Musk, Twitter, and the Era of Billionaires and its implications

As predicted earlier this year, Elon Musk’s brand continues to surge, having made an offer to buy Twitter for $43 billion. He is more widely followed than probably anyone, save for maybe a handful of political and religious leaders. Elon was already a big deal in 2018, but his brand has really exploded post Covid.… Continue reading Musk, Twitter, and the Era of Billionaires and its implications

Inflation at 8%, analysis

The Consumer Price Index rose 8.5% in the year through March, the government announced Tuesday. The CPI index is at 287, you can see how starting around 2021 it began to diverge from the underlying trend. It’s about 6% higher than predicted by the trendline. But much longer term it looks like a blip (as… Continue reading Inflation at 8%, analysis

Who are the woke? If you don’t know, that is the point

In 2019, an hour into his now infamous debate with Slavoj Zizek, Jordan Peterson is asked by Dr. Zizek who the ‘post-modern neo Marxists’ are. Surely if this group is to blame for the decline of Western civilization and the infantilization of academia, he would be able to identify at least a few prominent living… Continue reading Who are the woke? If you don’t know, that is the point

Real World Risk Institute, a follow up

When he’s not pushing women’s weights at the gym or losing his temper on Twitter, he’s still pushing his useless/scam ‘Real World Risk Institute’ mini-certificate program on his followers: Friends,#RWRI 17 is open for applications, July 11-22. We are accepting scholarships.https://t.co/MOQV9ANkLy — Nassim Nicholas Taleb (@nntaleb) April 4, 2022 I wrote about this in 2016… Continue reading Real World Risk Institute, a follow up

Russia not a threat to dominance, importance of US dollar

There has been talk of Russia somehow undermining the Petro dollar. Vladimir Putin’s insistence that “unfriendly” nations pay in rubles for natural gas is just the beginning of a Russian export policy that will see fewer U.S. dollars being used in transactions for goods, especially for energy, according to the Kremlin. Russia demanding Rubles does… Continue reading Russia not a threat to dominance, importance of US dollar

Good opinions and IQ

A recurring theme of this blog is to try to understand what makes some opinions are better than others. It’s assumed that because opinions are subjective that that it should be hard to quantify a good opinion from a bad one, but I believe such a distinction is possible. This is sorta subjective, but from… Continue reading Good opinions and IQ

Not so distinct

Interesting new blog/e-magazine I came across Compact Mag. Hat tip to Oliver Lee Bateman, who recently published an article there and brought the website to my attention. Only the Economic Left Can Beat the Woke I think there is a recent tendency to treat the woke-left and the ‘anti-idpol-left’ (or the so-called economic-left) as being… Continue reading Not so distinct

Tesla Crushes Bitcoin

This is why I’m still one of the greatest investors and economic forecasters ever, if not the greatest, because I understand how things work. My dad and I loaded up on Tesla before the pandemic, have hundreds of shares post-spilt: Compare Tesla to Bitcoin: Since early 2018, Bitcoin has also been surpassed by Apple, Google,… Continue reading Tesla Crushes Bitcoin

How Taleb Uses Twitter

Taleb “Jack, I have a request.” Jack “Sure.” “I want you to block everyone for me on my behalf.” “What do you mean?” “I want you to have your programmers preemptively block everyone on Twitter for me…I cannot block everyone myself.” “But then the site won’t work.” “I will go through each account individually and… Continue reading How Taleb Uses Twitter