More Correct Predictions: 1. Most importantly, I was right about Greece being much ado about nothing. The major market indexes have since recovered all their Greece-related losses, as I predicted they would. Greece got thrown another lifeline, kicking the can down the road yet again. 2. Facebook stock keeps making new highs. The Social network… Continue reading More Correct Predictions (Greece, Facebook, Emerging Markets, Trump)
Author: smartistone
What Makes Taneshi Coates Special?
Taneshi Coates has done something few liberal commentators has done – he has transcended the usual left/right bulwark as dozens of conservative bloggers and writers, who normally tend to ignore, ridicule or immediately dismiss liberals, have lent him an ear. Back in 2013 or so, I used to comment on Taneshi Coates’ Atlantic columns and… Continue reading What Makes Taneshi Coates Special?
The Truth? They Can’t Handle The Truth
As evidenced by the down-votes for this Quora answer to the question How Does One Become a Mathematical Genius, many people wish to live in a world where either IQ does not exist or, if it does, it doesn’t measure anything important and is of no predictive value for success at life. It’s easier, perhaps… Continue reading The Truth? They Can’t Handle The Truth
Is Capitalism Dead? It Depends, I Suppose
read at your peril Post-Capitalism and the End of Capitalism Capitalism dead? I guess Silicon Valley didn’t get the memo. Hundreds of billions of dollars of wealth from web 2.0 and Bay Area real estate has been created since 2009. Coders strait out of college or even high school are making 6-figures, while others are… Continue reading Is Capitalism Dead? It Depends, I Suppose
Wealth Creation Orgy
Silicon Valley is in a wealth creation orgy, as the web 2.0 and Silicon Valley boom keeps defying all predictions of its decline. These numbers are just staggering: Air BNB worth $20 billion Uber: $40+ Billion Pinterest: $5 billion Dropbox: $8 billion Snapchat: $10 billion Tesla: $40 billion Most of these were in their infancy… Continue reading Wealth Creation Orgy
The End of Jobs
The End of Jobs: Money, Meaning and Freedom Without the 9-to-5 by Taylor Pearson This is the era we’re headed into…where everything is outsourced, where income has gone down versus inflation for the past 40 years, and there are fewer and fewer choices for highly educated people with high student loan debts to get good… Continue reading The End of Jobs
Trump & Sanders
Any 2016 speculation before the primaries is pretty much a waste of energy. If Bernie loses to Hillary in Iowa and Hew Hampshire, he’s pretty much finished, baring some major scandal or gaffe for Hillary. The GOP field is more diverse, with many candidates neck-and-neck, making it harder to determine a front-runner from the first… Continue reading Trump & Sanders
Countering Flawed Arguments of the Anti-College Movement
There are good arguments against going to college, namely the leftist bias and the possibility of accumulating a lot of debt for a degree that has little earning power, but there are two dubious premises perpetuated by anti-college movement: 1. That a college degree is worthless 2. That going college holds back people from achieving… Continue reading Countering Flawed Arguments of the Anti-College Movement
The SPLC’s War on Reddit and Free Speech
From splcenter.org: Black Hole There’s a relevant quote by Friedrich Nietzsche: “He who fights too long against dragons becomes a dragon himself; and if you gaze too long into the abyss, the abyss will gaze into you.” That seems to apply to the SPCL right now, which is shooting itself in the foot and expending… Continue reading The SPLC’s War on Reddit and Free Speech
The Great Chinese Nothing
Just as quickly as the Chinese Stock market crashed – sending the western financial media into a tizzy, clicking their heels with delight the The Great Satan, China, would finally meet its comeuppance – it came roaring back as if nothing had happened, hence The Great Chinese Nothing. It never occurred to anyone that maybe… Continue reading The Great Chinese Nothing