I didn’t think 2023 would be easily surpassed, but 2024 is off to an even better start. For my 2024 predictions post, I singled out META and SVIX as superstar performers for 2024. It has been less than two weeks, and the prediction so far could not have gone better. META and SVIX are up… Continue reading Meta’s reality-defying comeback
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Why American Investors Do Not Need to Worry About the National Debt
The national debt–now at $34 trillion or so by latest estimates–is a scary, attention-grabbing number too big ignore, but in this post I will make the case for why investors ought to. It’s so big, it almost defies comprehension. Someone on Twitter posted a graphic to try to visualize it: The United States is $34,000,000,000,000.00… Continue reading Why American Investors Do Not Need to Worry About the National Debt
College grads and students of the ’40s and ’50s were probably average
I saw this going viral: Meta-analysis: On average, undergraduate students’ intelligence is merely average. It got thousands of shares and hundreds of comments on Reddit, and viral on Twitter too: In the pre-affirmative action/pre-diversity America of the mid-1900s, the average undergrad IQ was above 115. Expanding the student population by creating incentives for underperforming groups… Continue reading College grads and students of the ’40s and ’50s were probably average
2024 predictions cont. (Meta, SVIX, McDonald’s, weight loss drugs, etc.)
Just like how in 2023 I singled-out META, which was among the strongest-preforming stocks of the S&P 500, for 2024, as part of my epic-sized prediction post, I am singling-out SVIX and META again for 2024. No need to change anything. For 2023, META only came up second to Nvidia (the others were/are not on… Continue reading 2024 predictions cont. (Meta, SVIX, McDonald’s, weight loss drugs, etc.)
2024 predictions, and recap of 2023
My predictions for 2023 were spot-on, only being wrong about Bitcoin going up. I was right about the stock market surging, about inflation fears subsiding, about Trump not going to jail, etc. It could not have gone better. Meta stock, which I singled-out in Jan 2023, was among the best-performing stocks of the S&P 500,… Continue reading 2024 predictions, and recap of 2023
The NYTs sues Open Ai–Why the case is not a slam-dunk for the NYTs
The NYTs’ lawsuit against Open Ai, filed last week, is going viral. Some are predicting it will be a major blow to Open Ai and related companies and technology: Complaint (PDF). The NY Times Lawsuit Against OpenAI Would Open Up The NY Times To All Sorts Of Lawsuits Should It Win. Things are about to… Continue reading The NYTs sues Open Ai–Why the case is not a slam-dunk for the NYTs
2023 Bitcoin Method Recap, and Efficient Markets
This feels like the longest holiday week ever. 2023 was a good year in terms of gains from a combination of the Bitcoin shorting method , leveraged tech funds, Meta, etc. Regarding the Bitcoin method, as discussed earlier, I would go short Bitcoin before the market open and then cover it at the close. And… Continue reading 2023 Bitcoin Method Recap, and Efficient Markets
Midwit Syndrome
Without obvious signifiers of very-high IQ, it’s hard to differentiate between, say, an IQ of 130 or 160 when it comes to object-level issues. For example, what is the ‘high-IQ position’ on Ukraine vs. Russia? Or Ai risk? Or the Israeli–Palestinian conflict? It does not exist. There are high-IQ people on either extremes of these… Continue reading Midwit Syndrome
The Republican Party is Not Doomed
From Tracing Woodgrains: The Republican Party is Doomed. He begins by making a bold, attention-grabbing assertion “The republican Party is doomed” and subsequently walks back on his original claim. I don’t mean they’ll lose every election moving forward. My case, rather, is this: they know exactly what they want someone to do, but in an… Continue reading The Republican Party is Not Doomed
The Daily View: 12/23/2023 Bitcoin Scorecard, Nike Earnings, Trump, and Seed Oils
Item #1: Bitcoin scorecard. A Bitcoin ETF may be approved, but if so, it’s an inferior version, called a cash redemption model, and not a ‘true’ ETF. This cash redemption model is a compromise between the issuers and the SEC, instead of outright rejection: exchange-traded fund (ETF) issuers iron out details of their filings with… Continue reading The Daily View: 12/23/2023 Bitcoin Scorecard, Nike Earnings, Trump, and Seed Oils