Category: Uncategorized

The NRx Review

An up-and-coming reactionary blogger who goes by the handle ‘Dark Reformation’ released an 8-part manifesto. In part 8, in my opinion the most important section, he discusses the philosophical underpinnings of his ideology, specifically utilitarianism and determinism. There is no free will. The Dark Reformation acknowledges that humans have no free will, that they are… Continue reading The NRx Review

Slavoj Žižek-NRx Connection

Marxist philosopher Slavoj Zizek and reactionaries have become unlikely bedfellows. Marxism and NRx are supposed to be opposite sides of the political spectrum, so what’s going on here. I’ve observed that rationalists and reactionaries seem to commingle a lot. For example, Scott has written a lot about Moldbug and in the process introducing NRx to… Continue reading Slavoj Žižek-NRx Connection

Evidence of Bubbles and other ‘Anomalies’ Does Not Disprove the Efficient Market Hypothesis

Are markets efficient? The mere suggestion that markets are mostly efficient is sufficient to elicit an emotional rebuke: ‘Doesn’t 2008 disprove the efficient market hypothesis (EMH)?’ No it doesn’t, actually, and to say it does represents a common misunderstanding about the EMH. For years, I have defended the EMH: Defending the EMH Defending Rational Markets… Continue reading Evidence of Bubbles and other ‘Anomalies’ Does Not Disprove the Efficient Market Hypothesis

Slow Economic Growth Not a Big Deal

From the NY Times: We’re in a Low-Growth World. How Did We Get Here? It seems like since 2009 there have been a plethora of articles bemoaning the ‘slow growth’ of the US economy. Or the usual headlines about the IMF revising its global growth forecast from 2.5 percent to 2.4887% …yaawn it’s all noise.… Continue reading Slow Economic Growth Not a Big Deal

Khizr Khan story: Much Ado About Nothing

The latest manufactured outrage by the left is the Khizr Khan story. The liberal media is trying desperately to create a narrative that: -this story is important -everyone is outraged -that Trump blundered, he’s ‘unstable’ and ‘unfit’ for office The reality: – most people won’t even notice or care. Even though the name ‘Khan’ came… Continue reading Khizr Khan story: Much Ado About Nothing

Gnon Index (turning $10k into $95k)

Amazon, Facebook, and Google stock individually have far out-paced the S&P 500 since Jan. 2013: And when combined (each weighted 33% in the portfolio and re-balanced annually), is up over 200% vs. just 60% for the S&P 500: Investing $10,000 and using 3-1 leverage such as by using options would have turned into $95,000 in… Continue reading Gnon Index (turning $10k into $95k)

Airbnb Files to Raise $850 Million at $30 Billion Valuation

Look like I’m right right again: Airbnb Files to Raise $850 Million at $30 Billion Valuation: Airbnb has been restrained about how much capital it takes on compared with ride-sharing company Uber Technologies Inc., which has raised more than $15 billion in equity and debt. Airbnb and Uber are often discussed together because they were… Continue reading Airbnb Files to Raise $850 Million at $30 Billion Valuation

Trump the ‘Inarticulate Orator’

Apparently Trump is an ‘inarticulate orator’, according to iSteve, implying perhaps that Trump is not very smart. I guess Obama could be an articulate orator if habitually using a teleprompter, relying on pre-screened questions, and constantly uttering ‘ums’ and ‘ahs’ in your speech is considered ‘good oration’. Donald Trump is as articulate as he needs… Continue reading Trump the ‘Inarticulate Orator’