The Biden Ukraine story is in the news again, thanks to a laptop, a New York post story, some emails, and an attempted cover-up by Facebook and Twitter. Like most stories driven by outrage, partisanship, and hype, no one actually knows what happened, and second, no one really cares that much about the seriousness or… Continue reading Performance Outrage and Antitrust

It appears I made the rare mistake of not being optimistic enough about Trump. When Trump revealed his Covid diagnosis, I predicted that he would recover without complications, but given his risk factors, also predicted he would probably not be well enough to participate in the second debate, scheduled for October 15th, but I underestimated… Continue reading Some Thought on Trump and Biden

I have argued that entrepreneurship is one of the few things that can make you rich and does not require outlier ability (as acting or elite athletics does), in which high-IQ people are not at such an absolute advantage compared to average-IQ people. High-IQ people are still at an advantage but not as high as… Continue reading IQ and Entrepreneurship

It is not news that congressional approval ratings are low. Reports by Gallup show only 17-20% Americans approve of how Congress is doing its job, which is a multi-decade low: Although Congress’s favorability ratings have always been low, hovering around 30% approval since polling began in the mid-70s, the general trend since 2005 or so… Continue reading Who Does Washington Answer To?

The Reformed Butthead is blaming Trump again: The President’s failure to suppress the virus’s spread through strong, consistent national policies and Speaker Pelosi’s failure to make a deal with the Treasury Secretary for a new round of stimulus (so far) have now hit the tape in the form of a deceleration in hiring this past… Continue reading Right Again: Covid Deaths Had No Effect On Stock Market

This is sorta an old story, but 2 months ago I predicted TikTok would not be shutdown, and sure enough, a week ago, a judge blocked the order: A judge granted a preliminary injunction to video-sharing app TikTok on Sunday, blocking a ban on new downloads in the US that would have gone into effect… Continue reading Another correct prediction

There has been an avalanche of Trump-related news over the past week, such as the release of his income taxes, his debate with Biden, and being diagnosed with Coivd. Here are some of my observations and predictions: 1, The income taxes story is pretty much dead, having been overshadowed by the Covid diagnosis. Even if… Continue reading Thoughts and predictions about recent Trump developments

I’m sure everyone has heard the Mark Twain quote “A lie can travel halfway around the world while the truth is putting on its shoes.” But I think it should be reversed to “A correction can travel halfway around the world while the lie is putting on its shoes.” Both sides, but I think especially… Continue reading A post-truth era? Why Americans may be better-informed than ever

Bitcoin is not a good investment, Part 1. Continuing to part 2 of Lyn Alden’s article 3 Reasons I’m Investing in Bitcoin Regarding Bitcoin’s ubiquity, she writes: An analogy is that a cryptocurrency is like a social network, except instead of being about self-expression, it’s about storing and transmitting value. It’s not hard to set… Continue reading Bitcoin is not a good investment, part 2

I recently came across a blog by Lyn Alden. According to her bio, her site “provides equity research and investment strategies to give you the insight and data you need for managing your money through all market conditions.” An article that stood out, among others, is 3 Reasons I’m Investing in Bitcoin. This is one… Continue reading Bitcoin is not a good investment