A question that I didn’t address in part 1 is, why is IQ so important for investing? What is the mechanism that explains why high-IQ stocks, assets, industries, and countries do so well compared to average & low-IQ ones. The answer has to do with how wealth is concentrated, in that high-IQ entities concentrate wealth… Continue reading HBD & Investing, Part 3 (IQ and the concentration of wealth)

Regarding the earlier post Donald Trump Does Not Like to Read (but so what) regarding if I am really as good at predicting stuff as I claim to be, and if so, why I’m not more successful. Since 2013 or so, I’ve made 20 predictions (including stock picks), and a 90% success rate means 18… Continue reading How HBD can be used to beat the market, part 2: Predictions & Stock Picks

This article is going viral: Just own the damn robots In Kurt Vonnegut’s 1952 novel, Player Piano, we are introduced to a future in which only engineers and managers have gainful employment and meaningful lives. If you’re not one of the engineers and managers, then you’re in the army of nameless people fixing roads and… Continue reading Just own the damn robots

Jordan Peterson says not to take notes during lectures: IMHO, for most people this is bad advice, or at least it’s bad advice unless you’re as smart as Jordan Peterson. Jordan Peterson in a June 2017 video says he has an IQ of 150…this is a very high score, obtainable by only 1/10,000 of the… Continue reading Jordan Peterson says not to take notes during lectures. Is he right? Probably not

Because he has a new book, Ta-Nehisi Coates has been in the news more often than usual. Here are some articles in the past month alone either by him or about him: How Ta-Nehisi Coates Gives Whiteness Power Ta-Nehisi Coates: the laureate of black lives The First White President Ta-Nehisi Coates is not here to… Continue reading Ta-Nehisi Coates, The Merchandising of White Guilt, and America’s Race Obsession

This is going viral: Readers of this blog would have not made that mistake.

Trump still not in power This does not come as a surprise, and I have long maintained that the only way for Trump to gain more power is if he’s put in a situation where he can rise to the occasion; for example, if there is a major crisis and his powers are expanded, like… Continue reading Trump is still not in power

Despite being on the ‘right’, I’ve long been a critic of the fashionable and perennial assertion that America is ‘dumbing-down’ or in a state of intellectual decline. Purported dumbing-down is refuted by counter evidence. There are 7 billion people alive. Assuming IQ does not fall much, that means there is 2x as much brainpower as… Continue reading Evidence America is not (yet) dumbing-down

In the post Individual Ideological & Philosophical Classification System, I discuss internal and external value systems: External value system: “How society & culture should behave.” External things such as political, societal, and culture issues, position on left-right spectrum; moral realism & prescriptivism; value-based.   Internal value system: “How I and those close to me should… Continue reading Internal and external value systems

A certain political tribe likes to make the augment that if America adopted Australia’s gun control laws that gun homicides would fall. From Vox The Weeds: Australia solved its gun problem. Could America? Through that program, the government was able to get rid of about 650,000 guns. But as Sarah notes, the program went further… Continue reading The Over-hyped Purported Efficacy of Australia’s Gun Laws