We have two contrasting opinions: From Bill ‘RamZPaul’ Gates: Warren Buffett’s Best Investment Bill: One of my favorite books is Steven Pinker’s The Better Angels of Our Nature. It shows how violence has dropped dramatically over time. That’s startling news to people, because they tend to think things are not improving as much as they… Continue reading The Best of Times or The Worst of Times?
Stock market hits new highs The ‘Teflon market’: Why stocks keep setting new highs despite Trump drama The S&P 500 has gained 10% since Trump’s victory. Stock market hits new high with longest winning streak in decades. Great level of confidence and optimism – even before tax plan rollout! — Donald J. Trump (@realDonaldTrump) February… Continue reading Make The Stock Market Great Again
Not surprisingly, Zuckerberg’s manifesto was panned by everyone. Zuckerberg Gives Public an Indication How He Lives in an Alternative Reality Mark Zuckerberg’s manifesto for Facebook offers a social dystopia But also, people don’t like being reduced to props and ‘extras’ for the screenplay that is Zuck’s ‘new world order’, except that instead of being a… Continue reading Mark Zuckerberg: a Modern-day Progressive
Part 1: The Healthcare Debate: Confronting Reality (End of Life Care and Costly Chronic Diseases) In part one, I discuss end-of-life care and chronic diseases and how they are a major contributing factor for rising healthcare expenditures. I also discuss the ethical considerations of denying care to such individuals. But America’s healthcare cost expansion isn’t… Continue reading The Healthcare (and Student Loan) Debate, Part 2…Why is everything so expensive?
Two weeks ago, I began writing the draft to this post, based on an Ann Coulter interview from February 3rd. And then on February 9th, Scott published his ‘cost disease’ article addressing rising healthcare costs. It just goes to show how we’re all thinking about the same stuff even though our inspirations come from different… Continue reading The Healthcare Debate: Confronting Reality (End of Life Care and Costly Chronic Diseases)
A meritocracy means taking the most competent and putting them in charge. Simple enough. But how does one determine competency? The problem is competence is determined ex post facto, through empirical evidence, in which case it may be too late. This means signaling is required, such as tests. The “most common definition of meritocracy conceptualizes… Continue reading Rule by signaling
Empiricism vs Idealism: Empiricism begins with the hypothesis that there is an objective reality independent of humanity and we may use inductive logic to learn about this reality through our senses. We can experiment and test the validity of our ideas. The scientific method is a method of empirical testing to prevent common fallacies and… Continue reading Materialism and Empircisim are Easy; Idealism is Hard
From Social Matter: Reactionary Political Theory On Contemporary America Our question is the following: what is the significance of Trump’s victory? What does it mean for the Modern Structure? To answer the first question: a change in national sentiment. To answer the second, not much. Trump’s rise definitely ties into a ‘shared narrative’ of a… Continue reading Trump Presidency Predictions and Significance: Economics, Immigration, Culture, and Endgame
I address this letter to ‘Trump haters’, not ‘Hillary supporters’, because based on personal observations, some of Trump’s biggest detractors also hate Hillary just as much, if not more (for denying Bernie Sanders the nomination, who would have been a better candidate). Trump’s win has elicited a visceral, almost primal, rebuke from otherwise rational, smart… Continue reading A Letter to ‘Trump Haters’
Billionaire Warren Buffett discusses the book that changed his life The reality is, it was a lot easier in the 1950’s-1990’s to make money with stock picking (as Buffett did) than today, because in the past stocks tended to exhibit what is called ‘Serial Correlation’ (which in layman-speak means the past predicts the future. Two… Continue reading Avoid Individual Stocks