Category: Uncategorized

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 10% as bad. I’m especially thinking of @webdevmason and @michaelblume,… Continue reading China vs. US Education System

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 around 2-3%/year, which is half it was 2-4 decades ago.… Continue reading Can We Have Prosperity Without Growth? Yes

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 of weight. Rush was like the the original shit poster,… Continue reading Rush Limbaugh Cancer Diagnosis

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 the superior choice of the three ETFs, so TQQQ will… Continue reading 3x Leveraged ETF Strategy Guide, Part 3a

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 your tweets private, but that significantly limits your potential audience… Continue reading No Privacy Online

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 arguments that Tesla’s stock surge is a “missallocation of capital”… Continue reading Debunking the Tesla ‘missallocation of capital’ argument

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 it’s much harder to be successful than one may be… Continue reading Side Hustles are Overrated

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 best performers despite each company being worth $100 billion and… Continue reading Amazon and Tesla Surge on Earnings…Right Again

The right needs to come to terms with the possibility of Sanders winning the primaries and possibly even becoming president. Upon cursory glance, his immigration policies are terrible, promising free stuff for illegals and pushing Congress for a law that would shield illegals from deportation, in addition to a pathway for citizenship, and also undo… Continue reading Bernie Sanders’ Immigration Plan is Terrible, but there are some silver linings

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 in which the loss was sudden and without an obvious… Continue reading No idea what he is talking about