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As I correctly predicted in 2021-2022, Elon’s brand is bigger than ever. With his endorsement and sharing the stage with Trump last week, has catapulted himself front in center of the 2024 election, even upstaging the Donald himself. He and other billionaires impart greater cultural and political influence now than ever before, and this trend… Continue reading The continued rise of billionaires, and the decline of institutions

I saw this going viral America’s Young Men Are Falling Even Further Behind As of August, 89% of this cohort of men were employed or looking for work, more than 700,000 fewer than if the current labor-force participation rate was at 2004 levels, according to an analysis of Bureau of Labor Statistics data by Aspen… Continue reading The mediocre men problem

The claimed population or fertility crisis is still making the rounds in the media, and is a centerpiece of discussion online, too. As I wrote in a 2022 post, the fertility/population crisis is an invention by billionaires and other elites–propagated by both the mainstream media and social media–over the irrational/unsupported fear that the world is… Continue reading There is no fertility/population crisis

Bitcoin Falls To $60000 As Crypto Slumps To Start October: The media are acting surprised that Bitcoin fell on what was supposed to be a historically strong month, October. I was not surprised. I predicted this would happen last week, when I showed a chart showing how Bitcoin would break lower, likely eventually to $50k… Continue reading Update on Bitcoin and Successful Progress on Math Challenge

Interesting post Your Book Review: The Pale King. For a long time I, like so many others, romanticized David Foster Wallace’s suicide. It crystallized him as a tragic figure, eternally 46, handsome, at the height of his powers—we never saw him go gray and saggy, grow uncool, post cringey takes on Twitter. His death preserved… Continue reading David Foster Wallace’s suicide, and why his career trajectory will likely not be repeated

Last week NYC major Eric Adams was indicted on five federal charges, including bribery, fraud and soliciting illegal foreign campaign donations. This is quite serious and the first in New York history. And earlier this year, Democratic Senator Bob Menendez was found guilty on all counts in a bribery trial. So here we have two… Continue reading Trump Still Free as Democratic Elites Fall

I saw this tweet by Nassim Taleb: FOOLED BY RANDOMNESSMy conjecture, expressed on X, that pple w/news in advance don't do well has been tested by Haghani et al. Indeed they failed to really capitalize on information 1) you don't know beforehand what is noise, & 2) overestimate the information (sizing) pic.twitter.com/6pcwrrVOgf — Nassim Nicholas… Continue reading When a Crystal Ball Isn’t Enough to Make You Rich

Time for another Daily View round-up. Haven’t done one of these in a while. Item #1: Bitcoin due for crash as old holders, miners sell: This is so obvious that I have increased my position against it, whilst still long leveraged tech, so I will make money either way from the tech stocks rising and… Continue reading The Daily View 9/26/2024: Trump, Meta, McDonald’s, 2024 Election

Zvi’s2-part review of Nate Silver’s new book On the Edge. Book Review: On the Edge: The Fundamentals Book Review: On the Edge: The Gamblers The reviews are so long, I may as well just read the book. The river vs. village concept seems like repackaging of left vs right, or libertarian vs. left/right, or risk… Continue reading Nate Silver On the Edge: Risk Takers , Getting Rich, and Poker

I saw this Ozempic ‘Very Likely’ to Face Drug Price Negotiations, Novo Says: “It is very likely that Ozempic will be part of negotiations in the coming round, and we’re ready for that,” Ulrich Otte, senior vice president of finance & operations for Novo Nordisk, said Tuesday at Cantor Global Healthcare Conference in New York.… Continue reading ‘Universal Ozempic’ would bankrupt America’s healthcare system for little benefit