China vs. US Education System

From Scott’s blog BOOK REVIEW REVIEW: LITTLE SOLDIERS This passage stood out: I predict most of my Bay Area friends would hate the Chinese education system as Chu describes it. I predict this because they already hate the US education system, which is only like…

Can We Have Prosperity Without Growth? Yes

The New Yorker asks if it is possible to have prosperity without growth. My answer is an emphatic yes. When pundits talk about slowing growth and stagnation, the are usually alluding to declining real US GDP growth, relative to the past: Real GDP growth is…

Rush Limbaugh Cancer Diagnosis

Already old news, but El Rushbo has been diagnosed with advanced lung cancer, which will likely kill him, as advanced lung cancer tends to do. He said he complained of shortness of breath in early January. It also looks like he has lost a lot…

3x Leveraged ETF Strategy Guide, Part 3a

I need to get this strategy guide done, as the stock market continues to roar higher. In part two I give foretasted returns for the the major 3x ETFs, UPRO, UDOw, and TQQQ based on a hypothetical market cycle. My analysis reveals TQQQ to be…

No Privacy Online

Interesting RamZPaul video: The problem is, when someone posts something on Twitter, it ceases to be private, so I dunno why Ramz is framing it as a privacy issue. The point of Twitter is to broadcast to the public. There is an option to make…

Debunking the Tesla ‘missallocation of capital’ argument

I am good at forecasting and investing, not because I am that smart, but because the competition is so wrong. These are the people I (and other investors) are competing against. To quote Trump, they are not sending their best. Lately I have been seeing…

Side Hustles are Overrated

A Google search shows considerable interest in so-called ‘side hustles’. The idea is, it is possible to supplement your income by earning extra money on your own, in addition to a regular job or going school. Most of the hype surrounding side-hustles is unwarranted, and…

Amazon and Tesla Surge on Earnings…Right Again

The tech singularity is coming. Tesla stock surged 10% yesterday and Amazon is up 9% today. It’s a testament to how good I am at this , that out of the 15 or so stocks I have ever recommend, that I choose among the two…