Category: Uncategorized

1. META stock is surging like I said it would, now at $137. It’s going back to $350 soon, maybe in a few years. Four months ago the experts had written it off, and then it suddenly surged from $90 to almost $140 like nothing. The gains will hold. META makes so much money from… Continue reading The daily view: 1/12/2023

Without fail pundits are trotting out their proclamations about how AI will make {fill in the blank} job obsolete. This year it’s OpenAI. Last year it was DALL·E that was supposed to make artists obsolete. Even as far back as a decade ago, AI was predicted to make lawyers obsolete, among other professions: Armies of… Continue reading Fears of job loss due to AI are probably overblown

Saw this going viral a few days ago America needs carpenters and plumbers. Gen Z doesn’t seem interested Gen-z is smart enough to know where the money is at. Either it’s on social media (which offers a small chance to earn a ton, such as Instagram reels) or with white-collar jobs (which offers consistent, large… Continue reading Little surprise that gen-Z is avoiding low-skilled jobs, the trades

The SBF trial is set for October 2023. I think this is too long and it should be sooner. If the evidence exists to convict, then why delay so long? But this hardly constitutes a get-out-of-jail card. If anything, I would think he would want to get it over with than have to delay the… Continue reading SBF getting bail is not a ‘good deal’

Belated 2023 predictions: Prediction 1: Turkish stock market and ETF (ticker symbol: TUR) will crash in 2023. So will the Turkish lira (USDTRY). I forgot to add this in my original post. Turkey has the same problems that have plagued it from 2013-2021, such as brain drain, low IQs, lack of foreign investment, hyperinflation, incompetent… Continue reading Revising some predictions, belated 2023 predictions

In this post I will expand on why the dissident/alt-right crashed so hard, especially since 2020, and was unable to get back up, and likely never will. Social movements come and go in waves. Richard Spencer for example used to be a major thought leader; not so much anymore. Same for a bunch of other… Continue reading The post-2020 downfall of the alt-right: some explanations

Richard Hanania wrote a good post about how the Right, since 2020, has succumbed to the same sort of victimization-culture and pearl clutching as seen on the Left. Neither side is immune to being easily offended. It’s just that the left gets offended by different things compared to the right. He writes: Moreover, talking about… Continue reading How victimization and cheap political point-scoring hurt the right

I don’t think annual prediction posts are that useful. Hardly anyone gets most of their predictions right, but it’s a tradition among bloggers to post annual predictions, and it’s fun to do. It’s hard enough getting the facts right, let alone the future. 2022 correct forecasts: -I was right about BTC & MSTR crashing and… Continue reading 2022 scorecard, and my predictions for 2023

For the past few months been making good money trading Bitcoin. What I do is I short Bitcoin on Sundays (using Coinbase, Deribit, and other brokers) and weekdays. After the stock market opens, at 6:30 AM PST (although I may do it 15-30 minutes before the open), I short Bitcoin and or Ethereum while also… Continue reading Trading Bitcoin for Fun and Profit: My Method, and Insight into Renaissance Technologies

Great article by Freddie We Need to Talk About Nepo Babies Because We Live in a “Just Deserts” Culture…he ends with: The simple reality is that we aren’t in complete control, or even mostly in control, of our own destinies. Thanks to chance, genetics, the whims of others, the vagaries of fate. And I do… Continue reading The Limitations of Wealth and Fame at Guaranteeing Success