Derek Sivers

Derek Sivers is famous for founding a long-forgotten and insipidly-named website ‘CD Baby’ (yeah that is what it is called, and typing it once makes me mad), which he sold in 2008 for $22 million, so now he’s an expert on everything. This is similar to Nassim Taleb, who is held up as some sort… Continue reading Derek Sivers

Bitcoin crashes …again

Bitcoin resumes its plunge, falling from as high as $8,400 just two weeks ago to $6,300 now. Half a year ago ago when Bitcoin was in the $17k-14k range, I predicted it would go a lot lower, and it has. The most optimistic scenario is Bitcoin hovers around $3,000-$6,000 for awhile, but a retest of… Continue reading Bitcoin crashes …again

The Daily View 8/8/2018

There’s a bunch of stuff going on in the news this week: 1. Elon Musk announced yesterday that Tesla could be taken private at $420/share. Tesla stock surged to $380, a gain of nearly $100 from just a week ago. Last week I put out a post about Tesla. Yet again, another example of how… Continue reading The Daily View 8/8/2018

The China-U.S. Intellectual Connection

This story is going viral Shenzhen Tech Girl Naomi Wu: My experience with Sarah Jeong, Jason Koebler, and Vice Magazine Despite the anti-China rhetoric during Trump’s campaign and the tariffs, China and America, economically and culturally, are closer than ever. What happens in China regularly makes news in America, and vice-versa. The ‘Chinese experience’ is… Continue reading The China-U.S. Intellectual Connection

Vox Day vs. Scott Adams

Vox Day and Scott Adams are close friends, so this video came as a surprise. Scott Adams has always been sorta a moderate. I don’t think he wants to sacrifice his lucrative cartooning gig to appease a fringe. He said that supporting Trump cost him a lot of income in terms of lost speaking gigs… Continue reading Vox Day vs. Scott Adams

Bullshit jobs

Bullshit jobs are a big problem, according to economist David Graeber: Graeber’s unique contribution is to tie these changes to human history, and to explain why, anthropologically, they may not be all that surprising. In an essay five years ago, he made the seemingly bizarre assertion that perhaps as many as 30 percent of all… Continue reading Bullshit jobs

Tesla Stock Surges on Earnings

Another correct prediction on this blog: Tesla stock surges 9% after hours on earnings. Tesla shares surge as upbeat Musk sees profitable second half Tesla shares soared as much as 11 percent in after-hours trading. The stock has been under pressure for some time as investors have worried about the cash the company was burning… Continue reading Tesla Stock Surges on Earnings