Item 1: Closed out GME at profit. It could have been more, but profits are better than losses. It began to crash this morning as the luster faded. We see the mainstream financial media and social media (as if there is a distinction between the two anymore) working in concert to create as much hype… Continue reading The Daily View: GameStop Falls, Bitcoin Falls (again), Test-Optional Struck Down

Added to some GameStop (ticker: GME) a month ago when Keith Gill (aka Roaring Kitty) first returned, at around $26/share. So far I’m up considerably on the position. It was a small allocation relative to my overall portfolio, but it did contribute probably a few percentage points to my overall year-over-year return, so it was… Continue reading The justification for buying GME, and how GME is manipulated

Freddie deBoer takes a shot at Matt Yglesias for failing to appreciate the role his privileged background played in his success: The last point gets to what some will call a personal attack, but which I think is actually entirely impersonal: he reminds me very much of other rich kids I’ve known who have never… Continue reading Talent is a Scarcer Resource than Wealth

GameStop surges after meme stock investor ‘Roaring Kitty’ resurfaces online. After a three-year slumber, Keith Gill aka Roaring Kitty, resurfaced on Twitter to promote GameStop stock. The resulting hype, harkening back to the ‘meme stock’ days of 2021, sent GameStop shares surging as high as 100% on heavy volume, and then as much as 50%… Continue reading SEC Inattention to GameStop Manipulation Proof of Double-Standard Favoring Celebrities

Sam Bankman-Fried, the disgraced former CEO and co-founder of the dissolved cryptocurrency exchange FTX was sentenced to 25 years in federal prison. His meteoric rise and literally overnight downfall is symptomatic of a society in which individual success is the ultimate thing to aspire to, in which low-level sociopathy is an asset or a means… Continue reading Sam Bankman-Fried’s Indictment is an Indictment on Society

The big story is Trump was convicted yesterday on 37 of 37 counts by a New York jury in his hush money criminal trial. Even though technically he broke the law, as that is what a guilty verdict implies, the whole thing is transparently politically motivated and is procedural theatre. Hardly anyone, even on the… Continue reading Trump found guilty in hush money trial

From Integrity Talk: We’re on the Verge of Reversing Obesity. The good news is Tirzepatide and Semaglutide are the most effective non-surgical weight loss treatments on the market. The bad news is this is a low bar. I think it’s premature and unsupported by the evidence to say we’re on the verge of reversing obesity.… Continue reading Tirzepatide and Semaglutide will not solve the worldwide obesity epidemic, but are a good start nonetheless

Models by definition are pretty unyielding. They do not care for our hopes or wishes. But that makes things easier in some ways because all you have to do is follow or do what the model stipulates and you will almost always come out ahead or a winner at life. As someone who reads a… Continue reading Choosing the right model of the world

Interesting Vox Day article: How to Recognize VHIQ. Vox discusses superficial outward indicators of very-high IQ: For me, the first sign is always the eyes. Highly intelligent people tend to have a penetrating quality to their eyes, particularly when they aren’t interacting with anyone and aren’t aware they are being observed. It’s often described as… Continue reading How to Recognize VHIQ

Scott Greer: Going on welfare instantly revokes your white card — Scott Greer 6’2” IQ 187 (@ScottMGreer) May 10, 2024 He got pushback because he generalizes all whites who may go on welfare for legitimate reasons as moochers. In an attempt to go viral with a catchy-one liner, he lumps in many whites who are… Continue reading Whites on Welfare