Bitcoin crashes and Elon and Trump lock horns over debt, spending bill

Last week I wrote: Item 2#: Bitcoin falls below $104K. I was also right about Bitcoin lagging stocks, as it has done for the past few weeks. I have greatly profited by shorting Bitcoin while being long tech stocks. My account balances keep making new highs on a daily or weekly basis due to the… Continue reading Bitcoin crashes and Elon and Trump lock horns over debt, spending bill

AI has revealed the modern liberal arts education for a farce

AI has basically revealed modern college education for the careerist farce it is, in particular the humanities, where cheating is especially prevalent and hard to prevent. It’s not even an open secret anymore that the only thing that matters is the credential, not the learning. A solution, albeit a long shot, is to make it… Continue reading AI has revealed the modern liberal arts education for a farce

The Daily View 5/30/2025 : TACO trade, Bitcoin still sucks, AI and jobs, NYTs Musk hit piece

Item 1#: The ‘TACO Trade’ is now a meme: ‘Trump always chickens out’ trade is the talk of Wall Street. The TACO meme describes the unfailing patten of Trump backing down when encountering resistance to his proposals, or is stopped by courts. This makes buying the dip on any Trump-related selling in the stock market… Continue reading The Daily View 5/30/2025 : TACO trade, Bitcoin still sucks, AI and jobs, NYTs Musk hit piece

Trump’s ‘War on Harvard’ will not lead to lasting reforms

Raskin: Trump looking to ‘exact vengeance’ on Harvard with foreign student block: “Harvard has turned into a hotbed for anti-American, anti-Semitic, pro-terrorist agitators that put American students at risk,” she continued. “They’ve repeatedly failed to address the serious issues plaguing their campus, despite warnings, and now they’re facing the consequences.” DHS Secretary Kristi Noem, when… Continue reading Trump’s ‘War on Harvard’ will not lead to lasting reforms

AI cheating and fatalism

A recurring theme I have observed in rationalism-type communities is a sort of moralistic fatalism or nihilism in regard to AI cheating, particularly in the context of the classroom or college, which is that cheating is good or justified, and futile or hopeless to stop. Colleges must accept that cheating is the norm, or that… Continue reading AI cheating and fatalism

The Daily View 5/23/2025: Prostate Cancer, Harvard, Tax Cuts, Claude 4

#1 Scott Adams reveals he has the same cancer as former President Joe Biden. As we know, Biden revealed on Sunday he has late-stage prostate cancer that had spread to his bones, making it terminal. But more surprising, Scott Adams, only 67, revealed a similar diagnosis and says he has until only Summer. A few… Continue reading The Daily View 5/23/2025: Prostate Cancer, Harvard, Tax Cuts, Claude 4