Category: Uncategorized

Soros: It’s the 2008 crisis all over again

Soros: It’s the 2008 crisis all over again George Soros is just another liberal who wants the economy to fail, for personal profit and to foment ‘revolution’ and class warfare, similar to past leftist upheavals such as the October Revolution, French Revolution, The Great Depression, and, to a lesser extent, the financial problem of 2008,… Continue reading Soros: It’s the 2008 crisis all over again

The Millennial Backlash Against The Baby Boomers

In addition to the post-2013 rise of nerd culture and the post-2013 decline of the SJW narrative, I’m also observing a post-2013 backlash by millennials against boomers, who are perceived as being blissful, naive spendthrifts who had five decades of post-ww2 prosperity dropped on their laps, who have the audacity to lecture millennials about getting… Continue reading The Millennial Backlash Against The Baby Boomers

Active Management Continues to Lag Indexes

After a really bad 2014, 2015 proved little better, with the majority of hedge funds, managers, and mutual funds failing to beat the S&P 500. Carl Icahn, Warren Buffett, and Bill Ackman – all of whom are billionaires – lagged the market substantially. Buffett lagged by 13% in 2015 Bill Ackman by 20%. It looks… Continue reading Active Management Continues to Lag Indexes

Re: Wealth Inequality

Paul Graham’s wealth inequality essay is generating considerable discussion. Seth Bannon rebuts, How Paul Graham gets it wrong in “Economic Inequality, arguing that Graham is attacking a straw man; however, Seth Bannon fails to actually make a substantive case that wealth inequality is bad for the economy. In the essay, his overarching point seems to… Continue reading Re: Wealth Inequality

In Defense of Smart People

It may be fashionable in certain circles to hate on smart people, who are perhaps perceived as being too enamored or ensconced in their thoughts and machinations to care about society and the world around them, perhaps appearing aloof, conceited, or disconnected. Maybe the economy is to blame, too, in bestowing too much prosperity upon… Continue reading In Defense of Smart People

Paul Graham: Economic Inequality and The Refragmentation

Tech VC heavyweight and hugely influential blogger Paul Graham posted two new essays: “Economic Inequality” “The Refragmentation” These essays are almost the same in that they deal with trends and paradigm shifts affecting post-2008 America, specifically about society, capitalism, start-ups, and wealth inequality. The meta-discussion is almost as interesting as the topic itself. These essay… Continue reading Paul Graham: Economic Inequality and The Refragmentation

What libertarians can learn from the fed. government

Libertarians and an-caps unanimously believe the government is always worse than the private sector, but here’s an example where this is reversed: IMHO, punishment is worse for civil cases under a hypothetical libertarian form of government, because the damages can be set arbitrarily high, and the debt collection renewed in perpetuity. Think frivolous lawsuits, which… Continue reading What libertarians can learn from the fed. government

Digital slueths expose ‘fat acceptance’ hypocrisy

To kick off 2016, another example of SJWs losing the narrative. An Instagram selfie posted by Tess Holiday, who is a ‘plus size model’ and SWJ proponent of ‘fat acceptance’, is going viral on Twitter now – but not because of the selfie itself, which is otherwise unremarkable, but because of a handicap placard captured… Continue reading Digital slueths expose ‘fat acceptance’ hypocrisy

Fairy Tales

The Irresistible Psychology of Fairy Tales The ‘fairy tale’ of the pseudo intellectual kind is also booming, particularly in the social sciences. That’s why those pop psychology books are so popular, by telling the masses what they want to believe. Taleb: the fairy tale that buying out-of-money puts is a profitable strategy, that quantitative finance… Continue reading Fairy Tales