I intend to make good on my promise of an investing strategy. In part one, I discuss how we’re in a ‘winner take all’, ‘bigger is better’ economic environment dominated by large entities – be it multinational corporations, large content providers, the S&P 500, and the treasury bond market itself. The investment strategy described here… Continue reading Post-2008 Wealth Creation: A Guide, Part 3
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Fixing the Student Loan Debt Crisis and Reforming Edcuation
From Demos: Why Education Does Not Fix Poverty The author lists some reasons why poverty has not fallen in spite of the US population becoming more educated: First, handing out more high school and college diplomas doesn’t magically create more good-paying jobs. When more credentials are chasing the same number of decent jobs, what you… Continue reading Fixing the Student Loan Debt Crisis and Reforming Edcuation
Post-2008 Wealth Creation: A Guide, Part 2
In part one, I set the economic backdrop behind the method. In part two, I’ll describe the the first part of the method, and then later, in part three, the mathematics of why it’s so effective. As a disclaimer, knowledge in option trading, ETFs, and short selling is required. All relevant information can be found… Continue reading Post-2008 Wealth Creation: A Guide, Part 2
Post-2008 Wealth Creation: A Guide, Part 1
Entrepreneurship is too hard, America’s ‘pioneer spirit’ is gone, and the news is pretty much a waste of time. Blogging, writing, etc. also mostly a waste of time and usually doesn’t make money. In our post-2008 winner-take-all, bigger-is-better economy and society, instead of trying to compete directly with the big and rich, why not piggyback… Continue reading Post-2008 Wealth Creation: A Guide, Part 1
There is No Systemic ‘War on Blacks’ by Police
The evidence suggests blacks are responsible for most crime, which could explain why they are stopped and incarcerated at a higher rate than whites, as I explain in the post He Fit the Description: It’s incontrovertible…the data shows that blacks commit most of the crimes. The left wants stops in proportion to the population, not… Continue reading There is No Systemic ‘War on Blacks’ by Police
The Persistence of the Black-White IQ Gap
The evidence suggests a persistent black-white IQ gap: Despite hundreds of billions of dollars of government spending, the education achievement gap hasn’t budged in decades: According to a groundbreaking paper (How Much Can We Boost IQ and Scholastic Achievement?) by Arthur Jensen, efforts to boost IQ through environment (education spending, enrichment programs, etc.) have failed,… Continue reading The Persistence of the Black-White IQ Gap
Correct Predictions, Part 3
Awhile back, I wrote that stocks would be a good buy should the market fall on ‘exit’ win. In agreement with James Altucher, for long-term US investors, Brexit doesn’t mean anything (it may actually be a positive), and I remain optimistic about the US stock market going forward. Brexit will not prevent Facebook and Google… Continue reading Correct Predictions, Part 3
Why the News Is Still Mostly Pointless
1. Pretty much all all news sites have some sort of ulterior motive, whether to advance a certain agenda or to push advertising. True ‘impartiality’ is far and few between. People read Reason, Pathos, Zerohedge, Unz Review and other ‘alternative media’, because they think they are getting the ‘full story’, but often they aren’t. These… Continue reading Why the News Is Still Mostly Pointless
Anaysis of Latest memo from Howard Marks: Economic Reality
This is going viral: Latest memo from Howard Marks: Economic Reality, presented by Oak Tree Capital. Central bank actions can encourage or accelerate economic activity, but they can’t create economic activity that otherwise wouldn’t occur. Much of what central banks do consists of making things happen today that otherwise would happen sometime in the future.… Continue reading Anaysis of Latest memo from Howard Marks: Economic Reality
Anti-Democracy Sentiment Going Mainstream
This article is going viral right now on Hacker News: In Praise of Passivity, by Michael Huemer of the University of Colorado. Political actors, including voters, activists, and leaders, are often ignorant of basic facts relevant to policy choices. Even experts have little understanding of the working of society and little ability to predict future… Continue reading Anti-Democracy Sentiment Going Mainstream