No idea what he is talking about

This is why you shouldn’t take investment advice from people who have no idea what they are talking about: Is Boeing going down? Why else is Boeing stock down from $400 in 2018 to $324 now? That loss was anticipated long in advance, unlike Enron…

Online Journalism: Themes of Viral Articles

It has been a while since I wrote about online journalism. In this post I identify characteristics of authors and articles that go viral. There is a tendency to dismiss journalism as not a ‘hard’ or substantive subject, compared to more intellectually rigorous and less…

News Updates

Not a whole lot in the news. The Trump impeachment Senate trial is a farce. Trump’s approval ratings are climbing again, now at 43% according to 538, which is the highest in months. The left’s gambit has failed. The left hoped that by impeaching Trump,…

Smart-Left vs. Regressive-Left

I read lefty publications in order to take the pulse of the entirety culture-war landscape. If I just read right-wing blogs and magazines–the handful that still remain and are updated at at least regular intervals and haven’t yet departed to Twitter, Podcasting, or YouTube–my perspective…

The Great Freeze

A reason why I talk about the stock market and economics a lot is because those are the two issues that policy makers are also most concerned with. We are living in a world increasingly dominated by economics and capital, as opposed to culture, even…

Thinking rationally: 3 examples

Rationality is defined as “…the quality or state of being rational – that is, being based on or agreeable to reason. Rationality implies the conformity of one’s beliefs with one’s reasons to believe, and of one’s actions with one’s reasons for action…When the goal or…

3x Leveraged ETF Strategy Guide, Part 2b

In the prior section, I calculated the volatility parameters for three major market index 3x ETFs: UPRO, UDOW, and TQQQ. In this section, I need to calculate a sample market cycle for the Nasdaq 100 index in order to estimate TQQQ returns. This is harder…

3x Leveraged ETF Strategy Guide, Updated for 2020, Part 2

See part one It took longer to complete this section than expected owning to the difficulty of modeling historic stock market returns. Market returns to some degree follow a normal distribution, but ,rather, markets are more characterized by regimes. This means there are long periods…

Is a post-scarcity economy possible? It’s already happening

The srticle Education and Men without Work Just skimming the comments, there is the withholding of judgment against young, able-bodied men who, for whatever reason, choose not to work. There is no puritanical moralizing about the ‘virtues of work’, or how ‘people should not be…