Atherton has the highest median property value of any region in America, with Menlo Park and Palo Alto not far behind. The entire Bay Area real estate market has been white-hot since 2012, coinciding with the huge public offerings of Facebook and Twitter and the 40+ percent gains in the S&P 500, and shows no… Continue reading Why Bay Area/Silicon Valley Real Estate Keeps Going Up
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Daredevil Stories
I am dubbing a new phrase, Daredevil Stories, to describe stories of people who apparently have a disability but somehow not only overcome the disability – but become substantially better than average. The name comes from a comic book in which the superhero Daredevil is blind but has better perception than sighted people. Normally, blind… Continue reading Daredevil Stories
Awstats is Awful
Believe it or not, I never checked the traffic of this site until only a few weeks ago. My plan to was write as much and needed and not check the stats after I had finished most of it, which is where it’s at now. Upon first glance, the traffic looks good, at 5000 uniques… Continue reading Awstats is Awful
The Fed May Never Raise Interest Rates Again
The fed may never raise rates again: Horwitz: ‘The Fed may never raise rates again’ I hope he’s right. The bad jobs number last week increases the odds rates will remain low, and the fed has no pressing reason to raise rates, anyway. The bond market isn’t signaling inflation and neither is the economic data.… Continue reading The Fed May Never Raise Interest Rates Again
Reddit Exposes Salon.com Racial Hypocrisy
It’s no surprise the left, in their war on success and achievement, is deferential to low-achieving minorities while at the same time depreciative of high-achieving minorities such as Indians and Asians. At CalTech, with probably the highest entrance standards in the US, and no affirmative action: Asians 40%, whites 29%, Hispanics 10%, and blacks 1.7%.… Continue reading Reddit Exposes Salon.com Racial Hypocrisy
Foreigners Keep Buying US Debt – And it Makes the Left Mad
The left whines about foreigners buying US debt, refusing to buy into the ‘we are doomed’ leftist delusions. But the question is, where else should foreigners put their money? Since 2011 the US dollar, the US stock market, and treasury bonds have outperformed their respective global peers. Since 2011, The dollar is up 30-100% against… Continue reading Foreigners Keep Buying US Debt – And it Makes the Left Mad
Obsession With Logical Fallacies
Today’s smartest generation of atheists don’t cite passages from the Bible. They cite each other’s logical fallacies, from the ‘Bible’ of Logical Fallacies. The attention brought to Logical Fallacies has become a ‘religion’ unto itself. You can win online arguments by calling out your opponent’s logical fallacy, without having to actually argue anything. It’s like… Continue reading Obsession With Logical Fallacies
Misconceptions About Algorithmic/High Frequency Trading
TLDR version: Algorithmic trading doesn’t cause market crashes, fear does. The left keeps spreading the myth that high frequency trading/algorithmic trading is responsible for crashes when in fact there are many glaring holes in the anti-HFT argument. If the market were rigged, as the left insists it is, and you knew how it was rigged,… Continue reading Misconceptions About Algorithmic/High Frequency Trading
IQ Anxieties
There is a debate on Scott’s blog about the ‘Growth Mindset’, that boils down to nature vs. nurture. Noah posts a rebuttal, accusing Scott of ‘derp’. As long as IQ plays an increasingly important role in our increasingly competitive, winner-take-all economy, this issue will remain controversial. IQ is our new caste system, and these feel-good… Continue reading IQ Anxieties
College Degree – A Necessary Evil
From Return of Kings: The True Return On Investment Of A College Education A college degree in a high-paying field, such as STEM, finance or economics, can have a very good ROI. Contrary to the $100k-200k figures thrown around by the anti-college crowd, the average debt per student is around $30k, or about the same… Continue reading College Degree – A Necessary Evil