When he’s not pushing women’s weights at the gym or losing his temper on Twitter, he’s still pushing his useless/scam ‘Real World Risk Institute’ mini-certificate program on his followers: Friends,#RWRI 17 is open for applications, July 11-22. We are accepting scholarships.https://t.co/MOQV9ANkLy — Nassim Nicholas Taleb (@nntaleb) April 4, 2022 I wrote about this in 2016… Continue reading Real World Risk Institute, a follow up
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Russia not a threat to dominance, importance of US dollar
There has been talk of Russia somehow undermining the Petro dollar. Vladimir Putin’s insistence that “unfriendly” nations pay in rubles for natural gas is just the beginning of a Russian export policy that will see fewer U.S. dollars being used in transactions for goods, especially for energy, according to the Kremlin. Russia demanding Rubles does… Continue reading Russia not a threat to dominance, importance of US dollar
Good opinions and IQ
A recurring theme of this blog is to try to understand what makes some opinions are better than others. It’s assumed that because opinions are subjective that that it should be hard to quantify a good opinion from a bad one, but I believe such a distinction is possible. This is sorta subjective, but from… Continue reading Good opinions and IQ
Not so distinct
Interesting new blog/e-magazine I came across Compact Mag. Hat tip to Oliver Lee Bateman, who recently published an article there and brought the website to my attention. Only the Economic Left Can Beat the Woke I think there is a recent tendency to treat the woke-left and the ‘anti-idpol-left’ (or the so-called economic-left) as being… Continue reading Not so distinct
Tesla Crushes Bitcoin
This is why I’m still one of the greatest investors and economic forecasters ever, if not the greatest, because I understand how things work. My dad and I loaded up on Tesla before the pandemic, have hundreds of shares post-spilt: Compare Tesla to Bitcoin: Since early 2018, Bitcoin has also been surpassed by Apple, Google,… Continue reading Tesla Crushes Bitcoin
How Taleb Uses Twitter
Taleb “Jack, I have a request.” Jack “Sure.” “I want you to block everyone for me on my behalf.” “What do you mean?” “I want you to have your programmers preemptively block everyone on Twitter for me…I cannot block everyone myself.” “But then the site won’t work.” “I will go through each account individually and… Continue reading How Taleb Uses Twitter
Media wrong about GameStop, Tesla,
GameStop stock is above $180 on news of a stock split. It looks like I was right yet again when last year I predicted that GameStop’s gains would hold, when the media was overwhelmingly pessimistic and calling it a bubble. The GameStop Bubble Is a Lesson in the Absurdity and Uselessness of the Stock Market… Continue reading Media wrong about GameStop, Tesla,
The Ukraine Rollup , media fails again
It’s remarkable but not that surprising (to me at least, given that I predicted it) that the Ukraine situation has decelerated from 60 to 0. It’s still ongoing, but fell way short of the doom and gloom forecasts a month ago. A month ago were being told to prepare for nuclear war. I am not… Continue reading The Ukraine Rollup , media fails again
Ukraine-Russia Update
It looks like I was right again, although wrong once: I was wrong about Putin not invading Ukraine. But I was right about the war being self-contained, not being as bad as feared, and the stock market making a sudden and V-shaped recovery, which it did last week and this week. Even though the situation… Continue reading Ukraine-Russia Update
Taylor Hawkins dies
Vox Day blames Taylor Hawkins’ sudden death on the Covid Vaccine: I suspect there are going to be a lot of deaths attributed to overdoses and other factors that are actually the result of a heart weakened by the Covid vaccinations. Given the unreliability of the medical community, the only reliable statistic will be the… Continue reading Taylor Hawkins dies