Michael Saylor’s Big Bitcoin Purchase

Michael Saylor’s MicroStrategy Purchased 18.3K More Bitcoins for $1.1B: The new purchases was made at an average price of $60,408 per token, Executive Chairman Michael Saylor said in an X post on Friday morning, boosting the company’s holdings to 244,800 BTC. MicroStrategy’s cost basis for those holdings is $9.45 billion, or an average price of… Continue reading Michael Saylor’s Big Bitcoin Purchase

One man’s job-seeking plight shows the contradiction of IQ discourse

I saw this going viral: I’ve applied to nearly 2,200 jobs and am ready to give up, by Kevin Cash, a 43-year-old Portland, Oregon resident: I’ve been spending less time in front of my computer these days because I’m almost up to 2,200 job applications. With the results I’ve gotten, my plan at this point… Continue reading One man’s job-seeking plight shows the contradiction of IQ discourse

Trump loses debate, but I am not concerned

The debate pretty much went exactly as I expected. Trump covered all the bases, such as attacking the administration (I have to periodically remind myself Biden is still technically in charge) on Afghanistan, which he called “…one of the most incompetently handled situations anybody has ever seen.” Same for immigration. Things began to go downhill… Continue reading Trump loses debate, but I am not concerned

The Wordcel Advantage

Regarding the wordcel-shape-rotator dichotomy, due to skill transference, I have observed that the latter are well-above average at the former (e.g. Curtis Yarvin, Marc Andreessen), but the opposite is not necessarily true. It’s not like one is better than the other, but I think the wordcels have a slight edge. Sure, shape-rotators make more money,… Continue reading The Wordcel Advantage

Dr. Jordan Peterson: The Most Terrifying IQ Statistics, Thoughts on IQ

This is an interesting IQ video by Dr. Jordan Peterson: Some highlights: -There are many ways to be smart, but only a single way to be dumb. As you go higher in IQ, people tend to have more lopsided subtest results, like being exceptional at quantitative ability but maybe only above-average at spatial. -There is… Continue reading Dr. Jordan Peterson: The Most Terrifying IQ Statistics, Thoughts on IQ

The forever-rise of elites

I saw this from Marginal Revolution: A simple theory of which thinkers support the elites, or not: Noam Chomsky, for instance, has lowered the status of American elites. That is his net long-run effect, not that he drummed up sympathy for the Khmer Rouge. A lot more people, for better or worse, are more skeptical… Continue reading The forever-rise of elites

How confusing correlation with causation led to a $107.17 billion coffee business

A month ago I had a realization that it’s not the caffeine in coffee that provides stimulation, but rather all the sugar and fat mixed into it. In confusing correlation with causation, people think it’s the caffeine that engenders the productivity-boosting alertness, but it’s actually all the sugar and fat. In other words, it’s the… Continue reading How confusing correlation with causation led to a $107.17 billion coffee business

Optimality

I have been thinking about society, especially as of 2024 with the presidential election on the horizon, such as the constant backdrop of negativity and pessimism on social media juxtaposed with the otherwise strong US economy and stock market (the so-called ‘vibe shift’ or ‘vibes theory’). It’s something that I had not been able to… Continue reading Optimality