings from Tesla: Tesla reported adjusted earnings of $0.11 a share, beating Bloomberg’s consensus for earnings of $0.04 a share and loss of $0.26 a year ago. Revenue came in at $857.5 million, versus a consensus estimate for $813 million. Of course, the libs cry ‘socialism’ because Tesla got a loan and subsidies; the… Continue reading Tesla Reports Huge Earnings; Score One for America and Capitalism

Not much going on in this glacial news cycle. Just the usual blah blah blah about Iraq and Putin, like ambient noise of the air conditioner. The gloomers like Aaron Clarey say that America will enter a major decline due to too much debt and the usual factors that have already been covered to death,… Continue reading Enjoy the Decline? No thanks

If you go on most conservative sites, the decay of the ‘family structure’ in America tends to be presented as a predominantly African American and Hispanic problem, and this is true, but it may come as a surprise to some that outside of America, in predominant white countries, out of wedlock birth and cohabitation has… Continue reading Out of Wedlock Births: Not Exclusively a Black Problem

America’s Poorest Shoppers Are Putting Discount Stores Out Of Business Sensationalism at its worst and yet another example of liberals, such as the author of the article, wanting to see successful businesses fail or the predicting failure of successful business. Same goes for liberals freaking out over Putin – lots of hype for clicks and… Continue reading Today’s Example of Bad Journalism

I’m taking my own advice to stop reading the news, but unfortunately that means less to blog about. Anyway, last Friday I discussed low volatility “Madoff’ portfolios. One of the most important statistics to keep in mind when constructing a portfolio is the Sharpe Ratio, which measures the risk adjusted return. A low ratio means… Continue reading High Sharpe Portfolios

Cannot tell if this is good news or not, but, in 2013 dollars, the wealth of middle class is below where it was before the recession: The Typical Household, Now Worth a Third Less: The inflation-adjusted net worth for the typical household was $87,992 in 2003. Ten years later, it was only $56,335, or a… Continue reading Most Americans Poorer Than Before Recession