Category: Uncategorized

Freddie deDoer and Rob K. Henderson weigh in on Columbia dropping the SATs. Columbia says they are not factoring SATs in admissions, but applicants are allowed to submit scores anyway. It will be interesting to see how much of a difference this makes: will summitting scores help even if it’s not a factor? If so,… Continue reading Columbia Dropping the SAT/ACT

Last week Silvergate Capital, a bank that is involved with crypto lending, plunged 60% on fears of defaulting. Bitcoin fell 5% in sympathy on the news, compared to the Nasdaq which was up 2% that Friday. My prediction of Bitcoin going back to $17k and or lagging the Nasdaq is coming true, as I said… Continue reading The collapse of crypto shows the limitations of expertise and track records

Came across this on Reddit, Poll shows half of Americans believe news media is intentionally misleading: 50% feel most national news organizations intend to mislead, misinform or persuade the public. 50% say there is so much bias in the news media that it is often difficult to sort out the facts. I don’t want to… Continue reading The media has only itself to blame for people not trusting it

Tyler Cowen entertains an unpopular hypothetical, A view that hardly anyone embraces. The depressing reality is that a lot of people are a net-negative on society, or so called zero-marginal productive people. Although the ‘official’ unemployment rate is 3.7 percent, the lowest in decades, when you include people who are chronically unemployed and or who… Continue reading Zero-marginal productive people, and healthcare rationing

Another huge week for META (formerly Facebook), up to $177/share compared to the Nasdaq being down 4%. This is a huge outperformance, and suggests significant relative strength on the part of META stock and its business. It’s going back to $350 soon, and then $500+ , and so on. Own FBL with is a 1.5… Continue reading Update: META stock keeps going up, $350 soon

Looks like I am right again. Bitcoin crashing, down to $23,500, which is $1,000 lower than last week when I said it would crash. People were giving their theories as to why it was going up. I said it was just hype and it would fall again, as it always does. Update on the method:… Continue reading Cryptocurrency has no future

Balloons and unidentified aerial objects are the latest ‘current thing’, replacing the egg crisis, or is now the Bing GPT crisis? It began with the Chinese spy balloon a couple weeks go, and has ‘memetically’ morphed into a national obsession. This has captivated Twitter and online punditry as being some major coverup or harbinger of… Continue reading America’s Threats are Always on the Horizon, Hypothetical

Richard Hanania weighs in on threshold effects of IQ as it pertains to income, such as in Sweden. The lowdown is that there are diminishing return to IQ vs income: beyond a certain threshold, like say an IQ of 130, the correlation breaks down. The highest of earners are not necessarily the smartest. This can… Continue reading IQ vs. Income: Threshold Effects and Diminishing Returns

Tim Urban of the hugely popular site Wait But Why wrote a book, What’s Our Problem. The word “our” immediately suggests both sides share some blame. Even if the author’s positions on most, if not all, major social issues are left-wing, a major part of his brand is not decisively taking sides, but laying the… Continue reading The new scolds: why liberalism stopped being cool

The ‘Great Awokening’ Is Winding Down Musa al-Gharbi, a sociologist at Columbia University, has been getting a lot of attention for having written multiple articles arguing that the ‘great awokening’ is winding down. Has wokeism peaked? A major part of his argument is that there are fewer notable incidents: We can see this, for instance,… Continue reading Is The ‘Great Awokening’ Winding Down?, Part 2