Category: Uncategorized

On 11/2/2017, Tesla stock [disclosure: I do not own Tesla stock] fell 5% to $300 after reporting a larger than expected quarterly loss: Tesla posted a record quarterly loss of $619 million as it struggles with Model 3 production Tesla shares drop after posting wider-than-expected loss Although Tesla stock fell from as high as $390… Continue reading Why it does not matter that Tesla is losing money

We’re presently in a Bitcoin boom, a tech stock boom, but a postmodernism boom? By a ‘postmodernism boom,’ I don’t just mean more postmodernism ideologically (although that too is part of it), but an increased interest in the subject of postmodernism itself as measured by debate and discussion of postmodernism on Reddit and elsewhere. Even… Continue reading The Postmodernism Boom

What was thought to be impossible has happened Related: Bitcoin at $3,000

We’re still in a slow news cycle and autopilot economy and society. What we call news is just the illusion of activity and spontaneity, when everything is already predetermined. You can see the desperation of the liberal media to try to turn this Muller investigation in to Watergate 2.0. They, the left, are trying to… Continue reading In Praise of Ineffective Government

Why Professors Are Writing Crap That Nobody Reads ‘Cited’ and ‘read’ are distinct, and often these is a long lag between when a paper is published and when it begins to accumulate citations, and many citations don’t show on database searches although the citations still exist. I decided to investigate one of the papers cited… Continue reading Those worthless humanities papers

From Kevin Drum: You Will Lose Your Job to a Robot—and Sooner Than You Think As discussed earlier (and a bunch of other times on this blog), fears of a job-apocalypse are overblown. Despite the trend towards increasing automation, the size of the labor force has grown in lock-step with population growth. The labor force… Continue reading Automation and Post-Scarcity

Trump’s polls are falling, hitting new lows: Trump’s approval rating drops to historic low in new poll Trump’s approval rating sinks to new low in NBC/‘WSJ’ poll Trump’s Approval Rating Drops to Lowest Level Yet in New NBC News/WSJ Poll Trump’s job approval rating of 38 percent is the lowest in modern times for a… Continue reading Trump’s polls are falling, but I’m not worried

The ‘HBD bull market‘ keeps making new highs, lead by yet another quarter of blowout earnings by Google, Amazon, Microsoft (and soon to be Facebook). The S&P 500 closed at yet another record high (and same for the Nasdaq 100): On July 2017, I wrote that Amazon stock would keep going up and that it… Continue reading Another Quarter of Blow-Out Tech Earnings: Not worried about “tech bubble 2.0”

The life cycle of a Trump news dud As the link above shows, the left (but also some on the ‘right’) want so badly for Trump to fail, they have to invent narratives and resort to wishful thinking, when reality alone won’t suffice, such as: The narrative that Trump winning would doom and economy and… Continue reading Anti-Trump desperation showing, and the GOP civil war

The Moldbug Variations Yarvin believes there is no such thing as democracy—and Thiel has said as much, as well. Yarvin’s stunted political imagination prizes strict hierarchies—despotisms, monarchies, and experimental new feudalism via a “patchwork” of corporate fiefdoms managed by absolute dictators who might be appointed by a vote of property-owning “shareholders.” Unlike some advocates of… Continue reading Media Getting NRx Wrong