With the possible exception of the Germanwings crash, there is like literally nothing fucking going on. 2015, like 2014 and 2013, promises to be an uneventful but prosperous year. Expect web 2.0 valuations to keep rising, but stocks seem to be sputtering possibly due to the strong dollar. We (as a nation) have almost become… Continue reading We Solved Everything
From The panic tax 1. The cost of ameliorating panic in your system is always less than the cost of the lost productivity when panic hits. In other words, all the other steps are worth it Agree. That’s my rationale for supporting TARP, in that the nominal cost of the bailout (about $700 billion) was… Continue reading Seth Godin’s Nod to Consequentialism
Tesla stock (TSLA) surged today (and in the after hours) on an announcement of a mystery product line, as tweeted by CEO Elon Musk: Major new Tesla product line — not a car — will be unveiled at our Hawthorne Design Studio on Thurs 8pm, April 30 — Elon Musk (@elonmusk) March 30, 2015 Due… Continue reading Tesla’s Big Surprise. Don’t Bet Against High-IQ.
A major part where the ideologies of far-left and the traditional right converge is in their mutual skepticism and distrust of technology and free markets, another is foreign policy. Liberals worry that technology will destroy jobs, create wealth inequality, and harm the environment. Conservatives worry that technology will disrupt the family structure and traditions, as… Continue reading Liberalism is the Problem, Not Technology
It appears that even posters in the right-leaning neo-reactionary community are starting to call out these doom and gloomers like Peter Schiff, Karl Denninger, and Nicholas Nassim Taleb for crying wolf too many times. In response to a viral video from Santelli on zerohedge about Yellen admitting “Cash Is Not A Store Of Value”, a… Continue reading Peter Schiff and other Doom and Gloomers Losing Credibility
Today’s good news: Your life is going to stink The left is wrongly interpreting this is mean Charlie Munger is pessimistic about America or as a criticism against the economy, as left wants America to be in decline and no longer exceptional. Actually, what he means is that while America is doing great in terms… Continue reading Billionaire: Your life is going to stink
From Scott’s Blog: IS EVERYTHING A RELIGION? Awhile ago I realized that I could still be a conservative and not believe in a benevolent God, or a God at all. I saw that this actually strengthened my views. If religion is loosely defined to means a set of beliefs and rituals, then even brushing your… Continue reading What is a Religion?
In the post 2008 era, intellectualism in and of itself has become a culture, with people in high-IQ endeavors such as professors, STEM workers, stock traders, quants, wonks, tech CEOs, nerds, real estate investors/speculators, mathematicians and theoretical physicists becoming ‘celebrities‘ to large portions of the population. You see evidence of this on Reddit; for example,… Continue reading Professors On Reddit Tire Of Liberalism
From marginal revolution: An Anxious Age: The Post-Protestant Ethic and the Spirit of America. The grand confluence of Protestantism has dwindled to a trickle over the past thirty years, and the Great Church of America has come to an end. …The death of Mainline Protestantism is, as we’ve noted, the central historical fact of our… Continue reading Religion is Becoming Irrelevant
I remember in 2012, following the botched Facebook IPO and the stock’s subsequent decline, the liberal media was certain that web 2.0 had burst, their elation breaking through their veneer of journalistic impartiality as Facebook stock fell from its IPO price of $38 to as low as $20. At last for the left, after years… Continue reading There is Absolutely No Bubble In Technology