Nassim Taleb Debated Larry Summers Last Week, And He Is NOT Happy With How Summers Behaved derr risks..derr risks..derr didn’t know derr risk..derrr..derrr ROFL cry me a river. Did the liberal Nicolas Nassim Taleb lose his temper once again, in addition to his debate with the redoubtable Larry Summers? Is that why he’s always mad,… Continue reading Taleb Loses Debate, Blames His Opponent
Results for "web 2.0"
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Getting Rich in The Smartist Era
rom Business Insider If You Invested In Apple Stock, Gold, Or A Bay Area Home In 2012, This Would Be Your Return Today The winner is Bay Area homes followed by the S&P 500 This agrees with our earlier commentary. In the smartist era – an era of unending wealth creation and prosperity – people… Continue reading Getting Rich in The Smartist Era
The Smartist Era
IQ, race/HBD (human bio-diversity), economics, and education. These ‘four horsemen’ are indispensable, inseparable, inescapable and are more relevant than ever in the 21st century. For example, trying to fix education boils down to understanding that the IQ gap between individuals or different groups is a possible contributing factor to the achievement gap. Education ties in… Continue reading The Smartist Era
The Daily View: There is NO Crisis, Donald Sterling, and Inflation
China To Have World’s Largest Economy This Year: World Bank Hasn’t the left been predicting China’s economic crisis since 2006? Nice to see the crisis ended before it had a chance to begin. I wonder what crisis the left will front-run next. They are so good at predicting stuff that doesn’t happen. lol Isn’t there… Continue reading The Daily View: There is NO Crisis, Donald Sterling, and Inflation
More Evidence Bigger is Better
More evidence big business, not small business, is the driver of the U.S. economy : American Dream Peddlers Lax federal oversight allowed lenders to repeatedly make bad loans to small businesses under a government program that has cost taxpayers $1.3 billion since 2000 on defaulted loans, a Dayton Daily News investigation found. Since the beginning… Continue reading More Evidence Bigger is Better
We’re Still In a Goldiocks Economy
We’re still in a Goldilocks economy of modest economic growth, no deflation and low inflation. Macro economic conditions are more conducive for stock market gains than any time in recent history. Unlike in any prior decade, we have a confluence of low valuations, high profit margins, new markets from booming foreign economies, and permanently low… Continue reading We’re Still In a Goldiocks Economy
Our New Era
As we’ve been writing since 2011, we’re still in the smartist era of hyper-capitalism, credentialism, consumerism and spendism. As of 2008, never before in such a short period of human history has so much wealth been created and yet, instead of marveling at the resiliency of the consumer, the web 2.0 & economic boom, and… Continue reading Our New Era
Let’s Teach the Kids to Code
Granted financial analysts and economists are important people, but what is the public liberal school system trying to teach their young minds? The left has criticized standardized testing for years, but it’s still the most objective way of measuring ability because grade inflation and differences of curriculum has rendered high school GPA’s nearly useless. A… Continue reading Let’s Teach the Kids to Code
Bay Area Home Prices Keep Going Up
Case-Shiller index finds San Francisco home prices jump 23 percent from year ago San Francisco home prices enjoyed an annual gain of 23.1 percent, second only to Las Vegas’ 24.9 percent rise, according to S&P/Case-Shiller home-price indexes released Tuesday. The composite 20-city home-price index was up 13.2 percent in January from a year earlier, with… Continue reading Bay Area Home Prices Keep Going Up
The Success of Reaganomics
A few days ago one of the architects of Reaganomics, Murray Weidenbaum, passed away. Looking back, Reaganomics was a success. ECONOMY BEFORE REAGAN When President Reagan entered office in 1981, he faced actually much worse economic problems than Obama faced in 2009: Three worsening recessions starting in 1969 were about to culminate in the worst… Continue reading The Success of Reaganomics