Even I have to admit, this is sort of an injustice: Theranos, CEO Holmes, and Former President Balwani Charged With Massive Fraud Elizabeth Holmes, the founder of blood testing startup Theranos, has been charged with engaging in a “massive fraud” by the Securities and Exchange Commission. The SEC says she and the company’s president raised… Continue reading Do the crime, pay the fine
More thoughts on Bitcoin
A couple days ago, a long-term reader sent me an email asking about my long-term forecast for Bitcoin. As some may have noticed, in the past 3 months or so I turned bearish on Bitcoin. That is correct: I am bearish on Bitcoin in the long-term, both in terms of the technical chart patterns but… Continue reading More thoughts on Bitcoin
The cards fall: The Truth About the SAT and ACT
This is pretty devastating , as in the truth is devastatingly real The Truth About the SAT and ACT Myths abound about standardized tests, but the research is clear: They provide an invaluable measure of how students are likely to perform in college and beyond (the article may be pay-walled depending on your browser settings… Continue reading The cards fall: The Truth About the SAT and ACT
So long and so much for that
Another Bitcoin post. The bitcoin train wreck continues: I feel bad for those ppl who listened to John McAfee, Tom Lee, and other bozos last year who said to buy when it was at $10k. Bunch of suckers. It has now fallen $2,700 since I put out the sell alert last week. The S&P 500… Continue reading So long and so much for that
Your Antivirus Software is Useless (and what I do instead)
One of the biggest threats to cryptocurrency holders is malware, which remains undetected on the system only to manifest itself when coins and other funds inexplicably go missing. Your antivirus software is of little use against the most advanced forms of malware, for several reasons: There is evidence that malware can evade antivirus, either by… Continue reading Your Antivirus Software is Useless (and what I do instead)
Post-ideological era, part 2
A few weeks ago I wrote that we are in what can be described as a post-ideological era, as evidenced by the rise of the likes of Jordan Peterson, Dave Rubin, Sam Harris, and Ben Shapiro (whom I have dubbed ‘the four horsemen of centrism’). Yet ideological division is manifestly obvious on social media. Donald… Continue reading Post-ideological era, part 2
More correct predictions: Trump and China
Time Magazine: It’s Time to Give the Trump Administration Some Credit for North Korea Progress. A year ago, the left predicted Trump would be a disaster for diplomatic/foreign relations, the economy, national security, America’s ‘national image’, etc. The NRO-right predicted similar, but to a lesser extreme. Now even Time Magazine, a left-wing publication, has to… Continue reading More correct predictions: Trump and China
Bitcoin keeps falling, another correct call
Two days ago when Bitcoin was at $11,300, I put out a memo that the seller who was responsible for Bitcoin falling from $11800 to $9300 2 weeks ago had returned and that Bitcoin would go back to $9300 and lower. I made such a determination by analyzing chart patterns, but also Bitcoin exchange timestamp… Continue reading Bitcoin keeps falling, another correct call
The ‘real’ news is often just as bad as fake news
Facebook’s fake war on fake news In August, Facebook announced it would ban pages that post hoax stories from being allowed to advertise on the social network. This precluded a bombshell. In September, everyone who’d been trying to ring the alarm about fake news, despite Facebook’s denials and downplaying, all found out just how right… Continue reading The ‘real’ news is often just as bad as fake news
Bitcoin big down day
Bitcoin drops again, proving what a great ‘store of value’ it is. Meanwhile, the S&P 500 was up yesterday. As discussed a few days ago, 3x leveraged tech fund, since early 2014, has done as well as Bitcoin. Bitcoin drops so quickly because it’s too easy for large sellers to manipulate the price. I still… Continue reading Bitcoin big down day